Latest news with #SimplyBusiness


Scottish Sun
2 days ago
- Business
- Scottish Sun
Eight in 10 Brit teens believe university degree is critical to success, survey finds
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) EIGHT in 10 teenagers believe a university degree is critical to success - despite 75 per cent harbouring dreams of starting a business. A study of 500 16-19-year-olds found 55 per cent view the well-trodden path of higher education as their only possible next step after secondary education. 2 Rapper and entrepreneur Professor Green left school without any qualifications Credit: SWNS 2 He met with A-level students about their futures after school Credit: SWNS Yet while many have this traditional mindset, 36 per cent are already making money from side hustles. But others acknowledged there are significant barriers holding young people back, with half (51 per cent) citing lack of funding as their biggest obstacle. While 46 per cent added they lack expert guidance or mentorship to take the next step to go it alone. The research, commissioned by small business insurance provider Simply Business as part of its Young Entrepreneur Fund campaign, which will award 10 winners grants of £5,000 each following completion of a business support programme provided by youth enterprise charity Hatch Enterprise. Entrepreneur and musician Professor Green, who is on the judging panel, said: 'I didn't take the conventional route – I left school without any qualifications, and I definitely didn't get anywhere near university. 'No grades, no safety net, just a lot of graft and figuring things out as I went. 'And I know loads of young people feel the same right now. 'You've got ideas, ambition, but no one's showing you how to turn that into something real.' The research also found 61 per cent believe school doesn't provide the necessary education around business skills. However, nearly half (49 per cent) are motivated by independence for their future professional endeavours as they want to be their own boss. Nineties kids TV presenter, 56, has barely aged a day in 20 years since legendary show as she gets an honorary degree Another 48 per cent who seek financial freedom believe the entrepreneurial route will help them to earn more money. While 35 per cent hope to turn current hobbies into careers, according to the findings conducted via OnePoll. Julie Fisher, CEO at Simply Business, which is accepting applications for the Young Entrepreneur Fund until 9th October 2025, said: 'Our research tells a compelling story – millions of young people dream of being their own boss. 'Yet, only a fraction are able to turn that ambition into a reality. 'Small businesses and entrepreneurs are the lifeblood of our communities and economy, and this entrepreneurial spirit represents a treasure trove of opportunity. 'Through this initiative, we are not only providing vital funding and mentorship, but we are also championing the incredible opportunities that entrepreneurship offers." Professor Green, who recently met with A-Level students at Project Zero youth centre in Walthamstow to discuss how they felt about their futures added: 'It's about giving people the backing they need to bet on themselves, which in turn helps to support local communities. 'Not everybody needs a degree to be successful – but you do need belief, support, and a chance.'


The Sun
2 days ago
- Business
- The Sun
Eight in 10 Brit teens believe university degree is critical to success, survey finds
EIGHT in 10 teenagers believe a university degree is critical to success - despite 75 per cent harbouring dreams of starting a business. A study of 500 16-19-year-olds found 55 per cent view the well-trodden path of higher education as their only possible next step after secondary education. 2 Yet while many have this traditional mindset, 36 per cent are already making money from side hustles. But others acknowledged there are significant barriers holding young people back, with half (51 per cent) citing lack of funding as their biggest obstacle. While 46 per cent added they lack expert guidance or mentorship to take the next step to go it alone. The research, commissioned by small business insurance provider Simply Business as part of its Young Entrepreneur Fund campaign, which will award 10 winners grants of £5,000 each following completion of a business support programme provided by youth enterprise charity Hatch Enterprise. Entrepreneur and musician Professor Green, who is on the judging panel, said: 'I didn't take the conventional route – I left school without any qualifications, and I definitely didn't get anywhere near university. 'No grades, no safety net, just a lot of graft and figuring things out as I went. 'And I know loads of young people feel the same right now. 'You've got ideas, ambition, but no one's showing you how to turn that into something real.' The research also found 61 per cent believe school doesn't provide the necessary education around business skills. However, nearly half (49 per cent) are motivated by independence for their future professional endeavours as they want to be their own boss. Nineties kids TV presenter, 56, has barely aged a day in 20 years since legendary show as she gets an honorary degree Another 48 per cent who seek financial freedom believe the entrepreneurial route will help them to earn more money. While 35 per cent hope to turn current hobbies into careers, according to the findings conducted via OnePoll. Julie Fisher, CEO at Simply Business, which is accepting applications for the Young Entrepreneur Fund until 9th October 2025, said: 'Our research tells a compelling story – millions of young people dream of being their own boss. 'Yet, only a fraction are able to turn that ambition into a reality. 'Small businesses and entrepreneurs are the lifeblood of our communities and economy, and this entrepreneurial spirit represents a treasure trove of opportunity. 'Through this initiative, we are not only providing vital funding and mentorship, but we are also championing the incredible opportunities that entrepreneurship offers." Professor Green, who recently met with A-Level students at Project Zero youth centre in Walthamstow to discuss how they felt about their futures added: 'It's about giving people the backing they need to bet on themselves, which in turn helps to support local communities. 'Not everybody needs a degree to be successful – but you do need belief, support, and a chance.'


