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CHALLENGES FACING YOUNG ENTREPRENEURS - lack of experience - lack of knowledge - no credit history - no collateral.

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Presentation on theme: "CHALLENGES FACING YOUNG ENTREPRENEURS - lack of experience - lack of knowledge - no credit history - no collateral."— Presentation transcript:

1 CHALLENGES FACING YOUNG ENTREPRENEURS - lack of experience - lack of knowledge - no credit history - no collateral

2 HOW TO GAIN EXPERIENCE BENEFITS FOR YOUR FUTURE BUSINESS - part-time job - summer job - volunteer work - school leadership positions - learn about how to act in a business - develop contacts - networking - savings - firsthand knowledge

3 STRATEGIES FOR ENTREPRENEURIAL SUCCESS 1.Think first – PLAN Your business idea Consider all problems from all perspectives. This allows you to anticipate and overcome obstacles before they arise Impulse decisions can be bad decisions

4 2.Believe in Yourself Resist pressure to conform. Be confident in your own abilities Entrepreneurial insight is a unique way to see opportunities.

5 3.Enjoy the Challenges a venture should be - challenging - allow you to be creative - suit your personality - be compatible with your goals

6 The Summer Questions… 1.Where are you going to work this summer? Describe your job including the tasks that you will perform at that job. (if you don’t have a job lined up, make it up – always lie when you don’t know) 2.Where do you see yourself working in 5-10 years? Describe that job. 3.Describe how you might use technology ie computers in a future job?


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