The beginnings and ends of Entrepreneurship – Part 1

Entrepreneurship starts with a thought. To develop this thought into reality and more importantly cash in hand, a certain mindset must be developed. To mature as an Entrepreneur charisma, innovative thoughts and self-motivation is crucial.  Without these initial personality modifications no beginning would be able to cultivate.

After the first step of mental readiness, a jump from mental to physical elements is needed. As an Entrepreneur we must develop the ideas that will allow this business venture to occur. This edition to the process must be well thought and well prepared. It must have crucial aspects such as:

-          What will be developed

-          Where will this production occur

-          What gives your product an edge over competitors

-          Who will help make corporate and commercial connections needed to strive

-          How to do this as cheaply, easily and as legal as possible.

After these main aspects have been thought of, re-thought and developed to Entrepreneurship standard, then and only then can movements forward be made.

An Entrepreneurship decision is more complicated than most people would first imagine. On paper, it is a list of defined steps that could be completed within a month, but these steps do not entail the hardships that Entrepreneurs go through when competing with large corporations and the highly correlated politicians that continue to tax small to medium businesses larger amounts while leaving large corporate giants with tax cuts and fewer regulations.