In an inspiring article about young entrepreneurs, Kimberlee Morrison shares the success stories of a few ambitious teens that turned their dreams into a reality by starting their own business.
In this short excerpt from the article, Jen Kushell shares her advice for young people who are curious about starting a business:
“You might lose the allowance money you invested, but you’re not going to lose your house. You have the flexibility to make a lot of mistakes when you’re a child entrepreneur, which in the end makes you a better business person, says Jennifer Kushell, president of YSN.com (Your Success Network) and author of the best selling book Secrets of the Young&Successful: How to Get Everything You Want Without Waiting a Lifetime.
“If you start a business when you’re an adult, you have to be a lot more strategic about what you’re doing and about what you’re putting at risk…the things you could be sacrificing,” Kushell says. She added that when you’re a kid or teenager, you’re usually the only one affected by your failure. “You can pretty much recoup anything you loose in a summer’s work.”
“Being a successful entrepreneur also means getting comfortable with failure, says Kushell. As a business person you’re bound to make mistakes, but every mistake teaches you something. It’s important to get past the fear and take the first step toward starting your business.”
Jennifer Kushell is President & Co-Founder of YSN.com – Your Success Network and Author of NY Times Bestseller Secrets of the Young and Successful.