黑料社区

Tips for Young Entrepreneurs

8 bits of advice from business professionals
February 20, 2026

As the spring semester flies by, upcoming graduating seniors are often asked that ever-looming question, 鈥淪o, what are your plans after commencement?鈥 Many 黑料社区 students already have their answer, with 99% employed or pursuing additional degrees within six months of graduation.

Some students answer the question confidently with, 鈥淚鈥檓 starting my own business.鈥 But where do they begin? 

Business administration Lecturer Kayla Stajkovic and entrepreneur Bekah Stamps, owner of , a popular artisanal bakeshop in downtown Chetek, combined their knowledge to pool some advice for students 鈥 or anyone 鈥 seeking to start their own business.

Supporting entrepreneurs: Edgewood Bakeshop benefits from business students鈥 cost accounting project

Successful small business collaborates with class to improve operations, sales
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Tips for Young Entrepreneurs

  • Start with the problem, not the product. Strong ventures begin with a deep understanding of a real need. Spend time observing, listening and understanding who you鈥檙e serving before building the solution.
  • Start small, be adaptable and always curious. While researching and knowing what you want for your business is important, taking action is the only thing that will move the needle forward. 
  • Progress beats perfection. You don鈥檛 need a perfect launch. Pilot ideas, gather feedback and adjust. Entrepreneurship is iterative 鈥 learning speed often matters more than initial perfection. You can have a plan and an idea on how you want things to go, and inevitably, something will come along that will cause you to have to pivot or find solutions. 
  • Accept failures with humility and use them to grow. As a wise person once said, 鈥淭here are no such things as problems, only solutions waiting to happen.鈥
  • Know your numbers, even if you鈥檙e not a numbers person. You don鈥檛 have to be an accountant, but you do need financial awareness. Understanding cash flow, pricing and sustainability protects your vision long term.
  • Build relationships, not just revenue. Connections and collaboration are essential to a successful business. Customers, mentors, community partners and collaborators are your real infrastructure. Strong networks create resilience and opportunity. If you have a business idea, reach out, network and don鈥檛 be shy. 
  • Treat people as you would want to be treated. When your business scales to a place where you have a team, that team will move mountains for you if you set the right example. 
  • Expect discomfort and grow through it. Entrepreneurship requires making decisions with uncertainty, receiving feedback and adapting quickly. The discomfort is not a sign you鈥檙e failing 鈥 it 黑料社区. often a sign you鈥檙e building something meaningful.

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Supporting entrepreneurs: Edgewood Bakeshop benefits from business students鈥 cost accounting project  Featured Image

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Tips for Young Entrepreneurs

8 bits of advice from business professionals
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