Young Australian Entrepreneurs Say “Start Now!”
Out of Australia comes the interesting story of a number of young entrepreneurs with one thing in common. They all think that now, in this “recession”, is the best time to start a business.
“If we can start up in a recession and be successful, we can survive anything,” said 20-year-old Ryan Djurovich, who started Antevo, an online marketing and web development business, at 19.
Mike Jarocki is 19. Last month, he made $25,000 from the business he started less than a year ago.
Alana Maybus started an online gift store when she was 10 “just for something to do”. She now has customers across Australia.
And 16-year-old Mathew Carpenter might be studying for the HSC, but that hasn’t stopped him from starting his own consumer electronics business.
They are among a driven group of young Australians setting up their own businesses before they hit the big 2-0.
And they have one response to those hit by the financial crisis: harden up.
“You have to be ruthless in business – but that would be the same even if we weren’t facing a recession,” says 19-year-old Nick Ferguson who started Sustain Fitness at the age of 17.
Devin Walker on February 17th, 2009 7:40 pm
If you survive, you succeed!
Jaclyn Freeman on February 18th, 2009 6:44 am
These are a great bunch of young adults!!! as always it’s good to read about people starting up a new business of any kind, but it’s especially awesome to hear about younger people starting up a new business of some sort, and it’s true what they said…if they can start a business during a recession and survive…they should be able to survive anything that come’s their way in the future! many prayers and good luck to all of them!!
Scott on February 18th, 2009 7:34 pm
Many a great business has been started during tough times. Good to see some young Aussies having a go.
If only some of the companies who are currently laying off hundreds and sometimes thousands of staff would realise that a bit of innovation goes a long way.
Mark Bantigue on February 18th, 2009 9:07 pm
Risk and reward…starting small really dampens the risk part. Sometimes, that’s the biggest hurdle…fear of risk
Jason Chiu on August 12th, 2009 12:45 am
This proves a very important point, that you dont need to have a “formal education” to be successful in the real world.
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