|
Startup
Guide
 Have
a big idea? Dreaming of ‘Kab Banega Crore pati’?
Driving down the road…and flash! You hit upon an idea that
could change the world. An idea that will put you into the annals
of history as a pioneer…but how and where do you start? I’ll
help you find out.
I
have a dream…
Making
history out of nothing at all! That’s an entrepreneur! The
ones who dare to pursue their dream despite knowing that the journey
ahead is not a cakewalk and they are the ones who know what success
is. They do not follow footsteps but prefer to create their own
paths. Where angels fear to tread, entrepreneurs boldly stare
in the face of peril. Entrepreneurs aren't born, they emerge to
taste success. It is a focused dream that propels an entrepreneur
forward. An unending resource of built-in enthusiasm and boundless
energy, coupled with a never say die attitude is needed by an
entrepreneur.
Here
are a few characteristics of successful entrepreneurs:
1. Focus! Focus! Focus!
Staying focused, and keeping employees focused on the goal --
is often one of the most difficult tasks of the entrepreneur.
In fact, one of the most important lessons business owners learn
early on is that their company can't be all things to all people.
2. Where is the dream heading?
Customers maketh business! Without customers, you can't build
a business. Its imperative for the entrepreneur to spend time
understanding the interests and buying trends of potential customers.
A successful entrepreneur is one who views the company's products
or services through the consumer's eyes
3.
Team-oriented. Build the Dream!
Entrepreneurs recognise that they cannot build or run their business
alone. Delegating responsibilities to teams of employees or even
outside consultants will not only allow the company to focus on
its core competencies, but also help improve the efficiency of
its operations.
4. Skills-oriented. Forward the Dream!
Each member of the team must have skills that can contribute to
the company's overall performance. The astute entrepreneur makes
sure that his team possesses a diverse skill base -- one that
complements his or her own skills and helps create synergism in
the team environment.
5.
Techno-knowledgeable.
Knowledge is the key! The entrepreneur must keep abreast of the
latest technology and take the initiative to hire individuals
who can implement technology plans and programs.
6. Dreaming Beyond!
Businesses today target the global market. Operating in a global
environment is not easy. Entrepreneurs need to understand the
trends, the economic and legal issues that could have an impact
on international markets and products, as well as the local customs.
7.
Restructuring the Dream.
A successful entrepreneur is one who is sensitive to the changing
marketplace, competitor strategies, and customer preferences.
It is crucial for an entrepreneur to adapt his products or services
according to the latest market trends.
8. Dreams to Reality.
Making money and profits necessitates effective management of
finances. Being financially astute, carefully managing vendors
and suppliers, and hiring the right team of financial advisors
definitely leads to a business flourish.
9. Make it Happen!
Successful entrepreneurs do not get overwhelmed or disturbed by
day-to-day problems. They muster courage to overcome all odds.
They have a vision for the future of their company. They strive
to understand the trends and forces that will influence their
ability to achieve that vision.
These
are only some of the characteristics that make an entrepreneur.
Take Kabir Mulchandani, Sabeer Bhatia, Azim Premji…they all
made it! . All you need is a dream! Find yours and make it big…
•
Archives
• Top
|
