Attention budding entrepreneurs! How handy are you with tools? Are you ready to get down and dirty and fix what needs it? I hate to break it to you, but you have to be ready. Starting a company requires you to have the tools to fix anything that’s broken, coupled with the patience to make it happen.  Just as I have a reliable toolkit at home, to fix the leaks, creaks and freaks at my house, an entrepreneur must be able to do that for their own venture. As Sir Richard Branson said: “Your decision will not always be the best decision. Everyone makes mistakes, but the best thing you can do in the face of a mistake is own up to it. Honesty isn’t just the best policy; it’s the only policy. When a mistake is made, don’t let it consume you. Uncover the problem and get to work on fixing it.” So what are the components that should be in your toolkit? 1. Blue Prints – Make a plan for the future 2. Level – Level your expectations 3. Nail – Nail down your value proposition 4. Ruler – Size up the market 5. Saw – Cut through the clutter 6. Pliers – Get a grip 7. Wrench – Tighten a hold on your market 8. Hammer – Knock down obstacles 9. Screwdriver – Don’t screw up  Did we miss anything in your toolkit? Do you have any special tools? Let us know below. This comic and post were created by Kriti Vichare for #entrepreneurfail: Startup Success.

Techli

Edward is the founder and CEO of Techli.com. He is a writer, U.S. Army veteran, serial entrepreneur and chronic early adopter. Having worked for startups in Silicon Valley and Chicago, he founded, grew and successfully exited his own previous startup and loves telling the stories of innovators. Email: Edward.Domain@techli.com | @EdwardDomain

Recent Posts

India’s rise in a fragmented world sets the stage for the Horasis India Meeting in Singapore

In an increasingly fragmented world economy, global alignment has become both an opportunity and a…

1 día ago

On route to Las Vegas: AI-supported resilience coach from Deep Care named Digital Health honoree at CES Innovation Awards 2026

The world-renowned CES Innovation Awards® program is an annual competition honoring outstanding design and engineering…

2 días ago

Cursor becomes intive’s core engine for next-generation AI-powered engineering

intive has expanded its AI ambitions with a new enterprise partnership that designates Cursor as…

5 días ago

HostMilano 2025: AI and Automation Transform Professional Kitchen Operations

HostMilano 2025 concluded its 44th edition on October 26 and remains the premier world fair…

2 semanas ago

Prezent AI reaches latest milestone following recognition as top software company in 2025

As the new year approaches, the Software Report—a trusted source for market research and industry…

2 semanas ago

Ness Digital Engineering and Vendavo to usher in new era of AI-led innovation

Now that AI has been on the scene for a number of years, we can…

2 semanas ago