Entrepreneurship is not one day job its lifestyle. He or she should be aware of pros and cons before entering in to entrepreneurship. Here are the few things you should know before starting your entrepreneur journey.
People are frustrated from 9 to 5 job or think that few years of hustle make them big entrepreneur with this thought they come into business. They think about overnight success and this will lead them frustration and failure in their journey.
Check out – things you should know before starting your entrepreneur journey.
1) Believe in your guts:
Entrepreneur should have to believe in his guts that’s the key requirement. You will find many times your idea rejected or out of the finance .At that time you have to believe in your guts.
This is small thing but will help you to focus on your dream.
Don’t be hesitating to express your thoughts. Express it and be ready to fight for your dream.
2) Confidence is the key:
Confidence is key ingredient in every task. Without confidence person cannot stand in competition. Confidence will help you to face the odd situation and boost up your moral.
3) Start a business in which you are passionate and deeply interested:
Many budding entrepreneurs launch startup to earn quick money. They are money oriented. But these things will not help in long run. Choosing a passion and interest is key things you should know before starting your entrepreneur journey.
You need to start in area of in which you are interested. Start a business where you find a problem or idea for which you are deeply interested to solve it.
Choose what your heart is telling you not money. Ultimately passion leads happiness and success, while money oriented mindset leads you towards depression and anxiety.
Money is life blood for the business but choosing passion in business is wise decision as compare to waving hands in the ocean of fame and money.
4) Be prepared to face your family and relatives:
Facing family and relative is one of the hardest tasks but entrepreneur should have to be ready to face it.
Every new idea and thoughts comes with the opportunity and threats. Many a time idea face acceptance problem from society family and relatives. Entrepreneur has to be prepared for this kind of situation. It is difficult but solvable problem.
5) Focus on your goal:
Every entrepreneur should have to focus on their goal. He or she has to follow it in journey. Goal oriented mind set leads ultimate success.
Goal can be the best product, customer satisfaction, continuous innovation or anything. Stay focusing with goal and continuous improvement will lead good result in future endeavours.
6) Stay away from critics:
Critics are those who are always telling you do this and do that. Many a time they are forcing you to do things according to their way.
According to them new idea and product is not exist, generally they tell you that your idea is not fit for the customers and market. These things might be right in their universe but not in yours, so stay away from them and do your work. Let your success bring them down.
7) Choose mentor wisely:
Mentor play great role in startup. Mentor should be from your field and have good knowledge and experience in the field.
Mentor can guide you in business process and bring positive result from you. Good mentors are not only helping you in professional life but also help you in your attitude building process.
8) Don’t hesitate to share your thoughts and idea with people.
More you share thoughts with people more ideas and concepts you can generate. If you thought of someone will still your idea and be a millionaire that will not work.
It is not about idea but execution. People cannot think the way you think. So take it that way and Share, earn and learn from people.
9) Get ready to face the unknown market:
You are entering in market which is unknown to you. It is new for you and might be possible sometime you were alone in market.
At initial stage you may not get good return, face competition or government restriction and many more. For this kind of situation you should have to be prepared. Find your strength and just go for it.
10) Face the hard reality:
You will face reality of business when you jump in it. You will understand the value of money, team work, product, market etc.
Many times you did mistake and learn from it. It will be eye opener for you.
In many cases people are attracted towards entrepreneurship for earning quick money or want to left corporate job. But this should not be reason a valid reason to be an entrepreneur.
In this kind of situation people lost their money, enthusiasm, time and many things. So be aware of this reality and if possible take help of the mentor or successful entrepreneur. Take calculated risk.
11) Be prepared for anything:
Entrepreneur life has so many ups and downs. You have to be risk taker, innovator, Good marketing guy … In short jack of all. this things you should know before starting your entrepreneur journey.
Entrepreneur need to be problem solver. He or she should have to be prepared for facing any kind of threat, risk and situation. These things will not come with invitation so be ready to face it.
12) Choose partner and people wisely:
During this journey you will find many fake people. This may be your partner, Team member or anyone.
For choosing partner or team member you have to check his/her background, knowledge, personality assessment, interest area, passion, behavior etc. It will surely reduce your headache and help you in future.
You have read “things you should know before starting your entrepreneur journey” , So now be careful and analyse above things before starting your entrepreneur journey.
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