Shamit Khemka, the founder of SynapseIndia has analyzed entrepreneurship elaborately and scientifically. He says that entrepreneurship takes lots of creativity and relentless efforts. In order to be a successful entrepreneur, you must do things that nobody has done before. Entrepreneurship, therefore, takes a solid vision and a long-term goal. However, despite having a well-defined business goal and thought out plan, many entrepreneurs fail to understand some inherent truths about the phenomenon of entrepreneurship.
First of all, many entrepreneurs believe that they are the chief navigator of an organization who can single-handedly lead it to success. This is not at all true. If a new business is to grow and succeed, the founder has to focus on hiring the right people around the venture. You cannot always be the smartest person in the room. This may seem too obvious to highlight, but in reality, it can be difficult for a founder to hand over control to other people. Quality is crucial to the success of every business, regardless of the type of industry it dwells in. It is the most important factor when it comes to standing out against competitors. Founders should not try to become the main quality control checkpoint of a newly started business. An overly detailed approach will become impossible to sustain for a founder as the company expands over time. Click here to know more about Shamit Khemka : https://www.youtube.com/watch?v=PcgrrS2-JGA
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January 2019
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