1. Challenges Facing Young Entrepreneurs
The greatest difference between a youth and an adult with respect to many issues is obviously their age. That difference in age is the basis for the main challenges facing young entrepreneurs.

2. Challenges Facing Young Entrepreneurs
The two main challenges are:
Young entrepreneurs bring limited experience and knowledge to a venture
Young entrepreneurs typically have no credit history, no collateral, and no track record in paying off debt, which makes obtaining financing a real challenge.

3. Opportunities exist that can actually make it easier for young entrepreneurs than adults:
Media coverage has helped young entrepreneurs and their capacity to develop and operate successful ventures. Plus, free publicity!
There are many business start-up programs available to help young people; they are usually free of charge and offer consulting, mentoring, and administrative services.

4. Having a full or part time job before starting a venture can definitely help! You learn important skills plus have the opportunity to:
Learn about infrastructure
Develop a positive reputation
Build a network of contacts
Save money for future
Learn about the industry