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Revealed: Successful Young Entrepreneurs’ Secrets to Making Their Dreams Come True

Revealed: Successful Young Entrepreneurs’ Secrets to Making Their Dreams Come True

Do you ever feel that you are investing in the dreams and success of others while neglecting your own? You punch a clock day in and day out, earn a meager pay-check for performing mundane tasks far beneath your capabilities, and for what–to help catapult someone else to success? If so, you are not alone. Many people are trapped in a cycle of chasing someone else’s dream for them, while theirs go unrealized.

Being an entrepreneur is the sexy new trend these days. Everyone seems to be doing it. What if you were to gain the necessary capital needed to launch your own business- would you? Or would the fear of failure stop you dead in your tracks?

If you chose to heed fear’s warning, you may be smarter than you think. Your fear is rational and not without merit. Building a startup is hard. That’s the tough reality despite all of the hype, glamour, and sexiness surrounding entrepreneurship. Statics show that over 90 percent of startups fail. [1] The odds are not in your favor.

10 young entrepreneurs show us how to achieve success

What about that small 10% who do manage to become successful? Their success is not accidental nor did it happen by chance. These young entrepreneurs prove that success is possible despite the odds. Everyone — from the young budding business person to the one looking to get out of debt — can learn something from these savvy upstarts.

1. William Zhou, Co-founder and CEO of Chalk.com

    Lesson: Connect and care.

    Chalk.com is described by Forbes as “Microsoft for teachers.” This education-based software company was birthed out of William’s desire to assist overworked, overburdened educators. His company has created software that simplifies lesson planning, assessments, and the evaluation process for teachers.

    The lesson we can learn from William is that it is important to connect and care about your customer. His primary motivation for starting this company was to provide a service to help teachers and not just to earn a great pay check. He ended up doing both.

    2. Brennen Byrne, Co-founder of Clef

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      Lesson: Keep the right people and stay away from the wrong ones.

      Clef is a replacement for usernames and passwords. The technology works through phone cryptography, eliminating the need for passwords and making logging in quick and safe.

      In an interview with AL.com,[2], Brennen cites hiring good people as one of the most important aspects that helps perpetuate his company’s success. This lesson applies in life and especially in business. You must keep good people around you. Conversely, once you find that a person doesn’t fit the company character and vision, nix them quickly. You can’t afford to wait for a person to bloom, nor can you afford to keep an employee who doesn’t support your mission.

      3. Adam Lipecz, Co-founder of Codie

        Lesson: Focus on one idea at a time.

        Codie is a toy robot and web app that introduces and teaches kids how to write code. In an interview with Forbes magazine, Adam describes Codie as being like Legos for architects.

        Adam is an idealist. He has tons of great ideas all of the time. His success has come from learning how to focus on one big idea at a time and incorporate smaller ideas into the larger one. He is confident that he will create a ton of innovative gadgets because he has the discipline to throw all of his time, energy, expertise, and resources into each idea at the appropriate time.

        4. Daniel Fine, Co-founder and CEO of Team Brotherly Love and The Fine Companies

          Lesson: Passion and drive are essential to sustaining long-term success.

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          Daniel Fine is founder and CEO of Team Brotherly Love and The Fine Companies. These companies include a sunglass company — “Glass-U”, a medical app — “Dosed”, and a tutoring firm — “NexTutors.” Team Brotherly Love has raised over $2 million for Type-1 diabetes research. Glass-U makes fully-folding sunglasses and is licensed to hundreds of universities. It has been featured at events ranging from The Rose Bowl to Lollapalooza.

          In an interview with the Huffington Post[3], Daniel says that passion and focus are the two keys he attributes to his success.

          “Those are probably the two most important things that if anybody has they’ll be able to achieve something. You need the passion and the drive in order to achieve something. Early on, you can create things without being incredibly passionate about it but you can’t consistently create things without being passionate about it. Focus is probably the next thing by a very, very close shot. The focus and drive overlap are two things that are just so necessary for you to be able to create what you’re shooting for. “

          5. Sam Shames, Co-founder of Embr

            Lesson: Your must work hard, but your work should capitalize on your strengths.

            Sam Shames is not new to success. From his college days as a star wrestler at MIT to his inclusion as one of Forbes’ 30 under 30[4] in 2015, Sam knows how to win. As a student at MIT, Sam engineered the core technology for his signature product: Wristify. Wristify is a wearable device that helps regulate temperature. It recreates the relief you feel when you warm your hands by the fireplace in the winter, or the cooling sensation you experience when you pour cold water over your head on a scorching summer’s day.

            Sam believes that you should do what you love and it should be something for which you have a natural aptitude. He was built for everything he does. Sam believes in embracing and leveraging his unique set of skills, abilities, and aptitudes. He embraces hard work but believes that work shouldn’t go against your grain and should capitalize on your strengths.

