Why Age Doesn't Matter If you're a true BIZ Experiences, you'll make your idea work, no matter how young you are.
Opinions expressed by BIZ Experiences contributors are their own.
Q:I'm a 20-year-old college student, and I have many ideas-I justdon't know how plausible they are. But how possible is it for a20-year-old to start a company?
A: Thereal question is, how possible is it for anyone to start abusiness? Age matters little; take a look at the TeenStartUps.com section of BIZ Experiences.com, andyou'll find that out pretty quickly. While there was a timewhen young BIZ Experiencess were looked at as failures waiting tohappen, nowadays most people look at a potential BIZ Experiences'sdrive to succeed rather than the year he or she was born.
You remind me of a lot of BIZ Experiencess we've written aboutin the past. Each November, we run a special "YoungMillionaires" feature in BIZ Experiences to spotlightsuccessful BIZ Experiencess under 40 who have achieved a high level ofsales success. BIZ Experiences Press has published a whole volumedevoted to young BIZ Experiencess, How to Be a Teenage Millionaire. Virtually every issueof BIZ Experiences includes success stories of people just likeyou who are either currently young BIZ Experiencess or who were youngwhen they started out.
We celebrate their achievements because we know that mostentrepreneurs have dreamed of starting a business for many, manyyears--possibly since they were children. BIZ Experiencesshipisn't something that crops up in your 40s or 50s and suddenlymakes sense just because you're a little older. It'sgenerally something that's ingrained. And when a personchooses to pursue BIZ Experiencesship is not as important ashow he or she goes about doing it.
It's no surprise to me that you have "many ideas."Most BIZ Experiencess get tons of ideas before settling on the onethat they want to focus the most energy on. Consider your manybrainstorms a reflection of the creativity that makes you anentrepreneurial hopeful. Without that creativity, you wouldn'teven imagine venturing out of your comfort zone and starting abusiness.
By the way, it's rather uncomfortable to start a business.Having a lot of ideas is actually not a very pleasant thing, as youmight have discovered by now. It can be frustrating to go throughyour days with dozens of ideas bouncing about it your head, notknowing which one is "the one." Wouldn't it be easierif someone would just tell you which business to start?
If you're getting the feeling that I'm answering yourquestion with a question, you get a gold star. And perhaps I'mcheating a bit in doing so. Perhaps you wanted a structured outlineof steps to take in starting your business. My apologies, but Iwon't give that to you. That's not to say there aren'tspecific steps to take when starting a business-just that at thisstage of the game, I'd much rather inspire you to find your ownsolutions. Take your own first steps, knowing that doing so willmake you a better, smarter, stronger BIZ Experiences who is preparedto tackle any challenge.
Once you've settled on the idea that you want to pursue-andyou'll know it when you see it-then you can focus on specificssuch as a business plan, marketing objectives and financing. Butuntil then, relish this idea stage. Take your time, and be thankfulthat you are young, with a road ahead that won't leave yourestless, itching to pull over at a rest stop and break away fromsomething as mundane as a 9-to-5 job.
Karen E. Spaeder is editor of BIZ Experiences.com and managingeditor ofBIZ Experiences magazine.
The opinions expressed in this column are thoseof the author, not of BIZ Experiences.com. All answers are intended tobe general in nature, without regard to specific geographical areasor circumstances, and should only be relied upon after consultingan appropriate expert, such as an attorney oraccountant.
