Young entrepreneurs in the Netherlands
A growing number of young people have started setting up their own businesses. There is no age minimum for starting a business. Nowadays, more and more children see opportunities from a young age (ondernemingsplannen.nl, n.d.). In 2019, over 6500 children registered with the Dutch chamber of commerce. Compared to the previous year, this was an increase of 70 percent, (KvK, 2020). About 4/5th of the young entrepreneurs are boys. The children need to get permission from their parents. However, they do have to act according to the rules adults have to comply with as well.
A reason for the quick surge in the number of young entrepreneurs could be that children already know about computers and social media. They are growing up with the media, and some define a niche market and try to fill it. It does not come as a surprise that most young entrepreneurs start their own online shops (Ondernemen & Internet, 2021).
Some young Dutch entrepreneurs make a nice living; to others, it's only some extra pocket money, just like adult entrepreneurs. However, some of the kids have great ideas and are ambitious. One of them is Ben Woldring. Ben started a company when he was only 13 years old. For a school assignment, he created a website that compared phone providers. The way he earned money was by showing advertisements on his website. Nowadays, Woldring has made millions of euros and has a big internet company called; Bencom Group (ondernemingsplannen.nl, n.d.).
Another example is Evan, who started when he was only eight years old reviewing toys on his YouTube channel, EvanTube. His father helps him with the business. EvanTube has over 2 million followers, and he makes roughly 1.3 million dollars a year. These profits are made due to advertisements by toy companies (ondernemingsplannen.nl, n.d.).
Get in touch!
With many entrepreneurs in the country, Holland is very lively when it comes to business. There are a lot of opportunities in the Netherlands, but a loyal business partner is vital. Are you thinking of locating your business in the Netherlands? Then DMS could be your ideal partner in business! With a dedicated and experienced team, DMS has created many longstanding relationships. For over 20 years, the company has provided top-tier management services to a wide range of clients. Services include Domiciliation+, Management, Administration, and Liquidation.