“Entrepreneurship is a kind of management
As I started reading the “Lean Startup” the first phrase that truly hit me was the one above. My vision of what it meant to be an entrepreneur completely changed and now I am even more certain I want to be one.
The first time I heard the word entrepreneur, it seemed alien to me. It was a term I had never heard before, but then as quickly as the night becomes the day it became a word in my every day vocabulary.
I had a fixed idea on what being an entrepreneur meant and how to become one. For this reason, I decided to read the “Lean Startup” and truly learn what it meant to be an entrepreneur and be ready to take on my first entrepreneurial challenge when school starts next semester.
As I started reading the “Lean Startup” the first phrase that truly hit me was the one above. My vision of what it meant to be an entrepreneur completely changed and now I am even more certain I want to be one.
The first time I heard the word entrepreneur, it seemed alien to me. It was a term I had never heard before, but then as quickly as the night becomes the day it became a word in my every day vocabulary.
I had a fixed idea on what being an entrepreneur meant and how to become one. For this reason, I decided to read the “Lean Startup” and truly learn what it meant to be an entrepreneur and be ready to take on my first entrepreneurial challenge when school starts next semester.
As I started reading the book my idea of an entrepreneur changed in a blink of an eye. It went from thinking an entrepreneur only creates the startup and later gives it to someone to manage it to truly understanding that the key of entrepreneurship is also managing what you create.
However, this doesn’t mean extensive planning and forecasting the company.
“Planning and forecasting are only accurate when based on a long, stable operating history and a relatively static environment. Startups have neither.”
Nevertheless, this by no means that you shouldn’t plan your future it just says that your plan shouldn’t be what defined the company/product and process of creation. It should serve as a guide on what to achieve but you have to be more than willing to change and adapt to new plans as startups are all but stable and static.
After learning this inside of what it means to be an entrepreneur I am more excited than ever to start creating my own business plan for my project. I would like to discuss it and explain what it is but with something as precious as a new product the last thing you want is to put it out for the world to see. Until, my project is started and already in full flow I wont talk about it in my blogs.
However, this doesn’t mean extensive planning and forecasting the company.
“Planning and forecasting are only accurate when based on a long, stable operating history and a relatively static environment. Startups have neither.”
Nevertheless, this by no means that you shouldn’t plan your future it just says that your plan shouldn’t be what defined the company/product and process of creation. It should serve as a guide on what to achieve but you have to be more than willing to change and adapt to new plans as startups are all but stable and static.
After learning this inside of what it means to be an entrepreneur I am more excited than ever to start creating my own business plan for my project. I would like to discuss it and explain what it is but with something as precious as a new product the last thing you want is to put it out for the world to see. Until, my project is started and already in full flow I wont talk about it in my blogs.