During the global recession, Millennials were among the most affected groups. However, after the recession, they rose with great ideas that have revolutionized many industries. According to the U.S. Chamber of Commerce 2011 report, young people born between 1980 and 2000 established over 160,000 new enterprises a month. Given that 27 percent of the millennial are self-employed, it is evident that they have reshaped many industries.
One rising star that has attracted attention from all over the world is Sawyer Howitt. The 17-year-old high school graduate has demonstrated unmatched skills in the financial sector. His ideas about customer-brand interactions have stood unique across the globe.
According to Howitt, starting a business today is easier than it was before. Today, getting investors or small-business loans is easier. Moreover, commercial spaces are being leased at short-term basis making them more affordable to the youth. He also advises that combining workplace and living space could be a beneficial option of saving money. Before setting up a shop, one should consider access to funding, economy, the potential for networking, the age of the population, and access to high-speed broadband, Sawyer advises.
Where to Open a Shop
Sawyer Howitt has identified eight cities in which one could open a store and reap lots of profits. San Francisco, Austin, Salt Lake City, Palo Alto, Denver, Yorba Linda, Minneapolis, and Santa Monica. According to Sawyer, these cities hold a lot of potential owing to several factors including high literacy rates, ease of accessing loans, low unemployment rates, high purchasing power and number of colleges.
About Sawyer Howitt
Sawyer Howitt is a 17-year-old entrepreneur with a unique understanding of financial operations. The Lincoln High School graduate serves as the project manager at his father’s firm, Meriwether Group. Currently, he is developing strategies through, which businesses can quickly adapt to technological changes.
At his young age, Sawyer has been involved in several philanthropic activities. He is a fierce advocate for women rights and supporting programs that empower the youth. He is also armed with vast skills in presentations, minute taking, and complex spreadsheets.
For more, check https://www.pinterest.com/sawyerhowitt/.