Today it is quite possible and indeed common for people to set up their own business while they are young. Perhaps as soon as they complete their degree and leave university in their twenties. Many people have no interest in joining the rat race anymore. Instead, they want to get straight to a place where they can make large amounts in profit without climbing up the ladder to reach the start. That’s understandable, and if you have an idea that’s going to sell and a way to implement it, there’s nothing stopping you from doing this.
Unfortunately, though there is the slight issue of perception. To be successful on the marketplace, you need to be perceived as a professional. You’re going to need other businesses to want to deal with you and clients, or customers need to be able to trust you. This is where things get a little complicated in your twenties.
Like it or not, when you’re that young there is the perception that exists that you are inexperienced and inept. You’re going to need to work on this perception, and there are a few ways that you can do it.
Get Qualified
The first step is to make sure you get killer qualifications, and it’s not just about getting the degree but also the grades. If you want to start your own business, you really need to leave uni with a first. Hey, wait a minute, didn’t Gates start Microsoft after dropping out? Yes, he did, but it’s important to understand this is the exception, not the rule. For us mere mortals, grades are important, academic achievement is important. It shows that you are taking things seriously and that you do have the expertise necessary to run a company.
Look Bigger Than You Are
If you’re thinking about setting up a business, you might be planning on running it from home. It’s not a bad idea, and it will certainly allow you to keep costs low. But the problem is that your company will look quite small and measly. If you want to make sure that costs are low and your business still seems impressive, then we suggest you explore the possibility of a virtual office. Grosvenor St Pauls and similar companies offer this possibility. To clients, customers and other businesses, it looks like your business is being run from a main office in the city when the reality is that it could be run from anywhere. You can add this by also have a virtual phone number. So, if you want customers and clients to think they are ringing an office in London, that can be a possibility.
Appearances Matter
Finally, at certain points, you will need to meet investors and potential business partners or large clients. It is essential that you look the part. You don’t want them to feel like you are just a kid playing with monopoly money. Dress well, look impressive and make sure they come away from the meeting eager to sign on the dotted line.
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