An entrepreneur is a person who makes money by making and running a new business and competing with the existing opponents in the market. Being an entrepreneur, your company faces dozens of problems, like, bankruptcy, financial difficulties, political risks etc. Par, Risk hai to ishq hai!
“Ammi jaan kehti thi koi dhandha chotaa nahi hota aur dhandhe se bada koi dharm nahi hota, ab yehi mera kalma hain aur yehi mera majhab!” –Raees
Thus, to become an entrepreneur and succeed in it, motivation becomes an inescapable thing. Remember the following:
Confidence has to be the most important! Never let the nay-sayers around you take you down, off your positivity and focus. At the same time, take care of your overconfidence as well.
Risk-taking becomes necessary while firming your steps inside the market. Playing safe is not an option. As Jeff Bezos has said: “I knew that when I was 80, I was not going to regret having tried this…I knew that if I failed I wouldn’t regret that. I knew the one thing I might regret is not ever having tried. And I knew that would haunt me every day.”
Knowing your audience becomes essential when it comes to selling products or ideas. Knowing your target audience is the fundamental aspect while one begins selling. Age, gender, location, purpose, season and other factors are considered in forming your targeted consumer.
Networking is one of the most important factors for entrepreneurs. It helps to increase your business. “Networking is an investment in your business. It takes time if done correctly can yield great results for years to come.” -Diane Helbig
Feedback helps to grow your business. It is a way of getting positive and negative reviews of the product. Feedback helps to grow the business and how you can improve your business.
Financial-management is another unavoidable aspect of the business world. Funding helps in a growing startup. Funding helps to explore your business idea. Starting a business from your savings is a risky factor. It also helps in investing money in fixed assets.
Criticism is a way to keep improving yourself. Handling criticism positively helps to improve your business growth. Dealing with criticism can bring positivity to business. Do not take criticism as criticism. Treat it like positive feedback.
Ending with another significant dialogue from Raees: “Joh dhande ke liye sahi woh sahi, joh dhande ke liye galat woh galat, isse zyada kabhi socha nahi.”
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Hi! I am HR, who loves to do craft and bring smiles to other faces also an outgoing person with "live Love laugh" motto.