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MiraCosta offers tips to young would-be entrepreneurs

OCEANSIDE — The Extreme Entrepreneurship Tour that has been traveling through Ohio, Arizona and California, stopped in at MiraCosta College on Oct. 14 to share empowering tips on how to start a business.
The workshop, geared for 16- to 27-year-olds and sponsored by MiraCosta College and the Small Business Development Center, gave students tools to set up their own businesses.
Expect to put in 10,000 hours to achieve your business goal, identify a purpose, develop a business plan, and take one to three daily
action steps, advised
Michael Simmons, Extreme Entrepreneurship Tour CEO and cofounder.
“Our deepest fear is that we’re talented beyond measure,” Simmons said.
“It’s not about quitting your job and letting down family obligations,” Simmons said. “Take one step at a
time. Start small.” Simmons advised entrepreneurs to plan, think strategically and react to changes.
“School is a tool, but it’s not enough just to go to college,” Simmons said. Hard work and persistence are also necessary for business success Simmons said.
Participants received a workbook listing the business strategies shared. Tips on developing a mindset to begin your own business were also given.
“Anything you put your mind to you can accomplish,” Raj Lahoti, tour speaker and business owner of OnlineGURU and Affiliate Media, two companies that have made the Inc. magazine top businesses list, said.
One business tip from Lahoti was to be selfish. “Taking care of yourself is No. 1,” Lahoti said. “Trust yourself and your inner voice. If you don’t know who you are find it.”
Simmons said that 92 percent of those who attended the workshop say they are ready to pursue their goals, but those goals are not always the tough job of starting a business.
Sudershan Shaunak, director of North County Small Business Development Center, said the center is a local resource that helps prospective business owners calculate risks and analyze if their business plans are feasible.
“We take them through all the steps to start a business and grow it,” Shaunak said.
The Small Business Development Center cosponsored the Extreme Entrepreneurship Tour workshop to inspire young entrepreneurs.
Two high school students who said they benefited from tips shared at the workshop are 17-year-old Dillan Stockham and 18-year-old Francesca Carter, who plan to open Clear Glass Productions, a video and audio production company. “We just got our business cards,” Carter said.
Stockham said they have been told that the field of audio and video production is competitive, but they are sticking with their business plan. “Somebody makes it, we can be that somebody,” Stockham said.a