Entrepreneurs should keep it real and do what is right for the organization
As an Entrepreneur, vision is something that is your strong point but it is always necessary to ground your actions in reality as you are always working constrained resources. Some of the ways you can keep your actions grounded in reality are:
- Find a good co-founder who compliments you and can appreciate your strengths but clearly understands your weaknesses. They should be able to expresses their opinion even if it is against what you believe works.
- Follow lean startup model, so that plans become result oriented and get validated before we burn too many resources on an idea.
- Think about what your shareholders want. If they don’t exist, atleast wear that hat for some time. Basically, does it create business value for the organization.
- Have some advisers with who can listen and give opinions.
What more can we do?
Please suggest.
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My experiment with instagram
I started using instagram app and am loving it.
It is very easy to use it.
I am recommending it
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How does an entrepreneur tick?
I just observed that my last post was in April 2010 & am trying compile a summary of what happened to my entrepreneurial journey.
Last one and half year was crazy. I learnt a lot about what makes an entrepreneur tick in their pursuit of creating something meaningful and sustainable.
What makes an entrepreneur tick?
- It is mostly about reading the “IF” poem daily and living it every minute.
- It is about knowing “Murphy’s law” exists and still keeping your head to get things “work” around you.
- It is about believing and leading your team with that belief.
- It is about surrounding “great” people around you and listening to them.
- It is knowing that “Every business has a cycle of growth and slump and living through it”
I need a lot of motivation. What makes you tick around through difficult times?
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