Self Employ Among Undergraduate Students

In: Business and Management

Submitted By tiyochan
Words 6365
Pages 26
EXECUTIVE SUMMARY

In the 21st century, entrepreneurship becomes a new trend. Many universities and colleges offer entrepreneurship as a major. Due to government’s incentives, self-employment rate among the Malaysian undergraduates has gradually increased over the years. This study intends to examine the entrepreneurial intention among Malaysian undergraduates.

Based on previous study, 99.9 percent of all businesses in the United States are small businesses, with three‐fourths representing the self‐employed, self-employed has become leading components of our economy (2006). Entrepreneurs would also be considered as job creators since they need to hire employees working for their businesses. Young undergraduate could choose self-employment as their occupation due to financially affluent background. By using the advantage of lax security and tax system for self-employed, undergraduate could decide to open their own illegitimate business or to earn more profit by avoiding tax charge.

In this research, we study the scope of undergraduate students who run their own business. The main aspects that will be examined is how they run their business, what motivates them to do so, how they cope with balance of studies and business through interviewing. This study draws its concepts and findings primarily from interviews with 7 purposive respondents who are currently self-employed full time students.

Based on the results of the study, the family background is quite influential to who you are. According to our findings, there are 10 elements: communication skill, time management skill, marketing skill, persuading skill, creative and innovative, teamwork, reputation, self-disciplined, passionate in attitude and actions, and honesty. In order to start a business the respondents need to have capital which come from their own saving, investor, or family support. Half of…...

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