Advice for Millennial Entrepreneurs5:29 PM
Startups at early age can leads you to become Millennial entrepreneur . Being young entrepreneur is not disadvantage in business anymore. If...
Startups at early age can leads you to become Millennial entrepreneur. Being young entrepreneur is not disadvantage in business anymore. If they learn to channel their energy and emotion, they can run a company successfully. Young millennial entrepreneurs have built new businesses and they've changed the career expectations for a whole generation.
The generations of a few decades back says that, "millennial's have some attention deficit, a sense of entitlement and little patience." That generation were happy in living without adventure and risk by doing a reliable job and they wouldn't changed their job and lifestyle. However, we saw many dramatic change in the industry in the current decade. Young entrepreneurs loves to take risk to change the millennial views. The Millennial want to be business owner, instead of doing job as employee.
Here is what you should learn earlier to be successful leader and entrepreneur (Specially if you are young):
1. Stay Powerful
Starting a successful business requires constant enthusiasm and no rest. You need to be excited about the product or service you are offering; If you are not, no one else will be. In addition, enthusiasm is contagious. And your enthusiasm can help you ensure sales and business contacts, as well as build a committed and energetic team. Your Generation X and Boomers colleagues will be able to corroborate you: you will never have as much energy (and strength to work at night) as you currently have.
2. Be impatient
Ironically, sometimes the same people who tell you not to be so impatient are the ones who will remind you that the one who advances before is the one who wins. What you often do not notice is that your impatience is the same that you want to win and achieve your goals. So take advantage of that impatience to turn it into fuel. When a problem arises you do not feel like waiting for it to be resolved. Act and solve it immediately. The speed and your will to produce immediately are the ones that will serve you to generate results.
3. It takes risks
Starting a business always requires taking certain risks. Fortunately for you, that is somewhat partially easy to do these days. When you are young, you have less to lose if the business fails. So if you think you have a good idea, try it. At least you will learn something.
4. Stay social
Do your parents ask you to help them with "Twitter"? When you finish putting your eyes on, consider the advantage you have in this area as an entrepreneur. Social networks are indispensable to expand your network of contacts, increase the positioning of your product and build your brand. While senior entrepreneurs you are probably struggling with these means, it is natural for you.
5. Get help and advice
Smart entrepreneurs know how and when to ask for help. Look for mentors, consultants and entrepreneurs you admire, and read about successful inventors and entrepreneurs constantly.
6. Hire experience
There will always be a lot to learn from people who have experience. Consider hiring someone older than you when it makes sense. In this way, you will be able to arm yourself with a team that has the benefits of youth and experience. Mark Zuckerberg hired Sheryl Sandberg, a woman with more than 15 years of experience. Both could contribute in different ways to keep the balance in the company.
7. Maintain relationships
Forming and maintaining personal and real relationships is good for business, and is generally best if it is face to face. I love networking on social networks, but it has never been a replacement to meet someone in person. So take your eyes off the screen and meet people. What are you waiting for? Your next client is waiting for you to find it.
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