Improving the world one entrepreneur at a time

10, 9, 8,7...hold up! Here are some things for young entrepreneurs to think about before launching your business

Getting Started

Help Your Startup Grow with Strong Employee Retention Strategy

As a startup founder, your work never ends. Whether you’re connecting with suppliers, brainstorming product features, developing a marketing campaign,…

First 3 roles to fill when starting a business

What are the key positions?

How to start a small business on a tight budget

Can your big dream for a business come true with a small bank account? It can with these 3 tips.

Building a Budget: How to Plan for Income and Expenses

Some tips and rules of thumb

Why entrepreneurs should be risk takers

Check out why taking chances can be good for business.

Free website services for entrepreneurs

Having a website is important to most businesses, and you can start one for free using various web-based services available. These services are free, though have premium add-ons that can enhance your website for a fee.

The lonely road: what is a solopreneur?

Going it alone as an entrepreneur has advantages and disadvantages

The 4 simple steps of the entrepreneurial process

Learn how to begin a business without getting overwhelmed.

3 powerful questions to ask an entrepreneur you admire

Check out these great questions to ask if you meet a really successful leader.

Just stepping into the business world? Join the club…or start one

Entrepreneur clubs can spread out risk, workload and fund-raising

Start a new business by taking a tour of the needs around you

You probably have heard before that the best way to create a successful business is to fill a need, but how do you do that?

How to price your product or service – 3 easy pricing strategies

Check out three ways (and a bonus tip) to figure out how much to charge your customers

3 simple ideas for setting up a home office as a young entrepreneur

Creating a workspace that works for you and your business is easier than you think.

3 awesome advantages of being a young entrepreneur

It’s never too early to build a business.

3 key questions entrepreneurs should ask before starting a business

Spending some time thinking about being an entrepreneur can be your best investment

Need help? Don’t overlook libraries

Old-school resources can offer modern help

Should you go digital? 3 things to consider

It may be easier than you think to start an online business

Why young entrepreneurs should have a business plan (and what it should look like)

A business plan is a plan for the future.

Budgeting 101

If you don't have one for your business, you could be operating more efficiently

How to become an entrepreneur in college

You don't necessarily have to choose between education and entrepreneurship

What is social entrepreneurship? Tips for building a business to support a cause

You don’t have to choose between making money or making the world a better place. Being a social entrepreneur lets you do both.

The difference between an entrepreneur and a business owner – 4 important things to know

The difference between an entrepreneur and a business owner - four important things to know

Should you create a business vision board?

Can it help you build a successful business? Check out these tips for creating and using a vision board as a young entrepreneur.

Check out entrepreneur starter kits

These "businesses in a box" will help get you started

Is quitting a job to start a business a good idea?

Check out these four tips before making the switch from employee to young entrepreneur.

Funding a young entrepreneur’s business

You have a great idea – how do you find money to make it a reality? Here are some ideas.

Should you have an entrepreneur to-do list?

Do young entrepreneurs need a to-do list? Read this list of benefits and a few problems about to-do lists before you decide.

How do I choose a business name?

Don’t take for granted one of the first important steps for starting your business.

Business startup checklist – 12 tips for young entrepreneurs

Learn how to start a new business without feeling overwhelmed

4 tips for choosing firm goals for your business

There are some things to consider so your business continues to be a good fit for you.

Best and worst business advice for entrepreneurs

What’s the best business advice you’ve ever heard? What’s the worst business advice you’ve received?

How to speak with potential investors

Keeping calm and confidently pitching your business idea is easier than you think.

6 myths about what is an entrepreneur

Do you have to be or act a certain way to be a real entrepreneur?

How to find a mentor on LinkedIn

You need one; here's how to find one

4 common types of entrepreneurial risks – and how to deal with them

Being a young entrepreneur can be a risky business. Here’s how you can succeed, even while facing business challenges.

7 successful types of young entrepreneurs

There are different paths to having a successful business -- it all depends on your personality, motivation and dreams.

Why entrepreneurs are made, not born

Does being an entrepreneur feel difficult for you? Here’s why that could be a good sign

How important is creativity in entrepreneurship?

Check out how being creative can help your business succeed and 3 ways to develop your creativity.

how to stop procrastinating stop sign road crossing

3 easy tips for young entrepreneurs on how to stop procrastinating

You can get things done, even when it feels like there are more distractions than ever.

Online resources for starting a business

If the quarantine has you thinking about becoming an entrepreneur, here are some online resources to get you started

plant growing in coin jar marketing your business

Marketing your business: A guide to get you started

‘Marketing’ may sound complicated (and for large corporations, it is). But for a small business like the one you’re probably going to create, all it really means is letting people know you exist!

Are you scared about starting your own business?

Some spooky challenges, and how to deal with them

How to test a business idea without spending a lot of money

It's necessary and not as hard as you think

What’s your mission?

Mission and vision statements are tools for young entrepreneurs as they start and build businesses

Should kids start a business?

Not everyone thinks it's a good idea

Things to think about before you start a business

Starting your own business does not have to take a whole lot of time and money. But before you start,…

Why should you start a business?

“Why start a business? Why don’t you just go work for McDonald’s?” If you’re thinking of starting a business, someone…

What goes in a business plan?

Here are all the elements you need to think about

Do you need contracts with your customers?

It certainly would not hurt

Do you need a logo or a slogan?

You’re trying to get attention for your business. You’re on Instagram. Maybe you’re also on Facebook and Twitter. Social media is great. But your business also needs a great-looking logo and a creative tagline or slogan to make your social media marketing worth your time.

Managing money

Opening a bank account

Do I need to worry about local laws?

Just because you’re not an adult and your business is small doesn’t mean you don’t have to worry about requirements…

Do you have to pay taxes?

Unfortunately, yes. The IRS does not exempt businesses from paying taxes just because the owner is a minor. Tax rules…

Do child labor laws apply?

If you’re starting a business, child labor laws shouldn’t be a worry. Child labor laws are not specific enough to…

Legal structures of businesses

First, what exactly is a business? Every time you do something for money on your own – each time you…

What kind of business should I start?

Whatever business you start, you want it to be rewarding, successful or fun — hopefully, all of the above. To…

Why should I encourage my child to start a business?

A kid or teen thinking about starting a business may see the venture as a way to earn some extra…

Things to think about

Starting your own business does not have to take a whole lot of time and money. But before you start, there are some things that may require you to do a little thinking, ask a few questions and perhaps do a little research. After thinking about these things, you may decide to start a less complicated business — or at least you’ll know how much work your business idea will require.

Of course, the younger entrepreneurs will want to get help from an adult or older sibling with these questions. Let’s get started!

More help getting started

Creating and Presenting Your Product Story downloadable module

Get access to the 41-page PDF file, which includes a link to a 15-minute video and the MVP pitch template.
Buy now

Entrepreneurial program

Rising Innovator has launched a new entrepreneurial program, Business Innovation Journey™. Get a free sample, purchase a downloadable version, or learn more about our online learning options.
More info

Take our quiz

Get personalized recommendations for businesses that might be a good fit for you.
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Business plan generator

Our free tool will help young entrepreneurs build a plan PDF.
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Personality assessment quiz

Our quiz is a useful tool to understand yourself better and become a better leader and team member.
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Business ideas

We give the pros and cons for various possibilities.
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Get inspired

Read about young entrepreneurs who have created successful businesses.
Read now