What do you do if you're unsure about starting a business as an entrepreneur?

Here's a roadmap to decide: 1. Self-Check: - Passion & Skills: for your idea? to make it happen (or learn)? - Risk Tolerance: Can you handle the rollercoaster ride? 2. Do Your Homework: - Market Validation: Is there a problem your business solves? Research & know your competition. - Business Plan: Map your goals, strategies, and finances. 3. Test Drive Your Dream: - Start Small: Can you validate your concept with a side hustle or minimum viable product (MVP)? - Find a Mentor: Learn from those who've walked the path. Ask questions ? Fear is normal. Everyone feels it! Don't let it stop you.

As some one who has done this twice and works with career professhionals every day I have learnt that these key prinicipals matter: Validate you idea with research and real feedback. Know you numbers - how long will it take to hit the revenue you need to be successfull. Be aligned with you values and purpose - If you do soem thing just for hte money it easy to quite when its hard, but if you are building something that is aligned ot your values and purpose it will be easier to stay on track through the tough times and ultimately feel so much more fulfilling. Lastly, start small, think big and scale fast.????

Assessing Readiness before going on a business venture is a must. Know whether you are the entrepreneurial type or not. Ask yourself hard questions like, Am I ready for rigours of starting a business? Am I willing to work longer hours? Am I willing to use personal funds to grow my business? If anyone will make tremendous progress starting a business, these hard questions must have honest answers.

Feeling iffy about starting your own business? First, take a breath. Reflect on what truly fires you up. Then, dive into research, explore your passions, and get advice from those who've been there. Start small, test the waters. Understand there'll be risks and challenges, but that's part of the game. Surround yourself with a solid crew who's got your back. And most importantly, trust your gut. When it feels right, go all in.

Take time to conduct thorough research on the market, potential customers, and competitors. Seek advice from experienced entrepreneurs, mentors, and industry experts. Develop a detailed business plan outlining goals, strategies, and potential challenges. Consider starting small or testing the idea through a pilot project before committing fully.

In addition to basic market research, consider leveraging social media and online forums to gain insights directly from potential customers. Engaging with your target audience through surveys or informal conversations can provide valuable feedback on their preferences and pain points. Also, keep an eye on industry trends and emerging technologies that could impact your business model. Attending industry conferences and networking events can further deepen your understanding of the market dynamics and offer opportunities for collaboration. Remember, the goal of market research is not just to validate your business idea but also to inform your strategy for engaging customers and competing effectively.

Last month I was approached by a young MBA (+2 years exp) planning to start his business & was ready to put in funds from his savings & his friend's savings. He consulted me over all with his queries. When I asked him mutiple questions about logistics and operations, he was not sure about it & I gave him insights on what he should think and prepare before taking the leap. Suggestion here is, Business plan with end-to-end planning (theoretical) will always be helpful & consulting people whom you trust is always a good idea & let them figure out flaws in your business plan so that you can plug the leak before it actually leaks. As they say, sweat more on ground, rather than bleeding in war! Spending money wisely while bootstrapping is key!

Comecei no empreendedorismo de forma pequena, adquirindo conhecimento e observando o mercado. Usando os recursos que já tinha, ferramentas gratuitas, escritório em casa. Com planejamento e uma estrutura enxuta, é possível iniciar. E ir avan?ando respeitando cada etapa do processo de crescimento!

Seeking advice for entrepreneurship is like planning a mountain expedition. You wouldn't just set off without consulting seasoned climbers (experienced entrepreneurs), right? Mentors and advisors are your Sherpas, guiding you through the challenges (terrain) and sharing their wisdom (survival tips). Their insights can help you avoid avalanches (common pitfalls) and reach the summit (successful business) of your dreams. Bonus "Ado" Tip: Don't be afraid to ask multiple Sherpas (mentors)! Each one brings a unique perspective (climbing route).