If you want to become an entrepreneur or engage in a start-up, here are the three things that you would need to know:
📌 Building a Brand: People buy brands. I have seen a lot of businesses where the idea was vague but they created a brand around it and it worked.
In today’s world of social media, it is equally important to build your personal brand along with that of your company.
📌 Building an Inner Circle: It is crucial to build an inner circle comprising your partners, franchisees, investors, employees, etc.
To begin with, it
could be only 2-3 people who would complement you in your business journey.
📌 Work towards Early Success: If you are a young entrepreneur, everybody keeps an eye on you and more often than not you will hear about failure.
Early success is most important to keep you going and also to demonstrate to yourself and the world that you can do it.
Finally, businesses that are designed to sell never sell. Businesses that are designed to run always get investors.
It is important to design businesses that bring about a change and are responsible and create a difference.