The Most Promising Young Entrepreneurs You Must Know About

When it comes to having innovative startups popping up in many different business areas, young entrepreneurs can definitely not be underrated at all. It is because there are a lot of young entrepreneurs who have been quite much in the news to have striking ideas with bright practical minds to offer a lot to the ever evolving world in order to cater to its growing needs. There are many names of these young entrepreneurs who are seriously the ones to watch out for. These entrepreneurs have the right approach, the best ideas, and all of the passion that is needed to bring the best of smart innovations for all. 

Some of these names are given as follows:

Aaron Dicks (25)
Aaron has a company named Impression which he launched with the help of a fellow student's partnership names Tom Craig. It is a digital marketing agency that makes use of the existing technologies in order to provide excellent matching solutions and results through web design and clicks to customer campaigns. Just back in 2015, they made more than 500,000 Euros that doubled in 2016. Hence, they are surely to look out for in the year 2017 as one of the most successful young UK entrepreneurs.

Amber Atherton (24)
Atherton owns My Flash Trash who actually found fame in the Made in Chelsea series. However, she is known for an entirely different reason now that she has the fastest growing London accessory brand. It is a special in playful and bold charm jewelry that empowers girls while not taking fashion too seriously. It was just a blog in 2008 but today its business appears to be scaling at a pace of 100 items sales increase by each day. Amber is now all set and ready to take on brands like Pandora in no time this year only!

Angelica Malin (25)
Angelica aged 25 years own the company About Time as it made more than 75,000 monthly users across 123 countries in just two years. It helps Londoners to make easy decisions while going to new places or having different trying experiences. There are hundreds of choices for dinners, staying in, going out, etc. Thus, with sky being the limit, she is surely one to look out for in 2017.

Archie Hewlett (21)
Last but totally not the least, he is the most promising, and the youngest UK entrepreneur to look out for as he is just aged 21. However, he started his quality slip-on-shoe business when he was just 18 as he took the 9,000 Euros loan for the same. He offered a lot more quality with cheap prices and steered people away from traditional British fashion to those like velvet slippers, etc. With an impressive 1 million pounds turn over in just 2015 without any additional funding, he has made a great name!
The above mentioned names are all under the age of 25 and are truly very young and fresh to watch out as the top youngest entrepreneurs overall for the coming years.

With the revolution of the internet age many more young entrepreneurs has just begun.

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Catch 'Em Young: Should Entrepreneurship Be Taught in Schools?

Just a few days ago I was reading a column by Pulitzer Prize-winning author Thomas Friedman in which he stresses upon the need to get millions of American kids, not just the bright ones, excited about innovation and entrepreneurship again. This in order to prepare a million new businesses that won't simply give brief roadway occupations, but steady jobs that keep America on the cutting edge. To accomplish that, Friedman further made a suggestion - ensure every American kid knows about National Lab Day, get the Network for Teaching Entrepreneurship to every middle and high school teacher and bring every classroom to view the documentary movie "Ten9Eight".

Though a little dated (first published in NY Times in 2010), it found resonance (most parts of it) with me especially in these times of the much talked about demographic dividend, creating more jobs and the craze for startups in India. Friedman clearly was alluding to getting younger people in school, into the fold of entrepreneurship and being "innovation ready" - meaning that along with their mortarboards, they receive the critical-thinking, co-creation and multi-tasking abilities and collaboration skills that will help them invent their own careers and in turn create more jobs.

Friedman's viewpoint provides cues to deal with India's current manpower story. By 2020, about 60% of India's population of 1.3 bn will be in the working age group of 15-59 years. It is estimated that by 2025, India will have 25% of the world's total workforce.

India it seems, can also do well to engage with teaching entrepreneurship in schools, in order to build bridges between the young minds of today and job seekers of tomorrow. Various surveys have highlighted the need of teaching entrepreneurship from school level in order to create a competitive workforce which is beyond grades.

