How to Start a Business as a Young Person

Validate your idea before investing

Talk to potential customers and check that the problem you solve matters to them and that they would pay for the solution. A small, cheap test keeps you from overspending.

Start simple and with little money

• Build a minimum version of your product or service.
• Work out your costs and the price you need to sell at.
• Sell first to a small group and improve with what you learn.

Funding and support for young entrepreneurs

Look for startup competitions, seed funding, incubator and accelerator programs, and free training. Many combine funding with mentoring.

Formalization and networks

Find out how to register your business in your country and surround yourself with other entrepreneurs: networks often lead to customers, partners and funding opportunities.