Successful business people eat, breathe, sleep, and wake to what they do as a business. Worries about the execution of the business, about the cash flow, about the customers, about paying your employees’ salaries, and about not breaking rules and regulations, all continue to run through the minds of entrepreneurs like clockwork, in a non-stop cycle. You cannot suddenly switch ...
Read More »The Entrepreneur’s Mindset
Art0016 – Commitment is Hard Work
You cannot be half-hearted about your involvement, you have to face the slaughterhouse and give yourself to the cause you are after. Mr Inderjit Singh – The Art and Science of Entrepreneurship. The best thing to do is to get this clear from the start; if you are intending to become an entrepreneur and to work on your ideas with ...
Read More »Art0015 – Transforming Ideas into Business
I believe that while ideas are difficult to come by, it is our ability to transform an idea into a business that is the most crucial thing in deciding whether a person can be called a successful entrepreneur. Mr Inderjit Singh – The Art and Science of Entrepreneurship. Transforming an idea into a business requires tremendous amount of effort, detailed ...
Read More »Art 0014: Mantra No. 3 – There is No Shortcut to Success
This is no magic formula, and I am sure everyone can relate to this mantra easily. Many entrepreneurs will tell you how they have gone through the hard knocks, having put their hearts and souls and sweat to produce results, and how hard they have worked to make their business tick. Mr Inderjit Singh, The Art and Science of Entrepreneurship. There are many successful ...
Read More »Art0013 – Survival Strategy(Everyone Should Have One)
One lesson that I have learnt throughout my life is that, particularly in an economic downturn, there are no heroes, only survivors. How do survivors survive? They are always mindful and prepared for the worst, and they plan for survival early. Mr Inderjit Singh – The Art and Science of Entrepreneurship Obstacles and downturns are inevitable; they are bound to ...
Read More »Art0011 – Taking the Leap(Video)
What we tend to see is many a founder, jumping into the water without taking the necessary precautions. We would like to see entrepreneurs think ahead before they take that leap to see what they lack and need. From there they should fill in as much of the missing gaps as possible, before going on that entrepreneurial journey. This is ...
Read More »Art0010 – Backup Plans
The differentiating factor of true entrepreneurs is that they are able to handle all the downsides; the emotions, the failure, and they are then able to move on to their next step or to their backup plan, which they would have thought of before they started their venture. Mr Inderjit – The Art and Science of Entrepreneurship The chances of ...
Read More »Art0009 – Mantra No.2: Aim High But Be Prepared for the Worst
2.1 No Blind Risk Taking The sky is the limit as the popular saying goes. This is without doubt the essence of the entrepreneur’s mindset, which results in great companies being created. So everyone should aim as high as they possibly can, to whatever their imagination can create, and they should plan without placing artificial limits or ceilings to what ...
Read More »Art0008- 3 Mantras of Entrepreneurship: 1.3 – Self-Confidence
Mantra 1: Have a Winning Spirit – Self-Confidence In the face of formidable competition, entrepreneurs still believe they can do it better than their competitor; even if others consider that competitor the best in the world. This is how insurgents have, in history, always been able to beat the incumbents who may have been around for a much longer time. Had ...
Read More »Art0007: 3 Mantras of Entrepreneurship – 1.2 Decisiveness and Problem Solving
The way we make decisions affects the way we solve problems. In making decisions, I always believe that if you face a situation in which you are left with just a couple of alternatives that are difficult to choose from, then the solution is to just go ahead and choose any one of these alternatives. – Mr Inderjit Singh, The ...
Read More »