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How to Become an Entrepreneur?

How to Become an Entrepreneur?

How to become an entrepreneur? It is one of the most exciting professions in the world. It is most exciting but also most risky for the people who have it.

You become an entrepreneur when you start your own company. However, we can’t define the process from start to finish because you must take many more actions before you start your company to become an entrepreneur.

So, how to become an entrepreneur?

In the following 87 points, I will share some advices, thoughts and action steps that you need to take if you want to become an entrepreneur.

And here is how to become an entrepreneur.

1. Be Unique

You must be different from the rest of the world if you want to become an entrepreneur. It means you’l need to see the world with the different eyes. You’l need to see opportunities where everyone else sees problems. Your company will be unique to the rate of how much you are unique.

2. Think Differently

If you are unique you’l probably think differently from the rest of the world. You’l need to find different ways to solve the same problems. That’s the difference between entrepreneurs and the rest of the world.

3. Think About Great Ideas

How to Become an Entrepreneur?

How to Become an Entrepreneur?

Successful entrepreneurs have great ideas that are unique, different and useful for the potential customers. If you want to build a company with a large business potential energy and become an entrepreneur you must to think about great ideas, not average one.

4. Dream About Changing a World

Each great idea can change the world. Look at Apple and Steve Jobs that really change the look of the world that we know from the past. If you want to become a successful entrepreneur, you’l need to dream. Dream about impossible things, because there is nothing impossible.

5. Follow Your Passion

If you want to become an entrepreneur, you’l need to include your passion into your business. It is your personal feelings and emotion that make you feel a positive affinity about something that you do. You’l need it for your company.

6. Think About the Biggest Problems

The world will always have problems that’re not solved until today. Find the biggest one that you can solve and transfer them into your company. That’s a way to become an entrepreneur.

7. Think About the Biggest Needs

On the market, there are also needs. You’l need to find the biggest one and incorporate the possible ways of satisfying that needs into your business.

8. Think About The Best Solutions about Problems and Needs

Each problem needs a solution that will satisfy some of the biggest needs on the market. Make the best solutions of the existing problems and needs on the market.

9. Think About What Makes You Happy

If you become an entrepreneur, it doesn’t mean that you need to be unhappy. You are at the first place in your company. Think about what make you happy and try to incorporate that into your business model.

10. Don’t Forget About Your Personal Targets

You are the human being before, and after you become an entrepreneur. You must think about your personal targets that need to be accomplished when you become an entrepreneur.

11. Start Networking

You’l need as much as more networks for your company. You cannot start your business without your networks that can launch you to the success.

12. Start Listening

Listening becomes one of the most important business functions today. You need to listen if you want to know about the problems and needs of your customer. That’s a very useful informations that you can incorporate into your company.

13. Find Your Unique Personality

How to Become an Entrepreneur?

How to Become an Entrepreneur?

Your unique personality is something that will differentiate you from the rest of the entrepreneurs, and in the same time will differentiate your company from the rest of the companies.

14. Learn from Successful

If you want to become an entrepreneur, you must start to learn from the successful people.

15. Read Books from Successful Entrepreneurs

There are plenty of books from successful entrepreneurs who can give you the knowledge that you need to become a successful entrepreneur.

16. Read a Lot

You need to read a lot, because it is the only way always to increase your knowledge, and in such a way your business potential energy.

17. Read Blogs About Entrepreneurship

There are plenty of blogs about entrepreneurship that you can read on the everyday basis to increase your knowledge, to find some useful ideas or some new technologies.

18. Be Disciplined

If you want to become an entrepreneur forget about indiscipline.

19. Believe in Your Abilities

How you can expect your customers to believe in you or your company if you didn’t believe in your own abilities?

20. Increase Your Self-confidence

If you believe in your abilities that you can become an entrepreneur you will have enough self-confidence for such a type of job. If you didn’t have, start finding the ways to increase your self-confidence right now.

21. Find Your Best Inspirations

What inspires you? Your inspirations will lead your company in the future.

