Entrepreneurship made easy in five simple steps

Getting into business is seen by many as a very complex and complicated process.

Of course it can be – but only if you make it so. On the other hand Steve Sammartino, writing about it at over at Start Up Blog, chooses to make it a very simple five step process.

His five steps are:

First step – Idea: easiest bit.

Second step – Plan: Not as important as you think. A single page summary will suffice, at least until we get to revenue.

Third step – Funding: Better to use your own money. If you can’t fund it go back to first step and get a new idea.

Fourth step – Build it: This will be harder than you thought. Think QDOS. Quick & dirty operating system. Just get a product out there. You can improve it later.

Fifth Step – Sell it: This is the really hard part. Getting people to pay for your product or service. In an economy and where the latest buzz word is ‘free’ this is where you can see if you’ve got what it takes. If you can’t sell, get a job in a nice safe office. Selling is the vital final step for all entrepreneurs.

Simple or what?

Easy, of course, is another issue entirely!

One Response to “Entrepreneurship made easy in five simple steps”

1. Brian O'Kane says:

   June 29, 2009 at 12:48 pm

   Frank, I agree with Sam;s five steps – especially #2 (surprisingly perhaps) and #5, which so many people overlook or persuade themselves will happen without any effort! Brian