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Why Your 20’s is the Best Time to Start a Business

by Ashley on March 10, 2014 · 6 comments

Hi, friends! I’m still traveling back from the Grand Canyon today, so I’ve got a super awesome guest post to share with you. If you’re a 20-something who’s interested in starting your own business, Kayla Matthews from Productivity Theory has some amazing tips to share with you, so keep reading!

the best time to start a business

Ahh, your 20’s. That wonderful decade where you can feel on top of the world one moment and down in the dumps defeated the next. Regardless of how you might personally feel about this pivotal decade, it just might be the very best time to stretch your entrepreneurial wings and fly – AKA…start your own business. Here’s why:

1. You Have Tons of Energy

Some would call killing it at spin class, juggling conference calls, finishing reports and giving a kick butt presentation totally exhausting – you just call it a day’s work. You’re young, peppy, bright-eyed and bushy-tailed. Make the most of that energy and enthusiasm while you’ve got it, and start your business NOW.

2. You’re More Inclined to Follow Your Dreams

When you’re in your 20s, you look at the future with starry-eyed optimism. You’re too young to be jaded and discouraged. To you, the world is an oyster, and you’re ready to conquer it. You’ve got a burning passion to go after your dreams, so if starting a business is one of them, it makes sense to do it now. Don’t let that passion fade and fizzle out because then it will be too late.

3. You’re Tech Savvy

You’re part of the generation that grew up alongside Google and Smartphones. You know how to use technology that some people from older generations may have never even heard of. Also, if you’re like most twenty-somethings, you’re social: You know how to network on sites like Facebook, Twitter, LinkedIn, etc.

4. College Is Fresh in Your Mind

At this point in your life, all those business courses you took are still in your relatively recent past. In addition to scoring financial aid and scholarships in college, you probably left with a brain full of knowledge. You can still remember what you learned, and you know how to apply it. You also most likely still have access to alumni career help resources.

5. You Shouldn’t Have to Waste Your Time Doing a Job You Can’t Stand

Hopefully, by now you’ve realized life is too short to spend it doing something you don’t love. It’s a sad but true fact that we spend an overwhelming majority of our lives at our jobs. So, you want to make sure what you’re doing makes you happy. Think about what you love to do most, and consider starting a business where you’ll get to do that.

6. You’re Okay With Making a Fool of Yourself

What are your 20s for if not making a total idiot of yourself? You’re young and still figuring out the world, so making mistakes is bound to happen from time to time.

7. You Can Learn and Bounce Back From Failure

By the time you’ve made it into your twenties, after surviving the hard knocks of high school and college, hopefully you’ve developed two key attributes that will help you succeed in the business world: spunk and resilience. With spunk, you won’t be afraid to take risks, and with resilience, you’ll be able to bounce back and pick yourself back up when you fall. Notice it says “when” you fall – not if. That’s because if you take a risk and start your own business, you will fall down at some point. It’s a good thing, though, because it means you’re getting out there and really living. The sooner you accept and embrace that, the better.

8. You Have Time for Your Business to Grow

Starting a business when you’re young means you will have ample time to watch it grow and prosper. After all, why would you want to wait until your 40s when you’re getting older and close to retirement? That wouldn’t make very much sense.

9. You Know How to Keep an Open Mind

If you’re like most 20-somethings today, you’ve got an open mind. Unlike previous generations who grew up under the dark cloud of segregation and unequal opportunity, you’ve learned how to embrace people of all backgrounds, ethnicities, faiths and ideologies, etc. You might have learned this by living with a foreign roommate in college. You might have learned it by working in a group with someone totally different from you. Either way, being open-minded will take you a long way when it comes to starting your own business.

10. You’ve Got Less Pressure

Starting a business in your 20s technically makes you a rookie – the underdog. Everyone knows that the greatest thing about being the underdog is there are no expectations. There is no bar that you have to rise to. You get to set the bar yourself and see just how far you can go.

11. You’ve Got People and Connections Who Will Back You

As a 20-something, you’re old enough to have some people who will support you in your business endeavor. Maybe they’re your parents. Maybe they’re your college professors. Maybe it’s your lab partner from organic chemistry, or the people in your workout classes. Surely, by now you’ve got people who’ve got your back, and it’s these people that you’ll be able to count on to help you get your business up and running.

12. You Aren’t Yet Burdened With Responsibilities or Obligations

Mortgages, bills, and babies… oh my. In your 20s, you’re too young to be dealing with most of the obligations you’ll have later in life. This means your schedule is a little more open to playing and exploring professionally.

13. You Know How Awesome You Really Are

Because really, you are pretty awesome. So why not share your awesomeness with the rest of the world via your creative new startup?

For all these reasons – and more – your 20s are the perfect time to start your own business.

Have comments or other reasons why your 20s are so great? Tell me in the comments section!

MeKayla Matthews is a 20-something productivity blogger and startup enthusiast. You can read more from her at ProductivityTheory.com or by following her on Twitter and Google+!

[photo credit: yourdon]

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{ 4 comments… read them below or add one }

Cassie March 13, 2014 at 10:30 pm

Love this post! Such great advice, and so true. I especially love the point about being open-minded. I think that’s one of our generation’s best collective traits.

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Xandra March 14, 2014 at 8:12 pm

#5 is why I’m working on starting my business Right Now! Enjoyed this list – all pumped to get to work now :)

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Kayla Matthews March 17, 2014 at 11:16 am

Thanks for such positive feedback Cassie and Xandra! =)

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Ben July 4, 2014 at 6:08 am

It’s unfortunate how many young, ambitious individuals who aspire to own their own business let their age stop them. If someone tells you that you’re too young to start a business, your first mistake would be believing them.

There are countless success stories of young entrepreneurs from all over the world, many who have become millionaires, even billionaires before their 30th birthday.

Don’t make the mistake of waiting too long to start your own business. If you’re fresh out of college – or maybe you’re still in college – now is as good a time as any to start your first business.

Great Article!!

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