10th Dec, 2008

Advantages to being a young entrepreneur

Posted by: Matt Wilson
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Categories:
entrepreneurship
lifestyle design



At Under30CEO.com we are constantly asked–”Am I too young to be an entrepreneur?” The answer=NO!. The advantages are HUGE to being a young entrepreneur:

1. You stand out–if your young, you stand out from the crowd, people will remember that about you

2. Mentors–nobody wants to mentor a washed up 50 year old entrepreneur, but what successful businessperson doesn’t want to show the ropes to a youngster?

3. Technology–let’s face it, we know how to use it. The older generation didn’t grow up around it and therefore didn’t invent Google, Facebook, YouTube or anything else cool (haha).

4. Opportunities on campus–state of the art libraries, meeting facilities, computers, printers, copy machines; what more does an entrepreneur need?

5. Professors–How about heading over to the school of business for advice or books from an entire Management, Marketing, IT, Finance, Legals and Accounting departments?

6. Networks–Tap into your Universities alumni database. If they don’t have one, meet with alumni relations, ask professors who’s out there, attend networking events, and my favorite: Google names of famous buildings on your campus ie: Chaffee Center for International Business or google “Bryant University Board of Trustees”. Chances are the person who endowed the building has some good experience you could tap, and the board of trustees will pop up in numerous bios of important people across the internet.

7. You’ve got nothing to lose–house? car? family? Not me, now now.

8. Maybe free rent and meals at home while your bootstrapping your business?

9. You’ll get to laugh at your friends working their 9-5 hating life, while you live the lifestyle you want working for yourself!

10. If you fail you’ll still be young, full of experience and better off than where you started!

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  • 11. Naivety. You don't know how to do things in a traditional way (the "right") way, so you're not tied down by that. It's liberating and leads to huge breakthroughs.
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