Achieving success can`t be taught to anyone. It`s only
learned over the period of time. Success means different things to different people.
It’s a relative term. Though, success depends upon several factors which are
uniform for anyone working in any domain.
Talking about people who are looking to start as
entrepreneurs, they must have the patience to gain thorough knowledge, analyze
the competition, risk factors and most importantly courage to conquer all the
challenges with right wisdom and belief. Moreover, it is very important to do
the complete groundwork before beginning the journey as an entrepreneur.
Besides, an entrepreneur must have the ability and right
wisdom to take the rejections and consider rejection as steps of ladder which
ultimately leads to perfection. As Success cannot be achieved overnight; it
requires patience, passion, aggression, self-belief and unshackled confidence
to convert rejection or failures into an opportunity.
Furthermore, entrepreneurs must keep in mind the following
mantras to climb the ladder of success:
1. Clear goal/vision: A well-defined vision and goal is
very important in order to be a successful entrepreneur. A clear vision and
focused approach is the first practical step which comes once you get mentally
ready to fight with the challenges.
2. Right planning: Before coming to execution, right
planning is very necessary. Make a 2-5 years plan; build a platform for
long-term growth, not short-term benefit or a quick win.
3. Passion: Fervor zeal to achieve your target can take
you to unfathomable heights and endow you with requisite skills to duke it out,
competitors.
4. Openness to take Risks: Another important factor to
achieve success as entrepreneurs is open to take risks. Believing that you
are used to getting success all the time does not make you successful
overnight, rather it makes you over confident and makes you unable to be
prepared to lose or visualizing the lacking areas. However successful
entrepreneurs are the ones, who learn from their losses, visualize the risk
factors using past learning, take financial risks in order to materialize
their vision into realism.
5. Innovation: Innovation and creativity are the two
prominent attributes of every successful entrepreneur. You should be
audacious enough to face all fears and allow your creative ideas to translate
into success.
6. Confidence and self-belief: To enter individually
into the competitive world as a thriving entrepreneur, you should have all the
self-belief, confidence and enough courage to take up the challenges and try
newer things or ideas to grab more knowledge or learning. Choosing a safe avenue
does not work for an entrepreneur all the time, but using different ideas and
learning to keep a backup plan, and visualizing the risk factors is what makes
an entrepreneur successful.
7. Optimism: Optimistic approach always helps ward off
unwarranted and unnecessary anxieties on the way of achieving their vision. The
positive attitude helps you conquer all the challenges in day to day pursuits
and give you the power to convert your challenges into opportunities.
8. Acceptance of the failures gracefully: The one who
accepts failures well and use those experiences in order to build a stronger
foundation for his business is the one who achieves greater success in life.
People who have never faced failures or challenges in life can never experience
something new and stop their learning. Playing safe eliminates the fun and new
learning experiences; however successful entrepreneurs know that failures are
nothing but stepping stones to success.
9. Customer/client’s needs: A successful entrepreneur
knows that their customer is the king. Therefore, they always think from the
viewpoint and needs of their customers so as to delight their customers and win
their trust.
10. Leadership qualities: A successful entrepreneur is
one who is socially and mentally prepared to head his team. You should be an
apt decision maker. At the same time, you should be responsible enough to face
the outcome of your actions without blaming others for it.
Though, there are various points one can mention here but above mentioned are the important ones and should be followed by everyone in
order to optimize the available resources as the competition is cutthroat with
ever changing market.
