7 Steps to Become an Entrepreneur (even with No Prior Experience)!

steps to become an entrepreneur

If you’re looking for the steps to become an entrepreneur, you’re in the right place. Here, you’ll learn 7 steps to become an entrepreneur.

This is part five of the “What is an Entrepreneur?” series.  I’ve found there are many people interested in entrepreneurship, but many myths surrounding what an Entrepreneur is.  I plan to answer these questions:

I hope this series can clear some myths for you and expand your entrepreneurial creativity.  You can read the entire series by going HERE.  Please read to the bottom and get all the AMAZING FREE STUFF at the end!

Affiliate Disclaimer: Affiliate links are enclosed on this post for your convenience and ease of use.  This means that when you click a link and make a purchase, How To Entrepreneur can recieve a commission at no additional cost to you.

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Everyone gets the opportunity to choose their path: some choose a corporate profession and others choose entrepreneurship.  Unfortunately, there is a lot of uncertainty about how an entrepreneur forms, what path they should take to develop, and what separates the entrepreneurs who hit the apex of the economic charts versus those who live a life of struggle.  In this article, we’ll discuss the steps to become an entrepreneur.

steps to become an entrepreneurHow We All Start Off

While some of us have a vision of “who we want to be when we grow up” very early in life, we all have to explore.  We look at varying professions to choose what will be a good fit for us.

The Common Steps to Become an Entrepreneur

With any profession, there’s education required.  If you want to become a teacher, firefighter, banker, child development specialist, or entrepreneur, there’s a development process.  Regardless of what you want to do, there will be a training period.  Some positions will have more on-the-job training, and other`s won`t.  For entrepreneurs, there’s a big stereotype about whether its a feasible goal since there are so few people who do it successfully full-time, so the steps can be unclear.  These are the steps I recommend and have found work.

1. Commit to Learning

For entrepreneurs, there are many training options.  There are university training options and private training options.  While it’s not vital that entrepreneurs choose a university program or spend thousands on education prior to starting their business, It is important for us to be very disciplined with our reading and developing new skills.

how to be an entrepreneur steps to become an entrepreneurYou want to start listening to successful entrepreneurs, reading their books, watching interviews with them, and taking the courses that will develop the entrepreneurial skills that you need.

Once you have some clarity with your business plan, it’s good to get feedback or help developing a solid startup plan.  You can get feedback on your business plan thru one-on-one consulting, group consulting, or even some mastermind groups.

Once you start learning, it improves your creativity.  You’ll see how others have been successful before, what business models exist, and you can find fragments of business ideas you may like to explore.

2. Find a Problem in the Market

With your continuing education under your belt, you’ll start to think like an entrepreneur.  Overall, the position of an entrepreneur is a “Professional Problem Solver” position.  In order to begin creating a business concept, you have to identify pain points for those around you or those you plan to be of service to.

To find some good concept direction, you can ask:

  • What target audience do I feel passionate about?
  • What are their pain points?
  • What are things they struggle with?
  • How can I use my skills and resources to alleviate their pain points?

3. Identify a Solution

Brainstorm things that could alleviate the pain points for the target audience.

  • Would a product solve the problem?
  • If so, what kind?
  • Would a service solve the problem?
  • If so, what kind?
  • Can information solve the problem?
  • If so, how will you compile it?

4. Have a Dream and Desired Outcome to Eradicate the Problem

how to be an entrepreneur steps to become an entrepreneurRay Kroc, the visionary behind the international McDonald’s food chain had a desired outcome that kept him motivated.  From the point that he saw the McDonald’s restaurant, he had a vision for it.  He said:

“When I saw it working that day in 1954, I felt like some latter-day Newton who’d just had an Idaho potato caromed off his skull. That night in my motel room I did a lot of heavy thinking about what I’d seen during the day. Visions of McDonald’s restaurants dotting crossroads all over the country paraded through my brain.” (Source: TheBalance)

As entrepreneurs, we have to have a desired outcome that is bigger than dollar signs.  The desired outcome will keep us motivated and working to reach higher and higher to achieve new and steeper goals that impact more people.

Other visionaries like Dr. Martin Luther King had dreams of racism being eradicated, obesity eradicated, small businesses able to scale, or other problems eradicated.  Make big bold statements and release your creativity to envision big change.

5. Share the Vision with others and Rally Allies (Employees, Vendors, and Customers)

You can only grow an organization so big with your own personal labor.  In an interview called How To Turn a Small Business into a Big Business, Verne Harnish said “The hardest person to hire is your replacement”.

Most entrepreneurs struggle with hiring, and usually the first hire is the hardest.  We try to hire cheap or hire as a means to give back.  When we keep bad hiring practices, rather than being able to scale, we add more work: continual training and normal work duties.

