Entrepreneurs often start out as someone who has an idea about a solution that would change the way we tackle a problem. They could be coming from somewhere within the industry that is facing the issue or be a total stranger who simply has a very innovative idea that could revolutionize the world as we know it.
Entrepreneurs often just have a cool new idea and everything just starts from there. People become entrepreneurs because they have a keen eye for opportunities and the drive to create new solutions.
Here’s some inspiration from our fellow entrepreneurs and their entrepreneurial journeys
Become a pro player
The Guinness World Records recognized Dennis Fong as the first ever professional esports player. His most notable achievement was winning the Red Annihilation Quake tournament, where he got branding deals and received prizes from the sponsors.
Fong is the founder and now CEO of Plays.TV, the leading company in video game capture that allows players to share some of the most epic moments in their gameplay. He saw the need for a solution to recording gameplay and exerted his efforts in creating a solution.
You never know when inspiration might strike, so it would be great to create a solution for a common problem that people in your hobby could be facing. Consider developing a new payment platform or a helpful guide catering to the thriving mobile casinos in Australia. Given the high demand due to the popularity of this leisure activity in the country, such a venture could potentially earn you millions. Alternatively, you could brainstorm the next big idea to connect people with their interests and drive positive social change!
Learn computer programming
Jan Koum was an immigrant living in the US who learned programming by sheer willpower and labor. He put his programming skills to use initially for Yahoo and later as a member of Ernst & Young's security team. His million-dollar idea was inspired by an issue that his family faced when he was growing up, reaching each other was expensive, especially when some of their family members were all the way over across the Atlantic Ocean.
Koum came up with WhatsApp, an app which revolutionized communication. Facebook then made it into the app that allows millions of people from all around the world to talk to each other on whatever device they like to use.
Create a magazine
Sir Richard Branson’s business empire started out as Student Magazine. He found that the magazines in that era which targeted the youth were just too “boring” and he had revolutionary ideas that could only be published in a daring magazine. He created a space where fresh and new content could be published and he made sure that it interested his target audience, the students. The magazine turned out to be a success and has since become the origin of some of the most famous brands under Branson’s Virgin Group, such as Virgin Records and Virgin Atlantic.
You never know you just might get one of your million-dollar ideas from an article about overcoming procrastination or a YouTube video about the best food in every country. You can thank Richard Branson for having the revolutionary idea of pushing new ideas that interest people.
Conclusion
Your background doesn’t have to define your future, as these inspiring stories show. What is important is your ability to keep growing and to continue on having ideas that might just change how the world works. Successful entrepreneurs understood this well: the only way to truly learn and move forward is through action. The lack of wealth, in many cases, has shown to be a motivator for those who desire to build a better future. So don’t let your own life’s setup or setbacks hold you down. Use them as fuel to power you forward on your own entrepreneurial journey, too.