What Startups really mean ?

A startup is a company working to solve a problem where the solution is not obvious and success is not guaranteed.

“So basically we can say that startups may be the door of the success whose right key we have to find”.

Also, According to PHOBES, 90% startup’s are failed. Thus the risk factor is high.

But if you have decided to become an entrepreneur

then we have something for you.

Just take a ride to this…

What you need to become an Entrepreneur?

Entrepreneur simply means a person who starts a business and is willing to risk loss in order to make money

“Becoming an entrepreneur now a days is like making a cup of coffee. As most of freshers like to be called an Entrepreneur instead of calling as an employee”.

The qualities which an entreprenuer have to hold are:

  1. Innovative ideas
  2. Marketing skills
  3. Team coordination
  4. Financial support
  5. 24×7 working hands

But ARE THESE SUFFICUENT?

The success is standing on five pillars named as[ F,O,C,U,S].

F – “FIND YOUR GOAL”

O – “OPT THE WAY TO GET IT”

C – COOL,CALM AND CURIOSITY THREE MAIN KEYS

U – USE THE ONE WHICH CAN BE YOURS NOT THE ONE WHICH IS ALREADY HOLDING BY SOMEONE ELSE

S – SEEK WHAT IS VALUABLE

Follow this way of FOCUS through GOAL to achieve heights in your startup’s.

Why most of the startup’s does not go well?

There are so many reasons behind this.

  1. Pivot going wrong
  2. Legal challenges
  3. Disharmony within the team or with investors
  4. Poor marketing
  5. Running out of cash money,etc

 

But along with this there is a biggest reason.

We actually don’t know what we exactly want .We always see others and start dreaming.Instead of  thinking about your goals and desires we start working on those dreams which can never be yours. We start our giving efforts for what others are doing not on those in which you can do your best.

So ,

“Instead of dreaming about luxuries

Just go for your goals,

Instead of  hoping for miracles

Just find and go for your roles,

Instead of  fighting for money

Fight to achieve the pride

Instead of making assumption about future

Just take a peacefull inner soul ride”…

 

What should be done after the failure?

The biggest loss is obviously of money that you had invest.

But more then this you may be loose your self confidence.

So,follow this:

1.Take a deep breadth and relax

2.Don’t  take it personally and mentally

3.Reflect and adapt

4.Try to learn from your false activities

5.Plan your next step towards your career in your free time

As we all know the proverb,

“Failure is the key to success,each mistake teaches us something”…

 

– By Prerna Sharma (3rd Year, Krishna Engineering College)

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