08 Jul '11, 6am

Young generation talks about entrepreneurship

Young generation talks about entrepreneurship

“The fun [of being an entrepreneur] lies in the unknown. You wake up in the morning and don’t know what is going to happen during the day,” stated a panelist from the recent [email protected] competition for young entrepreneurs. Sitting there with a friend, I was taken with the speaker’s honesty. I had heard this message of uncertainty in entrepreneurship, but never related so directly. Young entrepreneurs in Singapore find the risky nature of entrepreneurship intriguing. This risk factor can also be a deterrent. Singapore’s Gross Domestic Product [the total market value of goods and services produced by a nation] has grown at an exponential rate for the past few decades. This, coupled with good governance, has propelled Singapore from a third-world to a first-world country. The average income of Singaporeans is now among the world’s highest. In order to maintain this hig...

Full article: http://sgentrepreneurs.com/singapore-entrepreneurs/2011/0...

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