4 min read
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Some might assume that young entrepreneurs, especially teenage entrepreneurs, wouldn’t necessarily have what it takes to start a business and keep it running, especially past the five-year mark. After all, they don’t generally have the same discipline, connections and finances as their more seasoned peers.
However, this is where perceived weaknesses can actually become strengths. Teenagers typically possess greater resilience, optimism and creativity than adults. Sure, they might not have the same experience with fiscal responsibility, but they’re also less likely to bear the burden of supporting a family. That also means they have more time, money and resources to dedicate towards their endeavors.
These aspiring adolescent founders can always Internet for guidance whenever they get stuck, but the best advice would still come from another, more experienced teenage entrepreneur who has alread walked the walk — especially if their efforts have proven to be successful.
A prime example would be 17-year-old Ryan Ang, the New Jersey-based CEO and founder of basketball-coaching business Ang1 Trainings, who is also a standout on the Hackensack High School basketball team. Ang started his namesake business when he was just 15 and quickly developed a steady flow of clients. However, once the pandemic hit, the future of his business started to look bleak — until he came up with the idea of home-service training and virtual training. His adaptability earned notice from the likes of USA Today, and his clientele multiplied.
The upshot is that Ang has learned a great deal about himself and how to ensure the sustainability of his business in a relatively compressed period of time. That’s why I recently caught up with the ambitious high schooler/entrepreneur over the phone to talk about how other young, budding self-starters can follow his example. Here are some of the highlights from that conversation.
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