In this episode Charlie, Ivan and Fredrik are talking about young entrepreneurs.
They focus on the question ‘What would you like to be now?’ and how you can get started with or without money.
This is a great opportunity to hear what it’s like to be the parent of young entrepreneurs and what Ivan and Charlie as young entrepreneurs have experienced and learnt as they discuss the importance of purpose, paying it forward and getting started early.
KEY TAKEAWAYS
- The entrepreneurial parent
Some people may not even know about entrepreneurship, having an entrepreneurial parent who can get you started and offer advice is a huge advantage.
An entrepreneur doesn’t have to come up with the idea they don’t need to be an innovator.
An entrepreneur takes an idea and makes it doable; they are able to monetize it.
When you are a parent to a young entrepreneur you are having the same business conversations as you would have with someone who is 30-40 years old.
The world is moving quickly, and people are realising that starting earlier is better. Across all areas of business, there are successful young people.
Many adults ask, ‘what do you want to be when you grow up?’
But the real question is ‘what would you like to be now?’ Focusing on the now is important
We all have a limited amount of time so we must make the most of it.
If you begin young then you have more time to develop and compound your business.
You can start with nothing, but it is always better to start with a resource. Resources can be in the form of knowledge and experience.
- Paying it forward and giving back
By giving today you help benefit those in the future. It goes around in a circle, if you get caught up in the money you lose your sense of purpose.
When you help other people, you have no idea how much it might mean to them in the future, it could be life-changing
Lots of young entrepreneurs give away a lot because they don’t have any need for the money currently.
BEST MOMENTS
‘If you are a young entrepreneur you must remember that if you don’t ask you won’t get’
‘I have no requirement currently for a job, I do it because it’s about understanding the value of money and teaches the perspective of work’
‘Money can help because it gives you options, but it can also destroy, it amplifies behaviours’
VALUABLE RESOURCES
Invest In You Podcast
Trust is the New Currency book by Sheila Holt & Fredrik Sandvall
ABOUT THE HOST
Serial entrepreneur Fredrik Sandvall loves sharing ideas and interviewing world-class entrepreneurs and influencers. Invest in You is about investments, entrepreneurs, personal development and doing fun things. He hopes to ensure you take action, helping others and yourself, plus enjoy the journey we call life.
CONTACT METHOD
Contact Fredrik Sandvall – Invest in You
https://www.linkedin.com/in/sandvall/?originalSubdomain=uk
https://sandvallinvest.com/
https://www.facebook.com/FredrikinLondon
https://itunes.apple.com/gb/podcast/investing-skills/id1445899547?mt=2
Contact Charlie Sandvall
Charlie Sandvall LinkedIn
Contact Ivan Sandvall
Ivan Sandvall Instagram