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Advice for a Young Entrepreneur – Ask Evan


hi I’m Evan Carmichael welcome to

hi I’m Evan Carmichael welcome to another edition of ask Evan in today’s

another edition of ask Evan in today’s

another edition of ask Evan in today’s video I’m going to answer question from

video I’m going to answer question from

video I’m going to answer question from one of my readers on youtube so x1 our

one of my readers on youtube so x1 our

one of my readers on youtube so x1 our YouTube video watchers who is a 16 year

YouTube video watchers who is a 16 year

YouTube video watchers who is a 16 year old boy from Ireland who was seeking to

old boy from Ireland who was seeking to

old boy from Ireland who was seeking to starting his own business and wanted my

starting his own business and wanted my

starting his own business and wanted my help and coming up with some ideas for

help and coming up with some ideas for

help and coming up with some ideas for how we could launch his company he’s

how we could launch his company he’s

how we could launch his company he’s thinking that something potentially in

thinking that something potentially in

thinking that something potentially in the schools or the local stores and he

the schools or the local stores and he

the schools or the local stores and he also lives next to a successful Lori

also lives next to a successful Lori

also lives next to a successful Lori delivery service and he’s wondering if

delivery service and he’s wondering if

delivery service and he’s wondering if he can proposing the ideas to help him

he can proposing the ideas to help him

he can proposing the ideas to help him grow his business as well so great

grow his business as well so great

grow his business as well so great questions whenever I’m talking to new

questions whenever I’m talking to new

questions whenever I’m talking to new entrepreneurs and helping them figure

entrepreneurs and helping them figure

entrepreneurs and helping them figure out what businesses start I always

out what businesses start I always

out what businesses start I always encourage you to think about something

encourage you to think about something

encourage you to think about something they’re really passionate about excited

they’re really passionate about excited

they’re really passionate about excited about something that gets you motivated

about something that gets you motivated

about something that gets you motivated and excited and it’s something where you

and excited and it’s something where you

and excited and it’s something where you think you can add a lot of value and

think you can add a lot of value and

think you can add a lot of value and have an impact when you’re working with

have an impact when you’re working with

have an impact when you’re working with your customers so running the business

your customers so running the business

your customers so running the business isn’t just about making money although

isn’t just about making money although

isn’t just about making money although we want to make money but it’s about

we want to make money but it’s about

we want to make money but it’s about adding value and really trying to be

adding value and really trying to be

adding value and really trying to be significant to your customers and if

significant to your customers and if

significant to your customers and if you’re adding a ton of value and you’re

you’re adding a ton of value and you’re

you’re adding a ton of value and you’re being significant and you’re having an

being significant and you’re having an

being significant and you’re having an impact on their lives then the money is

impact on their lives then the money is

impact on their lives then the money is going to follow they’re going to keep

going to follow they’re going to keep

going to follow they’re going to keep you around so that’s the first thing so

you around so that’s the first thing so

you around so that’s the first thing so figure out what it is that you’re really

figure out what it is that you’re really

figure out what it is that you’re really good at where you think you can add

good at where you think you can add

good at where you think you can add value and help your customers the next

value and help your customers the next

value and help your customers the next thing you’ve talked about selling into

thing you’ve talked about selling into

thing you’ve talked about selling into your schools or selling to businesses

your schools or selling to businesses

your schools or selling to businesses and it’s pointing to figure out if you

and it’s pointing to figure out if you

and it’s pointing to figure out if you want to be a business and consumer type

want to be a business and consumer type

want to be a business and consumer type of model where you’re selling to your

of model where you’re selling to your

of model where you’re selling to your students and classmates or if you want

students and classmates or if you want

students and classmates or if you want to be a business business have model and

to be a business business have model and

to be a business business have model and sell to local entrepreneurs who might be

