Obstacle to Young Entrepreneur

The Obstacles To Be Young Entrepreneur

Absharina Hasyyati
Trisakti University Jakarta
Email: [e-mail]

Feby Rahmawati
Trisakti University Jakarta
Email: [e-mail]

Husna Leila Yusran
Trisakti University Jakarta
Email: [e-mail] The objective of this study is to find out the obstacles that the student faces as young entrepreneurs in Indonesia. A hundred student from eight universities in Indonesia participate in this study
Research found that several aspects such as role model, adviser, financial support and network considered as obstacles for the respondent to be young entrepreneur. Implication of the study were provided

Keyword : entrepreneurship, obstacles, university student

Background of The Study

Chindoga and Fatoki (2011) define Entrepreneurship as a vehicle to economic growth, success, and prosperity. Pretorius and Shaw (2004) and Atieno (2009) report that lack of finance is one of the major constraints to the formation of new enterprises. Entrepreneurs need to access to both internal and external finance to reduce the survive and grow. In order to earn a living and become independent most people seek to become employees without exploring the possibilities of becoming an entrepreneur. (European Youth Forum 2011). Most of them are too afraid to take risks to be entrepreneur because conditions that fluctuate. beside that several factors are also an obstacles in starting a business. Evidence shows that when jobs are scarce, young persons are generally more likely to be unemployed. There is growing recognition among governments and international bi- and multi lateral organizations that as jobs become scarce, youth entrepreneurship becomes an important strategy for integrating youth into labor markets thereby addressing unemployment challenges (Simpson and Christensen 2009). Some obstacles due to limited resources, life and work experience, they face greater barriers

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