• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipEntrepreneurship

3 insights about entrepreneurship inspired by youth

By
Entrepreneur
Entrepreneur
Down Arrow Button Icon
By
Entrepreneur
Entrepreneur
Down Arrow Button Icon
May 1, 2015, 4:22 PM ET
162984079
Business man looking towards the city.Photograph by Tim Robberts — Getty Images

This post is in partnership with Entrepreneur. The article below was originally published at entrepreneur.com.

By Shawn Osborne, Entrepreneur

Great business ideas and insights can come from unusual places. Whether insights originate with personal inspiration and reflection, or with tips from established leaders, most entrepreneurs know not to overlook these potentially valuable nuggets of inspiration and wisdom, whatever their source.

In late March, the organization that I run, the Network for Teaching Entrepreneurship, hosted more than 30 of the world’s brightest young entrepreneurs at our Global Showcase in New York City. Business owners as young as 16 and from as far away as China, Singapore, Australia, Israel and Colombia met and mingled with business and education leaders for several hours and received well-deserved recognition for their efforts.

It was a great night. What made it particularly great was that by meeting each of them and talking about their businesses, lives, ideas and inspirations, I came away with three lessons, which I describe below, that may be helpful for every entrepreneur regardless of his or her age or experience. In fact, the first lesson is about age and experience.

1. Youth and inexperience aren’t obstacles.

Not only is inexperience not an obstacle, it can be a real advantage. Not knowing what you’re doing means you’re unlikely to see and do things the way others have. As a result, those who don’t know, innovate.

This point was underscored by a special guest at the Global Showcase, Sara Blakely. Blakely is the now-billionaire founder and owner of Spanx.She told the attendees and young entrepreneurs that, in building her business, she’s tried to think about how she’d do each task if she knew nothing about it whatsoever.

That approach, and the innovation it creates, are reasons to start businesses and build on good ideas — not reasons to wait.

2. Go. Join the community.

Energy and inspiration are contagious. You don’t need to go to NFTE events to feel entrepreneurial energy. Entrepreneurship events like business-plan pitch competitions and meet-ups have become so common that there’s a great chance there’s one going on near you.

Watching other people put their ideas into action is highly motivational and likely to spur and energize even the most jaded or intimidated entrepreneur. Meeting and talking with other entrepreneurs, you’re very likely to see that whatever was holding you back, shouldn’t.

There’s also real value in meeting other people who are interested in entrepreneurs and innovation. Everyone you meet may be a potential mentor, advisor or investor. Chances are, they won’t seek youout — you’ll have to go meet them wherever they are. But if you come away with new energy and business cards, the effort is more than worth the time.

3. Mentorship matters.

Since few people start a business truly and entirely on their own, my experience meeting so many young, first-time entrepreneurs reinforced for me the value of mentors and role models.

In fact, in 2013 the Kauffman Foundation issued a report that identified knowing an entrepreneur as one of the biggest factors in someone’s becoming one. It was really easy to see that cause and effect on the young entrepreneurs we hosted at our event. Each one talked about the advice and encouragement he or she received from a teacher or local business leader.

The mentor relationship runs both ways, of course. This means that successful and seasoned entrepreneurs need to offer their counsel and insight to less experienced trailblazers. Younger entrepreneurs really benefit from the help, and it’s a direct, efficient and rewarding way to give back.

Certainly there were other take-aways from our evening with today’s youngest global entrepreneurs, but the theme of the lessons described is clear: Entrepreneurship isn’t a mystery; anyone can do it. Whether you’re 17 or 71, in St. Louis or St. Petersburg, act on your idea and ambition, because anything is possible. That may be the best business insight of all.

More from Entrepreneur:

How to Become a Millionaire by Age 30

7 Tips to Guide Young Entrepreneurs

7 Insanely Productive Habits of Successful Young Entrepreneurs

About the Author
By Entrepreneur
See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Qualcomm’s CEO is working with ‘pretty much all’ major AI players on top-secret devices—and powering OpenAI’s first push into hardware
AIQualcomm
Qualcomm’s CEO is working with ‘pretty much all’ major AI players on top-secret devices—and powering OpenAI’s first push into hardware
By Eva RoytburgMay 9, 2026
2 hours ago
tyler
EconomyRecession
This economist studied 400 years of recessions. His bleak conclusion: stop trying to predict them
By Nick LichtenbergMay 9, 2026
2 hours ago
‘If he tells you he can beat me, I’ll sue!’: Inside the $9 billion friendship between the CEOs of Amex and Delta
C-SuiteFinance
‘If he tells you he can beat me, I’ll sue!’: Inside the $9 billion friendship between the CEOs of Amex and Delta
By Shawn TullyMay 9, 2026
3 hours ago
reed
CommentaryRetirement
Tim Cook and Reed Hastings just showed every CEO how to leave gracefully
By Paul HardartMay 9, 2026
3 hours ago
Companies are abandoning ‘peanut butter’ raises as pay-for-performance takes over the workplace in the AI era
Future of WorkTech
Companies are abandoning ‘peanut butter’ raises as pay-for-performance takes over the workplace in the AI era
By Marco Quiroz-GutierrezMay 9, 2026
4 hours ago
Goldman Sachs’ tech boss says tracking individual AI usage isn’t useful. He just watches how fast his 12,000 engineers move from idea to production
AIBanks
Goldman Sachs’ tech boss says tracking individual AI usage isn’t useful. He just watches how fast his 12,000 engineers move from idea to production
By Marco Quiroz-GutierrezMay 8, 2026
18 hours ago

Most Popular

California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contracts
North America
California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contracts
By Sasha RogelbergMay 7, 2026
2 days ago
'Blue dot fever' plagues musicians like Post Malone, Meghan Trainor, and Zayn as a growing list of artists cancel tours due to lagging ticket sales
Arts & Entertainment
'Blue dot fever' plagues musicians like Post Malone, Meghan Trainor, and Zayn as a growing list of artists cancel tours due to lagging ticket sales
By Dave Lozo and Morning BrewMay 7, 2026
2 days ago
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
3 days ago
Current price of oil as of May 8, 2026
Personal Finance
Current price of oil as of May 8, 2026
By Joseph HostetlerMay 8, 2026
23 hours ago
U.S. Treasury will have to borrow $2 trillion this year just to continue functioning—more than $166 billion every month
Economy
U.S. Treasury will have to borrow $2 trillion this year just to continue functioning—more than $166 billion every month
By Eleanor PringleMay 7, 2026
2 days ago
Airbnb CEO Brian Chesky warns two types of people won’t survive the AI era: ‘pure people managers’ and workers who resist change
Success
Airbnb CEO Brian Chesky warns two types of people won’t survive the AI era: ‘pure people managers’ and workers who resist change
By Emma BurleighMay 7, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.