Starting a business at 21 years old - My 1.5 year update! - Reddit

To start a business you just have to say “hi, I’m a 21 year old, and have this particular type of company that does stuff” - and then you start to land major contracts. Not only that, but then …


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While at 21, one lacks the experience of success. But you can learn from other people's experiences by surrounding yourself with mentors and coaches, and reading the right books.

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FAQs about Starting a business at 21 years old - My 1.5 year update! - Reddit Coupon?

Should you start a business at 50?

Starting a business at 50+ often brings advantages that younger entrepreneurs simply don’t have: Experience: A lifetime of personal and professional lessons means you’re starting with a deep well of knowledge. Resilience: You’ve navigated life’s ups and downs and come out stronger. You know how to pivot and persevere. ...

Is there an age limit for Entrepreneurship?

Entrepreneurship isn’t just about building a business; it’s about solving problems, meeting needs, and creating value. These skills don’t have an age limit. In fact, research shows that entrepreneurs over 50 are more likely to succeed than their younger counterparts. Why? Because they bring wisdom, perspective, and practical know-how to the table. ...

What do I need to start a small business?

Business licenses, corporation setup, bank accounts, book keeping, accounting, legal advice, etc are all crucial to consider and put into action as well. After all this is considered, then you'll need to work on a storefront (brick-and-motor and/or ecommerce). Will you be offering business to business services or business to customer services. ...

Where can I find free small business advice?

Local is important, because they'll know what regulations apply to you. There are groups who provide this for free! If you're in the US, try the SBDC or SCORE. Or go to your local library and ask if they can direct you to local small business resources. Or just do a web search for your location + "free small business advice" or something. ...

Should I start a small business with a 'running start' approach?

The opposite approach is to begin very slowly and low-cost, minimizing your risk, and then gradually grow your business by re-investing each little bit of profit you get. IMO, you should only take that "running start" approach if you have a good reason to believe that your business will be profitable. ...

How do I start a SM business?

Start formalizing entity (solo, of + co-investors). - Clear up brand identity, website/landingpage. - Lauch SM-accounts (non-prio) + combine with social proof from your feedback partners. - Create launch/marketing package for your feedback partners/affiliates with optional aff.%-share. - Think about scenario's: if 1k users, then. ...

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