HOW TO START A BUSINESS AS A TEEN (Part 2)

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Introduction 

In our last post, we discussed 4 steps on how our teenagers can become young entrepreneurs. We hope the few steps mentioned have been digested.

We would discuss the remaining 5 amazing steps on how a teenager can become an entrepreneur as follows:

1. Discover Your Motive

Teenage business people frequently lose motivation when they don't know how to start a business without any money.

Being at the bottom makes everything twice as difficult, so let's be honest about it. But if you quit before you even begin, you truly don't deserve to start your own business.

Finding motivation is essential for success in all areas of life. A worthwhile aim is one of the things that will motivate you. However, remember that your main goal cannot and must not be to make a lot of money.

People who have already learned how to start an online business will attest to the significance of motivation. They typically work from home, and they can set their hours.

If you don't have something to drive you to work hard every day, that manner of working will be your worst adversary.

2 List your Advantages and Disadvantages

Teenagers must acknowledge their imperfections. Discovering how to become an entrepreneur won't be made any easier by living in an illusion. You should still be conscious of your abilities and capabilities, though.

Every young individual on the earth shares the same shortcoming, which is a lack of life experience. You shouldn't be dismayed if you make a mistake because of this.

The best lesson you can learn in the business world comes from every mistake you make. You will acquire essential experience in this manner.

Aside from that, if you don't consistently work on your abilities and talents, they won't mean anything to you. Due to laziness, many talented people failed to reach their objectives.

3. Get Ready to Accept "Defeat"

Let's utilize other prosperous people as an illustration. Is there a player in either basketball or football who has won every game throughout his career? Have you heard of an actor that consistently wins the Oscar? "No" is always the answer to both questions.

Discover how to fail. When the tough times arrive, it will be much simpler for you. Making a plan B (C, D, or E...) is the best thing you can do to achieve that.

You must indeed maintain your optimism. But consider the worst-case situation that might occur. Don't think about it all the time; just consider what steps you should take to correct the situation.

4. Be an Effective Learner

One more issue that affects people of all ages is envy.

Teenagers rarely acknowledge the superiority of others. They can come up with a million excuses to diminish the success of other business people.

You will never learn how to become an entrepreneur with such a mindset. Instead, it's in your best interests to take advice from more successful business people.

Every entrepreneur in the world has a mentor who taught them everything they needed to know, without a doubt. They didn't, however, end there. They sought to surpass their "teachers" and improve themselves.

You should employ this strategy as well. People who have experienced failure will be able to provide you with straightforward advice on how to start a business without any money.

 

There is yet another significant justification for respecting other people's achievements. You should respect yourself and your work if you want others to do the same. The only way to earn it is in that way.

5. Begin if You're Prepared and Repeat the Procedure

The final stage, which follows the first eight, is the most important. Is this something I'm ready for? You need to ask yourself this question first of all 

Business ventures are not a game. Teen entrepreneurs who irresponsibly launch their businesses can be found on every corner. Only carry out that action after you feel prepared.

You may determine whether the time is perfect to launch your own business in several different ways.

You don't mind taking chances.

You have faith in yourself.

You have faith in your concept.

You can devote yourself totally to your business.

You'll understand how to start your own business whenever you think that your objectives are attainable. Not simply a regular businessman, but one who will accomplish great things.

Your business won't matter to you if your aims are irrelevant. Whether you succeed or fail at a new objective, you will experience the same emotions. You won't be able to stay motivated and make progress if you do that.

If you're not sure you're ready, go through the process again.

One more thing: You still have time!

In Conclusion 

Teenagers frequently believe that time is of the essence. You still have time if you're only 25!

It's never too late to reach your objectives! There is therefore no justification for acting hastily or irrationally. If you occasionally run into trouble, don't try to sidestep the issue you are facing out of haste.

Accomplishing your goals,  don't be afraid to spend weeks or months trying to solve a problem if you are unable to do it right away. Being impatient won't benefit your business or overall well-being.

Of course, when you are truly unable to handle the issue, it is always a good idea to seek advice. Always keep in mind that your parents are there to support you! Even if they are unable to offer you business solutions, they will encourage you to look for them!

I'll say it again: YOU HAVE TIME. Work hard, be persistent, and be patient. That will pay off eventually!

Don't forget to visit our main school website on : www.jacobsschools.com.ng for appetizing information, pictures, and the likes about Jacob's Schools.

Don't limit yourself to these tips alone. Visit our school blog to read more about other related posts at www.jacobsschlsblog.com.ng

 


 

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