Startup tips for young entrepreneurs - February2015

Some of the biggest companies in the world, started young, from garages, college rooms and dorm rooms rose itself to some of the legendary business leaders the world knows today. Bill Gates, Soichoiro Honda, Mark Zuckerburg, Steve Jobs, and countless others left their names permanently imprinted in the hall of fame.

Here are some tips to give your career a booming start.

Pursue what you Love

This is certainly first and the most important step, for starting a business.

Steve Jobs in his Stanford University said,

"Your work is going to fill a large part of your life and the only way to be satisfied is to do great work. And the only way to do great work is to do what you love."

Be prepared to Fail

Sounds scary, right? But this is what most world renowned entrepreneurs will advice you. Soichoiro Honda said that success is 99% failure. Most people fail in the business venture not because they fail, it's because they give up. Howard Schultz, the founder of the best coffee selling company Starbucks was rejected over 242 times by banks, but persistence and belief in his work made him establish the biggest coffee brand in the world.

Don't walk alone

You don't build a business; you build people who then build the business. Finding an efficient and hardworking business partner and a team is the key to entrepreneurial success. Some of the most successful businesses started in duos like Google by Sergey Brin and Larry Page & Berkshire Hathaway by Warren Buffet and Charlie Munger.

The world needs passionate entrepreneurs for entrepreneurs create jobs, lift the standard of living, bring about new ideas and innovations and make this world a better place to live. So dream big; start small – Act Now!

Vineet Pandya
XI B Tejas Vidyalaya

 

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