The majority of young Taiwanese remain interested in running their own business as a career option, according to an annual survey by 1111 Job Bank, with the results similar to last year’s findings.
The poll found that more than 76 percent of young Taiwanese have either already started their own business or would like to do so, a slight increase from 75 percent last year.
The food industry was the most popular choice, with nearly 91 percent of respondents who indicated they wanted to run their own business saying that they are interested in selling street food or local dishes, while 20 percent said they want to open a restaurant or dessert shop, and nearly 18 percent showed interest in a brunch cafe.
However, while most young Taiwanese find entrepreneurship an attractive option, only a small percentage are actually in business (4.46 percent), have tried it before (3.18 percent), or are about to do so (7 percent), the poll showed.
The survey found that 61.46 percent of those interested in starting their own business have not yet put their ideas into action, while 60 percent who have tried failed to turn a profit.
In terms of start-up investment, young Taiwanese have put an average of NT$633,500 into their own business, with 78 percent raising their own funds, while 24 percent were funded by family and friends, and 27 percent took out loans from the Small and Medium Enterprise Administration, the poll found.
Most young people are interested in entrepreneurship because they think it will bring self-satisfaction and a higher-than-average income, it showed.
The survey found that 55.6 percent of young Taiwanese who run a successful business earn an average of just more than NT$50,000 per month.
Entrepreneurship is a popular idea among new graduates in Taiwan, because they are unlikely to earn more than NT$31,103 per month in a regular job, 1111 Job Bank vice president Ho Chi-sheng (何啟聖) said.
POLAM KOPITIAM CASE: Of the two people still in hospital, one has undergone a liver transplant and is improving, while the other is being evaluated for a liver transplant A fourth person has died from bongkrek acid poisoning linked to the Polam Kopitiam (寶林茶室) restaurant in Taipei’s Far Eastern Sogo Xinyi A13 Department Store, the Ministry of Health and Welfare said yesterday, as two other people remain seriously ill in hospital. The first death was reported on March 24. The man had been 39 years old and had eaten at the restaurant on March 22. As more cases of suspected food poisoning involving people who had eaten at the restaurant were reported by hospitals on March 26, the ministry and the Taipei Department of Health launched an investigation. The Food and
The long-awaited Taichung aquarium is expected to open next year after more than a decade of development. The building in Cingshui District (清水) is to feature a large ocean aquarium on the first floor, coral display area on the second floor, a jellyfish tank and Dajia River (大甲溪) basin display on the third, a river estuary display and restaurant on the fourth, and a cafe and garden on the fifth. As it is near Wuci Fishing Port (梧棲漁港), many are expecting the opening of the aquarium to bring more tourism to the harbor. Speaking at the city council on Monday, Taichung City Councilor
A fourth person has died in a food poisoning outbreak linked to the Xinyi (信義) branch of Malaysian restaurant chain Polam Kopitiam (寶林茶室) in Taipei, Deputy Minister of Health and Welfare Victor Wang (王必勝) said on Monday. It was the second fatality in three days, after another was announced on Saturday. The 40-year-old woman experienced multiple organ failure in the early hours on Monday, and the family decided not to undergo emergency resuscitation, Wang said. She initially showed signs of improvement after seeking medical treatment for nausea, vomiting and diarrhea, but her condition worsened due to an infection, he said. Two others who
Taiwanese should be mindful when visiting China, as Beijing in July is likely to tighten the implementation of policies on national security following the introduction of two regulations, a researcher said on Saturday. China on Friday unveiled the regulations governing the law enforcement and judicial activities of national security agencies. They would help crack down on “illegal” and “criminal” activities that Beijing considers to be endangering national security, according to reports by China’s state media. The definition of what constitutes a national security threat in China is vague, Taiwan Thinktank researcher Wu Se-chih (吳瑟致) said. The two procedural regulations are to provide Chinese