Attention Budding Entrepreneurs: How Handy Are You With Tools?

Attention Budding Entrepreneurs: How Handy Are You With Tools?

Are you ready to get down and dirty and fix what needs it? I hate to break it to you but you have to be ready. Starting a company requires you to have the tools to fix anything that’s broken, coupled with the patience to make it happen.  Just as I have a reliable toolkit at home, to fix the leaks, creaks and freaks at my house, an entrepreneur must be able to do that for their own venture.

As Sir Richard Branson said: “Your decision will not always be the best decision. Everyone makes mistakes, but the best thing you can do in the face of a mistake is own up to it. Honesty isn’t just the best policy, it’s the only policy. When a mistake is made, don’t let it consume you. Uncover the problem and get to work on fixing it.”

So what are the components that should be in your toolkit?

  1. Blue Prints – Make a plan for the future
  2. Level – Level your expectations
  3. Nail – Nail down your value proposition
  4. Ruler – Size up the market
  5. Saw – Cut through the clutter
  6. Pliers – Get a grip
  7. Wrench – Tighten a hold on your market
  8. Hammer – Knock down obstacles
  9. Screwdriver – Don’t screw up

Did we miss anything in your toolkit? Do you have any special tools? Let us know below.

This comic and post were created by Kriti Vichare for #entrepreneurfail: Startup Success.

Note: The views and opinions expressed are solely those of the author and does not necessarily reflect the views held by Inc42, its creators or employees. Inc42 is not responsible for the accuracy of any of the information supplied by guest bloggers.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Attention Budding Entrepreneurs: How Handy Are You With Tools?-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Attention Budding Entrepreneurs: How Handy Are You With Tools?-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Attention Budding Entrepreneurs: How Handy Are You With Tools?-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Attention Budding Entrepreneurs: How Handy Are You With Tools?-Inc42 Media
Attention Budding Entrepreneurs: How Handy Are You With Tools?-Inc42 Media
You’re in Good company