Entrepreneurship - Ft. Matthew Rolnick of Yaymaker, Groupon

cultivate drive and resiliency to navigate entrepreneur ups and downs, and recognize your strengths and weaknesses to enlist others who complement your efforts.

Embrace failure as an essential part of entrepreneurship, learning and improving with every setback. Develop a resilient mindset by turning failures into opportunities to grow, as Lincoln and Edison did.

Entrepreneurs avoid complaining under stress and adversity, pulling themselves together, analyzing failures, and steering clear of slip-ups to move past setbacks and pursue new goals.

Discover the six skills to succeed as an entrepreneur and evaluate whether you have what it takes, building drive, enthusiasm, and self-discipline to set up a business venture.

Entrepreneurs and leaders come in many forms; anyone can learn to lead by being authentic, communicating effectively, and following through with passion for people and projects.

Forward thinking helps entrepreneurs spot opportunities, analyze risk, and turn ideas into profit-making ventures. They set short term and long term goals and craft a business plan.

Close deals to stabilize volatile revenue and keep your venture afloat, and survey the market to spot opportunities and seize sales openings for small orders or large deliveries.

Identify six essential entrepreneurial skills: leadership, forward thinking, flexibility, self motivation, consistency, and making sales to drive success.

Use online research to assess your entrepreneurial idea by exploring innovations on Product Hunt and Kickstarter, and glean improvements or twists inspired by product review sites.

Conduct interviews with prospective clients to validate your entrepreneurial idea, demonstrating features and discussing cost, and gathering immediate feedback on pros and cons.

Select a sector you can flourish in and are passionate about, then organize your business by location and type, preparing for incorporation with a bank account and tax id.

Build a robust network to meet collaborators, mentors, and prospective investors, expanding opportunities, clients, and resources for your entrepreneurial venture. Use Meetup and Eventbrite to kickstart networking.

Market your idea by convincing consumers your product is distinctive and meets their needs. Engage your target audience with proper marketing strategies, using social media promotions to reach millennials.

Learn cost-effective strategies to spread the word, from word-of-mouth and social media advocacy to internal ambassador programs that recognize employees and customers for sharing your business.

Explore how co-founders influence funding, provide emotional and knowledge support, and bring skills that complement yours, while noting that solo ventures can still secure capital.

Explore crowdfunding platforms such as Kickstarter and Indiegogo to fund, promote online campaigns, gather venture feedback, boost brand awareness, and generate press.

Leverage your network to connect with angel investors and advisors, explore free SCORE consulting for small businesses, and use LinkedIn to attract passionate mentors and opportunities.

Learn how to use short-term cash options, including credit cards as a temporary resource, to fund a startup while avoiding long-term debt that harms the bottom line.

Overcome reservations by confronting insecurity, fear of failure, and risk avoidance; identify what you fear and commit to conquering it to boost dedication and productivity.