1. Borrow money from bank, friends, relatives.
2. Start doing the things at small level & rotate your money cycle as fast as possible.
3. Meet the people you admire in these fields & ask for their thoughts.
4. Keep an eye on latest trend before investing.
Get a solid background in the hospitality management/restaurant fields before trying a restaurant yourself. 90% of new restaurants fail and they fail because the owners pick a bad location, pick the wrong menu, have inappropriate prices, inefficient staff, etc. etc. etc.
Do you research carefully, talk to others who own business and get the inside scoop on their thoughts, it will be a lot of hard work but well wroth it.
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3 Responses to What advice do you have for an adolescent wanting to become an entrepreneur?
1. Borrow money from bank, friends, relatives.
2. Start doing the things at small level & rotate your money cycle as fast as possible.
3. Meet the people you admire in these fields & ask for their thoughts.
4. Keep an eye on latest trend before investing.
Get a solid background in the hospitality management/restaurant fields before trying a restaurant yourself. 90% of new restaurants fail and they fail because the owners pick a bad location, pick the wrong menu, have inappropriate prices, inefficient staff, etc. etc. etc.
Do you research carefully, talk to others who own business and get the inside scoop on their thoughts, it will be a lot of hard work but well wroth it.