“Young entrepreneurs are who will spark innovation and revolutionize the entrepreneurial world.” – Sulaiman Khan

Sulaiman Khan, founder of Businessator

Businessator is a non-profit organization that assists mainly young entrepreneurs by helping them develop their business ideas. Sulaiman Khan, the founder of the organization, and the rest of the team at Businessator look forward to helping and inspiring entrepreneurs/stock traders to turn their dreams into reality. Fortunately, I was able to interview Sulaiman Khan about his venture.

Can you please tell us about yourself?

Sure! My name is Sulaiman Khan and I’m currently a senior in high school. I was raised in Dubai and at the age of 10, I used to go to my uncle’s business. He and the way he used to run his business fascinated me and exposed me to the world of entrepreneurship. Thus, I delved further into the business world. I started off by learning about entrepreneurship from my uncle and from other highly successful entrepreneurs, one of my favorites being Saygin Yalcin. I went on and took an entrepreneurship class where I successfully guided and lead a team in fully developing a business idea from scratch. Recently, I completed two internships regarding business and finance and currently trade/invest in stocks. However, along my journey and experiences, I discovered a consequential problem present amongst the entrepreneurship community which led to the creation of Businessator

What is Businessator?

Businessator is a non-profit organization that I founded in 2019 with the aim of assisting young aspiring entrepreneurs to start their own business, and I have done so successfully as we have so far served over 500 individuals. Through this venture, I created and designed one of the world’s fastest business idea evaluators, where you can get your idea evaluated in just 24 hours. One simply has to go to our website, answer a few questions regarding their idea, and then submit their idea to us. After that, my team and I will evaluate their idea within 24 hours and provide feedback and work with them, until their idea is perfected and ready for execution. Other than assisting people in developing their business idea, we also offer a free stocks course. Businessator’s free stocks course is unique in the sense that it is tailored for each and every one of our clients; each course and presentation is designed and curated differently for each of our clients depending on their risk appetite and investment goals. Lastly, through Businessator I have also partnered with industry professionals and CEOs who work alongside the team in developing our clientele’s business ideas and educate them about investing and wealth creation. I am grateful for creating Businessator and will continue to contribute to the entrepreneurship community. 

Why have you founded this venture?

I believe that in life, your experiences are one of your most valuable commodities. This held especially true during my experiences and exposure to the business and finance world. Moreover, I discovered a consequential problem in the entrepreneurship community and that is the lack of young entrepreneurs. So I started by going around my community and to my surprise, many teens did have entrepreneurial ambitions, but what was preventing them from pursuing them was the lack of affordable mentorship. I viewed this as an opportunity to start my own entrepreneurial career and thus launched Businessator, where I tackle this problem by working alongside industry professionals and CEOs to help develop young aspiring entrepreneurs’ business ideas for free in the most effective manner. I believe this will not only allow these young aspiring entrepreneurs to finally pursue their ambitions, but it’ll also propel the entrepreneurship community and spark further innovation amongst our society. The other reason I founded Businessator is because of my experience with stock trading/investing. I realized that there is nothing more liberating than attaining financial freedom at an early age. This is why at Businessator I’m offering a free stocks course where I hope to empower the community with stock trading/investing skills to ultimately create a path for them that’ll lead them to attain financial freedom.

How does your team work together to evaluate your customers’ business ideas?

The team at Businessator is divided into two divisions; one being the business development division and the other being the stocks division team. Furthermore, our strategic partnerships with industry professionals allow us to facilitate our clients with the utmost professionalism and expertise. When one comes up with a business idea, they can answer a few questions which encompass all aspects of their idea and are important to be completed so my team and I can effectively evaluate their idea. Once they answer them and submit their idea, my team and I work together diligently in evaluating their idea. We look at their idea from multiple angles and take into consideration a lot of factors that are critical for the success of a business such as risk, profitability forecast, customer acquisition cost, and most importantly, we look if their business idea actually solves a problem or not. Then the business division team, which currently consists of myself, our VP, an associate, and our industry partner who is an entrepreneur himself, completes the evaluation of one’s idea and then rates their idea in terms of whether or not it is ready for execution. If it’s not, then we go ahead and improvise their idea, provide feedback, and work with our clients until their idea is perfected and ready to turn into a business. 

How have you helped businesses launch?

We have helped numerous businesses launch. One of the first businesses we helped launch was called Signature. Our client was a 17 year old at the time and was perhaps one of the most motivated and entrepreneurial driven teens I’ve ever seen. He had a passion for apparel and fashion and was fascinated by designer brands such as Hermès and hypebeast brands such as Supreme. However, he now wanted to start his own fashion line/company but just didn’t know how to. Fortunately, he came across Businessator, and in the beginning, he really had no clue as to how to turn his idea into a business based on our initial evaluation. However, my team and I then worked with him for a few months, effortlessly combing our expertise in bringing this client’s passion to full fruition which we did so successfully; he then launched his fashion brand called Signature. 

Do you have any advice for young entrepreneurs?

Dream big. Pursue your ambitions. If you are ambitious and passionate about something, then you’re already on the right track as having the fervor and passion in yourself is what’ll ignite the motivation in you. However, then don’t let your age be an obstacle in pursuing your ambitions. Whether you’re 11 or 70, it is never too early nor too late. So, what I would say to young entrepreneurs is if you have a passion and would like to pursue it then do it; go out there and talk to people and don’t let anything stop you in pursuing your passion in starting a business as even if you fail the first time, the thing is you’re still young, so you still have the time to recover and bounce back again. Moreover, these learning curves that you’ll attain at an early age will only further minimize your risk and set you up for success in the future. 

Anything else you would like to say?

This is only the beginning for Businessator and me. I aspire to continue to view the entrepreneurial community from a societal perspective and increase the presence of young entrepreneurs in order to propel society and ultimately revolutionize the entrepreneurial world. 

As you can tell, Sulaiman Khan has done a great deed by starting Businessator, a non-profit organization that contributes to the entrepreneurial community. To visit the Businessator website and take advantage of these free resources, use the following URL: https://www.businessator.com/. Stay safe, and thank you for reading!