22. Stop dreaming, Start Doing Something

It’s time to stop with dreaming and sleeping. Peoples that only dreamed can’t become entrepreneurs. Because of that start doing now.

23. Don’t Rely on Coincidences

Coincidences are not the rules in entrepreneurship. Don’t rely on them in your business.

24. Be Great for Something

If you want to become an entrepreneur, you’l need to be great in something. You need to be better than everyone else. Are you?

25. Develop Your Greatness

If you think that you are not so excellent to start your company now, start with developing your greatness.

26. Just Do It Better Than Everyone Else

You don’t need to reinvent the wheel. You’l need just to do it better.

27. Start With Your Prototype

It’s time to make your first prototype of your products or services.

28. Try Yourself on the Market

Maybe your prototypes of products and services are the best in the world, but you are not the judge. The market and customers are judges about that.

29. Implement the Feedback From the Market into Your Product and Service

Why you are trying yourself with a market if you don’t implement the feedback from the market in the form of improvement of your products and services or your overall future business?

30. Make Your Products and Services Easy Understandable

You cannot expect that you will sell your products and services if they are not clear for your potential customers. Make them to be easy understandable.

31. Brand Your Business

What about your business name, or logo? Make something really recognizable.

32. What About Your Own Risk?

Think about your own risk. How much risk could you tolerate?

33. Don’t Forget to Talk About It Constantly

You want to become an entrepreneur, start talking about your passion, about your future business, about problems that it will solve.

34. What’s Your Vision?

How are you see the future of your company? Where it will be after five or ten years.

35. The Strategy

You need a strategy if you want your vision to become reality.

36. Clear Business Model

How to Become an Entrepreneur?

How to Become an Entrepreneur?

Draw your business model on piece of paper. You can see the connections between the most important business elements.

37. Plan Your Path to Success

You know where are you now, and you know where want you to be after five or ten years. Next you need to connect the dots. You need to draw your trajectory to your vision. That’s your plan.

38. Prepare Yourself for the Next 5 Years

You must prepare yourself for the next five years.

39. Write a Business Plan

The business plan will be your path to success. Everything that you make until here you need to transfer in a great business plan.

40. Define SMART Goals

When you set up your business goals check are they SMART (Specific, Measurable, Achievable, realistic and Time-Limited).

41. Be Realistic When You Plan Your Business

Don’t lie yourself with your business plan. Make it as real as possible. When needed, realign it to be in correlation with the reality.

42. Ask for Help if You Need It When You Plan Your Business

Sometimes you can’t make all the predictions, analysis and calculations in your business plan. If you need a help do not hesitate to get the help.

43. The Best Plan is When You Include Answers from Potential Customers

Ensure that your business plan has incorporated the answers from your potential customers. It is important because your company will serve them.

44. Keep Your Plan as Simple as Possible

It is more important that you, and your employees understand your plan than the complexity and the rules from the schools.

45. Use Bullet Points in Your Plan

The best business plan that I’ve been seen is bullet point’s business plans. It’s because the bullet points are the simplest form that ensures implementation of the plan itself.

46. Do Not Forget About Responsibilities

On the other hand, bullet points need clear responsibilities for implementation. Don’t forget to include them on each point.

47. Clearly Define the Delegation Process

Delegation will be important part of your future business. The best time is to define the delegation process now.

48. You Are Not Alone

How to Become an Entrepreneur?

How to Become an Entrepreneur?

You must understand that you are not the one-man show. You are not alone.

49. You Can’t Survive Alone

If you want to be a one-man show, you need to understand that you will decrease your possibilities to become an entrepreneur.

50. Recruit Smart

You need to make a process that will recruit the best possible employees for your business. They are your future business potential energy.

51. Motivate Smart

Employees need to be motivated to if you want to get the best from them.

52. Lead Smart

You are the leader. Your job will be to lead.

53. You Can’t Please Everybody

Understand that you can’t please everybody. If you want to please everybody, you will lose some bigger part of your business potential energy.

