So you want to be an Entrepreneur

Here’s the Ultimate Teenage Entrepreneur Checklist

A fantastic business idea and demand for your products and services are an excellent starting point on your road to entrepreneurship. There’s a lot more involved in making it happen, though.

Browse our teenage entrepreneur checklist for guidance on how to thrive as an entrepreneur.

✅ Define Your Passion
When you’re passionate about your business, you’ll succeed much faster. Be sure to centre your offering on the things you really care about. It could be a hobby, a talent, or interest.

✅ Research, Research, Research
There are so many things you need to know before you start a business. Make sure you find out more about them before you get started. You must know what the demand is for your products and what people think of them. Marketing surveys are a good way to gain candid feedback on these issues.

✅ Find a Unique Selling Point
Explore ways to make your business truly unique in one or more of the 4Ps of marketing i.e., Product, Price, Place, and Promotion.

✅ Discover Your Customers
You can’t find and retain customers unless you know them intimately. Spend time researching who might have an interest in what you’re offering and find out everything about them.

✅ Find a Unique Selling Point
Explore ways to make your business truly unique in one or more of the 4Ps of marketing i.e., Product, Price, Place, and Promotion.

✅ Name Your Business Carefully
A catchy and descriptive name is vital for brand recognition. A snappy slogan to go along with it seals the deal.

✅ Keep Costs in Mind
It takes resources to start a business. So, you need to figure out what you need and where you’re going to get it from.

✅ Consider Your Marketing Options
Consider your options for word-of-mouth advertising, social media, email, and community boards.
Work on an irresistible sales pitch go match your marketing efforts.

✅ Plan to Grow Your Company
Before you even make your first sale, you should have a clear roadmap of where you’re going with your company. Set targets and plan to grow with your customer base.

✅ What if your Business Doesn’t Work Out?

If things don’t go according to plan, know that you can move on. Many entrepreneurs fail on their first attempt.

Failure is no reflection on you. Go back to the drawing board and come back better prepared and stronger than ever before.