10 REASONS WHY BEING A REALLY YOUNG ENTERPRENUE SUCKS

April 15th, 2008
10 Reasons why being a Really Young Entrepreneur Sucksby Michael Posted in Young Entrepreneurs
Why being a young entrepreneur aged under 21 sometimes sucks!

Banking – Your bank will not give a young entrepreneur a credit card but they will give a student a credit card.
Networking – I love networking and would love to attend more conferences but being young makes it difficult. A lot of internet marketing and blogging conference’ are held in America meaning you have to be 21 to get into a bar, drink, be one of the guys. Although I enjoyed my recent visit to the States, I didn’t feel like one of the guys because of this.
Knowledge – Everything’s new, you have never been in business before so how would you know? That’s not good enough, do you research before you go into business!
Respect – You’re a kid, get out of my office! No one will even consider you as an advertiser, designer, and business partner so prove them wrong!
Parents – they will often slow you down, you always need permission for every thing you want to do. “It is easier to ask for forgiveness then permission” – Cameron Johnson


Friends – Your friends don’t understand and they don’t care! It be so cool if one of my friends would get online and have a blog so I can talk to him about it, but to be honest, they just don’t care, they want to do the 9-5 for the rest of there lives!
Cost – Just because your young, doesn’t mean you don’t pay the price. The tax man is still going to come knocking at your door for his 25%. A lot of young entrepreneurs don’t realise they have to pay tax and find themselves in troubles later on in their business life, so keep records!
Opportunities – A lot of monetizing options online such as Google Adense, PayPal and Text-Link-Ads all come with an age restriction, seems most of us get around it one way or another!
Maturity – On so many levels I see how young entrepreneurs are sometimes immature, for example; fighting on forums and blogs. It is not clever and will only halm you. My dad told me if someone writes something negative about you and you want to reply to it, wait till the next day, it will allow you to have a think and calm down.
Investment – Being young has big draw backs, the banks won’t loan you money and finding investment is hard. Courtesy of www.retireat21.com