As a society, if we can continue encouraging entrepreneurs to start successful businesses, I believe we'll be in a better place to solve some of the world's greatest problems. But we first have to encourage entrepreneurship at the core. Entrepreneurs are the problem solvers.
"Most people present problems. An entrepreneur's job is to solve problems."
I believe if we can help entrepreneurs get their feet on the ground, then solving bigger problems related to things like climate change, clean water, world hunger, & poverty become much easier.
The reality is that the people who have the ability to solve these big problems have access to capital. They either generate the capital to work with through creating a successful business or they get good at raising capital. One sure fire way to get access to capital is to prove to investors you can successfully operate a profitable business of any sort.
No investors want to give money to people just because they have a good idea. They want to see a track record of execution. Doesn't matter if you're trying to build the next billion dollar space company or if you're working to solve world hunger. Ideas are like butts — everyone has one and they all stink.
Investors want to know you can execute. And this is why I believe in encouraging early stage entrepreneurship. If you can start a business on your own and prove you can execute, then raising money becomes much easier.
We're living in an age where we have zero excuses as entrepreneurs. If you want to start a business and you haven't yet, it's not due to a lack of resources. The resources are out there. If you don't know how to do something, Google works every day of the week. So does YouTube.
One quality amongst all successful entrepreneurs is the willingness to learn new things and find solutions to problems. If you want to start a business, you have to present a solution to your first problem — the uncertainty of the beginning stages.
If you're choosing to continue building your projects during the pandemic, you should definitely join the 457 other entrepreneurs & creators on my weekly newsletter where I share what I'm learning as I build coffee, coworking, and community businesses in a post pandemic world. Just tell me where I should send it 👇