What are the Start-up Steps to take to actually get into the entrepreneur path? These are the most hard one. They are not straight forward and require deep inner self-awareness and ability to change.
Mindset
Getting into business means – you want to test your idea and succeed, or – to fail and move as fast as passable. You’ll be required to have willingness to change and adapt. It’s close to 100% the chance – the first iteration (s) to not work or to be not-well received by the market.
MONETIZE
This is a upper-case bold one. If you don’t plan to monetise, you have planned to fail from the start.
There are business cases where – the product that is monetised is the USER Table in the Database and the actual product is free. One such example is Facebook and alike. If you don’t have that long-term balls, you could plan for exit strategy.
Create What?!
No matter on what lane your are, today – there are different ways to package your work.
- There are physical (real) products
- There are informational packages that are mostly one-time effort to create
- Another approach is to do absolutely whatever and monetise on advertisement
You could focus on:
- Problem to many people.
- Problem to specific (niche) people
- Or you could focus on entertainment or art, where there is no problem in itself, but a creation of emotions.
Soft skills
If you or some partner does not have negotiations skills, it’s a failure before the start. This is a must to archive business. Here are some examples:
Mark Zuckerberg may have came from a development environment, but he met people to fill this lack of his skills. He initially got business partner. Then he got another guy to meet him with the bigger fishes.
Steve Jobs may have not been hardcore nerd, but had a vision and passion, that attracted his technical lack of skills – first with Steve Wozniak and after that, full teams at the end – whole departments.
Tech skills
Having the skills to implement is the second half of the equation. Too many people are in professions that sell fairytale dreams with nothing that actually changes the situations. Having technology or domain skills and knowledge will make you detect demagogs. But, only with technology – you will not success either. Few people in the world have both soft and hard skills. All other must partner.