Three Key Ways to Go From “Wantrepreneur” to Entrepreneur


For years, you have dreamed about starting your own company. You know what you want to sell, you have come up with a rough business plan in your mind, and you have told anyone who will listen about your business-related goals.

Now, you are ready — really ready this time — to take the plunge and launch your startup. In other words, you are finally going to make the transition from being a “wantrepreneur” to an entrepreneur. In order to do this as seamlessly and successfully as possible, consider the following words of advice:

Change Your Mindset

Until you can firmly believe that all of those conversations you had with your friends, family and self are true and possible, you will likely stay stuck in wantrepreneur land. The first step to entrepreneurship starts in your mind. Unless you actually believe you can run a company and envision yourself doing so, it will be difficult to make it so. Envision yourself holding a grand opening for your business and stop using words like “someday” in regards to your startup. Tell yourself you have what it takes to do this, and then take actionable steps to make it happen.

Get Your Plan Out of Your Head and Onto Paper

While you have planned your business over and over again in your mind, it is now time to sit down and write everything out on paper. You don’t need to come up with a 25-page highly detailed plan, but write down your goals, your products and services and your thoughts and ideas on how you are going to accomplish everything. Committing to a business plan on paper will prove to yourself that you are serious in moving forward with your company.

Keep it Simple at First

As you move from wantrepreneur to entrepreneur, keep things as simple as possible — at least at first. You will be so busy focusing on developing your product, hiring staff, securing a place to work and the dozens of other details that go into opening a startup, that it is best to use more efficient and elegant tools for other tasks. For example, look into the logo maker app from FlashMarks; they offer a user-friendly design guide that was created with entrepreneurs like you in mind. FlashMarks can teach you in simple and intuitive steps how to make your mark with something that is useful and effective in the digital world and helps you to stand out online.

You’ve Got This!

You have talked about opening your own company for long enough. It is time to toss out any excuses you might have about not having the time or money to launch your startup and change your mental mindset to one of a business owner. Get that business plan on paper, focus on simple yet effective tools that will make a difference and before you know it, you’ll be hanging your shingle and celebrating your grand opening.

About Mohit Tater

Mohit is the co-founder and editor of Entrepreneurship Life, a place where entrepreneurs, start-ups, and business owners can find wide ranging information, advice, resources, and tools for starting, running, and growing their businesses.

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