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Job opportunities for young entrepreneurs

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the staff of the Ridgewood blog

Ridgewood NJ, If you’re young, and you have an entrepreneurial zeal, your single greatest asset is your age.What they fail to tell you in school is that being “older” doesn’t necessarily make you “better.” What it makes you is different.

When you’re older, you see things through a lens created through years and years of varying experiences. In your industry you’ve learned what works, what doesn’t work, what people want and what they don’t want. You know the rules of the game. You know how people operate. And above all, you know enough to where you don’t feel defeated when someone says that scary word, “No.”

All those things are great  and immensely valuable. But they are not what makes someone “better.

Young people see life through an equally valuable, and different, lens.When you’re young, you tend to be more instinctual than logical.
Older individuals have an immense amount of knowledge at their fingertips, they tend to be quite logical when making decisions.They have experiences they can point to that taught them what worked and what didn’t, and make future decisions largely based upon those prior experience.

Young entrepreneurs don’t have that luxury. They don’t have those experiences yet. And so, for better or worse, they are forced to make decisions based on instinct — what feels right, and what appears to be most obvious to them at the time. Over time they can
can develop their skills .

Aspiring entrepreneurs, can take many different career paths . The  path you choose will depend on your experience, skills, finances, and flexibility, as well as your goals for the future.

The best businesses for young entrepreneurs to start are often ones that build off any current working knowledge.Unfortunately, most young entrepreneurs instead of auditing their own skill sets, they look for what’s easy and available. They poke around and base their decisions on what appears to be open territory  only to begin on the journey and learn the hard lesson that no industry is free from competition and pitfalls.

Many young entrepreneurs do not have sufficient capital and need to keep a job part-time or full time to have a stable income, in order to be able to invest in their passions. Sometimes even the best people need some help to discover which job can be their best choice so many go to CraftResumes to create the best image in front of their employer.

If you want to be an entrepreneur and do not know where to start , your first job should be in sales. It’s obvious but sales skills are always key to any enterprise . A job in this field will teach you to communicate very well, to be persuasive, to read customer needs and to adapt to them, to be friendly and to find quick solutions to customer requirements. You will also be in an environment where you will not necessarily work on a fixed salary but on commissions, so you will be taught to work and raise your level of performance. 

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7 Differences Between Generation Z and Millennials As They Enter The Workforce

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Employers Will Have To Adjust To New Generation

April 8,2017

the staff of the Ridgewood blog
Ridgewood NJ, There’s a new generation in town and it’s one that employers better get ready for, because it’s 23 million strong and will be flooding the workforce by the end of the decade.

Ladies and gentlemen, meet Generation Z; a confidence-filled group that doesn’t want to miss a thing, has the shortest attention span of any generation and isn’t quite as open as its predecessors – the millennials – from whom they learned that not everything needs to be shared online.

“If you try to treat those in Generation Z (born in the mid to late ‘90s, mostly to Generation X parents) like you treated Millennials (born in the early ‘80s to mid ‘90s, mostly to Baby Boomer parents), it will backfire on you,” says Matt Stewart, co-founder of College Works Painting (www.collegeworks.com). “This generation is unique. And now they are starting to enter the workforce.”

Thanks to his role at College Works Painting, which offers internships that help undergraduate students gain real-life business management experience, Stewart has gained a first-hand look at both the Millennials and Generation Z. And there certainly are differences between the two:

