Loading...
Answers
MenuShould you start a company as a 14/15 year old when you have got a good idea an you are able to make it real (Design, development, etc.) ?
This question has no further details.
Answers
Yes! I ran a silk-screen printing business when I was 15. It was a great learning experience.
Do you ever watch Shark Tank? This episode has all kid/teen entrepreneurs:
http://www.huffingtonpost.com/2014/03/12/shark-tank-kids-episode_n_4950983.html
Here's a Ted talk check out:
https://www.ted.com/talks/maya_penn_meet_a_young_entrepreneur_cartoonist_designer_activist
Remember, most adult entrepreneurs have no idea what they are doing! We try things, see what sticks, and learn from our mistakes.
Of course!!
For the legal aspects you might need an adult like your mom or dad. Someone you trust, try forming an llc as a partnership so that both have control and access to decisions.
Now, in regards to your schedule and ability to focus and commit; lets face it you are a teenager and thus have to deal with other things that will want to grab your attention so my only suggestion is to be careful in biting too much and then having a business you either cant handle because of school, parents, etc... Or simply not interested anymore to commit as much as it demands.
If you have trouble ideating or fine tuning and if your working on a novel idea:
Work on an elevator pitch:
Crafting an elevator pitch is a tried-and-true tactic for people who have trouble getting to the core of an idea. But gor your business people your age, this helps look more professional, and allowd you to sway people your way for investment or etc.
A pitch: developing a 30-second description of your strategy can help you think about how you’re going make things happen. Use these three questions to build your pitch:
1. What’s the conflict?
2. What’s the impact of the conflict?
3. What’s your resolution?
Also, thr problem usually gives you the solution.
Email me if you want mote free guidance! Id love to be a mentor in what i can! Iwill@unthink.me
Yes. I started my first company when I was 13. It was because of my early development efforts and consistent outreach that got me a full time job.
Related Questions
-
I'm looking for a great full service app design firm to build my app and help with all design, branding, development, etc. Anyone know any good ones?
Yes. Who I would recommend would depend on what you'd like to see happen. Are you building only for iOS, or only for Android, or both? Will you have a bunch of content/stuff in your app or just a little? Are you thinking game or non-game app? Do you already have a big fanbase or would you be trying to build one while building the app? It's easy to save a bunch of money on mobile development if you know how, and even easier to overspend. Making an app can be a ton of fun or a major headache. I'd recommend the fun. So if you want an outside perspective, give me a ring.AC
-
What is the best way to find full stack mobile developers who are willing to work with me for equity, and what is fair compensation?
It's highly unlikely that you will be able to find competent full-stack mobile developers willing to work with you for equity, but if you do, "fair" compensation would be 50% or more of the equity in the Company. Approaching any developer with just an idea, diminishes your credibility as a potential co-founder. Here's why: If you're non-technical, you must show a "relentless resourcefulness" in moving your idea forward. This means finding the money necessary to get an MVP or even click-able prototype completed to show that while you might not be technical, you have the ability to raise money, and have enough product sense that you can articulate that into a prototype. If you can't raise or spend the relatively small amount of money required to successfully build a prototype, what evidence are you providing that developer that you are going to be able to create value for the business long-term? Full-stack mobile developers (although this is often quite a misnomer) are one of the most in-demand skill-sets of all Silicon Valley companies. That means that you're competing against established companies that can pay top dollar, and still provide meaningful equity incentives as well as recently funded startups who have further along the road in turning their idea into reality. I would suggest that you look at hiring contractors (I know of some great mobile dev shops that are reasonable) to build your first version. Expect to go solo at least until you have some form of early prototype. Then, you're in a much better position to attract a technical co-founder. Happy to talk you through any of this at any point.TW
-
I've been working on an app concept for 6 months and built an MVP. Is it better to pay a development firm to build or hire a developer as a cofounder?
I have built two software companies by hiring out the development work. I sold one for a decent sum during the dot com era (circa 1999). I remain a shareholder in the other one. I currently work with amazing development company on behalf of one of my clients. Here are some things to consider. 1. Do you really want to give up equity? If not outsource. 2. How fast do you want to get to market? If sooner than later, outsource. 3. How capitalized are you? If undercapitalized, either outsource offshore (which runs about 20% of US rates), or bring on an equity development partner. I offer a free call to first time clients. Let's chat and I'll give you some great advice from three decades of experience. Just use this link to schedule the free call: https://clarity.fm/kevinmccarthy/FreeConsult Best regards, Kevin McCarthy Www.kevinmccarthy.comKM
-
For a once-off price point of $2,500, what would you expect from an agency-grade marketing package? Consulting, design, digital asset, tool, campaign?
Consider instead where a $2500 price point puts you. I use a selling technique called Monetizing The Problem, and in that process I get the prospect to calculate the size of their problem. Then I charge 5-10% of that figure. There's never any resistance, because they see where the number comes from, how it's based on reality--and a number THEY came up with (not me). So here you are at $2500. Let's be conservative and say that's 5% of the size of the problem. Meaning you are trying to help them make $50K in sales over the next year. What kind of a business has a revenue goal of $50K? A sole proprietor who's just trying to get by? Is that your target customer? Really think about this. A serious SME won't play at the $2500 price point, because it's too low. They know the vendor can't commit enough resources to do the job they really need done. For instance a business with only four high-value employees plus the owner needs to bill at least $60K A MONTH to survive!! Why would they let you touch their marketing collateral (that's their website) for a mere $2500?! Stay at $2500 and you're attracting a really low level of client. If you have the horsepower to achieve more with the skills you have, then I highly recommend going after a better class of customer.JK
-
How do you build a MVP for an innovative tech b2b product? We would need good amount of funding to build a decent MVP and show businesses.
The idea of an MVP is 'minimum, viable' ... If you feel you need a "good amount" of funding, I would challenge if you are minimum enough. Obviously, without knowing the details of your product, your ideal customer, or what need you will solve, it is hard to help expose what is necessary in an MVP and what is a Phase II or Phase III feature. I am happy to help you work through this, or answer specific questions, to get you rolling. Just book a call with some times that will work for you. Regardless, I would love to know more about it and how it goes after launch. To your success, -ShaunSN
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.