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Are risk-averse parents stifling young entrepreneurs?

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It makes for worrying reading. Over half of the 16-34 year-olds questions by Make Your Mark said that they were activiely discouraged from entrepreneurial behaviour by their parents. Has this always been the case? Or have concerned parents clamped down on risk-taking since the recession?

These young entrepreneurs had a variety of reactions from their parents when they decided to launch their startups.

Heather Wilkinson launched networking business Striding Out in 2005. Aimed at young entrepreneurs like herself, Wilkinson chose to focus on the need for advice and support that she found was lacking when she founded her first startup at 16.

When Wilkinson set up make-up business Just Blush, while still at school, her parents were "horrified" by her decision. Striding Out provides events, training and mentoring services for young entrepreneurs in the same position.

Conversely, Calypso Rose, founder of Clippykit, had full support from her family when she launched her business, including financial backing. "My parents lent me £2,000 to get 250 bags made, and I sold them all within about three weeks," she says.

Clippykit manufactures see-through, pocketed bags. The range now includes 30 different products, sold in designer department stores. Rose notched up a turnover of £180,000 in her first year.

Did you have parental support when you started your business? Did it make a difference? Add your comment below.

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