Entrepreneurship 101

October 11, 2010 at 4:32 am Leave a comment

To be financially and socially successful in this world, you need to things:

1 – Something that nobody else has; and

2 – Something other people want.

If you have only of the two ingredients, you’re not going to make it. Nobody wants something that’s already available everywhere. Then it’s just a commodity and there’s no money in commodities. They’re boring.

And if you have something that nobody else has but nobody wants, well, what’s the point?

So. What do you have that only you have and that a whole lot of other people want? If you don’t have the answer to that, you ‘re not ready to start your own business.

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Entry filed under: Business. Tags: , , .

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