Your Personnal Advice for Young Entrepreneur

I was just wondering what everyones own advice for a young enrepreneur would be. Either from personnal experience or things you have heard through the grape vine. Anything.

 

1. Listen to what successful people say. They are often successful for a common reason they have drive and ability.

2. Try and hang around people who have made it big. What I mean by that is not someone who is famous but some one who has made a business work. They got there because they know how; it is as simple as that.

3. And most important. Ask questions. Make sure you understand how a business works and how it is has succeeded.


IMO - Think of where you want to be. Be it owning a store of investing it doesn't matter. Just focus on it and take all necessary steps to get there. Often if you can make one business work you can make another and another and ……. You get it.

Good luck, I hope you do well.

 

I have been working online since I was 15 years old, and that was 7 years ago, and during this time I have hade my ups and downs. And the reason I still work with this is because I have never given up, even if I lost alot of money on projects that did not go well.

So my advice: NEVER give up! I think that is one of the keys to success!

//Andreas

 

You say enrepreneur but advice would be better given if we knew what your intent was, apart from being successful and earning a lot of money.

You could be looking to start a company/business/invention or buying/developing/selling/building websites or focus on adsense or...

Every no/knock back/failure is a step closer to your success, so don't be afraid to take some hits along the way.

 

Ok, I guess just to make the topic even more specific what specific skills helped you the most?

 

Social Networking

This is absolutely crucial to being successful on or offline. Make the right friends and contacts and you have an enormous advantage over most everyone out there.

Forums like this are a great place to start establishing yourself, but things like relevant trade-shows, creating a really good blog, press releases, etc., will help you get noticed and a establish a name for yourself.

 

My rapport with people, and friend-network helped me build my site backing of quality-members who just kept doign the snowball effect till now where we're a medium-sized board of about 2100 members.

 

You will succeed.
How do I know? Just from seeing your excitement. You're eager to succeed.
Best of Luck!

 

Hi,
If you are young like me (am 16), listen to me and regard yourselves as an Individual until you venture into your first deal.
Learn what your country offers for young people like you and where you can work still abiding by the laws.
Take advice from other people, but donot, I repeat, DONOT be a copy cat, learn to find a niche market and work on it!
If you plan to start a website, work hard till you make it big, if its some sale office, work till you have reached above your expectations!
Never consider your competitor as a weakling, he may pose as a stupid butr at the same time ruin your business, so be competitive but keep it healthy.
Always do your homework, never leave anything for tomorrow, research, research and research!
Google,Yahoo and MSN are the 3 budds that will be with you always, make good use of them!
Try and learn the trade secrets, join business forums! Don't ridicule people and don't get rediculed by people!
Keep your calm and tread along
Abhishek

 

There are many challenges that you will meet while trying to be a succesful young entrepreneur. But despite of the hardships, always put in mind that being patient and resourceful in engaging in a business could really help you a lot. First of all, you should know what's your objective or goal in having a business. This would be your driving force or could I say your direction.You should also consider many factors like who will be your target customer or client?How much money or capital should you spend? The location of your business and many others. You can also seek advice from the successful entrepreneur because they have many experiences that you could use as your strategy in building a successful business.

 

Just get on with it and don't be afraid to fuck up.

The fuck ups (in my opinion) are the most valuable source of experience.

Start right this minute while you're young and there isn't anyone depending upon you and you have little commitments.

Pete

 

Take Action. Simple as that. Without action you don't gain experience. You don't fail or succeed.

 

I totally agree with Yaro.
Definately need to go for it and give it a try.

 

Don't call yourself an entrepreneur until you are one. It's not just someone running a business. You'll look like a muppet if you call yourself one but aren't one and all that credibility you need to become one will be gone.

 

Although I am a young entrepreneur but in my opinion for being successful you need three qualities and these are

1. Desire to Grow
2. Passion for success
3. Comitment to work

and beside these three, your attitude towards work makes you successful.

 

I heard this once when I was younger(16ish) and its been the one thing I think about whenever I am stuck or something doesn't work. Being young can be a great advantage. You can take some risks now that you might not be able to take in the future.

Do something you like and can dedicate lots of time to. Always remember, time IS money. Even if its you're own time.