Entrepreneurship – Heart Smarts, Guts Luck

2504

priyanka t

Entrepreneurship…!! Ideas…!! Innovation…!!The most trendy words of the present day heard around the globe .Entrepreneurship ,as a word ,evolved in the present era and Entrepreneurs are growing exponentially in the modern society but it has taken it‘s roots right from the very ancient times even before the industrial revolution has begun .Yes ,Frenchmen who organized and led military expeditions were referred to as “entrepreneurs” in the olden days. Theword Entrepreneurship actually means “to undertake” .It ‘s definition in the present industrialized world has gained much more scope . Entrepreneurship is the pursuit of opportunity without regard to resources currently controlled .The crux motive of entrepreneurship is to transform the dreams into a profitable truth .
Entrepreneurship is living a few years of your life like most people won’t ,so that you can spend the rest of your life like most people can’t .On one extreme an entrepreneur is a person of high aptitude who pioneers change ,possessing characteristics found in only a small fraction of population and on the other extreme of definitions ,anyone who wants to work for himself/herself is considered to be an entrepreneur .There are no shortcuts to success .The entrepreneurial journey is extremely difficult and challenging but if pursued with a plan ,it leads to success . Entrepreneurs when approached entrepreneurship with a structured methodology paves way for the world of flying colors .The two best times for entrepreneurs lie at the bottom of the cycle and the top . While at the bottom ,he opines ,entrepreneurs recreate themselves ,working out what to do with less money ,at the top of the cycle ,it’s about how big one can get and how to get there .
“Think doubt and fail
Think victory and succeed. ”
To become a successful entrepreneur…YOU NEED SOMETHING MORE THAN PASSION!! perseverance , persistence ,planning ,stubbornness ,empathy ,fairness ,hard work ,listening , vision ,calculated risk taking ,leadership ,motivator ,focus ,self starter , tenacious ,problem solver , trouble shooter , multitasking ,audacity , intuition ,positive attitude,handle failure ,courage ,faith , relationship , negotiation skills , energetic .All these put together drives an entrepreneur towards tasting the sweet fruits of success.

“ It takes a lot of courage to stand out from the crowd and
swim against the stream, and it is those who brave the
challenges in the path who taste the sweet nectar of success . ”

Entrepreneurship has it’s foundations laid on new products ,new production methods ,new markets and new forms of organization .Imagination ,Ideas ,Innovation play a major role for the bright future of an entrepreneur . The desire to grow a business requires combination of character ,talent ,vision ,energy , and luck .Tenacity , perseverance , courage are other characteristics of the world’s most successful entrepreneurs .They need a high level of tolerance for risk .They have to believe in themselves , sometimes against great odds and they have to be prepared to pick up the pieces and start over again if at first they don’t succeed .Entrepreneurs exercise creative freedom ,higher self esteem and an overall greater sense of control over their own lives .To be successful an average entrepreneur has to leave the comfort zone and take many risks .The role of the entrepreneur is absolutely vital in the ‘cut and thrust’ of the modern competitive world of commerce and trading .An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.
India is being attacked by baffling problems of over population ,unemployment , under-employment, poverty and the like. Entrepreneurship is consistently equated with the establishment and management of small business enterprises and setting up these is a solution to these problems. Entrepreneurship is a key to the success of economy .Fostering a robust entrepreneurial culture maximizes individual and collective ,economic and social success on a local ,national ,and global scale .As it provides employment to huge mass of people ,entrepreneurship heads nation towards better opportunities that contributes to a nation’s economy .Entrepreneurship strengthens the economic growth of a nation ,gives power to society ,speeds up modernization and transforms way of thinking of the common man .It is the economy’s lifeblood .
Entrepreneurship contributes towards research and development without the boom of which the world would have been a drier place to live in .Inventions made in such,makes life much easier and helps to lead life in a much trendy way .Entrepreneurship creates wealth for nation and individuals as well and raise the standard of living of people who would have been without employment if companies have not been set upwhich in turn would become a cause for the fall of nation’s economy .It provides sky-scraping heights of apparent prospects .The knowledge and skills that he/she develops while owning his enterprise are his assets for lifetime usually ,lacks when a person is under employment .An individual goes through a grooming process when he becomes an entrepreneur .It is the best career path that can be chosen if the person is a challenging freak .
Experience of research leads to quality teaching ,quality teaching imparted to youth in turn enriches research .Science is linked to technology through applications .Technology is linked to economy and environment through manufacture of knowledge products .Economy and environment are linked to technology, which promotes prosperity to the society .Innovation should be used to generate high value-added products for becoming a global player.
Two sides do exist for every coin .There is no coin with a single side likewise every aspect in the world has it ‘s pros and cons .Aim high ,Don’t stop dreaming .Yeah !!That is true .Practically things don’t work out as easily as we assume them to be. Some say that successful entrepreneurs are born, not made. Others disagree ,saying good entrepreneurship is a talent that can be learned and nurtured .The truth probably lies somewhere in the middle .The desire to create and grow a business – large or small requires a combination of character ,talent ,vision,energy ,timing ,and a bit of luck .Missing of any of the elements leads to an Entrepreneurial failure .Many of them can be achieved by hard work but what if luck doesn’t favor ?We just loose the race .Entrepreneurs should be prepared for both success and failure . “Water, water, everywhere, nor any drop to drink. “ This is the reality of Entrepreneurial resources .Resources for entrepreneurs may appear to be abundant, but their abundance is more easily sighted by the successful small business than the ones in trouble . Entrepreneurship is not for everyone.

“ Far better it is to dare mighty things ,to win glorious Triumphs ,
even though checkered by failure, than to take rank with those
poor spirits who neither enjoy much nor suffer much because
they live in the gray twilight that knows neither victory nor defeat .”

Think before you act .Analyze your abilities and skills .Weigh your risk bearing factor .If all set ,YOU ARE THE ONE BEST SUITED TO BE AN ENTREPRENEUR .
THINK LIKE AN ENTREPRENEUR
LIVE THE LIFE OF AN ENTREPRENEUR
YOU CAN BE THE KING WHO RULES THE KINGDOM OF ENTREPRENEURSHIP .

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5 Comments

  1. Gafoor says:

    Good

  2. Priyanka says:

    No sudheer.I am not an entrepreneur yet,but would be in future 🙂

  3. sudheer says:

    are u an Entrepreneur??????????

  4. Reader says:

    what a article ……….. that’s beauty dear :p

  5. Shekhar says:

    Nice article Priyanka

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