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Hot Tips on Being a Young Entrepreneur

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4 Basic Ways of thinking To Jump Start The Young Entrepreneur

One good thing about being young is the opportunity of exploring beyond your boundaries with a good excuse because you are young. And this is what makes young entrepreneurship fun, ideal and worthwhile.

A big advantage that teenagers have is fewer responsibilities and more time to waste. Unlike adults who are stretching their 24-hour life thinking on how to make a living. Although the risk would be immense with a lack of experience and knowledge, a teenager can start with what he knows about being young.

New entrepreneurs aging 16-21 are showing more vitality and perseverance to engage in profitable market industry. Growing adolescent minds develop as fast as mobile companies introduce a new breed of mobile phones. An ideal teenager can earn as much as $50 a day. Now, are you paying attention?

Think Young

The majority of our population is composed of teenagers with a curious mind. Introducing a new line of clothing that looks like a blast from the past would not catch their attention. When you think of putting up a business intended for the youth like yourself, it should coincide with their heart’s desires. Look at the path where they trod.

Photo by Bruno Nascimento on Unsplash

Extract it From Reality

Practical people always go for what they need instead of buying what they want. Recognize the difference? Something you want wouldnít turn out as something you need. You would want apple juice to quench your thirst but all you need is water. Yet something you need would always be something you want. Pacify the masses with whatís essential.

But don’t settle to what is traditional and basic. Instead, add up to whatís already there. Invent. Awake your innovative mind. Improvise. Water would always be water. But when you mix minerals and electrolytes, wham! an energy drink is born.

Photo by Joshua Sortino on Unsplash

Be a Techie

Information before is wired up to a tube. But now, it flies with the wind. Computer technology is becoming a must among everyone. It has successfully improved the lifestyle of business establishments, big or small. If you try to dig into the internet, billions of advertisements flood your screen. Why not clicking on one of them? You never know when it might interest you.

Photo by Marvin Meyer on Unsplash

Count Your Savings

A penny for your thoughts? Nah, keep your thoughts, I’ll keep my penny. Putting up a business is a tough deal especially when you don’t have the appropriate amount of money to fund it. But where would a kid like you get it when your piggy bank has been used up? If you’re 13, talk convincingly to your parents or your close relatives and try to make them understand that you are old enough to run your own business and donít let them think that you’ll just use the money for a video game.

If you’re 16, you could borrow it from your friends or significant someone. The moment you turn 18, more opportunities to borrow money or capital would come through. Business firms allowing enthusiasts to accumulate a certain kind of amount plus interest. Lending companies as we call them. With determination, you could see your money rolling.

Fine a cure for teenage immaturity. Engage yourself with what you’re made of. Don’t be satisfied sitting at one corner reading your notes. Being small doesn’t mean you have to aim and act small. Live to conquer. Start with something.

Photo by Damir Spanic on Unsplash

Connect with Terry Marc on Instagram

Terry Henderson is a professional musician and entrepreneur helping artists and musicians take their careers to the next level as the Founder & CEO of 1230 Entertainment. From university Artist in Residencies to teaching he is on a mission to elevating the next generation of culture creators. Editor -In- Chief of Creating The Culture

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9 Productivity Boosting Tools For The College Entrepreneur

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Photo By Matt Raglan on Unsplash

While everyone else is looking for the next marketing hack or “ultimate” sales script, there are a few elite college entrepreneurs who focused in the “boring” stuff…

SYSTEMS, PROCESSES & PRODUCTIVITY.

I get it. These might not be the sexiest things to talk (or write) about on the internet, but they helped me grow my personal business and will help you do the same if you are lucky enough to understand how valuable systems are to building a successful business.

I have used all of these tools over the past few years as I ran an app development agency, grew my Instagram to over 130k followers, scaled an online community platform to over 28,000 members and worked with massive digital campaigns for Fortune 500 brands.

Productivity was the game changer.

This isn’t the most interesting topic, but if you are looking to radically improve your productivity and thus grow your business then here are the tools you need to make it happen.


The God Father Of Productivity

Shift

I honestly don’t understand how this isn’t the most popular productivity app on the market. If you download Shift and stop reading now I will be happy. This app has changed my life to the point that I have everyone on my team buy it to make sure they stay organized. It aggregates all of your tools into one desktop and lets you easily access everything you need within 2 clicks.

