Title: Contemplating Entrepreneurship at 18: A Barber’s Dilemma
As a recent high school graduate with a wealth of experience in the barbering industry, I find myself at a crossroads: should I take the plunge into entrepreneurship now, or gain more experience before starting my own business?
From a young age, I dedicated myself to the art of barbering. Beginning at just 13 years old, I worked 45 hours a week, initially offering free haircuts to build my skills and reputation. Fast forward to 15, when I began an apprenticeship that helped refine my technique and correct some early missteps. By 16, I earned my barber license, an accomplishment I’m particularly proud of, especially with five years of hands-on experience now under my belt.
Balancing work and school was a challenge, but I strategically opted out of advanced classes, allowing me to dedicate time to my profession while successfully completing my studies. With my graduation in the rearview mirror and a solid financial cushion of $80,000 saved, I find myself considering the possibility of opening my own barber shop.
My father supports my venture, highlighting the advantage of having stable living arrangements and a substantial savings account. Additionally, I’ve cultivated a loyal clientele, particularly within my local Muslim community, often booking appointments two weeks in advance. This robust demand reassures me that I won’t struggle to attract customers if I decide to launch my shop.
Despite these advantages, I grapple with uncertainty about starting a business at such a young age. Would it be wiser to continue building my experience and earnings at my current workplace for a few more years? Should I immerse myself further in my craft before taking on the responsibilities of entrepreneurship?
As I weigh my options, I invite input from fellow aspiring entrepreneurs, seasoned barbers, or anyone with insights into the challenges of starting a business. At 18, is now the time to take a leap into entrepreneurship, or would patience and further experience yield greater rewards in the future? Your thoughts are appreciated!