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Startup Mindset is important to be Successful, 5 interesting points from an Educator
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Is Startup just a Buzz word?
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A Startup's mindset is not always about the profit motive |
Entreprendre is the root word for Entrepreneurship. It is a French word that means to undertake. 'Startup' is more than a buzz word. It is something that is more than just doing business, it is creating solutions and enhancing our daily lives.
A Startup's mindset may not always have a profit motive driving it, but could be more than that. I have seen it as a way of creating something a great value. Value to customers and the market.
I don't think it is a millennial fad. It is actually applying what they have understood about their field and using business to enhance the effectiveness of their venture.
So today, Let's look at five interesting points that I believe are important to a Successful Entrepreneur.
1. Being Action-oriented
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Massive Action |
This is one interesting aspect of a Successful Entrepreneur. The ability to move beyond the ideating phase to actual execution.
A lot of times it is the overthinking that kills the project.
Moving to action is what is needed. I remember seeing one of my ideas years later becoming an actual product. (I had thought up something similar...Won't tell you what! :))
It made me interested in Entrepreneurship even more. Sometimes we need simple ideas to begin our journey as an Entrepreneur, not a complete roadmap.
2. Moving away from Perfectionism
Perfection can seem like a very noble task as a person. But sometimes it stifles any action.
Rather than getting stuck in Perfectionism, we can move away from it to something more achievable, namely Excellence.
Now it is more about a journey and not a destination.
We are now focused on the daily activities and processes that enhance or kill our dreams rather than an illusory event.
3. Always being ready
So how do we prepare for it? We can build a process or a plan for change. A successful Entrepreneur builds processes and systems to deal with change.
4. The Compounding Effect
I found this idea on many books but in this podcast 'The Mindset Mentor'. It got me thinking about it again, but more in the context of Entrepreneurship.
Entrepreneurship is also about a compounding effect of various tasks and responsibilities carried out daily.
Small Steps that we take daily has the potential to add to our success or failure. It is something that we determine.
5. Uncovering the Reasons
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Having a Strong Foundation |
The reasons behind our actions or even the dream projects we undertake are important.
It should be something as firm as a rock.
A Successful Entrepreneur understands the benefits he is proving stakeholders and himself by the projects he undertakes.
It should be something as firm as a rock.
A Successful Entrepreneur understands the benefits he is proving stakeholders and himself by the projects he undertakes.
Conclusion
Entrepreneurs create value and opportunities for a lot of people including themselves. They bring about positive change (most of the time). But it is some important points that I just covered that make them more effective.There will surely be some points you find interesting in Successful Entrepreneurs that you see, please share them in the comments section.
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