There are over 100 apps (including almost all the tools that I mention in this article) you can integrate directly to create a true command center.

Communications

Everyone has heard the anecdote “your network is your net worth”. This couldn’t be more true for college entrepreneurs. Building relationships right now will have massive benefits throughout the rest of your career as an entrepreneur. Here are the best tools to facilitate those relationships.

Zoom Pro

Stop dealing with those awkward “40 minute limit” messages. This will create more fluid meetings and upgraded your level of professionalism. If you use Zoom frequently, this is a MUST HAVE.

Calendly

Take back control of your calendar and stop wasting time trying to figure out times to talk to your network. It creates a personal scheduling link, automatically checks your calendar and provides meeting times based on your availability.

Create various events (15 min, 30 min, etc) and send out links to whomever you are planning to speak with. I even have a private link for my girlfriend to schedule times throughout the work day for lunch or watching an episode of The Buried Life.

Slack

The gold standard of business communications. I love Slack because I am able to put all of my team members, clients and students in one communication platform. I log into Slack three times a day for 30 minutes and answer messages, then I close it down and turn off notifications so I can stay focused on my deep work.

Loom

My personal favorite for delegating tasks and sharing insights with my students/clients quickly. Instead of typing long emails and spending hours explaining topics, simply pop open Loom and screen record whatever you are sharing.

Ideation & Planning

These are my go-to apps when I have an “ah-ha” moment and want to dive into the details. I use these as my brain dumping ground and organize my thoughts into to actual cohesive plans.

Miro

A fantastic white-boarding tool that I use for mind maps, email sequence planning and just pure brainstorming. Miro also lets you collaborate live with your team so you can all contribute virtually.

Notion

One of the cleanest note-taking apps I have used. I used to be a huge advocate for Evernote but have since shifted to Notion as my primary note taking app. Specifically because you can link notes within each other and create mini dashboards with resources you need to access quickly.

Project Management

These tools will help you stay on top of your data and tasks. Simple to use and make sure you are staying on the right path without losing track of the details.

AirTable

An insanely powerful data management tool. Think Excel/Google Sheets on Barry Bonds level steroids. I love the customizability (I hope that’s a real word) AirTable offers. They have great templates that can help you manage your content creation, personal CRM and even your finances.

Monday.com

My absolute favorite task manager EVER. I track everything in Monday from my personal routines to my team’s project deliverables. It allows you to stay on top of everything in your business in a simple dashboard so nothing falls through the cracks.


How About You?

These platforms are part of my day-to-day routines and have tremendously helped me grow my business and feel 10x more productive as an entrepreneur.

With that being said, I am always looking to hear more about the tools you use as well as your thoughts on the ones I mentioned above.

Drop a comment with your favorite productivity tools below so we can learn together.


Samuel Thompson is a leading authority on digital growth and has supported Fortune 500 companies, award-winning start-ups, and prominent influencers scale their growth online. His passion is helping provide affordable support to the next generation of entrepreneurs and creators unlock their potential and build a life they truly love. Connect with him on Instagram @samuel.thompson to learn more about the opportunity to work directly with Sam and his team of digital experts.

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The True Definition of Entrepreneur

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Is There Really A Definition For The Word Entrepreneur?

When you encounter a new word, what do you usually do? Do you ignore it, or do you try to look up its definition in the dictionary? For smart individuals, they will surely look up for the new word’s meaning. If you’re engaged in business undertakings, perhaps you want to define an entrepreneur. Are you an entrepreneur?

There is a specific definition of an entrepreneur. According to most dictionaries, an entrepreneur is a businessperson who finances or initiates emerging commercial enterprises. He or she is the person who provides for the capital of the business. However, giving capital alone is not enough to be called an entrepreneur. How is that?

It’s because some individuals prefer to invest in a particular business venture, but that person will let someone else handle all the business activities.

Any person who finances a business venture and runs it can be called an entrepreneur. According to some economists, an entrepreneur is someone who develops a fresh and new product, a new way of producing something, or an innovative market. Usually, entrepreneurs start with a small business, and if it proves to be successful, the company will slowly expand.

