3 Steps to Transform Your Idea Into Entrepreneurship

Many people dream of starting their own businesses. They may have great talents and ambitions, and it is a natural human tendency to find its best outlet. If a person must leave their skills and abilities on the shelf, they often experience a feeling of wasting their time.

For those driven to run their own show and willing to take on the risks associated with owning a business, Entrepreneur Magazine outlines three practical steps toward transforming a golden idea into a profitable business, Your text to link….

Identify your skills

In entrepreneurship, profit comes from skills. The important first step is identifying those skills. Making a list helps crystallize these skills in the mind’s eye, and it also helps generate thoughts about skills that may have lain dormant for years.

Whatever the business idea, be it for a new app or a clothing line, it must be something that the entrepreneur relates to and understands. The best business models are built on inherent skills. A talented artist who loves to paint, visit art galleries, and has a penchant for art museums possesses intrinsic skills related to the art industry. The questions becomes how to transfer those skills into a new business.

.

.

To continue reading, please visit marymickel.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s