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Gen Z is one of the most entrepreneurial generations in history. More than half of Gen Zers who participated in a recent EY study said they hoped to own their own business in the next 10 years. However, as every seasoned entrepreneur knows, starting your own company comes with significant risk  ̶  especially for those who invest their own savings, take on debt, or raise capital by selling equity.

More from College Voices:
Generation Hustle: Young entrepreneurs got creative during the pandemic
How college students are turning hobbies into side hustles — and extra cash
How to launch a start-up while you’re still in college

I spoke with three experienced entrepreneurs — Javier Saade, a former Small Business Administration official; Beatriz Acevedo, the CEO and co-founder of Suma Wealth, a wealth-building digital platform for the Latinx Community; and Jenny Poon, the founder of co-working space

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