            6. Nanxi Liu, Co-founder and CEO of Enplug

              Lesson: Go “all in” with your eyes wide open.

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              Enplug is technology that transforms any digital display (TVs, jumbotrons, billboards) from a static, one-way communication channel into an interactive and real-time display.

              The entrepreneurial life is notoriously filled with risks, stresses, and sacrifices. Investing your life into a company at a young age is risky but the idea of taking risks is the fuel that propels successful entrepreneurs to keep moving forward. They don’t want, nor do they expect, failure but they understand it is a part of the process. To them, failure is a bump in the road- not the end of it. Expect it. Embrace it.

              7. Becca Goldstein, Co-founder and COO of Fever Smart

                Lesson: Always look to learn.

                Fever Smart is a non-invasive, real-time temperature monitoring system. It is a preventative solution that enables users to head off potentially dangerous health issues through early detection.

                Becca is a bit different from our other entrepreneurs. She wasn’t quite sure what she wanted to do with her life so instead of staying in college she took a year off to travel. Why? According to her, she knew she wouldn’t find the answer to the question, “Why am I here?” in a classroom. Becca, like most successful young entrepreneurs, will tell you that she doesn’t know everything but she is open to learning. Her secret to success? She is a true connoisseur of knowledge.

                8. Gabe Blanchet, Co-founder and CEO of Grove

                  Lesson: Master the art of creating win-wins.

                  Grove is built on the belief that all people — regardless of location, climate or season — can grow their own healthy food right where they live. This business empowers people to actively participate in eating healthier while eliminating negative effects to the environment such as soil erosion and contamination of water runoff, and helps slow down the effects of climate change.

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                  Gabe believes in having the best of both worlds. He and his partner are concerned with the state of the environment, mitigating hunger, and providing people with the technology that allows them to be proactive and productive in sustaining their health. They do all of this and they turn a tidy profit. He believes in helping mankind while building a powerful brand through savvy business processes. The takeaway from Gabe’s model is that your business should be a win-win.

                  9. Sarah Tulin, Co-founder and CEO of Oxie

                    Lesson: Don’t discount small ideas.

                    Oxie is an air purifier that you wear. It couples aerodynamic technology with a sleek design to protect users from air pollutants such as traffic smoke, pollen, and germs.

                    This genius idea was birthed after Sarah was assaulted by a huge cloud of bus smoke on her way to work one day. That one event has changed her life. She was able to combine her love and appreciation for fashion while simultaneously fulfilling a need. She believes that ideas — even the small ones — should be explored.

                    10. Caroline Pugh, Co-founder and COO of VirtualU

                      Lesson: Believe in yourself.

                      VirtualU integrates 3D human modeling technology with fitness and healthcare. It enables people to accurately track how their bodies change as they work out. It shows you exactly where you are losing weight and gaining muscle — in 3D! It also is being adapted to help people make more accurate selections when shopping for clothes online.

                      Caroline’s company’s mission is “to blur the lines between virtual space and reality to make the online experience as real as possible.” That is a pretty lofty goal, even for the most tech-savvy individual or company. Yet she states it with conviction and chases it with tenacity. Her mission statement truly is her mission and not just a group of words used to build a smoke screen brand. She believes in herself. She believes in her mission. She surrounds herself with those who believe in her and who push her to work harder and be better. Her belief in herself is what pushes her to keep going and makes the impossible plausible.

                      These are the secrets of ten young entrepreneurs who have beaten the odds. If you have ever felt that you are investing in the dreams and success of others instead of pursuing your own and you decide to start your own business, there is much to learn from these ten successes.

                      Reference

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                      Last Updated on November 5, 2019

                      How to Use Visual Learning to Work More Effectively

                      How to Use Visual Learning to Work More Effectively

                      Knowledge is essential to become successful in life, your career and your business. Without learning new concepts and becoming proficient in our craft, we cannot excel in our chosen careers or archive knowledge to pass down to the next generation.

                      But content comes in various forms, and because how we learn influences how much we know, we need to talk about learning styles. This article will focus on how to utilize visual learning to boost your career or business.

                      The Importance of Knowing Your Learning Style

                      Knowing your learning style enables you to process new information to the best of your ability. Not only does it reduce your learning curve, you’re able to communicate these same concepts to others effectively.

                      But it all starts when you’re able to first identify the best way you learn.

                      As a college student, I soon figured out that taking online courses without visual aids or having an instructor in front of me led to poor retention of concepts.

                      Sure, I got good grades and performed excellently in my online exams. However. I discovered that I couldn’t maintain this performance level because I forgot 80 percent of the course content by the end of the semester.

                      There are several types of learning styles known to mankind. To give an idea of how visual learning stacks up against other learning styles, here’s a brief mention of some of the different types of learning styles we have.

