Monday, September 26, 2011

Tips for Success for Young Entrepreneurs

Many of us seem to be born with entrepreneurial spirit - that desire to start up our own businesses and make money by doing what we love to do. Unfortunately, that entrepreneurial spirit is often killed off by our educational system, which trains us to become EMPLOYEES and not ENTREPRENEURS. If you're a young man or woman who's hesitating about becoming an entrepreneur because of fear of failure or being looked down on by society, stop for a moment and reflect on these tips for success that may help you get back in touch with your entrepreneurial spirit.

Follow your passion

The most basic thing you need to know about becoming an entrepreneur is that you should do what you love to do. No matter how diligently you work on your business, you'll get burned out if you aren't passionate about what you do. Think about what you love to do best, and work on turning that into a business.

Keep learning

There's much you need to learn about the world of business, so maintain an open mind when it comes to new ventures and skills to learn. Keep studying even when you're out of school, and don't forget to read your business books and browse the internet to gather valuable information.
Find a mentor

While you are fully capable of studying and seeking out various tips for success in your business on your own, nothing beats having a mentor to help you get into the nitty-gritty of starting up your own business. Find an experienced entrepreneur who has been successful in the field you want to get into for several years, and ask if he or she is willing to take you on as an apprentice.

Be resourceful

As a young entrepreneur, you may not have a lot of resources or assets available to you. One of the essential tips for success in entrepreneurship is to make good use of what you have. You can look for people with skills that you can use within your social networks - maybe you have a friend who can design your logo for you, or an acquaintance you can convince to help you develop your website. And don't be ashamed to turn to your family for support and resources!

Be organized

One of the key skills you need to learn as an entrepreneur is to manage your time wisely. There are a lot of things that you need to accomplish in order to get your business up and running, but you have to make sure to give yourself some time to enjoy yourself, too! Have a to-do list or a detailed calendar of activities per week so that you know what you have to do before you head out to party with your friends or take a vacation with your family.

I am a happily married man of a wonderful woman for 20 years, and a father of three lovely girls. I teach people how to bring happiness health and wealth to their own lives, and offer excellent Tips for success for aspiring entrepreneurs.

0 comments: