Creating a Winning Startup Business Plan!

Biz-PlanFor a startup business, creating a business plan is like creating a game plan in sports. You need to scout out all the information to create a winning strategy for the game. While business plans for existing companies may have a special focus, such as setting overall goals, reviewing specific operations, evaluating new products, assessing new technology in the industry, or some other specific purpose, the business plan for a startup company is the blueprint for its formation, its operation, and its success. A business plan exposes a new company’s strengths and weaknesses. It reveals ways to capitalize on the strengths and minimize the weaknesses, uncovers every facet of the business that can be developed, and points to the best method for that development. It provides a structure for the company’s pursuit of the winner’s trophy.

Even though creating a business plan takes time, thought and effort, and may seem like an impediment to getting on with opening or growing your new business, it is imperative in today’s competitive business climate for you to have all relative information available and evaluated before opening your doors. With a thoughtfully prepared business plan you will enter the business world prepared, ready to run your business and ready to compete.

Although researching and writing your business plan may seem like a monumental task, with preparation it can be quite painless. As you go through the process, you will develop your knowledge and understanding of your business, improve your chances of success, and diminish your risks of failure as a startup owner.

Prior to writing your business plan, there are several issues you must resolve. It is beyond the scope of this text to cover all of these in depth; however, a basic checklist with a few recommended reference books is provided, so you can explore some of the subjects more thoroughly. As an entrepreneur of a startup company:

  • Are you prepared to operate a business?
  • Have you already decided upon your product(s) or service(s)?
  • Have you investigated other types of businesses? Have you explored the broad economic business sectors: manufacturing, wholesale, retail, service …? Have you considered other industries within the sector of your choice? Have you thought about what types of businesses are strongest now and for the future?
  • Have you checked out franchises? To check out the possibilities and benefits of becoming a franchise outlet owner or franchisor, read Erwin Keup’s Franchise Bible and my books, No Money Down: Financing for Franchising and The Franchise Redbook.
  • Do you have a location in mind? Have you researched the principles of site selection: physical site needs (address, neighborhood, interior lot, corner lot), cost effectiveness, interior space, exterior space, visibility, traffic volume (which side of the street and times of the day), and accessibility? Are you familiar with the advantages and disadvantages of types of sites, such as freestanding buildings, storefronts, regional malls, and many others? Are you familiar with the principles of lease negotiation? See Luigi Salvaneschi’s Location, Location, Location.
  • Have you located the necessary business consultants–accountant, attorney, banker, and others? One resource is The Small Business Insider’s Guide to Bankers by Suzanne Caplan and Thomas M. Nunnally.
  • Do you know your financial position, your credit rating, your investment costs? The author’s No Money Down: Financing for Franchising covers these topics in detail for any business, not only franchising.

Before going forward, it is assumed you have done the basic homework for each of the elements above and that:

  • You are ready to go into business
  • You have your basic business concept
  • You have decided on your basic product(s) or service(s)
  • You have your location and facility
  • You have a business accountant and attorney
  • You understand your financial position and your investment costs.

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While you may have already explored the following business concepts during your startup stage, you will be reconsidering and reevaluating these as you develop your business plan:

  • Vesting
  • Business objectives
  • Mission statement
  • Keys to success
  • Industry analysis
  • Market analysis
  • Competitor analysis
  • Strategies
  • Marketing plan
  • Management
  • Organizational structure
  • Operations
  • Financial pro formas
  • Break-even analysis
  • Financial requirement

Don’t be concerned if you aren’t familiar with all of these concepts. Writing a business plan for your new business is a straightforward process that you can move through step by step to completion. The whole process can be accomplished in two to four weeks, depending on your business.

A Professional Presentation

In surveying many successful business plans, you will find that no one format fits them all. Depending upon the nature of the business, certain topics take precedence over others. Often the owners write their business plans, since they know the most about their business operation and management and they have learned what elements to include to make the best impression.

A complete business plan for a startup company is best organized according to the logical development of the business and is comprised of at least 12 basic components.

1. Executive Summary: By definition, to summarize the elements of your business

2. Company Description: For identification, to introduce your readers to your company and your business concept

3. Industry analysis: To provide a picture of your industry and of the position of your business within the larger framework

4. Market and Competition: To evaluate what you are getting into. While some business plan proponents separate market and competition, it takes an examination of both, together, to come to one very important final conclusion: your market share. Consequently, it is best to examine and present them together.

5. Strategies and Goals: To analyze the market and your competition in order to determine how and where your company or products or services fit and to maximize your position with your target market

6. Products or Services: To describe your products or services and how they match your findings of your strategies and goals

7. Marketing and Sales: To market your products or services with the best positioning and to forecast your sales based on the findings of categories four, five, and six, in that order

8. Management and Organization: To present the management and personnel who will run the show. This section can be separated into two sections for more complex companies.

9. Operations: To explain how the business is run

10. Financial Pro Formas: To forecast successful financial performance for all activities

11. Financial Requirement: To present the type and amount of financing needed, based on the previous sections, to accomplish the whole plan

12. Exhibits: By definition, to close the plan and separate any supporting materials that would otherwise interrupt the flow of the story

A professionally written startup business plan has all 12 of these basic sections presented in the order of the outline. Most of the segments listed will also be reflected in the same order of presentation, although there may be slight variances depending on your type of business. When your business plan is written to obtain financing, the financial requirement section may be tailored either as a loan request or as an investment offering proposal, and then titled accordingly.

A Winning First Impression

The saying, “There’s no second chance to make a good first impression,” is highly appropriate when it comes to the opening sections of your business plan and its overall appearance. With current desktop publishing, business plans are looking more professional–prospects are competing for neatness and an impressive presentation that sets them apart.

  • Format. As to format, the norm is to bind your business plan in booklet form with high-quality materials. Better ones have quality report covers in dark or rich colors and are labeled on the front. The title page serves better than a label if laminated or positioned behind a windowed cover or behind a full clear cover. Most types of binding are available at copy centers: Ibico and GBC presentation bindings, Wire Bind, and Velobinder are a few of the better ones. Some businesses go the extra step to have printed covers or printed binding strips. Three-ring binders have been used for years and are still acceptable, but you improve your odds for making that favorable first impression by using the latest and most professional-looking, high-tech materials available.
  • Page layout. Make sure the layout of each page is balanced and artistically pleasing, with a lot of open or negative space–paragraphs, lines, and characters should not be too closely spaced. With desktop publishing, many types of fonts are available. The text is generally easier to read if you use a font with serifs, such as New Times Roman, Charter or Garamond, and the margins are justified. For a professional quality, use a sans-serif font, such as Arial, Modern or Verdana, for titles, sideheads, tables and outlines. Choose one of each and stay consistent throughout the presentation.

Using the latest software printing design tools, such as boxes, borders, shadow lines, and enlarged and bold characters, can add a professional look if correctly done without drawing attention to their use and stealing the show from the material itself. Color printing, judiciously placed, is being used more all the time.

  • Tabs and titles. Each subject, with titled heading, should have its own section and be separated with indexed partitions keyed to the table of contents. Tabbed index partitions make it easier to locate information, especially during a personal presentation. Another feature is to use colored partitions, preferably muted or soft colors that coordinate with the color of the cover and with the colors of any charts or graphs inside. Instead of custom tabs, some plans are assembled with printed tab indices with miniature plastic covers, but if you have access to preprinted laminated tabs, they are preferable. Avery has Index Maker dividers for ink-jet and laser printers that you can customize with basic desktop software. A recent innovation is hidden tabs that protrude past the pages but not the cover.

Within each section, set off subsections or segments with crossheads usually set bold in a sans-serif font. When these are justified to the right or left margin, they are referred to as sideheads.