                      The four most popular types of learning styles are:

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                      • Visual learning style (what this article talks about).
                      • Aural or auditory learning style (learning by listening to information presented).
                      • Verbal or linguistic learning style (learning that involves speech and writing).
                      • Tactile learning style (learning by touching and doing)

                      But for the purposes of this article, we will be focusing on using visual learning to boost your career or business.

                      How to Know If You’re a Visual Learner?

                      When it comes to boosting your career, business (or education), a visual learner is one who would most definitely choose shapes, images, symbols, or reading over auditory messages.

                      I’m talking about preferring to read an actual map when navigating to a new place over listening to verbal directions. I’m talking about discovering that you actually have trouble remembering what your manager said at the meeting because there were no graphs or illustrations to support the points raised.

                      Most people who struggle with learning probably aren’t leveraging their best learning styles. The earlier you identify how your learning style can boost your success, the less struggle you will encounter with processing new information throughout your career.

                      However, visual learning in particular CAN 10x your career or business whether it is your preferred learning style or not. And here’s why:

                      Several studies have arrived at the conclusion that the brain retains more information with the help of visual aids. In other words, images are directly processed by our long-term memory which helps us store information for longer periods of time.[1]

                      While some lessons can be performed orally, several concepts can only make sense if you have an image with an explanation of sequences (i.e learning about the human DNA).

                      Visual learning does use a different part of the brain and visual cues are processed by the part of the brain known as the occipital lobe.

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                      By engaging more parts of the brain during learning, you’re able to have a fuller understanding of concepts and facilitate better interaction with your immediate environment.

                      How to Use Visual Learning for Success

                      Here’re 4 ways to use visual learning to boost your career or business:

                      1. Bring back the to-do list. Then add shapes and colors to boost productivity.

                      We live in an age where computers have taken over virtually every aspect of productivity and most human functions. But written lists are making a comeback, and with an endless number of important tasks to complete, having a to-do list of tasks in order of importance can improve your productivity.

                      While coming up with a list is initially challenging, adding colors and shapes to written lists that you personally write and manage gives you an extra layer of assurance and boosts aids recall so that you actually get stuff done.

                      I have tried this technique in my work as a registered nurse and discovered that adding shapes and colors to to-do lists helps me delegate tasks, recognize where more work is needed, and makes it easy to cross off completed tasks at the end of the day.

                      2. Add graphs, charts and symbols to your reports.

                      Yes, it seems like more work cut out for you. However, graphs enable you monitor the heartbeat of your business.

                      Graphs and charts help you trend your finances, budget, and pretty much any data overtime. With the help of free and premium software available on the market, it has become easier to take plain data and in a matter of seconds, have relevant information displayed in different shapes and images.

                      As an entrepreneur, you can make predictions and allocate funds wisely when you’re able to see whether your efforts are rewarded. You can use colors and charts to delegate actions to members of your team and track performance at the same time.

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                      And when broken down into monthly, quarterly, bi-annual or annual goals, graphs and charts communicate what ordinary text cannot.

                      3. Effectively brainstorm with mind-mapping.

                      Mind-mapping is not new but I don’t think it’s been talked about as often as we do to-do lists.

                      With mind mapping, you’re organizing information accurately and drawing relationships between concepts and pieces from a whole.

                      Think of a mind map as a tree with several branches. For example, the tree can symbolize healthcare while each branch stands for nursing, medicine, laboratory science, and so on. When you look at nursing, you can further branch out into types of nursing; pediatric, women’s health, critical care, and so on.

                      It’s an interesting relationship; the more ideas you’re able to come up with for your chosen subject, the deeper you get and the stronger the association.

                      Mind maps really show you relationships between subjects and topics, and simplifies processes that might seem complicated at first glance. In a way, it is like a graphical representation of facts presented in a simple, visual format.

                      Mind mapping isn’t only limited to career professionals; business owners can benefit from mind mapping by organizing their online learning activities and breaking down complex tasks into simple actions so that you can accurately measure productivity.

                      4. Add video streaming to meetings.

                      What if you could double the productivity of your team members by video streaming your meetings or adding flash animation to your presentation at the same time?

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                      When you offer video as an alternative method of processing information to colleagues, there is a greater chance of retaining information because we recreate these stories into images in our minds.

                      For organizations that hold virtual meetings, it can also be an effective way to enhance performance during if people can see their colleagues in addition to flash animation or whatever form of video is provided during the meeting.

                      Is Visual Learning Better Than Other Learning Styles?

                      No, that is not the point. The goal here is to supplement your existing dominant learning style with visual learning so that you can experience a significant boost in how you process and use everyday information.

                      You might discover that understanding scientific concepts are much easier after incorporating visual learning or that you’re able to understand your organization’s value when projected on a visual screen with charts and graphs.

                      The overall goal is to always be learning and to continue to leverage visual learning style in your career and business.

                      More About Learning Styles

                      Featured photo credit: Unsplash via unsplash.com

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