I’ve spent a good part of this week interviewing young business-owners for a forthcoming Enterprise Nation toolkit for young people starting their own enterprise. One of the questions I’ve been asking is: ‘If you were speaking to your (slightly) younger self now, what business advice would you pass on?’
Jewellery-maker Maria Allen – who’s just 23 and has been selling her own creations since her mid-teens – came up with this great list of start-up tips that I think anyone starting a business would benefit from taking on board.
1. Don’t be afraid to ask people in the industry questions.
2. Find friends, family members that can help you in specific aspects of your business, such as making, web design, graphic design, photography and press.
3. Don’t be afraid to try out ideas or approach new people or shops. The worst that can happen is that they say no!
4. Offer the best customer service you can.
5. If you are selling a product, photograph it on a clean white background.
6. Open a separate bank account for your business and keep records of all your income and expenditure as early as possible!
7. Try to start the business small, with minimum risks and costs. Be as creative as possible on a budget.
8. Never stop doing your research; look at what is already out there at the moment and find your USP, a way that you can offer something different to what is already out there
9. Always be looking to improve all aspects of your business!
Simon, Enterprise Nation editor
Read more by Maria
Any tips to add to Maria’s list?
Do you have any tips for start-ups that you’d like to add to Maria’s list? Please leave your suggestions below.