India is emerging as the global hub of entrepreneurship. Thanks to the innovative and passionate young minds in the nation, entrepreneurship is slowly becoming the new normal. Also, foreign as well as national investors are providing a significant boost to the revolution.
There are numerous successful young entrepreneurs in India, but no one comes close to?Jitesh Tilwani. He is one of the youngest entrepreneurs in the country who is not aiming for a successful?business?but instead the development of the youth in our nation. Being a young man himself, he knows very well that what our youth engaged in entrepreneurship needs right now is a little guidance to have a clear vision. That?s why he has decided to share a few tips that he has found useful in his journey.
Here?s what he has to say to the young entrepreneurs in our nation!
A clear vision is a must in entrepreneurship
Since you are going to develop a business that is meant for serving or assisting others, the most important thing is to have a clear vision. You must be aware of what you want to do and how you intend on doing it. Have an objective that you will follow throughout your journey. Not only will it guarantee you success but also help you to tackle the unavoidable challenges in your way. Let us consider Amazon. When Jeff Bezos started Amazon very few people supported it. But he had a vision, to become the largest customer-centric organization in the world and today it certainly has become one. So, have a clear vision for your business.
Aim to provide solutions
Remember entrepreneurship is not about building giant businesses, it is about providing solutions to your clients. If you focus on delivering fancy products, it will benefit you surely, but there will come a time when you won?t be getting a sustainable profit. Your focus should be on delivering what your client needs rather than what your competitor will provide him with. Be creative while you provide a solution to a problem. This will keep you in the market for a long time.
Be passionate about what you do
There?s no use in establishing a company that does some work when it is something that you don?t like at all. You will invest your blood and sweat in the work only if you are passionate about it. You will face the challenges only if you are willing to see the best that is out there. This is why have a passion for your work. Do what you love the most. This will ensure that you don?t consider your work as a burden and do it with excitement.
Learn to communicate well
Good communication skills are a must if you intend on becoming a successful entrepreneur. If you are good at communicating your ideas, there?s no need to run after your investors and clients. What you say and how you say plays a big role in your entrepreneurial journey. It will help you build a strong network that will act as a support to you.
Never shy away from asking for help
There comes a time in every entrepreneur?s life where they face something that was never expected of them. It can be anything from a financial issue or even an existential crisis. In such scenarios, never hesitate to ask for help. Remember you cannot do it all by yourself. Surely, you can do it, but never say you are the only one who can do it. Also, it is good to have a second opinion about what you intend on doing as an entrepreneur. Maybe when you do share your ideas, you can improvise your strategy and also meet some like-minded people.
Patience is the key
Success doesn?t come instantly. It takes years of perseverance and dedication to get a desirable result. If you are patient, success will come knocking at your door. Keep in mind that the ancient and beautiful Rome wasn?t built in a day. Focus on what you want to achieve and act on it. Don?t let anything get in your way. If you make mistakes learn from them, grow from them.
These are some tips that Jitesh hopes will help budding young entrepreneurs. Challenges are present in everyone?s life, how you tackle them is what defines you.