If You Have an Entrepreneurial Spirit, Read This for Tips to Get Started

Posted on 1/3/2026, 11:36:17 AM

Do you have an entrepreneurial spirit? Are you looking for an innovative solution to a problem that you can translate into a viable and productive business venture? If so, good for you! This is an exciting time. In today’s world, anyone can make proactive business moves to start a venture that will create a long-term business with fruitful gains. Continue reading for more information you can use.

Find a Problem and Solve It

One of the first things any entrepreneur must do is determine what type of business they will create. Of course, you might have an idea that is based on something you are interested in doing. However, there is another way to start a business venture: Find a problem and present a solution. There are many examples of this in history, and this is how innovation occurs. You can be part of that.

To illustrate, if you live in a city with limited space to start a new business that requires space, but it is not realistic to move the business outside of the city, you need to figure out how to make everything fit. Building upwards is the likely answer. Let’s say you have experience firsthand with needing extra storage solutions near a popular university campus, a business hub, or simply within the heart of a congested city. Space is always limited in campus dorm rooms, offices, and city apartments. Even if there is on-site storage available, it is generally not enough, even if it is available. 

The solution to this problem is to build up. You can create a new business venture to build a self-storage company in the heart of the community you want to serve. You will need to contact the vertical self-storage construction experts to ensure the building is constructed to meet the highest safety standards and the unique conditions of the climate, land, and city zoning requirements. You will solve a problem for university students, business leaders, and local residents while maximizing the vertical space to bring a new and needed business to the area.

Focus on Value Over Profits (at First)

When you are trying to bring a solution to market, sometimes, you may need to focus on the perceived and real value you will bring to people before realizing significant profits. Sometimes, people need to be convinced. 

In order to do this, having an open house is a good way to invite prospective clients as well as the community into your business space to educate them on the value of what you have to offer. This is an opportunity to teach them about how your new venture can solve their problem, make their lives easier, or even make their lives better than before. Whatever the case, in order to generate business, proactive marketing is your answer.

Once you have a few clients, word of mouth will be integral to your continued growth. During this time, you should continue to highlight the value of what your business has to offer, but make strategic moves to move toward greater profitability. Keep the momentum going towards increased visibility and growth to achieve your goals.

Create a Business Plan

Having an idea, even if it is an amazing one, is great, but you will need more to convince others to fund your venture. This is where a business plan comes into play. A business plan is your roadmap and guide to creating your company as well as running it. It is like a recipe, but a little different because you can change the measurements, so to speak, to adapt and adjust your plan as needed based on the factors that surround the business at any given time.

For example, if your supply chain dries up and you need to find a new source of raw materials, your business plan may need to be adjusted to accommodate a delay in materials. This may create a domino effect whereby your next round of funding is delayed. Having a clear understanding of how to proceed when factors outside your control change will be helpful to appease your investors and help continue to bring your products or services to market until the supply chain is back up and running.

In other instances, your business plan can help you map out the new business goals for growth and expansion. You can create target goals and new strategies to implement based on successes or lags in the economy. The business plan may include various plans to execute as needed to keep things running smoothly and assuage investors.

Be Bold

Becoming an entrepreneur is not for the faint of heart. You need to have a thick skin, get used to hearing the word no, and be prepared to sell your idea over and over again. That does not mean you will never succeed, however. You simply need to keep going.

No one ever said change was easy. If you look at the stories and track records of great innovators in this world, it is considered extremely rare to find one who had success right out of the gate. Instead, they had to innovate and ideate. They had to fail time and again to learn what did not work in order to learn what would work to realize their vision and achieve their goals. 

This mindset takes tenacity and grit. It does not mean you will not feel the failures and sometimes take them personally. It means you will deal with them and then get back up to continue your work and see your efforts through to an eventual successful outcome.

Watch this video to learn about six counter-conventional tips on how to think like an entrepreneur.

See problems as opportunities. Find ways to solve issues you have experienced or others around you struggle with. Translate these things into financially viable business solutions you can bring to fruition with your entrepreneurial spirit. Go forth into the world with your ideas, confidence, and business acumen to create the change you want to see. Sometimes, a small change can have a big impact on someone else’s life simply by eliminating a barrier or making their life easier. You can be that person.