The Small Business Mindset

153 - What Young Entrepreneurs Get Right - and Wrong


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In this episode, Kirsten Flory sits down with Ryan Rains, Director of Entrepreneurship Programs at the University of Kansas School of Business and a member of the Foundations Commercial Real Estate team, for a thought-provoking discussion about entrepreneurship, side hustles, career development and what success actually looks like.

Together, they explore why entrepreneurship has become such a powerful cultural movement, particularly among younger generations seeking greater control over their careers, income, and futures. They discuss the rise of side hustles, the influence of social media, the realities behind "overnight success," and the importance of building meaningful relationships and networks over time.

Ryan shares insights from working directly with aspiring entrepreneurs and explains why passion alone isn't enough to build a successful business. The conversation dives into the importance of solving real market problems, staying adaptable, and being willing to pivot when necessary.

Kirsten and Ryan also discuss:

  • Why the marketplace - not passion alone - determines business viability
  • The role of networking, mentorship, and relationship building
  • Common misconceptions about entrepreneurship and wealth
  • How social media can distort perceptions of success
  • Why defining your personal "why" matters more than chasing money
  • The value of diverse career experiences and transferable skills
  • How volunteer work and community involvement can accelerate professional growth
  • The opportunities AI may create for the next generation of business leaders
  • Why curiosity may be one of the most valuable entrepreneurial traits of all

Whether you're launching a side hustle, growing a business, or simply exploring what's next in your career, this conversation offers practical insights and plenty of food for thought.

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The Small Business MindsetBy Kirsten Flory

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