[akula]

yes, that's exactly it

I want standards, universally recognized degrees and the GMAT equivalent in entrepreneurship

"entrepreneur" should not be interpreted as "unemployed bum" by corporate America

entrepreneurship is a collection of universal, specific and distinct skills that need to be recognized as such

as far as creativity goes, just look at the most creative space of all - art schools have standardised methods for teaching everything from sculpture, to dance, to painting to interior design - and we're all the better for it

strandards produce better artists in the same way that standards will produce better entrepreneurs

[DrMoney]

maybe....for example.... I am making a advertising plan for a company in my home town.


Now normally I would have to go to the business and try to get some kind of job, but I am going to go their with the portfolio, looking m best and try to pitch to him letting me be his advertising consultant.

So thats just and example.

But I don't think being an entrepreneur is about following the rules of creating something. Innovation, creativity, and the mindset of success is all one needs in my opinion, and a good work ethic. I think that if we had to follow something that should be the rubric.

[jboydni]

Alright, if you want to turn Entrepreneurs into MBA students thats up to you but my opinion of what an entrepreneur is seems to the opposite of what your opinion is and again thats up to you.

I live in the UK so I don't know how things would be in America but here Entrepreneurs get quite high status and arent considered unemployed bums.

[jboydni]

Originally Posted by DrMoney

But I don't think being an entrepreneur is about following the rules of creating something. Innovation, creativity, and the mindset of success is all one needs in my opinion, and a good work ethic. I think that if we had to follow something that should be the rubric.

Yeah, I agree with you.

[zoobie]

Good luck! Eventually, you'll find ways to your concern. Since you are determined to put up your business and you have the idea, you have to keep going.

[jboydni]

lol yeah sorry we hijacked your thread, regardless of whos advice you take there is one important factor that you have to consider and that is determination, like zoobie said you have to stick at it. Good luck.

[danbu1]

Guys, guys, guys, let me tell you all the true reallity of entrepreneurship as I know it. For the last 20 years, I have started and failed with many businesseses. Some with money and some without money. I now own a 1.5M medical supply company that I started 10 years ago with $10,000(There were more investments after I realized it was viable ofcourse). This is what I have learned.

Money does help, that is for sure. But not knowing how to manage money is just as bad as not having money. If you do not have money, then your buisiness will take a lot longer to realize. With money and knowledge, you can shave off you business breakeven point by half the time. So to answer this thread, you can start off without money(generally speaking), but do not expect success overnight but expect twice as long as if you had money. This if if you have an idea and execute it right. Having said this, your biggest investment is time. Are you ready for it? You can not give up with the first sign of rejection. Instead you revise your plan and move forward. Do this again and again.

When I look back at my earlier ideas, I was doomed before I even got started. Back then I was excited and would have dumped money into them if I had it, thank God I did not. As entrepereneurs, we often dream big therefore execute big which I think is a mistake. The old saying of walk before you can run is so true as you all will learn. So instead, you need to plan big but execute in small steps. Example would be: 1st have a prototype of some sort. Study the market and how they preceive your product. Then refine the prototype. Do that over and over again until you feel comfortable with what you have. Then, seek investors/partners to do it properly. This way your risks are taken is smaller chuncks. Face it, you do not have anything proven so you must prove your idea first.

My two cents.