INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI)
ABSTRACT
First and foremost, entrepreneurship is a mindset. Entrepreneurship has gained widespread
attention as a critical driver of economic growth, innovation, and job creation in many countries.
Young entrepreneurs under the age of 35 represent a growing and important segment of the
entrepreneurial community. According to recent reports, more than half of the world's population
is under the age of 30, and this demographic group is expected to make up a significant portion of
the workforce and consumer market in the coming years. Understanding the factors that contribute
to the success of young entrepreneurs is, therefore, crucial to fostering entrepreneurship and
economic growth. We have examined research papers dating back to 1990. This paper aims to
explore the success factors of young entrepreneurs under the age of 35 by focusing on their
business and personal skills. As a result of our investigation into the difficulties and constraints of
the era, which was influenced by changes in time, technology, internal and external factors,
thinking and perspective, etc., we learned that young entrepreneurs encounter a number of
challenges as they launch and grow their businesses. The literature review reveals that these young
businesspeople share one trait in common: they identified an opportunity and took advantage of it.
They were motivated by their families, academics, societal trends, and current events: That is what
entrepreneurship is all about.
Keywords:
Young Entrepreneurs, Skills, Market, Risk, Success Factors, Barriers, Hard work
Cite Article:
"Young Entrepreneurs & the Challenges and Barriers while Scaling Up", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 4, page no.b667-b679, April-2023, Available :http://www.ijnrd.org/papers/IJNRD2304190.pdf
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ISSN:
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
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