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	<title>Fred BabadjaniansWhere to Start as a Young Entrepreneur - Part 1 - Fred Babadjanians</title>
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	<link>https://fred.tips/where-to-start-as-a-young-entrepreneur-part-1/</link>
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		<title>Where to Start as a Young Entrepreneur &#8211; Part 1</title>
		<link>https://fred.tips/where-to-start-as-a-young-entrepreneur-part-1/</link>
		<comments>https://fred.tips/where-to-start-as-a-young-entrepreneur-part-1/#respond</comments>
		<pubDate>Wed, 17 Aug 2016 05:23:07 +0000</pubDate>
		<dc:creator>Fred</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Entreprenur]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Startups]]></category>
		<guid isPermaLink="false">http://fred.tips/?p=90</guid>

				<description><![CDATA[<p>I got a random text message from someone I had crossed paths with a few years back… It was so random that I had to pull the “Sorry, new phone.. who’s this?” &#8211; introductions aside, he got straight to the point and asked if I would be willing to listen to him and his business [&#8230;]</p>
<p>The post <a href="https://fred.tips/where-to-start-as-a-young-entrepreneur-part-1/">Where to Start as a Young Entrepreneur &#8211; Part 1</a> appeared first on <a href="https://fred.tips">Fred Babadjanians</a>.</p>
]]></description>
					<content:encoded><![CDATA[<p><span style="color: #000000;">I got a random text message from someone I had crossed paths with a few years back… It was so random that I had to pull the “Sorry, new phone.. who’s this?” &#8211; introductions aside, he got straight to the point and asked if I would be willing to listen to him and his business ideas.  Me listening turned into a 3 hour conversation on launching his business. </span></p>
<p><span style="color: #000000;">In the next 3 days, two more people called me for similar type conversations.  </span></p><div class="txCq5hlf" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="//pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>
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<p><span style="color: #000000;">I figure if I get 3 calls in a matter of 3 days, there has to be more people looking for this information, (aha! moment) I will document this journey with my 3 new entrepreneurs so everyone can benefit from our conversations.  </span></p>
<p><span style="color: #000000;">We spoke about:  </span></p>
<p><span style="color: #ff0000;">1. Passion.<br />
</span><span style="color: #000000;">How in love are you with your business idea?  How much time do you spend thinking about it?  How much true passion do you have for that line of work?  (Queue Confucius)  &#8220;Choose a job you love, and you will never have to work a day in your life&#8221; </span></p>
<p><span style="color: #000000;">Picture this:  You’ve had a very rough week but a very productive week.  You busted your ass all week and closed some major sales and made some nice money.  It’s now Friday afternoon at 2pm, are you exhausted from your work week?  Are you tired and ready to go to a bar to drink with the guys?  Did you just post TGIF on your Facebook page?  Or do you keep chugging along to finish the week off even stronger?  I know it’s very superficial, but understand the concept and not the example.  </span></p>
<p><span style="color: #000000;">So if I have Passion, I can make it as an entrepreneur?  No.  You need more.  Keep reading.  </span></p>
<p><span style="color: #ff0000;">2.  Work.<br />
</span><span style="color: #000000;">We are all lazy.  I’ll say it again.  We are all lazy.  Give us all a way to do the least amount of work, while earning as much money as possible…. This model will ensure your failure as an entrepreneur.  Every day, every time.  </span></p>
<p><span style="color: #000000;">Let’s break it down a little more.  How much work is enough?  How much do I need to work?  Most successful entrepreneurs will tell you that if you aren’t hitting the 60 hours a week mark, you aren’t working hard enough. One of my favorite bloggers, Neil Patel openly states that he works 60 to 80 hours a week.</span></p>
<p><span style="color: #000000;">We talk about putting in the work; everyone is always game.  Everyone always says I am willing to put in the work… Nobody imagines how much work 60 to 80 hours a week is until they do it for a week.  Still wondering why entrepreneurs are such a special breed of people? </span></p>
