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Any tip on starting a business in high school ?
I’m a 9th grader and I want to start a business while in high school any tip or steps on how to go about it
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5 answers
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Anasa’s Answer
Hi Marii,
I find it admirable that you'd like to start a business at your age.
When I was in elementary school, I used to sell candy and snacks to my friends and classmates because many of us felt as if the candy and snacks in the vending machines were overpriced. I would buy snacks in bulk and price them cheaper than what they were priced in the vending machines. For example, if a pack of Skittles was $1.25, I'd charge a $1. I was passionate about making sure my friends and classmates were able to afford their favorite snacks while at school.
With that being said, I think the following can help you start a business:
1. Identify your passion and a need for it.
- What are you truly interested in? What are you good at? Find problems that you think need solutions that can be addressed with your business.
2. Create a business plan.
- What is your business about? Who will your audience be? Who are your competitors? Think about how you will inform others of what you're selling.
3. Register your business and consider how it will be funded.
- How much will you need to get started? Do you have a number in mind you'd like to reach within the first week or month? How much will each product or service be priced? Think about the costs to keep the business going.
4. Build your brand and learn how to market it to others.
- What will your logo look like? Do you have a name for your business (a memorable one at that)? What is your online presence like? What will your content look like when it comes time to promote? Will you network with others to gain partnerships and/or customers?
5. Learn as you go.
- Be open to feedback. Be prepared for long days and long nights. Be open to changing your business plans and working with others. Seek knowledge from those who have been where you are.
Finally, persist! Having determination at a young age is a great beginning (can never be too young or too old in my opinion). Now, it's just about taking that first step and discovering where it will lead you.
I find it admirable that you'd like to start a business at your age.
When I was in elementary school, I used to sell candy and snacks to my friends and classmates because many of us felt as if the candy and snacks in the vending machines were overpriced. I would buy snacks in bulk and price them cheaper than what they were priced in the vending machines. For example, if a pack of Skittles was $1.25, I'd charge a $1. I was passionate about making sure my friends and classmates were able to afford their favorite snacks while at school.
With that being said, I think the following can help you start a business:
1. Identify your passion and a need for it.
- What are you truly interested in? What are you good at? Find problems that you think need solutions that can be addressed with your business.
2. Create a business plan.
- What is your business about? Who will your audience be? Who are your competitors? Think about how you will inform others of what you're selling.
3. Register your business and consider how it will be funded.
- How much will you need to get started? Do you have a number in mind you'd like to reach within the first week or month? How much will each product or service be priced? Think about the costs to keep the business going.
4. Build your brand and learn how to market it to others.
- What will your logo look like? Do you have a name for your business (a memorable one at that)? What is your online presence like? What will your content look like when it comes time to promote? Will you network with others to gain partnerships and/or customers?
5. Learn as you go.
- Be open to feedback. Be prepared for long days and long nights. Be open to changing your business plans and working with others. Seek knowledge from those who have been where you are.
Finally, persist! Having determination at a young age is a great beginning (can never be too young or too old in my opinion). Now, it's just about taking that first step and discovering where it will lead you.
Updated
Nada’s Answer
Hi Marii,
It's awesome that you're diving into the world of entrepreneurship right out of school! Starting a business requires a mix of passion, grit, and the right tools.
Here's a breakdown of the essentials to get you started:
1. The Idea Toolkit:
* Problem-solving lens: The best businesses solve problems. Look around – what frustrates people? What needs improvement? Your idea should offer a solution or fill a gap.
* Idea validation: Don't just assume your idea is great. Talk to potential customers. Get feedback. Would they actually pay for what you're offering?
* Niche focus: It's tempting to try to be everything to everyone, but starting with a specific niche helps you target your marketing and stand out.
2. Planning :
* Lean Business Plan: No need for a 100-page document, but outline your goals, target market, how you'll make money, and your marketing strategy.
* Market Research: Who are your competitors? What are their prices? How can you differentiate yourself? Knowledge is power!
* Legal and Financial Foundation: Choose a business structure (sole proprietorship, LLC, etc.), get necessary licenses, and understand basic accounting.
3. The Digital Toolbox:
* Website or Online Platform: This is your virtual storefront. Make it user-friendly, whether it's your own website or an Etsy shop.
* Social Media Presence: Where does your target audience hang out online? Focus your efforts on those platforms.