• According to best selling author and generations expert David Stillman, you won’t find those in Generation Z frequenting Facebook or Twitter as much as their predecessors. Keenly aware of software monitoring, they are more likely to share their worlds on apps such as Snapchat or Instagram. Often dubbed Digital Natives, Millennials are much more likely to share their lives in the open on platforms such as Facebook.
• Being culturally connected is more important to those in Generation Z than to Millennials, with many more Gen Zers suffering from FOMO (Fear of Missing Out) than Millennials.
• Stewart doesn’t see this as a hard and fast rule and says the experience Generation Z employees have at College Works Painting – and the impact they pride themselves on having – is much the opposite of FOMO. An example that Stewart says other companies can follow.
• Those in Generation Z have grown up with smart phones, tablets, 3-D, 4-D and 360-degree photography just to name a few of their norms. According to Stillman, keeping the attention of a Gen Zer is harder than ever. Their average attention span is eight seconds, compared to the 12-second attention span of Millennials.
• Millennials are driven to succeed by helicopter parents who watch their every move, while Generation Z finds encouragement from parents who encourage independent thinking, want them to achieve on their own and are fed up with not receiving equal pay for equal success at work.
• According to Forbes, social entrepreneurship is important to Generation Z, a group that is driven to volunteer and choose a career in which they can make a difference. On the other hand, there are those who hope the Millennials will become more civic-minded as they grow older, but it’s something that hasn’t been witnessed as of yet.
• Generation Z children were raised in classrooms that focused on diversity and collaboration. Despite this fact, they tend to be more private than Millennials, perhaps as a result of seeing many of the downfalls of previous generations in the Great Recession.
• Because those who are part of Generation Z feel pressure to gain corporate experience early, they are competing with Millennials who are more likely to wait to gain that same type of experience. The good news for Millennials, who are more likely to chase jobs in the corporate world, is that 72 percent of those in Generation Z wish to take what they learn and apply it to their own business, versus 64 percent of Millennials who have the same goal.

About Matt Stewart

Matt Stewart is co-founder of College Works Painting (www.collegeworks.com), which provides real-world business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.

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5 Tips to Start Jump Millennials’Entrepreneurial Mindset

millennials

February 17,2017

the staff of the Ridgewood blog

Ridgewood NJ, So, you’re a smart, imaginative, persuasive millennial and – contrary to the bad rap your generation usually gets – you’re willing to work REALLY hard. You’re just waiting for all those boomers and Xers to get the heck out of the way so you can have your turn at the brass ring.

But why wait?

You and your well-educated and connected friends are in a great position to create your own success – by creating your own business. Survey after survey finds that millennials have a true entrepreneurial mindset; you like flexibility and independence, and you’re determined to pursue your passions. And, thanks to the accomplishments of others before you (the young founders of Airbnb and Uber, Facebook’s Mark Zuckerberg), you’re likely to get more support and less eye-rolling should you strike out on your own.

“With more resources available to start-up founders, and a new respect for what innovative thinkers can do, there’s no need to wait around for your corner office and executive title,” says Matt Stewart, an entrepreneur and co-founder of College Works Painting (www.collegeworks.com/about), an internship program that provides practical business experience for college students. “Why sit and dream about climbing the ladder at someone else’s business when you can create your own?”

The idea of building something from nothing is daunting but doable, says Stewart, who started his company with just four employees in 1993 and now operates nationwide. Here are some of his tips for getting started:

  • You don’t have to reinvent the wheel. Create opportunity by finding a business model that delivers solutions to an urgent need that customers have. Your customers should already understand your product or service and believe in its necessity, not just think that it would be “nice to have.”
    • Define what makes you unique. Once you’ve picked a service or product to focus on, find out what makes you different. Research competitors to determine their customers’ likes and dislikes. How can you pair your individual experience with a solution that addresses what’s missing in the marketplace?
    • Understand that competition is good. Try to avoid starting a business that doesn’t already exist. If there are similar products or services to yours, it means there’s a demand. Now it’s up to you to figure out how you can deliver something that’s different and better.
    • You don’t need to start the next Facebook. Don’t worry about entering the market with a huge company. Instead, focus on providing a great solution for a niche group of customers ¬and then over-deliver. You can’t service 1 million customers if you don’t know how to service 10. Focus on your first 10 customers.
    • Ready, shoot, aim. Don’t wait to get started. You won’t know if you’re onto something unless you start making sales. Your idea isn’t validated until you have paying customers. Don’t spend too much time planning; start engaging with potential customers as soon as you can.

If the fear of failing is holding you back, Stewart says, remember that there’s no better time to take a risk than when you’re first starting out.

“Meanwhile, you’re gaining work experience, learning to be a leader, and doing it on your own terms,” he says.

