Posts tagged ‘Entrepreneurs’

Common Characteristics Of Successful Entrepreneurs By Sachin Karpe

Successful Entrepreneurs

Sachin Karpe a successful entrepreneurs shares some of the common characteristics to become a successful entrepreneurs by his own experience.

Do what you enjoy – What you get out of your business in the form of personal satisfaction, financial gain, stability and enjoyment will be the sum of what you put into your business. So if you don’t enjoy what you’re doing, in all likelihood it’s safe to assume  that will be reflected in the success of your business–or subsequent lack of success. In fact, if you don’t enjoy what you’re doing, chances are you won’t succeed.

Take what you do seriously – You cannot expect to be effective and successful in business unless you truly believe in your business and in the goods and services that you sell. Far too many home business owners fail to take their own businesses seriously enough, getting easily sidetracked  and not staying motivated and keeping their noses to the grindstone. They also fall prey to naysayers who don’t take them seriously because they don’t work from an office building, office park, storefront, or factory. Little do these skeptics, who rain on the home business owner’s parade, know is that the number of people working from home, and making very good annual incomes, has grown by leaps and bounds in recent years.

Plan everything – Planning every aspect of your home business is not only a must, but also builds habits that every home business owner should  develop, implement, and maintain. The act of business planning is so important because it requires you to analyze each business situation, research and compile data, and make conclusions based mainly on the facts as revealed through the research. Business planning also serves a second function, which is having your goals and how you will achieve them, on paper. You can use the plan that you create both as map to take you from point A to Z and  as a yardstick to measure the success of each individual plan or segment within the plan says Sachin Karpe.

Do your customers really like you? says Sachin Karpe

Customers, Sachin Karpe

Do your customers really like you? says Sachin Karpe.  Failing fast leads to startup success. Many entrepreneurs seek to apply the principles and validate their business models and hypotheses about who their customers are (and how those customers want to buy). Entrepreneurs will often hear validation when there is none. They want the target customer to be the real customer and for that customer to validate the pricing, packaging, and channels of acquisition. The entrepreneur will often read deep validation into benign statements. As an entrepreneur, you should not ask sophomoric questions to your customers but rather get very real and very specific says Sachin Karpe

Books Every Entrepreneur Should Read by Sachin Karpe

Books, Sachin Karpe, Entrepreneur

Whether they’re battle-tested veterans or fresh-faced newbies, entrepreneurs undergo an intense learning process when establishing and launching a business says a Sachin Karpe. The Innovator’s Dilemma: The Revolutionary Book That Will Change The Way You Do Business by Clayton M. Christenen, 1997. Harvard professor Clayton Christensen, who has founded a handful of companies of his own over the years, delivered one of the most respected and useful books for entrepreneurs 17 years ago. The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries, 2011. Whether an entrepreneur is a business veteran who has experienced the highs and lows of the great dotcom bubble or a young says Sachin Karpe

Sachin Karpe says Entrepreneurs stand out from the crowd

Entrepreneurs, Sachin Karpe

Entrepreneurs are a unique group of people. Not only do they think differently; they act differently.

They draw on personality traits, habits and mind-sets to come up with ideas that straddle the line between
insanity and genius. But just because you’re an original thinker and came up with an idea to replace gasoline
in cars doesn’t mean you’re cut out to be an entrepreneur says Sachin Karpe

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