It is the responsibility of every #Entrepreneur to add value to his customer.
3 “C” which are essential for any business to offer its clients
1. Cost
2. Convenience
3. Consumer/ Customer Experiences
Best to achieve all, but min 2 are must to be successful. 👍
#Entrepreneurship not only about building great business(es), but also about building a great team. 4 characteristics needed in people.
1. Smart,not academically but otherwise
2. Hard Working
3. High Integrity
4. Grit
ability 2get knocked down but passion to get up again
Biggest myth
We need money to start the business. But trust, we don't need money to start the business. We need to have "RISK" taking capabilities, a 'GOOD' business idea & excellent EXECUTION skills. More than every thing, a PASSION to die for your dream.
#Entrepreneurship
entrackr.com/2020/06/is-it-…
#Entrepreneurship is no more an exclusive domain,It is open to one & all. An entrepreneur’s job is not merely2 think for himself but 2 solve problems of the world.If U R genuinely solving a problem, U would definitely find a customer"Who would be WILLING to pay you"...TRY NOW
There is no better time than TODAY,either you pursue your DREAMS or leave it. There would never be any better time for #Entrepreneurship. One hidden Gem "Your title makes you a manager,Your People Makes you a Leader".So understand the value of PEOPLE,crux of your business 🙏
For an entrepreneur, accounting & finance are critical tools:
1. To make predictions about the future;
2. To help to attract customers & deliver goods/services at more efficient scale;
3. To measure & reassess progress, for rewards & encourage profitable behaviours
Learn NOW
#Entrepreneurship is quite lonely journey. Better to have a founding team,it is 1st step to sell your idea to your team & convince them to your vision. Most of the VC funding happens for the team,but solo entrepreneurs also get funded though the chances are less. Go for team.
#Entrepreneurs are also nation builders. 👍
Be the next nation builder ... try and try until you fail. Cause failure in #Entrepreneurship teaches lesson which no books can ever teach you. So don’t be afraid. Success is very sweet. Go for it...
Identifying an opportunity is the most difficult aspect of #Entrepreneurship . The question remains critical often,as #Entrepreneurs mostly think of building solution without understanding the NEED of their product/ Service. Better to do market survey to SEE the need. DECODE.
#SeekHelp
Our limitations should never stop us #Dreaming BIG. Dream fuels thoughts turning into Vision. Seeking help from experts & learning from their experiences removes many hurdles. Find a #Mentor , they would make the #Entrepreneurship easy. Believe in your vision. 👍
#Entrepreneurs Pick the right players. The top characteristic to look for are SMARTS and HEARTS : The ability to learn fast, a willingness to work hard, integrity, Grit, Empathy, and a TEAM -FIRST attitude.
Journey of #Entrepreneurship will be a Rewarding one. Critical 🔑
#Entrepreneurship is tough,tough & off course tough. But your attitude is tougher than that. If you have decided to give your best to your vision,surely, you will see the ray of light after the darkness. Want to quit! But postpone your decision by 1more day.
QUIT TOMORROW
The CAC & LTV “Rule”
CAC must be less than LTV.
(CAC=Cost of Acquiring a Customer
LTV=Lifetime Value of a Customer)
For capital efficient business,one must recover the cost of acquiring customers within 12 months. “Recover CAC in less than 12 months.”
#Entrepreneurship
You are NEVER too old to be an #Entrepreneur. Let that fire keep burning inside you. Go out and chase your dream. Sharing an inspiring story. Just UNLOCK yourself and take a plunge... Happy #Entrepreneurship 👍
#Entrepreneurship is the practice of selling ideas & having the passion, perseverance to make it a REALITY. #Entrepreneurs are willing2 take risks to bring a product or service to market. For success it requires a unique idea, passion, & hard work to bring it to fruition. 🙏
@desainishit has just followed me, found a catchy intro. So could not stop myself but to know more about him. #Entrepreneurs create magic, witness one below. Happy #Entrepreneurship 👍
"Success is a lousy teacher. Failure teaches you more." Be ready to learn more from failures than the success stories.
#Entrepreneurship
There cld be many reasons to start your own business. You may like to become your own boss, to create wealth, 2 innovate & help others. Find that ONE reason, & embark on the unknown journey. If reasoning is strong,You will find many on the way to guide U.👍
#Entrepreneurship
#Entrepreneurs
Someone who jumps off a cliff and builds a plane on the way down.
Thinking, planning, executing and finally safe landing.
#Entrepreneurship
“The speed is everything”
An ability to plan,execute faster than competitors fuels growth & accelerate d business processes.
Time is essence,most perishable resource,lost with every blink of eye.
Arise, awake & stop not till the goal is reached. SPEED
If your mind can think, it will find a way to turn that idea into reality. #Seek help, even from strangers to live up your dream and vision. #Entrepreneurship is a beautiful journey, take a plunge 👍