Experts argue that unless we introduce entrepreneurship as a school subject - like math, science history or geography - most young minds would remain unmindful of an undeniable fact for long, that jobs are best created, not consumed. According to Steve Mariotti, if entrepreneurship education can create jobs, encourage students to stay in school, and provide economic rescue for people in low-income communities, why aren't we teaching it in every school.

Many are of the perspective that entrepreneurship learning- how to identify opportunities, how to work around issues, how to encourage innovation, how to overcome barriers, how to form winning teams, how to place risk in context, how to balance a mix of innovation and tradition, how to develop social, emotional and vocational skills- is best taught in the formative years of education. Some of the leading experts are also of the view that teaching entrepreneurship from a school level can be the long haul blue print for the most ambitious Make in India campaign.

Meanwhile, the government too has been quick to realize that entrepreneurship is one of the answers to sustained economic growth and job creation.. Efforts are being made to introduce entrepreneurship at the high school level, by offering it as an optional vocational subject in classes XI and XII by the Central Board for Secondary Education (CBSE). Some schools in India have already taken the step forward in integrating entrepreneurial and life skills development into formal school curriculum at the elementary level.

However, the path to taking entrepreneurship to schools is paved with unique challenges. Given the barriers of the Indian education system it is important to address concerns like curriculum design, trained teachers, should it be optional or mandatory, should it be in-house or outsourced among others.

Whether entrepreneurship should be taught in schools may remain a moot point for a while but unless we develop a comprehensive ecosystem and an entrepreneurial mindset starting from school all the way up to the industry, we may remain a country of job seekers. Watching "Ten9Eight" meanwhile may not be a bad idea after all.

Wadhwani Foundation

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Why Successful Entrepreneurs Always Take Personal Responsibility

There are certain attributes that you can find amongst almost every successful entrepreneur out there. Drive and persistence are among those, but another huge one is their willingness to take personal responsibility for their life and their livelihood, which is why so many of them are successful.

Have you ever met someone who believed that everything that happened to them was someone else's fault even when it was clearly theirs? That kind of person will never be a successful entrepreneur because they believe that things happen to them instead of them making things happen, either positive or negative.

So, how can you cultivate this personal responsibility to be a successful entrepreneur?

#1 Realize That The World Owes You Nothing

Successful entrepreneurs feel as if the world is theirs for the taking, but they don't feel like they are owed something by the world. They believe that if there is something that they want or need, the responsibility to go out and get it is theirs and theirs alone. They don't believe that someone is going to come along and hand them a check, without a great deal of hard work beforehand.

That's why they are so good at recognizing opportunities - because they are looking for them, and they are willing to act when they see the opportunity present itself.

#2 They Do Not Act Like Victims

There are people out there who have something called a victim mentality, which simply means that they believe that some metaphysical someone - like fate - is out to get them, and that's why they haven't had the opportunities that other people have.

They think of themselves as a victim and so have negative thoughts and beliefs which is an attribute not suited for entrepreneurship. Successful people know that when something bad happens it's just chance, and they have the opportunity to rise above it.

#3 They Learn From Their Mistakes and They Are Grateful

Finally, a successful entrepreneur not only has no problem making mistakes - they know it is going to happen whether they have a problem with that or not - they actually embrace their mistakes because they have the opportunity to learn something from them.

When something bad happens, they considered a learning experience and they improve so that it doesn't happen again in the future. Most of the time, entrepreneurs are very grateful for the learning opportunity as well, because they might have continued making that mistake if it hadn't been brought to their attention.

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Why Entrepreneurs Need To Workout And Get Fit And Healthy

You wake up to the sound of that not-so-beautiful alarm.

It's early.

Still dark outside.

But, hey, this is what you signed up for when you decided to become an entrepreneur. So you soldier on.

Quick shower. Then you grab a bagel or some other sugar-laden or fatty snack on the way to work.

You arrive at work.

...

10am comes. You're hungry. And you're losing focus. Can't concentrate.

But it's all good. Why? Because you get your coins out and head straight to the nearest vending machine.

You buy your Mars bar, grab another double coffee, and get straight back to work.

