Tuesday, December 21, 2010

My first year as an Entrepreneur :)

Technically, its not the first year as i have been involved in entrepreneurial projects for over 3 years now. Also there are still 3 months before 'Discover Life' completes its first year.
But yes, this year i have been working full time post completing my MBA as an Entrepreneur. It has been one awesome ride all along. Reflecting back at some of my experiences this year i would like to share some insights particularly for all the young budding entrepreneurs who undergo our entrepreneurship program in schools and well for anyone who reads this blog post :)


Some random thoughts..
  • The good and the bad : Everyday at some point of time as an entrepreneur there comes a feeling 'You own the world' and almost everyday there are moments when you feel like 'Leave everything and run away'. Thats the crazy life, the life of an entrepreneur :)
  • The journey: It is not going to be easy.Your worst nightmares will come true. Learn to move on and get up every time you fall.
  • Big bad world: There is nothing called big bad world of business. Most grey areas are due to people. You find dark shaded in people everywhere whether it be job or business. 
  • Does an MBA help? : Indian education system or for that matter any other education system in the traditional form does not prepare people to become entrepreneurs. But yes awareness and knowledge through education helps an entrepreneurial mind.
  • The biggest challenge in early days: Cash :)
  • How to overcome it: Patience, Persistence and Belief. Biggest of all- 'Jugaad'.
  • Believe. You can change the world.
  • Become humble when you become Great. Till then love what you do and take pride in whatever you do. 'Jo khud se ishq nahi kar sakta, woh kisi aur se kya ishq karega'.
  • The best day to start is today. Age old belief works. Verified.
  • Be crazy. It helps :)
  • Have plans and work hard. Harder than you would in a full time job. Smart work sounds cool but for all great things in life you need to sweat it out.
  • Failure is cool. Believe in this or else as an entrepreneur you would go nuts.
  • Patience and persistence are hell important and what is more important is knowing when to use which of the two.
  • It is not rocket science. You figure out once in water.
  • Entrepreneurs don't die hungry.


Cheers to one rocking year :) Wishing everyone a great year ahead :)

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