| Topic : How to Start a Successful Startup? |
|
|
Startup World |
Entrepreneurs: Success Stories |
Young entrepreneur’s |
1 more ...
|
Activity:
59 views;
last activity : 06 29 2012 05:24:13 +0000
|
|
|
|
1
It is very important to get eminent people on board
2
SWOT Analysis
3
Prepare for them
4
believe in desio makers
5
Planning & Implementation
6
Get Management Consulting Services & Counseling
7
Be Headstrong
8
SWOT ANALYSIS
9
Confidence & Patience
|
||||||||||||||||||||||
|
|
Having people on board who have deep knowledge and experience in the field makes an impact in the way an organisation is structured and the way we deliver. But getting these eminent people on board is a challenge. And in this regard networking helps a lot. But to make this strategy work, one must keep in mind that the talent is not working under you, but working with you. You must create an organisational environment where everyone works at the same level as a team. |
7
|
THOUGH AS YOU HAVE STATED,GETTING EMINENT PEOPLE IS DIFFICULT,NOT IMPOSSIBLE,THEY MUST BE IDENTIFIED,INCLUDED IN THE BOARD,THEIR EXPERIENCE IS TO BE SHARED AND THEIR SERVICES IS TO BE FULLY UTILISED.STRATEGIC DECISIONS COULD BE TAKEN WITH THEIR GUIDANCE AND IMPLEMENTATION PART IS TO BE DELEGATED TO THE SECOND LINE DEFENCE.THEIR ACTIVE INVOLVEMENT WILL DEFINITELY LEAD THE ORGANISATION RIGHT IN ACHIEVING THE OBJECTIVES. AND INCREASING THE BOTTOM LINE.
It is right but at the same time he has to study the external business environment. An organization must be able to pass through changing environment. The organization or the entrepreneur has to be adaptive or creative. In case, it is adaptive to the environment it will survive and probably enjoy modest growth. In case it is creative , it will prosper and even contribute to the changes taking place in the external environment.
Thanks for the referral Ms. Veena
I agree support from eminent people and power of knowledge are key for success in entrepreneurship ventures.
|
It is very much important for any business although it belongs to small scale or large scale. Entrepreneur have proper knowledge about the strength & weakness of his business internally. And What are the opportunities available for his business in external market with possible threats he has to face? MBO plays major role to overcome from any situation. Good managers, decision makers and strategic policies very much required these days due to excessive competition............ |
4
|
|
|
Making your business grow is like executing a project ; you need to plan ahead , and prepare yourself , not only for the day to day details , but also for the flash points , the disasters in the making. If you do only the first , you will certainly succeed , but a day and situation may come when you will be caught unawares , and all your efforts can be negated by one single mistake. Challenges in a business can be financial , related to getting more business on a regular basis , employees related , statutory , on the supply chain front ,... there are an infinite set of areas to look after. Since it is very unlikely that you , on your own , can look after all of this , it is important that you get at least a few key areas looked after by specialists , so that you are free to concentrate on the bigger issues. If the day-to-day matters can be handled by someone else , you can take up the responsibility of looking ahead - what will happen six months from now , a year from now , how should you tackle the competition ,... The more questions you ask , both of yourself , as well as of others , the better. My opinion would be to concentrate on your strengths instead of your weaknesses. All businesses have weaknesses in plenty. It is their strengths that see them through tough times. Build on your areas of strength first , and then tackle your weaknesses , if you can.
|
2
|
Thanks for invite Veena,
Taking a plunge may have been the easy part.
Prepare with patience to persevere and persist to progress.
Hello Veena, The three points you have refereed, all are relevant to run the business. There may be mistake sometime, but you should correct yourself next time. Further challenges can be overcome by experience and learning from others. It is advice able to delicate the authority to your subordinate to get better results. As a entrepreneur you can plan and execute the business peacefully.
K Rajagopalan.
|
|
entrepruener ship is alone not sufficient, a sense of management, financial andhuman capital are also required. Good Decion makers are the most successful peopleare tyhe order of the day
|
0
|
|
|
Proper planning and its implementation helps to solve many problems.
|
0
|
|
When it comes to overcoming challenges in business and life, there is a lot that can be said and done about this. It depends on the type of challenge that you are facing, which determines the best way for you to overcome them. To help you overcome challenges you must know and understand that you will have them throughout your life and business. Acceptance is key. Sometimes you can plan ahead for certain challenges, not all of them but just a few. If and when a challenge does arrive, take some time out to really think about things thoroughly. Take a look at your resources to see if you have enough help to overcome these challenges. Figure out where you need to start or who do you need to turn to. Once you figure out the basic steps to overcoming challenges, you can improve your chances of success in this area. If you can't do it alone then you should seek out management consulting and counseling services to help you. ~CEO Business Management Solutions: CEO Business Management Solutions is a company that provides business management consulting services and coaching: www.CEOBusinessManagementSolutions.com |
0
|
|
The entrepreneurship is itself a dynamic entity.This characteristic separates such a person from others.A person of such an capability can deal with any eventualities what we call headstrong person and is fit to become an entrepreneur. |
0
|
|
swot analysis is the best thing to know about your internal capacity as well as the opportunities. first step for a entrepreneur is to take out a details swot analysis of his internal source and the business he/she is in...then prepare accordingly..
|
0
|
|
Thanks for the referral Mr Vipin One should be confident with the decision taken by them, and as many people would not support the decision patience is required to put forth your idea into action. |
0
|
|
|
Technology in India is one of the most lucrative sectors, now and in the future. Without a... |
|
|
258 referals
49 arguments,
551 views
|
|
|
Today, the "Right to education" law was passed. But, though the fundamental right promises one... |
|
|
265 referals
5 votes,
425 views
|
|
|
A profit generating business with a social cause is called Social Entrepreneurship. The concept... |
|
|
1706 referals
47 comments,
1066 views
|
|
|
|
|
|
|
Twigmore is a new app on facebook, a start up which focuses on Travel and friends, i.e., it will recommend traveling to the destinations your friends and their friends have traveled. This is because they bellieve that while most of the travel... |
I second MR.Saket jain here. There is no monopoly in any field if we take the global prospective. |
Budding business owners should go virtual wherever and whenever possible. In a fledgling startup, the last thing you need to worry about is excessive infrastructure or expensive overhead. It’s already a difficult enough task to generate income... |