3 Steps to Be an Entrepreneur

24 Aug 3 Steps to Be an Entrepreneur

Are you tired of working for someone else? Do you have a passion you’d like to pursue? If you answered yes these questions, then being an entrepreneur like Paul Gravette could be a great job for you. Here are three steps to start your journey.

1. Pick a Path

There are many different ways you can become an entrepreneur and you should choose the one that fits you best. Some questions to ask are:

  • What am I good at?
  • What do I have a passion for? (What gives me energy, what would I still do even if I didn’t get paid for it?)
  • Who will my service or product benefit?
  • What is unique to my approach/talent/skill?
  • What is the belief/promise/core values of my mission?

If you do not have a clear idea of what you want to, you can always learn about other businesses that interest you and exemplify their ideas. Another way is to look for a gap in the market. Notice a problem that needs fixing, and then find a way to establish a business that fixes it.

2. Make a Plan

Making a business plan will help you visualize your goals, and it can be very simple. A single sheet of paper where you write down your goals, your strategies to meet those goals, and your action steps to take is a good first step in your business plan.

Before you invest, you should find out if there is a market for your product or service. Ask questions such as:

  • How old is my target customer?
  • How big or small is my market?
  • Is my product relevant to their lives?
  • Why do they need MY product specifically rather than others?

To answer these questions you can do some research online, but most importantly you should ask your target customers. Create a survey, or poll, or ask examples of your target demographic for their input. What do they need? How much would they spend for it? How do they want to access it or hear about it?

3. Get to Work

To get started you will need money and support. Take a realistic look at your finances, since you will be the main investor in your company. Ask for advice from a qualified professional, and keep in mind that the type of business you want to start will determine how much money you will need to get it started.

Creating a support network is essential. You should network locally and nationally, and someday internationally. Give yourself patience and a realistic expectation of growth. Entrepreneurs like paul gravette history will tell you that it takes time, but it is worth it.

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