In a revealing new survey it was discovered that more than half of young people actually want to start their own businesses and it doesn’t’ matter if they are male or female.
Based on the results of the research done by Businessdynamics, a business education charity, it was found out that 53 per cent of school students would like to become entrepreneurs in the future. This is the first time that this group has been in the majority ever since the survey began in 2001.
The long-standing gender gap is also closing in very swiftly with 51 per cent of female students now expressing their desire to become entrepreneurs compared to just 35 per cent last year. About 55 per cent of males have said that they want to start up their own businesses and become entrepreneurs.
But there was also a regional variation in the results of the survey with 56 per cent of young people in England wanting to become entrepreneurs compared to just 38 per cent in Scotland.
The rise in female interest in starting up a business has been attributed to role models such as JK Rowling and Charlotte Church who have both been cited as inspirations. Only 27 per cent of the 400 students surveyed had a family member who ran their own business.
The prospect of failure is also not deterring them from their dreams of starting up and running their own business
– 88 per cent said the owner should be encouraged to try his hand at business again.