Entrepreneurship

Being an entrepreneur is extremely hard, but liberating to some. Being your own boss and making your own hours is an enticing part of the deal, not to mention you are doing something you love. Not many understand the hardships and obstacles entrepreneurs have to overcome to get to making money.

The task can seem daunting, especially for those who have never experienced a situation like creating your own business. Here are some tips you may want to take a look at if you are a first-time entrepreneur!

Remember, being an entrepreneur is all about what you think is right for your company and yourself, so modify these to your situation so that they can be effective in helping you grow!

  • Understand your product:

    This might sound weird, but understanding a product you made is crucial to helping you market it. Make sure you know what makes it stand out from the competition, and if there is no competition, know that too!

  • Don’t do it by yourself:

    Get help! In a small business setting, one person may be enough, but at some point, you will want to hire someone, whether it is family or someone else, to help with this monumental project.

  • Be confident:

    Remember to always be confident not only in yourself but your product and in your business as well!

  • Take criticism:

    There is a difference between criticism and hate. When something seems to need improving from an outside perspective, consider feedback. Hate is putting your product or your company down and being spiteful instead of trying to help. Know the difference!

Entrepreneur

Have a solid plan in business

Whatever you offer as an entrepreneur, your product must be unique and attractive to get your plan growing. Yet, you must make it as a passive income as well . Think of all ways of failure and try to prevent them right from the beginning.

Remember! you are a startup!

The temptation to splash many fancy companies must be resisted . You should never forget that you just have started. You need to maintain lesser expenses on business than the income received.

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Have a trusted guide

A guide or a mentor is always a boon for you when you are feeling down at any point of time. They are not the one who is going to take over you , but the one who helps you in need and leads you to your success.

Look after you SELF:

Since you don’t have to work 9-5 anymore, you must take care of your mind and body to be full of health as well. All the money you get as revenue in business is a waste of time if you are not healthy. Have time for yourself and take care of your own. Prioritize yourself !

Say NO to stop learning:

You are never completed in learning. So never stop learning. Get taught from your life experiences as well as from tutors. There are training and programmes to enrich yourself with immense skills in management, emotions, communication and a lot more.

Sharpen your skills with travelling, listening to podcasts of experts, TED talks, media campaigns and the other areas of your interests.

An entrepreneur is the one who starts, builds, bears the risks and enjoys the rewards.

Be the one , feel entrepreneurship!

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Banglore, Karnataka

Email

anand@nanjilanandfoundation.org