As an entrepreneur myself, I understand the power of testimony. So when I see a fellow entrepreneur find success, it’s inspiring.
I was reading about an unlikely entrepreneur this morning whose story I’d like to share. His name is Henry Miller and he’s only 14 years old.
The story begins when Miller visited The Georgia Sea Turtle Center during summer break. Like lots of kids his age, Miller had fun, took pictures and learned sea turtles don’t lay eggs until they’re 30 or 35. For most teens that would have been the end of it, but not for Miller. It seems this teenager is a natural born entrepreneur and activist.
Indeed, Miller has a track record for launching entrepreneurial ventures that he uses to support his pet causes. For example, when Miller was just 11 years old he learned about Colony Collapse Disorder and started his own business donating part to The Foundation for the Preservation of Honey Bees. He reminds, “You know we’ll only last seven years once bees are gone.” Read more... top ▲
Need a little entrepreneurial inspiration? Katalina Pinkney offers plenty.
In many ways, Pinkney is your typical teenage California girl. Typical, that is, if she wasn’t the Chief Executive Officer of a wildly successful skin care product company.
Pinkney founded Tahiti Waheennee. The company produces and wholesales skin care products to hundreds of retailers across the U.S. and in Canada. Her success is no accident. She had a strong entrepreneurial pull to build a company while still in high school—and that determination drove her to success.
“I wanted to build a successful business that creates great products, jobs and ultimately does good things for other people,” says Pinkney. “My generation is learning lessons from watching the older generations and the fallout from the global recession. Read more... top ▲
There’s been plenty said about how hard it is for small businesses to get loans. How about entrepreneurs raising capital? Lucky for you, we ran across an article in Forbes and Entrepreneur magazine today that offers a decent list of creative ideas.
You can check out the entire article for yourself, but here are some ideas from Forbes to get the creative funding juices flowing:
- Partnering with another company through a research and development limited partnership
- Applying for government grants
- Obtaining venture capital funds
- Using public or private equity placement
- Seeking out angel investors (private business investors)
Here are some more funding tips from Entrepreneur magazine. These specifically relate to getting funding from friends and family, also known as angel investors: Read more...
- Don’t be afraid to ask, carefully.
- Be upbeat and respectful.
- Be passionate about the idea.