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3 weeks ago
Young E3 Entrepreneurship Fund

@alejandromalgor VP de Operaciones en #Latinoamérica invitado por jhbroker.ar a compartir su camino como #emprendedor y el trabajo que desarrollaran desde Young E3 en la región.

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@alejandromalgor VP of Operations in Latin America invited by jhbroker.ar to share his path as a social entrepreneur and the work they will develop in the region with YE3.
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@alejandromalgor VP de Operaciones en #Latinoamérica invitado por @jhbroker.ar a compartir su camino como #emprendedor y el trabajo que desarrollaran desde Young E3 en la región.

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@alejandromalgor VP of Operations in Latin America invited by @jhbroker.ar to share his path as a social entrepreneur and the work they will develop in the region with YE3.Image attachmentImage attachment

Young E3 joins in celebrating International Women's Day 2024.

According to the World Economic Forum, only 1 in 3 businesses are owned by women globally. Whilst the reasons for this are multifaceted, an often reported reason is women’s reduced lack of access to finance / start-up capital.

Our Founder, Caroline Berube, passionately believes in increasing women’s participation in entrepreneurship and encourages women to make an impact in their local as well as the global business communities having herself become a serial entrepreneur founding her first business in the early 2000’.

To aid in Young E3’s aspirations for gender parity in entrepreneurship worldwide, we have pledged to devote a minimum of 30% of our overall funding to specifically target and mentor young female entrepreneurs of the future.

Happy International Women’s Day 2024 everyone!
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Young E3 joins in celebrating International Womens Day 2024. 

According to the World Economic Forum, only 1 in 3 businesses are owned by women globally. Whilst the reasons for this are multifaceted, an often reported reason is women’s reduced lack of access to finance / start-up capital.

Our Founder, Caroline Berube, passionately believes in increasing women’s participation in entrepreneurship and encourages women to make an impact in their local as well as the global business communities having herself become a serial entrepreneur founding her first business in the early 2000’.

To aid in Young E3’s aspirations for gender parity in entrepreneurship worldwide, we have pledged to devote a minimum of 30% of our overall funding to specifically target and mentor young female entrepreneurs of the future.

Happy International Women’s Day 2024 everyone!

Young E3 Entrepreneurship Fund is delighted to announce the recent appointment of Alejandro Malgor as our VP-Operations (Latin America).

Alejandro is a co-founder of Xinca eco shoes, a footwear and fashion brand with an environmental and sustainable focus.

Young E3 Entrepreneurship Fund welcomes Alejandro to his new role which will involve finding young and brilliant entrepreneurial talented individuals firstly in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay.

To find out more about our entrepreneur start-up mentoring services, please visit: Young E3 Entrepreneurship Fund (yethree.com).

#entrepreneurship #entrepreneur #mentee #startup #startups #argentina #southamerica #chile
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Young E3 Entrepreneurship Fund is delighted to announce the recent appointment of Alejandro Malgor as our VP-Operations (Latin America).

Alejandro is a co-founder of Xinca eco shoes, a footwear and fashion brand with an environmental and sustainable focus.

Young E3 Entrepreneurship Fund welcomes Alejandro to his new role which will involve finding young and brilliant entrepreneurial talented individuals firstly in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay.

To find out more about our entrepreneur start-up mentoring services, please visit: Young E3 Entrepreneurship Fund (yethree.com).

#entrepreneurship #entrepreneur #mentee #startup #startups #argentina #southamerica #chile

Which Continent has the Largest Number of Entrepreneurs? Here is what we found out!

The world’s current population is estimated to be around 8.1 billion. Among this figure is a sizeable entrepreneurship population which is, according to the Cambridge Dictionary defined as: 'Someone who starts their own business, especially when this involves seeing a new opportunity.'

Whilst there are plenty of posts out there talking about entrepreneurship in individual nations, we wanted to find out more about how widespread and, perhaps, divergent entrepreneurship is worldwide.

Here is what we found out:

1) America: according to the Global Entrepreneurship Monitor, there are believed to be around 31 million entrepreneurs in America, accounting for around 16% of the total adult workforce. Not only this, but as the largest economy on the planet (GDP of over 25.5 trillion in 2022) entrepreneurs have many possible sources to turn to for venture capital / other funding.

2) South America: whilst there are believed to be many entrepreneurs, the World Bank reported in its ‘Latin American Entrepreneurs Many Firms but Little Innovation’ reported that – compared to other similar economies worldwide – Latin American entrepreneurs were noticeably less innovative in, for example, bringing new products to market as well as investing in R&D / Patent activity.

3) Europe: closely tied to America in terms of number of entrepreneurs, the European Commission reported that – as at 2021 – the EU’s business economy was made up of 31.5 million entrepreneurs. What did that breakdown look like for Member States? First was France (4.8 million), then Italy (4.5 million), followed by Spain (3.4 million) and, lastly, Germany (3.1 million).

4) Africa: According to OECD Research more than a ¼ of all African businesses were founded by women. This takes Africa in the lead worldwide for the highest proportion of women entrepreneurs. Despite this, it is thought that many African female entrepreneurs face significant hurdles to secure investment / finance into their business ideas (for example, gender bias).