* Content Creation Tools: You'll need ways to create engaging content – Canva for visuals, video editing software, or even just a good phone camera.
4. Customer Connection:
* Email Marketing: Build an email list and use it to connect with potential and current customers (Mailchimp, ConvertKit are popular options).
* Customer Relationship Management (CRM): A system to keep track of customer interactions and build relationships (HubSpot, Zoho are examples).
* Excellent Communication: Respond to inquiries promptly, be helpful, and build trust with your audience.
5. The Growth Accelerator:
* Analytics and Tracking: Use tools like Google Analytics to understand how people find your business and what they do on your website.
* Networking and Collaboration: Connect with other entrepreneurs, potential mentors, and industry professionals.
* Continuous Learning: The business world is always evolving. Stay updated on trends, learn new skills, and adapt.
Resources for Young Entrepreneurs:
* Small business development centers (SBDCs): Free or low-cost counseling and training.
* SCORE: Free mentoring and resources from experienced business professionals.
* Online business courses: Platforms like Coursera, Udemy, and Skillshare offer a wealth of knowledge.
Starting a business is a marathon, not a sprint. Be patient, persistent, and passionate about what you're doing. Good luck!
It's awesome that you're diving into the world of entrepreneurship right out of school! Starting a business requires a mix of passion, grit, and the right tools.
Here's a breakdown of the essentials to get you started:
1. The Idea Toolkit:
* Problem-solving lens: The best businesses solve problems. Look around – what frustrates people? What needs improvement? Your idea should offer a solution or fill a gap.
* Idea validation: Don't just assume your idea is great. Talk to potential customers. Get feedback. Would they actually pay for what you're offering?
* Niche focus: It's tempting to try to be everything to everyone, but starting with a specific niche helps you target your marketing and stand out.
2. Planning :
* Lean Business Plan: No need for a 100-page document, but outline your goals, target market, how you'll make money, and your marketing strategy.
* Market Research: Who are your competitors? What are their prices? How can you differentiate yourself? Knowledge is power!
* Legal and Financial Foundation: Choose a business structure (sole proprietorship, LLC, etc.), get necessary licenses, and understand basic accounting.
3. The Digital Toolbox:
* Website or Online Platform: This is your virtual storefront. Make it user-friendly, whether it's your own website or an Etsy shop.
* Social Media Presence: Where does your target audience hang out online? Focus your efforts on those platforms.
* Content Creation Tools: You'll need ways to create engaging content – Canva for visuals, video editing software, or even just a good phone camera.
4. Customer Connection:
* Email Marketing: Build an email list and use it to connect with potential and current customers (Mailchimp, ConvertKit are popular options).
* Customer Relationship Management (CRM): A system to keep track of customer interactions and build relationships (HubSpot, Zoho are examples).
* Excellent Communication: Respond to inquiries promptly, be helpful, and build trust with your audience.
5. The Growth Accelerator:
* Analytics and Tracking: Use tools like Google Analytics to understand how people find your business and what they do on your website.
* Networking and Collaboration: Connect with other entrepreneurs, potential mentors, and industry professionals.
* Continuous Learning: The business world is always evolving. Stay updated on trends, learn new skills, and adapt.
Resources for Young Entrepreneurs:
* Small business development centers (SBDCs): Free or low-cost counseling and training.
* SCORE: Free mentoring and resources from experienced business professionals.
* Online business courses: Platforms like Coursera, Udemy, and Skillshare offer a wealth of knowledge.
Starting a business is a marathon, not a sprint. Be patient, persistent, and passionate about what you're doing. Good luck!
Updated
Tamberlyn’s Answer
Your enthusiasm is infectious! Embarking on a business journey while still in high school is an exciting endeavor. The first step is to ignite the spark of an idea. Ask yourself - am I keen on offering a service? Or perhaps, I'm eager to create a unique product? Whatever your passion, let that be your launching pad.
Next, immerse yourself in research about your chosen topic. This could be about the type of service you wish to offer or the process of crafting your product. If it seems suitable, why not test your idea among your friends?
Financing, of course, is crucial. You might need to tap into your savings or seek help from your parents. As a high schooler, typically under 18, you'll probably need your parent or guardian's approval to register your business.
