Entrepreneur Ideas Clubsmall business idea for not yet famous entrepreneurs

All I have is the motivation, drive & hope to do it. It has been two years & I’ve done research off and on, and have been discouraged.
One idea I was thinking of getting sponsors so the kids could receive bucks (coupons) for discounts at local businesses like a skating rink, bowling alley, etc. as incentive.
Any ideas, games, advice, whatever you can come up with would be great. Thanx

Today young entrepreneurs have come a long way from delivering newspapers, walking dogs, babysitting or running lemonade stands. In fact children as small as 12 have started to run full fledged manufacturing businesses and services. Research shows that an increasing number of youngsters these days want to start and run their own business.
So why does a person want to become a young entrepreneur? Well, this article talks about these very idea so read on to know more.
Most often than not it is the thrill of the accomplishment that drives a person to start their own business. This gets precedence over fame and money.
It is exhilarating for a young entrepreneur to see his or her plan grow into something big and successful.
Added to this is the advantage of the freedom that is experienced. There is a sense of fulfillment that a young entrepreneur enjoys more than profits and money. This sort of a fulfillment is often referred to as psychic income.
Security is another thing that motivates youngsters to start their own business. A survey shows that youngsters love the feeling of being financially secure and independent. It is a big thing not to depend on parents for allowance.
In fact one study shows that young people would prefer to start their own business than spend time and energy working in mindless summer jobs. In fact starting young means a person can acquire business and financial skills and is more than ready when he or she enters the actual world of business.
A young entrepreneur also has the added advantage of knowing the tricks of money management. In fact when a person starts at a younger age, he or she has a greater appreciation for money. Youngsters who start a venture at an early stage in fact have sharper business acumen and they are also more than ready to meet the real world because they have already experienced failure in some way.
Starting a business at a young age has another benefit, like all other walks of life a person is more open to learning and absorbing knowledge at a younger age. The mind is like a fresh sponge that absorbs all the information and puts it into good use.
A young entrepreneur will definitely have a head start over his or her peers. With a vast experience under their belt these people will be better equipped to run a successful business when they are adults.
No matter how young you are, if you think you can start a successful business out of something you should go ahead and take the plunge. At this stage no business is big enough to incur great losses nor do they need a lot of capital to be set up.
The expenditures are also low. So if you think you have a certain skill or a creative aspect that can be utilized you should give serious thought to becoming a young entrepreneur yourself. It will definitely be a great preparation guide to meet the tribulations of the real business world later.  Read Full Story...

What is entrepreneurialism? Have you ever thought how entrepreneurs get where they are? Did starting up a business ever crossed your mind? If you have an eight-to-five job have you thought of working any hours you wish?
Entrepreneurialism is not only working the hours that you want to work, but usually involves working more! It’s also about taking the risk and having the initiative to realize your dreams. It’s not an easy way to make money at the start, so don’t consider it if you are dreaming of getting out of bed at noon and enjoying cocktails on the yacht. That comes later – much later. It does mean that you don’t have to keep the boss happy (unless you are married!).
It could also mean enjoying the things that you love and having the time to enjoy them, but also means passing it all up until you are able to do that. But to top it all, it means earning a higher income in the longer term with a business of your own. It usually takes anywhere between three and five years for a business to start making serious money. If you are luck to breakeven in the first couple of years you are doing well.
Having your own business will definitely give you a lot more freedom to do as you wish in due course… but there is a price to pay. If you do decide to take the plunge into entrepreneurialism and find a gap in the market, you will realise a new world of possibilities.
The things you will be able to do if / when you are successful are usually only dreams of a regular employee, but have you ever thought about making it a reality? Most people will tell you that a business of your own is the key, but how do you go about it?
There is no more job security and it would then be up to you to maintain your family in a good standard of living. However, if you have the spirit of entrepreneurialism in you, then you will be able to provide your family with a much higher standard of living than they have enjoyed to date; and the security of knowing that your fate is in your own hands.
Think about what you are doing now: you are working hard for the company, not really for your family. With the work that you do, who is earning the most? The answer to that question is obvious. Not you! How about setting up a business of your own? This is the day that you can open up your eyes to a different perspective of work, and make the decision to work for yourself.
The first step to becoming an entrepreneur is to make a choice. You decide whether you want to work for yourself or somebody else. You should decide whether you want a better quality of life, not only for you but for your family. In fact, entrepreneurs usually involve their families in the business and it is a great gift to pass on to your children someday.
The second step is learning what kind of business you’re going into. What field will you enter? What kind of business fits you? What type of entrepreneur are you? Note down all your strengths, weaknesses, interests, desires, and the hobbies that you like. What is your passion? What interests you the most?
Make sure that it is something that you love. It should be something that you enjoy doing. It should not feel like work! Most successful businesses will relate tales of founders who lived and breathed the business that they started. Most successful entrepreneurs would say that they enjoy their business life as much as they enjoy real life.
In becoming an entrepreneur, the third step involves researching your chosen business, and finding gaps in the market that have not yet been filled or can be handled much more competently. This is the most important part of the entire process: you cannot be an entrepreneur by being a ‘me too’. You have to lead the field, and do something new or a lot better.
Without enough research, your new business will only lead to an expensive hobby. Chances are, instead of the business supplying you with a steady income, you will be providing unnecessary expenses for a business that might fail in a very short period of time. Research involves checking out the market and the competition, and deciding that if competition is high, you look elsewhere. A gap in the market is what you should be looking for. Entrepreneurialism is all about finding that gap and taking advantage of it.
You cannot just decide to be an entrepreneur, nor are you born to be one. You must know how to take advantage of an opportunity, and also how to find that opportunity. However, when you do, you must put yourself into it wholeheartedly and stay with it until you own a chunk of that market segment. That is entrepreneurialism.  Read Full Story...

To be an entrepreneur you need:
Smarts
Stubbornness (never give up)
Curiosity
Energy
Dreams
Nerves
Confidence
Creativity
Plans
Ideas

I’m 22 and would like to start my own retail clothing business without breaking the bank and quitting my day job. Is it doable? Any advice?