Scotsman
2 days ago
- Business
- Scotsman
Majority of teens still believe a university degree is critical to success
Eight in 10 teenagers believe a university degree is critical to success - despite 75 per cent harbouring dreams of starting a business. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... A study of 500 16-19-year-olds found 55 per cent view the well-trodden path of higher education as their only possible next step after secondary education. Yet while many have this traditional mindset, 36 per cent are already making money from side hustles. Advertisement Hide Ad Advertisement Hide Ad But others acknowledged there are significant barriers holding young people back, with half (51 per cent) citing lack of funding as their biggest obstacle. While 46 per cent added they lack expert guidance or mentorship to take the next step to go it alone. Over half of teens see higher education as their only next step | Will Ireland / PinPep / SWNS Backing the next generation of entrepreneurs The research, commissioned by small business insurance provider Simply Business as part of its Young Entrepreneur Fund campaign, which will award 10 winners grants of £5,000 each following completion of a business support programme provided by youth enterprise charity Hatch Enterprise. Entrepreneur and musician Professor Green, who is on the judging panel, said: 'I didn't take the conventional route – I left school without any qualifications, and I definitely didn't get anywhere near university. Advertisement Hide Ad Advertisement Hide Ad 'No grades, no safety net, just a lot of graft and figuring things out as I went. 'And I know loads of young people feel the same right now. 'You've got ideas, ambition, but no one's showing you how to turn that into something real. The research also found 61 per cent believe school doesn't provide the necessary education around business skills. However, nearly half (49 per cent) are motivated by independence for their future professional endeavours as they want to be their own boss. Advertisement Hide Ad Advertisement Hide Ad Another 48 per cent who seek financial freedom believe the entrepreneurial route will help them to earn more money. While 35 per cent hope to turn current hobbies into careers, according to the findings conducted via OnePoll. Julie Fisher, CEO at Simply Business, which is accepting applications for the Young Entrepreneur Fund until 9th October 2025, said: 'Our research tells a compelling story – millions of young people dream of being their own boss. 'Yet, only a fraction are able to turn that ambition into a reality. Advertisement Hide Ad Advertisement Hide Ad 'Small businesses and entrepreneurs are the lifeblood of our communities and economy, and this entrepreneurial spirit represents a treasure trove of opportunity. 'Through this initiative, we are not only providing vital funding and mentorship, but we are also championing the incredible opportunities that entrepreneurship offers." Professor Green, who recently met with A-Level students at Project Zero youth centre in Walthamstow to discuss how they felt about their futures added: 'It's about giving people the backing they need to bet on themselves, which in turn helps to support local communities. 'Not everybody needs a degree to be successful – but you do need belief, support, and a chance.'


