8 answers
8 answers
Updated
Theophilus’s Answer
Starting a business at your age is a great decision! It shows that you’re proactive and ready to dive into entrepreneurship early.
Now let me guide you through this oee my experience
1. Find Your Passion: The first thing is to identify something you’re passionate about or interested in. For me, it was cosmetics, skincare, and haircare. I saw a need for natural, affordable beauty products and tapped into that. Think about what you love or what problems you could solve in your community. Whether it’s fashion, tutoring, selling food, or even a digital service, passion keeps you motivated.
2. Start Small: Begin with a manageable idea. I started by purchasing products from wholesalers at a lower cost and then selling them for a profit. You can do the same. Look for opportunities where you don’t need a lot of money upfront. For example, you could:
• Resell products online.
• Offer services like tutoring, photography, or lawn care.
• Start an online store with a small inventory of items.
3. Leverage Free or Low-Cost Platforms: Social media is one of the easiest and cheapest ways to market your business. I used Instagram, Facebook, and Business, or TikTok to post my products and engage with customers. You can do the same with your business idea, whether it’s selling clothes, baked goods, or offering services.
4. Get Your Family and Friends Involved: In the beginning, my family and friends were my first customers. Don’t underestimate your inner circle. They can help spread the word, give you feedback, and even provide support in running your business.
5. Keep Learning: While you start, learn as much as you can about business basics. There are tons of free resources and courses online. Learn about customer service, marketing, and managing finances. I didn’t have all the knowledge at first, but I learned on the job, which made me grow faster.
6. Test the Market: Before going all in, test your product or service with a small group of people. This will give you feedback on what works and what doesn’t. When I started, I tested my products with a few customers before expanding.
7. Consistency is Key: Once you start, stay consistent. It took time for my business to grow, but because I kept pushing, posting, and learning, I saw progress. Don’t give up after the first challenge or if things are slow.
Next Steps for You:
• Identify a simple idea you’re passionate about.
• Start small by offering your product or service to people around you.
• Use free platforms to market and engage with customers.
• Learn as you go and make adjustments based on customer feedback.
Remember, being an entrepreneur is about taking small steps, learning from mistakes, and gradually building something meaningful. At 17, you have time to experiment and grow—so go for it!
Now let me tell you a secret👀
You become rich when you identify a “need” and you solve it.
Now let me guide you through this oee my experience
1. Find Your Passion: The first thing is to identify something you’re passionate about or interested in. For me, it was cosmetics, skincare, and haircare. I saw a need for natural, affordable beauty products and tapped into that. Think about what you love or what problems you could solve in your community. Whether it’s fashion, tutoring, selling food, or even a digital service, passion keeps you motivated.
2. Start Small: Begin with a manageable idea. I started by purchasing products from wholesalers at a lower cost and then selling them for a profit. You can do the same. Look for opportunities where you don’t need a lot of money upfront. For example, you could:
• Resell products online.
• Offer services like tutoring, photography, or lawn care.
• Start an online store with a small inventory of items.
3. Leverage Free or Low-Cost Platforms: Social media is one of the easiest and cheapest ways to market your business. I used Instagram, Facebook, and Business, or TikTok to post my products and engage with customers. You can do the same with your business idea, whether it’s selling clothes, baked goods, or offering services.
4. Get Your Family and Friends Involved: In the beginning, my family and friends were my first customers. Don’t underestimate your inner circle. They can help spread the word, give you feedback, and even provide support in running your business.
5. Keep Learning: While you start, learn as much as you can about business basics. There are tons of free resources and courses online. Learn about customer service, marketing, and managing finances. I didn’t have all the knowledge at first, but I learned on the job, which made me grow faster.
6. Test the Market: Before going all in, test your product or service with a small group of people. This will give you feedback on what works and what doesn’t. When I started, I tested my products with a few customers before expanding.
7. Consistency is Key: Once you start, stay consistent. It took time for my business to grow, but because I kept pushing, posting, and learning, I saw progress. Don’t give up after the first challenge or if things are slow.
Next Steps for You:
• Identify a simple idea you’re passionate about.
• Start small by offering your product or service to people around you.
• Use free platforms to market and engage with customers.
• Learn as you go and make adjustments based on customer feedback.
