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Best Advice for Young Entrepreneurs

Feb. 7th 2010

We’ve assembled some top tips for young entrepreneurs from a few of our dedicated members. We asked them: What would be your best advice for a young, passionate entrepreneur or would-be entrepreneur? Joe Ornato – Founder, Ornato Group Create a backstage process.  Write down all the steps that it will take to give your customer the ultimate experience.  Natural sales people tend to “do” what they “know” intuitively, without getting into a well-defined process.  Building a process allows for: consistency, duplication, […] Continue Reading Best Advice for Young Entrepreneurs

Three Self Assessments for Young Entrepreneurs

Jan. 29th 2010

Entrepreneurs experience failure an average of 3.2 times before finally being successful. From working with many entrepreneurs, especially young entrepreneurs, I believe a major factor in not being successful the first time is not truly knowing yourself. Every year I update a personal inventory as part of my overall personal strategic plan. This strategic plan is separate from the strategic plan for my business. Having an updated personal inventory is helpful when I need to make tough decisions as an entrepreneur. […] Continue Reading Three Self Assessments for Young Entrepreneurs

Garage Entrepreneurs Interview with Small Business Coach Laurie Hawkins

Jan. 25th 2010

Laurie Hawkins is an energetic, world-class Certified Business Coach and leader, with an extraordinary range of business expertise. Laurie is the owner of Hawk Inspired, FocalPoint Coaching. As a FocalPoint certified coach, Laurie can transform your business, as well as your professional and personal life through long-term, one-on-one coaching – the most effective method in which to affect lasting business improvement and skill development. Eric: Laurie, tell me about yourself and your business background. Laurie: I have spent twenty years in […] Continue Reading Garage Entrepreneurs Interview with Small Business Coach Laurie Hawkins

Ten Tips for Young Entrepreneurs for the Holidays

Dec. 22nd 2009

The holiday season is a great time for young entrepreneurs. It’s a time to brush up your skills, take some time to think about the upcoming year, and who knows, maybe even relax a bit. Here are our top ten suggestions for young entrepreneurs this holiday season: 10. Ask for a magazine subscription. Although blogs are great resources, a magazine that you can throw on your desk or at your bedside makes for a great gift. Try Inc. Magazine or Fast […] Continue Reading Ten Tips for Young Entrepreneurs for the Holidays

Young Entrepreneurs: To Find a Good Idea, LOOK For One!

Nov. 20th 2009

The absolute best way to find a good idea is to look for a good idea. As an EIT (Entrepreneur-in-Training), you need to realize that a great business idea will never just ‘fall into your lap’.  In my experience, and from speaking to successful young entrepreneurs, you must actively partake in an ideation process. There are many places that you can look for a good idea, but some of my favorites have been included in a past post that I wrote on Entrepreneurial […] Continue Reading Young Entrepreneurs: To Find a Good Idea, LOOK For One!

10 Lessons I Learned from My First Startup

Oct. 29th 2009

I started working on my first business when I was 18 years old. I have certainly learned some valuable lessons since then through my experiences and I am still learning. There have been many ups and downs but deciding to create my own job and become an entrepreneur is one of the most rewarding decisions I’ve ever made. If I could go back in time and give some advice to myself when I was starting my first business, these are the […] Continue Reading 10 Lessons I Learned from My First Startup

Resources for Young Entrepreneurs

Aug. 19th 2009

For young entrepreneurs, it’s difficult to take that first step – but it doesn’t have to be. That first step doesn’t necessarily mean assembling a business plan, and it doesn’t even have to mean committing to an idea. In fact, the first step for some (and perhaps most) could be getting in the entrepreneurial mindset and staying on top of current trends. But where do you find entrepreneurial resources? There are a number of resources that we use on a daily […] Continue Reading Resources for Young Entrepreneurs

Business Ideas

Mar. 27th 2009

Starting a business is hard work. Are you a motivated and talented individual who knows that one day you’d like to start a business? You’re not sure how to do it, or what you can be doing now to be an entrepreneur but you have a desire to try something new. In searching the internet there is no one-stop-shop, definitive place for young entrepreneurs to find start-up resources. At Garage Entrepreneurs we would like to help you start your first business […] Continue Reading Business Ideas

Do You Set SMART Goals?

Mar. 17th 2009

We work with a lot of young entrepreneurs and when we ask these young entrepreneurs what some of their goals are, we hear “to make a lot of money,” “to work for myself,” “to have a flexible schedule and travel.” The problem with these goals is that they aren’t SMART. SMART goals are: Specific -A specific goal is clear and answers who, what, when, where, and how. Measurable -You have to be able to track your progress and hold yourself accountable. […] Continue Reading Do You Set SMART Goals?

Journey Versus Destination

Mar. 1st 2009

Here at Garage Entrepreneurs we want everything done yesterday. Our patience has really been tested while developing Garage Entrepreneurs because the process has taken a lot longer than we anticipated in the beginning. This has been a three year journey with many ups and downs. For a long time we wanted to get to this point -where Garage Entrepreneurs is live (although still in beta). Now that we’re here we realize that this is in no way a destination. This is […] Continue Reading Journey Versus Destination