Each of these sectors is ripe with entrepreneurial opportunities.  So, what does it take to be a successful entrepreneur?

The first ingredient is an Idea.  What is needed, wanted, asking to be created for your target audience?  Perhaps you have an idea that you’ve been playing with for a long time.  Now’s the time to do some research, see who else is doing it; benchmark similar models.  Look for what’s working, whwere is the existing service or product falling short.  From this exploration you can determine what is your unique value proposition.

A great idea whose value can be clearly articulated and palpated by your prospective customer base is essential to a foundation for success.  And there’s lots more.  Stay tuned for the next installment of What Entrepreneurs Need.

Meanwhile, do a brainstorming session on ideas that could be turned into a business.  Let your imagination flow.  Better yet, invite a few friends or colleagues over. Relax, have a drink or two and brainstorm together.   Creativity flows when we’re relaxed and at ease.