How to Become an Entrepreneur Make something better (or cheaper) than what's out there

Thema: Enterprueners
Plan
1 How to Become an Entrepreneur
2 Make something better (or cheaper) than what's out there.
3 Start with a minimum viable product (MVP).
But as awesome as running your own business sounds, it's also incredibly difficult.
How difficult? 90% of startups fail.
Entrepreneurs are also more anxious than other people and experience more day-to-day stress. After all, when you're responsible for the bottom line, every setback falls on you personally.
Here's the good news: Starting a company can be one of the most rewarding, exhilarating, and interesting opportunities you'll ever get. If you're aware of the risks and you're still dead-set on being an entrepreneur, use the strategies and advice in this guide.
How to Become an Entrepreneur

1. 
   Identify profitable startup ideas.
   
2. 
   Identify and focus on a growing category (or categories).
   
3. 
   Fill an underserved demand.
   
4. 
   Make something better (or cheaper) than what's out there.
   
5. 
   Validate your startup idea with buyer persona research.
   
6. 
   Start with a minimum viable product (MVP).
   
7. 
   Create a business plan.
   
8. 
   Continue to iterate based on feedback.
   
9. 
   Find a co-founder.
   

1. Identify profitable startup ideas.
A successful startup begins with an idea. You can't build a business without one. Here are some creative techniques for thinking of a product or service:
Ask your friends what frustrates them.
What makes a product or service profitable? It provides a solution for a problem or frustration that people are willing to pay to have alleviated.
With that in mind, start by asking your friends what frustrates them.
Founders get inspiration from their frustrations all the time. For instance:

• 
  Travis Kalanick and Garret Camp started Uber after they had trouble getting a cab.
  
• 
  Andrew Kortina and Iqram Magdon-Ismail founded Venmo (acquired by PayPal) after they had trouble paying each other back by check.
  
• 
  Chris Riccobono launched UNTUCKit— a line of shirts that look good untucked — after getting frustrated with how wrinkly and ill-fitting his regular button-down shirts were when he didn't tuck them in.
  

As you brainstorm, ask your friends to keep track of the day-to-day things that annoy them. Then go through their lists and look for problems you might be able to solve.
Get inspired by other emerging startups.
Checking out what other people have come up with can be a great way to kick your own thought process into gear. Go to Product Hunt, a constantly updated curation of the newest apps, websites, and games, for digital inspiration. Meanwhile, Kickstarter is great for physical products.
There are also a ton of product review sites like might spark your creativity. Try Uncrate, Werd, and Wirecutter.
Identify trends to future-proof your idea.
As the world changes, people need different products. As an example, the rise of Uber, Lyft, and other ride-sharing apps created a demand for a third-party app that will tell you the cheapest fares at that exact moment.
You want to get ahead of the curve. Read trend predictions for your industry or market, or check out universal trend forecasting publications like Trend Hunter and Springwise. Then ask yourself, "If these predictions come true, which tools will be necessary?"