Let’s face the reality, all the
working professionals have that one sudden feeling wherein they imagine
themselves to be in the place of their Boss. Who doesn’t want to start a new business and enjoy all
those privileges which are entitled only to the boss? I am sure all of us do.
This feeling is quite normal and is the result of the current highly
competitive business conditions. Now is the time to convert this most dreamt
about thought in reality. Use your potentials, capabilities, creativity and
efforts in the right direction and start your own business.
Firstly let’s understand how
you can benefit by being your own boss/entrepreneur
Enjoy the freedom to choose who
you want to work with: many a times in organizations one complains
of not being able to gel up with few colleagues due to different reasons. Now
obviously being just another employee of the company, you don’t have any option
expect adjusting. This shows its effects on your work performance. So why not
be your own boss and choose who you want to work with, the management rules
etc.?
Grow your own business: once you are an Entrepreneur,
you get the chance to grow your own
business according to your own creativity. You can follow your instincts
and explore all the variations of business.
Create opportunities for
yourself and others as well: once you start your journey as
an Entrepreneur, you don’t grow alone. You play a vital role in the lives of
your employees. When you grow and expand your business, opportunities are
created for you and your employees also. So there is a balanced fulfilling relation
which increases your profits due to its positive impact.
“Great power comes with great
responsibility” is the proverb taught to us since school age. This is the best
example to understand that if being an Entrepreneur is so advantageous, the
responsibilities of it would be even larger.
Your role as an Entrepreneur:
- Have a detailed plan of the business idea: you should have a unique detailed plan for your business. Your business won’t stand a chance unless it’s able to stand out in the market crowd. Your plan should be in your mind and then appropriately put down on a paper so that you can make it reality!
- Human resource management: Your employees are going to define your success or failure. Without the proper human resource in your company you will not be able to run a new business. You should select skilled people as required by your business. You and your employees go hand in hand on the road to success.
- Research: you should be updated about the slightest movement in the business industry for which continuous research is required. By doing this you learn what your competitors are doing in their business, get a chance to learn from their mistakes and formulate new improvised strategies for your business.
- Define Your Products , Specifications, Features , Pricing
- Understand your competitors, How would you position your company in the Market Place especially in the mind of consumer
- Plan your Inventory , Logistics, Vendors , Suppliers etc
- Execute your Business Plan Meticulously as execution is the key to success.
We at iFEEL completely
understand your needs and how to groom aspiring Entrepreneurs into Successful ones. Entrepreneurship Excellence Program is
the most unique and customized Program designed keeping in mind the
requirements of Entrepreneurs in today’s challenging times. It also has the
weekend Entrepreneurship Excellence Program to add to its uniqueness.
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