<p><a href="http://fred.tips/wp-content/uploads/2016/08/entrepreneur-work-week.png"><img fetchpriority="high" decoding="async" class=" wp-image-91" src="http://fred.tips/wp-content/uploads/2016/08/entrepreneur-work-week-300x150.png" alt="Entrepreneurs are willing to work 80 hours a week to avoid working 40 hours a week. -Lori Greiner" width="438" height="219" srcset="https://fred.tips/wp-content/uploads/2016/08/entrepreneur-work-week-300x150.png 300w, https://fred.tips/wp-content/uploads/2016/08/entrepreneur-work-week-768x384.png 768w, https://fred.tips/wp-content/uploads/2016/08/entrepreneur-work-week.png 1024w" sizes="(max-width: 438px) 100vw, 438px" /></a></p>
<p><span style="color: #000000;"><span style="color: #ff0000;"><br />
3.  Brainstorm.</span><br />
</span><span style="color: #000000;">Grab your notebook and jot down all of your thoughts on your new business.  Jot down ideas, opportunities, strengths, weaknesses, threats, competition, everything.  </span></p>
<p><span style="color: #000000;">Sketch visuals of your website.  How will it look?  Where will the information go?  How will it flow?  What type of content will you have on the front page?  How will people contact you?  What do you want them to know about you?  </span></p>
<p><span style="color: #000000;">This should be long; it should be a work in progress.  I keep a notebook by my bed incase I have a brilliant moment at 3am while I am feeding milk to my 1-year-old.  </span></p>
<p><span style="color: #000000;">The secret to writing notes down is that there is no right or wrong.  Just write, jot, draw, and sketch.  When you review later, you can always cross things out or move things to new sections.  The rule is, there are no rules.  Develop a system that works for you.  </span></p>
<p><span style="color: #000000;"><span style="color: #ff0000;">4.  Website.</span><br />
</span><span style="color: #000000;">You need a .com for your business.  I know you can buy a .net, .tv, .rocks, etc.  You need a .com.  Instant credibility.  </span></p>
<p><span style="color: #000000;">Lately, I have been recommending to everyone to go look through thousands of WordPress Templates online and find one that fits the model they liked during the Brainstorm stage.  Find one that flows like you had envisioned.  Can’t find one that works?  That means you lied during the Work stage.  Put in the work, you’ll find it.</span></p>
<p><span style="color: #000000;">Themes are fairly inexpensive and are great for keeping costs down while creating a presence online.  Why is an online presence necessary?  Read this:  <span style="color: #0000ff;"><a style="color: #0000ff;" href="http://fred.tips/6-reasons-why-your-small-business-needs-a-website/">6 Reasons Why Your Small Business NEEDS a Website</a></span></span></p>
<p><span style="color: #000000;"><span style="color: #ff0000;">5.  Brand-Awareness.</span><br />
</span><span style="color: #000000;">Everyone’s favorite section.  Go create your social media pages.  Go! </span></p>
<p><span style="color: #000000;">Which platform works for your business? </span></p>
<p><span style="color: #000000;">Google+: 2,500 Million users<br />
</span><span style="color: #000000;">Facebook:  1,590 Million users<br />
</span><span style="color: #000000;">Tumblr:  555 Million users<br />
</span><span style="color: #000000;">Instagram:  400 Million users<br />
</span><span style="color: #000000;">Twitter:  320 Million users<br />
</span><span style="color: #000000;">Snapchat:  200 Million users<br />
</span><span style="color: #000000;">Pinterest:  100 Million users<br />
</span><span style="color: #000000;">LinkedIn:  100 Million users </span></p>
<p><span style="color: #000000;">Protip:  Don’t use one of those account linkage things that allows you to post on Facebook, Instagram, and Twitter at the same time.  If a client is looking at your social media pages to validate you as a business, seeing the same post across all platforms looks lazy and unplanned.  </span></p>
<p><span style="color: #000000;">Reminder:  Be passionate about your work, but not putting in the work will turn your passion into your work.  </span></p>
<p>Related Article:  <span style="color: #0000ff;"><a style="color: #0000ff;" href="http://fred.tips/6-must-have-tools-to-start-your-startup/" target="_blank">6 Must Have Tools to Start Your Startup</a></span></p>
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</script></p><p>The post <a href="https://fred.tips/where-to-start-as-a-young-entrepreneur-part-1/">Where to Start as a Young Entrepreneur &#8211; Part 1</a> appeared first on <a href="https://fred.tips">Fred Babadjanians</a>.</p>
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