Entrepreneurs of today come in all age groups. The traditional demographic stereotype does not necessarily apply any longer. Just ask Sawyer Howitt, 17-yr old project manager at the Meriweather Group of Portland, Oregon. Entrepreneurs have historically been perceived by consumers as middle aged to older individuals who have established their own business after some time working in a particular industry. While once upon a time that was the common method of achieving independent business success, that is no longer the case since the full application of the world wide web. Business success knows no age. It just knows solid information and good decision-making skills exacted by those who are in charge. However, there are still a few things for any young entrepreneur to consider when faced with resistance based on a perceived lack of experience.
Do Not Procrastinate
Anyone who thinks they have a solid business idea should work towards implementing a business plan as soon as possible. The adage that there is no time like the present still applies, and it may apply even more currently considering the potential for competition in any industry. Do not wait for the “right time” to begin. Even small steps matter at first, so make sure to keep your ultimate goal in mind even if it involves reaching sub-goals beforehand.
Take Advantage of Youth and Energy
Youth is not necessarily wasted on the young when the young understand how to use their personal exuberance. Successful business operations are commonly built in stages as the process grows. Be diligent and keep working with the ultimate goal of success in mind. What a young entrepreneur may lack in business experience can often be compensated for in personal focus and drive.
Build Your Network
Regardless of the type of business model a young entrepreneur is considering, all ventures will require effective networking in some manner. This process is generally an act of self-marketing, but the true objective is to get the word out about your business venture as well yourself. This is especially true for startups, but is also very important for those already established operations that are building customer or client bases. And always remember, almost all types of businesses require teamwork. Do not attempt to complete a project alone if there is an excellent opportunity for major growth by utilizing the energy and business savvy of others.