What to Do if You Caught the Entrepreneur Bug
Have you noticed? Entrepreneurship is everywhere!
Seems that everyone is talking about their new idea. Some people are even a step further and have started testing their idea. If you have caught the entrepreneur bug, I highly recommend watching this short video (2:22) from Kathryn Finney of The Budget Fashionista and Digital UnDivided. She spoke at OPEN for Women: CEO BootCamp on March 26, 2014 about the best practices and agility start-ups can apply to small businesses.
In the video below, Kathryn points out the 5 principles of the lean startup movement, which are key ways to see how high your idea can fly:
- Entrepreneurship is everywhere
- Rethink how entrepreneurship is managed
- Validated learning
- Innovative Accounting
- Feedback loop
Bottom Line: Build. Measure. Learn. Rinse. Repeat.
Are you an entrepreneur or want to be one? Share your comments below!