Question challenges status quo. People who love change, like questions.
Instead of blaming external factors for your failure, figure out what you could do (or have done) to achieve success.
You only control the latter.
To bounce back,
you need to hit the ground.
No one is going to help you build a business, unless you exhibit seriousness and maturity in building one yourself. No mentor will be able to guide you unless you have pointed questions arising from real problems that you are facing.
Practice is far more important than theory.
Bringing in bail-in provisions by financial institutions around the world, will further weaken people’s confidence in the traditional money markets. In the age of social media, corruption cannot remain hidden.
To create a great eco-system (if you care a damn), create a great company. Set examples of excellence in various functions and nurture talent.
The rest will happen by itself. You can relax and be proud of your contribution.
Self employment creation should be a bigger priority.
Once someone learns to support himself, he can take the next step to support a business and the stakeholders who come riding that.
An executive has one boss. And he can usually change him, if he hates him.
An entrepreneur has many bosses who control his life and whom he is answerable, and some of them he cannot change:
- Clients
- Investors
- Employees
- Government and Departments
- Vendors and Partners
The real test of a leader is when the rubber hits the road.
All plans look great on paper. But they start showing cracks over time, as one cannot control all variables.
How one reacts to the cracks and navigate to get to destination is what defines one’s execution ability.
Branding is:
80% Experience, and
20% Communication.
Together they deliver a positive perception and word of mouth.
In your growth plan, make two to-do lists.
- To-do to acquire new quality clients
- To-do to retain existing valuable clients
If you stop looking for mentor (babas), money (angels) and unnecessary attention (i.e from people who won’t be your stakeholders – employees, clients, etc.);
and instead start off by refining your offering, pitching and serving clients, you stand a better chance to succeed.
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Key to success in aggregator model: