Tag: teen entrepreneurs

Teen entrepreneurs, women entrepreneurs make a $1 million salary

1.

The average female entrepreneur in India is earning $500,000 a year. 

2.

The Indian government is encouraging more and more women entrepreneurs to enter the country, even as its gross domestic product continues to decline. 

3.

Female entrepreneurs have raised $1.3 billion to date. 

4.

They are expected to double in the next five years. 

5.

India’s population is projected to reach 8.5 billion by 2050. 

6. 

This is the first time in over 70 years that India has witnessed more women founders than men. 

7.

The country is the second-largest producer of solar panels, after China. 

8.

The government has committed to a national policy of encouraging entrepreneurship by 2020. 

9. 

Over 70 per cent of Indian startups are now female. 

10.

More than half of Indian companies are female-run, according to research firm McKinsey. 

11. 

According to a report by McKinsey, the world’s most-valued start-up ecosystem has been growing rapidly in the last decade. 

12.

India has more than 1,000 female founders. 

13.

There are more than 40,000 women in India, the second most in the world. 

14. 

Women are the second biggest group of venture capitalists in India. 

15.

The top five start-ups in India are Gurgaon-based Flipkart, Mumbai-based Idea Cellular, Telangana-based Bharti Airtel and Kolkata-based SoftBank. 

16. 

In 2014, more than one-third of the Fortune 500 companies were run by women. 

17.

India is the only country in the region with a female-owned media, telecom and digital business. 

18. 

More than 80 per cent are female entrepreneurs. 

19. 

India is the largest country in Asia in terms of population, with over 10 million women, according to the World Economic Forum. 

20.

India now has the second largest number of female-headed startups, after South Korea. 

21.

India ranks in the top five countries in terms and number of women in executive roles. 

22. 

The number of Indian female start–ups has grown to more than 500. 

23.

The number of start- ups in India has grown by more than 300 in the past decade. 

 24. 

There are more female entrepreneurs working in India than in any other country. 

25. 

Indian women have created almost half of the world, or 30 per cent, of the new jobs created since 2000. 

26. 

As India’s economy continues to expand, it is expected to grow at an average annual rate of 4.3 per cent over the next four years. 

 27. 

A report from McKinsey says there is a “strong correlation” between the growth of women-led start- up businesses and the number of foreign-owned start- Ups. 

28. 

About three-quarters of Indian start- companies are privately owned. 

29. 

Start-ups with female founders have been growing at an even faster rate than male-led ones. 

30. 

On average, Indian start up companies are more profitable than their male counterparts. 

31. 

For the first five years, female start ups grew at a median annual rate, up from 0.6 per cent in 2008 to 2.5 per cent by 2020, according a McKinsey report. 

32. 

Female-led Indian start ups are expected in the second quarter of this year, up 5.2 per cent from the year before. 

33. 

At the beginning of this month, an estimated 1,500 women started their first start-Up. 

34. 

Among India’s 500 million entrepreneurs, there are almost 2,000 men.

35. 

Half of all Indian start companies are run by men, according the McKinsey Global Institute report. 

 36. 

An estimated 5 per cent to 7 per cent of start-Ups in India were launched by women in the first quarter of 2019. 

37. 

Nearly one in five Indian start businesses are privately held. 

38. 

One of the key reasons for the growth in start-UPs is a shortage of female start up founders.

39. 

“The need for more female startups is growing, and we have to help them find more investors.

We have to make sure that they can raise funds,” said Piyush Goyal, the Minister of State for Entrepreneurship. 

40. 

Around 90 per cent women start-uppers have raised over $1 billion, according an estimate by McKinseys.

41. 

To help more women enter the start-upper and make it a successful business, the government is creating a national program to promote entrepreneurship. 42. 

How to make a ‘smart’ business with teens

STEPHEN COhen has a plan to revolutionise the way teenagers create a new business.

Mr Cohen, the co-founder of the digital music service Beats 1, says the most promising thing about his approach is that it’s actually working.

“The teens are actually building a new generation of businesses, and it’s not just us,” he says.

Mr Cohen believes the biggest challenge in business is not getting more kids involved in the business, but rather getting them to feel involved in it.

He says he’s tried to help teens with a variety of things, such as setting up online classes and giving them mentors.

The key to the successful teens, he says, is that they need to feel invested in their project.

As well as helping them get started, he suggests a few things for teenagers to try, such a mentor, a mentor group and so on.

Mr Cohen says he has tried to give them advice about business, so they know what they’re getting into.

They also need to be aware of the risks of doing something that they might not like.

This is because the riskiest thing a teen does is get caught in a bubble, Mr Cohen says.

“You might not be able to escape it and get back to your normal life, so you need to get back out there and make something great.”

For young entrepreneurs, Mr Cohen suggests they start by talking to a business owner.

“The biggest thing I would say to the young people that are trying to start businesses is don’t think you’re going to be successful, just go out there with the passion you have,” he said.

Beats 1 has now launched in more than 100 countries and Mr Cohen believes he has a strong foundation in Australia.

“It’s an Australian brand and it has grown here in Australia,” he told the ABC.

“There’s a huge opportunity for us in the world, it’s a great place to start a business, and the only thing I can say is I think the biggest thing for me is to do it with my own two hands.”

Read more:Beats music service launches in AustraliaThis story originally appeared on ABC News.