Advertising
Advertising

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

    Advertising

      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.

          Advertising

          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.

              Advertising

              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.

                  Advertising

                  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

                      More by this author

                      Denise Hill

                      Denise shares about psychology and communication tips on Lifehack.

                      3 Reminders to Help You Enjoy Life Even When Life Is Tough 20 Simple Ways to Bring Positive Energy into Life Right Now Why It’s Never Too Late To Redefine Yourself 30 Best Business Podcasts That Help Entrepreneurs Become Successful Day 10 Shocking! Exercise Right After Eating Ain’t That Bad for Health

                      Trending in Entrepreneur

                      1 25 Important Investment Books Every Entrepreneur Needs to Read 2 How to Start a Startup Fast: 5 Essential Steps 3 10 Simple Yet Powerful Business Goals to Set This Year 4 How to Start an Online Business That Will Grow and Succeed 5 How to Succeed in Business: 10 Skills Every Entrepreneur Needs

                      Read Next

                      Advertising
                      Advertising
                      Advertising

                      Published on August 4, 2020

                      36 Important Resume Skills (For All Types of Jobs)

                      36 Important Resume Skills (For All Types of Jobs)

                      Most jobs require specialized skills. At the same time, there are a lot of resume skills that apply across the board.

                      If you’re on the hunt for a new job, give your resume a refresh. Employers want to know: Can you communicate effectively? Are you easy to get along with? Can you manage your time effectively?

                      Remember, you may not get a second look. Use your resume to make a great first impression.

                      Holistic ability is what employers want to see when hiring. These resume skills can make you a top pick regardless of what role you’re applying for.

                      Communication

                      Being properly understood is critical. On any team, you must be able to relay and interpret messages with speed and precision. How you describe yourself, the concision of your phrasings, and the layout of your resume are great ways to showcase these skills.

                      1. Writing

                      Whether it’s emails or official documents, writing skills are essential for candidates in any industry. Clear, concise phrasings minimize misunderstandings and save the recipient time. This is probably one of the most important resume skills.

                      2. Verbal Communication

                      Speaking clearly and eloquently is one of the first things a hiring manager will note in an interview. Communicating over the phone is commonplace in business. Outline this skill on your resume, and they’ll invite you in to listen for themselves. This is easily one of the most important resume skills in most industries.

                      3. Presentation

                      Sales pitches and company meetings may include presentations, which require special communication skills. Being able to spearhead and properly carry out a presentation shows organization and resolve.

                      4. Multilingualism

                      Knowing more than one language can open doors for you and the business you represent.[1] Being able to speak another language allows your company to serve a whole new demographic.

                      5. Reading Comprehension

                      At any job, employee handbooks, company newsletters, and emails will come your way. Being able to decipher them quickly and effectively is an important resume skill. This goes hand in hand with having excellent writing skills.

                      Advertising

                      Tech Savvy

                      Technology is evolving rapidly, especially in the business world. Be sure to mention the technologies you’re familiar with on your resume, even if you don’t expect to use them daily.

                      6. Social Media

                      Almost everyone has some form of social media these days. Companies use platforms like LinkedIn and Facebook to reach new audiences, provide customer service, and build brand loyalty.

                      7. Operating Systems

                      Can you use a Mac? What about a PC? Most jobs today require the use of a computer. Prior experience navigating common operating systems will help you acclimate much more quickly. This has become an important resume skill ever since the start of the information age.

                      8. Microsoft Office

                      Of all the software in the world, Microsoft’s Office suite might be the most popular. Word, Excel, Powerpoint, and Outlook are widely used in the business world. Having this as part of your resume skills is very helpful especially in certain industries.

                      9. Job-Specific Programs

                      Did you get the hang of HubSpot in your last role? Is Slack something you’ve mastered? Be sure to mention them on your list of resume skills. These demonstrate that you can pick up new tools quickly.

                      Interpersonal Skills

                      Despite the rise in technology, businesses are run by people. Working with and for people means you need to be able to handle yourself with poise in different social settings. Highlight roles and situations on your resume that involved tricky conversations.

                      10. Customer Service

                      No company can succeed without its customers. Being able to treat customers with respect and attention is an absolute must for any applicant. Specific industries regard this as the most important resume skill their prospective employees should have.

                      11. Active Listening

                      Listening is an underrated skill, especially for leaders.[2] If you can’t listen to other people, you’ll struggle to work as part of a team.

                      12. Sense of Humor

                      You might wonder why having a sense of humor is a part of your resume skills. Humor is important for building rapport, but getting it right in the workplace can be tough. Everyone loves someone who is entertaining and can lighten the mood. On the other hand, people are turned off by immaturity and inappropriate jokes.

                      Advertising

                      13. Conflict Resolution

                      A customer stomps up to your desk and starts yelling about a problem he or she is having – how do you handle this situation? The right approach is to work to resolve the situation, not to escalate or avoid it.

                      Teamwork

                      One of the best parts of any job is the bonds you build with your co-workers. Fostering healthy relationships can make the workspace more enjoyable for everyone.

