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10 Things I Have Learned From Starting A Business As A Teen

10 Things I Have Learned From Starting A Business As A Teen
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You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

As a teen entrepreneur, one of my favorite things to do is inspire others to acheieve their goals, build their business, and truly create something that makes the lives of others better. I wrote this article to inspire, intrigue, and spark others to begin working on their own business.  Whether they be young or old, I want to encourage them to grow their business and achieve their dreams.  Here are the top #10 things that I have learned in my journey of starting a business as a teen:

1. Success Comes To Those Who Work

This is truly the number one lesson that I have learned as a teen entrepreneur.  Every single time that I put in work, I get a proportional amount of results and successes from that work.  The more work that I put in, the more success that occurs in my life, the more happy coincidences occur, and the more I realize that I achieve

2. Follow Up, Follow Up, Follow Up

This is the second biggest lesson that I have learned as a teen entreprenuer.  After loosing my first potential client because I didn’t follow up, my mind changed completely about how I needed to be approaching my sales process.  I began to schedule out my follow up, figuring out when I should touch base with prospects, clients, and referrals next.  This helped me not only increase sales, but also develop a better relationship with my clients.

3. Sales Is An Important Skill To Learn

Sales is one of the most important, most essential skills that I have learned in my life, because it allows me to convey not only my products, but also my ideas to others in a way that makes them enthusiastic about it too.  Learning not just to “sell,” but also to communicate with people in a way that makes them interested in an essential skill, not just in business, but also in life.

4. Don’t Be Afraid To Take Risks

Another thing that most entrepreneurs need to learn is to take risks.  More specifically, entrepreneurs need to learn to take evaluated, calculated risks that can help them grow their business.  If you don’t take risks at all, you aren’t going to be able to achieve the level of success that you want to achieve in your business.  True, stupid risks are bad, but taking risks that you have faith in might just be your path to success.

5. Continue To Explore New Ideas

If you don’t keep your mind open to new ideas, your business isn’t going to be able to evolve with the market.  Your business doesn’t just need to keep up with the market, you need to lead it.  Your business needs to be ahead of the market, and in order to do that, you need to continue to explore new ideas, new concepts, new ways to do business.  If you want to innovate, look at the world though a lense of “how can I innovate and improve at what I’m doing,” instead of, “how can I be better than my competition.”  Your competition is a poor metric for success, because they they are who you are competing against.  Copying won’t get you ahead.  The best it can do is tie you for first place, not advance you ahead of who was first place.

6. Hard Work Pays

When you work hard it pays off.  It seems to me, the harder I work, the luckier I get.  This seems true for me across many aspects of my life.  You see, the more I focus on something, the more effort I put into it, the better it gets.  Hard work in the right areas can pay dividends toward your success, because your efforts continue to progress you forward, and progress is the biggest part of the journey to success.

7. Plan, Set, Repeat

As a teen entrperenuer, it can be hard to see into the future.  I found that one of the best things that has helped me do this is setting goals.  When I set goals for myself and then create plans to achieve those goals, I have had the ability to work hard at pursuing my goals and I then have the ability to take the right actions to get there.  If you set your goals, create a plan of action, then implement, you can achieve tremendous amounst, just because you have some idea of what you are doing.

8.Success Is Ever Evolving

Success isn’t just a static thing.  In fact, many would argue that you can’t just get success.  You can achieve what other people think is success, however, most people want to accomplish more.  If you are anything like I am, I hate static.  I hate staying the same, because being static is a sign of not progressing, and that isn’t something that any of us want to do.

9. Manage Your Time

Another thing that I have found essential to my success as a teen entrepreneur is managing my time correctly.  When I first started out working towards my goals, I found it tiring, confusing, and unorganized.  From that point on, I set out to understand how I could create a schedule for myself that was challanging and allowed me to accomplish my goals.  I now have a calendar with my tasks, a to-do list for the morning that I write before I go to bed, and habits that I implement to help me achieve success.

10. Consistency and Frequency Are Your Best Friend

Being both consistent and frequent in the actions that you are taking to achieve your success is a key to really achieving anything.  As I was saying earlier, hard work is essential.  If you don’t work to achieve your goals consistently, you aren’t going to achieve many of them at all.  In fact, if you aren’t consistent and frequent about your pursuit to success, it is going to be extremely difficult for you to achieve the things that you want to achieve in your life.

In Conclusion...

I hope that this list helps you achieve more in your entrepreneurial ventures.  The most important thing to remember is that, no matter your age, if you are alive, you can achieve more.  Keep working towards your goals, work hard, stay hungry, and remember to be great.

 

 
Edition: June 2017

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