Entrepreneurship tips for young people

Entrepreneurship tips for young people

Young people are increasingly launching into entrepreneurship. The reasons are many: get financial freedom, working on your own without having to report to anyone, not being tied to a schedule or becoming role models and inspiration for other young people.

Luckily, nowadays it is much easier for any young person to start a business, since they have much more information and better toolsat your disposal.

In our podcast, Satoshi's Voices We had an example of entrepreneurial success, Pol Martín, CEO of Rand App, who shared with us some tips that will help young people succeed in their entrepreneurial adventure.

Understand how people work

An important part of entrepreneurship is know how people works. 

Learning how markets or the industry works is fine, but there is always a human component, which applies a part of “irrationality” that is never understood.

This irrational part is unpredictable and very difficult to measure. However, when you know people it is possible to get a more general idea.

Get inspired by entrepreneurs

The number of young entrepreneurs has grown in recent years, thanks to the fact that It is very easy to access the information.

The new hyper-connected devices, social networks and ease of accessing information at any time, they allow younger people to observe many examples of people of a similar age who have managed to succeed in what they are doing.

Luck factor + perseverance

For Pol Martín, luck is an element that plays a role in entrepreneurship. 

However, it is necessary to understand luck as a straight line in continuous growth that, at some point, must necessarily intersect with work.

Therefore, Luck, without perseverance and work, is useless.

Try everything and find what you are passionate about

One of the pillars of success in entrepreneurship is find something you are passionate about; something for which you are willing to get up at 6 in the morning or for which you are willing to not sleep.

When you work on something that you are really passionate about, something that makes you feel good, it is like not working.

Simply put, the key is to look for something that turn work into a way of life.

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