In the recent times, the frequency of start-ups& company getting registered is way too high than the last year. Being entrepreneur nowadays has been regarded as one of the prestigious positions on the social ladder. The population of our nation is rising day by day but the number of jobs is reducing. Students are facing unemployment and are hence losing themselves in the darkness of frustration. At this time, the need of the moment is “entrepreneurship”. This refers to a field in which you will be your own boss. There shall be no one to let you down. So, today I shall give you some views related to entrepreneurship.
1. When you are an entrepreneur, you are your own boss. This means that there shall be no one to fix certain rules to you. You will be one who shall be formulating the laws and shall employ employees to work for your company. Freedom is far more superior with respect to other aspects of the job.
2. A well-planned entrepreneurship can be one of the best ideas to establish yourself and build your future. If you follow certain guidelines and a proper path to your goals, you will achieve the best in your life.
3. When you are an active entrepreneur who is very concerned about his business, you will face the greatest success of life. You shall not have to ever worry again as to how to find a job.
Entrepreneurship can be a great fun but with certain limitations.& high ambitions. If you have decided to be a good entrepreneur, be very practical and dedicated to your job.
Becoming an entrepreneur is not at all easy; it has many strategies that need to be followed. So, here are some of the things you need to follow:
1. Setting up a standard level of professionalism
You need to know exactly what is the goal of your company, how can your company be different from others, why people are demanding things from you. You must get an answer to all of these questions well before you take the next step. These points are enough to figure out as to which places in the company are to be updated and which loopholes are to be banished. If you do not study the value of your company in time, this will make your company face losses.
2. Identification & development of Customer Base
This is also a very important thing. You need to judge as to which of the customers are your customers. Suppose you are into a business where you have to tackle to solve the problems of your customers, in that case, you need to first figure out what exactly the problem is and also how correct or wrong is the views of your customers.
3. Developing necessary changes
Up gradation, development & evolution goes with hand in hand.Businessneedsgetchanged from time to time but the changes must be carefully studied before spending resources like money, time behind a factor. You must now spend your time or money on the improvement of those features which will not fetch you any profit.
4. Learn, understand & tip off your competitors
When you are into a business; be very precise that you are not the sole entrepreneur in that field. You have to face competition. You must not be proud of yourself. Understand the flaws of your competitor &realize your strength to overturn your competitors.
5. Put a focus on your strengths
Sometimes certain strengths can prove to work well rather than improving the weaknesses. Certain weaknesses may be such that you cannot afford to improve it. At such a stage, your growing and moulded strength will prove the best.
As I have mentioned above, that you need to differentiate yourself from your competitor to improve your flaws, this must be done incorrect methods. Sometimes young entrepreneurs are into a mistaken belief that when they are facing a huge competition, they cannot succeed in their motives.
But this is completely a wrong idea. When there is a platform for competition, it is a platform where you can prove your best. People always demand such products that are popular in the market. When there is no competition, articles can never be popular. So this is how you need to face the competition.
• You must employ such employees who can have skills and can put their best efforts to improve the qualities of the company. You must pay them good enough for their talents. This will increase their interest in the work. Hiring professionals at a peak time of crisis is a very foolish deed. This will make you face huge losses because this decision was done without a proper plan. When you choose an employee after judging his abilities, you get a perfect one.
• You need to question each and everything about why your company is facing lesser profits. Try to have an improvement test. But the test must be such that it does not become a challenge. Wrong challenges may kill your real objectives and then you cannot change the situation. Prior to any heavy challenges, figure out with little tests. If the tests face success, continue with it but with small little steps and if the test faces failure just stop it at the moment.
Frustration over a pretty little situation is, not a good sign at all. Success comes after many failures. Facing pressures and taking challenges can be one of the key elements to make you a perfect entrepreneur.
Never go following randomly the footsteps of what someone else did. You can take guidelines but that does not mean that you will follow each and everything the else has done.
There must be a perfect time division as to which portion of the time you need to study and the time you need to improve your business. You need to keep a balance between the two. Only then, you can do this. Occasionally the young entrepreneurs suffer from a lot of diseases because they do not have enough time for rest.
But, you must be careful about what you need to have a minimum of 6 hours of sleep daily. Only then you can be successful with your work. When you are young, you hardly know about certain legal things. So, you must have knowledge about how much you can do in your limits to improve your business. Entrepreneurship can be good part-time jobs for students but only if they can maintain their schedule.
Conclusion
The life of an entrepreneur is not at all an easy one. He/she has to go through many ups and downs in his entire regime. He must have a wide knowledge as to how to tackle risk. There are also risks like ambiguity and uncertainty of earning profits. But never be deemed with the random failures. Always follow the popular saying, “failures are the pillars of success!” this saying will prove to be a true one, some or the other day. You can prove to be a real gem, for yourself as well as for the society. Just preach the message of entrepreneurship and motivate more people as you can. Only then the burning problem of unemployment will be eradicated.
Nirdesh Singh
About the Author:
Nirdesh Singh has 10 years of experience in IT sector. He owns a development company Zedex Info Pvt Ltd. Where WPfixs.com is an in-house product of Zedexinfo and they provide WordPress support & services across the world. He is a co-founder of a fashion e-commerce portal called Fashionbuzzer where he manages finance and marketing. Connect him on: Twitter | Linkedin | Facebook
Entrepreneur India
It is one of the top sites in India which can give you a wide knowledge of how to become an entrepreneur. Becoming an entrepreneur sounds easy, but is not at all an easy task and requires large knowledge of things. This online site will give you a million brilliant ideas about how to become an entrepreneur. If you have any of the queries after going through the whole article, you may visit the site www.entrepreur.com.Benefits Of Being An Entrepreneur
Entrepreneurship can be a great part-time job for students. If you are too worried about how to earn money and facing a great crisis, entrepreneurship can be a great idea to earn something for a little span. But it is not advisable to take up the part-time job as a better aspect because it can never give you a steady flow of money. Not just this, it has a variety of advantages. I shall be telling you some great ideas.1. When you are an entrepreneur, you are your own boss. This means that there shall be no one to fix certain rules to you. You will be one who shall be formulating the laws and shall employ employees to work for your company. Freedom is far more superior with respect to other aspects of the job.
