Why,When,Where?

Why entrepreneurship? Entrepreneurship is nothing but doing what u like with at most freedom and make a living out of that so I would like to ask why not entrepreneurship?

• Is there anyone who doesn’t like freedom?
• Is there anyone who loves being a salve and love mechanical life?

If the answer is no then why not entrepreneurship? Is it because of :

• Fear of failure – Learning from experience and serve ur customers loyally must be your objective. If making money or going behind fame becomes ur objective then chances are high that u deviate from ur goal. Remember people pay u for what u serve. Learn from ur experience u’ll be successful.
• Lack of funding – plan ur biz properly and focus on what u can do with what u have now, don’t make plans in air and ‘NEVER wait for anyone to help u, just go and do’. I’m telling this from my experience. Believe me waiting for help won’t do anything good for u, once u start you’ll get help on the way that’s nature law.
• No Mentor – When u have life as the teacher why do u need another mentor. Believe in urself and believe in ur idea everything will go fine.
• Lack of idea – you can see tons of problems around u, find a solution and sell it.
• Hindrance from parents and society – If u doesn’t live UR life as u wish then who else is going to live? Parents are ur first client if u can’t convince them with ur idea then it’s difficult to market ur product. So take it as a challenge. Regarding the society, street dogs always keep barking, enjoy the tune and once ur biz goes well give them some putrid pieces of meat.

When to start? Right time never comes and life is too short to wait for right time so start it as soon as possible “NEVER wait for anything”. Where to start? Place where u won’t get bored sitting 20hrs at a stretch is the best place to start ur biz. Start the work from ur room atleast conceptualizing a biz u can do from ur room

“When everything seems to be going against you , remember airplane takes off against the wind not with it” ~Henry Ford

Sequoia’s Message to Start-ups

   

 

 

 

 

 

 

Sequoia Capital, the VC firm which gave seed funding to CISCO, Apple Inc. etc. had sent the following  message to the companies in their portfolio. This seems to be a lesson applicable to all.

1. The Good Times are Over!
2. Cut spending. Cut fat. Preserve capital.
3. Focus on quality.
4. Reduce risk.
5. Make sure you have one year’s worth of cash.
6.  If you have a product, reduce expenses around it and boost sales. If the product is ready, cut the number of engineers.
7.  Be brutal when it comes to marketing — anything that isn’t working, cut it.
8. Don’t burn through your cash, for cash is king.
9. Cut base salaries on sales people and leverage them with upside.
   10.  Most importantly, be true to yourself.

The last one is really hard, i guess
So it is better to be objective with your own business ideas.
Be realistic.