Do’s and don’ts: business tips for teens

You might be able to start a small business if you have the personality required to balance an active social life with your academic success. But you can avoid burning out and make the most of your experience as a young entrepreneur by following a few best practices:

DO establish boundaries. If you're not managing your time effectively, excitement for a new project might interfere with your academic work. Consider creating a weekly schedule and starting with your top priorities.

✅ DO be responsible for your actions. It's crucial to honor commitments you've made to clients or customers. "It's simple to make a mistake and realize that you completely forgot about your goal. I see, whatever. 

The founder of Color HerStory, 19-year-old Simone Hufana, says, "I'll check into it next week.

Don't question yourself. Whether it's mending bicycles, mastering video games, or creating websites on your own, you're excellent at what you do. There are many business ideas to suit every personality, but if you're an introvert, making the transition from hobby to business may require you to venture a little outside of your comfort zone.

DO take chances. Of course, within reason! Mateo Galvez, the 19-year-old founder of LOTTA WORLDWIDE, asserts, "I definitely think you have to have a strong mindset." You can't be scared, I say.

Don't take on too much. Pick a business venture that fits your current schedule. Choose a business that requires little of your time if you're already pressed for time, like a print-on-demand or dropshipping store.

✅ FUN IS A MUST. A small business can be a great learning experience, but it should also be enjoyable for you. Whether you're selling music lessons or providing pet cleanup services, pick a business venture that makes you happy rather than anxious.

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