Could I be an Entrepreneur?

lemonade stand

Photo (CC 2.0) by Steven Depolo, on Flickr

Lots of people have a desire to start their own business.

At the same time, communities and economic development agencies encourage this as these businesses help build the local economy.

The interest for starting from the owner’s perspective come from a desire for control, to show their creativity and to make money. Communities see them as adding new jobs as well as providing a substantial amount of US sales and GDP (Gross Domestic Product).

Yet often people just don’t take the plunge.

One thing holding them back is the fear they don’t have the right stuff to develop a successful business.  It is the myth that entrepreneurs are born and not made.

Kay Cummings, Michigan State University Extension, examines that myth. She outlines what qualities are helpful to the entrepreneur and defines what business skills one should have, either before starting or soon thereafter. Read her article here.

Kay also outlines some of the resources found he her state that can help the aspiring entrepreneur. And she outlines some national efforts as well.

While your state may not have these specific resources, nearly every state has some type of support services for the new business owner.  You just need to go out and find them.  I would suggest you start with your Extension office. They can define the resources available in your state.

Good luck.

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