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Implementing Key Drivers of Growth for Entrepreneur

This time is an exciting time to be an entrepreneur. ‘Make in India’, ‘Start-up India, Stand-up India’ and ‘Digital India’ are some of the few programs launched for the entrepreneurs by the central government. This is the time to stand differently and bring about a change in the existing ideas and products. Also there is a time to bring about the change in terms of adding values to lives that is the key driver that predisposed one to be an entrepreneur. The role of an entrepreneur is to be the harbinger of change, being an entrepreneur calls for a responsibility.
An entrepreneur generally lacks the support systems and often has to find motivation from within.An unwavering passion of an entrepreneur and the ability to love and execute the ideas drives a person to be a successful entrepreneur and contribute to the societal progress. An entrepreneur must have greater risk taking ability.
Few essential qualities of a successful entrepreneur are: sense of purpose-a visionary, data driven, hard working. It is essential to ensure the growth of a business but it can grow only when an entrepreneur grows. Every entrepreneur needs to pin down on ‘why we do what we do’. That’s the company’s north star, guiding every aspect from recruitment to customer management to product development and sales.

It is essential for an entrepreneur to stand differently even if it means standing alone. Being an entrepreneur may hold an exciting charm in itself. It is not only hardship that needs a man to have hard skin. But it is equally appealing to be an entrepreneur. Entrepreneurship can be very daunting. The first aspect of being an entrepreneur is to spot an opportunity in the form a kink or a glitch through the course of a certain pattern. One needs to think of a viable option and chart out a plan to tackle hardships. The need is to build a passionate and hardworking team to do stuff that needs to be done easily. The journey of an entrepreneur is very difficult. The entrepreneur must be adaptive and flexible. The business owners, managers, entrepreneurs must become the leader the business needs for every particular stage. The leaders need to keep evolving at the right pace and he/she must keep evolving every time. An adaptive and flexible leadership style comes from being mindful. This helps them to create, innovate and lead.

This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST SoftwareGST Return FilingGST Registration, Section 8 Company RegistrationNidhi Company RegistrationIEC RegistrationFssai LicenseFile ITR Online.

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