| Topic : Success Stories : Exploiting Global Leverage |
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Activity:
350 views;
last activity : 02 04 2011 06:32:28 +0000
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Correct Methodology,econometrics & field experince and
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Clear Vision
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Attitude to take risks !
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First be an intrapreneur
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Simply defined revenue model
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By use of Common sense.
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Innovation
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Keep building network
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with past experience in that field.
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We like it because its our own baby
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Continuous Improvement
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Has personal charisma to gather people with different backgrounds, skills, and characters.
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Have fire in the belly
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Customer Service & Satisfaction
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The qualities of enterpreneur. Experience and methodology of relevent field and goal set to convert one's skills into product relating to the field. Have clear Project plans and ability to mobilise resources in time to achieve the end result. Have stratagy to cope up with constraints in future. I am sure, These qualities are needed to become an Entrapreneur. |
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I do agree. One must have the energy and wil to gon and make the changes that are necessary in policy. Action is necessary but "hearing", observing the market and learn the lesson are "incontournables" compulsory.
i m fully agree with u mr mallaya..
Agree with all the points of Mr.Mallaya.Moreover an entrepreneur should have an inner drive to succeed.Entrepreneurs are driven to succeed and expand their business. They see the bigger picture and are often very ambitious. Entrepreneurs set massive goals for themselves and stay committed to achieving them regardless of the obstacles that get in the way.Also all entrepreneurs always search for new ideas and innovation.They have a passionate desire to do things better and to improve their products or service. They are constantly looking for ways to improve. They're creative, innovative and resourceful.
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In my opinion starting your own business can be a very fascinating and
frustrating times. There’s so much to do and learn, that many
entrepreneurs feel overwhelmed and lost. For any business to succeed, one need to set goals and accomplish
them. Without clearly defined goals, business will flounder. So with clear vision & prioritizing goals will help to maximize business’s growth.
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I fully agree with these gentlemen. Only those with a clear and focussed vision will succeed in life. Shen you have a target in mind and is committed to it, you will enjoy working to wards the success to it. But unfortunately lot of people have a vision but not a committment and passion to achieve those. "Vision without committment is Daydreaming.."
Yes, it will help you to chalk out your plan & then line of action.
Yes with clear vision , perseverence ,proper planning and last but not least support from one family is must for success..
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No risk, no game !!! |
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Take calculated Risk.
always make new mistakes ...
apply six sigma to it ... and repeat the procedure ..
jain , which new mistake you are upto .. i like your candid approach ..
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with out experience there is no sucess lies in the business first we need to become successful intrapreneurs after gaining experience we need to start a venture simple logic is that if we want learn driving first we buy second hand car we will learn driving and aftersome time we buy new car now we are masters in driving we don't commit any mistakes. working with others will help us to impart their sucessfull ideas ,culture,habits .Understand the type of business 4p's of marketing,try to build an organization with management skilled people ,with profit and cost centre .
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I agree to you MR.Gundupagi that one needs to understand how business is done before planning to start own business. One needs to work under someone else to gain knowledge, skills and experience to take right decesion when need.
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Any entrepreneur is a very focused and driven personality. He is normally a person who intends to establish himself in the field of business, has a clear vision and definitely some great ideas. But sometimes this vision is more at the esoteric level. The need to strike the right balance between vision and basic business sense - read horse sense; defines the difference between a successful and failed business man. |
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Sometimes we get too much clogged in obscure MBA jargon & complicated business models while the best thing to practice can be common sense. Best example- Warren Buffet. |
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A successful Entrepreneur must be innovative and search for opportunities which are still untapped and deliver " Something New " which is really different from others.
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Businesses always need assistance, and the person you met in a various meeting can help you secure funding, or the gentleman at a
conference can provide you with management advise. It is
important to form alliances with people who can help you, and
whom you can help in return. To succeed in business, you need to
possess good networking skills and always be alert to
opportunities to expand your contacts.
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to become an Entrepreneur. we must to have relevent experience in that field. we will get it. when we firstly start to work in that field & after understanding the concept we can starf our business with the help of past experience.
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previous experience is required to become enterpenuer.
He should understand where to take risk and not to take risk.
Discriminate between expenditure and investment.
Understand the season , unseason for products.
Deploy funds carefully. Make ur working capital work.let it not sleep.Avoid investment on dead stock.
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In very short and few words Entrepreneurs are successful because that is their own baby and they want it to grow left and right, they struggle unless they achive it... Same person startes working more harder then a being a employee and working for a employer/organisation, and also makes and performes best of him/her in other then self field. |
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Everyone one has weaknesses but I feel one should overcome those weakness and should strife for continuous improvement. Knowing that you have specific weakness which slows down
your progress in achieving your goals, one should work on them. Train
yourself. Start fixing that issue so that you don't have that barrier
in the future and move ahead. This process is repetitive and does wonders in problem solving.
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Has personal charisma to gather people with different backgrounds, skills, and characters.
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As a successfull entrepreneur, the most important point is having his/her personal charisma to gather people with different backgrounds, skills, and characters, make them work hard together for the same goal. Some entrepreneurs have technical background, some have finance background and some have sales experience, but the personal charisma or ability to agglomerate different people together is the most important in my point. Second point is haveing ability to know different people with different skills, and use them properly. An entrepreneur does not have to do everything himself/herself, but he/she must know who is the best person to finish a certain job. this point is also considered as having a good team. Third point is that he/her has a good understanding about the field which he/she is working in. He/she has a deep understanding about the market, and has a good knowledge about its future. etc .................................................................................................................... |
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Most important thing in my opinion is to have the burning desire to create something that creates profit. |
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Value your customer service and their satisfaction will help build a long term relation and shall lead to referrals leading to brand build up. Consider customer feedback seriously will lead to customer relating to the brand and in turn continual growth. |
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- Create a confidential Career Profile and Resume/C.V. online
- Get advice for planning their career and for marketing of experience and skills
- Maximize awareness of and access to the best career opportunities
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I would like to support Mr. Manjunath here. Bharat Ganarajya.. that is what it should be... |
@ Abhishekh He has clearly explained the differnce between an enterpuener and an owner.. But the problem of the debate is that we fall in neither as we are not into business.. But if he asks that what you wanna be.. I would love to be an enterpuener..... |
Believers believe and non-believers don't . No one can tell what will happen tomorrow but we want to get assurity which makes us feel more secure and so we want to believe in it. All the astrologers are taking advantage of this mentality. |