Hello to whoever reads this!
I’m a 21-year-old trying to navigate the path my future will take. I come from a lower/middle-class family, the way I’m currently living feels like a potential nightmare if it shapes my future or the resources I can provide for my future children. I understand you might wonder why I’m thinking so far ahead, but with many of my peers progressing in their lives and graduating university, I can’t help but consider my own trajectory. I want to build a name for myself, and in this era of high living costs, a normal job might not suffice. It seems like nowadays the only wealth that lasts is being born into generational wealth, which I wasn’t born into and so now I’ve gotta think outside the box.
Now, during my university break, the idea of starting a business or venturing into e-commerce (specifically, dropshipping) has been on my mind. However, navigating this market proves challenging, given the advice, some say “dropshipping is dead” while others sell their courses. It’s a bit overwhelming, and I’m left wondering where to start and who to trust for authentic guidance. Ultimately I aim to invent and launch a brand, my current wage feels inadequate for such goals. Therefore, my plan is to build my income before diving into the challenges of running a business.
I find myself at a crossroads, uncertain about the best path forward. I’m determined to make money, so any advice or guidance would be greatly appreciated. Help a person out.
I wouldn’t afraid of start something that others say its a bad idea. Usually this is how good ideas born.
You are in one of the most perfect situation. Young, No experience but already have feelings to build business.
What I would do if I were you is I would spend a few days with my thoughts to find the perfect business idea that I would really love to do. Lets say ecommerce. If I have the idea I would start to work out a plan from the first step until the very last. What I want to sell, where I want to sell it, how my website would look like, who are my competitors, who are my potential customers, how can I advertise, how can buy items that I want to sell and what is the journey of this item etc. there will be a lots of question that you need to find answer.
While Im working out my business plan (Probably takes months to fully finish it) I would try to find a job where I can see all of these in practice. So I would look for job at an e commerce business and I would also write a list what are my goals to work there (what I want to learn) and I would try to be friendly with every department so I can ask questions about their jobs. The smaller the business the closer the people to eachother. Ohh and I wouldn’t care about the payment I dont want to spend my entire life there I just want a 2-3 years of experience to start my own business.
If you stay consistent with your strategy and your goal stays clear you will be already ahead of 90% of the entrepreneurs when you start your business.
Another thing I would take into consideration is to start a “practice” business while I have a full time job. It will be awful and probably cringe aswell but at least good for building experience. Experiment with a lots of thing and when you feel ready you can restart everything with the new brand.