Part 2 – Entrepreneurship

We all have desire to become free :
• Free from Job, rude boss, 9-7 routine, stress
• Free from regular financial crisis.
• Free from timing problems between office, home and social life

So what is the solution……………….ENTREPRENEUR……………….become ENTREPRENEUR

But wait, if it was so simple, then everyone will become the same and no one doing job……………so what stops most of them to become entrepreneur ??. Lets see some of the factors :

• Risk taking factor: risk to think out of box (routine job), risk to convert idea into action, risk to stake yourself against your goal and many more
It is the essential one primary requirement. Risk may be moderated, calculated but it must be there.
• Innovative: Innovative does not mean something totally new, it is not at all necessary that you require unique, monopoly type idea to start any business. You can start any business and with your innovative nature you can take your venture to new heights. It may be some process innovation, management innovation, production mechanism innovation, marketing innovation …….it may be anything but it must be there. You can say it is secondary requirement.

Some good Management and Entrepreneurship things

First of simple definition of the both terms:

Management : to manage the things, it might be administrative, strategically or anything.
Entrepreneur: to initiate and manage and complete and expand
Every Entrepreneur is good manager, but not even 5% managers are good Entrepreneur.

So what stops them to become Entrepreneur…………………………..
is it risk taking ability (but they are taking risk in decisions most of the times at strategic levels),
is it lack of exp or edu (they got topmost education and exp since their childhood most of the cases),
is it their attitude (but they are already successful with same attitude in their professional life)
So list is bit long, we will not go into dipper, because I am more interested in Entrepreneurship……………not the reasons, circumstances, opportunities, background

My driving force is the “DO SOMETHING NEW OR DO SOMETHING IN NEW WAY”, and I don’t see any hurdles like time constraint, support, opportunities not available or anything. They can only delay, but they cant stop you to become Entrepreneur. This feeling is within most of the time, and by chance sometimes. There are some examples available for motivation purpose like Dhurubhai, Karsankaka and many more. There are some books like “Stay foolish Stay focused” “ Connect the dots”, “management ni bodhkathao”, “Good to Great” which will surely made you feel like Entrepreneur or good manager.

Now lets look at one real-time example of innovative Entrepreneur,
• At Tirupati, in main bazaar area, one person has started a new kind of shop, where there is only sitting arrangement with AC and good relaxing chairs and TV…………he is charging some 20-30 rs/hour for the same………….

Rest continued ……………………in part 2

Don’t Demand the things, make it happen

Today I learnt a new thing, don’t demand much, just explore another ways to getting things done. I will elaborate more once I implement the same and get results.