Advice to Millennials from a Millennial.
COVID-19 has caused a massive shift in what people want, driving many millennials to bring their entrepreneurial dreams to life, but it is important to note that getting started with your own business does not happen overnight. It is quite a long process that requires a lot of dedication.
Olivia Starling, founder and CEO of jewelry brand Starlette Galleria, highlights that even though starting a business can be an overwhelming and daunting task, there are ways to help make the process easier--and more successful.
Here are five things every millennial business owner needs to know-provided by a millennial business owner:
This is not your parents' business. 'The way that we do business today looks completely different than the way our parents did business. If you are anything like me, your parents might not understand what you do at all, and that's okay. Remember, they have valuable insights, but those insights might not always align with the digital age we live in."
Know how to do every job in your business. "Don't hire out a position before having some kind of basic understanding of how to do it yourself. When you first start out and it's only you, you will know how to do everything, but once your business grows and scales, you will start hiring out various roles. Before you make decisions on how to grow, make sure you understand the job you are hiring out. I have seen well-intentioned business owners get burned because they blindly trusted that...
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