Startup News Magazine

5 Tips to Successfully Take the Ride of Being an Entrepreneur

Web doctor Digital and IT Solutions LLP

October 17: It has always been thought that an entrepreneur’s life is a rollercoaster, but have we ever tried to pull out how an entrepreneur can survive on this ride? So here are five tips to help you sail this ride with whichever domain you choose to take.

After spending almost five years in Entrepreneurship, my co-founders and I made sure that the future of our business is more resilient. As much as the first three years were a big ‘crash’ and a crisis, it was also the opportunity to understand and create the life we always wanted. We had let our business take over our needs, which was the mistake we made, and we are thankful for the lessons we learned. We now use that experience in our own business and as business mentors helping our client’s businesses get more resilient.

To succeed, one needs to have grit, passion, and faith in the value of what one does. Sometimes the major mistake people make is that going into business gives them all the freedom to do whatever they want, but if you are not careful, the company can take over your life. There is always a lot of testing and measuring, and not everything comes so quickly.

Remember, if you are your business owner, you are solely responsible for the profits and losses, time in and out, projects in and out, employees, and everything. Your actions pay off eventually, and you realize later. Even when things don’t work according to your plan, you must be consistent and persistent in meeting the end goal.

Being persistent doesn’t mean just working hard. Take time for more clarity and make the path for the same. Sometimes when things don’t work as you wish, be agile and open to change that suits the environment. Celebrate the high- and enjoy the journey even more than the end goal. Here are five tips to successfully ride the entrepreneur’s journey.

  1. Good Foundation

Building a good support team around you is the most critical factor and utilizing them by asking for help has to be a seamless effort. Here we get reminded of the proverb, “If you want to go fast, go alone. If you want to go far, go together.” To bring in a team, you need a system and procedures. If you want to scale your business, you need a strong foundation.

  1. Emotional Intelligence

Being an observer of your emotions will help you guide your following path. Know how you can support your feeling, and that’s how you can take the key to your happiness. People think business and personality are different aspects of your career, but it’s not always true. Everything is personal, as we are all human beings. Being vulnerable has its strength. It’s ok to ask for help even when you are in business.

  1. Empathy

Try to relate to someone’s emotions, how someone feels, and act in such a way. Understanding is an excellent tool in resolving issues and in any negotiation. Developing a greater understanding helps you manage your team and grow your business. It’s not always about winning or two opposite sides. It sails smoothly when you know how to work in the most challenging situation and support each other in achieving the goal.

  1. Manage your Energy

Energy drives you, and if you don’t handle it effectively, it will burn you out. Be resistant, and reset your power until you move forward from a place of inspiration.

  1. Know your Worth

Align to your value set and operate from there. This helps you eliminate self-doubt and align with a sense of purpose. Don’t just manage yourself but motivate your team, as it allows you to create a good company culture. You will find all your team on the same page as top-down instructing. One honest way connects customers to your business, and that’s only when they strike a chord with you. Work with people who align with your values, and that is when you will be following your joy. When the business becomes stressful, keep reminding yourself that both life and business are fun- but keep the fun control in your hand and don’t let it be to lose; otherwise, none of them will work for you.

Whether you are the best mobile app development company in Sports [LP1] /Healthcare/E-commerce/Education or stand out in the market as the best digital marketing company in India, the best of any domain that’s your expertise, being able to push your limits often boils down to mind over matter. It’s easy to avoid such situations, sometimes even believing you cannot accomplish such tasks. These limiting beliefs can give you a setback. So here, question yourself- Why is it not possible? Who said it’s impossible? What’s the Plan B for it?

These set of self-assumptions on a positive note can help you sail the journey with lesser hiccups.

Please wait for some more facts and corrections from us. Till then, signing off as your best entrepreneurial mate- web doctor Digital and IT Solutions

Cheers, Lory Pattanaik, Prateek Gurjar & Paritosh Pandey