We all have a picture in our minds of an “entrepreneur”
Succeeding as an entrepreneur takes hard work and persistence. Passion, perseverance and a positive attitude tend to set successful entrepreneurs apart. An entrepreneur is an initiator, a challenger and a driver. Someone that creates something new, either an initiative, a business or a company.
A startup begins with a great idea, but all too often, that’s where it ends. Ideas have to be implemented well to get the desired results. Good implementation requires a plan, and a good plan and good operational decisions come from good people. That’s why investors invest in entrepreneurs, rather than ideas.
Startup Services we offer
So, to become an entrepreneur to start a startup you need to ask yourself if you have all 4 S's
Have I identified a solution to a problem or pain of your customers?
Will my solution improve the lives of consumers?
Can I produce and deliver the product or service that I have developed?
How will I land my first customer?
How will I scale up the business in size?
How you I exit the company and gain a profit?
Do I have the courage to start?
A lot of would-be startup founders think the key to the whole process is the initial idea, and from that point all you have to do is execute.
Venture capitalists know better. If you go to VC firms with a brilliant idea that you’ll tell them about if they sign a nondisclosure agreement, most will tell you to get lost. That shows how much a mere idea is worth.So, what matters is not ideas, but the people who have them. Good people can fix bad ideas, but good ideas can’t save bad people. There are three things to create a successful startup:
- To start with good people
- To make something customers actually want
- To spend as little money as possible
A startup that does all three will probably succeed.
Ideally you want between two to four founders. It would be hard to start with just one. One person would find the moral weight of starting a company hard to bear. In a technology startup, which most startups are, the founders should include technical people. Business people are bad at deciding what to do with technology, because they don’t know what the options are, or which kinds of problems are hard and which are easy.
Now, Do the founders of a startup have to include business people? That depends. But, there is one reason you might want to include business people in a startup, though: because you have to have at least one person willing and able to focus on what customers want.
Are you ready for a new startup?
Once you feel you are ready for the new start up, you may be eager to jump right in and start making your first sales. But, you might not know where to start from and how to protect your idea and just at this point Prometheus IP can help you with by providing Long-term support that helps you plan, launch and develop your business. Our advisers can provide feedback on your business plans and ideas, and introduce you to additional services and ways of accessing finance.
Prometheus IP provides various services for a start up so, you can concentrate on your core business instead of investing your valuable initial time on paper works. We offer services required to support a business right from the incorporation stages to ongoing compliance requirements.
Prometheus IP provides just about any possible information and service that a startup entrepreneur require including information on upcoming fairs and events, and information on how to find customers. The range of resources we provide helps the entrepreneur organize and manage finances, human resources, marketing and taxation.