About Matt Stewart

Matt Stewart is co-founder of College Works Painting (www.collegeworks.com/about), which provides business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.

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Do Entrepreneurs Suck at Relationships?

Entrepreneur PJ Blogger

“Only a life lived for others is a life worthwhile.” – Albert Einstein

August 26,2016

the staff of the Ridgewood blog

Ridgewood NJ, Some argue that entrepreneurs suck at relationships. On the contrary, I think most of us are pretty good at them.

Many of us begin to realize success because of the nurtured relationships we’ve built. But as stress builds and businesses evolve, we allow our relationship skills to diminish. The more we engage in stressful business decisions and debate, the more our relationships suffer.

We speed walk through the hallway to our office to avoid a lengthy conversation with the staff because we have back-to-back conference calls starting two minutes ago. We check emails at the dinner table because no one’s really talking right now anyway.

We begin to treat all the people in our lives the same. Generic. Passionless. Cold. Soon our spouses, children, and employees feel inferior to everything else on our mind. I know because I let myself get like this—once. As my business grew and I became busier, my time became even scarcer. Enter relationship problems.

My insensitivity and newly-found failure in relationships became evident. Suddenly my operations team dreaded meeting with me, my wife and I were disconnected, and my kids liked her better than me (ouch).
This all dawned on me when I sent my wife a picture of my filet mignon from a business trip in Singapore.
She responded with a picture of the mac & cheese and hot dogs she was eating with our kids. Clearly something was off.

This reminded me of the value of working on relationships. I began rebuilding the relationship with my wife, my kids, my business partners, and my team. What’s more, I actually started looking at these relationships as something to be developed and analyzed. I finally realized that relationships don’t take care of themselves.

I now have meaningful, individualized, and long-lasting relationships with the people in my life—because I live for others. And that, my friends, is the one thing we all need to do every day.

Here’s how I live for others now.

1. Reach out to people.

The expression “let’s get together sometime” has become cliché for one reason: little to no follow through. Our Google Calendars get so packed with appointments and conference calls that we forget to include a wildly important component to our day—maintaining existing relationships and creating new ones.

Keep a list of your 20 closest friends and 10 people you want to get to know better and reach out to one person a day. Show your friends you care by asking how they’re doing and what’s new in their life. Ask the people you want to build relationships with what you can do for them. Genuine focus on the other person shows how committed you are to the relationship. You’ll also maintain awareness of what’s going on.

2. Be there for others. Do you have a person in your life that you lean on? This is the person you call immediately without even thinking about it because they’re consistently there for you. Be that person for others. You can do this by just making time for them. As entrepreneurs, time is the best gift we can give. If someone calls, if a staff member comes into your office, make time for them. Be engaged. Don’t cut one meeting short for the upcoming meeting. Just plan better, provide support and counsel.

3. Focus on the value delivered, not taken. Relationships are a two way street. Imagine how strong a relationship would be if you both approached it selflessly. Stop thinking about what you can gain from the relationship. Instead, focus on what you’re bringing to the table. It’s not about you, it’s about them. If you find yourself drifting off when someone’s talking to you, remind yourself of this and regain focus. Building a relationship is about having a real conversation and making a connection.

We talk about the importance of relationships all the time. Network, build your collection of business cards, connect with colleagues on LinkedIn, and follow people within your niche on Twitter. But if we’re not going to nurture and value these relationships, what’s the point?

About Matt Stewart

Matt Stewart is co-founder of College Works Painting (collegeworks.com), which provides business experience for thousands of college students each year. The award-winning program also offers high-quality house-painting services for homeowners.

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RHS graduate, Ashley Eapen, was recently interviewed by FORBES about her In/Spree App

In/Spree

“Hi everyone! I wanted to share a “good news” story about one of Ridgewood’s graduates, Ashley Eapen, who was recently interviewed by FORBES about her In/Spree App, which is changing how people can shop (since “it takes a village”, I thought our village would like to know about the good one of our own is doing). She managed to juggle starting this up while finishing her senior year of high school (I was her teacher, and she asked me to share this :). PLEASE take a moment to share and support our local girl! So proud of this talented, driven, creative, gifted young woman!” Kristine

How Two Entrepreneurs Leveraged Their Youth As A Strength, Not A WeaknessMatt Hunckler

CONTRIBUTOR

For many young founders, youth works against them. Seasoned investors want to work with entrepreneurs who have started and sold numerous businesses. Entrepreneurs who have been in the startup trenches. Entrepreneurs who know how to ride out the troughs and crests of the entrepreneurial journey. Young founders often find it difficult to secure funding.

