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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 04-28-2008, 09:52 PM   #16 (permalink)
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Originally Posted by Squandered Halfpints View Post
I don't understand what you mean by a solution in search of a problem. And it being a trend that ignores all current advertising strategies is what makes it a business venture worth pursuing -minimal competition.

There would be almost no startup cost, and its success would rely solely on salesmanship. If its success is only mild, at the least, it would be an awesome resume builder for a young person like myself.
sure...

great businesses are built around a compelling problem definition. your opportunity does not have a problem definition, and therefore you don't have an opportunity. on the contrary, you are solution looking for a problem, and that's not a good thing.

in terms of ignoring trends, you'll also find that venture success is dependent on aligning your company to capitalize on emerging industry trends. if what you're doing not fit with a trend, you will find your self experiencing failure.

change your opportunity selection and redefine the problem that you want your venture to be solving.

Last edited by akula : 05-01-2008 at 06:42 AM.
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