THE BIG IDEA SERIES #1

All of the entrepreneurs we learned about today had many things in common. They all had a drive to make money and be a successful independent entrepreneur. All of them also stuck to things they loved to do, which helps a lot when it comes to running a business. Most of them started off by picking something they were missing in life or a problem. I think there are many disadvantages of becoming a young entrepreneur. The people we learned about in the video started in a different day and age, then we have now. It would be a lot harder to start a business at a young age now then it used to be. I think just by the simple fact of being younger, people look down on you and look at you as more naive. For Ryan Blair and Cameron Johnson this was a much different case, they were wiser than many older people and knew what they wanted in life. Another disadvantage is getting the money to support your idea or to get your business started. I found Series #4 more interesting because he started at such a young age and knew what he wanted. I could never imagine a kid at 5 years old starting there own business and making money. By 12 years old he was making over $50,000, that is amazing! As a young kid he had an amazing drive and knew what he wanted, that is what made him stick out to me the most. I think that P. Diddy's business will last the longest out of all of them. I say this for many reasons. P Diddy has the biggest empire out of all of them. He is also very famous and known by many people worldwide. Also in this day and age music is so big that the kind of business he has chosen isn't going anywhere! There's plenty of people he can find to continue his legacy. I would've gone with the pretzel company, but because in that kind of business you can have so many knock-offs. Knock-offs are cheaper versions of there product, which in the long run will cut down the money there making because people are more inclined to buy the cheaper product in this economy.