Wales Online
3 days ago
- Business
- Wales Online
Majority of teens still value university degrees despite entrepreneurial dreams says study
Majority of teens still value university degrees despite entrepreneurial dreams says study Eight out of 10 teenagers believe that a university degree is crucial to success, despite 75% nurturing dreams of starting their own business A study involving 500 individuals aged 16-19 revealed that 55% see higher education as the only viable next step after secondary school. However, while many hold this traditional viewpoint, 36% are already earning money from side hustles. Others recognised significant barriers preventing young people from progressing, with half (51%) identifying lack of funding as their biggest hurdle. Additionally, 46% stated they lack the expert guidance or mentorship needed to take the next step independently. The research was commissioned by small business insurance provider Simply Business as part of its Young Entrepreneur Fund campaign, which will award 10 winners grants of £5,000 each following completion of a business support programme provided by youth enterprise charity Hatch Enterprise. Entrepreneur and musician Professor Green, who is on the judging panel, commented to say: "I didn't take the conventional route – I left school without any qualifications, and I definitely didn't get anywhere near university. No grades, no safety net, just a lot of graft and figuring things out as I went. "And I know loads of young people feel the same right now. "You've got ideas, ambition, but no one's showing you how to turn that into something real." Professor Green involved in The Young Entrepreneur Fund. (Image: PinPep) The research also found a significant 61% of respondents believe that schools don't provide the necessary education around business skills. However, nearly half (49%) are driven by a desire for independence in their future professional pursuits, with aspirations to be their own boss. Another 48% who are seeking financial freedom believe that taking the entrepreneurial path will help them earn more money. Meanwhile, 35% hope to transform their current hobbies into careers, according to the findings gathered via OnePoll. Julie Fisher, CEO at Simply Business, which is accepting applications for the Young Entrepreneur Fund until 9th October 2025, commented to say: "Our research tells a compelling story – millions of young people dream of being their own boss. "Yet, only a fraction are able to turn that ambition into a reality. Small businesses and entrepreneurs are the lifeblood of our communities and economy, and this entrepreneurial spirit represents a treasure trove of opportunity. Article continues below "Through this initiative, we are not only providing vital funding and mentorship, but we are also championing the incredible opportunities that entrepreneurship offers." Professor Green, who recently met with A-Level students at Project Zero youth centre in Walthamstow to discuss their feelings about their futures, added: "It's about giving people the backing they need to bet on themselves, which in turn helps to support local communities. "Not everybody needs a degree to be successful – but you do need belief, support, and a chance."


North Wales Live
3 days ago
- Business
- North Wales Live
Majority of teens still value university degrees despite entrepreneurial dreams says study
A study involving 500 individuals aged 16-19 revealed that 55% see higher education as the only viable next step after secondary school. However, while many hold this traditional viewpoint, 36% are already earning money from side hustles. Others recognised significant barriers preventing young people from progressing, with half (51%) identifying lack of funding as their biggest hurdle. Additionally, 46% stated they lack the expert guidance or mentorship needed to take the next step independently. The research was commissioned by small business insurance provider Simply Business as part of its Young Entrepreneur Fund campaign, which will award 10 winners grants of £5,000 each following completion of a business support programme provided by youth enterprise charity Hatch Enterprise. Entrepreneur and musician Professor Green, who is on the judging panel, commented to say: "I didn't take the conventional route – I left school without any qualifications, and I definitely didn't get anywhere near university. No grades, no safety net, just a lot of graft and figuring things out as I went. "And I know loads of young people feel the same right now. "You've got ideas, ambition, but no one's showing you how to turn that into something real." The research also found a significant 61% of respondents believe that schools don't provide the necessary education around business skills. However, nearly half (49%) are driven by a desire for independence in their future professional pursuits, with aspirations to be their own boss. Another 48% who are seeking financial freedom believe that taking the entrepreneurial path will help them earn more money. Meanwhile, 35% hope to transform their current hobbies into careers, according to the findings gathered via OnePoll. Julie Fisher, CEO at Simply Business, which is accepting applications for the Young Entrepreneur Fund until 9th October 2025, commented to say: "Our research tells a compelling story – millions of young people dream of being their own boss. "Yet, only a fraction are able to turn that ambition into a reality. Small businesses and entrepreneurs are the lifeblood of our communities and economy, and this entrepreneurial spirit represents a treasure trove of opportunity. "Through this initiative, we are not only providing vital funding and mentorship, but we are also championing the incredible opportunities that entrepreneurship offers." Professor Green, who recently met with A-Level students at Project Zero youth centre in Walthamstow to discuss their feelings about their futures, added: "It's about giving people the backing they need to bet on themselves, which in turn helps to support local communities. "Not everybody needs a degree to be successful – but you do need belief, support, and a chance."