What is Entrepreneurship?
Some people are full of great ideas. They can visualize a new business, product, or service and then find ways to implement their ideas and turn them into profitable businesses. These people are called entrepreneurs.
Entrepreneurs can spot needs in an industry and can come up with innovative and new ways to fill those needs. They typically do so by creating a new business, but they can also take an established businesses that is in that niche and tweak it to fit the need. Once the business is launched and the need is met, an entrepreneur is usually ready to move on to the next project. Most entrepreneurs are not interested in running a business that is past its infancy. They enjoy the building of the business and, once that is complete, they lose interest and are ready to move on. If this sounds like you, then below is some advice on how to become an entrepreneur in Connecticut. Even though finance and real estate are the largest industries in the state, entrepreneurs can and do successfully operate in every industry. All industries need idea people and those who know how to take an idea and turn it into a profitable business. Entrepreneurs fill that need.
Entrepreneurs love starting new businesses. They enjoy taking an idea and fostering it until it becomes a successful venture. They want to have a hand in the entire planning and implementation process, from writing the business plan to designing the logo and putting together the marketing plan. If there are goods involved, entrepreneurs want to be in on all the meetings about how and where the product will be made, choosing the right company to produce the products if it’s not being done in-house, and determining the best distribution methods. Anything that has to do with launching a business and getting it through the first one to three years is of great interest to an entrepreneur. But once the business is established, entrepreneurs often lose interest and are ready to move on to their next idea. That’s the nature of an entrepreneur; they love building businesses but prefer to leave the daily operations of an established business to someone else.