How to Become a Teen Entrepreneur
If you're a teen who wants to be in business for yourself, or if you've had dreams of changing the world (and making millions while doing so), you are not alone. Some of the most successful individuals in business today began as teen entrepreneurs, and you can too. Yes, the world of entrepreneurship can be quite challenging at times, but it can also be very rewarding and all it takes to become a teen entrepreneur is a determination – and a plan.
It isn't always easy coming up with the right idea to propel your dream forward, but with a little help, you will be able to create a path that you can follow to attain your desires. It doesn't even matter what business you decide to go into, if you set down your goals and follow through, you will meet with success. In this article, we are going to look at some ways to get you started on your entrepreneurial journey.
So, here are some tips to help you become a teen entrepreneur
Adopt a Success Mindset
Ever heard the phrase 'If you believe it, you will achieve it'? Well, it's true. Everything you see around you (including every successful business) was first a thought before it could become a thing. This means that your own success begins in your mind. Adopting the right attitude is going to be the major determining factor in how successful you are with your business. So start conditioning your mind to success and believe that you will achieve everything that you set out to do. Check Our Resources for a list of recommended books you must read.
Get Yourself a Mentor
Trying to become a teen entrepreneur can be a daunting experience, and there could be some tough decisions that you have to make or difficult questions that you may not have the experience to answer. That's why it's a great idea to find someone who has already been there and done that to mentor you. Don't be afraid to ask, most successful business people love to share their wisdom and they will be happy to help you.
Get Help From the Right Sources
Yes, you need advice and guidance, but sometimes teens ask for it from all the wrong people. If you had a toothache, would you go to the baker to get help? No. Similarly, don't go to your parents to ask about what you should do concerning your business (unless that's what they do...)
Your parents, friends, and family love you and will often offer sage advice regarding other aspects of your life, but when it comes to your business, they may offer bad advice or try to get you to avoid taking risks and doing what's necessary to get to where you want to be. If it has to do with your business, then get advice from someone who knows about business.
Avoid the Herd Mentality at ALL Costs!
A lot of young people just do what everyone else is doing, they want to fit in. – and that's why they are never going to be entrepreneurs. If you want to succeed and become a teen entrepreneur, then you need to go the other direction. Most people spend their teenage years in school, getting ready to spend the rest of their lives working for someone else.
If you're going to join the few that are at the leading edge, then you just can't do what the rest of the people are doing, which is lazing about, playing video games, spending all day on Facebook, partying on weekends, and so on. If you do what everyone else is doing, you'll end up where everyone else is going.
Learn Smart Money Management
If you're not very good at managing money, then this is the perfect time to start learning. Whether you're starting your business with $50, $500, or five thousand, it's vital that you use your money wisely as you go. Frivolous spending will only lead to problems with cash flow later on. So be very careful otherwise, you risk having to go without some of the more important things because you spent money on unnecessary stuff.
Follow Your Passion
When Joseph Campbell said 'Follow your bliss', we're not sure he was talking about business, but that certainly applies here. Don't focus on industries with high demand (unless that's where you passion lies). Instead, look at what you love to do.
There are many ways of monetizing your passion and being able to do something that you love is a huge component to your success. It also helps during those times when you're just starting out or when things are hard because you'll be more likely to keep working on your business even if only for the fact that you're enjoying what you're doing.
Ideas for you!
These are a few simple steps that you can follow to get you started on the road to becoming a successful teen entrepreneur. If you need more guidance or advice, we can help. Just get in touch with us for resources and tools to support you as you begin to plan your success.
Still not sure what you'd like to do? Take a look at some of these ideas that other young entrepreneurs have used to grow wildly successful businesses. Maybe one of them will help you spark some great ideas of your own:
1. Online Marketer
2. Custom Crafts Creator
3. Automotive Detailer
4. Beauty Product Producer
5. Technology Wiz
6. Senior Errand Service
7. Garage Cleaning and Organizing Service
8. Haul-Away Service
9. Small Engine Repair Service
10. Yard Service & Landscaping / Gardening
11. Social Media Consulting
12. Candle Making
14. Jewelry Making
15. Web Design Service
16. Blogging via YouTube or Be an Instagram Influencer
Young people today inherently know that building their own business and working for themselves beats working for 'the man'. If you are a teen reading this article, and you have got this far, then you're already miles ahead of the 90 percent of others your age. In fact, you're ahead of most people of any age!
But, it's important that you understand that it's not about inventing a flying car, or thinking up some app that no one can live without, or solving the world's biggest problems. Simple ideas can net big results. And while you may feel that you don't have the knowledge you need right now, the most important thing is just getting started (even if it's just doing some research).
You may not make millions with your first idea, but it will get you on the right path, mentally, and that will lead to other, more successful ideas. So don't delay and don't let your age hold you back. Make a decision to get started today. While you may experience some hardships, challenges, or setbacks during your quest to become a teen entrepreneur, if you persevere, your success in time is guaranteed. If you want a fast start, then contact us. We're happy to help!