10 step to become young entreprenuer

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Information about 10 step to become young entreprenuer

Published on February 17, 2014

Author: SeizeYourFuture

Source: slideshare.net

@albertwanasida AYO, JADI PENGUSAHA MUDA!

10 Steps to Become Young Entrepreneurs @albertwanasida Goal setting is vital for future success Teaching your children how to set and accomplish their goals is a fun and exciting activity! Did you know that written goals are over 80 percent more likely to be achieved? Imagine the possibilities!

10 Steps to Become Young Entrepreneurs @albertwanasida They must learn how to recognize opportunities Many people never meet their full potential because they fail to recognize opportunity. Teaching your children to seek out opportunities and take action on them, will directly contribute to their level of future success.

10 Steps to Become Young Entrepreneurs @albertwanasida Selling is involved in every part of life This one ability will last a lifetime because it is applied to all types of businesses and careers. From selling products and services to customers, to raising capital from investors, this skill is vital to the success of any business.

10 Steps to Become Young Entrepreneurs @albertwanasida Financial literacy is a must This is one area that we all could use help with. Teaching children about money at an early age will instill a financial foundation that schools often fail to teach.

10 Steps to Become Young Entrepreneurs @albertwanasida Inspiring creativity will build marketing skills Teaching kids about marketing is a great way to prepare them to attract customers to their future business. As you know, without customers, even the greatest business will fail. This is a very beneficial skill to learn while young.

10 Steps to Become Young Entrepreneurs @albertwanasida Some Schools are wrong about FAILURE In school we were all taught that failure is bad. In the entrepreneurial arena, failure can be a great thing if a positive lesson is learned. Napoleon Hill, author of Think And Grow Rich, states that, “Every failure carries with it a seed of equal or greater benefit.” Allowing your children to fail will force them to create new ways to accomplish their goals and learn from their mistakes. This will lead to confident children who know how to persevere when times are tough.

10 Steps to Become Young Entrepreneurs @albertwanasida Effective communication improves all relationships Most children today are terrible at face-to-face and telephone communication because of the popularity of social media and text messaging. Successful businesses require that people actually speak to one another. Teaching your children to communicate effectively will provide them with the winning edge in business and in their personal relationships.

10 Steps to Become Young Entrepreneurs @albertwanasida The art of giving back creates happiness Why start a business if it doesn’t support a greater cause? It is important for your children to develop the characteristic of helping others. This attribute will allow your children to stay humble during periods of great success and it will give them the insight that a successful business provides benefits to more than just it’s owner. People that contribute to the success of others live happy and content lives.

10 Steps to Become Young Entrepreneurs Independence creates confidence Wouldn’t you love to have independent and successful children? Of course! The entrepreneurial mindset causes kids to depend on themselves for their own success, which leads to wellrounded adults and future leaders. @albertwanasida

10 Steps to Become Young Entrepreneurs @albertwanasida Get the advantage by becoming a leader now Children are taught in school to go with the flow and follow the rules. They are programmed to learn and memorize facts instead of becoming independent thinkers. Entrepreneurship forces children to think “outside of the box,” create unique solutions, and lead others. This will make your children leaders at an early age, and it will result in more income, opportunities, and selfconfidence, in their lives.

CEOs Who Started Companies as Kids Devon Rifkin, The Great American Hanger Co. From the time he was 10 years old, Devon Rifkin understood the value in the simple things. Growing up in Miami, Rifkin made money buying Blow-Pop lollipops from his local drugstore and then selling them to his classmates at Southwood Elementary School. His business became so popular that he had his parents contact the company so he could sell the lollipops by the box. Later, he found success with hangers. In 1999, he started The Great American Hanger Co., which makes clothes hangers for big companies like Bloomingdale's and Nike.

9 CEOs Who Started Companies as Kids CEOs Who Started Companies as Kids Aaron Kennedy, Noodles & Co. When he was eight-years-old, Aaron Kennedy started two seasonal businesses in Elburn, Illinois – selling greeting cards in the fall, and selling vegetable-seed packets door-to-door in the spring. "I sold to anybody I could get to on my bicycle," Kennedy says. To better understand the customers’ needs, he planted seeds and tended to a garden in his own backyard. Today, he runs Noodles & Company, a 12-state franchise of restaurants that grossed more than $200 million in revenue last year.

CEOs Who Started Companies as Kids Katrina Markoff, Vosges Haut-Chocolate Sometimes it’s all about making a product that people love. And who doesn’t love sweets? At age seven, Katrina Markoff was already pleasing customers selling treats she made in her Easy Bake Oven. As she got older, she sold her creations to local stores and country clubs and was trained at Le Cordon Bleu, one of the world's best cooking schools. It’s no wonder she became a gourmet chocolate maker. Today, her company, Vosges Haut-Chocolate, sells over $17 million of her creative chocolate treats.

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