Few rules for Succeeding as an Entrepreneur by Mohit Aggarwal Aastha Group
Success is a function of our belief that we will succeed and our determination not to fail.
So what are my tips for entrepreneurs? says Mohit Aggarwal Aastha Group
1. People are more important than strategy.
If you focus on finding people you want to be with and who you think are talented, chances are you’ll come up with great ideas together that will work. If you start with an idea and then try and find the talent, chances are you will be putting a square peg in a round hole.
2. Know what customers really want.
Business school teaches the importance of listening to customers. That’s great if you know what to listen for.
3. Market size is everything.
When VCs look at any investment, they will try to forecast the potential market.
4. Be the customer.
How many times have you seen employees acting against the interest of their company, because the rules of the company made them act that way?
8. Think about growth.
We have all wondered what we’d do if we won the lottery. When starting a business, you need to think about what happens if it actually takes off. How will you scale? Who would you hire tomorrow? Would you open up in another city? Would you franchise the business? If you are trying to build the airplane while flying it, don’t be surprised if you crash.
Read more about business blog by Mohit Aggarwal Aastha Group.
So what are my tips for entrepreneurs? says Mohit Aggarwal Aastha Group
1. People are more important than strategy.
If you focus on finding people you want to be with and who you think are talented, chances are you’ll come up with great ideas together that will work. If you start with an idea and then try and find the talent, chances are you will be putting a square peg in a round hole.
2. Know what customers really want.
Business school teaches the importance of listening to customers. That’s great if you know what to listen for.
3. Market size is everything.
When VCs look at any investment, they will try to forecast the potential market.
4. Be the customer.
How many times have you seen employees acting against the interest of their company, because the rules of the company made them act that way?
8. Think about growth.
We have all wondered what we’d do if we won the lottery. When starting a business, you need to think about what happens if it actually takes off. How will you scale? Who would you hire tomorrow? Would you open up in another city? Would you franchise the business? If you are trying to build the airplane while flying it, don’t be surprised if you crash.
Read more about business blog by Mohit Aggarwal Aastha Group.
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