This is a new video from Entrepreneur.com that features 3 successful young entrepreneurs offering staple advice for starting a business: mistakes to avoid, actions to take, who to consult, etc.
Some of you might have noticed that some of the 3 offer contradictory advice, but that’s the beauty of being an entrepreneur — the path is different for everyone.
- Grace Ng of Javelin: Recommends market analysis, over diving in straight-away with no clue if your product has any reach-ability.
- Jesse Lear of V.I.P. Waste Services: Being young and naive means that you don’t have to sit back and ponder every aspect of your business before you launch it. Dive right in and learn, make mistakes and find mentors along the way. Check to see who’s doing your idea before you go, then do it.
- Jonathon Nostrant of IVEE: Find a mentor and make sure you have passion for the industry you plan to enter. It’s the passion that will carry you through the low times. Try to do a business you like so much that it doesn’t feel like work at the end of the day.