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?