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Making money is goal that many of us have. I mean, in most cases, sans the philanthropy, we don’t just start a business for no good reason. We start a business to make money. When we consider the idea of starting a business and making a lot of money, we often get caught up in a lot of things which really do not matter. If you want to make money, your head needs to be clear and you need to focus on the right things, rather than the drab and wasteful mantras we often hear repeated.

First and foremost, your age doesn’t matter. Some of us have this traditional perception that being young means struggling and middle-age means beginning a more professional career path. This isn’t true at all. Age is merely an inconsequential number. Lots of people make great money starting businesses when they are younger. Remember, your young age can actually help you connect with younger demographics and newer technology more easily. The key is what you know, the skills you have and your drive; age isn’t a real determiner of success.

When generating ideas for business ventures, consider where the money is. Look for emerging markets and try to get in early with your ideas. Cultivate fresh verticals based on success-based trends. Maybe instead of building a general site, you find a niche within that content that’s not being covered, but is very sought after.

Your dedication is the fuel for your success. You must make sacrifices if you want to succeed. Dedicate yourself 100% to the cause of success. If you are young and single, it might be to your advantage. Not having a family yet could create a perfect storm of dedication if you are willing to pass on the party nights out. In order to achieve greatness, you have to be sold that it is 100% your passion and you will do anything to make it happen.

Find something you love, if you can, but don’t get too hung up on it. Look, if you can get into something you love, it is likely you will be better versed in the technology and marketing more than if you weren’t interested in it all. But don’t get too caught up in trying to find that one thing you will love, because honestly, most entrepreneurs just love building a new business and turning it into something great. And most of us are willing to learn new verticals and in the end, we find we do love what we are doing.

In the end, it comes down to how much you are willing to dedicate yourself to a new venture. You can learn anything. You can obtain new skills. You can find funding. But are you willing to sacrifice? That’s the core competency of any new business: your willingness to suffer through the hard times.

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