In Depth

Here’s some advice for the first-time entrepreneur

Sharika S Nair
13th Mar 2017
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You want to do something. You’ve thought about it and you have wanted to do it all your life. But with all the success stories of startups and businesses that you keep coming across, you also notice those that failed. Well, everything has its fair bit of risks involved. With so many ideas for business coming up, the future looks bright for entrepreneurship.

If you’re just starting out on your entrepreneurship journey, here’s some advice for you.

Image : shutterstock

Image : shutterstock

Believe what you have is the best

Your idea might not change the world. It might not be path breaking either, but you have to believe it is the best. If you believe in it, naturally the world will, too. If your venture helps solve an issue, then you could pull it off well. It should be of importance to you and your customers.

Seek innovators

Surround yourself with the right people – fun loving, positive, and enthusiastic. These are the kind that have an open mind, and are ready to innovate. They constantly think of moving forward for the better. Their enthusiasm is contagious.

Read

There is no dearth of information be it on print or online. All you have to do is get yourself to read. In case you need more information to help you, reading is the best option. It not only keeps you updated and smart but also helps you to get involved in discussions and forums. A well-read person will always be rewarded.

Network and interact

Get out into the open and meet people. Interact and participate in forums. The more you share your thoughts and ideas with others, the more ideas will come to your mind. You could also get many insights from industry experts themselves. If not today, someday a contact or meeting will come in handy.

Get your hands dirty

If you need to jump onto a truck or build something, then do it. It helps to do things hands on. Why wait for someone else to do it for you? After all, it is your brain child. No one knows it better than you. Taking help on the way is fine but the one who has to be proactive is you and you alone.

Learn to give back

We often come across companies that seem to be doing some or the other activity in the name of social service. It’s good to keep philanthropy in mind, but also ensure that you are doing it for the right purpose. Learn to help in any significant way you can and get your team to do so as well. This will teach everyone the power of humanity, which goes a long way when you run a business or venture.

There are numerous opportunities out there for you. All you have to do is grab it now!

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