These slides talk of the importance of values to the entrepreneurs and how sticking to them will help them in the long run. They talk of the different aspects that the entrepreneurs need to keep in mind once they plunge into the startup.
2. • A private company or a corporation may be
defined as a business company owned by an
organization or a group of individuals with
profit as the main motto.
• With more and more frauds pertaining to well
established companies being exposed, it is
seen that Industrialists have long departed
from the original principles that guided their
companies in the first place.
3. • Time and again, the world had whiplashed
them for the wrongdoings telling us that
resorting to such methods would give them
momentary benefits but would eventually
lead to their doom.
Now what exactly are the values that an
Entrepreneur needs to nurture?
4. Giving a customer his due dignity
• The customer is no more the person who
stands at the end of the business
pipeline, accepting things as they come. He
now stands at the helm of how things operate
in a business.
• With a hoard of companies available for the
customer in every aspect to choose from, the
company that strikes the right chord with the
customer wins.
5. Play Fair
• You’ve only just started off on this with your
startup, might as well make sure that you play
fair with the legal and financial issues and not
get allured by easy money.
• The sort of name you earn for yourself in the
market in what customers look for when they
approach your company.
6. Never Give Up
• Statistics from the West say that
entrepreneurs who’ve failed at least once in
their journey are more likely to be funded
than the ones who’ve just started off.
• They believe that the ones that get back on
their feet after touching a low are more likely
to achieve success.
• It is Never Give Up attitude that makes a
successful entrepreneur stand apart from the
rest of the crowd.
7. Stick to your basics
• Stick to the values that you had entrusted
yourself with when you took off with the
startup initially.
• In the ups and downs that you’d be taken
through in the journey, things around you
might be pointing to the contrary, but going
by your values would help you strike gold in
the long run.
8. Enjoy what you do
• Remember the time when you gave up your
job, dreaming, even if naively, about the
company taking shape, you sitting at the helm
of things.
• Try working with the same rigor and passion
with which you started. It is only as long as
you enjoy what you do that work would seem
play and you could script success with your
startup.
9. Treat your competitors with respect
• Your competitors are also on the same plane as
you and you might want to maintain a good
rapport with them.
• Having spats with them might not be healthy for
the business and the delicate balance you share
might be disturbed.
• Some other competitor might take the situation
to his advantage and push you to the brink.
Moreover the competitors serve also a means of
marketing. Through their word of mouth, they
could actually be endorsing for you.
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