Happy days.

Well, for another hour or so. Then it's back to feeling hungry and lethargic until lunch.

Lunch time arrives.

You get a bacon butty. Or something else nice and greasy. And a doughnut for dessert.

Back to work.

The sugar coursing through your veins. You feel great. Full of energy.

Until the post-sugar crash hits you.

HARD.

And guess what? It's only 2pm. You can't really afford to take another break. After all, you've got work to do. And you've already been so unproductive.

The thing is, now you're gonna be even more unproductive. You're just shattered. No energy. Can barely think.

How the hell you gonna come up with a new strategy? Or make an important sales call? Or conduct that interview? Or do whatever it is you need to do to make more money?

The answer?

There isn't really much you can do.

Sorry for sounding harsh. (Well, actually I'm not sorry. Best you hear the truth, right?!)

But at the end of the day, if your body and brain are living off junk food, then it's literally gonna be impossible for you to function anywhere near your best.

(In fact, I might have to get in touch with Tom Cruise... Could be his most impossible mission yet... )

Anyway, the point is this:

If you poured olive oil into a car, would you expect it to move?

Course not.

And the same applies to your body.

If you don't feed it properly, then you're not going to be at your best. And as an entrepreneur (or an executive, or just someone's who's very career-minded and ambitious) then that's gonna be a killer for you. Ultimately, it's gonna mean less money. And even complete failure.

Yet now imagine this scenario...

You wake up naturally after a good solid 8 hours sleep.

You feel refreshed.

You then put on your workout clothes, go downstairs into the lounge, and do a 20-minute workout.

Something quite challenging. Something that's gonna help you lose weight, whilst helping you tone up. Something that's gonna get you feeling great after you've done.

You then shower, before grabbing a nice healthy breakfast. Let's say oats with some blueberries, and a scoop of your favourite protein powder (which tastes just like milkshake by the way).

You then go to work. You're feeling great still.

And guess what?

You get a LOT done!

In fact, you don't even think about food again until lunch. You then eat a healthy lunch of your favourite meat in a wholemeal roll, with a side salad draped in your favourite dressing (you've gotta make a salad taste good, after all!).

You then go back to work. Now feeling even more energetic. Meaning you get even more work done.

You then have a quick snack. Either a smoothie with a few bits of veg and your favourite fruits to sweeten it, or a protein flapjack or something.

Carry on with work. Still feel great. Still getting lots done.

You then finish, go home, and have a meal with the family. Something healthy, but ending with a dessert of whatever the hell you fancy (you gotta stay sane after all!).

Then after spending the evening having fun with your spouse and kids, you decide to call it a night.

You get to sleep nice and relaxed.

Ready to have another great day tomorrow...

So, they're your two options in life.

Which are you gonna choose?

Tom Andrews, "The Executive Fit Coach"

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Like I say, it's completely free. So what are you waiting for?

Hurry, go!

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5 Key User Acquisition Strategies for Aspiring Appreneurs

Entrepreneurs often think that building an app successfully is enough to get the right grip on their target market. However, engaging with people and acquiring new prospects is where the main quest lies. While considering the different highly effective marketing tools, a mobile app works wonders to tap the target audience rightly. Considering this fact, it becomes highly important to plan a winning user acquisition strategy for your business.

Know Your Market Right
Before marketing your app, it is important to judge the preferences, likes and dislikes of the targeted market. Well, it is obvious that you want to score a higher rank in the Play Store. Thus, you must list out all the available strategies, analyse and choose the best fit for your business. This, in turn, will help you to stay focussed, thereby not diluting the broader markets.

Optimisation
App Store Optimisation in your app world is similar to SEO in the web world. Optimising your app's listings will help in increased workflow and counting the store search results as well. Use the right set of keywords to increase its online visibility. Many of the developers add certain descriptive words to the app titles. Most importantly, App Stores function more like search engines for the popular ones thereby, pulling them to the top. Helping it to secure a high rank becomes easy and simple by adding high-quality images and relevant descriptions.

