Remember MySpace, that pre-Twitter, pre-Facebook social networking hub that gathered millions of teens and young adults, enabling them to share their music, videos and photos in a way the world had never seen, all while posting lifestyle updates to let their friends and loved ones know what they were doing?
That recent past may be a precursor to a new entrepreneurial future for many technologically savvy teens.MySpace was never intended for business. It was designed for teenagers and young adults to give them a place to do what they do best – socialize.
While MySpace was still in diapers, YouTube and Facebook exploded onto the scene, establishing themselves with instant popularity, both becoming household names, nearly overnight.
This new model has given today’s young entrepreneurs an excellent example to follow. The Internet is encouraging young entrepreneurs to follow their dreams like never before, and the rapid growth of technology is providing them with the tools they need to render yesterday’s impossible into tomorrow’s reality.
Many intelligent teen, sharing a similar entrepreneurial spirit, have been building their own web based communities. Skilled programmers using open source tools, are able to customize code, create their own infrastructure, then circulate that code among their peer groups.
This emerging trend is big in the US, but it’s even bigger in Europe. So many web savvy teens gathered in pursuit of higher purpose begs the question – not just whether one of these young entrepreneurs will build the next big MySpace, Facebook or Twitter, but what they are going to do with it once it gets here.
