In the past, people assumed that only old, wealthy and experience people can grow a successful business. There was huge barrier that held young entrepreneurs to gain the same opportunities to be successful running their own business. In this 21st Century, it has changed somehow. There’s a lot of young people are interested to start their own business now. However, there are still stigma and stereotypes of being young while managing business. In some countries, this still exists. Instead of being seen as potential, youth is considered as liability.
Gaining respect as young entrepreneur
There are many challenges in running your own business especially when you are young and inexperienced. However, there is no rule saying at what age you should start your own business. The sooner the better indeed, because then you have more opportunities to seize. You can lower the age barrier by developing the right attitude. Here are several tips to gain respect as young entrepreneur in the community.
Expect and Anticipate Challenges
This would come especially regarding to stereotypes from older entrepreneurs. Those obstacles are to expect when you start your business young. When you already anticipated and expected them, you will be more ready to face them. You know what to do to prove yourself. Be aware of what kind of perceptions people around you give to young entrepreneurs. This way, you can be more prepared to fight your way.
Build Credibility Slowly and Steadily
It is not easy to build credibility in business even for experienced entrepreneurs. It is not something to win overnight. It is built based on dedication, honesty, and reliability. Being young means you have more challenge to build your credibility. However, you don’t have to be in a rush to do so. You can do it step by step. Build your credibility among your community first, then you can scale to the next level later.
Use technologies as your differentiator. The benefit of being young is that you are already familiar and exposed to advanced technology. Most young entrepreneurs use technology to build successful business. Internet is a powerful tool for business. The use of technology is also an efficient way for you to seize opportunities quickly.
Read More: Tips to Become a Professional Startup
Use the Power of the Internet
The benefit of being young is that you are already familiar and exposed to advanced technology. Most young entrepreneurs use technology to build successful business. Internet is a powerful tool for business. The use of technology is also an efficient way for you to seize opportunities quickly.
Think Fresh. Think Differently
Use your fresh minds and creativity to think ahead and differently. You don’t have to be afraid to be bold. In fact, it is needed sometimes in the business to show your boldness. It shows your spirit and fierceness in reaching your goal. Gaining respect is not about making people scared of you. It’s about make people admit your ability, credibility, and reliability as entrepreneur. When you are bold and creative in solving problems, people will recognize your worthiness.
Do the Networking
Remember that network is crucial part in building business. You can also use network to gain respect. There are many ways to build network such as using social media, attending seminar, etc. Use the opportunity to connect with investors, advisors, experienced entrepreneurs, consultants, etc. Don’t hesitate to reach out first.