sell to local entrepreneurs who might be

sell to local entrepreneurs who might be able to value for your services when

able to value for your services when

able to value for your services when you’re starting up I think it’s a lot

you’re starting up I think it’s a lot

you’re starting up I think it’s a lot easier to start a business the business

easier to start a business the business

easier to start a business the business type of service and business-to-consumer

type of service and business-to-consumer

type of service and business-to-consumer for a couple reasons one if you are

for a couple reasons one if you are

for a couple reasons one if you are having a meaningful impact on somebody’s

having a meaningful impact on somebody’s

having a meaningful impact on somebody’s business they’re going to want to keep

business they’re going to want to keep

business they’re going to want to keep you around and they’re making money from

you around and they’re making money from

you around and they’re making money from it so they’re going to want to keep

it so they’re going to want to keep

it so they’re going to want to keep making sure you deliver in that product

making sure you deliver in that product

making sure you deliver in that product or service because they’re benefiting

or service because they’re benefiting

or service because they’re benefiting from it where consumers often the price

from it where consumers often the price

from it where consumers often the price tag is a lot lower so a business who is

tag is a lot lower so a business who is

tag is a lot lower so a business who is making money from you is going to be

making money from you is going to be

making money from you is going to be able to you know afford your services

able to you know afford your services

able to you know afford your services where consumers if you sell your

where consumers if you sell your

where consumers if you sell your students they may not have a lot of

students they may not have a lot of

students they may not have a lot of money could be hard to build up business

money could be hard to build up business

money could be hard to build up business and

and

and you have a ton of students who are

you have a ton of students who are

you have a ton of students who are buying from you and consumers sounds can

buying from you and consumers sounds can

buying from you and consumers sounds can be fickle so they might like you today

be fickle so they might like you today

be fickle so they might like you today and not like you tomorrow and then

and not like you tomorrow and then

and not like you tomorrow and then you’ve got to start all over again from

you’ve got to start all over again from

you’ve got to start all over again from scratch so it’s not that you can’t set a

scratch so it’s not that you can’t set a

scratch so it’s not that you can’t set a consumer-facing business it’s just a lot

consumer-facing business it’s just a lot

consumer-facing business it’s just a lot more difficult so again tap into what

more difficult so again tap into what

more difficult so again tap into what you think you can add a lot of value to

you think you can add a lot of value to

you think you can add a lot of value to and try to build your business around

and try to build your business around

and try to build your business around that the third part you’re asking about

that the third part you’re asking about

that the third part you’re asking about the successful lower delivery service

the successful lower delivery service

the successful lower delivery service guide who’s next to you and what you

guide who’s next to you and what you

guide who’s next to you and what you might be able to offer him and there’s a

might be able to offer him and there’s a

might be able to offer him and there’s a great opportunity for a lot of young

great opportunity for a lot of young

great opportunity for a lot of young entrepreneurs who might be more tech

entrepreneurs who might be more tech

entrepreneurs who might be more tech savvy and online savvy to partner up

savvy and online savvy to partner up

savvy and online savvy to partner up with establish entrepreneurs who might

with establish entrepreneurs who might

with establish entrepreneurs who might need help on those online marketing

need help on those online marketing

need help on those online marketing tactics so I know you’re one of my

tactics so I know you’re one of my

tactics so I know you’re one of my youtube video Watchers so maybe there’s

youtube video Watchers so maybe there’s

youtube video Watchers so maybe there’s a way you can use YouTube to help him go

a way you can use YouTube to help him go

a way you can use YouTube to help him go his business maybe you can film intros

his business maybe you can film intros

his business maybe you can film intros of him or film and what he does in his

of him or film and what he does in his

of him or film and what he does in his business or marketing campaign and put

business or marketing campaign and put

business or marketing campaign and put that on youtube so he can help promote

that on youtube so he can help promote

that on youtube so he can help promote his business there be kept with this

his business there be kept with this

his business there be kept with this website there’s some other online

website there’s some other online

website there’s some other online marketing with Twitter or Facebook a lot

marketing with Twitter or Facebook a lot

marketing with Twitter or Facebook a lot of the established entrepreneurs they

of the established entrepreneurs they

of the established entrepreneurs they know about YouTube they know about

know about YouTube they know about

know about YouTube they know about Twitter and Facebook but they don’t

Twitter and Facebook but they don’t

Twitter and Facebook but they don’t really know what to do about it so as

really know what to do about it so as

really know what to do about it so as young entrepreneur it could be an

young entrepreneur it could be an

young entrepreneur it could be an opportunity to come in and show them how

opportunity to come in and show them how

opportunity to come in and show them how it works also you get some valuable you

it works also you get some valuable you

it works also you get some valuable you know education as you work through that

know education as you work through that

know education as you work through that process hopefully it can work out for

process hopefully it can work out for

process hopefully it can work out for that one client and you can go find

that one client and you can go find

that one client and you can go find other clients start working worth a few

other clients start working worth a few

other clients start working worth a few / successfully proved it with the first

/ successfully proved it with the first

/ successfully proved it with the first one so hopefully that helps if you have

one so hopefully that helps if you have

one so hopefully that helps if you have other questions please leave a comment

other questions please leave a comment

other questions please leave a comment below I’d also love to hear everybody

below I’d also love to hear everybody

below I’d also love to hear everybody else’s thoughts and feedback if you want

else’s thoughts and feedback if you want

else’s thoughts and feedback if you want to leave a comment and please give the

to leave a comment and please give the

to leave a comment and please give the video a thumbs up if you liked it and

video a thumbs up if you liked it and

video a thumbs up if you liked it and will stay tuned to the next episode

”

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