2 Top Reasons Why Entrepreneurs FailSeptember 13, 2017
If you are an entrepreneur or going to be then it’s the time to change your business strategies to unlock the door of success. If we could get crores of money for every idea then there would be no need for us to be an entrepreneur. The real fact is that an idea itself has no financial value.
The money becomes real when we perfectly execute the idea. This definitely requires skill, smart work, patience, networking, leadership and a lot of things apart from just an idea.
Entrepreneurship, thus, becomes a managing of so many things. It’s all about how we execute the idea. It’s fact that nobody gets quick results. Success is a result of constant efforts, risks and failures.
Now days even if entrepreneurs have good ideas they are still getting failed because of the below mentioned reasons
1. Passing with a good grade from a reputed Business school is great and does require hard work, but to be a successful Entrepreneur it require beyond level hard work and patience. You may have good grades but how many times did you actually took a failures and overcome it??
Even though you may be hardworking & really smart but you have to know that business world is not like a school anymore where you can measure success in terms of grades. Here success is measured in terms of risk taken & number of failures survived.
2. Don’t start up something just because of start-up is craze and popular. We can see these days so many people are investing their efforts in social media products just because they are popular these days. Mostly you will fail because you do not know concept how to run that particular business with skill and patience. There must be something that you are good at and you have to work on that.