Could entrepreneurship be the real cure against the side effects of Brexit?

theresa-may-jean-claude-juncker-2016

Jean-Claude Juncker, President of the EC, received Theresa May, British Prime Minister. Handshake between Theresa May, on the left, and Jean-Claude Juncker. Date: 21/10/2016 Reference: P-032756/00-03 Location: Brussels – EC/Berlaymont. © European Union , 2016 / Source: EC – Audiovisual Service / Photo: Etienne Ansotte

This article was exclusively written for the Sting by Mr Krisztian Ivan, Director of the Finance and Private Cooperation at the European Confederation of Junior Enterprises (JADE).

As Donald Tusk very clearly stated on the EPC 20th Anniversary Conference: “the only real alternative of a hard Brexit is no Brexit at all”.[1] Multiple messages suggested from the leaders of Europe that the Union would be still willing and happy to keep Britain among its members, however unlikely this scenario should be after Theresa May’s statement, namely that “Brexit means Brexit”.[2]

Whereas there is an agreement among the citizens of Europe that the “voice of the people” should be respected, we have major concerns about the voice of the youth being ignored repeatedly by decision makers. The youth clearly wants to see a united Europe. The youth understands that we are truly stronger and more successful if we are working together on mutually beneficial, win-win solutions instead of pushing our own agenda. No wonder therefore that the youth voted with a huge majority for Remain, namely with 75% among the 24 years old and younger.[3]

Every change, however painful it should be, brings a new opportunity with itself. Luckily, entrepreneurs always found a way to break down boarders and make their ideas and products available for a much larger community than the citizens of a country. They have also always found a way to lobby politicians into more beneficial regulations for international trade and business and therefore make the positive effects of globalisation available for most of the population of our planet.[4] The most effective cure against the negative effects of a possible hard Brexit therefore is to strengthen the entrepreneurial spirit and empower the entrepreneurs of the future.

Luckily, if politicians fail to live up to the expectations of the millennials in decision making, civil society still has a way to create and nurture connections in the whole European community, including Britain. Having a network without borders has a huge benefit for aspiring entrepreneurs, as it helps to understand and work with different cultures and people from different backgrounds. We at JADE are proud to work on a creation of JADE UK, our confederation in the United Kingdom, to make the benefits of the membership of a European organisation available for British students.

We believe that there are times when action is required. There are times when we must step up to build bridges to foster connections among the whole European community. This is one of those times and we are fully committed to unite the youth of Europe, Brexit or not, to co-create a better future.

[1] https://www.theguardian.com/politics/2016/oct/13/its-hard-brexit-or-no-brexit-at-all-says-eu-council-president

[2] https://www.ft.com/content/3328547a-7e3d-11e6-bc52-0c7211ef3198

[3] http://www.politico.eu/article/britains-youth-voted-remain-leave-eu-brexit-referendum-stats/

[4] https://www.imf.org/en/News/Articles/2015/09/28/04/53/sp060204

About the author

Krisztian Ivan, the author of the article, is a member of JADE – European Confederation of Junior Enterprises’ executive board as the Director of the Finance and Private Cooperation departments in which he works with companies as Simon Kucher & Partners, Microsoft or Covestro. He is an entrepreneur himself and the former Managing Director of a property management company. Originally from Hungary, he has travelled in several countries and is now studying in the United Kingdom, at University of Brighton, and doing his BsC Business Management with Economics degree.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Featured Stings

Ukraine takes EU money and runs to sign with Russia

The three sins the EU committed in 2015

Bank resolutions to remain a politically influenced affair

Eurozone: How can 200 banks find €400 billion?

Responsible Artificial Intelligence

Will Merkel ever steer the EU migration Titanic and restore her power in Germany?

A Sting Exclusive: EU Commission’s Vice President Šefčovič accentuates the importance of innovation to EU’s Energy Union

EU out to conquer African Union summit

Bundestag kick starts the next episode of the Greek tragedy

European Youth Forum and youngest MEPs call on President Juncker to keep his promise to Europe’s youth

It’s EU vs. Google for real: the time is now, the case is open

Refugee crisis update: EU fails to relocate immigrants from Greece and Italy

A Sting Exclusive: “Doing ourselves a favour”, Vice President Dombrovskis underscores that this time growth has to come from within the EU

The Swiss will pay dearly for voting out fellow Europeans

Vulnerable young people must not be blamed & stigmatised for violent radicalisation

COP21 Breaking News_10 December:#ParisAgreement: Points that remain in suspense

Light at the end of the Eurozone tunnel

Draghi tells the Parliament the ECB to use all its weaponry; euro slides to parity with the dollar

Four things Turkey did for business in the G20

The Commission tries to stop the ‘party’ with the structural funds

A shortened EU Summit admits failures, makes risky promises

The European Parliament double-checks the EU 2014-2020 budget

EU leads the torn away South Sudan to a new bloody civil war

Dutch voters reject EU-Ukraine partnership and open a new pandora’s box for the EU

Global Citizen-Volunteer Internships

Eurostat: Real unemployment double than the official rate

‘Two pack’ austerity package in force but with less vigor

Opening Remarks by H.E. Ambassador Yang Yanyi, Head of the Chinese Mission to the EU at the Chinese Fashion Night

The EU Consumer Policy on the Digital Market: A Behavioral Economics View

Drowning in the Mediterranean this summer? Many happy returns

Russia and the EU ‘trade’ natural gas supplies and commercial concessions in and out of Ukraine

MWC 2016 LIVE: Telenor CEO calls on operators to embrace Mobile Connect initiative

European Youth Forum welcomes establishment of new Youth Intergroup in the European Parliament

An Easter Special: Social protection of migrants in Europe as seen through the eyes of European youth

France fails again the exams. Kindly requested to sit in on Commission’s class

Brussels to tear down the trade wall with Mexico as opposed to Trump’s “walls”

Five-year low inflation for Eurozone and now Mario has to finally wake up the Germans

Greece lost a month that cannot be found neither in “mini Summits” nor in Berlin

EU Commission indifferent on Court of Auditors’ recommendations

Long live Eurozone’s bank supervisor down with the EU budget supremo

On Youth Participation: Are we active citizens?

Germany and OSCE support an east-west dialogue in Ukraine without exclusions

Scotland and First Minister Salmond enter the most challenging battlefield for independence: Europe

Banks suffocate the real economy by denying loans

The US repelled EU proposals on common rules for banks

IMF: Sorry Greece, Ireland, Portugal we were wrong!

Eurozone guarantees all banks with…taxpayers’ money

Greece did it again

Everybody against Japan over yen’s devaluation

EU finally agrees on target for 40% greenhouse emission cuts ahead of Paris climate talks

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s