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The role and responsibility of entrepreneurs is changing as India changes. This is an important issue to think about, because the nature of entrepreneurship is different in India- it is more complex, complicated and more granular than the West.
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List out business ideas and make your choice. Once you have identified your business idea, find out what you will require eg. Staff, inventory, storage space, communication network, stationary etc
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| Advice to Entrepreneurs |
Some of our entrepreneurs have taken time to share their pearls of wisdom and advice, to guide and motivate upcoming entrepreneurs. Golden nuggets that they wish they knew then…
Inspirational thoughts…
• It’s all about passion. Be passionate about what you do, and you are sure to taste success
• Be positive, determined and persistent. Remain motivated because you need to motivate others
• The harder you work the luckier you get!
• There is no substitute for hard work
• When things get tough, don’t give up. Find a reason to hang on when others quit.
• Have confidence in yourself and learn to trust your instinct.
• Build loyalty and pick the right person for the right job.
• Learn to prioritize
• Learn to trust people you employ
• Every entrepreneur makes mistakes, and she has to learn from her mistakes.
• Being “customer- focused is the entrepreneur’s business mantra
• Always have a contingency plan ready
• Prepare yourself, mentally, for years of hard work
• Be honest, ethical and creative. Remember to stay organized
Remember…
• Even if you work in a gold mine, you need to “dig” every day!
• Entrepreneurship is a “marathon” not a sprint!
• Success is getting what you want, but happiness is wanting what you get! |
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