In planning for the future, it’s never a bad idea to take a good look at the past. Taken from the words of Allentrepreneur’s 6 original interviews, here is what to remember when starting up in 2009:

Alan Regala – Everyday Innovations

Take small steps, but do take steps. The goal is to learn as much as you can in your efforts while minimizing risk. Don’t quit your day job until you’ve reached a milstone that can rationalize your decision. Don’t be afraid to call or email people who can help you (possible mentors, buyers, magazine editors, anyone!). Be passionate about your endeavour. Persistence, persistence, persistence.

Arshad Chowdhury – MetroNaps

Don’t start a business unless you have adequate capital. Most companies fail in the first year because of a lack of capital. Your business plan should call for enough funds to run your company for 2 years, preferably 3, without a dime of income. If not, you are underfunded.

Wayne Perry – Sinus Buster

Be prepared to fail and be prepared to fight. People will tell you it can’t be done and others will stand in your way from day one. You will encounter many bumps in the road, but if you are a true entrepreneur then you will fight on. Protect your ideas from the start because there are many unscrupulous business sharks out thre who will attempt to prey on your innovations. Patent, trademark and copyright all your creations from the start – no matter what it takes. If you have something unique and good, people will try to take advantage of you for their own monetary gains.

Nick Kellet –  GiftTRAP

Don’t give up, but equally, don’t begin until you are certain. Be prepared to walk/stop your investment if it isn’t working or if you don’t get the validation you need. But if you have done your research in excess then keep plugging away. It’s a very competitive world. Try to be honest with yourself and your goals. Finding a niche is just the first step on a very long journey.

Francisco Guerra – Flogos

Keep dreaming of ways to improve people do things. I have found that if something has never been done before, then I’d like to be the first. This attitude is needed when one wants to become an entrepreneur. Work hard, find advice you need from those who have made it. Be careful from taking advice from those who have not made it.

Kelly Forsyth-Gibson – Thudguard

Get a dictionary and find the word TENACIOUS. Stick a picture of yourself next to it and never forget that this is what you are!

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