The Entrepreneurs Network and Youth Business International invite you to join us for the launch of a new report exploring the attitudes, working practices, and background of Britain’s young entrepreneurs (aged 35 and under) and how they differ from older entrepreneurs.

Attitudes towards entrepreneurship have shifted dramatically over the last few decades. Many young people now dream of working for themselves and want to use entrepreneurship as a force for good.

Our research revealed that young entrepreneurs are significantly more likely to prioritise social impact over maximising profits than older generations. Young entrepreneurs are twice as likely to say their business’s primary aim is to solve a social or environmental problem (39% to 18%) and more likely to say their business focuses on promoting diversity and social good, even if that comes at the expense of profit (41% to 25%).

Young entrepreneurs also work differently. They are more likely to do business online (entirely: 31% vs 27% and mostly: 35% vs 27%), more likely to seek out external sources of information about running a business such as podcasts (35% vs 19%), social media (68% vs 34%), and accelerators/incubators (12% vs 7%) and more likely to attend business networking events (71% vs 46%).