how can I set a path to be successful at a young age?
I am 16
I want to start a business and be a young entrepreneur
any advice on certain books to read or habits that will help
Paul Goetzinger MPA
1. Follow your Core Values. Set high and well established values. These include your philosophy on everything from how to treat people, to your philosophy on education and service to others. Things you will never compromise.
2. Get a good education. Set high educational goals. Complete a bachelors degree and learn as much as you can in school.
3. Follow a reasonable financial philosophy. Set goals for saving and investing money. Save and invest for the long term.
4. Learn from mistakes. We all make mistakes, but do not view them as a permanent setback, they are only temporary. Learn from the adversity, and become a better person as a result.
5. Never compare yourself to others, try to be better than amyone else. Instead, never cease to try and be the best person you can be.
6. Read Books. We can never stop learning, and the best way we learn is from reading. John Wooden's Pyramid of Success is an excellent one.
7. Follow a Growth Mindset. Abilities and skills can be developed through hard work and dedication. Develop a love if learning and a resilience that is essential for great achievement.
Success is peace of mind, which is a result of self satisfaction, in knowing that you did the best to become the best that you are capable.
1. Stay curious. As you journey through various aspects of life such as school, home, friendships, interactions with teachers, movies, games, and so much more, always question why things function the way they do. Also, keep an eye out for opportunities to improve anything you come across.
2. Practice journaling. Make a habit of jotting down your thoughts and ideas. Revisit these notes on a daily, weekly, and monthly basis to reflect and build upon them.
3. Begin working on something, no matter how small. The lessons you learn from this experience will prove invaluable in improving your future endeavors.
4. Embrace failure. There will be times when you choose a path that doesn't resonate with you, or things don't go as planned. That's perfectly fine. Learn to let go and swiftly move on to the next opportunity.
5. Enjoy the journey. While many people worry about wealth, success, fame, and grandeur, remember that the journey is often more meaningful than the destination. The process of achieving your goal is just as, if not more, important than the goal itself.
Below are my suggestions :
1. Keep a habit to read business related books especially sharing on start up experience
2. Think about what industry you would like to start your own business, e.g. what you have interest or strength
3. Analyze the industry, e.g. entry criteria, competition status, any alternate substitutes, etc.
4. Take the industry relevant courses and management courses in the college
5. Work in the industry sometime to understand the business model and establish people network
6. Attend industry related seminars regularly
7. Start the business online if possible
Hope this helps! Good Luck!
Kudos to you for taking the first step towards your entrepreneurial journey by seeking advice on future success!
Platforms like Google, YouTube, and even TikTok are brimming with insights from successful entrepreneurs. They share valuable advice, effective strategies, beneficial habits, and more, all aimed at guiding you on your path to success.
Moreover, higher education can also play a pivotal role in equipping you with the knowledge and skills required to thrive as an entrepreneur.
Best of luck!
Jerome Dees Jr.
If that’s not an option, I’d also look at SCORE which offers similar resources.
I started my first company at 22 and learned a ton. I’d recommend giving it a go.
I love this question. The definition of success lies into your inner core of what truly makes you happy, even if you didn't receive a dollar for it. Think about that as you move forward. Yes, money is important to take care of yourself and family however these steps can help.
-Get mentors in high school and in college
-read as much inspirational books or materials in leadership qualities
-learn the arts of proper communication; interpersonal and intrapersonal communication is key.
-take psychology and social science classes to understand human behavior
I have no doubt you are successful now more than you can imagine and will blossom to more success of your dreams, sooner than you think!
James Constantine Frangos
James Constantine’s Answer
If you're aiming to make a splash in the world of entrepreneurship at a young age, here are some key steps and good habits that can really give you a leg up.
First up, never underestimate the power of Education and Knowledge. Keep feeding your mind with information about business and entrepreneurship. Books are a great way to do this - they're like having a conversation with some of the best minds in the business! Some top picks for young entrepreneurs like you are “The Lean Startup” by Eric Ries, “Rich Dad Poor Dad” by Robert T. Kiyosaki, “Zero to One” by Peter Thiel, and “The $100 Startup” by Chris Guillebeau.
Next, focus on Developing Skills. As a budding entrepreneur, you'll need a wide range of skills. Communication, financial literacy, problem-solving, creativity, and adaptability are all key. Try joining clubs, volunteering, or getting involved in other activities to practice these skills.
Networking and Mentorship are also super important. Surrounding yourself with mentors and people who share your passion can give you a lot of support and guidance. Try to connect with professionals in the industry you're interested in, go to workshops or seminars, and consider asking local business owners to mentor you.
Financial Literacy is a must. Knowing the ins and outs of personal and business finance will be a huge help when you start your own business. So, learn about budgeting, investing, and managing cash flow.
Time Management is another crucial skill. You'll need to balance schoolwork with your entrepreneurial dreams. Make a schedule that gives you time for your business ideas, but also keeps your schoolwork on track.
Resilience and Perseverance are key. Being an entrepreneur means facing challenges and setbacks. But with resilience and perseverance, you can overcome these obstacles and stay motivated.
Always be on the lookout for Opportunities. Internships, part-time jobs, or getting involved in local business ventures can give you valuable hands-on experience.
And finally, Embrace Failure. It's just part of the journey. See each failure as a chance to learn and grow, and you'll be on your way to success.
These habits will help you lay a strong foundation for your future success in business.
The information above is backed by authoritative references like the Harvard Business Review, Entrepreneur.com, and Forbes.
Wishing you all the best on your journey, Isadora! May you be blessed with success.
Everyone must invest in personal growth and engage in activities that yield rewarding outcomes. As the saying goes, "no pain, no gain." To truly succeed, one must commit to a strict discipline of both the mind and heart. Remember, not everyone will achieve success simultaneously. Some may find success early in life, while others may find it later. However, the timing of success is irrelevant. Success isn't about competing with others, but about surpassing our own limitations and coming up with innovative ideas.
Maintain a laser-sharp focus on your dreams and goals, and in time, you'll reap the fruits of your hard work and dedication. If you're interested in business, consider learning from the masters of success like Robert Kiyosaki, author of "Rich Dad Poor Dad," Anthony Robbins, Warren Buffet, and others. These individuals have made significant contributions to the business world.
In the end, while many people aspire to become wealthy, the ultimate goal is to find happiness and spend quality time with loved ones. So, keep striving, keep learning, and keep growing. Your success story is just around the corner!