5 Things to Know If You're Starting a Business Under 30

So, you’ve decided to start a business, even though you’re young and don’t have much experience. That’s okay -- in fact, it’s better than okay. There are a ton of advantages to starting a business in your 20s and 30s, including higher long-term potential gains and (generally) a higher level of energy and enthusiasm.

However, before you get too deep into your entrepreneurial endeavor, there are a few important things to know about starting a business before you’re 30:

Lessons From 6 Business Superstars

Whether you’ve been in business weeks, years or decades, you’ve collected a number of lessons along the way. Some have been in the form of positive, enlightening moments, and others have knocked you for a loop. No matter whether you’re an entrepreneur working for yourself -- or the head of a family business or a professional working for an established company -- business offers you plenty of teachable moments, if you pay attention.

I've personally bought and sold more 250 businesses and served as CMO at a Fortune 100 company. Today, I have a podcast and am the chairman of the C-Suite Network. And all these stops along the way have taught me a few things. Here are my "top business lessons" I've collected from the people who have been there and done it all.

New Tax Laws That Impact Small Business Owners in 2017

Since it’s always best to be well-prepared when it comes to taxes, here are some of the new changes that you should be aware-of. As with anything to do with the government or taxes -- if you really want to stay-top of this information, meet with your tax advisor and frequently check for updates on IRS.gov.

Keep in mind, this isn’t legal advice as I’m not in that space … but more a few new tax laws for 2017 that I’ve noticed that business owners should pay attention too.