A large percentage of millennials want to start their own businesses. 66% want to be their own boss and 3.7% of US businesses are owned by those under 30. Many millennials see side hustles as a way to gain flexibility and fulfillment beyond traditional employment. Starting a successful business requires finding a market need and developing a plan around one's strengths and skills. Tiffany Yu shares her top 10 tips for those looking to start their own business, which include cutting commitments, using one's network, and prioritizing self-care.

1. @ I M T I F FA N Y Y U# S H A P E N A 1 6
O F M I L L E N N I A L S WA N T T O
S TA R T T H E I R O W N B U S I N E S S E S
6 6 %
3 . 7 %
O F U . S . B U S I N E S S E S A R E
O W N E D B Y T H O S E U N D E R 3 0 *
* as of 2013; Source: Bentley University (2014)

2. @ I M T I F FA N Y Y U# S H A P E N A 1 6
I WA N T
T O B E …
I A M …
M Y O W N B O S S

3. @ I M T I F FA N Y Y U# S H A P E N A 1 6
S I D E
H U S T L E

4. @ I M T I F FA N Y Y U# S H A P E N A 1 6
– C AT H E R I N E B A A B - M U G U I R A ,
“ M I L L E N N I A L S A R E O B S E S S E D W I T H S I D E H U S T L E S
B E C A U S E T H E Y ’ R E A L L W E ’ V E G O T, ” Q U A R T Z
“The side hustle offers
something worth much
more than money: A hedge
against feeling stuck and
dull and cheated by life.”

5. @ I M T I F FA N Y Y U# S H A P E N A 1 6
– C AT H E R I N E B A A B - M U G U I R A ,
“ M I L L E N N I A L S A R E O B S E S S E D W I T H S I D E H U S T L E S
B E C A U S E T H E Y ’ R E A L L W E ’ V E G O T, ” Q U A R T Z
“In any case, those of us who are
employed generally understand
ourselves to be lucky. [But your
side hustle is] the distraction
from your disappointment, a
bridge between crass realities
and your compelling inner life.”

6. @ I M T I F FA N Y Y U# S H A P E N A 1 6
W H Y ?

7. @ I M T I F FA N Y Y U# S H A P E N A 1 6
M O S T B U S I N E S S E S FA I L …
Source: Fortune Magazine (2014)
# 1 R E A S O N
L A C K O F
M A R K E T N E E D
F O R T H E I R P R O D U C T

8. @ I M T I F FA N Y Y U# S H A P E N A 1 6
H O W D O I S TA R T ?
W H AT A M I
G O O D AT ?
W H AT D O
P E O P L E
N E E D ?
W H AT C A N
D R I V E M Y
E C O N O M I C
E N G I N E ?

9. @ I M T I F FA N Y Y U# S H A P E N A 1 6
C A S E S T U D Y

10. @ I M T I F FA N Y Y U# S H A P E N A 1 6
C U T Y O U R
T I F FA N Y ’ S T O P 1 0 T I P S1
C O M M I T M E N T S

11. @ I M T I F FA N Y Y U# S H A P E N A 1 6
L I K E A B O S S
T I F FA N Y ’ S T O P 1 0 T I P S2
S C H E D U L E

12. @ I M T I F FA N Y Y U# S H A P E N A 1 6
U S E Y O U R
T I F FA N Y ’ S T O P 1 0 T I P S3
N E T W O R K

13. @ I M T I F FA N Y Y U# S H A P E N A 1 6
F I N D Y O U R
T I F FA N Y ’ S T O P 1 0 T I P S4
T R I B E

14. @ I M T I F FA N Y Y U# S H A P E N A 1 6
E V E RY T H I N G
T I F FA N Y ’ S T O P 1 0 T I P S5
O U T S O U R C E

15. @ I M T I F FA N Y Y U# S H A P E N A 1 6
A LWAY S
T I F FA N Y ’ S T O P 1 0 T I P S6
A D D VA L U E

16. @ I M T I F FA N Y Y U# S H A P E N A 1 6
AT W O R K
T I F FA N Y ’ S T O P 1 0 T I P S7
D O N ’ T F L A U N T I T

17. @ I M T I F FA N Y Y U# S H A P E N A 1 6
C E L E B R AT E
T I F FA N Y ’ S T O P 1 0 T I P S8
S M A L L W I N S

18. @ I M T I F FA N Y Y U# S H A P E N A 1 6
M A K E
!
A P R I O R I T Y
T I F FA N Y ’ S T O P 1 0 T I P S9
S E L F - C A R E

19. @ I M T I F FA N Y Y U# S H A P E N A 1 6
R E M E M B E R Y O U R
T I F FA N Y ’ S T O P 1 0 T I P S1 0
W H Y

20. @ I M T I F FA N Y Y U# S H A P E N A 1 6
“Tell me, what is it that you plan to do with
your one wild and precious life?”
Cut your commitments
Schedule like a boss
Use your network
Find your tribe
Outsource everything
Celebrate small wins
Always add value
Make self-care a priority
Remember your why
Don’t flaunt it at work
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T I F FA N Y ’ S T O P 1 0 T I P S
J U S T S TA R T. Y O U W O N ’ T R E G R E T I T.
A N D D O N ’ T Q U I T Y O U R D AY J O B … Y E T.