Starting a business is a challenge, especially for entrepreneurs who entered the category of young and lack experience. The biggest challenge may be not only lies on target to achieve revenue but in fact in building credibility. While going to drain a lot of attention, time and effort but do not let age deter step in building credibility.
“Young and inexperienced can be a real challenge,” said Susan Gregg Koger, 26, founder of ModCloth online fashion retail companies he founded at the age of 17 years. Now, the company has 240 employees and has opened a branch in San Francisco, Los Angeles and Pittsburgh. “Learning quickly and understanding what the user wants Facebook and Twitter it is important to study the demographics and consumer tastes,” he explained.
He added that it was important to implement a strategic approach in developing the business, especially when you have no experience as a capital. That is the importance of building credibility. But, how?
Here are five tips to help young entrepreneurs build credibility so that his business success as quoted from the site Entrepreneur.com.
Focus. Focus. focus
You have a myriad of ideas and very eager to make it happen. It is natural and almost all entrepreneurs will experience it, especially in the early stages of starting a business. But to establish credibility, entrepreneurs should really focus. “You may not be skilled in 20 different things at once,” said Jared O’Toole, 25, founder Under30CEO-organization for young entrepreneurs based in New York. “There is always someone better than you in control of one of 20 that.” Therefore O’Toole added, rather than create a strategy on how to build a multibillion-dollar company, it is better to focus on your endeavors. “Focus like that would give birth to credibility,” said O’Toole
Creating Online Business
Cyberspace is a real place to start to build credibility as a business owner. Such beliefs Neil Patel, 26, founder of KISSmetrics-web analytics company located in San Francisco. “A web presence, in addition to cheaper, also a great way to show the audience what you create,” he said. “As a young entrepreneur, it is very important.”
Koger added that he thinks not only blogging and social media was instrumental in acquiring the public’s attention, but to relate to each other online businesses is also a key. “I often approach with other online businesses in the early pioneering business,” he said, “And, you never know who (relations) that can help you.”
Take Time for Ground Coffee
Active in a number of social media is important. But, the ground coffee to expand networking is also equally important for the entrepreneur. “You may have to establish a strong relationship (to the consumer) through the mail or social media but it alone will not make you progress to a higher level,” said O’Toole. Meet directly with clients can also affect the credibility.
O’Toole suggests, a relationship with someone who knows the industry could increase your credibility. When the audience knows that a person who has influence in the industrialized world to know you, they will surely think that you have done something important in your business.
Building a strong relationship with the client at the beginning of the business is also important in creating credibility. For Aaron Battalion, the chief technology officer and founder of daily deal company LivingSocial-which is located in Washington, DC, building cooperation, and develop close relationships with distributors and customers is very important to establish the company name. The 27-year-old battalion at starting LivingSocial with his friends in 2007, has now been successfully employing 2,500 employees with 40 million members around the world client.
You may be trying hard to make yourself look older than his actual age to gain credibility in the eyes of many, but it does not need to be done. According to Patel, the young entrepreneur to be confident and be transparent. “If you look mature and intelligent in your age, why not show it?” He said.
Sorry for the lack of experience and being young is an attitude that is not wise, that in the opinion of Richmond. “If you work with someone who is concerned about your age, it is not a possibility that you should develop cooperation,” he explained.
Meanwhile, according to Battalion, focus on what is your skill and disregard the age is important. “You build the credibility of the field you are good at, it’s more important. Make sure that expertise is something that becomes your passion, “concludes Battalion.