Recession = Good News for Tweens & Teens?

April 2, 2009 at 10:51 am 2 comments


At least according to this UK Telegraph story, the recession might be a great opportunity and change of pace for maturing tweens and teens everywhere.  

“I think this recession is a good thing,” says Lee Ambrose-Brunskill, mother of 15-year-old Brandon. “People have had a wake-up call – children used to be given absolutely everything.”

With their disposable incomes drying up and fewer handouts from their parents, teens are turning into entrepreneurs as they generate revenue streams to find the flexible cash they crave.  

OneSeventeen Media’s co-founders are all entrepreneurs themselves, and our team loves the idea of an an entrepreneurial wakening among youth.  The world’s best ideas come from the type of innovative thinking required for successful entrepreneurs.  I can’t think of any paradigm-shifting ideas that arose from “thinking inside the box.”

(Image by Clara Molden and found on the Telegraph website here)

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Entry filed under: Attitude, Business, Kids, News, OneSeventeen Media, Opportunities, Youth. Tags: , , , , , , , .

Teen Tackles Transportation and Triumphs Youth Bored With Current Social Networks

2 Comments Add your own

  • 1. Beth Carls  |  April 2, 2009 at 11:33 am

    Did you know that some of the most successful businesses we know today were born during a recession? Names you would recognize: Hyatt, Burger King, IHOP, Jim Henson Company, LexisNexis, FedEx, Microsoft, CNN, MTV Networks, Trader Joe’s, Wikipedia Foundation, Sports Illustrated, GE and HP.

    I’m looking forward to seeing our budding young entrepreneurs of today start hugely successful businesses of tomorrow that focus on creating social benefit for our global community.

  • 2. Maria Elena  |  August 14, 2009 at 11:41 pm

    From a teen’s perspective, I agree with you that many good things can come out of the recession and that it can have a positive impact on some teens who are given everything without having to work for it. However, I think that a lot of teens are unaware of how the recession is affecting their family and their lifestyle. I write for a parenting blog called Radical Parenting where teens write about issues, such as the recession, from our point of view. Another intern wrote about how the recession is affecting teens, here’s the link:


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