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I don’t know if I should start a business yet or not. Variation 7

Contemplating Entrepreneurship: A Young Barber’s Dilemma

As an 18-year-old barber with five years of hands-on experience and a solid clientele, the question of whether to launch my own business is weighing heavily on my mind.

Starting my journey at the age of 13, I spent countless hours perfecting my craft, performing free haircuts for friends and family. By 15, I began an apprenticeship, where seasoned professionals recognized my potential and helped me refine my techniques, ultimately leading to my licensure at just 16. Balancing a busy work schedule and high school wasn’t easy, but I managed to graduate without taking advanced classes, allowing me to devote ample time to my budding career.

Now that I’ve graduated and have saved approximately $80,000, I find myself at a crossroads. My father believes this is an ideal time to establish my own shop, especially considering my strong ties within the local Muslim community, which has provided me with a steady influx of clients—often booked out weeks in advance.

While the idea of opening my own barbershop excites me, I also feel a sense of hesitation. Should I remain at my current establishment for a while longer, saving more money and gaining additional experience? Or is it the right moment to take the leap into entrepreneurship?

The support from my father, combined with my established clientele, paints a promising picture, but the fear of the unknown is daunting. I welcome suggestions and insights from fellow barbers or entrepreneurs who have faced similar decisions. How did you determine the right time to start your own business? Your advice could help shape my path forward.

One Comment

  • Thank you for sharing your inspiring journey and thoughtful reflections. It’s clear you’ve built a strong foundation through dedication, skill, and community support—valuable assets in any entrepreneurial venture.

    Deciding when to start your own business is indeed a pivotal moment. Many entrepreneurs find it beneficial to adopt a phased approach: continue honing your skills and expanding your savings while gradually building your brand and understanding the business side of things. This can involve renting a small space, investing in marketing, or even partnering with others to share the initial risks.

    Additionally, consider conducting a detailed business plan that outlines startup costs, projected income, and long-term goals. Consulting with mentors in the industry or a business advisor can provide tailored insights and help you evaluate readiness from both technical and financial perspectives.

    Ultimately, if you feel confident about your skills, have enough capital to cover essential expenses, and a clear vision for your shop, taking the leap can be rewarding. But patience and thorough preparation often pay off, ensuring a smoother transition and sustainable growth.

    Best of luck—your passion and community ties already position you for success!

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