  • Color and charts. Charts, graphs, and illustrations are commonly acceptable if appropriate to the text. Color is often better than black and white; however, choose reds and blues, not chartreuses, yellow-oranges, or some other unusual color. In fact, if you are going to use extensive colored charts and graphs, choose a theme of three or four rich colors and use them consistently throughout the work. Reserve photographic prints for the exhibits. Even then, they should be presented in protective sheets or converted to color copies and labeled or captioned in font styles consistent with the rest of the business plan. If needed in the main body of the business plan, pictures look more professional when scanned and merged into the layout.
  • Printing. Use laser or ink-jet printers to print on paper of stationery quality. Paper should be the brightest white you can find, laser quality, or one of the muted color r�sum� stocks in soft gray or ivory. Staying consistent by using the same type of paper for text, graphs, charts, and illustrations yields a quality professional look. Using bits and pieces of different paper gives the impression the plan was thrown together.
  • Proofreading and copyediting.Have your figures checked by an accountant and the text proofread by an editor or proofreader. An accurate, easy-to-read, and well-organized text will convey professionalism and credibility. Too often this important step is avoided or forgotten: despite all the work that has gone into creating an impressive presentation, typos, missing words, poor sentence construction, and figures that don’t add up become a significant part of that first impression made on a reviewer.

Important Points to Remember

  • An accurate, easy-to-read, and well-organized business plan conveys professionalism and credibility.
  • You improve your odds for making a favorable first impression by using the latest and most professional-looking, high-tech materials available.
  • Don’t necessarily try to balance the material from section to section. Place your emphasis in the proper perspective and accent the features that are most important for your business.
  • Always include a cover letter with your business plan, because it may get passed on to other staff members who won’t know about your venture.
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Relationship Marketing in Business

Relationship Marketing is a business strategy designed to promote customer loyalty, interaction, and long-term engagement. Relationship Marketing is cross-functional marketing that is organized around processes that involve every aspect of the organization. The customer relationship approach focuses on customer retention to leverage a business advantage on competitors.

here are many benefits once a company has established an ongoing relationship with customers. Since regular customers are familiar with products and consistent in order placement, they are less expensive to service. Long-term customers are likely to purchase additional supporting products. Satisfied customers with an ongoing relationship with a business tend to bring additions customers to the company. Customer loyalty makes it difficult for competitors to enter a market or gain market share. Relationship Marketing enables people, processes, and technology to work together to decrease costs and increase profits. Relationship Marketing uses retention and satisfaction to develop long-term relationships between customers and businesses.

Relationship Marketing utilizes retention strategies to encourage customers to continue their relationship with a company and reduce the likelihood of customers switching to a competitor. One strategy that can be employed is cross selling, where related products are promoted to current customers. Developing a loyalty program, where customers receive incentives for frequent purchases, has increased sales for many companies. Another effective tactic is product bundling, where multiple products or services are combined into a single package and offered at a single price. Cross promotions, when customers are given discounts or other promotional incentives to purchaser related products, have also proved to be valuable.

Another key approach to Relationship Marketing is increasing customer satisfaction levels for businesses.

Mutually beneficial communication exchanges are utilized to inform businesses of their customers’ needs, as well as to inform customers of the full-extent of what the company can offer them. Customer satisfaction levels have a significant impact on the amount of sales relative to that of competing companies. Any company that wishes to foster long-term relationships where both the buyer and seller have a more satisfying exchange can benefit from Relationship Marketing.

Relationship Marketing is designed to develop strong connections with customers by providing them with information directly matched to their needs and interests, and by encouraging open communication. This approach often results in repeat business, increased word of mouth activity, and higher customer satisfaction.

Failure Is Not the End. It’s an Opportunity to Learn.

1814kx8aihkayjpg“I have not failed 1,000 times, I have successfully found 1,000 ways that will not make a light bulb.” Thomas Alva Edison. This quote, is the mantra of every successful entrepreneur.

We learn about failure early in life. Kids race each other on the playground and are tested in school and given grades each year, quickly learning what it means to win or lose, pass or fail. Not winning tends to have a stigma around it, and can ultimately lead to labels like “failure” or “loser.” Too many people allow external views to define their self-worth and thus are afraid of ridicule stemming from these unfair labels, which we even give to our own friends and family. Through societal behavior, we teach people to not be risk takers.