                      14. Collaboration

                      Whatever your line of work, chances are good that you’ll be working with others. Being able to collaborate effectively with them is critical if the whole team is to hit its goals. You can use various apps and tools available to help you collaborate with your team.

                      15. Leadership

                      Even if the title of the job you’re applying to isn’t “manager” or “executive,” there will still be moments when it’s your turn to lead. Prove that you’re up to the challenge, and you’ll be looked at as a long-term asset. Listing this as one of your resume skills is certainly an eye-catcher for most.

                      16. Reliability

                      Work isn’t always easy or fun. You have to be willing to pull your weight, even when times are hard. Otherwise, your co-workers won’t feel as if they can count on you. Reliability is important in maintaining the cohesion of a team. You should let people know that they can rely on you.

                      17. Transparency

                      To work as a team, members must be willing to share information with each other. Are you willing to own up to your mistakes, share your challenges, and accept consequences like an adult? Let them know that you’re transparent and reliable.

                      Personal Traits

                      Your resume is about selling yourself, not just your education and work history. The good news is, your “soft” skills are a great opportunity to differentiate yourself. Use bullets beneath your past experiences to prove you have them.

                      18. Adaptability

                      In any role, you’ll need to adjust to new procedures, rules, and work environments. Remember, these are always subject to change. Being able to adapt ensures every transition goes smoothly.

                      19. Proactivity

                      An autonomous employee can get work done without being instructed every step of the way. Orientation is one thing; taking on challenges of your own accord is another. Being proactive is an essential resume skill, especially if you’re eyeing for managerial roles in the future.

                      20. Problem-Solving

                      When problems arise, can you come up with appropriate solutions? Being able to address your own problems makes your manager’s life easier and minimizes micro-management. Problem-solving is an important yet often overlooked resume skill.

                      Advertising

                      21. Creativity

                      Can you think outside of the box? Even roles that aren’t “creative,” strictly speaking, require creative thinking. Creativity also helps in your ability to solve problems.

                      22. Organization

                      Staying organized makes you more efficient and reduces the risk of mistakes. Organization skills make life easier not just for you, but also for other members of your team. This makes it an important skill to put in your list of resume skills.

                      23. Work Ethic

                      Every company wants hard workers on its team. You’re applying for employment after all, not a place to lounge around. Putting this on your list of resume skills is just as important as actually exhibiting it in the workplace once you’re hired.

                      24. Stress Management

                      How well do you work under stress? If you’ll be required to meet tight deadlines, you’ll have to prove you can handle the heat.

                      25. Attention Management

                      Whether you’re developing a partnership or writing a blog post, attention to detail makes all the difference. People who sweat the details do better work and tend to spot problems before they arise. Use Maura Thomas’s 4 Quadrants of Attention Management as a guide to managing attention.[3]

                      26. Time Management

                      Time is money. The better you are at using company time, the more valuable you’ll be. Show that you can make every second count. Managing your time also means being punctual. No employer wants to deal with a team member who’s constantly tardy. This is commonly included in most people’s resume skills, but not everyone lives up to it.

                      27. Patience

                      Things won’t always go your way. Can you calmly work through tough situations? If not, you’ll struggle with everything from sales to customer service to engineering.

                      28. Gratitude

                      When things do go your way, are you gracious? Simply being grateful can help you build real relationships.[4] This also helps foster a better team atmosphere.

                      29. Learning

                      Employers want to invest in people who are looking to grow. Whether you love to take online courses, read, or experiment with hobbies, make sure you show you’re willing to try new things.

                      30. Physical Capability

                      Many job postings have the classic line, “must be able to lift X amount of pounds” or “must be able to stand for X hours per day.” Play up past positions that required you to do physical labor.

                      Advertising

                      31. Research

                      How easily can you dig up new details about a concept? Research skills are critical for marketing, business analysis, writing, account management, and more.

                      32. Money Handling

                      Being able to count bills quickly and accurately is important at any company with a brick-and-mortar storefront. Integrity and honesty are key when you’re running the cash register or reconciling bank statements.

                      Commitment

                      To employers, every new hire represents an investment. Are you worth investing in? Prove it. Employers need to see signs of commitment before they bring you on board.

                      33. Longevity

                      Hiring managers love to see long tenures on your resume. This suggests that you’re in it for the long haul, not just passing through for a quick buck.

                      34. Fidelity

                      For an employer-employee relationship to work, there has to be trust. Employers tend to find out when someone is hiding side gig or sharing information they shouldn’t be. References from past employers can prove that you’re loyal to companies that hire you.

                      35. Obedience

                      You won’t agree with every choice your employer makes. With that said, you have to respect your role as an employee. Obedience is about doing what your leader decides is best, even if you have a different perspective.

                      36. Flexibility

                      Life is full of surprises. A month into your new job, your role could change entirely. Flexible people can roll with the punches.

                      Final Words

                      Perform a self-audit: Which of these skills will your potential employer want to see? Add them to your resume strategically, and you’ll be that much closer to your dream job.

                      Tips on How to Create a Great Resume

                      Featured photo credit: Van Tay Media via unsplash.com

                      Reference

                      Read Next