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The Entrepreneur’s Tool Kit: Introduction

Undertaking a new entrepreneurial journey is one of the most exciting decisions you can make. The emotions stir as you envision potential business ideas that are guaranteed to be the next big thing.

It can be hard to contain your exuberance as you envision a great idea and imagine your path to turning it into a product or service. It’s exciting to think about, and it feels great to describe it to family and friends who are eager to see you succeed. Even without funding or a business plan or anything more than a rough sketch or two, you’ll likely feel you’re on the verge of a major breakthrough.

Then you decide to find out more information about how to realize your idea. A quick visit to the internet, library or local support group will likely complicate your plans — and possibly confuse you completely about how to get from idea to shipping product. A click of the mouse opens a twisting rabbit hole of sometimes conflicting information and opinions about how to succeed as an entrepreneur. That initial burst of excitement can easily give way to feeling overwhelmed. You’re weighed down by self-doubt and may end up second-guessing yourself out of a really wonderful business idea.

Moreover, you haven’t even faced any real challenges yet. We all know that ideas are dime a dozen, but proper execution is much rarer. Transforming your initial enthusiasm into an actionable plan over months or years is the biggest challenge you will face.

IncBuilders was founded to help early-stage entrepreneurs overcome these hurdles, even without support from an elite business network with lots of resources, money and answers. In the coming weeks, we’ll share some tools we provide to help aspiring entrepreneurs make their inspiration a reality. Coming up:

1. Validating your business
2. Retaining IncBuilders-approved services of experts in finance, development, marketing and more
3. Employing IncBuilders’ blueprints for your business
4. Picking your core team
5. Engaging talent from universities
6. Building a rapid prototype
7. Engaging advisors to refine your plan
8. Getting discounts through partners
9. Consulting with an IncBuilders-vetted lawyer
10. Managing equity
11. Marketing yourself to the world
12. Getting ready for investors

Check out how we can help level the playing field to give your bright idea a chance to shine!