I’m not here to say there is no such thing as failure. Failure is very real, but it is not an end destination — it’s another event in the course of life. Experiencing one failure or 100 does not make you a failure. Failure is an external event that happens. It is not a personality characteristic. One who fails a lot, we could say, takes a lot of risks. It’s important to separate the events of failure from the personal characteristic of being a failure.

you-learn-more-from-failure-quoteFailure is an opportunity to learn. When we confuse our personal sense of self-value with success, we are restricting our ability to learn because our ego becomes another factor in this equation. Our ego tells us we succeeded because we’re so smart and so great, or that we failed because we are a loser and can’t win at anything.

This clouds the analytical process of simply looking at the results of a situation and asking ourselves, “What happened?” There are key questions to ask in order to learn and grow from past mistakes.

“How did I approach this?”
“How prepared was I?”
“What was within my control to change and what was not?”
“Of the things within my control, what other actions could I have taken that might have produced a different outcome?”

Likewise, success can equally blind us from learning. Just like failure, success is an external event and does not necessarily define you as a winner. Many entrepreneurs who have experienced success make the mistake of believing they did it all on their own, forgetting the team and support that helped them achieve their goals. Of course, they made good decisions at the right time, worked hard and achieved success, but in almost all cases, there were other team members who assisted in the win.

Because failure is so bitingly painful, it tends to get more personal introspection than success. However, it’s the entrepreneurs’ optimistic “never say die” attitude that can also get in the way of self-evaluation and looking at the contributing causes of failure. Learn to separate the event of failure from your personal identity and invest in objectively reviewing the situation and trying a different approach next time. This relates to a core message I share with every entrepreneur — be ruthlessly honest with yourself and others. Denial is your worst enemy.

Strive to find flaws in your ideas or processes and eliminate them. You are only doomed to repeatedly fail if you choose not to learn from your past mistakes.

3 Things to Do If You Want to Become a CEO by Age 30

This is an evaluation image and is Copyright Chud Tsankov. Do not publish without acquiring a license. Image number: 0521-1008-0622-1033. http://www.acclaimimages.com/_gallery/_pages/0521-1008-0622-1033.html

Today, the path to becoming a CEO can look very different, particularly within tech and internet startups. But the skills required to be an effective leader are the same as ever. These skills typically take a life of experience to acquire, but there are ways to overcome that time challenge. Here are three things you should do to qualify as CEO material, even if you are short on life experience — but still big on energy and bold ideas:

1. Build a team to compensate for your shortcomings.

Even a seasoned executive needs a sounding board of people who can offer guidance, particularly for areas that fall outside his or her core expertise. For young leaders, this is essential, to avoid serious mistakes. Lack of experience can lead to very painful consequences: hiring the wrong people, spending too much money, getting stuck with bad contract terms, or falling afoul of the law — to name just a few.

Consider the example of Mark Zuckerberg and Sheryl Sandberg at Facebook: He drives the products, while she is the more business-oriented person. They complement each other with their skills, and work together to achieve a common goal of building a successful company. Google co-founders Larry Page and Sergey Brin (both 25 years old when they founded the company) brought in a more experienced Eric Schmidt so that they could gain management depth before taking over in their own right.

When building your leadership team, then, don’t look for people who are exactly like you. Find those who can round you out and challenge you to grow.

2. Use the power of positive — and negative — thinking.

If you are launching a business when you are still in your 20s — without scars from past challenges — you will have some advantages and many disadvantages.

The biggest disadvantage is the lack of a track record, which a potential investor might want to use to evaluate your probability of success. This can be overcome only by spending many hours selling your idea to as many people as will listen to it. In the venture capital universe, Bay Area investors have traditionally been the most willing to take a gamble on an untried team. Another potentially helpful strategy is to hire a more seasoned person to front the fund-raising, but take care not to lose control of the business in the process.

