How to Become an Entrepreneur

Tanaya Key, Student Journalist

You’re probably wondering what an entrepreneur is. Once you know what they are, you’re going to want to know how to become one yourself. What are the benefits of becoming an entrepreneur? Well, I’m going to tell you. 


First of all,  an entrepreneur is a person who organizes and operates a business or businesses. Some entrepreneurs you may have heard of are Bill Gates , Steve Jobs , and Mark Zuckerburg. And there are many more smart entrepreneurs you’ve never even heard of. You yourself can become an entrepreneur today. I am going to tell you step by step to become a successful entrepreneur. 


First, you have to have an idea, and hopefully a great one. Then, plan your business. Before you begin you have to have a business plan. A business plan lays out any goal you have as well as how you will achieve those goals. You’ll need to have a clear plan and path to reaching your goals so that people will invest in your company. The next step is to determine if you want to get an education. Not all entrepreneurs go to college or even finish high school! Then, find a business that fits you. What I mean is, find a business that won’t only be successful, but is something that you are passionate about. It is hard to be successful at something you’re not passionate about. Next find your target. What I mean by this is, not every  business appeals to everyone. The age, gender, income, race and culture of your target group will play a large role in determining where you open up shop – or if you even need to have a physical address for your business. Especially nowadays, many businesses are strictly online.  Making sure you know the demographics of both your investors and customers is really important before you start networking, marketing and selling your idea. 


Now that you know what it takes to be an entrepreneur, I am going to tell you the pros and cons of being one. Let’s start with pros. The first pro is freedom, because you will have full control of your own ideas and what you want to do with them. Another pro is flexibility, because you can make your own schedule and decide how fast you want to move. Finally, and perhaps most importantly, the huge profits you can make are a huge pro! As for the cons…being an entrepreneur is a ton of work and responsibility. There is also a lot of risk involved in starting your own business.


My advice is to just ask yourself, are you ready to become successful?