THE PROJECT OF SHOE BUSINESS FOR YOUNG PEOPLE – OPPORTUNITIES AND CHALLENGES FOR STUDENTS’ STARTUPS

  • Le Thi Hong Quyen Hung Yen University of Technology and Education
  • Luu Minh Quyen Hung Yen University of Technology and Education
  • Hoang Hai Bac Hung Yen University of Technology and Education
Keywords: Starting a business, opportunities, challenges, project of shoes business, young people

Abstract

Establishing a new business a topic of great interest in Viet Nam, especially. Although still studying in college, many students have dreamed and planned for their own businesses and step and step made those dreams come true, which has created a movement called ‘students’ startups’. There are many opportunities for students to start their business due to the fact that they are creative and enthusiastic young people. A lot of students are willing to take risks and ready to restart in case of failure. In addition, financial pressure and abundance of knowledge learnt in university contribute to encourage them to come up with startup ideas. Students’ startups do not necessarily come from an outstanding idea or a huge amount of capital. Most of them begin with small ideas, which are generated from their observation or their personal passions. However, students also have to face many challenges when establishing their business such as difficulties in choosing feasible business ideas and capital mobilization, limitation of practical experience.. ‘The project of shoe business for young people’ is a good example of students’ startups with their own opportunities and challenges

References

Nguyễn Ngọc Huyền, Giáo trình Khởi sự kinh doanh, NXB Kinh tế quốc dân, 2017.

Lưu Đan Thọ, Lập kế hoạch và Khởi sự kinh doanh, NXB Tài chính.

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Donald F.Kuratko, Khởi nghiệp kinh doanh Lý thuyết, Quá trình, Thực tiến, NXB Hồng Đức.

Published
2019-10-10
How to Cite
Le Thi Hong Quyen, Luu Minh Quyen, & Hoang Hai Bac. (2019). THE PROJECT OF SHOE BUSINESS FOR YOUNG PEOPLE – OPPORTUNITIES AND CHALLENGES FOR STUDENTS’ STARTUPS. UTEHY Journal of Science and Technology, 23, 52-58. Retrieved from https://tapchi.utehy.edu.vn/index.php/jst/article/view/53