From Graduate to Entrepreneur

This week, the media has been reporting that our graduates will have a tough time finding a job in the current economic climate after leaving university. But is it really all doom and gloom or can new opportunities be explored, benefiting graduates, the economy and existing businesses?

Could this be the time for young people to rely more on their own ideas, to create opportunities for themselves and be proactive? Well, according to a recent article, many are doing this already. Apparently the recession is having little or no effect on the young entrepreneurs of the future who seem to be thriving on the current economic challenges.

Many are using the recession to identify new business opportunities and technology to give them a competitive edge, in contrast to their more mature counterparts who are apparently tightening their purse strings to ride out the recession.

This proactive attitude could be attributed to young people being at a time of their lives when risk is minimal – many don’t have children or mortgages – and the world is their oyster. Some of the world’s most innovative ideas have come from students including Facebook and Google.

Alternatively, a Graduate Talent Pool Initiative is being launched by the government this month to support businesses during the economic downturn whilst also enabling graduates to improve their employability skills.

So there are options out there – whether you want to start-up your own business or look into the Graduate Talent Pool Initiative. If you are a young entrepreneur, we would love to hear from you. For more information on business start-up and growth, visit Enterprising Women.