What does it take to make it as an entrepreneur? What are some of the biggest opportunities and what are the most common mistakes? GoToMeeting in Canada spoke to +Rick Spence, a National Post columnist and entrepreneurship expert to find out. http://sqz.co/Nn6f4FH
There’s a lot of opportunity out there for people who want to start a new business. In fact, according to Spence, there’s never a “bad time” to start something new. “The outlook is always favourable for entrepreneurs,” Spence says. “They see new connections that become opportunities.”
But just in case you take that declaration to mean that you should get started on that idea of yours, consider this: Spence warns that being an entrepreneur means being “prepared to work harder than ever before. You have to think about business 7 days a week.”
He also shared some valuable advice that those looking to start their own business should keep in mind:
- Stay innovative; stay curious. Ask, why are things done this way? What other solutions would work better?
- Find like-minded people to brainstorm with. What’s not working? How could we do it better?
- Always look for fast, easy, cheap ways to test your ideas, theories and solutions. Test, test, test.
- If you're a business owner, encourage staff innovation. Reward ideas. Give people resources to test theories.
- As Silicon Valley guru Steve Blank says, startups aren’t businesses — they're research labs testing new ideas.
Want to learn more about entrepreneurship and startups? Visit The Innovator's Guide to the Future of Work: http://sqz.co/g7QHc6d#Entrepreneur #SMB #Growth #Startup