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.