54. Now, What’s Your Target Market?

Clearly define your target market if you want to give the best from you to satisfy them.

55. Always be Close to Your Target Market

You’l need always be on the places where are your target customers. Listen to them, educate them, help them…

56. Don’t Forget to Ask Questions

Ask questions. Ask a lot of questions.

57. Let’s Your Focus Be Always on Your Customer

Your customers are your bosses if you want to become an entrepreneur. You need to focus on them as something primary for you.

58. Create Value

You will sell the value not only your products and services.

59. Start Shipping the Value

The value is not about you. It’s about your potential customers. Because of that start with shipping now.

60. Make a Really Irresistible Offer

Irresistible offer is something that can’t be resisted, something that will provide long-term success of your business. Try to make really irresistible offer.

61. Always Research

If you want to become an entrepreneur, you’l need always researched everything around your business.

62. Observe Everything Around You

You as a future entrepreneur will need to be a good observer.

63. Evaluate but Also Finish Evaluations

Your job if you become an entrepreneur will be to evaluate, but don’t let your evaluation to last forever. They need to be finished, and the results from them implemented into your business.

64. Always Ask Why, What, Who, When and How

The crucial questions that you’l need always to ask if you become an entrepreneur are why, what, who, when and how about everything around your business.

65. Don’t Forget About Your Strengths and Weakness

Always try to improve your strengths and in the same time eliminates all of your weakness.

66. But, Also Look into Possibilities and Threats

You need to look outside of your company. There are possibilities and threats.

67. Always Search for Referrals

Referrals can increase your business potential energy drastically. Because of that, you need always to search for referrals.

68. Use Smart Marketing, Not Expensive Marketing

You’l need to be a smart marketer, not a marketer that only will spend money without results.

69. Always Try to Inject Virality in Your Marketing Weapons

Your marketing weapons need virality in them if you want to be seen from as much as possible potential customers.

70. Let’s All Your Marketing Weapons Communicate Your Value

Always check your marketing weapons to see if there is clearly communicated the value that your business offer.

71. Decide Quickly, But Relaying on Quality Information

Your decisions need to be based on the right information, in right time and at the right place.

72. Always be Transparent

Transparency will make your business much stronger than you think.

73. Be Patient, Entrepreneurship is not Quick Rich Strategy

You’l need to be patient. Entrepreneurs are patient. They know that success is not an overnight success.

74. Prepare Yourself for the Worse Scenarios

You need to know that statistically more businesses didn’t succeed. It means that more people don’t become entrepreneurs. You’l need to prepare yourself for the worse scenario with your business.

75. Have Your Plan B

Successful entrepreneur always had a plan B in the pocket.

76. Probably, You’l Need to Sacrifice Your Lifestyle

To be an entrepreneur can ask from you to sacrifice some or in some cases the whole your lifestyle.

77. Develop Plan About Repeating Purchases

Successful businesses rely on repeating customers. You’l need to develop a clear plan to ensure repeating purchases.

78. Think Twice Before You Start

Wait, for the moment, and think again before you start.

79. Think About Outsourcing

You can increase your productivity if you include outsourcing as a part of your business model.

80. Be Positive, Even if You Loose

Never be negative, even if you lose. If you lose the battle, that didn’t mean that you lose a war.

81. Start Blogging for Your Business

Blogging is one of the most powerful ways to share a word about your business. Why you are not using it?

82. Educate, don’t Sell

When you blog about your business, don’t try to sell, educate.

83. Don’t be Boring in Your Business Blog

Escape the philosophy of that well known boring corporate blogs.

84. Escape Me, Me and Me Syndrome

As you learn from the previous advices in this post, you are not alone. It’s not about you or your business. It is more about your customers.

85. Permanently Eliminate Problem Causes When You Solve the Problems

If you want to eliminate repeating occurrences of the same problems, you’l need to eliminate the problem causes immediately after you solve the problem.

86. Eliminate All Your Obstacles to Success

You will have many obstacles on your path to become an entrepreneur. Always try to eliminate them.

87. Good Luck, You’l Need It