By Jim Beach, co-author of School for Startups.

Ask the average person on street, “What two words most describe entrepreneurs?” and the answer is “creative” and “risk-taker.” Most formal definitions go something like this: “one who starts, organizes, and assumes the risk of an enterprise.” Both this connotation and denotation perpetuate inaction and are part of the problem in today’s economy – it stifles entrepreneurship. Instead of starting businesses, fantastic would-be entrepreneurs are waiting for a creativity lightning bolt and an interest-free loan for startup capital.