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Entrepreneurship from idea to reality

Entrepreneurship from idea to reality is more than just dreaming to be successful, requires commitment and constancy.

Having an idea is easy, but how to make it a reality is the hard part. Many people think that a good idea is enough, until when it comes to the hard work to build it. 

Read on to find out why some good ideas never see the light of day, or what to do if things don’t go as expected

Entrepreneurship from idea to reality
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Table of Contents

Why do so many people have ideas, but few make them a reality?

Having ideas is something natural to human beings, even those minds, which in themselves should be recognized as brilliant, who are not interested in what is entrepreneurship, come to mind solutions as valid as any other.

The reason why an idea does not become a reality starts from the lack of ingenuity, this means that we know what we want to do, but we do not have a clear way to do it. And, when there is no sure way to follow then we give up.

This is something that can also go hand in hand with the lack of motivation, and we know that the art of entrepreneurship is not at all simple and one of the traits that every entrepreneur must have is to be passionate about their projects.

With these two points we have mentioned so far, we can already draw a conclusion, where we note that when a person has an idea, but does not have the ingenuity to make it happen, and lacks motivation, tends to leave it aside.

Motivation is key when it comes to entrepreneurship. Because many times, although you have launched your project, there are still many circumstances that could stop it or make you go backwards, but you can not let them sink you and you must stay motivated to move forward.

That you do not have the means, that you do not have the knowledge, that you do not have the support, all of the above are excuses of a person who has neither the wit nor the motivation to make what is in his mind become a reality.

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What do I need to advance in my entrepreneurial project?

If you are not clear about what it takes to be an entrepreneur you should know that there are at least six basic capabilities that can be said to be the start of everything, and if any of them fail on the way to achieving the goal then everything can falter.

These are the following:

  • General Knowledge. You are expected to have at least basic knowledge of the area in which you want to advance, regardless of whether you are talking about conceptual or technical skills. For example, before opening a workshop, it would be best to learn about mechanics.
  • Motivation and self-motivation. In this case we can talk about intrinsic motivation, which is the motivation that the entrepreneur gives himself in the form of "Yes, I am going to make it", and extrinsic motivation that corresponds to the support of all the people around him, which is the typical "go for it, you can do it".
  • Assuming risks. This is one of the fundamental aspects necessary for entrepreneurship, since every venture involves risk. However, it is also important to emphasize that nowadays there are tools that can help minimize the level of risk as much as possible.
  • Proactivity. A good entrepreneur is one who is able to anticipate problems and seek answers to questions that have not yet been generated by others so as not to be caught off guard. It is necessary to maintain a clear vision of the world and to stay positioned in the role of the business.
  • Creativity. Entrepreneurs always depend on their creativity, this will be what will lead them to innovation regardless of whether they are talking about creating a new product, a new way of manufacturing or presenting something that already exists. The more creative you are, the more likely you are to attract consumers.
  • Persistence. This point talks about applying fundamental values for the entrepreneur, such as commitment, persistence, patience and tolerance. Many emphasize that the key to success lies in persistence and patience as a personal commitment.

What happens if my entrepreneurial project does not work?

In case you feel that things are not going as expected there are always a couple of things to do when an entrepreneurial process does not work, and they are the following:

Identify the problem

It seems logical, but sometimes it must be emphasized that we can’t fix a fault we don’t know about. It is easy not to really stop and ask yourself what is going on, the root of the problem.

Once you’ve been able to figure out what the source of everything has really been, then you can sit down and think about real strategies that can help you get out of the rut.

Keep an eye on the competition

In some cases it is not that a project does not work, but that you are in the planting stage and the time for harvesting has not yet come. Of all the stages of business, this is undoubtedly one of the hardest.

In these cases, impatience can cause decisions to be made that affect the entrepreneurial project. Although it is always a good idea to follow your intuition, sometimes you have to stick to your plan until you see the results.

Don't compare yourself

When things go wrong it is very easy to start comparing ourselves with others and this will only lead us to feel worse, it is said that comparisons are odious. Analyzing the competition strategically is fine, comparing yourself to sink you is not.

These are not times for comparisons, but to think of strategies to focus on what really serves your business regardless of what others are doing.

Stay focused on what is important

The last thing to do if your venture is going badly is to focus on what can make your business work. This is not the time to do random things, or act out of desperation.

You need to think about what is needed at that moment and get down to work.

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