Wednesday Roundup: How to Be an Entrepreneur
Entrepreneurship Begins with an Idea
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Many people dream of branching off on their own. They are tired of the daily grind, and they are tired of the idea that they’re getting paid just a fraction of the amount collected for their work. The belief is that they are doing the work now, so why not do it for themselves and collect the entire payment instead of a portion?
I am all for entrepreneurship; it’s a great way to test your skills, grow yourself as a person, a leader, and a worker. But it’s not for everyone. In fact, before you set out on your own, read the book The E Myth Revisited by Michael Gerber. It will save you a lot of heartache down the road.
For those that know they want to be entrepreneurs, here’s your first step. This is how you get started with an idea, and how you can make sure it will work.
But I have No Idea What to Do!
There are two types of entrepreneurs. There are those that are great at their job, and they want to branch off and run their own company. They figure they’re already doing the work, why not do it for themselves. The other type is the entrepreneur that wants to get away from the 9 to 5, but they aren’t sure what they want to do. They don’t have ideas!
Fortunately, this is an easy problem to overcome. On the one hand, you can monetize the skills you already have and start a business that way (tutoring, interior design, yard maintenance, auto mechanic, etc.), or you can start something new and unique. To get there follow the advice of the Wall Street Journal. They asked a bunch of entrepreneurs what to do in order to get started. There is some great advice in there.
But Nobody Would Pay me for That!
One of the best ways to branch out on your own, is to do the stuff that you’re good at anyway. For instance, maybe you have a knack for organization. Your home is perfectly organized, everything categorized, and it’s all easy to use. But you think, “Nobody would pay me to do that for their house!” The reality is that most of us aren’t organized, and we would pay for that.
The problem is that you have a skill that you have learned. Because it comes easy to you, it feels as though everyone else would at least have some of this same skill. The secret to learning how much people will pay, and who will pay, is testing different scripts with different people to find out which one works the best. Scott Sery (fantastic guy) wrote about this a few years ago. Take a look at how to overcome the obstacle that says it won’t work.
9 Ways to Validate Your Startup Idea
The following section was written by Sarah from How to Start a Blog Online:
Even if you have great ideas for a business, a lot of people also share the same thing. This only means that you have to do better. It is not enough to just come up with a brilliant idea and not study its strength relative to your competitors.
Testing how effective your ideas are when compared with the others is one way to validate your startup idea. If you think they are doing way better or they have a more popular idea, it means you need to make some changes to make your idea stand out. Otherwise, your competition will crush you. Make the necessary changes. Tweak parts of your ideas so they will become more appealing. Take note that your initial idea doesn’t necessarily have to be the final idea that you will turn into a reality.
The reason why there is a validation phase is because you need to sharpen these ideas until they become perfect. Even if you have polished them several times, there will still be some loopholes. This is how tough turning startup ideas into a reality are.
Once you have finally validated the ideas, it is time to work on a path to make them come true. Ask for help from friends. Look for a mentor who can guide you. Be open to ideas and take them positively.
The infographic below shows some other ways to validate your startup ideas. Take advantage of these tips so you will do better than your competitors. It is a tough world, but you can come out stronger in the end.
How Sery Content Development Began
Once again you have wasted a perfectly good 22 minutes reading this week’s Wednesday Roundup. But perhaps you have gathered enough information to start your journey toward entrepreneurship.
It’s going to be a leap of faith, but the more preparation you can do beforehand, the smoother it will go. Here at Sery Content Development, I began as a content writer and freelanced for a few blogs. That progressed into SEO and managing the sites (while doing content marketing). Eventually we added social media marketing as a way to help promote the client and get them in front of many thousands of people every week. It was bumpy, it wasn’t always easy, but we made it work.
Now if we had read this blog before starting things would have gone much smoother.