Budding Entrepreneurship

Ross Mayfield answers the question: “If you were about to graduate from college and had an interest in becoming an entrepreneur, what would you do?” Among his suggestions:

Start a business. Lots of people will give you advice to just get out there and start doing it. The smallest of ventures will teach you big things.

Have fun with failure. Make mistakes and make them often. Make them early, because the only consequence decisions have early in life is what you learn from them. Persist.

Do different. No matter what you do, do your own thing. Differentiation is perhaps the most important attribute of a successful venture. Not just for standing out in a crowded marketplace, but doing the little things inside the company in a way that is better than your competition. And if you can’t invent a great positioning or process, you can always excel at personal service.

Start a weblog.

Published by

Rajesh Jain

An Entrepreneur based in Mumbai, India.