5) Asia: according to the Asia Development Bank in 2020 there were believed to be over 71 million MSME’s (micro, small and medium enterprises) in Southeast Asia. Not only this, but there has been a surge in the past 3 years in entrepreneurial activity. For example, in India, total entrepreneurial activity is believed to have grown from 5.3% in 2020 to 14.4% in 2021.

6) Australia: as at June 2023 there were over 2.5 million entrepreneurs in Australia.

With all the above interesting information, it is no wonder that the global amount of entrepreneurs today is estimated to be around 582 million and we certainly hope to see this rise even higher!

To find out more about our entrepreneur start-up mentoring services for entrepreneurs between 16 and 25 years old, please visit: Young E3 Entrepreneurship Fund (yethree.com)
... See MoreSee Less

Which Continent has the Largest Number of Entrepreneurs? Here is what we found out!
 
The world’s current population is estimated to be around 8.1 billion. Among this figure is a sizeable entrepreneurship population which is, according to the Cambridge Dictionary defined as: Someone who starts their own business, especially when this involves seeing a new opportunity.

Whilst there are plenty of posts out there talking about entrepreneurship in individual nations, we wanted to find out more about how widespread and, perhaps, divergent entrepreneurship is worldwide.
 
Here is what we found out:

1) America: according to the Global Entrepreneurship Monitor, there are believed to be around 31 million entrepreneurs in America, accounting for around 16% of the total adult workforce. Not only this, but as the largest economy on the planet (GDP of over 25.5 trillion in 2022) entrepreneurs have many possible sources to turn to for venture capital / other funding.

2) South America: whilst there are believed to be many entrepreneurs, the World Bank reported in its ‘Latin American Entrepreneurs Many Firms but Little Innovation’ reported that – compared to other similar economies worldwide – Latin American entrepreneurs were noticeably less innovative in, for example, bringing new products to market as well as investing in R&D / Patent activity.

3) Europe: closely tied to America in terms of number of entrepreneurs, the European Commission reported that – as at 2021 – the EU’s business economy was made up of 31.5 million entrepreneurs. What did that breakdown look like for Member States? First was France (4.8 million), then Italy (4.5 million), followed by Spain (3.4 million) and, lastly, Germany (3.1 million).

4) Africa: According to OECD Research more than a ¼ of all African businesses were founded by women. This takes Africa in the lead worldwide for the highest proportion of women entrepreneurs. Despite this, it is thought that many African female entrepreneurs face significant hurdles to secure investment / finance into their business ideas (for example, gender bias).

5) Asia: according to the Asia Development Bank in 2020 there were believed to be over 71 million MSME’s (micro, small and medium enterprises) in Southeast Asia. Not only this, but there has been a surge in the past 3 years in entrepreneurial activity. For example, in India, total entrepreneurial activity is believed to have grown from 5.3% in 2020 to 14.4% in 2021.

6) Australia: as at June 2023 there were over 2.5 million entrepreneurs in Australia.

With all the above interesting information, it is no wonder that the global amount of entrepreneurs today is estimated to be around 582 million and we certainly hope to see this rise even higher!

To find out more about our entrepreneur start-up mentoring services for entrepreneurs between 16 and 25 years old, please visit: Young E3 Entrepreneurship Fund (yethree.com)

What Types of Characteristics Typically Make Up Founders of Start-Up Companies?

Whilst founders come in all shapes and sizes, we wanted to find out what specific personality traits / characteristics are necessary or desirable to make someone destined to be a founder of their own company.

Here are some of the trends which we have identified:

1. Risk Takers

Perhaps it goes without saying that entering into any type of business venture can carry risks, but the typical successful founder is someone who is unafraid of risk (and maybe even embraces it for the eventual reward / payout).

2. Customer-Focused

Whilst it can be the case that we sometimes like to think we know best (particularly when, as stated above, we have taken all the risks in starting a new business), ultimately the success or failure of the business will in large part depend on the positive experience of the customer. This means that the customers feedback should be at the centre of the business and drive any innovation / changes during the life of the company.

3. Delegation

Delegation is commonly referred to as an art and it can be very tempting to overly manage the business. However, as the founder, you will be focused on driving new business and so it can be better to ensure that your team is properly delegated to perform their duties independently of the founder’s role.

To find out more about our entrepreneur start-up mentoring services, please visit: Young E3 Entrepreneurship Fund (yethree.com)
... See MoreSee Less

What Types of Characteristics Typically Make Up Founders of Start-Up Companies?

Whilst founders come in all shapes and sizes, we wanted to find out what specific personality traits / characteristics are necessary or desirable to make someone destined to be a founder of their own company.

Here are some of the trends which we have identified:

1. Risk Takers

Perhaps it goes without saying that entering into any type of business venture can carry risks, but the typical successful founder is someone who is unafraid of risk (and maybe even embraces it for the eventual reward / payout).

2. Customer-Focused

Whilst it can be the case that we sometimes like to think we know best (particularly when, as stated above, we have taken all the risks in starting a new business), ultimately the success or failure of the business will in large part depend on the positive experience of the customer. This means that the customers feedback should be at the centre of the business and drive any innovation / changes during the life of the company.

3. Delegation

Delegation is commonly referred to as an art and it can be very tempting to overly manage the business. However, as the founder, you will be focused on driving new business and so it can be better to ensure that your team is properly delegated to perform their duties independently of the founder’s role.  

To find out more about our entrepreneur start-up mentoring services, please visit: Young E3 Entrepreneurship Fund (yethree.com)
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