Topic: The Problem, Backstory & Business Solution
A startup is known to be a “temporary organization designed to search for a repeatable and scalable business model” according to the serial entrepreneur, Steve Blank. As an aspiring entrepreneur, I interpret this definition to mean a business that is trying to find itself while proportionally reflecting the owner’s attempt to become a successful entrepreneur.
What makes a successful entrepreneur? Society falsely correlates riches with success and fame.
“Risk taking, self-sacrifice and unwavering will power epitomize a successful entrepreneur”
The best way I could describe entrepreneurs is comparing them to superheroes. Three major characteristics are always prevalent: back story with some form of adversity that provides some form of motivation, transcendent desire to change society, with a marveling charisma, creativity or talent. Entrepreneurs are the backbone of society; they innately have a big responsibility as role models and super-men to the economy. Consequently, their wealth and power should be used for virtuous purposes. Therefore, only the worthy that are arduous and generous are gifted with that title.
My story of being an aspiring entrepreneur begins in 2007 from high school with the introduction of a newspaper article about ‘7 Millionaires Under The Age of 25’ by my banking professor. Being the only person in my class intrigued by their accomplishment, I took it upon myself to make a copy of the article in the library. It was my imperative want to study how each of the seven millionaires gained their achievements. After that first taste I developed an insatiable interest for success stories of entrepreneurs. After reading as much as I could amass from newspaper & magazine clippings, online blogs and biographies I felt that I figured out my highest goal in life…’to become an entrepreneur’.
With that conclusion, I had made a coherent thought to start making a mental note of problematic issues that lacked a logical solution for business opportunities to further cement my goal for becoming an aspiring entrepreneur.
“In order to have a successful business you must identify and solve a fundamental problem”
Subsequently, I went from one impractical random idea to the next. From remote-controlled vacuum cleaners to voice controlled cars I stumbled upon idea to the next. Finally, I started my college search and therein laid multiple problems that I could explore for a potential startup. College searching only scratched the surface for the brain child idea that would be developed. Upon, entering as a freshman at college I made a mental recording of my struggle and decided to figure a proper method of conducting research on the topic and a possible solution.
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