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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 05-30-2007, 10:30 PM   #1 (permalink)
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Potential Business Idea(s)..

Hey everyone,
Just briefly let me introduce myself. I'm 16 and am extremely passionate about starting my own business as well as being new to this site. I've been brainstorming a bit for a while now and was thinking about starting either a motivational type of business motivating people in their day to day struggles or anything along those lines. Another idea was a type of 'tutoring' business teaching or also motivating people in particular young people to get into business and show them what has to be done on a basic level at first. I'm interested to hear what you guys think of these ideas as far for the teaching and helping people get into the business world, do you guys think it would be a big issue that I myself aren't an expert just yet? The idea of hiring experts then comes into place as a solution...but what are your guys' take? What do you guys see as possible shortcomings, struggles etc.
P.S. What other suggestions do you guys propose to take?
PPS. I want to thank everyone in advance for whatever insight you will suggest..its really helpful.
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Old 05-31-2007, 12:29 AM   #2 (permalink)
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You could always open up a Junior Achievement Chapter in your area... or start a non-profit (or SPONSORED) small tour going around to different schools and speaking why they should get into business. Of course, your only 16 so ya'll can relate somewhat.
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Old 05-31-2007, 01:24 AM   #3 (permalink)
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Start something that is going to help someone or make someone’s life easier the best type of business to start is a service.

Don’t think, just do…. start a business now go and buy some cheap orange juice and start selling it… the only difference between a entrepreneur and you is the entrepreneur would already be out of the door!
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Old 05-31-2007, 04:51 AM   #4 (permalink)
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Quote:
Originally Posted by oscar1075 View Post
Hey everyone,
Just briefly let me introduce myself. I'm 16 and am extremely passionate about starting my own business as well as being new to this site. I've been brainstorming a bit for a while now and was thinking about starting either a motivational type of business motivating people in their day to day struggles or anything along those lines. Another idea was a type of 'tutoring' business teaching or also motivating people in particular young people to get into business and show them what has to be done on a basic level at first. I'm interested to hear what you guys think of these ideas as far for the teaching and helping people get into the business world, do you guys think it would be a big issue that I myself aren't an expert just yet? The idea of hiring experts then comes into place as a solution...but what are your guys' take? What do you guys see as possible shortcomings, struggles etc.
P.S. What other suggestions do you guys propose to take?
PPS. I want to thank everyone in advance for whatever insight you will suggest..its really helpful.
Sure...what you're thinking is very common. I've personally known at least 6 teenagers who've started joints like http://www.youth2youth.com.au/. It's a natural progression. This is what happens after young people compulsively read self help books.

I don't, have a problem with this per say, but critically speaking, a "motivational worshop service" is an illustration of poor opportunity selection. The business model has bad economics. It's unprofitable and unscalable as compared to other investment opportunities
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Old 05-31-2007, 07:27 AM   #5 (permalink)
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Would you prefer to be coached at footy by someone who has been there done that or someone who hasnt and only dreams of it?
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Old 05-31-2007, 09:35 AM   #6 (permalink)
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Hello there!

Welcome to YE and best of luck!
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