I am a young teen, who is starting a small business with a friend, and I was wondering if there are any specific pieces of advice you would give me to help me start out.
Learn the product needs or business need and update your plans as quickly as possible.
There is no difference in advice based on age. There are six basic business skills you will need to have, either your own or through hiring help. Knowing that very few business owners ever master more than two themselves, be prepared to find the other talents. Marketing, Sales, Organization, People, Efficiency, and Leadership.
I'm not sure that you have a job, but I just wrote an article that could potentially be helpful. In my opinion, same rule applies: be prepared!
My honest advice - just build stuff online. Get SOMETHING live. You'll find that as you start working on one thing, you'll pivot to another direction, then another direction and your final product will be completely different than what you had originally planned - but that's how innovation happens.
Don't try to copy a specific functionality or aesthetic either - carve your own path, have fun and solve a real problem a real person is having.
Get data and dive in!
Well, you should learn everything that you need to succeed from people who are already successful in the venture you wanna start...Learn from their mistakes,choose your business partners like you are choosing your life partner and learn..
Read books, study successful entrepreneurs.
I will suggest that you both be sincere with each other. Put all cards on the table right from the start. Nothing should be hidden to be treated later. Best of luck.