So why put up small businesses? You see, small businesses require a smaller amount of capital while larger ones demand colossal money. Not many entrepreneurs nowadays are willing to take the risk of putting up big companies without proper research and studies.

Some say that being an entrepreneur starts right after a child is born. The child already possesses the qualities from the moment of birth. The individual is already a thinker and schemer of things. These individuals will want to reach the impossible. So if you’re a born entrepreneur, you must develop your skills and qualities so that you can use them shortly for your success.

Putting up a new enterprise may sound very hard, but for the entrepreneur, nothing is impossible to achieve. Innovation, creativity, leadership, being a risk-taker, and having the right inner drive or passion are some of the keys to being a successful entrepreneur. If you possess these things, nothing can stop you from being one of the biggest names in the marketplace.

There are thousands of opportunities that you can find from emerging communications, culture, and science and technology. All you need to do is identify these business opportunities and turn them into a real business enterprise. However, choosing an excellent business opportunity requires careful study and market research. Even if entrepreneurs are known to be risk-takers, they still have to make sure that they are entering a good business.

If you want to know more about the definitions of an entrepreneur, you can effortlessly search for the meaning of the word in popular search engines like Google and Yahoo. By using the power of the internet, you can find a lot of definitions for you to understand the word much better. There are many resources to find online; all it takes is diligent research.

Being an entrepreneur is an exciting and challenging task. If you have the guts, the capital, the true inner passion, appropriate qualities, and skills, don’t hesitate to introduce something new to the market.

Besides, most customers like new stuff. So what are you waiting for? Study the market and see if you can enter it and become a new entrepreneur.

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3 Tips Before Getting Starting With Shopify Dropshipping

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Three of the most important tips to implement into your journey of Shopify dropshipping and e-commerce.

You scroll through your Instagram feed and see tons of glamorous screenshots, and gurus telling you they will help you build million dollar businesses in months. E-Commerce and Shopify dropshipping is made out to be a quick, easy way to make money online and well, I have other opinions and 3 tips to share with you before you get started.

Think Long Term

Dropshipping is no longer considered a business model where you can come in, make a quick buck and get out, at least if you want long term wealth. You have to be okay with losing a bit of money in the short term, to make money in the long term. With so much competition in almost every niche, it is key to do a couple of things when launching your store.

Create a brand around your product

Branding is essentially. It helps you connect on a deeper level with your customer, its what your customer knows you as. A good brand name consists of something quick and simple, and references your niche/product instantly. It is important to have a brand name that does not confuse your customers, and that will stick in someones head come time for them to need more of your product, so don’t overthink this process.

Do market research

A key component that is often overlooked, and it shouldn’t be at all. Market research should be an active tool in finding your product. Go out and find websites that are selling the same product as you plan on selling, and figure out what they are doing well, and create your own unique offer on gaps you see that you’re ready to fill. This is not stealing, but its understanding what is flat out working, and gives you an idea of how you need to structure your website to create results.

Stay Focused & Organized

Always be sure to stay on top of fulfilling your orders. Not staying on top of this can lead to your payments being held from Shopify and of course, unhappy customers. Keeping track of your financials for each day. Doing the numbers each night and tracking your progress, is huge in knowing where your business stands in terms of potential changes that might need to be made, or to find out that you may need to find a new product. Whether you do it yourself or use an app through Shopify like OrderMetrics, they will both get the job done.

ALWAYS Check Shipping Times

When you’re in the hunt for a product to sell, always make sure to check those shipping times! These are given under every product listing that you will look at, and very crucial. Most products come from China, and you do not want your products arriving months after your customer orders it (obviously). A great alternative to AliExpress for great shipping times, is ZenDrop. They offer a Pro Plan, where you can get shipping times from 4–10 days at a relatively low cost. Getting your products out to your customers as soon as possible is huge, and with great service and a great product you will now be creating lifetime customers that will consistently come to you for their need.

Hope These Help

When I started my journey in dropshipping and building E-Commerce Stores, I had no clue where to start, and these 3 tips are just a few of the things I wish I would have known before starting dropshipping, and will always be very prevalent in the space.


Connect with Johnluke @jlnahorski on Instagram to learn more about dropshipping and how to successfully start your own online business and take it from 0–10k per month.

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