Entrepreneur's mindset

==Mark Rauterkus owns an entrepreneur's outlook.== 
Entrepreneurs must demonstrate they have identified an underserved need in a market and that this market possesses some very attractive economics.
I'm running for office as I've noticed and identified and underserved need. The citizens don't get the service that is needed from the politicians. The market here is the Pittsburgh region. I think that the market is not living up to its economic potentials.
As a candidate, I don't run for public office to make my economic future more attractive. Rather, I hope to stand for office to strengthen our regional economic conditions. 
Because companies that either acquire or merge with new companies do so to buy â€œmarket share,â€? entrepreneurs can be attractive as an acquisition only when they have achieved market dominance. This also applies to an IPO: young companies must be able to command an attractive price in the public securities market. They can achieve that premium only with market domination and healthy financials (think of Googleâ€™s most recent foray into the public market).
The Dems have market share in Pittsburgh. But a Dem who only gets 55% of the Dem's vote is not such a strong force. 
Second, you must have a clear and sustainable competitive advantage. Please note the word, â€œsustainable.â€? This means your business plan and your product have some very good barriers against entry by competitors. Your plan or product has made it difficult for others to compete with you, whether that is achieved through intellectual property rights, trade marks, or market positioning. You maintain your â€œacquisition attractionâ€? with a sustainable competitive edge.
Third, your company must be conservative with cash. Yes, Cash is Queen! (or King!) Excessively burning through cash will ruin your opportunity to have investors consider your management team to be capable of scaling your company through a large market initiative. Your previous management behavior is a projection of future management behavior. Investorsâ€™ confidence in you and your company is derived from what they see, not from what you say. Just remember, healthy margins make for healthy companies.