Employment

A business is defined as an organization or enterprising engaged in commercial, industrial, or professional activities. Nowadays, starting a new business is a very difficult task; it is one type of risk in your life. But without taking a risk, we never succeed. Young people are very intelligent and have plenty of new ideas. When they graduate from college or university, they want to start a business instead of finding jobs.

How can young people start a business? Money is an essential part of starting a business. It is not impossible to find money, but it’s not easy. Financial institutions never trust young people who want to start a new business. So, they need support. Parents can help them financially or they can partner with a good friend who can invest in their business. They invest a small amount into their business, then they can introduce an IPO for their company. The public might want to invest money in their company and they can use the money to grow the business. Every year they pay dividends to their shareholders.

Another crucial thing is self-confidence. Some young people have a fear of being unsuccessful, a fear of failure. However, most top businessmen in the world fail in starting a business. It is human nature. Without failure, we will never learn. If you don’t take a risk, you are not going to reach your goals. For example, Jeff Bezos, the founder of Amazon, had several failed ideas. Now he is one of the most successful businessmen.

But the most important things in business are experience and knowledge. If they have not enough experience in their business, they can fail in the business. Most of the people who start a business don’t have enough knowledge and experience in their business. How can I gain experience and knowledge? Hard work is the best way to become a successful business person. We can learn from failures. Failure does not always end a business but it always teaches us something. Starting a new business is one of the risks in life but it is not failing in life. It's a risk worth taking! Always work hard and one day we will succeed!