Tips and Tricks for Success for Young Entrepreneurs

To become a successful entrepreneur you need good ideas, a little luck, money and lots of hard work. 90% of successful people fail, which means to gain something (profits, equity etc) you must first lose something (your initial investment). Phat-farm is a multimillionaire company whose owner Russell Simmons lost 10 million dollars in the first five years.

A lot of experience and resources is not required but to become a successful entrepreneur you need to have passion and persistence.

Turning...