Consider your selling platform. Will it be online? Or perhaps through a third-party site like Etsy? Remember, every success is a step forward, and every mistake is a lesson learned. Wishing you the best of luck!
Next, immerse yourself in research about your chosen topic. This could be about the type of service you wish to offer or the process of crafting your product. If it seems suitable, why not test your idea among your friends?
Financing, of course, is crucial. You might need to tap into your savings or seek help from your parents. As a high schooler, typically under 18, you'll probably need your parent or guardian's approval to register your business.
Consider your selling platform. Will it be online? Or perhaps through a third-party site like Etsy? Remember, every success is a step forward, and every mistake is a lesson learned. Wishing you the best of luck!
Updated
Juaniqua’s Answer
Ignite your entrepreneurial journey with the fuel of passion. Once this passion is identified, nurture it with thorough research. As an aspiring entrepreneur, it's crucial to learn from those already established in your chosen industry. Seek out professionals at various stages of their career and gather their insights on the path to success. Don't limit yourself to one person's perspective, and never hesitate to ask the questions that intrigue you. Approach them with a prepared list of queries and document their responses for future reference.
Running a successful business as an entrepreneur hinges on three key elements: finance, customer service, and operations. It's vital to understand the financial aspects, such as production costs and pricing strategies for your products or services. Remember, the way you conduct your business, treat your customers, and present yourself plays a significant role in shaping your customer base. Excellent customer service can be a game-changer. Strive to provide an experience that not only retains customers but also encourages them to recommend your business to others.
Lastly, establish efficient systems for your business operations. Determine the days dedicated to product creation, plan your advertising strategies, and set daily expectations to ensure productivity.
Remember, success is within your reach! Dream big, think big, and achieve big!
Running a successful business as an entrepreneur hinges on three key elements: finance, customer service, and operations. It's vital to understand the financial aspects, such as production costs and pricing strategies for your products or services. Remember, the way you conduct your business, treat your customers, and present yourself plays a significant role in shaping your customer base. Excellent customer service can be a game-changer. Strive to provide an experience that not only retains customers but also encourages them to recommend your business to others.
Lastly, establish efficient systems for your business operations. Determine the days dedicated to product creation, plan your advertising strategies, and set daily expectations to ensure productivity.
Remember, success is within your reach! Dream big, think big, and achieve big!
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
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Answers
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James Constantine’s Answer
Hey there, Marii!
Embarking on a business venture while you're still in high school can be a thrilling and fruitful journey. It's a great chance to acquire essential entrepreneurial skills, and it's also a fantastic way to delve into your passions and interests. Sure, it might seem a bit daunting at first, but with a bit of careful planning and a whole lot of dedication, you can successfully kick-start and manage a business even while you're still in school. Here are some tips and steps to guide you on this exciting journey:
1. Discover your passion and interests: The first thing you need to do when starting a business is to figure out what truly excites you. Consider your hobbies, talents, or any issues you're keen on solving. Building a business around something you love will keep you enthusiastic and involved throughout the journey.
2. Do your homework: Once you've found your passion, it's time to do some serious market research. Understand the demand for your product or service by studying your target audience, competition, and potential market size. This will help you confirm your business idea and make smart decisions.
3. Craft a business plan: A well-structured business plan is vital for any startup. It's like a roadmap for your business, helping you outline your goals, target market, marketing strategies, financial forecasts, and operational plans. Be sure to include specifics about your product or service, pricing, distribution channels, and marketing methods.
4. Seek advice and mentorship: As a high school student, it's crucial to seek guidance from seasoned entrepreneurs or mentors who can offer valuable insights and advice. Get in touch with local business organizations, entrepreneurship programs, or even teachers who can link you up with mentors in your field of interest.
5. Start small: As a high schooler, it's key to start small and concentrate on manageable tasks. Start by testing your product or service on a small scale within your community or school. This will enable you to collect feedback, make enhancements, and build trust before expanding further.
6. Assemble a team: Depending on how complex your business idea is, you might want to build a team of like-minded individuals who can bring their skills and expertise to the table. Look for classmates, friends, or even teachers who share your passion and are ready to join you on this entrepreneurial adventure.
7. Build a brand and online presence: Establishing a strong brand identity is vital for any business. Design a catchy logo, choose a name that mirrors your business, and establish an online presence through a website or social media platforms. Use these channels to showcase your products or services, engage with customers, and cultivate a loyal following.
