56: You are never too young to start a company

Build With Rob

Rob Dyrdek

Business, Entrepreneurship

5 • 636 Ratings

🗓️ 27 June 2022

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Entrepreneurialism has no age. Whether you’re 10 or 18 or 75, it’s never too early or late to start a company. Whether your first venture is successful or not, you will learn so much that your next shot will have an even higher chance of making it. Rob started his first company when he was 18 years old, Orion trucks. He went out and signed the biggest skateboarders in the world to be a part of his company. And yet, he made very little money. Why? Inexperience. He allowed himself to be taken advantage of, and in this episode he shares the biggest lessons he learned.

Then Rob is joined by Alana Andrews, an 18 year-old entrepreneur herself who is an incredibly impressive founder. She has created SWEY, a more health conscious sports drink by gen-Z, for gen-z while still in high school. She’s also an author, a speaker, and a philanthropist. She’s looking for advice on communicating her product’s core value proposition and differentiation in market, as well as maximizing her many amazing initiatives at the same time.

IG: @sweytoplay

IG: @alanalandrews

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Transcript

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0:00.0	Welcome to Build with Rob. It is Rob Dudek. Look, I'm going to say it right now. You are never too young to do absolutely anything. And you are certainly never too young to start a company. Okay. It's like, you know, there may be some debate that like, okay, if you are
0:23.8	three and a half years old, maybe you shouldn't because you can't speak yet and talk and walk very well.
0:29.2	You know what I mean? But, you know, if you're a teenager and you want to start a company, if you are,
0:36.2	you know, someone that's still in high school, someone that's still
0:39.3	in college, like how many stories do we need to hear of kids dropping out of college and making
0:45.7	multi-billion dollar companies, you know, it's in so many different industries and so many
0:51.8	different sectors, you know, and in, and the truth is developing and
0:57.1	building a company is super complex. But if you have an amazing smart idea, you have the
1:03.4	wherewithal, the passion, the energy, the understanding, and the, and the actual ambition,
1:10.6	and the, and you're willing to push through to try and bring something
1:15.0	alive like building a company and you are young your age should never be a limit. There is no
1:23.0	age limit to entrepreneurialism and that's the beauty of it you know there's not an age where you should
1:29.9	or shouldn't start a company if you have an idea and you believe you have the ability to bring
1:34.8	that idea to life i don't care how old you are you should start that company and go for it
1:41.3	because you're going to learn so much you're going to build the foundation
1:45.8	and knowledge base that you will carry with you for the rest of your life as you move on
1:51.6	and build other companies if this first company you've decided to create does not work
1:57.0	that is the beauty of perpetually evolving and growing as an entrepreneur. You get to learn
2:03.9	and get better and better, not just in the company you're running, but perhaps the company that
2:09.9	will be your magnum opus in the future. You know, and for me, I obviously, you know, went through it
2:16.7	on a lot of different levels.
2:17.9	You know, I started my first company right after I turned 18 years old, okay?
	...

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