Making It as a Millennial: Startup Advice for the Under 30

There’s no denying the buying power of millennials, especially as the generation gets older, but we can’t fail to acknowledge the selling power of the under 30 as well. It seems nowadays that there are startups everywhere—many of them run by those just out of college, or even still in college or fresh out of high school. It goes to show that no matter your age, a good idea that sells can go a long way. However, millennials may face some different obstacles from their older counterparts. Here’s a bit of advice on getting started and succeeding as a millennial business owner.

Keep It Simple at First

When you’re first starting out, it’s best not to quit your job and put all your time, money, and energy into your endeavor. Startups do take a lot of time and can put a hole in your wallet, so when you’re first starting, it’s best to avoid spending money and keep things simple. Spend only on the bare necessities, and start making money before you begin investing more and more. Start looking for investors or partners in the beginning as well to cut down on your personal risk.

Build Your Team for Business

It’s important to avoid picking friends to work with you just because they’re your friends. Just because they were your roommate in college or your best friend since grade school doesn’t necessarily mean you should work with them. Those on your team need to have a work ethic you desire to get them the job. Nepotism may seem like a good idea at first, because you want people on your team that you can trust, but it's most important to put the extra effort into going outside of your circle for those with a similar vision and drive who you connect with and who connect with each other. Building a team is tricky, but when done right, it can make all the difference for your company.

Build Your Connections and Clients

It’s important to always work on the relationships you have and work toward developing new connections. Connections can make or break your company, so having people on your side who understand your brand, goals, and see you in a positive light will prove vital if and when you need assistance. Go out, talk to people (face to face), attend meet-and-greets and parties, and get exposure for your brand. You are your brand’s biggest ambassador.

Love What You Do

Lastly, and most crucially, you will need an unwavering sense of love for what you do to stay alive in the startup business. If you have the passion and dedication to make your business thrive, there will be no stopping you.

It’s time to show the world why millennial businesses are great. It’s time to add your name to the list with Mark Zuckerberg, Gerard Adams and the rest of the top millennial entrepreneurs. Go out there, and build your business.

Subscribe below to receive more business articles for tips, opportunities, and tools to help small business owners. New blog published each month!

**References & Further Research:**

“9 Tips for Millennial Entrepreneurs.”themotivatedmillennial.com.  [http://themotivatedmillennial.com/blog/9-tips-millennial-entrepreneurs/](http://themotivatedmillennial.com/blog/9-tips-millennial-entrepreneurs/) (accessed September 12, 2017).

Chan, Jonathan. “28 Successful Founders Share Their Advice on How To Start a Startup.”Foundr.com. [https://foundr.com/how-to-start-a-startup/](https://foundr.com/how-to-start-a-startup/) (accessed September 12, 2017).