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Young: Finding entrepreneurial inventors in our midst

Opportunities abound91裸聊视频攜ou just have to look for them.

Joel YoungI know what you are thinking91裸聊视频攜ou still relate the word and the meaning of 91裸聊视频渆ntrepreneur91裸聊视频 to be pure business venturing.

But, this week, I want to recognize and embrace the reality that entrepreneurial creation, in its purest form, relates in large measure to the elements of innovation and creativity via inventive development.

Yes, inventors continue to be very relevant in our global world and definitely within the entrepreneurial world.

So, I want to focus on an important aspect of 91裸聊视频渆ntrepreneurial invention91裸聊视频, that being the entrepreneurial opportunity.

An all too common question I get from would-be inventors, creators and entrepreneurs is 91裸聊视频渉ow do I find real problems to solve?91裸聊视频

There are, I91裸聊视频檝e discovered in my six years of living in this region, an incredible number of exceptionally-talented individuals who are on track to seek their entrepreneurial opportunity niche.

By the same token, books have been written, scholars lecture and much discussion and debate conjures up the issue how to find the opportunities that can be converted into genuine realistic and realizable ventures for you.

OK, so let91裸聊视频檚 begin with another reality check91裸聊视频攖here is no easy journey to entrepreneurial success . Any potential successful venture for any of us requires hard work, commitment, dedication and, yes, patience.

You should read Peter Drucker91裸聊视频檚 Innovation and Entrepreneurship.

Drucker is the so-called 91裸聊视频渇ather of management91裸聊视频 and to some degree, entrepreneurship theory.

His book, around since the 1980s, is a classic exploration presenting the how-to approach for finding opportunities.

It even includes strategies for guiding your path of discovery.

Another critically important milestone on your opportunity discovery journey is to recognize that all ventures begin with the customer.

True entrepreneurship is the ability to find and solve a problem or void in the marketplace that will solve a want or a need.

If you can91裸聊视频檛 find someone to pay you to do what you want to do for them don91裸聊视频檛 give up until you91裸聊视频檝e researched and analyzed your idea thoroughly and exhausted all possibilities.

Then, perhaps, your next best approach might be find that certain someone with the need91裸聊视频攐r a very strong interest in91裸聊视频 something you develop on your own to address that want or need, and sell it to them.

The key to this approach is qualifying the need to the market.

The better you can qualify the need, the more likely you won91裸聊视频檛 be wasting your time.

Go talk to potential customers.

Ask them, if I had something that would satisfy your want and need, would you be interested? How interested? At what price?

What you91裸聊视频檙e looking for is interest. If you get it, then give the solution you have found, some serious attention.

So, let91裸聊视频檚 tackle some objectives that would-be entrepreneurs cite when pursuing this methodology.

91裸聊视频淚f I give them my idea, they91裸聊视频檒l just go and develop it themselves91裸聊视频 Why would they spend their time and resources when they have a motivated and dedicated person champing at the bit to make it happen?

91裸聊视频淚 don91裸聊视频檛 have the time to get out and talk to prospects.91裸聊视频 If you convince yourself you don91裸聊视频檛, then give it up now because you are swimming upstream against the current.

91裸聊视频淚 don91裸聊视频檛 feel ethical trying to market something before I91裸聊视频檝e got it aced. What if I can91裸聊视频檛 deliver? 91裸聊视频 There is nothing unethical about going out in the world to find a potentially needed and profitable venture to present. It91裸聊视频檚 not uncommon for entrepreneurial dreamers to take some cash upfront before they actually solve the market problem.  Don91裸聊视频檛 feel guilty about it.

91裸聊视频淚 like spending time in the lab. I don91裸聊视频檛 like making cold calls.91裸聊视频 Either learn to like it,or find a partner who does because that is the essence of entrepreneurial venturing. Commercially speaking, nothing counts until it sells. And, ignoring that fact is a road to failure. Don91裸聊视频檛 underestimate the value and need for partnering in your venture. Also, surprisingly effective preparation sometimes turns up other unanticipated genuine opportunities.

The other part of preparing for achieving your entrepreneurial opportunity is adequately preparing yourself.

Force open your eyes, set some goals and importantly, build a productive mindset. You91裸聊视频檒l need it.

Erase 91裸聊视频渟hould91裸聊视频 and 91裸聊视频渃ould91裸聊视频 from your vocabulary and your thinking. And, don91裸聊视频檛 get trapped in your own notions.

A good deal of your knowledge may constitute solutions to yesterday91裸聊视频檚 problems.

It may or may not apply to today.

Some of the best opportunities lie among 91裸聊视频渢ruths91裸聊视频 that no longer apply.

The final part of preparing for opportunities is to quit preparing and act.

Find out what works and doesn91裸聊视频檛 work for you.

The more time you spend in entrepreneurial activities and exploration, the better you91裸聊视频檒l get at it which will increase the odds of success in your favour.

Don91裸聊视频檛 be afraid to take risks. And, don91裸聊视频檛 be afraid to fail.

You will learn more from your mistakes and failures, no matter how big or small.

Go with what works and discard what doesn91裸聊视频檛.

The old Gestalt saying, 91裸聊视频渄on91裸聊视频檛 push the river, it flows by itself91裸聊视频 applies well to entrepreneurial invention.

There are no lack of ideas and opportunities today. Arguably, there are more genuine opportunities in our world today than ever in our history.

Entrepreneurial invention and opportunities arise from both social and technological change.

If you91裸聊视频檙e running around frustrated by what you feel is a lack of ideas and potential opportunities, maybe you91裸聊视频檙e doing it to yourself.

It91裸聊视频檚 definitely not being done to you.

The opportunities are there whatever level you91裸聊视频檙e aiming for.

So, prepare, look, act and prosper.





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