Most people think that some of the biggest challenges when it comes to starting up or running a business are things like “a great idea”, business capital, lack of infrastructure, lack of time, thick competition, and more.
Author: Abdul Vasi
We are all nice, by nature. If you are in business, we take that “niceness” to another level where we are almost willing to bend over backwards to please stakeholders, investors, customers, employees, and everyone else associated with the business. There’s nothing wrong with being nice, except when others begin to take you for granted and take your apparent “niceness” on a wild spin. You’ll get into more problems as you keep saying “yes” to everything. Learning to say No is the secret to success. Here’s how you can start using the all-too-powerful “No”: Scope Creep, Discounts? No, Is a…
Business is hard as it is and you don’t want to make it any harder. Thanks to technology today, running a business is as hard or as easy as you want it to be. Say hello to apps, SaaS tools, applications, and pretty much everything is available to make it slightly easier if you’d like (and who doesn’t like that?).
There are two ways to run your business: Run your business in a systematic, smooth, and seamless way. Much like a well-oiled machine. Run your business like it’s the middle name of chaos. Obviously, you wouldn’t want to do anything with the latter. You’d pretty much want things to happen effortlessly (almost).
Entrepreneurs aren’t machines; they are human. Humans make capitalism work. Life’s rush makes us forget that we have entrepreneurs in our midst who do what they can to try and sustain themselves while running their businesses. When entrepreneurs run businesses the right way, this act of entrepreneurship tends to provide sustenance to many others.
Broadly, we realized that not everyone call be an entrepreneur. Why, you ask? We started off on the true essence of entrepreneur and what some of the most basic requirements happen to be. Being a small business owner, however, isn’t just about a few qualifications or even experience. Instead, it’s about this:
Clay Collins, CEO of LeadPages, laid it out succinctly when asked what the most important for a business owner was: This is how he puts it: 1. Recruiting great people. So, I spend about 25% of my time on recruiting. 2. Setting the vision and communicating the vision, both to the market and to the company. 3. Keeping money in the bank.
Nothing works up our learning as much as listening to others narrate their experiences. If those experiences are entrepreneurial, we have even more reasons to lend our ears. If you have access to iTunes, there’s a world of podcasts that’ll bring the world of entrepreneurs, their respective stories, their out-of-whack journey, and their life.
With so many entrepreneurs sprouting up, the entrepreneurial ecosystem is soon turning out to be a crowded place.
Gaurav Sikka of The Next Web, writes that India’s rise can only be unmatched. From roughly 3,100 registered startups in 2014 to a projected 11,500 by the year 2020, it’s turning out to be even bigger and even more crowded.