This harsh reality makes the success of young Brendan and Ashley Eapen all the more surprising. The entrepreneurial duo recently made news by raising $250,000 to fund their new app In/Spree, which makes it possible for users to follow their favorite fashion influencers and then purchase clothes directly within the app.

http://www.forbes.com/sites/matthunckler/2016/08/05/how-two-entrepreneurs-leveraged-their-youth-as-a-strength-not-a-weakness/#768af50e629b

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Ridgewood Chamber of Commerce Women’s Brown Bag Lunch Bunch

brown-bag

Tue, June 07, 2016
Time: 11:00 AM
Location: Ridgewood Chamber of Commerce, 27 Chestnut St., Ridgewood, NJ 07450

Ridgewood NJ, Meetings of the Ridgewood Chamber of Commerce’s Brown Bag Lunch Bunch — a woman’s networking event — are held on Tuesdays. This networking is designed to place real value on the advice and wisdom of today’s business women organizers note.

The meetings have alternating times of 9 a.m. and 11 a.m., in the Chamber Office, at 27 Chestnut St.
For more information, call the Chamber office at 201-445-2600. For more info about the Chamber generally, visit its website or Facebook page.
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What’s Missing In The Millennial Skillset?

millennials

April 22,2016

the staff of the Ridgewood blog

Ridgewood NJ, One thing is clear: millennials – those born after 1980 – are the world’s future, and they’ve already made significant contributions.

Social media alone wouldn’t be what it is today without millennial entrepreneurs, for example.

“It’s not just technology defining the youngest working-age population, it’s also a distinct optimism and a desire to do work that matters,” says youth psychologist Dr. Jason Richardson.

“I don’t think millennials lack the work ethic and soft skills that others say they do. Many of those things come with age regardless of when you were born. But I do think millennials have been coddled. Many have an aversion to seek resolutions to problems within themselves – outside of technology.”

Richardson, author of “It’s All BS! We’re All Wrong, And You’re All Right!” (www.drjasonrichardson.com), offers millennials suggestions for expanding their skillset.

• Try more authentic “connections.” Competition among millennials can be fierce, especially when it comes to how your social media profile looks. You can have a thousand friends, “Like” the cool, trendy items and have an impressive bio with the right degree from the right school. More one-on-one time with your peers, however, helps with truly interpersonal settings, including working with people from older generations.
• Distinguish yourself by offering your full attention – a rare commodity nowadays. People never have to be bored anymore. If we must wait for anything, we can find distraction in our smartphones, which are on-demand boredom-killers. On the job, dividing your attention while on your phone with clients, management, during conference calls, etc. will not be appreciated. It’s not multitasking when your attention is compromised – a major hindrance in communication.
• Take a cue from older generations; grow thicker skin. Today, colleges are catering to students with “safe spaces” in case their feelings are hurt. Professors often warn students of “trigger warnings” in case academic content could be seen as offensive. Older generations were not as coddled, which helps them accept criticism at work. Thin skin can keep you from finding solutions to problems. Learn to accept professional criticism graciously so you may think more clearly on possible solutions.
• Base progress on doing good and less on feeling good. Doing good and feeling good don’t always coincide. Remember, you’re the baby who learned to walk despite many failed attempts. You didn’t need to feel good to be successful. Place value in the work and personal gains made as you move forward. Think of yourself as continually developing or becoming. You are more than what’s written on your social media profile.

“We can’t always control the conditions of this amazing world,” Richardson says, “but you can take control of the amazing you, if you believe you can.”

