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Entrackr writes about tech startup news along with data driven analysis. It offers relevant insight to entrepreneurs<br>
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Basic Principles of Becoming a Creative Entrepreneur Defining Creative Entrepreneurship Be it any creative field music, photography, writing etc. running any business where client pays for the entrepreneurs’ creativity whether in the form of service or product is called a creative Entrepreneurship. However a creative entrepreneurship depends a lot on creativity and passion but for becoming a successful creative Entrepreneur one needs to have the necessary skills and mindset of an entrepreneur. In addition to enhance the creativity it’s important to keep a tap on the latest trends and Tech Startup News in the market so as to perform well. Why Creative Minds are Ideal for Entrepreneurship and Small Business Some of the biggest innovations are a result of creativity. Creative minds have a specific disposition. These people have the ability to adapt to a variety of situations and create new solutions to improve the world. Possessing influential capabilities influential minds are considered to be persuasive. Basic Principles of Becoming Creative Entrepreneurs 1.What can be offered: Clearing out what specifically is going to be offered as a creative part is the first step in creative Entrepreneurship and Small Business. This step taps onto the knowledge or skill set. 2.Determining how knowledge and skill can make money: For starting out choose one and focus on one idea until it’s up and running.
3.Idea and market needs: When it comes to Entrepreneurship market research plays a huge role especially in Small Businesses where the risk taking percent is relatively lower. 4.Business plan: A business plan that outlines what the business will offer and what is unique about it will help implement the business. 5.Protecting creative assets:When creating something new, it’s important to protect it. For a business there are three types of protection depending on what is created: 1) Patent for inventions, designs or formulas, 2) Copyright for created works such as writing and art 3) Trademark usually for a name, logo or tagline.
