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					Hot Tips on Being a Young Entrepreneur

One good thing about being young is the opportunity of exploring beyond
your boundaries with a good excuse of “because we’re young”. And this is
what makes young entrepreneurship fun and ideal.

A big advantage that teenagers have is less responsibilities and more
time to waste. Unlike adults who are stretching their 24-hour life
thinking on how to make a living. Although the risk would be immense with
lack of experience and knowledge, a teenager can start with what he
knows…being young.

New entrepreneurs aging 16-21 are showing more vitality and perseverance
to engage in a profitable market industry. Growing adolescent minds
develop as fast as mobile companies introduce new breed of mobile phones.
An ideal teenager can earn as much as $50 a day. Now, are you paying

Think Young

Majority of our population is composed of teenagers with curious mind.
Introducing a new line of clothing that looks like a blast from the past
would not catch their attention. When you think of putting up a business
intended for the youth like yourself, is should coincide with their
heart’s desire. Look at the path where they trod.

Extract it From Reality

Practical people always go for what they need instead of buying what they
want. Recognize the difference? Something you want wouldn’t turn out as
something you need. You would want apple juice to quench your thirst but
all you need is water. Yet something you need would always be something
you want. Pacify the masses with what’s essential.

But don’t settle to what is traditional and basic. Instead, add up to
what’s already there. Invent. Awake you innovative mind. Improvise. Water
would always be water. But when you mix minerals and electrolytes, wham!
an energy drink is born.

Be a Techie

Information before is wired up to a tube. But now, it flies with the
wind. Computer technology is becoming a must among everyone. It has
successfully improved the lifestyle of business establishments, big or
small. If you try to dig into the internet, billions of advertisements
flood your screen. Why not clicking on one of them? You never know when
it might interest you.

Count Your Savings

A penny for your thoughts? Nah, keep your thoughts, I’ll keep my penny.
Putting up a business is a tough deal especially when you don’t have the
appropriate amount of money to fund it. But where would a kid like you
get it when your piggy bank has been used up? If you’re 13, talk
convincingly to your parents or your close relatives and try to make them
understand that you are old enough to run your own business and don’t let
them think that you’ll just use the money for a video game.

If you’re 16, you could borrow it from your friends or significant
someone. The moment you turn 18, more opportunities to borrow money or
capital would come through. Business firms allowing enthusiasts to
accumulate a certain kind of amount plus interest. Lending companies as
we call them. With determination, you could see your money rolling.

Fine a cure for teenage immaturity. Engage yourself with what you’re made
of. Don’t be satisfied sitting at one corner reading your notes. Being
small doesn’t mean you have to aim and act small. Live to conquer. Start
with something.