Page 5 - The Notice Board NOVEMBER 2020 edition 64

November, 2020 Page 5
What is Something What are the best resources that can
that almost nobody
knows about
ENTREPRENEURSHIP? help entrepreneurs turn their ideas into reality?

Continued from pg 4 t is difficult to classify the
entrepreneur. False. An MBA
“best resources” that can
is a “Master of Business
Ihelp entrepreneurs because
Administration.” Let me
there are so many different
t r a n s l a t e w h a t
types of entrepreneurs and
“Administration” means:
different types of business.
Administration is running a However, a few helpful
business, NOT starting one.
resources to consider are: a
· Do you see anyone checklist of questions to
“cooking” here? determine the viability of your for coffee and offer advice if

idea, a mentor with experience you reach out to them. It's
impossible to do and know
everything yourself as an
entrepreneur, which is why it's
good to surround yourself with
mentors who can offer
guidance.
Lastly, some entrepreneurs in
fast-growing or emerging
A chef is not a chef until industries may find that they
he/she cooks something. An need outside capital in order to
entrepreneur is not an launch and scale their visions,
entrepreneur until he in the industry you're looking to so as you're considering
enter, and the potential
delivers value. Get out of the creating a new product, think
investment pool for your
classroom and start cooking! company. about what the potential
H. Quintanilla investment pool is in your area.
For example, one question I
s u g g e s t e v e r y o n e a s k
themselves is “Am I tackling a
problem that people think is
important enough to pay money
to solve?” Having a checklist of
similar points can help you
Do you want to honestly and accurately assess

the viability of your business Are there local venture capital
be noticed? We before you dive in too deeply. groups that might be interested?

Would a “family and friends”
can help you. In terms of mentors, a local fundraising round be feasible

Please call us if e n t r e p r e n e u r s u p p o r t for you? Money is often one of
organization is a great place to the most critical components of
you want your start, but if you live in an area launching a new business or
without one, the next best thing idea, so it's good to think about

business featured is to examine your professional the resources available at an
network. You may be surprised early stage.
here. to see how many people are in Jane Allen
your first- or second-degree
We are on
020 8131656 circles, and, in my experience, FACEBOOK
many people are happy to meet