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Entrepreneurship Survey Among Malaysian YouthsEntrepreneurship Survey Among Malaysian YouthsEntrepreneurship Survey Among Malaysian YouthsEntrepreneurship Survey Among Malaysian Youths – –– – 2010201020102010
Mohamad Sabrie Mohamad Salleh
Entrepreneurship Survey Among Malaysian Youths – 2010
2
Contents
TITLE PAGE
Key HighlightsKey Ideas From YouthsResearcher’s BackgroundPurpose of ReportSnippets from out Social Media PartnersProfile of RespondentsInterest In EntrepreneurshipEntrepreneurship Behaviour and CharacterBarriers In Starting Up A New VentureEntrepreneurship In Malaysian UniversitiesPitch-for-Funding ReadinessAcknowledgement & Closure
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Entrepreneurship Survey Among Malaysian Youths – 2010
3
Key Highlights
Survey reached
6,488 Malaysian youths
through facebook.
75%
of youths categorized themselves as
social entrepreneurs
aiming for profit and socialobjectives (people & environment).
85%
of youths
would reinvest
an amount of
RM100 million
they earned from a commercialproject, for sustainability and future profitability.
95%
of youths
want to start a venture
in the future
but
76%
do not
know a Non DisclosureAgreement helps to
protect their business ideas
.
73%
of youths
believe their business ideas will work
even if they fail to obtain funding from180 investors.
62%
of youths listed
“no funding” as their main barrier
in starting a venture while the secondhighest barrier is lack of experience in managing a venture (46%).
72%
of youths
disagree or undecided
whether
their degree subjects train them to beentrepreneurial
.
60%
of youths would
think of “stall in a bazaar” or “multi level marketing”
as anentrepreneurship activity.
66%
of youths
agree managing a venture for 1 year
while they are in the university wouldhelp them to
succeed
as an entrepreneur.
62%
of youths
have written a business plan once or more
but
82%
have
neverapplied for funding
from any financial institutions.
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