Why support young entrepreneurs?

At GoForth Institute, we support the passion, innovation and indomitable spirit of young entrepreneurs. Why is this important? Let’s have a look at the amazing things that young entrepreneurs can do.

17 well-known businesses started by young entrepreneurs

Some of very well-known companies weren’t created in a boardroom by a committee of seasoned professionals. Here are a few businesses that were started by entrepreneurs under the age of 35. You may have heard of them!

    • Apple Inc
    • eBay
    • Everlane
    • FedEx
    • Glossier
    • Google
    • IKEA
    • Motown Records
    • Mrs. Fields
    • Oculus
    • Snapchat
    • Spanx
    • Spotify
    • Tumblr
    • Virgin Records
    • Warby Parker
    • WordPress

What great things can young entrepreneurs do?

While entrepreneurs of all ages can be successful and passionate, younger people have unique optimism, endless energy, and fresh ideas. Because they’re not as set in their ways as older people can be, they’re often more willing to try new things, and can bounce back quickly from mistakes they may make. These qualities, plus with their ability to adapt to new technologies, make them natural leaders in the ever-developing small business climate.

At GoForth Institute, we believe strongly in the importance of small business education and supporting entrepreneurs of all ages. If you’re a younger entrepreneur, we advise you to find a trusted mentor, whether it’s in the field you want to enter, or just an experienced person who you trust to point you in the right direction.

We also strongly advise you to even the playing field by knowing your business inside and out. Create a business model and vision statement, and be able to show clear leadership, organization and ownership of your business. To take it a step further, why not try answering the 6 common questions investors ask in a pitch? Even if you’re not seeking investment, they’re valuable, foundational things to know.

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