I chose to write about Youngentrepreneur.com because I feel it best embodies what I am look for as far as networking, advice and tools to startup a successful company. Not only is the site easy to navigate but it’s also a wealth of information. Searching quantcast.com I found the demographic of this site to be mostly male, 18-34 ages, with larger than average African American visitors. Most visitors are college grads and less affluent. The less affluent statistic leads me to believe that because of our economy and the awful job market people are looking for ways to make business on their own by bypassing corporations; Youngentrepreneur.com could help people do just that.
There’s a page on the site that gives us the tools to register a domain name by paying a small fee. This falls right in line with the advertising that the site offers information about. If you are able to advertise on your own site and gain revenue from that, you can then use that revenue to fund advertising for marketing, research and many other aspects of your company. I am firm believer that everything goes in circles.
What this site means for my industry is that the cost of starting up a business can be analyzed and carefully considered before proceeding. There are articles about credit card choice, legal advice, business coaching by way of blog and you can even post questions to experts on a forum. This site could eventually change the way many young entrepreneurs start up a business that as we can see could be done completely online.
The forum and blog feature give members the chance to further build a network beyond LinkedIn, MySpace, Facebook or Twitter. While these sites are good for networking they generally don’t give advice like youngentrepreneur.com. I believe it’s much more specific to youth that are looking for knowledge from experts and a place to build professional and personal relationships.
Though this website does not directly address the music industry it does address many aspects of being young, having an idea but having nowhere to build upon these ideas. Youngentrepreneur.com is a great place to get started and meet others with its sponsor ParnerUp.com, a small business community. Although it is not yet an association I do see it gaining that title eventually because of its community of up-and-comers as well as it wealth of advice.
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