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So What is an Entrepreneur
Anyway?
Questacon > Smart Moves > Business and Competitions > What is an Entrepreneur?
An entrepreneur is someone like you.
Entrepreneurs
-
Have great ideas and do something about them
- Hunt for opportunities to promote their ideas
- Thrive on the challenge of creating their own big breaks
- Make money out of solving problems and selling their ideas
- Usually start up their own businesses
How old do you have to be?
Any age! If you have a great idea and the determination
to make it happen, you could join this list of young entrepreneurs who
enjoy some huge success stories…
-
Eagle Boys Pizza
 was created by a 23 year old Australian from Albury, NSW.
- Dick Smith Electronics was launched by Dick Smith when he was 24 years old.
- Subway sandwiches were the brainchild of 17 year old US based Fred DeLuca .
- Rip Curl was started up in the Australian backyard of surfers Brian Singer and Doug Warbrick.
- Dell
Computers was set up when 18 year old Michael Dell realised it was
heaps cheaper to build computers out of components than to buy them
ready made.
- Poppy King founded Poppy Industries Pty Ltd
at aged 18, after recognising there was a gap in the market for matte
lipstick.
What do you need?
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A problem — and a unique way of solving the problem.
- A lot of determination and belief in your idea.
- Some emotional support from your friends, your family, your teacher or the support of a mentor who has a lot of experience and knowledge and is prepared to help you out.
- Some financial support from your family or people (venture capitalists) who believe in your idea and will help you out with some cash to get started. There are a number of Australian web sites that can introduce you to venture capitalists.
Hunting for that great idea…
Finding that great idea can sometimes be as simple as thinking of something you love, and then thinking of something that would make it even better.
- Write down your hobbies, skills, passions.
- Write down your skills, things you’re good at.
- Write down a list
and then…
- Talk to your friends.
- Go to trade shows.
- Search for opportunities.
- Keep an eye on the latest trends.
- Write down your goals.
- Research your industry.
- Talk to people in your field.
- Keep focused, and don’t give up!
When you
think you’ve got the idea you’ve been looking for, ring us
and we’ll set you up with a mentor who can give you advice and
help you out.
There are also heaps of places you can go to study how to become an entrepreneur. You can combine business training with scientific training to give you an advantage. Some science degrees even offer subjects in entrepreneurship, information property and how to make your idea into a successful business.
Whatever you’re into, there are opportunities to create new products and services. Find something that turns you on and find out more about it. There are thousands of ways to learn more…and many courses to choose from.
From biotechnology to
sports science; scientists, engineers and technologists have the knowledge
and skills to create new and incredible products and services. Australia
needs more entrepreneurs… more people like you!
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