An interesting advantage you may have as a young leader, meanwhile, is the likelihood that you probably do not know what is not possible; yet, you will attempt to do it anyway. This might result in a breakthrough that a more experienced person might miss due to a past negative experience. And that would be wonderful. But real breakthroughs are relatively rare. Most progress is incremental, and to attain incremental success, tapping into the experience of previous successes and failures can be very helpful.

3. Practice humility.

Leaders need to be transparent, and humble when humility is appropriate (which is very often). In fact, intellectual humility — the ability to step back and embrace the better ideas of others — is, for Google (to name one leading company) a more important hiring criterion than credentials. Unfortunately, humility is often perceived as a weakness, when in fact it is one of the greatest strengths a leader can possess.

Humble people listen to and learn from others. They take the backseat when someone more able than themselves is available to solve a problem. They give credit where credit is due. They are less prone to hubris when things go really well. They constantly question their own views and motivation to ensure that they are truly aligned with the desired business outcome. All of these values are essential to build a high-performance organization. But of course business is all about winning.

Being humble is fine, but a leader also must be willing to lead to victory.

So, my advice is to practice humility — just don’t forget to win.

Success Tips for Young and Aspiring Entrepreneurs

People_Children_A_small_businessman___Children_012772_Being successful often means learning from those who have already achieved their goals. Having a mentor is an amazing blessing to an entrepreneur, but not everyone can find one in person.

If you haven’t yet found your personal business guru, here are tips for young or aspiring entrepreneur to help get you started.

Challenge yourself.

one of the best motivation quote was “keep challenging yourself”. So keep challenge yourself when you got a thought that you can’t. Challenging against yourself will provide you a strength to move forward.

Do work you care about.

There’s no doubt that running a business take a lot of time. The only way to be satisfied in your life is to do work that you truly believe in. If you do a work by without knowing it then it will become a negative results so start a which you know.

 Take the risk.

If  you are not ready to take risk then surely you will not be an entrepreneur. We never know the outcome of our efforts unless we actually do it. So ready to take risk.

Believe in yourself.

“Whether you think you can, or think you can’t, you’re right.” Believe that you can succeed, and you’ll find ways through different obstacles. If you don’t, you’ll just find excuses. Never loss your hope on you. Always believe that you can.

Have a vision

 That an entrepreneur is someone who has a vision for something and a desire to create it. Keep your vision clear at all times.

Find good people

Who you’re with is who you become. The fastest way to change yourself is to hang out with people who are already the way you want to be. Reid Hoffman co-founder of LinkedIn’s quote.

Face your fears

Overcoming fear isn’t easy, but it must be done.  Fearlessness was like a muscle — the more she exercised it, the stronger it became. if you fear for something then you will not do the thing.

Take action

The world is full of great ideas, but success only comes through action. Ship is beautiful when it was in the shore but it will be useless when there it was idle when it get enter into a sea then that will be the useful thing. so never make your ideas dump, make it in action.Walt Disney once said that the easiest way to get started is to quit talking and start doing. That’s true for your success as well.

Do the time.

No one succeeds immediately, and everyone was once a beginner. As Steve Jobs wisely noted, “if you look closely, most overnight successes took a long time.” Don’t be afraid to invest time in your company.

Manage energy, not time.

Your energy limits what you can do with your time, so manage it wisely.

Build a great team.

No one succeeds in business alone, and those who try will lose to a great team every time. Build your own great team to bolster your success.

Hire character.

As you build your team, hire for character and values. You can always train someone on skills, but you can’t make someone’s values fit your company after the fact.

Plan for raising capital.

 one cannot raise his capital immediately, it takes more time so you need to wait for that. Richard Harroch, a venture capitalist, has this advice for upcoming entrepreneurs: “It’s almost always harder to raise capital than you thought it would be, and it always takes longer. So plan for that.”

