Mr Kunal Jagdale, BitsAir Exchange
Business entrepreneurs assume a vital part in any economy, utilizing the abilities and initiative important to anticipate needs and putting up new thoughts for providing goods to the public. An entrepreneur must possess communication skills. Every business person should be a powerful communicator. He must be skilled in communicating with stakeholders, investors and employees alike.
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As a businessman, an individual should have the skill to sell everything without anything. You must have that passion, vision and the capacity to learn. In the event that somebody is building a business, the capacity to learn is expected for progress.
Covid- 19 pandemic saw some unbelievable situations like lockdowns and collective fear. These were new to the world and people didn’t know what was happening around. The effect of COVID-19 on businesses has been large and overwhelmingly negative, and effects can vary related to business. It was a challenging time because of the occurrence of economic crisis. But however good cannot remain too far from the bad. The pandemic also bought a lot of opportunities for all.
At the centre of any 'startup' is the objective to recognize, distinguish and fulfil an opportunity in market. Design thinking is a people centred and action oriented way to understand and solve problems while Innovative thinking can help in predicting the market and to increase productivity and efficiency. In start-up thinking the goal is to produce something new and unique. It is important for a startup to innovate so as to thrive in the already existing market and also to make a name in it.
In the Beginning you must have a great idea because a great and practical idea will lead the development of your business. Moreover you must have good funding, analysis of the competition in that field and a positive attitude towards business. Entrepreneurs must remember that before you proceed to start something new, be ready to embrace the failure. For nothing can be achieved without tasting failure. In hard times stick to your confidence and don't forget to believe in yourself.
Business visionaries should persistently ask themselves what business they need to be in and what capacities they might want to create. Additionally, the organizational shortcomings and flaws that the entrepreneurs face consistently would make the managers of an experienced organization alarm. Numerous young entrepreneurs need to make use of coherent strategies, competitive qualities, capable employees, satisfactory controls, and clear detailing connections so as to initiate smart work.
To attract first 50 clients, you must have a well-designed and easy to understand website. You have to be active on social media platforms and to retain you must launch regular offers, discounts and great deals for your clients.
Entrepreneurship is a consistent journey of persisting and thriving. Be ready to take the leap of faith with confidence and hence achieve.