- On April 15, 2015
- By Michael
- Tags Advice, Business, Career, choice, Coaching, Creativity, Education, Entrepreneur, focus, Goals, Ideas, Innovate, Innovation, Inspiration, knowledge, Life, Mindset, Self-help, Small Business, Startup, Strategy, Success, Winning
7 Critical Questions to Contemplate Before You Become an Entrepreneur
As a mentor to aspiring entrepreneurs, the most common question I get is, “I want to be an entrepreneur — how do I start?” The obvious answer is that you need an idea first, but I’ve come to realize that the process is really much more complex than that. Many people with great ideas never make it as entrepreneurs, and true entrepreneurs can make a business out of anything.
The first myth you have to get past is that having an idea will make you an entrepreneur. In fact, even implementing the idea into a solution doesn’t make you an entrepreneur. According to my definition and Wikipedia, an entrepreneur is someone who builds a new business. Based on my experience, creating the solution is usually the easy part of starting a successful business.
So before you quit your day job, tax all your friends and investors for money, or max out your credit cards to design and build a product, I recommend that you seriously contemplate the following more basic questions:
Click here to see what they are.
