FIVE MANTRAS TO MAKE YOU A BETTER ENTREPRENEUR

FIVE MANTRAS TO MAKE YOU A BETTER ENTREPRENEUR

BE PROACTIVE

Change is much easier when you are driving it, as opposed to when it is happening to you. If there is a trend in the market, try to be at the front of the trend, rather than adapt to it later.

If you are not enjoying your job, it’s better to seek something else that is more fun, rather than wait, be fired, and then look around. Same goes for an entrepreneur.

Be it your personal or professional life, one of the most important principles is the idea of being proactive – make the changes that are necessary before they become inevitable.

DEVELOP SUPPORT NETWORKS

Change is hard. It is emotionally difficult. It also requires that you may need access to opportunities, and different types of help. There are people who get to a certain stage in their life and have no network at all; they become lonely and find it tough to navigate change.

Work on making your family ties stronger. Have a few good friends, and mentors who can advise you and help you make connections with other people. These people become the constant in your life.

DEVELOP RESILIENCE

The world has never been so turbulent. The fashionable word for it it, VUCA (Volatility, Uncertainty, Complexity and Ambiguity). Also, you can’t expect to be successful all the time. But you can’t get crushed by failure either. So you MUST develop tenacity. Tenacity is like a muscle – the more you stretch it and work it, the stronger it becomes. So you train yourself to overcome disappointment and failure.

DEVELOP A REPUTATION OR PERSONAL BRAND

What is it that you take with you professionally? Two things – your network and your reputation. If you have a reputation for being dishonest, it will travel with you. If you have a knack for attracting great talent, people will know.

You have to be perceived, and build a track record along these things. This is true both as an employee and an entrepreneur.

 

DEVELOP LEARNING AGILITY

The total knowledge in the world doubles every year. There are huge advances and new developments every year. So if you don’t develop the agility to constantly learn new things and reinvent yourself, there is a big risk of becoming obsolete.

As it is famously said about Darwin’s theory of natural selection, “It is not the strongest of the species that survive, nor the most intelligent. It is the one that is most adaptable to change.” So you must develop curiosity about everything, learn to learn new things, become comfortable with ambiguity.

Source: THE KATHMANDU POST Daily, 2017 Sept.25 , Page No. 09

FIVE MANTRAS TO MAKE YOU A BETTER ENTREPRENEUR