Do you want to be an Entrepreneur?
Well Everyone has ideas —- Some are Brilliant, While some are not so ….. In many cases, Startups even with brilliant ideas fail to survive for a longer period … this is due to lack of proper research and execution plan.
Here is a brief guide for those who are seriously thinking about becoming a startupper.
The first step to goal setting is having absolute faith and belief in the process. If you don’t have the confidence in yourself and your abilities, then you might as well forget about your attempt to achieve your goals. If you are in doubt, look around you. Everything you can see began as a goal in someone’s head. Turn your thoughts into reality.
Whether you have small dreams or lofty expectations, setting goals allows you to plan how you want to move through life.
“The trouble with not having a goal is that you can spend your life running up and down the field and never score.” –Bill Copeland
Dream big and start small-
Make sure that your dreams are not just realistic and achievable, but that they also challenge you.
Dreams are meant to be big. If you have dreams and they are not big, you have not started dreaming. It is only a dream when it is worth the sacrifice of your time, space, relationships, pleasure and freedom. If you are not ready to dream big, do not even bother dreaming at all.
The next decision you need to make is to start right away. You may have all the right strategies to execute a perfect idea, but if you do not start right away, they will all amount to nothing.
“The future belongs to those who believe in the beauty of their dreams” Eleanor Roosevelt
Work to learn, not to earn-
Before you look for earning first do learn because your real earning is learning. 99 percent of us focus on earning but with little learning, but not understanding that you can’t earn without learning, and you can’t earn more money without learning more about money, and today knowledge is the new money. Furthermore, learning helps prevent burnout, which ages your brain and causes you to be less productive, less creative, and has a shorter attention span.
Your brain actually wants you to learn something new and to challenge yourself. And, like taking a vacation, learning something new can recharge your batteries and give you new energy to put into your business. This is where education can literally pay off.
Join the community-
Joining any good community can be a great boost to your career, gaining up-to-date information and becoming more motivated.
Startup communities allow interactions among founders and interest groups that include investors and corporations.
One major advantage of belonging to one of the communities is getting knowledge from passionate individuals who have seen it all and have something to share.
And while learning from our own mistakes is incredibly instructive, there is no cheaper or more efficient form of learning than from others.
Enjoy more community benefits and contribute as well.
Identify good and bad ideas, early-
Good ideas are rarely initially viewed as such, and bad ideas are too easily mistaken for worthwhile ones. So we either feel conflicted, like our ideas aren’t worth more than writing down (if that), or we feel certain that the ideas that are really worth anything will simply resurface at some point in the future.
But the occurrence of an idea isn’t any indication for how valuable it can be. The only way to determine whether an idea is good or bad is to explore it, either by intentionally ruminating on it or moving forward with it.
“All good ideas start out as bad ideas, that’s why it takes so long”- Steven Spielberg.
Prepare to fail-
Hope for the best, but prepare for the worst. The meaning of the phrase is literal and advisory in tone. You need to be prepared to lose often before you really start winning.
You will fail. It’s inevitable, so you might as well begin preparing for it now. The failure may be small or it may be quite grand. How you handle that failure can raise or lower the risks of failing again.
“By failing to prepare you are preparing to fail. “—Benjamin Franklin.
Choosing the best location for your new business is a decision not to be made in haste. Choosing the right location is about so much more than finding the place that looks closest to the one you’ve envisioned.
The first step is to figure out what you need and not what you want.
Sit down and make a list of your needs. Then list out your wants. As you search for space, only consider the needs. If you happen to find multiple options that meet all of your needs, you’re then free to pull out your list of wants and use them as determining factors.
It’s about being somewhere your customers will see you, about being in a competitive location, about staying within budget, and about meeting local and state regulations and laws.
How to hire and maintain your company culture-
It’s one thing to be familiar with the way your team and colleagues work together. Yet, it’s another to actually be able to describe it and find someone else who will fit well into the group dynamic. So take some time to really observe, think about, and write down what your company culture really is. Company culture is defined by how employees interact and, to a certain extent, the normal expectations for company employees. Being expected to work late to meet a deadline is just as much company culture as your tradition of making jokes over cube walls or the monthly ‘Cake Day’ for everyone who had a birthday.
Once you know your company culture, the best way to hire those who are a good fit is to share. Practice describing your company culture as clearly and honestly as possible. Take the time to write an honest description about the team that is hiring, including the expected working hours and the general style of the team manager. This will help you even more than the careers page because candidates start their searches at job listings. A job listing painting an appealing company culture will help you drive well-fit candidates; those who really do want to join the exact environment you’ve described!
You’ve probably heard the advice: “Don’t hire for skills, hire for culture fit.”
The idea is that if someone is a good fit for your company culture, you can train them on the skills they need. But the reverse isn’t always true. No matter how much training you give them, you can’t really change someone’s personality.
If you do not have a strong company culture you may fail irrespective of talent and sources. If you pay attention to all the successful companies like Apple, Google, Amazon or Disney, the common thread you would find is its company culture. These companies have started with a vision and a strong company culture. They know what their brands stand for. What message they want to spread to its customers.
Work, by its very nature, presents challenges and growth opportunities. It requires us to improve and develop and become better versions of ourselves. The more we grow, the better at work we get and the greater the challenges become.
There’s only one thing you can’t go without if you want to succeed in any area of life, and that’s hard work.
“Hard work beats talent when talent fails to work hard.” ― Kevin Durant
In leadership, as in life, we can accomplish very little on our own. As we try to build a better organization, a better community, or a better world, we will inevitably be buoyed most by the relationships we forge and nurture. Leadership is all about people. The way we treat others will determine our success or failure.
When we treat people respectfully, value them, and influence them with honor, we earn enough good will to enable us to move forward meaningfully in a challenging and dynamic world.