10 Tips For Success From A Teen Entrepreneur 青少年创业的十条秘诀

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10 Tips For Success From A Teen Entrepreneur: Brendan Cox

Teens are no less capable than adult to initiate an innovative startup project, we do so lots of our students showing excellent entrepreneurship quality.

Here are the 10 Tips For Success From A Teen Entrepreneur: Brendan Cox, it will be inspiring and interesting for you teens to read:

1. Action Over Words 行动重于语言: Take action and stop spending months perfecting every little detail on your business plan. Jump in and learn as you go. One of the perks of being a young entrepreneur is that your life doesn’t depend on the success of this company. Talk is cheap. It’s easy to make it look like you’re doing a lot, when really all you’re really doing is talking about the things you want to do. A lot of people start businesses without planning any proper course of action, and things tend to fall apart. You need to know exactly how you’re going to make something happen before you tell people you’re going to do it. Customers lose confidence in businesses that talk but never act.

2. Set Realistic Goals 设定务实目标: Setting goals is one thing but setting realistic goals is something different entirely. Your goals need to be challenging but still accomplishable. People tell me every day that they want to go from 0 to 100,000 followers on Instagram in a week but it’s not realistic.

3. Don’t Start a Business to Make Money 不要过度追求盈利目标: Yes, I know that phrase sounds extremely contradictory. What I mean by this is to start a business doing what you love and are passionate about. Don’t start a business with the sole purpose of making money because you will lose interest very quickly and the business will flop.

4. Connections are Key 关系很重要: I can’t stress this enough. Connections are everything in business. In the business world, it’s all about who you know not what you know. Build a network of people for everything so that way you have a person for everything.

5. Social Media is Everything 社交媒体太重要: If your business isn’t on social media, you barely have a business these days. Think of social media as a way to share your business among millions of unique users on a daily basis. Use social media to your advantage when it comes to marketing your business and creating an image for your brand.

   BTW, don't forget to sign up for our International YIEC
   

6. Don’t Be Afraid to Fail 别担心失败: Failure sucks, don’t get me wrong. I lost $10,000 in 8th grade after investing in an account to build a targeted Instagram brand. Then one day, the platform suddenly deleted the account. There’s no point in keeping your head down, use your failures to motivate you to succeed more. Capitalize off what you learned from failure.
   

7. You Don’t Know It All 你需要不断探索学习: Education is a life-long process, nobody knows everything. You should always be willing to take advice and listen to others. Platforms and the business world are always changing. No matter the age or experience, listen to that person’s advice and then apply it to your knowledge and business so you can continue to expand and adjust.

8. Understand Competitive Value 明白你的竞争力: Use your competitors as motivation. Allow them to push you to improve your company and your skills set. But don’t become obsessed. Understand the value of competition and use it to focus more on your company. Don’t get sidetracked by your goals, while staring at someone else who is achieving new heights.

9. Believe in Yourself 自信很重要: Stop second-guessing every decision you make. Just because it hasn’t been done, doesn’t mean it won’t succeed. When running a business, you are going to make mistakes whether large or small. It’s okay and it’s part of the process. You can do it, so stop telling yourself you can’t.

10. Invest in yourself 投资你自己: If you want to grow and become better, you need to re-invest in yourself and your company. It’s okay to not always make progress or profit overnight. Success takes time and you need to be willing to understand that, and invest time and efforts on your future success.

    About author: Brendan Cox is the teen founder of Cox Visuals, the All Up In Ur Business Podcast, Teen Assistant 

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