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Challenges for the Entrepreneur
Entrepreneurship is the logical psychological progression of the individual which marks his/her maturity as an adult who is willing to take responsibility for themselves and the world around them. Entrepreneurship with the right frame of reference represents all that is good about the human condition because it reflects not only the drive to do something…
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Entrepreneurship Dilemmas & Their Answers
Every time we stand and say, “I am ready!” a challenge will come forward. If we see the challenge and run away then we are back to square one. It is only when we take a step forward towards the challenge that we actively make the choice which will lead to victory. Notice that I…
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Paying my dues
Entrepreneurs make active choices. When one sees a successful entrepreneur at his peak, one tends to forget all that he had to do to get there. Entrepreneurs make what others call ‘sacrifice’ but which the entrepreneur himself knows is an investment in his own learning and development. He knows that without this investment in time,…
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FIKR
Sometimes people ask me for the secret of success. We live in a world of fantasy where people want magic formulae for everything. Let me tell you the good news. It is not a secret, but it is a magic formula. Focus + Investment + Consistency. Works every time. I have given it the acronym,…
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Building a Winning Team
Extract from ‘An Entrepreneur’s Diary’ Finally a word about people skills; the ability to build and run high performance teams. This is what spells the difference between commercial success and failure. No matter how skilled and talented an entrepreneur may be, no matter whether he has the funding or not, in the end what decides…
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Entrepreneurship Development is the key to economic upliftment
This picture which I took in Pune on my way to the airport after teaching a leadership course at SKF, is my all-time favorite. It is a picture of a man who decided to take his future into his own hands and become an entrepreneur. He gives the lie to all those who complain about…
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Entreprenuership is not about business
In the world of entrepreneurship and startups, which I inhabit and have some claim to, we say that you can’t succeed in your startup until you make a significant personal commitment. Most successful entrepreneurs deliberately had no Plan B (second option if the first didn’t work) because of two core beliefs: Their unshakable belief that…
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An Entrepreneur’s Diary – Interview
My logic was that I planned to succeed, so I was not going to think about what to do if I failed. That has always been my logic and it works. Not having contingency plans seems like gambling, but in my experience, contingency plans take the edge off entrepreneurship. Your fears then drive you and…
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Entrepreneur’s Tools for Success
I have formulated 6 rules which I call David’s rules. These are for anyone facing the big one – the big apparently insurmountable challenge which the whole world tells you to run away from. But you are among those who are uniquely deaf to the advice of those who are too frightened to think straight.…