Remember, being an entrepreneur is about taking small steps, learning from mistakes, and gradually building something meaningful. At 17, you have time to experiment and grow—so go for it!
Now let me tell you a secret👀
You become rich when you identify a “need” and you solve it.
Updated
Biplab’s Answer
Partner with people who know what they are doing and who you can trust. Build expertise for yourself in the area that you intend to enter the market for.
Updated
Rebecca’s Answer
Thank you for your question. I am glad to hear that you want to become an entrepreneur. Have you thought about what industry you want to start your business?
Below are my suggestions:
1. Think about what industry you want to start your business, something you have interest or you have interest
2. Do some analysis on the industry, eg entry criteria, competition status, any alternative or substitute, etc
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the operating model and establish people network
5. Start the business online first if possible
Hope this helps! Good luck!
May Almighty God bless you!
Below are my suggestions:
1. Think about what industry you want to start your business, something you have interest or you have interest
2. Do some analysis on the industry, eg entry criteria, competition status, any alternative or substitute, etc
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the operating model and establish people network
5. Start the business online first if possible
Hope this helps! Good luck!
May Almighty God bless you!
Updated
Bob’s Answer
The first step in being an entrepreneur is a keen sense of endless curiosity. Entrepreneurs, realizing that every problem is actually an oportunity, will ask themselves "how do I identify the problem and how might I solve it"?
For example, years ago a friend/salesman asked himself why he separately carried a two way phone, a pager, a calendar, an address book and note pads. He then got together with engineers and roughly designed the first cell phone. The rest is history.
Another friend read an article about cracks and leaks in large underground water pipes. He then patented a basic floating device with a camera and remote communication capabilities.
Every day you will be faced with problems, that your unique background, interests, perspective and curiosity will mold into opportunities.
Of those you think you know how to address and solve, you will have taken the first easy step in your entrepreneurial journey.
Purchase a "Thinkpak", or similar group of cards. They will help you to question and seize upon opportunities
Ask yourself, why you do the things that you do? Is there a better way? Is there a product or service idea there?
For example, years ago a friend/salesman asked himself why he separately carried a two way phone, a pager, a calendar, an address book and note pads. He then got together with engineers and roughly designed the first cell phone. The rest is history.
Another friend read an article about cracks and leaks in large underground water pipes. He then patented a basic floating device with a camera and remote communication capabilities.
Every day you will be faced with problems, that your unique background, interests, perspective and curiosity will mold into opportunities.
Of those you think you know how to address and solve, you will have taken the first easy step in your entrepreneurial journey.
Bob recommends the following next steps:
Updated
Adaobi’s Answer
Absolutely! Embarking on the path of entrepreneurship is a thrilling adventure, and while there's no universal blueprint, I can provide you with some clear steps to kickstart your journey. Keep in mind, being an entrepreneur is not just about launching a business—it's about breathing life into your distinctive vision. Here are some crucial steps:
1. Identify a Lucrative Business Idea: Begin by pinpointing a market need or a problem you're eager to solve. Your business concept should resonate with your hobbies and abilities.
2. Craft Your Product: Once your idea is in place, focus on developing a product or service that fills that need. Whether it's a tangible product, software, or a service, prioritize excellence and worth.
3. Verify Your Product: Before fully diving in, validate your product with potential clients. Collect feedback, carry out surveys, and test prototypes. Ensure there's a market for what you're proposing.
4. Draft a Business Plan: A business plan sketches out your objectives, target market, promotional strategy, financial forecasts, and operational specifics. It's your guide to triumph.
5. Obtain Funding: Depending on your business type, you might require funds. Look into avenues like personal savings, loans, or attracting investors. Self-fund if feasible, but don't hesitate to seek external funding if necessary.
6. Launch Your Business: Set a launch date and unveil your product to the world. Leverage social media, your contacts, and other promotional channels to generate excitement.
7. Operate Your Business: As an entrepreneur, you'll juggle numerous roles—marketing, sales, operations, and more. Stay flexible, learn from missteps, and continually fine-tune your strategy.
Remember, the path of entrepreneurship may not always be smooth, but it can be profoundly gratifying. Wishing you the very best on your entrepreneurial voyage!
1. Identify a Lucrative Business Idea: Begin by pinpointing a market need or a problem you're eager to solve. Your business concept should resonate with your hobbies and abilities.
