Tag: young entrepreneurs
How to Build a Minimum Sustainable Company
According to the Small Business Administration, the majority of all businesses will fail in less than five years. The largest percentage of failures occurs in year one itself. That means that these startups could not create a sustainable business model before they ran out of resources, time, and money. Do you think if they had [...]
Top 30 Best Cities for Young Entrepreneurs 2013
One of the most important things you’ll do when starting your business is to pick where to setup shop. You want to find a place that offers business resources but also the lifestyle and culture that you want. The below list breaks down 30 cities across the United States into three different categories based on [...]
Advertising on a Bootstrapper’s Budget? 15 Tips for Making It Work
How should bootstrappers allocate resources for marketing and advertising? How do you figure out what’s reasonable when your company is still new? The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, the YEC recently launched #StartupLab, a free [...]
How Young Entrepreneurs Can Use Outsourcing to Scale Business
Starting and owning a business can be challenging at any age, but young entrepreneurs face particular challenges. Time is a limited commodity and some young business owners struggle to balance the demands of college courses and work. Others may work a demanding job during the day and build their business in their off hours. Young [...]
A Guide to Getting People Past Your Age and Their Preconceptions
Being an entrepreneur means constantly having to prove oneself to the business world, from clients to investors to the media. First impressions are key to building a lasting relationship and opening up opportunities for yourself and your company. However, young entrepreneurs face a key hurdle in their quest for a great first impression, their age. [...]
30 Most Influential Young Entrepreneurs of 2012
It’s that time of year again when we put together our 30 most influential young entrepreneurs list. Each of these founders and CEOs are running incredible ventures that have taken a lot of sacrifice and hard work to get to where they are today. There are multiple companies on the list this year carrying valuations [...]
Six Creative and Solid Ways to Finance Your Business
Financing a business is one of the most challenging activities in running an enterprise, so much so that many businesses have gone down due to lack of funds. Sadly, this is a situation that could have been avoided if the owners knew where to source for funds. Some of the most dependable ways to accessing [...]
Five Ways Young Entrepreneurs Can Command More Respect
Being a young entrepreneur can definitely have its advantages, but it can also cause you to be viewed in a negative light by some potential business partners and media publications. In order to prove that you are not immature or unqualified to properly manage your business, you need to take steps to set yourself apart [...]
Why High School Students Can Start Companies
Before our engineering degrees and Harvard Business School MBA’s, we were ambitious, bright-eyed, high-achieving high school students. Despite our relentless curiosity and limitless potential, it was hard to be taken seriously as real contributors to the world at that age. We felt that age, just like any other demographic indicator, does not limit one’s ability [...]
Going From 0 to 10,000 Users Overnight on Launch Day
Many startups in recent years have relied on user growth to display a working business model. This craze began when Facebook became wildly successful with their user acquisition strategy and many startups have followed in their footsteps. However, this model only works if you gain immense traction from day one. Launching my second startup, I [...]
