|
The entrepreneurship as
wisely pointed by Mr. Rajat Khare (CEO Appin Knowledge Solutions) that it
is an art of taking risk. Entrepreneurship is all about taking calculated
risks. It is the ability to identify the gains and losses in advance and
the determination to continue even the plans
completely fails and most important to have a back up plans i.e. he/she
must have something to fall back on to minimize risks.
The ability to take
risks reflects leadership qualities of an entrepreneur. A leader is always
prepared to make first move and able to show his/her vision to the team.
Leader is the binding factor for his/her team. He/she works as an elder
member of a family, understanding the need of
the team members, helping them to solve their problems, motivating them to
utilize their potential to fullest. For leader team comes before his/her
personal interests.
Warren Bennis, a noted
writer on leadership, says: "To choose a direction, an entrepreneur must
have developed a mental image of the possible and desirable future state
of the organization. This image is vision. The vision is something like a
dream which an entrepreneur keeps in his/her heart 24 hours a day, 365
days a year. The vision reflects the heights where an entrepreneur wants
his/her venture to reach. Vision is something the organization intends to
become and to achieve at some point in the future.
The vision is not
achieved alone. The entrepreneur has to work in close accordance with
people actively involved in the day to day affairs of the company. These
people includes employees, business partners, customers and of course
competitors. Thus certain qualities are required apart from leadership and
risk taking abilities.
The foremost thing is
to establish trust with whosoever you work. Until and unless there is no
trust you can not survive. You must trust your business partners,
employees. Trust along with mutual respect for each other creates a
healthy environment needed for growth.
The customer is the
most treasured asset of any organization. By providing quality
products/services you are not only generating revenue for the company but
creating an image among the customers which helps in realization of your
vision in a very short span of time.
Thus if you have the
ability to take risk, leadership qualities, vision then only sky is the
limit for you.
Written By:
Lokesh Gupta
Contact him at :
lgupta@eugenictechnologies.com |
|
Writer
Profile
Lokesh Gupta is
the co founder and CEO of Eugenic
Technologies, a software consultancy company which he co-founded in 2004
while still in the college along with alumni from IIT Delhi.
He is the
undergraduate student at Indian Institute of Technology, Delhi, India.
|
