That is a very good question. Here are some steps
- get to know yourself well enough to determine which career areas are best suited for you based upon your personality traits, so that you can determine which type of business in which to become involved
- start by working in a successful business that is of the type for which you matched and become the best employee that you can be. Over the years I have seen many people who have followed this route have had the business handed over to them when the owner decided to do something else or became a major player in the business. The advantage of working with someone whose business is successful is that you do not have to make the mistakes that a new business owner makes along the way
- If you are interested in knowing what is involved in starting and running a small business, you can do a google search for "Service Corp of Retired Executives". This is a part of the Small Business Administration make up of retired executives who will provide free consultation and workshops to those involved in small businesses. Their site is SCORE.ORG which you can visit to get started and they have offices in many cities across the US.
However, the first step is getting to know yourself better.
Ken recommends the following next steps:
-Gain experience in the field. Whether you're trying to define business processes for your business, understand your customers, define go-to-market plans, or get investor/partner commitments, you'll need to have experiences and credibility to lean on. If you've never done or gained experience what you're trying to sell, you won't have the perspective needed to succeed.
-Create friendships/mentorships/relationships that will enable you to learn and gain access to resources that are needed to be successful.
-Start small and grow your business as you prove different models. When you begin your business, you often have a grand idea of what you want to accomplish. However, as you try different approaches, you'll typically end up pursuing some different version of the business. Start small and do trials so that when you finally find your TRUE business model, you'll have the resources needed to grow.
-Invest wisely and build a team that is capable of doing what you need and one that you can TRUST - not friends. After all, you are putting your livelihood in their hands.
I'm going to give you the essential ingredient. That's to write a business case. It may sound boring, but it's actually the coolest step. You need to put your plan into words so that you and others can understand what you're going to do. The business plan is necessary to get any sort of help or advice to realize your goal. You describe the problem you're intending to solve, why it's important, why people would want it, what you'll need, and why this is the time to do it. This is essential to get funding -- either from "angel" investors, venture capitalists, and/or friends and family. It'll also allow you to examine your plan to convince the most important person -- you. If you can't do that, this is the litmus test to show you that you have more work to do before starting anything else. You'll be adding details about what can go wrong, what sorts of people you'll need on your team, what you planned schedule is, the funding you'll need over time. There are all sorts of guides for fleshing out a business plan on line, but starting on that is JOB NUMBER ONE. And writing it and reading it over and thinking of stuff to add, imagining how it will be when you do each step -- that should be the motivation you need as well as a great confidence builder for you and everyone you'll be depending on. Communication is essential for a business, and it's always made my experiences in startups a lot easier when the team stays "charged up".
Talk to everyone around you, don't be shy to say hi! You never know who you're going to meet and it's always good to expand your network because you'll make great relationships that will be beneficial to you later down the line. I would also highly recommend finding a mentor who has created the results that you are looking for.
I think to become a successful entrepreneur you have to be 150% determined and most importantly, well balanced in your personal life. Your entrepreneurial project will take you 24/7 of your time so you have to know what are your priorities and what brings is the balance in your life.
You have to be passionate about your topic, meet as many people as you can meet related or not to your topic but just in order to gather as many feedbacks as you can. A successful entrepreneur is someone who is going to ask himself to right questions, listen to feedbacks given to him in order to make his idea evolve and pivot as many times as needed.