Being a teenager in many respects is tough, not so much financially, for most teens, but mentally and emotionally. It’s a wild period, you’re surfing through each day trying to decipher who you are, what you should involve yourself in, who you should hang out with, and the list goes on. Add on a desire to run your own business and an already complex equation becomes downright messy.
However, there is good news, very good news actually. I don’t mean to be cute here but before I give you the five secrets we need to have a little reality check. Not to insert myself, but I will anyway, as well as tell my age but I was once a teenager…not too long ago. It was the 90’s and I was dying to be a businessman. Becoming a successful businessman occupied my mind to the point of obsession. I worked very hard to make something, anything, happen. My best friend was the yellow pages and a volume library that my father bought for me of which at the time served as my internet. I still have that volume library as a means of keeping me grounded and focused. That’s not even all of it! If ever I needed to conduct extensive research I had to make time to catch a ride to the public library and dig through mountains upon mountains of books. So why am I telling you this? Well, today you have all the information you need and more at your fingertips. I want you to ditch any notions that you are somehow disadvantaged as a teenager. If anything, you hold the ultimate advantage. No responsibilities, yet, and you’re growing up in the most information rich period in human history.
If you apply the following secrets I can assure you, by my own experience and that of others, that you will achieve some level of success. It’s not a matter of if, but when.
Independence: The biggest hurdle you will face as a teenage entrepreneur is peer pressure. Friends wanting you to go here, try this, not to mention everyone else around you loaded with expectations and demands. If you can set yourself apart and take a stand in what you are shooting for you will not only overcome such peer pressure, but inspire others to follow in your footsteps. This was something I personally experienced and we know it to be true across time and geography. Leaders who set the pace are always looked up to for guidance.
Make up your mind that you will commit to the task at hand and follow your own path. Accept the fact that you will upset some people. Let’s face it, building something special, like a business, requires a high degree of selfishness. This is not to be rude or mean, but in order for you to make the most out of something it’s going to require a significate time commitment.
Delayed Gratification: As a teenager you are faced with this problem times two! Generally, teens lack this skill and unfortunately, and often, carry it over to adulthood. I should mention that most adults lack this skill as well, and of course that has everything to do with how they were raised and developed during their formative years. I urge you to take this step seriously and do everything you can to control the urge to have what you want “now”. You can practice delayed gratification in many ways, for example; try avoid eating your favorite sweet for a week or two – If you want to shoot for the stars then you might want to go with cutting out video games for a couple of weeks. The goal is to become friendly with the urges that at every waking moment tries to get you to act against your decision. If you are thinking; “I can’t meet those requests” then you will undoubtedly fall victim to the “urge” monster lurking behind every thought that we have.
By practicing delayed gratification you will learn patience and self-control. No longer will you be victim to the sway of society, bending and shifting in whatever direction the social-mill blows.
Persistence: There isn’t enough to say about persistence. Perhaps the best piece of advice I can give you as it pertains to persistence is this; Don’t give up. I know that sounds cliché as hell, and it is, but it’s so popular for a reason. The main reason people fail, or dare I say the only reason, is they give up too early.
Please note that persistence does not mean going through the motions. Just because you are actively doing something doesn’t mean that you are being productive. True persistence is giving your all each time, thinking through challenges instead of just floating in hopes of getting by.
Appreciation: What this will do for you as a person and a professional will go far beyond any business you will ever run. Having appreciation for who and what will determine many things for you. For instance, how people will view and interact with you. When it comes to appreciation I am also referring to the so-called “negative” things that happen in your life. Maybe you get a job that absolutely sucks. Well, you can show appreciation by extracting every possible thing out of the experience. This will no doubt make you a better person and professional. You will become more useful to yourself and those around you. While studying for my first college degree I spent years working one of the most stressful, boring and meaningless jobs you can imagine. However, I decided that I would use it to improve my typing, communication and negotiation skills. It was a company that handled third party complaints for thousands of companies, including Kmart, Kroger, Waffle House, White Castle, and the list goes on. Trying to calm a person down at 2am while being called every name in the book will surely help you navigate tough situations.
1000 hours: You’ve probably never heard anyone mention this before. Research shows that 10,000 hours, on average, is needed for a person to master a particular thing. This means that they spend 10,000 intentional hours working towards getting better at something. On average this will take approximately ten years. Of course by the time you go through ten years of something this article won’t apply to you.
I chose 1000 hours because it’s not too far, but far enough for you to have a pretty good idea of what you’re doing. This will give you confidence and allow for a more focused drive forward and thus greater effectiveness. To achieve the 1000 hour mark will require a steady application to the task at hand for 6 months and averaging roughly 6 hours per day. If you love what you’re doing you will gladly sacrifice whatever time necessary to excel.
Now that you have a better understanding of how you can be successful as a teenage entrepreneur I encourage you to get to work immediately. Don’t let anyone tell you that you’re too young to think this way. Go for what your heart wants and be sure to go all in!
Good luck!
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