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Entrepreneurship is a state of mind. It’s more of a way of being or thinking about yourself than a way of creating a business.

Would be entrepreneurs need to give as much preparation to the psychological demands of the entrepreneurial life as they do the financial.

Too many “innovative entrepreneurs” focus on the financial (which is an important prerequisite) but the attitude and psychology is even more so.

You need to understand that you will need to deftly manage the stress of uncertainty, ambiguity, and doubt during the new product development or new business creation process.