My learning as an Entrepreneur
- Dream and believe in yourself
“You can often measure a
person by the size of his dream”, Robert Schuller. Very precise, concise and
apt. Few among us dream and yet fewer dream big. I dreamt and I live my dream
every moment. Don’t get perturbed when people don’t relate with your dreams. Remember
everybody is different. Not everyone will believe in you and your dreams. Just
believe in yourself. Needless to say, dreams change!
- Have a clear outlook
“First define, then refine”,
Bill Guild. Very Often, we don’t define clearly what we intend to achieve or
where we intend to reach. We are often sucked in by the obsession of refinement
and in the process don’t end up defining our goals clearly.
- Keep pushing the limits
“They can because they think
they can”, Virgil. Just when you feel that you have given your best or that you
just can’t do more, try once more. “Limits like fear is often an illusion”,
Micheal Jordan. It has worked for me. At times, when I thought that I had given
my best shot, but pushed myself once more, it worked.
- Not all days are same
“If you can’t accept losing,
you can’t win”, Vince Lombardi. There will always be days and moments when
things won’t go your way. I learnt to take the blow on my chin as part of the
experience. We need to accept that things will always not turn out the way we
wish.
- Pick the right team
“The first
method for estimating the intelligence of a ruler is to look at the men around
him”, Niccolo Machiavelli. I always believe in having minds around me who are
brighter than me. Only then does it allow me to delegate work and not
constantly keep looking over my shoulder for its progress. But then as Harry
Firestone rightly remarked,” You get the best out of others when you give the
best of yourself”.
- Be ready to fall
“Failure is simply the
opportunity to begin again; this time more intelligently”, Henry Ford. It’s
just a way of looking at failure. Either we can let despondency set in and be
sucked in it or we can take a lesson out of it. I believe that from experience
comes wisdom which equally comes from failures. It’s just a way of looking
positively.
- Don’t think too much
“The problem with the
world is that the intelligent people are full of doubts while the stupid ones
are full of confidence”, Charles Bukowski. We think too much and much of that
thought is on how we could fail and not on how we can succeed. I think while
it’s reasonable to be circumspect, it’s wiser to be able to find solutions.
- Fiscal prudence
One of the most important
seeds for business is capital. While it may not be scarce for some, but it
definitely comes at a cost. It’s only imperative then that we value it. While
we have money, we should always know its cost and the value which can be
derived from its use. There will always be the urge to spend but the urge to
know the value derived should weigh more.
- Listen
“Silence has a
strength that very few people can control”, Steve Aitchison. Many of us are in love with
our voices. However, listening more often leads to more solutions. The more I
have heard people and the more they have spoken, I have found that it has been
relatively easy to resolve issues and find solution to problems.
- Small steps are better than giant leaps
“Success is the
sum of small efforts, repeated day in and day out”, Robert Collier. I have always
believed in taking small steps. While leap of faith might spur some into
action, it nevertheless comes with commensurate risks. I am of the opinion that
small steps usually have small manageable risks which an organization is better
able to maneuver. It makes little sense to expose an entire organization to
great risk just to achieve a pre-conceived landmark of an individual at the
helm of affairs.
Written By
Sumit Singh
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