Two of the initiative's proponents make the case for why it pays to encourage entrepreneurship among young people around the globe
Adam Farrell founded a solar technology business when he was just 15 years old. His entrepreneurial career started in ninth grade while working on a science project designing a solar-powered house.Surprised by the costs of the photovoltaic technology his team needed, Farrell realized there was an untapped market for smaller cells.Farrell has since expanded his business, Silicon Solar, turning it into a major research and development firm and one of the largest suppliers of solar energy technology in the world.
Elon Musk, one of the key founders of PayPal (EBAY), made hundreds of millions of dollars in his early 20s. Not satisfied with mere riches, Musk decided to aim for immortality by going on to start Tesla Motors, the sexy electric car startup, and Space Exploration Technologies, one of the most advanced private sector efforts to date to create a cheap and accessible space launch capability.