In the book 50 Interviews: Young Entrepreneurs, the authors, Nick Tart and Nick Scheidies interviewed Savannah Britt, who runs GirlPez.com, an online fashion magazine. She shares some great advice about managing your time while running a business.
On Time Management and Business Plans:
Savannah Britt is in high school,plays basketball and runs a magazine. She works on her mag on Saturday mornings and keeps a calendar in front of her. She also planned her business: “Basically, I wrote an outline. It was pretty brief, but it covered everything about the magazine: who I want to serve, who it will circulate to, and where I see myself in ten years.”
“There is no reason to be hesitant. I know they might be nervous, they might be shy, and they might want to give up after their first try – but becoming an entrepreneur is a learning experience. You are going to use a lot of the things that you learn now as an entrepreneur when you’re an adult. Just try it. If you don’t like it, then you can stop – but at least you will be able to say that you tried. And it’s fun.”
I highly recommend Nick & Nick’s book. You’ll find more great stories of teenagers, like Savannah, who have started their own business. You can learn a lot from them!
Carol Topp, CPA