Friday, March 12, 2010

The Young Entrepreneurs:-2

It is not that you don’t have to be young to go on your own, but the young can inspire the older folks. Sure the young don’t have to pay mortgages, have families or have too much health worries. But there are examples out there where the people in their forties and fifties have started their own business, maybe it is out of necessity due to this economy or just plain entrepreneurial spirit. And now due to the internet you don’t have to have loads of money to start your own thing. All you need is some internet skills (which I am sure lots of people of all ages now do) and some great or unique idea or need that has yet to be fulfilled.
You don’t have to have a broad customer base to succeed either. If you can find a niche within your own age group or fulfill a need which is not being filled by traditional retailers or website, you can market to these people and see what happens. There is no harm in trying, if you fail for some reason, it will be lesson that you will avoid next time when you start again (I hope) or when you advise someone who is thinking about starting his own business.

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