Test Different Acquisition Channels
While starting from the very scratch, it becomes important to test all the various user acquisition channels and choose the most promising options available. Following here are some of the most effective ideas to try out for planning a winning user acquisition strategy.

Leveraging Social Media
Building a social media presence has become essential for businesses and considering it as a prime online marketing tool for your products and services. Thus, you must invest your time in social marketing activities like starting or joining conversations, connecting with influencers and much more. You can build groups on LinkedIn or Facebook, active Reddit subgroups, use popular hashtags and join Twitter chats to reach the audience on a wider scale.

In- app Sharing
Another strategy which, works well for marketers and entrepreneurs is encouraging sharing content with the social media audience directly via the mobile app. You can think of sharing videos with the audience via Twitter or can enable automatic sharing for sharing content on social media platforms.

Final Word
The opportunities are endless when it comes to boosting the client acquisition rates. However, the quest is all about finding the right strategies which, will suit your business requirements. With experienced app developers, you get better scope of choosing the most ROI-driven strategies for ensuring better customer reach and more prospects.

Rob Stephen is a skilled Android app developer of GetAProgrammer, who has great technical expertise in developing highly advanced applications for businesses of different backgrounds.

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7 Reasons Why You Should Start An Online Business While You Are Still In Your 20s

Fewer commitments and responsibilities

Upon reaching adulthood, you will face the daily grind of the 'real world' - the tedium and the repetition of it all. But what really constrict adults from doing what they want the most are their commitments and responsibilities.

In the event that your online business demands your entire focus and undivided attention, it will be easier for you to handle if you start in your 20s. Also, you will be able to recover, learn, and bounce back easier after mistakes.

Being able to work on your passion

Being an employee, you rarely have much freedom to work on your passion. While this setup may work for a few people, these individuals may not realise the opportunities they're missing, choosing security over passion.

Your own online business gives you the chance to work on your passion and really get in touch with what you want to do. That road may be difficult, but nothing can ever be more fulfilling than living your passion.

Living out your financial potential

Note that a full-time job only gives you limited earning power, as it all depends on your experience and certifications- which take a long time to gain. But the sky is the limit when it comes to online business. This is why some college dropouts succeed and go big. Read their success stories and learn how they were able to pull it off!

Faster growth and maturity

Running your own business forces you to grow and mature as a person-to become the person that you are. Life lessons are best learned when experienced first-hand. Learning how to handle your own business at an early age is beneficial, even if the business struggles in the beginning. What is priceless is the life-changing lessons you gain-that point you the right way.

Being able work from anywhere and anytime

The Internet is a game changer. Because of this, young entrepreneurs can work without an office and even work away from home while travelling. You can work from any corner of the world, provided there is Internet connection, and earn while you sleep. You can work 24/7 if you want and take full advantage of the fire of youth.

Accessing a worldwide audience

Through the Internet, you can reach thousands and thousands of people around the world. With a well-thought marketing strategy (SEO, etc.), you can thrive in your online business. Question: how many people use the Internet daily? More than 3 billion. Think about that.

The freedom that inspires you to work more

Not being tied to a nine-to-five job is empowering and drives you to work better and harder.

As long as you can hold the discipline not to waste your freedom and time, you will do well and be able to spend your quality time whenever you want. Getting out of the nine-to-five grind gives you your missed moments back and help you feel more like yourself.

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Five Tips for Young Entrepreneurs

Starting a business is not for the faint of heart. When the economy is soft, and jobs are limited, entrepreneurship is often the best way for a young adult to gain practical experience in their field of choice. To be sure, it can be scary, but so can sitting around waiting for a call for an interview for that perfect position.

With that in mind, here are five tips for planning your first entrepreneurial venture.

1. Find your obsession. "Find your obsession" is different from "follow your passion." Your passion is something you love doing. Your obsession is something you cannot live without doing. And there's a difference. A passion is sometimes borne from a hobby, for example, photography. You may be passionate about photography, but when the pressure is on to make money with photography that passion can wane in the drudgery of the daily work. Conversely, if you are obsessive about photography, rarely will any part of the work seem like drudgery. Passion will burn out; obsession rarely does. Obsession is what you need when starting a business.

