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COPY from Business Resources at http://www.corporatejourney2u.com/business/young-and-restless-is-best-time-for-business.html

When you are young and restless, it’s the best time to start a business in today’s world.
Look around, and you’ll be amazed by how young millionaires could be nowadays, and how many people are start enjoying early retirement life in their own ways.
What does it takes to be able to retire young retire rich ? Why is your youth your advantage when it comes to starting a business?

Young and Restless, The Real Golden Years
Millions of people are living in fear because they followed conventional wisdom: Go to school, get a job, work hard, save money, buy a house, get out of debt, and invest for the long term in a well-diversified portfolio of mutual funds. They need a new plan.
If retire young retire rich is such a good idea,why should not we go for it?
If you could observed clearly, many people gain their success earlier in life nowadays. Look at people such as Bill Gates (Microsoft), Michael Dell (DELL), Milton Hershey (Hershey Candy/Chocolates), Fred Smith (Fedex), Steve Jobs (Apple), William Hewlett and David Packard (HP) and many thousands of other young people who started business and became successful.
2 of the main reasons why millionaires are becoming younger and younger are:
1. Qualifications Barrier
Entrepreneurs don’t need degrees like lawyers and doctors do. They are credentialed by virtue of their track record.
2. Information Age
The rules have changed. We are no longer living in the industrial age, even though we still have industrial age businesses and people around (the same goes with agriculture). Today, the one who rules are the one who knows how to fully utilize and monetize informations (look at Google and Facebook).
Young entrepreneurs are not anomalies. They are just ordinary people like you and me.
If you want to retire young retire rich, you must first breakthrough the mindset, your young and restless age is the best time for business, and is your real golden years in life, not the conventional media portrait for the retirement aged of 55 or above.

5 Reasons Why Young and Restless is Best Time for Business
Here is your realistic A-list of why starting a business at your youth is an advantage:
1. Young and Energetic
When you are too energetic, you exceed your expectations pretty easily. It is hard to missed your target or perform below your expectation. People expect less from young people, and you can easily outperform the expectations, making name for yourself with the media.
2. Little Competition
How many youths in your peers or your neighborhood are entrepreneurs? Many people are still following the old financial advice for their life even today. Accomplishment during the college years are more impressive than those in your working years.
3. Resources
Many governments, non-profit organization and individual agencies are supporting youth entrepreneurship nowadays. There are handful of resources over the internet for your research and study, and access to informations you could never imagine years back.
4. Low Liabilities
When you are still young and studying, it’s most likely you have your income stream from your family. And some of you may have the scholarship or sponsorship for survival the college age. It is something you can always fall back on. You probably won’t be starving or lose your mortgaged house in the process if you failed.
5. Top Performance
When you are not so connected to the real world, it is most likely your perspective on the world is fresh. You are able to see many opportunities that haven’t been exploited. You have the chances to seize the unique opportunities and capitalized on them when you are still young. You could be working on something you are passionate about more than 10 hours a day, without feeling really tired.
You hold in your hand the power to make a rich life for you and your loved ones. And now you know that when you are young and restless, it is the best time for business.

Still, you think the names and corporations mentioned above are too big for you. How about refer to Inc.com’s 30 Under 30: America’s Coolest Young Entrepreneurs (they seems more closer to the ordinary people):
http://www.inc.com/ss/30-under-30-americas-coolest-young-entrepreneurs

1 Comment:

  1. Dave said...
    Great Post !

    5 points are excellent and very useful for to starting a business with youth.

    :)

    Student of international business school

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