Rick Case Insurance Agency
  • Home
  • Quotes
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Property Quotes >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quotes
      • Disability Insurance Quote
      • Final Expense Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
    • Health Quotes >
      • Health Insurance Quote
      • Critical Illness Insurance Quote
      • Dental Insurance Quote
      • Long Term Care Insurance Quote
      • Medicare Supplement Coverage Quote
      • Vision Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Health >
      • Health Insurance
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Medicare Supplement Coverage
      • Vision Insurance
    • Other >
      • Event Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • Blog
    • News
  • Contact
  • Home
  • Quotes
    • Auto Quotes >
      • Auto Insurance Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Roadside Assistance Quote
      • Motorcycle Quote
      • RV Insurance Quote
    • Property Quotes >
      • Home Insurance Quote
      • Earthquake Insurance Quote
      • Flood Insurance Quote
      • Landlords Insurance Quote
      • Renters Insurance Quote
    • Life & Financial Quotes >
      • Life Insurance Quote
      • Annuity Quotes
      • Disability Insurance Quote
      • Final Expense Insurance Quote
    • Business Quotes >
      • Business Insurance Quote
      • Business Owners Package (BOP) Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bond Quote
      • Workers Compensation Quote
    • Health Quotes >
      • Health Insurance Quote
      • Critical Illness Insurance Quote
      • Dental Insurance Quote
      • Long Term Care Insurance Quote
      • Medicare Supplement Coverage Quote
      • Vision Insurance Quote
    • Other Quotes >
      • Boat Insurance Quote
      • Event Insurance Quote
      • Umbrella Insurance Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Boat Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Property >
      • Home Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Life/Financial >
      • Life Insurance
      • Annuities
      • Disability Insurance
      • Final Expense Insurance
      • Financial Planning
      • Umbrella Insurance
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Health >
      • Health Insurance
      • Critical Illness Insurance
      • Dental Insurance
      • Long Term Care Insurance
      • Medicare Supplement Coverage
      • Vision Insurance
    • Other >
      • Event Insurance
  • About
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Newsletter Signup
    • Blog
    • News
  • Contact

Rick Case Insurance Agency Blog

The Challenges of Young Entrepreneurs in 2020

7/23/2020

0 Comments

 
Picture
As a young businessman, starting a business is not a walk in the park. It has unique challenges, no matter how early you start. You have read about the success stories of other young CEOs and strive to be one of them. 
​
Here are the three biggest challenges that a young entrepreneur could face:
  1. Dealing With The Stereotypes Of Your Generation Or Age
    Generations could divide businesses and consumers. This clearly shows that generational division still exists. Let us face the fact that some people of the older age tend to look at Millennials as happy-go-lucky, entitled, or even lazy. 

    As much as these can be offensive, it is good to bear these words in mind. Do not let these assumptions control the way you run your business. Act accordingly with the best you have. Do your research and enhance your knowledge, so you are always equipped to do your job. 

  2. More Problems With Less Money
    One struggle a young businessman faces is the competition of more prominent, more established companies. Usually, until a business has reached maturity, it is unlikely for it to afford to invest in equipment to help increase its production.

    Some young entrepreneurs expect a return of their investment in a shorter time. The solution is always to set realistic goals for your business. This is regardless of how intimidating the figures are being dropped by famous personalities claiming the effectiveness of earning vast amounts via social networking platforms.

    Patience is also an essential one must possess when doing a startup. It is imperative to be resilient and receptive to challenges and learnings that go hand in hand in both failures and small successes. Your business goals do not get attained overnight, so one must be willing to get up, show up, and never give up. Every day.

  3. Identifying Your Market
    Finding a potential customer may be a challenge for young entrepreneurs, especially when you find yourself wondering whether or not you are a good fit for your customer’s wants and needs.

    One scenario would be a student with skills in designing websites that will most likely want to work with businesses that require a catchy website design to pique its customers’ attention. These potential clients are bound to be older business leaders, have more money, more experienced, and a different lifestyle.

    So how do you find that common denominator that will help entice customers? Be human. Get to know who your market is. Identify what the potential issues are they encounter and how your business can contribute to finding a fix for these problems.
It is never what you see on the ‘gram. Starting up is not glamorous; it takes hard work, determination, will, and an open mind to opinions from people who can see things from the outside. 

Young entrepreneurs may quickly overcome these struggles through the following:
  • Study about entrepreneurship
  • Set a realistic glide path
  • Identifying who to market your product to

As early as the business first starting, bear in mind that as much as you cultivate it, you have to protect it. Do your research for a reputable business insurance provider and make sure that your business is safeguarded. 

At Rick Case Insurance Agency, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (405) 722-5556 or Click Here to request a free quote.
0 Comments



Leave a Reply.

    Contact Us

    (405) 722-5556​
    7306 NW Expressway
    Oklahoma City, OK 73132​
    Click Here to Email Us

    Archives

    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018

    Categories

    All
    Annuities
    Auto Insurance
    Boat Insurance
    Business
    Business Insurance
    FAQs
    Financial
    Health Insurance
    Home Insurance
    Insurance
    Life Insurance
    Local
    Rick Case Insurance Agency Blog
    Safety
    Workers Compensation

    RSS Feed

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

Rick Case Insurance Agency​
7306 NW Expressway
Oklahoma City, OK 73132
(405) 722-5556
Click Here to Email Us
Review Us

Location

  LOC BANNER 2   Website by InsuranceSplash