About Jason Richardson, Psy.D., MBA

Dr. Jason Richardson (www.drjasonrichardson.com) is a psychologist who earned his principles for self-improvement as a world-traveling athlete, doctoral student and student of life. He maintained top-10 status on the professional BMX circuit for most of his 15-year career, retiring with a gold medal at the 2007 Pan American Games.

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Main Street speaks out: Top candidate for small biz is Donald Trump

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Main Street speaks out: Top candidate for small biz

Elaine Pofeldt, special to CNBC.com

As Americans go to the polls for Super Tuesday, one big contingent that may wield tremendous influence is the small-business rank and file. The nation’s 28 million small businesses represent 54 percent of all U.S. sales and have provided 55 percent of all jobs since the 1970s,according to the Small Business Administration.

This should be a day of reckoning for the candidates as Main Street tries to get its voice heard. According to a recent Manta survey, a stunning 60 percent of small-business owners plan to vote in their state primaries and caucuses. Tuesday is the biggest single day for the seven presidential candidates in both parties to receive delegates, with voting taking place in 12 states, including Alabama, Georgia, Massachusetts, Texas and Virginia.

What’s driving small-business owners to the voting booths? According to John Swanciger, CEO of Manta, a social network for small-business owners, “there are issues squeezing small-business owners from every side — the economy, taxes and health care. They are looking for a candidate who understands how their sector is being impacted.”

Who comes out on top? So far, small-business owners said their No.1 pick is Republican candidate and business mogul Donald Trump in Manta’s poll. Thirty-eight percent of small-business owners said the businessman would be the best president for small business, while 21 percent said Democratic candidate Clinton would be.

http://www.cnbc.com/2016/02/29/main-street-speaks-out-top-candidate-for-small-biz.html

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Serendipity Labs Coworking Expands into Ridgewood

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Februray  10,2016

the staff of the Ridgewood blog

RIDGEWOOD, N.J. –  The Pinnacle Companies announced today that it will open New Jersey’s first Serendipity Labs coworking location at 45 N. Broad Street, the iconic, totally renovated Lincoln building across from the Ridgewood NJ Transit train station. The three-story, 8,500-square foot space provides a vibrant coworking area, dedicated offices and team rooms. Members will also have access to an upscale lounge, ideation studio, work bar, event venue space and a café. The entire Lincoln building has been upgraded with a new lobby, modern elevator, new windows and HVAC systems.

“Independent professionals, entrepreneurs, remote and mobile workers working in and around Ridgewood will now have a premium workplace and meeting venue offering a level of hospitality that rivals boutique hotels,” says Brian M. Stolar, CEO of The Pinnacle Companies, an award-winning leader in urban redevelopment and the exclusive Serendipity Labs area franchisee for Northern New Jersey. “OurRidgewood coworking members can walk to great restaurants, fitness clubs, coffee shops and the train to Manhattan, which is just across the street. Corporate memberships will be available to provide access to the growing Serendipity Labsnetwork locations.”

Serendipity Labs has urban and suburban locations opening in nine states. It is one of the fastest growing coworking networks nationally and in the Tristate area.Serendipity Labs offers a range of membership options including day passes, monthly coworking lounge access, full-time dedicated private offices, and team rooms for companies needing project space.

Serendipity Labs is a different kind of coworking provider. Our members come from a cross section of industries that include healthcare, finance and technology, many of whom have memberships paid for by their employers. Others are independent consultants or start-ups. Our IT infrastructure meets the highest standards. The upscale work environment is a lifestyle brand that is infused with hospitality and energy,” said John Arenas, CEO of Serendipity Labs. “As we expand across the nation, we are excited to help our new Ridgewood coworking members unlock their full potential and improve their lives.”

Serendipity Labs in Ridgewood will produce a full schedule of daytime and evening seminars and networking events designed for entrepreneurs, mobile workers and corporate members.

For more details, visit http://serendipitylabs.com/locations/ridgewoodcoworking/

 

 

 

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American Dynamism Dimmed

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American Dynamism Dimmed

Historians may see this as the point at which American supremacy in the business sphere ended

We have long written on this blog about the “Failure Generation” and their Millennial offspring , so what are your thoughts , temporary phenomenon or the beginning of the end ?

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