Being an Entrepreneur goes beyond specific job titles, career paths, and industries. Entrepreneurs create products, services, companies, and even industries. Some work for themselves, or in a family business. Others work within traditional companies.
Entrepreneurs typically pursue one of the following career paths:
- New Venture Creation: Launching a company, buying a business or franchise, starting a new venture in a family enterprise, or commercializing a technology.
- Careers In Existing Entrepreneurial Ventures: Working for a startup, small business, corporate entrepreneur, strategic entrepreneurial unit, or other area, such as education, research, public policy, and accelerators.
Before you dive in, be certain it’s what you want to do. Creating a company is very different from working a 9-to-5 job. If you’re motivated and inspired to start, don’t doubt yourself, but if you’re not positive how you feel, don’t jump in too quickly. True entrepreneurship is a full-time, 24/7 job.
Ask yourself the following questions to see if you have what it takes to succeed:
- Am I passionate for the product, service, and industry?
- Do I have any real-world experience?
- Have I thoroughly tested the idea?
- Do I have the money to start and build the business?
- Do I have a strong support system?
- Am I dedicated and willing to put in the hard work to succeed?