Design Your Own Future, Be an Entrepreneur

Azim Premji, N.R.Narayana Murthy, Ratan Tata, Prannoy Roy, who are they? What do these people do? How do they become so influential among 7 billion people in the world? What makes them so popular? The answer to this question is just “ENTREPRENEURS”. Yes, they dream, create, achieve, and repeat.

All these people were crazy about ideas and daring to take risks in their life. They thought of creating their own future and designing the life of millions. Around 60.3% of successful entrepreneurs started their own firms just because the standard working model did not suit them.

If you wonder how come these entrepreneurs can change the fate of millions like us, then it’s hard to believe that it is possible to even possible by every single person. When you have the guts and working towards your passion, you too can be such an influential person in history.

Entrepreneurship is the key. Small businesses have generated over 65% of the net new jobs since 1995. Becoming a billionaire is the most common thought running at the back of mind in almost every soul who dreams big, but how to do that? The answer is simple, start your own business. It’s never late to start.

Where to Start?

Okay, if you are one of those souls who really dream big, then you are obviously ready for the challenge. Starting a business on your own doesn’t really look like a great threat, but the problem lies in where do you start it? Which is your area of excellence? From what point does your thought meets the market demands? These will be the main questions coming to your mind when you look to start your own business. To all these questions, the answer must begin with your passion. If you are already having a stronghold on what to do, then there is absolutely no problem at all.

When you seem to be confused by the swinging thoughts of business, then you have to allocate scheduled time to study the market strategies that could prove vital at the end of the day. The fastest-growing sector for freelance businesses in 2015 included telehealth services, computer system design and related design, services to building and dwelling, engineering related services. This may give you a fruitful decision on where to start with your business.

Will it Work Out?

Even after having made enough discussion and research of the market, it is natural to feel unsecured when you have invested your heart and soul into it. But it is just a driving factor towards success. Starting a business isn’t rocket science that is so complicated to understand.

The contemporary world is a competitive era where the adage “survival of the fittest” holds true more than anything else. Fill yourself with people beaming with confidence and feel motivated all the time. Be pragmatic on your business and every day will teach you the art of business.

Failures

Fear of failures is the major reason which prevents most people from starting a business. You might have heard friends saying that they will ensure and enter a point where they feel they won’t fail in their business. But it is impossible to predict whether a business will succeed or fail before starting it.

There is absolutely no guarantee that your business will be a revelation in the market until you get it into the market. And if you are the first generation entrepreneur in your family, there may be some resistance in the family to start up their own business. But it’s an amazing statistic to read that around 51.9% of successful entrepreneurs are also the first to launch a business in the family. This depicts the preparedness that first-gen entrepreneurs possess.

Financial Support

Whenever you feel like an ordinary person cannot dream for an own business with some meek amount of money, you can just remember Reliance groups and Tata groups who constitute 44% of the total Indian economy. There are a lot of opportunities available to raise money in the markets.

Moreover, it’s not so difficult to find people who are ready to invest in the right projects. The advent of private banks has made it all the loans in a matter of weeks. “First serve and then manufacture” model, first start as labor working for giants and then use the money for your investment.

Getting Connected

It’s all now done for you to start a business, but it is in the hands of media that make you a household name in the market. It’s a smart yuga and you have to be ultra-smart to infiltrate into the hearts of the mob. Regular updates in social networking sites, continuous articles on blogs, and repeated advertisements in messaging are the contemporary tactics.66% of businesses that have been in operation for 10 years or less use their company website for marketing.

People look forward to a fresh design and modern appeal to new products. So it’s evident that you have persistent updates on the look of the product.

Real entrepreneurs have what I call the three Ps (and, trust me, none of them stands for ‘permission’). Real entrepreneurs have a ‘Passion’ for what they’re doing, a ‘Problem’ that needs to be solved, and a ‘Purpose’ that drives them forward. Zuckerberg started at 19 and some start at 70. So age doesn’t matter, it’s just the way you are in the race. It’s enough to have ideas and the world is ready to make ideas happen. Start and design your own future!

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