I encourage you to become an Accidental Entrepreneur Marshall Brain.

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Presentation transcript:

I encourage you to become an Accidental Entrepreneur Marshall Brain

In this short talk, my goal is to encourage you to start your own business However, I have learned that, as soon as I say it Many People Panic

1 "I don't know How to start a business" "It is too Hard"

2 " I don't have enough money to start a business"

3 "I will Fail if I start a business" and its close friend "what if I make a Mistake? " You can break through these objections

Every year in the United States more than $10 Trillion changes hands

There are so many good reasons to try to Start a business

1 It is: Fun Exciting Challenging

2 You get to meet lots of people

3 It is a constant learning process

4 You can make a lot of money

Look at companies with simple ideas NetFlix - $1.4B Amazon - $24B eBay - $20B Papa Johns - $645M How much Money?

Become an "Accidental Entrepreneur" one Option

How do you get started?

Come up with an idea Manifest the idea in some form Find out if anyone cares Tweak it or Grow it

How do you get started? Come up with an idea What kind of business will I start? 1) Copy an existing idea 2) Solve a simple problem 3) Look for a breakthrough

How do you get started? Come up with an idea Manifest the idea in some form Find out if anyone cares Tweak it or Grow it There is no way to know if anyone cares unless you put it out in the marketplace

Three helpful quotes Eighty percent of success is showing up. ~woody allen Failure consists of going from failure to failure without a loss of enthusiasm ~ winston churchill Those who succeed at anything and don't mention luck are kidding themselves ~larry king

It helps to talk to People

What should you do to Get Yourself Moving?

1 Read Rich Dad Poor Dad The Automatic Millionaire The One Minute Millionaire How to be a Billionaire

2 Look Look at every business you see Understand the business model Categorize the businesses Think about changes/improvements

3 Talk Talk to other business owners Talk to other entrepreneurs Talk to rich people Talk to potential partners Talk to potential customers Talk to potential suppliers

4 Question Everything and anything If you wanted to manufacture a product, what would it take? If you wanted to open a store, what would it take? If you wanted to advertise, what would it cost?

5 Sketch Get out a spreadsheet Plug in some numbers See what you get Change it

Resources to Learn More