Vanshika Mehta launched Vanshika Mehta Photography in 2010, during her gap year, before she heads to Northeastern University in Boston in September to study accounting. Ms Mehta, from India, who lives in the Green Community in Dubai with her parents, does not want to reveal her age because she fears it will stop clients from hiring her.
Why did you decide to set up your own business?
My dad takes photographs at concerts as a hobby and I've been going to events with him for the past five years. I enjoyed it so much, I decided to set up my photography business during my gap year to learn a bit about the business side of things and see what it's like to run my own company. The best part about my job is that it's very light - it's not nine to five - it's fun and I enjoy it.
How do your parents view your decision to run a business?
They were a bit sceptical in the beginning because I'm a girl and the work involves late nights. But after a while, they were OK with it. I plan to continue taking on work in Boston because it will be extra pocket money.
How many events have you covered?
I've covered about 20 events and I charge between Dh1,000 and Dh2,000 per job. I market my company through Facebook and my first paid assignment was covering an after-party for an Emirati film. I cover some events for free in exchange for having my logo on the promotional material, but I don't think it's really fair as I have to do so much work behind the scenes to bring those photos out.
Do you struggle to get work because of your age?
I never tell people how old I am because when people know my age they think I'm just a kid and don't take me seriously or pay me properly. As far as I am concerned, a job is a job and that's the way it should be irrespective of my age. Sometimes, when I am setting up a job, I need someone with an older voice to step in to ensure clients listen to me so a friend helps me out. And I have had trouble getting into events because the bouncers on the door question why I am there or who hired me, which can be embarrassing.
How do you spend your earnings?
In Indian tradition, you give your first earning back to your parents to say thank you for everything they've done for you. So after my first two paid events, I gave it to my parents and my mum went out and bought something for herself, which she was very happy about. For myself, I've bought a new handbag and sunglasses and I'm now planning to buy some Christian Louboutin shoes - they are my dream.
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
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The specs
Engine: 5.2-litre V10
Power: 640hp at 8,000rpm
Torque: 565Nm at 6,500rpm
Transmission: 7-speed dual-clutch auto
Price: From Dh1 million
On sale: Q3 or Q4 2022
UJDA CHAMAN
Produced: Panorama Studios International
Directed: Abhishek Pathak
Cast: Sunny Singh, Maanvi Gagroo, Grusha Kapoor, Saurabh Shukla
Rating: 3.5 /5 stars
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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Company%20Profile
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Where can I submit a sample?
Volunteers can now submit DNA samples at a number of centres across Abu Dhabi. The programme is open to all ages.
Collection centres in Abu Dhabi include:
- Abu Dhabi National Exhibition Centre (ADNEC)
- Biogenix Labs in Masdar City
- Al Towayya in Al Ain
- NMC Royal Hospital in Khalifa City
- Bareen International Hospital
- NMC Specialty Hospital, Al Ain
- NMC Royal Medical Centre - Abu Dhabi
- NMC Royal Women’s Hospital.
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
Race 3
Produced: Salman Khan Films and Tips Films
Director: Remo D’Souza
Cast: Salman Khan, Anil Kapoor, Jacqueline Fernandez, Bobby Deol, Daisy Shah, Saqib Salem
Rating: 2.5 stars
Profile of Bitex UAE
Date of launch: November 2018
Founder: Monark Modi
Based: Business Bay, Dubai
Sector: Financial services
Size: Eight employees
Investors: Self-funded to date with $1m of personal savings
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”