Six out of 10 young people currently working want to start their own businesses, while 66 percent also said they could be successful within one year, according to the results of a survey unveiled Saturday.
The survey, conducted by www.9999.com.tw -- an online human resources company -- between Oct. 11-26 among respondents aged under 28 via e-mail, sent out 20,000 questionnaires and collected 8,363 effective samples with a margin of error of 1.07 percent.
Thanks to the economic recovery, 18.7 percent said they are ready to start their own businesses, while 41.4 percent said they are mulling the idea, showing that 60 percent of the respondents want to be their own boss, up 6 percentage points from the previous year.
The reasons most cited for wanting their own business is "to make a fortune" (55.6 percent) , followed by "do things one is interested in" (44.1 percent), and "have the technical skills or specialties to start own business" (38.1 percent).
In order to "do things one is interested in," 19.1 percent of the polled said that they would accept a net profit of less than NT$100,000 (US$2,990) a month, while 3.7 percent said they would be happy "as long as they are earning money."
The survey also found that the respondents are most afraid of four things when starting their own businesses: patrons do not like their service; earning are not coming in a stable way; insufficient business information; and poor location.
Asked how long they expect to take to be successful, the answer of between six months and one year accounted for the most at 36.5 percent, followed by three months to six months (24.2 percent). 5.6 percent predicted with confidence that they could reach their goal in three months, according to the survey results.
The Central Weather Administration (CWA) today issued a sea warning for Typhoon Fung-wong effective from 5:30pm, while local governments canceled school and work for tomorrow. A land warning is expected to be issued tomorrow morning before it is expected to make landfall on Wednesday, the agency said. Taoyuan, and well as Yilan, Hualien and Penghu counties canceled work and school for tomorrow, as well as mountainous district of Taipei and New Taipei City. For updated information on closures, please visit the Directorate-General of Personnel Administration Web site. As of 5pm today, Fung-wong was about 490km south-southwest of Oluanpi (鵝鑾鼻), Taiwan's southernmost point.
Almost a quarter of volunteer soldiers who signed up from 2021 to last year have sought early discharge, the Legislative Yuan’s Budget Center said in a report. The report said that 12,884 of 52,674 people who volunteered in the period had sought an early exit from the military, returning NT$895.96 million (US$28.86 million) to the government. In 2021, there was a 105.34 percent rise in the volunteer recruitment rate, but the number has steadily declined since then, missing recruitment targets, the Chinese-language United Daily News said, citing the report. In 2021, only 521 volunteers dropped out of the military, the report said, citing
A magnitude 5.3 earthquake struck Kaohsiung at 1pm today, the Central Weather Administration said. The epicenter was in Jiasian District (甲仙), 72.1km north-northeast of Kaohsiung City Hall, at a depth of 7.8km, agency data showed. There were no immediate reports of damage. The earthquake's intensity, which gauges the actual effects of a temblor, was highest in Kaohsiung and Tainan, where it measured a 4 on Taiwan's seven-tier intensity scale. It also measured a 3 in parts of Chiayi City, as well as Pingtung, Yunlin and Hualien counties, data showed.
Nearly 5 million people have signed up to receive the government’s NT$10,000 (US$322) universal cash handout since registration opened on Wednesday last week, with deposits expected to begin tomorrow, the Ministry of Finance said yesterday. After a staggered sign-up last week — based on the final digit of the applicant’s national ID or Alien Resident Certificate number — online registration is open to all eligible Taiwanese nationals, foreign permanent residents and spouses of Taiwanese nationals. Banks are expected to start issuing deposits from 6pm today, the ministry said. Those who completed registration by yesterday are expected to receive their NT$10,000 tomorrow, National Treasury
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