Tuesday 21 April 2015

6 Lifetime Companions of a Successful Entrepreneur

“The Entrepreneur always searches for change, responds to it, and exploits it as an opportunity.”- Peter Ducker

Entrepreneurship Excellence
No one is a born expert; the course of life makes you one. It is very wisely said that life is our best teacher. Some live it the way it comes, but there are few who dare to believe in their dreams and take the untraveled path. Such a person is called an “Entrepreneur”.

The business world today is very challenging and complex than ever before. The introduction of newer and advanced technologies has made the corporate industry even more competent. When you decide to start your own business, you agree to have chosen a path that would require a lot of hardwork and dedication. No one wants to invest huge amount in business and then incur larger proportions of loss. Every business is formed with the sole reason of earning profits and goodwill.

Entrepreneurship and Leadership skills are the combined results of various pre requisites for an Entrepreneur. Even the small retail shop which you have round the corner of the street has a defined plan of action which is religiously followed by the shop owner and the others who run it.

In order to reach the level of Entrepreneurship Excellence you need to have the following assets with you till the end of your life. If you do this, then success will no longer be out of your reach!

     A well functioning watch: 
     An entrepreneur cannot afford to be late. Imagine your every second= 1 gold coin. Then would you do? You will try to save the gold coins as many as you can or you will keep on wasting them? Obviously you will opt for the first option. So, in order to ensure that you are never late for anything, a watch is the most essential assets which every entrepreneur should have.

     Optimism: 
     Failure and success follow each other throughout the life of your business. An entrepreneur who stops at a failure losses the golden opportunity hidden behind it. Remember, everything that happens in business has an underlying reason to it. You should have the ability to identify that and turn every failure into a stepping stone to reach your success milestone.

     There is no substitute for hardwork: 
     If you think that money or any other element can take the place of hardwork, then you are absolutely wrong. All successful entrepreneurs will give you one common advice to grow your own business i.e. hardwork, hardwork and continuous hardwork. A business is never successful enough for its entrepreneur to stop doing hardwork.

     Honesty: 
     A small lie can cost you your entire business. Don’t make this foolish mistake of attempting to lie or misguide any one through your business. An honest entrepreneur will cover the extra mile and will retain the place in the minds of the target audience forever. Entrepreneurship is not only about making profits, but also about building strong bonds with the people whom your business serves.

     Competent: 
     Being competent is essential, but considering others less competent is a mistake. Once you develop an over confidence regarding yourself, you will never be able to develop new businesses or even prosper in the existing one.

     Values: 
     One should never forget that before being an entrepreneur, he/ she are a human being. You should never compromise on your value system to attain certain rewards in business. You as an entrepreneur are setting examples for your generations to come. Do you want them to learn running businesses with a dishonest and corrupt value system?

All of this and much more can be learnt from iFEEL who is creating new entrepreneurs and develop Leadership skills in the existing ones. iFEEL is a world class residential business school located at Lonavala and is AICTE affiliated. Global Education Trust has established this Institute in the year 2010.

Along with the other programs which this unique institute offers, Entrepreneurship Excellence Program (EEP)/ Family Managed Business (FMB) Program is the newbie in its basket.

This Entrepreneurship Excellence Program helps to build strong and capable entrepreneurs who would be more than efficient in contributing substantially towards the economy. Innovation is seen in everything of iFEEL; right from its best in class Infrastructure to its creative learning methods. The students at iFEEL enjoy an enriching journey that leads them directly to Entrepreneurship success.

Are you a student? start up or an aspiring Entrepreneur?

Whichever category you fall in, iFEEL will change your life into a lifestyle which is full of opportunities and happiness!

Click here for more details.