10 Benefits Being a Young Entrepreneur - 3421 Words

10 Advantages of Being a Young Entrepreneur ------------------------------------------------- If youre new here, you may want to subscribe to my RSS feed to get the latest self-help articles as soon as theyre published. Thanks for visiting! Starting your own business and being an entrepreneur is a wonderful experience at any age. However, I often find young people shying away from starting their own businesses because they think they lack the experience required. Although experience helps, being young still does not limit your capacity to be happy and successful in business. I have been involved in various entrepreneurial ventures since I was 13 and can say that running your own business is a wonderful experience. Here are 10†¦show more content†¦By creating a business that is in alignment with your own sense of inner purpose, you can live your life completely congruently. Instead of your work being something you do to meet your basic survival needs, it can be something you love and an outlet for self-expression and contribution. 4. Failure is not a big deal The primary obstacle to starting a business for many people is the fear of failure. People are afraid of what it would mean to their financial if the business flopped. This is especially true if they have a family to support. The risks associated with entrepreneurship and the prospects of financial failure are too much for many to start their own business. Most people can handle letting themselves down but the idea of letting people they care about down is simply too much. However, as a young person who has responsibility only to yourself, the fear of letting other people down who are counting on you does not come into effect. Even if the business turned out to be a total flop, the only thing wasted would be your own time and money. At the same time, however, you would have been able to experience the tremendous growth associated with becoming an entrepreneur. So as a young entrepreneur, the downside is your business fails and you are left in a poor financial situation.Show MoreRelatedOpportunities Offered By The Youth Zone For The Youths722 Words   |  3 Pagesservice or services by free will or choice for the benefit of the community at large by an individual, a group, or an institution without expecting monetary gain or return in appreciation of being a volunteer (social impact of volunteerism) The effectiveness of volunteering in the community cannot be over emphasized. It helps to build a strong and cohesive community. It promotes social inclusion as well as integration and happiness. 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At a very young age, Gates showed a lot of intelligence. At primary school, he was particularly fond of Maths and Science. Since his childhood, he was enjoyed reading business magazines. Noticing his eagerness to learn, his parents enrolled him in Lakeside PreparatoryRead MoreEssay on Bill Gates the Entrepreneur1503 Words   |  7 Pagesbusiness world has seen before. Dearlove, D. (1998) William Gates III was born in Seattle, Washington, US, on October 28, 1955. His father, William Henry Gates (II) Jr., was a lawyer while his mother, Mary Gates, was a school teacher. At a very young age, Gates showed a lot of intelligence. At primary school, he was particularly fond of Maths and Science. Since his childhood, he was enjoyed reading business magazines. Noticing his eagerness to learn, his parents enrolled him in Lakeside PreparatoryRead MoreMy Experience At Hair Savvy Hair And Nail Salon1107 Words   |  5 PagesThe entrepreneur I interviewed was, Dehra Battle. 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