What No 40-Year-Old Can Tell You About Modern Entrepreneurship

Today, the word “entrepreneur” holds more meanings than ever before. For some, it implies running a multimillion-dollar company. For others, modern entrepreneurship is about building new relationships and living the life you’ve dreamed of.

Two years ago, I couldn’t have even dreamed of calling myself an entrepreneur, let alone speak of a life full of speaking gigs and exciting freelance projects. All I had was a blind ambition strong enough to make me overcome my fear of sending an internship request to a company I admired.

Related: 10 Ventures Young Entrepreneurs Can Start for Cheap or Free

Fast forward 24 months, I’ve established a website with a healthy readership and landed many first-rate consulting projects. I hate to brag, but I just want to show you how much can happen in a mere two years. For me, the path to success has always been paved with trial and error. In my first 23 years of life, here are the key learnings that will help you become an entrepreneur in the modern world.

1. You don’t need any capital to get started.

More important than any investment are two things no money can buy: ambition and determination.

As you begin your journey as a young entrepreneur, you’re going to have lots of downfalls and setbacks. There will be highs and lows. During the hardest of times, it takes a lot of persistence to push through and believe it will all come together in the end. Most of the time, things will work out just fine.

When I first decided to take the leap and switch from a secure full-time role to a freelance career, I lost my team and didn’t have enough projects to sustain myself in the long-term. The way I survived the first months of no work was by keeping myself busy with learning and building my blog. Eventually, the blog started to get noticed, and new freelance projects followed.

Paul Graham, co-founder of a wildly successful startup accelerator Y Combinator, named determination as the No. 1 skill he values from startup founders. As long as you’re…

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