activity among teenagers and it requires a certain maturity and foresight to develop vision. Once a teen can visualize and define their goal in life, he or she will now be able to take the initial steps of achieving that goal of becoming a teen entrepreneur. This is the beginning of what could be a successful startup venture.
Commitment: To become a successful teen entrepreneur at a young stage will require a trait that all successful entrepreneurs exhibit – commitment. To be a successful teen entrepreneur, you must commit to your vision, which may entail doing an activity each day that will move your business idea forward. This requires a lot of commitment on your end as you must become steadfast in growing your venture by doing things that will contribute to the growth of your startup.
A Willingness to Learn: The common challenge for many teen entrepreneurs is they lack the experience necessary to enhance value in their startup ventures. While this is certainly true in many cases, teenage entrepreneurs must have a willingness to learn. They must want to jumpstart receiving the right experience by simply working for companies in specific industries tailored to their startup ventures. Many existing businesses provide young people with on-the-job training where they assign existing employees to act as mentors to teach these individuals about how the business works.
Able to Accept Criticism: Most mentors take the time to teach all that they can with the hope that their students are able to learn as much as possible. Some will be very critical in passing on knowledge. The most successful entrepreneurs are open-minded to criticism and those who wish to be find success should adopt this approach. The same holds true for teen entrepreneurs – if they want to find success, it is critical that they accept constructive criticism and learn from it.
The path to becoming a successful teen entrepreneur is not easy, but then again success at any age rarely is. Teens are well-positioned for entrepreneurship though – they tend to be risk-takers and are in general, less afraid of the unknown. There are hundreds of examples of teens who have built successful, profitable startups around the globe. If you are an aspiring teen entrepreneur, don’t let your youth be a barrier to success. Interested in learning more about startups and funding? Contact me today and let’s talk.