8. Be a time management pro: Juggling schoolwork, extracurricular activities, and running a business can be tough. It's crucial to manage your time effectively by making a schedule and prioritizing tasks. Set achievable goals and allocate specific time slots for working on your business.
9. Look for funding opportunities: Depending on your business's nature, you might need funding to cover initial costs or invest in growth. Look into funding opportunities such as grants, scholarships, crowdfunding platforms, or even asking family and friends for support.
10. Embrace failures and adapt: The entrepreneurial journey is a rollercoaster of highs and lows. View failures as learning opportunities and be ready to tweak your strategies based on feedback and market trends. Stay determined, resilient, and open to fresh ideas.
Remember, starting a business in high school demands dedication, effort, and persistence. It's crucial to balance your school responsibilities with your entrepreneurial endeavors. By following these tips and steps, you can build a solid foundation for your business while acquiring valuable skills that will serve you well throughout your life.
Top 3 Authoritative Reference Publications/Domain Names:
1. Small Business Administration (SBA) - www.sba.gov
2. Entrepreneur - www.entrepreneur.com
3. Forbes - www.forbes.com
Embarking on a business venture while you're still in high school can be a thrilling and fruitful journey. It's a great chance to acquire essential entrepreneurial skills, and it's also a fantastic way to delve into your passions and interests. Sure, it might seem a bit daunting at first, but with a bit of careful planning and a whole lot of dedication, you can successfully kick-start and manage a business even while you're still in school. Here are some tips and steps to guide you on this exciting journey:
1. Discover your passion and interests: The first thing you need to do when starting a business is to figure out what truly excites you. Consider your hobbies, talents, or any issues you're keen on solving. Building a business around something you love will keep you enthusiastic and involved throughout the journey.
2. Do your homework: Once you've found your passion, it's time to do some serious market research. Understand the demand for your product or service by studying your target audience, competition, and potential market size. This will help you confirm your business idea and make smart decisions.
3. Craft a business plan: A well-structured business plan is vital for any startup. It's like a roadmap for your business, helping you outline your goals, target market, marketing strategies, financial forecasts, and operational plans. Be sure to include specifics about your product or service, pricing, distribution channels, and marketing methods.
4. Seek advice and mentorship: As a high school student, it's crucial to seek guidance from seasoned entrepreneurs or mentors who can offer valuable insights and advice. Get in touch with local business organizations, entrepreneurship programs, or even teachers who can link you up with mentors in your field of interest.
5. Start small: As a high schooler, it's key to start small and concentrate on manageable tasks. Start by testing your product or service on a small scale within your community or school. This will enable you to collect feedback, make enhancements, and build trust before expanding further.
6. Assemble a team: Depending on how complex your business idea is, you might want to build a team of like-minded individuals who can bring their skills and expertise to the table. Look for classmates, friends, or even teachers who share your passion and are ready to join you on this entrepreneurial adventure.
7. Build a brand and online presence: Establishing a strong brand identity is vital for any business. Design a catchy logo, choose a name that mirrors your business, and establish an online presence through a website or social media platforms. Use these channels to showcase your products or services, engage with customers, and cultivate a loyal following.
8. Be a time management pro: Juggling schoolwork, extracurricular activities, and running a business can be tough. It's crucial to manage your time effectively by making a schedule and prioritizing tasks. Set achievable goals and allocate specific time slots for working on your business.
9. Look for funding opportunities: Depending on your business's nature, you might need funding to cover initial costs or invest in growth. Look into funding opportunities such as grants, scholarships, crowdfunding platforms, or even asking family and friends for support.
10. Embrace failures and adapt: The entrepreneurial journey is a rollercoaster of highs and lows. View failures as learning opportunities and be ready to tweak your strategies based on feedback and market trends. Stay determined, resilient, and open to fresh ideas.
Remember, starting a business in high school demands dedication, effort, and persistence. It's crucial to balance your school responsibilities with your entrepreneurial endeavors. By following these tips and steps, you can build a solid foundation for your business while acquiring valuable skills that will serve you well throughout your life.
Top 3 Authoritative Reference Publications/Domain Names:
1. Small Business Administration (SBA) - www.sba.gov
2. Entrepreneur - www.entrepreneur.com
3. Forbes - www.forbes.com