Never Give Up
Probably the last piece of advice I like to offer that helps in motivating young entrepreneurs is to never give up. If you’re idea catches the attention of any one person, you can find interest in other people and places.
If you borrow money from family or friends, pay it back and if you have to be late on a payment, let them know, they’ll most likely understand.
Listen, really listen to your customers. Survey them and offer something free for their participation. Find out what they want and make sure you get it.
Use small business resources that are free. Don’t pay business development firms to help your business grow. Do it on your own by learning everything you can from free sources. Places like the Small Business Administration, SCORE, and local economic development centers are full of knowledgeable people who have been in your shoes. Learn from them, even if they sound like dinosaurs. Sometimes the old way can still be the best way.
If you’re young and starting your own business, look in the mirror each day and say, “If it’s going to be, it must start with me!" Those words are enough when it comes to motivating young entrepreneurs. Rely on yourself, the skills you learn along the way, and most importantly, learn from your mistakes.