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Can I start an actual business at 16! (alien.top)

submitted 1 year ago by Consistent_Bit_5438@alien.top to c/entrepreneur@indiehackers.space

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Im not talking about a dropshipping business or anything like that, I mean an actual business where i manufacture my own products. Would this be possible at my age, and where would I start?

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[–] Nearby-Buffalo-6829@alien.top 1 points 1 year ago

Since you're a young entrepreneur looking to start a manufacturing business, begin by identifying a product you are passionate about and conduct market research to ensure there's a demand for it. Next, write a basic business plan detailing your product, manufacturing process, and how you plan to make a profit. Be sure to understand the legalities of starting a business as a minor in your area. Create a prototype of your product to test and refine your idea. For funding, you can use personal savings, seek help from family, or look into small business loans and grants. Set up a manufacturing process, either at home or through a contracted manufacturer. Start selling your product through personal networks, online platforms, or local markets, and use social media and a basic website for promotion. Flexibility and learning from experiences are key to your business's growth and success. Also, this article may help you. Give it a read https://www.cuppa.so/post/turning-your-big-idea-into-a-reality