Young entrepreneurship has become more popular in recent years as young people take their own initiatives to solve the world's problems. While it provides exciting opportunities, it also presents some unique challenges that can be difficult to overcome. Young entrepreneurs must think carefully about their businesses, how they will fund them, and the industry they are entering into. They need to understand legal issues and have the tenacity to complete projects on time and within budget. Many countries of the world are looking at their youth population to accelerate the economic growth of their country; it is India which should lead from the front, since India has the highest population of youth having spirit and motivation to excel. New generation entrepreneurs will play a vital role for the future prosperity of any economy. At this juncture, it is high time that we study the Opportunities and Challenges to Young Entrepreneurs and Highlight the Opportunities available to Youngsters and Challenges ahead so that they take their steps forward with confidence, commitment to succeed and march forward to make India number one in the world.