Know your goals

Identify your goal whatever  it may be long term or short term. You must know what is your goal. Ryan Allis, co-founder of iContact, pointed out that having the end in mind every day ensures you’re working toward it. Set goals and remind yourself of them each day.

Learn from mistakes

one of the most important thing which most of the entrepreneur fails in this.Many entrepreneurs point to mistakes as being their best teacher. When you learn from your mistakes, you move closer to success. even though you initially failed.

 Know your customer

one of the most important key to success. without knowing the needs of customer and without fulfilling their needs you will not become as an entrepreneur.Know those you serve better than anyone else, and you’ll be able to deliver the solutions they need.

Learn from complaints

Bill Gates once said that your most unhappy customers are your greatest source of learning. Let unhappy customers teach you where the holes in your service are.

Ask for customers’ input

Don’t assume yourself about the customer need. most of the entrepreneur doing these mistakes, first of all you are not a customer and all other will not  satisfied by your needs. Assuming what customers want or need will never lead to success. You must ask them directly, and then carefully listen to what they say.

Spend wisely

When you spend money on your business, be careful to spend it wisely. It’s easy to spend too much on foolish things and run out of capital too soon.

Understand your industry

“Don’t play games you don’t understand, even if you see lots of other people making money from them.” Truly understanding your industry is key to having success.

Deliver more than expected

if you want to succeed then you must  deliver more than the customers expectation.It’s a great way to get noticed in your industry and build a loyal following.
Being a successful entrepreneur takes a lot of work, a lot of vision and a lot of perseverance.

Things You Can Do Starting Today to Be a Better Leader

dreamstime_m_14281983-follow-the-leaderSome believe certain people are born leaders. Others think an individual can learn to be a leader. Regardless of how you may feel you obtained your leadership skills, there are always ways to enhance your abilities. This list of suggestions may inspire you to reevaluate your leadership abilities and address any issues you find need improvement.

1. Be a positive role model.

As a leader, your actions set the tone for what is appropriate behavior in the workplace. Exhibit actions that you want your team to emulate. You may establish rules of conduct or have expectations for how staff should behave at work and what actions will not be tolerated. The best way to encourage these specific actions is to correctly and precisely demonstrate these behaviors yourself.

2. Be humble.

Share the credit for successful projects with your team. If you make a mistake, readily admit to your error. Apologize when needed and admit when you do not have the solution to a problem. Demonstrate the willingness to seek answers from other sources. Such actions show your human side and help you gain the respect of employees and customers alike.

When you admit a mistake your employees feel safe admitting their mistakes, instead playing the “blame game.” Accepting that individuals make mistakes will create a more cooperative atmosphere in your company.

3. Practice effective communication.

Let your team know they may openly discuss workplace issues with you. Be approachable. Give employees your attention, keep an open mind and make eye contact as they speak, (don’t be working on your next project or email.) Maintain the confidentially of the conversation. You can build trust this way. Be sure your staff knows of your expectations for them. Quickly address any misunderstandings. Make a note of what was discussed and put in a private email to your employee, if appropriate. This will help keep misunderstandings at a minimum.

4. Find a mentor.

A confident leader realizes there is always more to learn and will turn to a trusted friend or colleague for their opinion of a given issue or to receive feedback on their job performance. Seeking the advice from someone with more experience is not a sign of weakness.

5. Be emotionally aware.

Business is ultimately about dealing with people. While some may say emotions have no place in the business world, wise leaders strive to be aware of the sensitivities of others. These leaders learn to acknowledge different opinions and consider background information to better understand those around them. Emotions usually reveal the deeper, most important and relevant points of personal interactions. It is an important area to explore more deeply.

6. Encourage creativity.

Let your team know you are open to their ideas. Empower them to take their ideas to the next level by giving positive feedback and constructive advice as warranted. The opportunity to present and try out ideas can lead employees to deeper commitment, enhanced problem-solving abilities and greater productivity. Reward creativity and recognize that these actions help your staff develop their full potential.

