Wait a minute! Is that you in the mirror? It seems like this new ambition of yours has taken its toll on you. But initial discouragement is a part of every startup business. You will feel tired and let down consistently, but you need to bounce back. Remember a few things when struggling with disheartening and negative energies around you:
· There is no such thing as failure. These are your lessons that will make your startup a success.
· Do not compare yourself with others because you are on a unique path.
· Keep yourself detached from any rewards or awards. They are just useless distraction for the most part.
· It is time to change your rules about being happy. Try to enjoy your work and see where it takes you.
· At the end of the day, get outside and take a breath. Don't be so hard on yourself.
Sharing some wisdom for the Startups to facilitate their initial journey
1. Focus On Your Goal And Build A-Team Of Experts
Create a team of professionals and listen to them as they address their issues and struggles. Insulate them from any kinds of distractions so that they can focus better on your overall business goals. All your expectations from your team members should be very practical and achievable. Ensure that they understand your viewpoint and that your wavelength matches with one another.
2. Research – The idea, market and your consumer.
A successful start-up is based on a strong and innovative idea. Zeroing on a winning idea is not an overnight job; it takes days, months and may be years to come up with a strong and innovative idea. And for that, the startup founder must continue the research with focus and persistence. So many times it happens that a start-up changes the original idea based on the inputs received from ground research or on the basis of changing taste of the consumer. Insightful research would result in a better strategy, risk management plan and a clear vision for the startup founder.
Research also helps the startups to:
· Easily spot business opportunities
· Form partnerships with contemporaries
· Discover new locations to market
· Decrease your overall business risk
· Test new product designs and service processes
· Get useful insights on problem areas
· Create relevant and attractive promotional material
· Discover the right places to advertise
· Focus on Digital marketing strategy
· Address customer needs and grievances on the spot
3. Don’t Give Up On Your Dream
Dreaming is the sign of an ambitious soul. It is very essential that you do not give up on your dream of making your startup a success. A few things to avoid that keep you from realizing your goals:
· The fear of being judged by others
· Letting others influence your decisions
· Letting a failure get in the way of your vision
· Only seeing your failure and not learning from it
· Inability to discipline yourself
· You care more about the end result and not the journey
· Not believing in yourself and underestimating your strength
Stay away from all these feelings. Always stick to your aspirations and stay true to your ambition, and you will be able to turn your dream into reality.
4. Read & Align With Success Stories
An entrepreneur from the city of Aurangabad, Sachin Kate has a successful business in his kitty by the name of Clear Car Rental. From selling newspapers to owning a car rental company, his journey has been truly inspiring.
Have you heard about these 6 trainees from NIT Allahabad? Rootwork, which is the name of their brainchild; a company dedicated to creating bespoke apps for every smart device around us.
Read more and more about such successful startups.
Lessons That These Success Stories Give Us
· Always follow your mission and don't let any opinion or failure cloud your ultimate goal
· Don't be afraid to break from the traditional mould and venture into the unknown
· It is all about taking risks and experimenting with the opportunities you get
· Try to hone your skills and sharpen your already existing talents
Define your timeline
As a founder, you are answerable only to yourself. You would be able to achieve more in less time if you define your role, responsibilities, timelines and even KPIs. Be your own boss and critical manager. Set your goals and tally your performance against them. Success stories have proved that the founders who stick to their deadlines reach to the top, sooner and in better condition than other startups.
It is not easy to lead and spearhead a startup. You also need to recognize when you should scale up and change your role as an entrepreneur. Let knowledge and experiences flow into your life through an organic process. Remember, you are the source of this idea. With time, you will grow and evolve, and so will your startup.
Why don’t you share your journey of creating and nurturing your startup with us?