Teen Entrepreneurs Offer Tips
Launching a small business can bring big returns. But it’s anything but easy money. Running a firm takes stamina, creativity, discipline — and sometimes, even physical work.
For kids who want to get started right away, USA TODAY polled successful entrepreneurs and small-business experts for advice. Their tips:
• Don’t let shortcomings thwart you. Everyone — from those with learning disabilities to those earning national scholastic honors — has the ability to become an entrepreneur.
• Expand upon your interests. “Find a task (or) work you like and that is in demand.
• Scour for savings. Leanna Archer of Leanna’s Inc. surfs the Web to find the best prices on everything from ingredients to product containers.
• Price wisely. “Feel around and see what other companies are charging,” then price competitively.
• Don’t overinvest in supplies/equipment. “Allow your business to grow, and then grow your equipment into your business.
• Promote your business and yourself. “Seek business; do not wait for it to come to you.
Photo by USA TODAY.
Jaclyn on May 21st, 2009 12:55 pm
Those are some really great tips from such young adults and it’s very impressive and mature of them to hand out those tips to others just like them.
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