Most of the time we hold ourselves back from starting a new project or a new company, thinking we don’t have enough resources, money or experience. An entrepreneur doesn’t need a professional degree or years of experience to run every department of his start-up. Rather he needs to be efficient enough to arrange the resources and get the things done with the available resources.

An entrepreneur should ask himself the following questions before spending time and money:

1. Do I really need people on a full-time basis or on contractual basis? Or even better, can the work be outsourced?

2. Do I really need an expert to accomplish tasks or can they be done by an intern with a little supervision?

3. Do I really need to register for a fulltime degree course or a part-time course would do? Or even better, can I learn the skills online?

4. Do I really need a million dollars to start with or can I begin my business with minimal investment? Or even better, can I ask for help from my friends and colleagues?

5. Do I really need six months to brainstorm an idea and to develop a robust UX/UI or can I do the same in two?

6. Do I really need a big office to start with or can I use a shared office space? Or even better, can I use my home till funds begin to flow in?

7. Do I really need a state-of-the-art warehouse or a small storage space, such as garage or basement, would be sufficient? Or even better, can I outsource it to big companies like Amazon for a small fee?

8. Do I really need to spend heavily on advertisements/hire agencies/hire an expensive PR firm or can I hire freelancers? Or even better, can I make use of free tools available online?

9. Do I really need to set up a fully functional factory to manufacture products or can I outsource manufacturing for the time being?

10. Do I really need a full-time accountant or can I depend on an app for managing invoices and managing project related queries?

11. Do I really need a fully functional IT department or can I outsource my tech-related problems to techpreneurs, who understand the nitty-gritty of the IT space well?

12. Do I really need a person for handling client queries or can I manage them on my own?

13. Do I really need a brick and mortar store to sell my products or can I do that online?

14. Do I really need huge stacks of business cards, letterheads, and brochures that will never see the light of the day or can I publish them on my website?

Every business starts small. Some surrender to the uncertainties and challenges that come in their way, while others make their way through it. The winners are those who play smart. They believe in making things happen. They know that no matter the stepping stones are small, they will one day be walking on giant boulders. The core of their business philosophy is frugality. Whereas:

– Those who feel disgusted on using anything cheap

– Those who strongly associate success with high initial investments

– Those who do not try unless they have industry experts and expensive tools at the helm

are doomed to fail. Start with whatever you have, build on it, and sooner than later, you will find yourself soaring high in the sky.