2. A well-planned entrepreneurship can be one of the best ideas to establish yourself and build your future. If you follow certain guidelines and a proper path to your goals, you will achieve the best in your life.
3. When you are an active entrepreneur who is very concerned about his business, you will face the greatest success of life. You shall not have to ever worry again as to how to find a job.
Entrepreneurship can be a great fun but with certain limitations.& high ambitions. If you have decided to be a good entrepreneur, be very practical and dedicated to your job.
How To Be The Best Entrepreneur
Becoming an entrepreneur is not at all easy; it has many strategies that need to be followed. So, here are some of the things you need to follow:
1. Setting up a standard level of professionalism
You need to know exactly what is the goal of your company, how can your company be different from others, why people are demanding things from you. You must get an answer to all of these questions well before you take the next step. These points are enough to figure out as to which places in the company are to be updated and which loopholes are to be banished. If you do not study the value of your company in time, this will make your company face losses.
2. Identification & development of Customer Base
This is also a very important thing. You need to judge as to which of the customers are your customers. Suppose you are into a business where you have to tackle to solve the problems of your customers, in that case, you need to first figure out what exactly the problem is and also how correct or wrong is the views of your customers.
3. Developing necessary changes
Up gradation, development & evolution goes with hand in hand.Businessneedsgetchanged from time to time but the changes must be carefully studied before spending resources like money, time behind a factor. You must now spend your time or money on the improvement of those features which will not fetch you any profit.
4. Learn, understand & tip off your competitors
When you are into a business; be very precise that you are not the sole entrepreneur in that field. You have to face competition. You must not be proud of yourself. Understand the flaws of your competitor &realize your strength to overturn your competitors.
5. Put a focus on your strengths
Sometimes certain strengths can prove to work well rather than improving the weaknesses. Certain weaknesses may be such that you cannot afford to improve it. At such a stage, your growing and moulded strength will prove the best.
Stand Out From The Crowd
As I have mentioned above, that you need to differentiate yourself from your competitor to improve your flaws, this must be done incorrect methods. Sometimes young entrepreneurs are into a mistaken belief that when they are facing a huge competition, they cannot succeed in their motives.
But this is completely a wrong idea. When there is a platform for competition, it is a platform where you can prove your best. People always demand such products that are popular in the market. When there is no competition, articles can never be popular. So this is how you need to face the competition.
• You must employ such employees who can have skills and can put their best efforts to improve the qualities of the company. You must pay them good enough for their talents. This will increase their interest in the work. Hiring professionals at a peak time of crisis is a very foolish deed. This will make you face huge losses because this decision was done without a proper plan. When you choose an employee after judging his abilities, you get a perfect one.
• You need to question each and everything about why your company is facing lesser profits. Try to have an improvement test. But the test must be such that it does not become a challenge. Wrong challenges may kill your real objectives and then you cannot change the situation. Prior to any heavy challenges, figure out with little tests. If the tests face success, continue with it but with small little steps and if the test faces failure just stop it at the moment.
Qualities Of A Good Entrepreneur
To be one of the best entrepreneurs you must be self-motivated. This means that you just can’t let your time to be wasted on pretty little issues. Whenever you get time, be quick enough to figure out something better. When you yourself are not motivated, no one can help you.Frustration over a pretty little situation is, not a good sign at all. Success comes after many failures. Facing pressures and taking challenges can be one of the key elements to make you a perfect entrepreneur.
Never go following randomly the footsteps of what someone else did. You can take guidelines but that does not mean that you will follow each and everything the else has done.
Motivating Students In Startups
Entrepreneurship can be taken up as a part-time job if the start of the business is to be made from the ground level. There is a lot of profit to the young entrepreneurs in this filed but at the same time, there are a lot of challenges to be faced. So, in order to be a good part-time entrepreneur, you have to stick to some rules. You wish to be a part-time entrepreneur only when you do not adequate time to do it like a full-time job. For this, you need to have a fixed schedule.
But, you must be careful about what you need to have a minimum of 6 hours of sleep daily. Only then you can be successful with your work. When you are young, you hardly know about certain legal things. So, you must have knowledge about how much you can do in your limits to improve your business. Entrepreneurship can be good part-time jobs for students but only if they can maintain their schedule.
Conclusion
The life of an entrepreneur is not at all an easy one. He/she has to go through many ups and downs in his entire regime. He must have a wide knowledge as to how to tackle risk. There are also risks like ambiguity and uncertainty of earning profits. But never be deemed with the random failures. Always follow the popular saying, “failures are the pillars of success!” this saying will prove to be a true one, some or the other day. You can prove to be a real gem, for yourself as well as for the society. Just preach the message of entrepreneurship and motivate more people as you can. Only then the burning problem of unemployment will be eradicated.
Nirdesh SinghAbout the Author:
Nirdesh Singh has 10 years of experience in IT sector. He owns a development company Zedex Info Pvt Ltd. Where WPfixs.com is an in-house product of Zedexinfo and they provide WordPress support & services across the world. He is a co-founder of a fashion e-commerce portal called Fashionbuzzer where he manages finance and marketing. Connect him on: Twitter | Linkedin | Facebook
