5 Practical Business Tips for Teen Entrepreneurs

Starting a business as a teenager is an incredible learning opportunity and a great way to make some money on the side. Statistics show that up to 41% of teenagers would consider starting a business. So, if this is your passion, you’re not alone. Whether your school schedule is light or heavy, you can make time to pursue your passion with good time management. Here are some tips from Kjerstan Designs to keep in mind.

1. Explore Your Motivation

Being clear about why you want to start a particular business will consciously connect you with your passion. Understanding this is important because you will be more likely to persevere through difficulties and stay in it for the long haul. Your motivation can be general or specific. Either way, you should take some time to sit down and explore it.

2. Become a Planner

Planning may be a skill you already possess, but if it’s not, you’ll want to add it to your repertoire. Not only should you get a handle on your daily routine and schedule, but you should also learn how to create a great business plan. Your business plan is your creation roadmap and also gives investors an idea of your financial needs and projections. During its development process, you will also put together your mission statement and a succinct description of what your company does. This will help you better communicate your vision to others.

3. Reach Out to Others

Creating and harnessing a good business network is one of the essential keys to professional success. The saying “it’s not what you know, it’s who you know” illustrates just how meaningful connections are when getting your vision off the ground. Finding a mentor is a great idea, as they can help you navigate many of the tricky situations you may find yourself in. In addition, connecting with other local business owners gives you more opportunities to find support and guidance.

4. Outsource Tasks

With little capital, you may be tempted to handle every task yourself, but complicated projects like building websites or graphic design may not be worth your time. Adding professional help into your budget will leave you more time to learn the relevant parts of your business. Consider using a free tool to edit your PDFs online. This way, you gather ideas and add sticky notes and highlights when working with a graphic designer. Doing this allows you to put all of your inspiration and remarks in one place and saves a lot of time going back and forth or sending images individually.

If you enjoy doing things yourself, explore a video to gif converter to add visual interest to your webpage or newsletter. You can create your own animated gifs by extracting them from videos. Once you upload the file you want to use, select the clip, the aspect ratio, and the file size. Then you can download your new gif to use as you like.

5. Have Fun

This may seem like a frivolous tip, but it’s more important than you think. Running a business can be difficult, but focusing on the positive can help keep the experience enjoyable. Make sure you create an office and working environment that brings you joy and inspires you. Remember that everyone faces obstacles; seeing them as a learning opportunity will help you maintain a positive outlook. In fact, reframing failure is one of the most repeated pieces of advice you’ll hear from successful business owners.

The tips above should help you get started on your entrepreneurial journey. Take everything one day at a time, and you’ll be less likely to get overwhelmed so you can enjoy the ride.

For help with your business’s web design, social media, and ecommerce, visit Kjerstan Designs today!