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Skills

“I have the knowledge and tools to identify and pursue a market opportunity.”

Young people require two broad types of skills to start and run successful businesses: hard or cognitive skills and soft skills. Hard skills include market understanding, business planning, financial management, sales and marketing, capital raising, deal making, and talent recruitment. Soft skills include risk-taking, self-motivation, cold calling and networking, pro-activeness, persistence, and creativity.

A young person can acquire these skills and knowledge through formal education, mentorship, and self-study. This section focuses on formal education.

Share your thoughts! For example, your response could refer to financial literacy, the availability of entrepreneurship education in elementary and high schools, access to post-secondary entrepreneurship courses, etc.

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