Entrepreneurship, Pt. 4

In the lecture I listened to today, "Building a Business From Start to Finish", speaker Wade Myers talked about how to create a business of your own. He said that, beginning with the criteria you determine, you begin to generate ideas. Then you carefully evaluate these ideas, choosing which would best suit you and best serve the customer. Then you either build or purchase the appropriate type of business, growing it, eventually to the point where it can be sold or kept as the situation dictates. He suggested that an entrepreneur should try to build instead of buying a business, picking a type of business where the competition is backwards or poorly running. These are only a few of the ideas he offered.

Here is a link to Vision Forum's site, which sells the "Entrepreneurial Bootcamp" the series I am listening to. You can purchase it here