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    « Experimenting with Omnisio, Riffing on Virtual Teams | Main | Announcing the DreamIT Series »

    July 07, 2008

    30 Things Every Entrepreneur Should Know How to Do

    I started this post thinking I would quickly list ten things every entrepreneur should know how to do. Before I knew it, I had over twenty items. Skip and Megan (our summer intern) added their own ideas to the list to make the final thirty. Read on and add your own ideas to the list!

    1. Communicate well with others - especially when articulating their concept
    2. Work well with others
    3. Delegate to team members
    4. Present well in front of a crowd
    5. Listen to their customers AND their critics
    6. Perform competitive and market research
    7. Write a business plan
    8. Adapt to change - (Also related, staying open and flexible)
    9. Being able to share their idea with others
    10. Set and meet goals
    11. Learn from failures
    12. Take initiative
    13. Bootstrap
    14. Network
    15. To focus and set priorities
    16. To think outside of the box
    17. How to put themselves in their competitors and customers shoes
    18. How to think ahead
    19. Market their product/service
    20. Market testing their product/service
    21. Be persistent (and not give up)
    22. Understand financial statements
    23. Attract and retain great people to their Team and Dream
    24. Inspire through vision (Also related, being a good leader)
    25. To dissect their behavior/motivations/strengths/weaknesses
    26. Wear many hats
    27. Continuously strive for self-improvement
    28. Know their marketplace inside and out
    29. Not sweat the small stuff
    30. Balance life, friends and school or family (or both)

    So what do you think? Are there any you disagree with?

    By: Yasmine Mustafa

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    Comments

    great insights.

    I am sure there are a few put there that don't use a check list on things they should do when they markeet. I know myselfI orget to do a few things but I will get better

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