7. Be passionate about your work.

Leaders must demonstrate a commitment to the goals of the company. Show your staff how strongly you believe in the organizational goals and how much you value their contribution to this endeavor. If you want dedicated employees, be dedicated yourself. Don’t hesitate to speak passionately about what you believe in.

8. Know your team.

Learn about your employee. Ask about their families or recreational activities they enjoy. Politely ask how things are going for them. Doing so will demonstrate that you care about them as human beings and do not consider them just another name on the company payroll.

Jot down this information so you don’t forget areas that are important to your employee. Be sure to include remote workers. Review these notes before an interview or progress report with an employee so you can make appropriate comments that show you are thinking about them.

9. Think positive.

It is easy to be positive when things are going well but a good leader will remain confident when things go wrong. They embrace failures and inspire their team to consider such events as opportunities to learn. A positive outlook will help your staff remain encouraged and create an overall upbeat environment where people will want to remain. Thinking and acting positive go hand-in-hand. Never slight anyone, in or out of your employ.

10. Be yourself.

All leaders have their own style of dealing with people. Talk with your mentor or supervisor to help identify your strengths and weaknesses. Seek advice on how to enhance your weaker skills and utilize your stronger assets to their maximum potential. Obtain feedback from your staff as how they view your management style. Share some information about your personal life to help your staff learn about you. Plan a happy hour where business is not discussed and everyone can be themselves.

11. Study past leaders.

Take a look at those who have previously held your position. Examine why they failed and why they succeeded. Become aware of common mistakes. Compare your leadership style to theirs. Also, take a look at your peers to compare their progress while taking  into consideration variables such as location and economic factors.

Your leadership style doesn’t have to be the same as a previous leader in your company or position. In fact, your leadership style shouldn’t be the same as anyone else’s. Improve your style, but stay real.

12. Challenge your staff.

Employees may become bored and dissatisfied if they are performing the same tasks and projects each day. Give your staff new challenges that are within their abilities. Provide constructive feedback as they work on new projects. Learning and mastering new challenges will give your staff a sense of accomplishment. It shows that you have confidence in their skills and value them as part of the organization. There are many skill learning opportunities on line that can be worked on during working hours.

It’s in your DNA.

This may sound like a sentimental reason but it’s not. If your gut tells you that it’s what you’re meant to do, that it’s your destiny, then you should consider it, especially if your instincts have served you well in the past. Be a Someone who actually grew up with it so their risk tolerance is high.

If you want to be an entrepreneur doesn’t search for a reason, go for your passion. Our past generation was not adopted themselves to the comfortable environment they faced the competitive environment so they are all an entrepreneur so that the qualities are hidden in us too, but the comfortable environment make you addicted as an employer. which is the most most competitive environment getting a job or starting a business. Absolutely it is business because while getting a job you have participated in a competition for one time but in business every day is a competition. Most of youngsters are not ready to become an entrepreneur because of the one word which was always echoed by this society “you can’t”. suppose one overcome these words and done an attempt and if that attempt is failed then another word will echoed by the society is I already told that “You can’t” Then automatically that person will stop the attempt and go for some comfortable environment. I need to tell a story about an Elephant to make you to know about your qualities.

11403501_964282316943235_2277697484395713833_nOnce a stranger went to temple he saw that an elephant was tied with a small chain he was surprised and stunned by seeing this, the elephant can break the chain but it doesn’t do any attempt. He went to the Mahout and asked that, the elephant can easily break the chain with his strength but why it doesn’t do that?  The Mahout smiled & said while the elephant was as a calf it was tied with these chains it tried lot of time but it can’t broke the chain. So it has the mindset that it can’t break the chain and it stopped his attempt to broke. The stranger really felt for the elephant, that it can break the chain within a minute but it doesn’t do because of the failure in it’s earliest attempts.

Likewise most of us were stopped our attempt because of the failures we met. The word which makes you to stop the attempt is “You can’t”. It is like the chain but you have the strength like elephant in yourself so don’t stop your attempt, try, try until you got success. Be a competitor & Become an Entrepreneur Its in your DNA.