In the shifting sands of today's job market, young adults face unique challenges that can often seem overwhelming. With over a third of individuals aged 18 to 24 reporting no income from traditional employment in 2022, according to a St. Louis Fed report, it’s clear that new strategies are needed to engage with the evolving workforce landscape.

Leaving your job and making the switch to entrepreneurship can be daunting. But if you have the right expertise, take precautions, and work hard, there’s no reason why starting your own business isn’t a risk worth taking. For the first-time entrepreneur, good advice is golden. Maikoa Consulting shares some general tips to help put you on the right track.