Comments on: Young Entrepreneurs Must Hate Brick and Mortar Businesses, Eh? http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/ Infinite ideas to bloom Wed, 01 Sep 2010 15:40:25 -0700 hourly 1 By: David Askaripour http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20875 David Askaripour Mon, 09 Jul 2007 21:59:54 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20875 Hey Brian. Welcome to Mind Petals! Glad that you found our community. I think that what you are doing is great. Your idea on how to start a business for young HS entrepreneurs is great. I think that that's a great template for them to start thinking of a business. It'll force them to think and keep their idea really simple and practicable. It's a good "starting point" but in time as their minds start to think of more complex ideas, the template will be rendered obsolete. It's really not a matter of HS or college entrepreneurs, it's more specific to the current mindset and learning environment of the entrepreneur. For HS entrepreneurs, you have the right idea. Hey Brian. Welcome to Mind Petals!

Glad that you found our community. I think that what you are doing is great. Your idea on how to start a business for young HS entrepreneurs is great. I think that that’s a great template for them to start thinking of a business. It’ll force them to think and keep their idea really simple and practicable. It’s a good “starting point” but in time as their minds start to think of more complex ideas, the template will be rendered obsolete. It’s really not a matter of HS or college entrepreneurs, it’s more specific to the current mindset and learning environment of the entrepreneur. For HS entrepreneurs, you have the right idea.

]]> By: Brian Acord http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20767 Brian Acord Mon, 09 Jul 2007 03:53:55 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20767 I work with a lot of Young Entrepreneurs (typically high school students) and I try to help them keep things simple by suggesting two guidelines to help them limit their business ideas to something they can see success in. 1) Don't pick a business if you can't get a paying customer within the first week. and 2) Don't pick any business that requires more than $100 to get started. As you can guess, we get a lot of simple service businesses. We are currently working with several teenage entrepreneurs who are starting or growing their businesses this summer. (You can read about their ups and downs on our blog at http://www.yeabiz.com). Do you think that the two limitations are good guidelines for young entrepreneurs that are still in high school? Do they apply to slightly older entrepreneurs who are in college? Brian I work with a lot of Young Entrepreneurs (typically high school students) and I try to help them keep things simple by suggesting two guidelines to help them limit their business ideas to something they can see success in.

1) Don’t pick a business if you can’t get a paying customer within the first week. and

2) Don’t pick any business that requires more than $100 to get started.

As you can guess, we get a lot of simple service businesses. We are currently working with several teenage entrepreneurs who are starting or growing their businesses this summer. (You can read about their ups and downs on our blog at http://www.yeabiz.com).

Do you think that the two limitations are good guidelines for young entrepreneurs that are still in high school? Do they apply to slightly older entrepreneurs who are in college?

Brian

]]> By: Adnan http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20608 Adnan Sat, 07 Jul 2007 10:32:44 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20608 Yeah I agree with Adam about the money cost, but also its so much easier setting up a business online in comparison to an offline business. All I need to do is register a domain and get some hosting - done! Compared to a brick and mortar business where there may be all kinds of legal action involved. Yeah I agree with Adam about the money cost, but also its so much easier setting up a business online in comparison to an offline business. All I need to do is register a domain and get some hosting – done! Compared to a brick and mortar business where there may be all kinds of legal action involved.

]]> By: David Askaripour http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20539 David Askaripour Fri, 06 Jul 2007 20:05:10 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20539 Adam, that's a really good point. Money is definitely a factor! Adam, that’s a really good point. Money is definitely a factor!

]]> By: Adam http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20531 Adam Fri, 06 Jul 2007 18:57:27 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20531 It's all about startup costs to me - if I could start a bar for the cost of a website I'd do it in a heartbeat. I think that's why a lot of YE's fall into the tech boat - it's our only real opportunity to get started unless we come from a loaded family. It’s all about startup costs to me – if I could start a bar for the cost of a website I’d do it in a heartbeat. I think that’s why a lot of YE’s fall into the tech boat – it’s our only real opportunity to get started unless we come from a loaded family.

]]> By: David Askaripour http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20387 David Askaripour Thu, 05 Jul 2007 18:46:06 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20387 Hey Avi, Sweet! Looks like a pretty cool shop. I'll have to stop by one day, def. Hey Avi, Sweet! Looks like a pretty cool shop. I’ll have to stop by one day, def.

]]> By: Avi http://mindpetals.com/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/comment-page-1/#comment-20384 Avi Thu, 05 Jul 2007 18:16:15 +0000 http://mindpetals.com/blog/2007/07/young-entrepreneurs-must-hate-brick-and-mortar-businesses-eh/#comment-20384 Hey David, Check out http://www.auh2odesigns.com/ . It's a clothing store in the east village that my friend opened a little less then a year ago. Brick and Mortar store, young entrepreneur. She's a really great gal too. Hey David,

Check out http://www.auh2odesigns.com/ . It’s a clothing store in the east village that my friend opened a little less then a year ago. Brick and Mortar store, young entrepreneur. She’s a really great gal too.

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