In the last issue of Glitch we spoke about how entrepreneurship can be the end to the unemployment rate, in this issue we go on and answer a few questions we think are essential for most entrepreneurs and aspiring entrepreneurs.
How do we prepare young people to become entrepreneurs?
In any endeavor you have to find your niche. If being an Entrepreneur is what you really want then nothing will stop you. These are key insights most will never tell you.
- The first goal of any Entrepreneur is money. Learn the disciplines, the relationship and all there is to know.
- Salesmanship or people skills. Placing value to turn a profit.
- Innovation is the third step. You must always keep up in your field of interest or niche. Keep educating yourself and know who your competitors are and then surpass them. Surpass doesn’t always mean do what they do but it means be yourself and master your craft.
- Never give up, believe in yourself and what you are trying to accomplish. Discipline is the hardest.
How do we help young entrepreneurs become better entrepreneurs?
1. Evaluate Your Actions and Priorities Daily
2. Seek New Experiences Successful entrepreneurs have a habit of seeking new experiences. They get tired of doing the same thing each day, every day–that’s what opens their minds to the new experiences they draw on as they grow their companies. As an aspiring business owner, get in the habit of seeking new experiences. These things stretch your comfort zone and make you more open to the new ideas that will drive your success.
3. Take a Contrast Shower
4. Set Clear Goals
5. Enjoy Helping Others The millennial generation is known for desiring work that is both fulfilling and meaningful; it’s one of the many reasons millennials make such great entrepreneurs. To be a successful business owner, you have to have a habit of enjoying helping others, as this allows you to find what makes your customer happy, produce it, and enjoy the rewards. Not sure where to start? Find a cause that really ignites your passion and contribute to it in some way–whether with your time, your money, or some other resource. Let the excitement you feel carry over to the work you do every day.