Comments on: The young entrepreneurs - a boon or a menace? http://acro.net/blog/2008/02/13/young-entrepreneurs/ Wed, 09 Jul 2008 11:02:57 +0000 http://wordpress.org/?v=2.3.3 By: DamionKutaeff http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-108 DamionKutaeff Sun, 23 Mar 2008 13:36:59 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-108 Hello everybody, my name is Damion, and I'm glad to join your conmunity, and wish to assit as far as possible. Hello everybody, my name is Damion, and I’m glad to join your conmunity,
and wish to assit as far as possible.

]]> By: Angela Siefer http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-44 Angela Siefer Sat, 23 Feb 2008 01:38:49 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-44 I'm not dismissing the legal issues but seems only fair to the young domainers to mention that Grassroots.org has received support from two young domainers recently. One 17 year old sent us a cash donation. One 21 year old donated 30 domains (which we will auction off at the next SnapNames/Moniker auction). I'm not a domainer but some of them seem pretty decent (like hitclicks.com). I was thrilled to see the young ones giving back. Hopefully it means they will continue to find ways to give back as their businesses grow. I’m not dismissing the legal issues but seems only fair to the young domainers to mention that Grassroots.org has received support from two young domainers recently. One 17 year old sent us a cash donation. One 21 year old donated 30 domains (which we will auction off at the next SnapNames/Moniker auction). I’m not a domainer but some of them seem pretty decent (like hitclicks.com). I was thrilled to see the young ones giving back. Hopefully it means they will continue to find ways to give back as their businesses grow.

]]> By: Derek http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-36 Derek Sun, 17 Feb 2008 09:08:58 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-36 You're a very good writer Acro! I thought it was very intelligently written. I agree with your points too. You’re a very good writer Acro! I thought it was very intelligently written. I agree with your points too.

]]> By: Frank http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-34 Frank Sat, 16 Feb 2008 16:52:18 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-34 Good Post. In the USA, persons under 18 are assumed to be unable to LEGALLY enter into any binding contracts. I wonder what that will do to domaining when a dispute arises one day. Will the adult buyer be able to get his $xxx,xxx.xx back and be able to keep the domain he bought? Will the youngster be able to keep the money and a domain when he scams somebody? There are several variations possible here. Not just the ones I mentioned. Watch Judge Judy someday for some eyeopening awards, BASED on precedents. Good Post. In the USA, persons under 18 are assumed to be unable to LEGALLY enter into any binding contracts. I wonder what that will do to domaining when a dispute arises one day.

Will the adult buyer be able to get his $xxx,xxx.xx back and be able to keep the domain he bought?

Will the youngster be able to keep the money and a domain when he scams somebody?

There are several variations possible here. Not just the ones I mentioned. Watch Judge Judy someday for some eyeopening awards, BASED on precedents.

]]> By: replic8te http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-33 replic8te Sat, 16 Feb 2008 16:12:18 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-33 If it wasn't for the business experiences I had as a kid, I wouldn't have had the success in other areas before I came to domaining. And here I expect even greater success, but thats not the point eh:) Also, if it wasn't for the fun, the mistakes, the chasing girls and getting frustrated with; if it wasn't for the chance to let my hormones run wild, and let "knee-jerk" reactions take me where they did... then I would never have figured out that I had a thing or more to learn about standing on my own 2 feet in the big world. The anonymity of the internet can provide an illusive shelter, letting younger ones with more to learn, feel as if they are indestructible titans of industry. The thing is, in this game of ours, anonymity doesn't really serve you well in building a reputation or demonstrating consistency. The biggest point for me in your article, which I should have thought of (!!) before, was the lack of legal accountability for a minor. Damn, I can admire any kid with the gumption to start a business, with the support of their folks especially or some worthy mentors. If they come unstuck tho and cannot handle the responsibility they have toward owning their actions and their outcomes, then its time to pause and reflect. If it wasn’t for the business experiences I had as a kid, I wouldn’t have had the success in other areas before I came to domaining. And here I expect even greater success, but thats not the point eh:)

Also, if it wasn’t for the fun, the mistakes, the chasing girls and getting frustrated with; if it wasn’t for the chance to let my hormones run wild, and let “knee-jerk” reactions take me where they did… then I would never have figured out that I had a thing or more to learn about standing on my own 2 feet in the big world.

