CHALLENGES FACING YOUNG ENTREPRENEURS - lack of experience - lack of knowledge - no credit history - no collateral

HOW TO GAIN EXPERIENCE BENEFITS FOR YOUR FUTURE BUSINESS - part-time job - summer job - volunteer work - school leadership positions - learn about how to act in a business - develop contacts - networking - savings - firsthand knowledge

STRATEGIES FOR ENTREPRENEURIAL SUCCESS 1.Think first – PLAN Your business idea Consider all problems from all perspectives. This allows you to anticipate and overcome obstacles before they arise Impulse decisions can be bad decisions

2.Believe in Yourself Resist pressure to conform. Be confident in your own abilities Entrepreneurial insight is a unique way to see opportunities.

3.Enjoy the Challenges a venture should be - challenging - allow you to be creative - suit your personality - be compatible with your goals

The Summer Questions… 1.Where are you going to work this summer? Describe your job including the tasks that you will perform at that job. (if you don’t have a job lined up, make it up – always lie when you don’t know) 2.Where do you see yourself working in 5-10 years? Describe that job. 3.Describe how you might use technology ie computers in a future job?