Article by entrepreneur magazine

There is a profound change course by our cosmos, our world and our own beings these periods. Although not under the radar of traditional media, change and reinvention happen in all governments, corporations, small businesses, communities, families, and even in our practices individual daily. Business as usual are out-innovation, collaboration, and impacts are evolutionary in it! The “JOB” is D

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Last week, we looked at the important role that youth entrepreneurship plays in the overall economic development of Jamaica. Unfortunately, despite aspirations to create their own income sources, many young people struggle to find ways to achieve their business dreams.

It’s a common belief by new entrepreneurs that the route to business success lies in easier access to start-up financing for their fledgling operations. The reality is that an injection of money can sometimes be insufficient to help an enterprise prosper if the owner is inexperienced in business.

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I am 18 years old and I am looking into my various options to try and become a multimillionaire while I’m still young. I have tried forex trading, but didn’t do too well with it. The way I see it, forex trading is not for beginners like me and more for educated professionals who’ve went to university to get degrees on the subject. My other investment alternative is trading stock options, i.e. puts & calls which is better than trading forex I think, and is more predictable. My other alternative besides becoming an investor is to become an internet entrepreneur by first using what little money I have to create some applications for the iPhone or something, and then using the proceeds as an investment in setting up a website and to try and turn that website into a successful multimillion pound business. What would you say is the best option if I want to become a multimillionaire all in my early 20s? Please give a good reasonable answer. Thanks!

I am personally interested in the stories of people starting up a company, why they did take the change, what did make them make the jump etc.

Today, I talked to Thomas Mylonas (20 Mar 1982, Netherlands, born in Greece), Owner and CEO of 3 companies Crux Group, Dot Kite and Loggia Import.

Thomas Mylonas is one of the most influential designers and entrepreneurs of his generation. At 27, he has already influenced and inspired others through a wide range of disciplines & media; creating everything from chairs, household objects, advanced footwear concepts, consumer electronics, Hotels and Bar-Restaurants.

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My husband’s business of the past 6 years closed in June 2009. We had a lot of money saved, but we have a very expensive mortgage & car payment, so it’s depleting so fast. We applied for a loan modification and are waiting to hear back next week. We both have temporary jobs that end this month so even if we get the modification we will be out of work again soon. My husband was an entrepreneur, so his skills are very specific, and he can’t find anything. I worked in film production when we were making money, but I have to be in LA or NYC to do that. I have no real skills outside of that, been a mom for the past 5 years. The real kicker is, I left my husband last Dec 2008, and since all of this has happened, we are living together again to save money. I’m soo depressed and confused about what I should do. We have two kids, and are in our early 20s.

The options I see are:
1) Move to LA or NYC, which involves uprooting my kids. Plus it’s very expensive, so I would probably be living in a studio or 1 bedroom with 2 kids. I would be making a good paycheck, however, film production is off and on, so there can be a few months throughout the year when you would have no income.

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Opportunity For Young Entrepreneurs

what can a young 20 yr old do to gain experience as a entrepreneur?

i am a 16 year old girl and i want to start my own small business. what are some good entrepreneur ideas that i can use to start a business?

PHILIPSBURG, ST. MAARTEN – Several Caribbean Entrepreneurs including Gregory Richardson, Kaishah Peters, Susan Barnes-Pereira and Reuben Rogers are featured in the latest book by serial entrepreneur Nerissa Golden. 

In The Making of A Caribbeanpreneur: Strategies for Overcoming Fear and Building Wealth, Nerissa Golden who founded the Young Entrepreneurs Symposium (YES) in 2006 highlights how Caribbean people can use their passions to create rewarding business ventures.

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