Being Young Research Paper

First of all, why would you want to start a business in the first place? Most people think that the reason for starting your own business is so that you can make a lot of money and retire rich. This is a great idea but it is not the real reason that people take the risks of entrepreneurship.

The purpose of this essay is to critically discuss 2 debate topics using both opposing sides, for and against, in order to create an academic argument for each topic. Debate 1 will argue the points of “Starting a small business is too risky or can anyone do it?” will be supported with references of journals and articles. Debate 2 will analyse the for and against argument for the topic of “To fail to plan is to plan to fail: you must plan” where academic articles will be used to back up each point made to for each side of the debate. Business has been a foundation in society for centuries but only within the past 10 years has the UK government promoted SME’s (small and medium enterprises) and encouraged the public to invest in creating a business with incentive grants and education programmes such as Business gateway and the hatchery.

"If opportunity doesn't knock, build a door." -Milton Berle There is rarely an opportunity given to to you in life. Most of the time you create the opportunity for your self. I as a student of Youth Entrepreneur, I have realized nothing is given to you. When creating a business that you will own, you will be on your own, and will need to find help or research how to do it.

1. When you love what you do, it's not work, it energizes you. Whether you want to start a business, or achieve overall greater business success, you must start with a burning desire. There will be roadblocks and detours along the way. Without the fuel of passion and feeling of purpose, it's easy to become overwhelmed, lose focus and give up entirely. When I was in sales, I loved going to work and having that "customer connection." The only reason I eventually left was I possessed an even greater passion for "connecting" through speaking, training and writing. There's a strong sense of accomplishment

The reasoning for young teens to consider starting their own buisnesses is a great idea. There are alot of teenagers who are smart, ambitious and are very much interested in becoming young entrepreneurs. There are already some teens who have turned hobbies or things they like to make or do into a way to earn cash. In several cases, not only have these ventures turned into more than wonderful ideas but also small buisnesses which became

My lack of experience in creating my own business certainly poses a potential threat; however, I am determined to succeed and determined to surround myself with a team that possesses the strengths that I lack. I am confident that my strengths will outweigh my weaknesses if I am willing to do this. I also think that my commitment to maintaining loyalty to

To conclude I would cite the philosopher Ralph Waldo Emerson: “Do not go where the path may lead, go instead where there is no path and leave a trail.” Being an entrepreneur means being able to go where nobody else went before you, being able to take risks, being able to see opportunities where nobody has looked before you… In my mind there is different ways to succeed in

The timing and conditions may never be right. The markets could crash and the world could end tomorrow. Or not. If you spend a lot of time with elderly people, you'll find that what they regret the most is letting fear (fear of the future, of what people will say, of failing) prevent them from going for it. If it's still in your mind, it matters, regardless of how much your fear has stopped you in your tracks up until this point. Just try it, even on a smaller scale. Perhaps instead of going full-time with your business, you commit to 20 hours a week.

To run a successful business, you’ll need some expertise in your chosen industry, and a good working knowledge of sales, marketing, purchasing and human resources.

There's something exciting about operating your own business. However, experts cite that nine out of ten startup businesses are doomed to fail. The most pressing reason for failure from that study was the product being manufactured. A close second, however, was financial mismanagement.

Overcoming fears is an important part of being an entrepreneur. Starting a new business and taking a chance can be frightening. Taking a leap is a necessary step in life. We do not always know what the outcome of our choices will bring. But the only way we fail is when we do not try. I learned to be my best self I must overcome my fears and go for my dreams.

You want to start a new business but you feel like you may fail or you might not have the

"Entrepreneurship requires departure from the comforts and security of "normal life" (Toren, "Entrepreneurship as the Hero's Journey"). Being an entrepreneur is a lifestyle, a way of life that's different from an ordinary "9-5" job norm that most workers are used too. Risks that must be taken in consideration with becoming an entrepreneur involve abandoning the steady paycheck, and donating personal time and health. (Demer, “Risks Entrepreneurs Must Take”) Entrepreneurs must be prepared knowing there isn’t a guarantee for personal income. Entrepreneurship takes a toll on the average person. You’ll spend countless hours doing work to make your company successful. (Demer, “Risks Entrepreneurs Must Take”) Bill Carmody, founder of the digital company

Starting a business is the latest trend. Just take a look at Instagram. Several profiles have the caption ‘Entrepreneur’. At this very moment, there is someone, somewhere working on an idea, a business plan or launching a startup. Entrepreneurship is on the rise like never before. The flexibility and independence that comes with being one’s own boss is attractive and worth taking the leap in starting a business. However, most people don’t know that being an entrepreneur is a grueling journey that can be very lonely and stressful at times. According to the Small Business Administration (SBA), 50% of businesses fail during the first year. Starting a business can be a scary task, but the

Starting a business is a multi-step process that can be overwhelming when faced alone. Regardless of businesses location, whether it is a third world or a fully developed country, launching and maintaining a healthy production can be a very complicated and perplex procedure. But with enough patience and knowledge, even the hardest dreams can be achieved. Looking around us we see countless of businesses flourish everyday, and even more to fail, preventing many people from taking a risk and stepping into the world of entrepreneurship. But knowing what you want and where to look for it will guarantee a successful and fully developed commerce.