Business Tools

Young Entrepreneurs Learn What It Takes to Launch a Startup

What does it take to successfully launch a startup? If you ask someone who’s done it, they’ll tell you at some point during the conversation about the people who helped them along the way. The process of moving a concept to a fully functioning business can be daunting for young entrepreneurs whose resources may be limited, and it’s nearly impossible to accomplish alone.

SEMA’s Young Executives Network (YEN) considered this issue when developing the Launch Pad competition, a platform for up-and-coming entrepreneurs that was offered for the third time in 2015. It complements the association’s emphasis on developing a new generation of automotive industry leaders (as members of YEN, all of the competitors are under the age of 40).