Discover Your Entrepreneurial Self!

What's up Young & Free Maine? 

Do you want to get in touch with your Entrepreneurial Self

With the NEW iEntrepreneur Series, you can learn all about what it takes to become a successful, YOUNG entrepreneur in Maine! 

Ready to get started? 

First, make this decision:  Is Entrepreneurship RIGHT FOR YOU? 

I've compiled a list of characteristics and questions (from the Small Business Administration) to help you determine if opening and owning your own small business is the right fit for you! 

 The Characteristics! 

Are you...

  1. Comfortable with taking risks

  2. Independent

  3. Persuasive

  4. Able to negotiate

  5. Creative

  6. Supported by others

Do you have these characteristics? Read on! 

The Questions! 

  1. Why am I starting a business? 

  2. What kind of business do I want?

  3. Who is my ideal customer?

  4. What products and services will my business provide?

  5. Am I prepared to spend the time and money needed to get my business started?

  6. What differentiates my business idea and the products or services I will provide from others in the market?

  7. Where will my business be started? 

  8. How many employees will I need?

  9. What types of supplies will I need?

  10. How much money will it take to get started?

  11. Will I need to get a loan?

  12. How soon will it take before my products or services are available? 

  13. How long do I have until I start making a profit?

  14. Who is my competition?

  15. How will I price my product?

  16. What will be the legal structure of my business?

  17. What taxes will I need to pay?

  18. What kind of insurance do I need?

  19. How will I manage my business?

  20. How will I advertise?

Now that you have seen the criteria...

If you are still feeling MOTIVATED and PASSIONATE about your business dream, then continue following this series for tips and advice from experts and successful, young entrepreneurs to get inspired, learn about common small business struggles, and find your passion to persevere!

See the first two business success stories, featuring Veda Aesthetics and Adam's Mobile DJ Services and Sound! 

Stay inspired! 

Mallory