In below video the Top 5 Errors Of Aspiring Entrepreneurs and the 6 following steps to launch your business:
1) Do tons of research. Become a master of your market place : customers, competitors, what their problems are, know your market place better than anybody else. You beat others by being better in knowing the market place.
2) Test, test, test a lot of different possibilities. Be open to a range of ideas.
3) Look for things that have practical value for people.
4) Look for the actual problem that people have in their lives, use that for your new ideas.
5) Prove at least one marketing avenue, i.e. one strategy to getting eyeballs looking at your product/service. Proving marketing avenue is more important than your product/service.
6) Prove your cashflow, can you generate a sale?
7) Work on cultivating self gouvernance. Start taking your emotions very seriously. The biggest thing holding you back is your own emotions.