6 Minute English cover image

Millennials and business

6 Minute English

00:00

Why Young People in the Millennial Generation Want to Be Entrepreneurs

Many millennials create startups, newly formed businesses intended to grow rapidly using a method called crowd funding. What's needed more than individual businessmen and women is collective effort, a group of people acting together to achieve a common goal. Muhammad Yunus won the Nobel Prize in 2006 for his work offering microfinance to low income businesses. He started the first business to earn one million in under a week.

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