Sachin Karpe shares 10 success tips for young entrepreneurs-
Do what you love – All successful teen businesses have one factor in common: Their owners love what they do – so choose a small business idea that aligns with your interests, no matter what they are. Know what you want – Are you willing to leave school if your business takes off? Or do you envision your business as a side project? Being able to answer questions like these will help you organize your time and priorities. Be radical – In your late teens and early 20s, your thinking is fresh, original and full of energy. Don’t be afraid to try something no one’s ever done, create an off-the-wall product or shake up an existing market by changing factors (such as a service or delivery model) that established companies take for granted says Sachin Karpe
You should know and follow the formula for success and failure says Sachin Karpe. Failure is not a single, cataclysmic event. We do not fail overnight. Failure is the inevitable result of an accumulation of poor thinking and poor choices. To put it more simply, failure is nothing more than a few errors in judgment repeated every day. Now here is an interesting question worth pondering: How can we change the errors in the formula for failure into the disciplines required in the formula for success? The answer is by making the future an important part of our current philosophy. Both success and failure involve future consequences, namely the inevitable rewards or unavoidable regrets resulting from past activities. If this is true, why don’t more people take time to ponder the future? Sachin Karpe says the answer is simple: They are so caught up in the current moment that it doesn’t seem to matter. The problems and the rewards of today are so absorbing to some human beings that they never pause long enough to think about tomorrow.