2. Decide on your operational end-game. Once you find your obsession, ask yourself this: Do you want to have a "practice" or a "business?" A "practice" is a business that is dependent on your direct involvement, whereas a "business" can become independent of your involvement and still be successful.

A "business" in this context is one where you can rely on the collective work of others you employ to produce income, or survive as an ongoing concern if you were unable to work in the business on a daily basis. It can be bought or sold regardless of your involvement.

Having a practice means it is difficult, if not impossible, to separate the work output of the business from your personal output. For example, if you have a unique skill or ability on which the income of your business rests primarily on you to do the work (e.g., an accountant, yoga instructor, consultant, or tattoo artist) you are likely to have a practice. It is unlikely this type of business could not be bought or sold without your involvement.

There's nothing wrong with either option, but it is important to understand what kind of business operation you want five years after you start because it will shape your decisions today. If you know you are going to be happy making a living as a tattoo artist chasing your obsession, then your business decisions will be made with this in mind. However, if your goal is to have a tattoo shop with ten employees in five years, your approach needs to be different. Keep in mind that most small businesses start as practices and evolve. Moreover, those who just wanted to "do their thing" end up trying to manage a business and are no longer working at their obsession.

3. Start your business "on the side." Many say "jump" into entrepreneurship without a net. Having done it that way many times, I suggest you do not unless you have no other choice. The financial pressure is too high for most people. The pressure to make rent payments, buy food, and put gas in your car will have you chasing business that isn't worth your time or in your area of focus so that you can survive. You will lose focus of what you are trying to accomplish, and few obsessions can withstand that pressure. My advice: Start your business on the side if you can. Get or maintain a job to have some income flowing. You will feel less pressure and be able to stay focused on our business goals. Then strive for your "choice number" with your business income.

4. Determine your "choice number." Your choice number is that number which allows you the opportunity to choose between going full-time with your business or continuing to work for someone else. It is easy to calculate: Add up all of your current monthly expenses (all of them, Netflix, Hulu, gas, car payments, rent, food, beer, or concert tickets), then add 25% more to that number. So, let's say your monthly expenses add up to $1,500. Add 25% more-$375.00-for emergencies, and you are up to $1,875.00. I would suggest rounding up for a little extra cushion to $2,000. So, $2,000 would be your "choice number." Once your business is generating $2,000 per month, you have enough money coming in to cover your monthly costs and the choice as to whether to keep your day job or go full-time into your business with some financial security is now yours. Bear in mind the choice number can fluctuate some, so remember to revise accordingly.

5. Take advantage of reputable free resources. There are many, many free resources to help new entrepreneurs. My favorite starting point is SCORE ( http://www.score.org ). There you can find local resources, webinars, on-demand courses, as well as other resources to help you get started. The U.S. Small Business Administration ( https://www.sba.gov ) also offers many free resources and tips. Sometimes your local community college will offer free or low-cost courses for new entrepreneurs.

Although these tips do not cover everything a new entrepreneur might need to know, they are a good starting point for planning your first step into your own business.

David Harkins is a serial entrepreneur, which is a more professional way of saying he is still trying to figure out what he wants to be when he grows up.

When not working for himself, he has had a fulfilling career in marketing, advising both large and small companies including several in the Fortune 500 and many of America's largest nonprofit organizations.

He has extensive training and education in advertising communications and media production. He holds a Bachelors of Business Administration with an emphasis in Entrepreneurial/Small Business Management, and he is pursuing a Master's Degree in Entrepreneurship.

In his spare time, he consults, speaks, writes, hikes, explores, and creates art. Although, not necessarily in that order.

He writes about entrepreneurship at http://www.mrharkins.com.

Webmasters and other article publishers are granted article reproduction permission as long as this article in its entirety, author's information, and any links remain intact. Copyright 2017 by David L. Harkins.

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