Tips for an Entrepreneur
1. Decide your strategy as per your industry : Do research related to your industrial practices.
2. Gain expertise: Practice, practice and practice
3. Set Priorities: Do not let anything become urgent.
4. Align individual goal with organizational goal : Synergy is the best policy.
5. Walk the talk : Act before competitor does it.
6. Take ownership : Stop blame game and cut the crap.
7. Effective communication : Encode the message, so that same the receiver will decode exactly the same message.
8. Turn stumbling blocks into stepping stones : Every where there is an opportunity.
9. Esprit de corps : Team spirit is the main key of success.
10. Update your skills : Get into Kaizen mode.
11. DO SWOT analysis : SWOT analysis of your’s and team members, in order to make maximum out of the human resource and also to convert weakness into strength.
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