The anonymity of the internet can provide an illusive shelter, letting younger ones with more to learn, feel as if they are indestructible titans of industry. The thing is, in this game of ours, anonymity doesn’t really serve you well in building a reputation or demonstrating consistency.

The biggest point for me in your article, which I should have thought of (!!) before, was the lack of legal accountability for a minor. Damn, I can admire any kid with the gumption to start a business, with the support of their folks especially or some worthy mentors.

If they come unstuck tho and cannot handle the responsibility they have toward owning their actions and their outcomes, then its time to pause and reflect.

]]> By: Acro http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-23 Acro Wed, 13 Feb 2008 15:57:44 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-23 Thank you Stian :) Please note that the focus of my article is not scams but rather, whether one should engage into business transactions with non-adults, where the risk of an unsatisfactory transaction is considerably higher. Thank you Stian :)

Please note that the focus of my article is not scams but rather, whether one should engage into business transactions with non-adults, where the risk of an unsatisfactory transaction is considerably higher.

]]> By: Stian Holtet http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-22 Stian Holtet Wed, 13 Feb 2008 14:54:15 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-22 Very well written Acro. I do see the point in what you're saying and no matter what people say, the older the person you're dealing with is, the more experience he/she has and usually the more smooth of a transaction. I'm not saying that all youngsters are scammers and unprofessional, but 16-year olds _do_ think different than a 25-30 year old person. The step to pulling a scam, for obtaining quick money, is way shorter for a "kid" than for an experienced business man. Very well written Acro. I do see the point in what you’re saying and no matter what people say, the older the person you’re dealing with is, the more experience he/she has and usually the more smooth of a transaction.

I’m not saying that all youngsters are scammers and unprofessional, but 16-year olds _do_ think different than a 25-30 year old person. The step to pulling a scam, for obtaining quick money, is way shorter for a “kid” than for an experienced business man.

]]> By: Acro http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-21 Acro Wed, 13 Feb 2008 14:26:30 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-21 Tom, actually despite the strong sentiment, my article is well-balanced and does not put every young person in the same "bag". But the fact remains that for reasons explained already in my article, these young persons are not biologically mature enough to sustain the rhythm and requirements of a business environment in a manner consistent with the rest of the adults. I understand that you, as a young person who strives to succeed early in life, are eager to prove me wrong :) The world is your oyster, take it slow. Tom, actually despite the strong sentiment, my article is well-balanced and does not put every young person in the same “bag”. But the fact remains that for reasons explained already in my article, these young persons are not biologically mature enough to sustain the rhythm and requirements of a business environment in a manner consistent with the rest of the adults. I understand that you, as a young person who strives to succeed early in life, are eager to prove me wrong :) The world is your oyster, take it slow.

]]> By: Tom Clowes http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-20 Tom Clowes Wed, 13 Feb 2008 14:18:04 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-20 Well written Acro, but same things again. You yourself are stereostyping teenagers as nuisances, scammers, etc... (At least that is the implication from the post). I really feel you should add an extra paragraph explaining 'this is is the case with many teenagers, but not all' and then a final paragraph: 'loads of adults (possibly even a similar amount) act in the same way' JMO Thanks TC Well written Acro, but same things again.
You yourself are stereostyping teenagers as nuisances, scammers, etc…
(At least that is the implication from the post).

I really feel you should add an extra paragraph explaining ‘this is is the case with many teenagers, but not all’ and then a final paragraph: ‘loads of adults (possibly even a similar amount) act in the same way’

JMO
Thanks
TC

]]> By: Sammy Ashouri http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-19 Sammy Ashouri Wed, 13 Feb 2008 09:06:37 +0000 http://acro.net/blog/2008/02/13/young-entrepreneurs/#comment-19 I must say this was a damn well written post. Extremely interesting. I must say this was a damn well written post. Extremely interesting.

]]>