The start-up journey is long and challenging for a Founder to be an Entrepreneur
The poster boy of Global IT Industry Bill Gates who dropped out of college and build a company worth $80 billion is considered to be the most successful college dropout in the world. Gates left Harvard in 1975 to found Microsoft with Paul Allen. Jack Dorsey who had a brief stint as a masseur and fashion designer founded the iconic micro-blogging website, Twitter in 2006 which was later sold to Elon musk for $ 44billion dollars. Back home, Aadit Palicha and Kaivalya Vohra —dropped out of their under-graduate programmes in Stanford University was just 19 years when they stormed the Indian grocery delivery platform with Zepto.
As an entrepreneur, it is essential to look a long term view
What made these entrepreneurs unique, they are the ones who are ready to take great financial risks, sweat themselves for extended hours and practically ready to torture themselves while trying to stay afloat and build a business from the ground up. This seems to be a harrowing deal for someone who has entrepreneurial dreams but are ready to go ahead with these tough prepositions.
However, this is in spite of the fact of they are well aware of that 90 % of the start-ups never celebrate their anniversary, however, what keeps them afloat is their aspirations.
Setting is a plan is essential part of your start-up journey
We would like to share top 3 principles that made these entrepreneurs afloat in spite of their tough journey:
Great Vision:
French author and aviator Antoine de Saint-Exupéry once said, If you fail to plan, you are planning to fail. It has been observed that a lot of successful entrepreneurs failed because they do not have a sound plan. The plan helps to float the company and also utilise the resources in an effective way. Not setting a plan is like you have started your ship towards a journey whose destination is not well defined as a result there is a great possibility that it would submerge in a deep-sea sooner or later.
Passion
Another principle that helped the entrepreneurs to survive during their tough journey is their not to say die attitude and dogged attitude. The great love and passion for the idea help the entrepreneurs to float for a longer time.
For the person who is looking at the business from the angle of an outsider only understands that the objective of the business is to make money however it is the love and passion of an entrepreneur that fuel the fire in an entrepreneur. The fire in the entrepreneur keeps them waking on the tough journey of personal sacrifices like not spending time with family and friends.
Byju Ravindran and Divya Gokulnath were teachers before they launched Byju’s. It is their love for the education and the challenges faced by their students that helped them to build the most valuable start-up in the country.
Focus
All the entrepreneurs are dogged and are an ardent believer that is capable to do anything. Successful entrepreneurs adopt a disciplined, focused approach prioritising what is really important. Focus is also acknowledging how best to spend your time.
