But there’s no time like the present if you have a fantastic business idea! If you’re an aspiring young entrepreneur, here are 5 tips that may help you along the way to success.
Passion is one of the key ingredients to getting your business off the ground, it’s where your drive and ambition sparks from. If you love what you do, the hard work will naturally follow and before you know it you’ll be turning your working dream into a reality!
Learn from your peers
There’s no harm in checking out what like-minded young entrepreneurs are getting up to. Find networking events to attend, fire emails, connect on LinkedIn – you never know what advice or contacts may come from it! Conversation leads to great things, you’ll be surprised by the leads you may gain and what you could learn from peers.
We run lots of free networking events across the Black Country, Shropshire, Telford and Herefordshire. Come along and get involved!
Find a mentor
Find someone who has been in your shoes before and can point you in the right direction. Having a mentor with valuable experience to keep you on the right tracks won’t only provide you with great advice, but also open doors to lots of new connections and opportunities!
You can find potential mentors at one of our networking events and we can help put you in touch with relevant business owners.
Age is just a number
Although you may think ‘lack of experience’ is against you, you have the advantage of having fresh innovative ideas and the determination to succeed! (Let’s not forget Sir Richard Branson became a billionaire at the age of 23).
If you have a clear vision, passion and a good business idea then you can be successful regardless of age.
Be open to criticism and make it self-improvement
Mould yourself to be able to accept criticism and self-improvement. Feedback is an important element that provides critical insights to your business that will only help improve your services. Ensure you take on board any feedback given and act accordingly to it.
Humility is an important part of being successful.
Do You Need Help Launching Your Small Business?
Join the Enterprise Action project and make use of our free specialist workshops, delivered by experienced business consultants. All of our workshops are available to people looking to set up a business or existing business owners in the Black Country, Shropshire, Telford and Herefordshire.