2. Craft Your Product: Once your idea is in place, focus on developing a product or service that fills that need. Whether it's a tangible product, software, or a service, prioritize excellence and worth.
3. Verify Your Product: Before fully diving in, validate your product with potential clients. Collect feedback, carry out surveys, and test prototypes. Ensure there's a market for what you're proposing.
4. Draft a Business Plan: A business plan sketches out your objectives, target market, promotional strategy, financial forecasts, and operational specifics. It's your guide to triumph.
5. Obtain Funding: Depending on your business type, you might require funds. Look into avenues like personal savings, loans, or attracting investors. Self-fund if feasible, but don't hesitate to seek external funding if necessary.
6. Launch Your Business: Set a launch date and unveil your product to the world. Leverage social media, your contacts, and other promotional channels to generate excitement.
7. Operate Your Business: As an entrepreneur, you'll juggle numerous roles—marketing, sales, operations, and more. Stay flexible, learn from missteps, and continually fine-tune your strategy.
Remember, the path of entrepreneurship may not always be smooth, but it can be profoundly gratifying. Wishing you the very best on your entrepreneurial voyage!
Updated
Adaobi’s Answer
The easiest way to start as an entrepreneur is to **identify a simple, profitable idea** that solves a common problem.Begin small, test your idea, and gradually expand as you gain experience and confidence.
Thank you for giving me advice.
Jasmine
Updated
Jonathan’s Answer
My response to your questions is not what you are expecting but in my opinion good advice well worth considering nonetheless.
1) if you are 17 years old, a 12th grader and seeking "the easiest way to become an entrepreneur" I suggest some introspection and hopefully a mental reset. Nothing worthwhile and durable comes "easily" in this life and anything worth achieving is worth working hard-VERY HARD for. Success as an entrepreneur depends on your ability to fall down and get up, time after time after time without giving up. So if you're already looking for the easy way to succeed, you are already planning to fail before you start.
2) so in addition to the other good advice offered by others here, I suggest the following as you reconsider your capacity for life as an entrepreneur:
-do the hard things first, don't avoid them or procrastinate just because they're hard.
-surround yourself with successful people who can be mentors and set examples for you to follow; the lessons you learn from them will be invaluable.
-overcome your fear of failure; each failure takes you one step closer to success.
-run don't walk away from people offering you "quick" and "easy" "how to" solutions-if they had real solutions they would be practicing them instead of selling webinars for a living. don't allow attraction to shortcuts to become addictions or bad habits.
1) if you are 17 years old, a 12th grader and seeking "the easiest way to become an entrepreneur" I suggest some introspection and hopefully a mental reset. Nothing worthwhile and durable comes "easily" in this life and anything worth achieving is worth working hard-VERY HARD for. Success as an entrepreneur depends on your ability to fall down and get up, time after time after time without giving up. So if you're already looking for the easy way to succeed, you are already planning to fail before you start.
2) so in addition to the other good advice offered by others here, I suggest the following as you reconsider your capacity for life as an entrepreneur:
-do the hard things first, don't avoid them or procrastinate just because they're hard.
-surround yourself with successful people who can be mentors and set examples for you to follow; the lessons you learn from them will be invaluable.
-overcome your fear of failure; each failure takes you one step closer to success.
-run don't walk away from people offering you "quick" and "easy" "how to" solutions-if they had real solutions they would be practicing them instead of selling webinars for a living. don't allow attraction to shortcuts to become addictions or bad habits.
Katherine Avery
Run a music studio and teach private music lessons; teach college-level religion classes
350
Answers
Updated
Katherine’s Answer
Hey Jasmine,
If you're still figuring out what you would want to do for a business, read Ken Coleman's book From Paycheck to Purpose and it should help.
Then you can use this workbook (https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng) to start taking steps to start a business.
And use Dave Ramsey's book to also get ideas for running a business well.
If you're still figuring out what you would want to do for a business, read Ken Coleman's book From Paycheck to Purpose and it should help.
Then you can use this workbook (https://www.churchofjesuschrist.org/bc/content/ldsorg/topics/self-reliance/2017/14678_sgmb_book_eng.pdf?lang=eng) to start taking steps to start a business.
And use Dave Ramsey's book to also get ideas for running a business well.
Delete Comment
Flag Comment