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Entrepreneurship could be the key to teen unemployment

If you've spent the better part of the summer being turned away by employers because the best-paying jobs are taken or you don't fit the position's requirements, then why not consider launching your own business?

From mowing lawns to selling crafts on Etsy, there are plenty of business opportunities for teens. Grass and DIY not your thing? Other inventive small business ideas can be found here are here.

For teens looking to make the more into entrepreneurship, the Wall Street Journal's Sue Shellenbarger offers the following tips here in her column, :

  • Find and fill an unmet need
  • Look for a low-cost niche
  • Find something you love
  • Expect setbacks

As worldwide unemployment numbers continue to rise, and the job market becomes more and more competitive, the entrepreneurial path can be a viable option for students, especially with national programs in place to help teens like Summer Company and Junior Achievement.

How to make a mascot

With the London 2012 Olympics just around the corner, we're certainly going to be seeing a lot more of Wenlock and Mandeville, the official mascots of the games. The two are animations depicting two drops of steel from a steelworks in Bolton.

If you've ever wondered how mascots are made, tour the studios of AvantGarb Inc. in Indianapolis. The company has five full-time employees and produces more than 50 mascot costumes a year.

EVENTS AND KEY DATES

SAP Startup Forum

SAP Canada is holding its second startup forum in Waterloo on July 11. The first event was held in Silicon Valley last month. Startups will exhibit, talk with other start-ups, present, have a bit of friendly competition with fake-seed money, and have the opportunity to win a spot in the DA Program. For more details, click here.

Institute of Entrepreneurs: Building the Future of Business

The six-day training course takes place from July 23-28 at a cost of $835. Joined by professor Bruce Firestone, entrepreneurs will get help refining business models and receive advice on scaling their businesses.

EDITOR'S PICKS FROM REPORT ON SMALL BUSINESS

Video: From Oreos to Pop Tarts, vendors deep fry 'almost anything'

In this month's edition of Inside Jobs, filmed at the Calgary Stampede, Suzanne Poudrier explains why she and her husband Perry, an accountant and professional cook, opened the Pennsylvania Dutch Funnel Cakes food trailer and discusses the challenges of operating in such a competitive industry

FROM THE ROSB ARCHIVES

Meet the Canadian who invented the modern-day battery

It was the invention of the zinc manganese dioxide alkaline battery by Canadian-born scientist Lewis Urry in 1959 that remains one of the most significant advancements in the battery's history

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