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3 Ways to Tap Into Your Entrepreneurial Instincts

Faith Stewart
By Faith Stewart
on February 8th, 2013
 

Faith Stewart has a BBA with a major in accounting and spent 10 years working in the various aspects of accounting and finance before pursuing her passion for writing.

Entrepreneurship is often only thought of as the creativity needed to start a business. There is so much more to it than that however.

“Nobody talks about entrepreneurship as survival, but that’s exactly what it is and what nurtures creative thinking”. – Anita Roddick

Boredom is the birthplace of creativity. In the same way, the need to survive is the birthplace of entrepreneurship. The problem is, not all of us tap into it. We’ve found other means of survival so that we can get by without it. It is when those means fail us that our deepest entrepreneurial instincts kick in, and that is when creativity begins to flow. Following are three ways to tap into your own entrepreneurial spirit.

Brainstorm

Take the time to let your brain do it its work. This can be structured, unstructured, or both. Sit with a pen and paper and write down every idea for a business that pops up. Carry pen and paper with you specifically for the purpose of writing down ideas when they pop into your head, and use it. Occasionally, or more often if time is of the essence, scan the list and think of each idea in light of what you know about demand, location, and other necessary factors for starting a business. This can happen all at once in a single brainstorming session if you want to start a business right now, or it can be a process that takes place until you have the right idea to move forward with.

Forget About Money

Don’t forget about it completely of course, but remember there is help out there. You do not have to have to have all the money in the bank to get started. There are tons of loans and grants available to start a business, and sites like Biz2Credit.com do a lot of the work for you by connecting small business borrowers to lenders such as banks, credit unions, and alternative lenders that offer products right for their situation. These many includes small business growth loans, loans for capital, and small business lines of credit. There is no reason to let lack of money squash entrepreneurship.

Find a Mentor

This is a biggie. Find someone that knows what they are talking about and bounce ideas off of them. They will be able to help you determine which products of your brainstorming have real potential, and they can help you determine how best to move forward. If you do not know someone personally, the U.S. Small Business Administration (SBA) has people that can help.

Entrepreneurship is a means of survival. It is the creativity to determine what you want to do and the spirit to do it. Do not let your entrepreneurial spirit lay dormant simply because you are comfortable. You can do better than comfortable, and these tips can help.


Biz2Credit Logo This article was submitted by Faith Stewart. Faith Stewart has a BBA with a major in accounting and spent 10 years working in the various aspects of accounting and finance before pursuing her passion for writing.

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