When we hire, we need to be mindful that the people we’re hiring are our replacements.  They should have a skill level sufficient that they can briefly be trained, then work independently in a way they take something “off of our plates”.

how to be an entrepreneur steps to become an entrepreneurPrototyping jobs is something we have to be good at.  In my article, How To Create a Training Manual, I give instructions for how you can make a training manual that helps with delegation.  Having a training manual can expedite the training process, create more independent training opportunities, and show you whether the new hire is a self-starter, if they are resourceful, or if they will require alot of “babysitting”.

Remember, you are inventing a system that makes money in your absence–not a job!

To invent the system, you’ll have to continue building training, prototyping positions, and creating new profitable positions that increase the value and efficiency of the company.

6. Keep Learning and Testing to Scale

Most companies don’t scale.  According to the SBA, there are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees (these are called non-employers).

There’s a big pain point between startup and scaling up.  Be mindful that once you want to grow past being a solopreneur, there will be more learning.  Books like Scaling Up by Verne Harnish can be extremely useful for advising you about how to approach hiring, prototyping jobs, scaling execution, ramping up marketing, and all other things you’ll need to ramp up.

how to be an entrepreneur steps to become an entrepreneur7. Train the Business to be Independent

Business owners are parents to an entity.  The business requires ongoing training like raising kids.  It won’t automatically be independant which is why majority of the entrepreneurs work more than 40 hours per week.  On the contrary, there must be intention in training the business to be independent.

If you regularly take strategy time, you can analyze which portions of the business are consuming most of your time, and decide whether you need to be more efficient, or if you can create a list of tasks that can create a profitable work position.  You can begin prototyping the new position, so it can be filled, and more time is freed up.

Final Words on The 7 Steps to Become an Entrepreneur

The goal of this article was to show you 7 steps to become an Entrepreneur. Entrepreneurship is a vital component of the world economy, and I hope this article empowered you to fuel our economy in powerful ways!  If you have questions or concerns about this, don’t hesitate to leave them in the comments section.  I’d love to help you out!

If you’d like to start or scale your business, I’d love to help you out.  Check out my free e-course! It’s a framework to start a business with an idea and grow it into an enterprise. Get started with the free e-course here.

Now, it’s Your Turn…

What do you think about the steps to become an entrepreneur?  Have you been thru them?  Do you think there are more or less?  What’s your advice for how to become an entrepreneur?  Leave your comments, questions, and feedback below.

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6 thoughts on “7 Steps to Become an Entrepreneur (even with No Prior Experience)!”

  1. Hello,

    I enjoyed reading this article. I have to come back and read the first part of the series. I always wondered about being an entrepreneur one day. With these 7 steps, I shouldn’t have any problems at all. 🙂

    I thought it was hard to be an entrepreneur. From reading here it seems quite simple. Like you said, you have to commit to the learning, which may be the hardest.

    It takes me a while to get used to learning new things. I guess because I am so used to doing a regular work routine and didn’t want to change but I kept complaining.

    With your help, I won’t have any issues learning new things at all. 🙂

    1. Tiffany Domena

      Hello Cooki!

      I’m glad you have confidence in me, but this is primarily about you.  I’ve just laid out the steps, and continue to provide information, but you put the action into your business to make it come true for you.  I believe you can do it!

  2. Kyoko Connolly

    Hi Tiffany,

    I agree all your steps wholeheartedly! #1 especially resonates with me, that I also believe being an entrepreneur means being a great learner and coachable. Once you stop learning, your business starts dying. There are always changes, and we all need to keep up these changes. Also, many successful entrepreneurs are where they are because they study and listen to their mentors.

    But other steps are also great. With these steps, I believe anyone can step into the world of entrepreneurship!

    1. Tiffany Domena

      Hello Kyoko!

      I can’t overemphasize how important learning is.  You’re right about how changes happen.  There’s also learning required to go from one stage to another. Thanks for stopping by!

  3. I’m too lazy to learn anything new, at least step by step – it’s so boring… Is there a way to correct it?
    I’m Glooria at Zazzle, I make regularly some new things and can’t understand why nobody looks at them. Quite nobody – there are already about 100 views but no sells.
    I’m trying a new website. It’s called Fashion Makes People.

    1. Tiffany Domena

      Hello Glooria,
      You can learn new skills if you put your mind to it. It sounds like you may need to work on your outlook towards learning new skills, eliminate some self-limiting beliefs, and challenge your work ethic, so it improves. I’ve written an article on improving work ethic here.
      At 100 views, it doesn’t sound like you have significant enough data to decide what needs to happen, however, I recommend doing market research before creating products to make sure the products you create have low supply and high demand. You can still do market research even though you’ve already made the product, and see if you can optimize your listing. I can help you out more if you create your account here, then you can also get more training that can help you to sell more online.

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