Setting up a business these days is easy. Sustaining it is the hard part! Although people start strongly, they eventually die down and do not recover. Success, therefore, becomes a dependable factor.
What makes a person successful is a topic discussed openly everywhere. Many seminars talk about the same thing time and over again. But we hardly ever hear about the negatives that block our success. While learning things that make one successful is important, paying heed to the lessons that can help you understand the blockers is also important.
This blog is aimed at helping you note some of the blockers to your success that you might be unaware of. Although we do mention the negatives, we also present some of the ways to effectively manage and avoid them.
You do not have a positive mindset
When there is an idea, you need to think about it for quite some time to understand if it would work or not. Once you are convinced that it would, you need to make it work no matter what. Period! And a great part of this has to be done with the right kind of mindset.
Our minds get influenced sooner than you think. It works by collecting data from all over the place and if you don’t be selective enough on what to take in and what not to, you will be landing in a pool of dilemma. Positives help you get somewhere, negatives destroy everything that you have built for yourself.
Social media is everywhere, and people keep posting a lot of things every day, all the time. Some of them make sense and some do not. It’s hard to escape the digital bug.
It’s important to stay ahead and do things first, but it’s also important to know how to not be distracted most of the times and focus. You need to set aside time for different things and learn the art of time management on a priority basis.
Letting go easily
Giving up is easy and anybody can do it. The harder part lies in analyzing a mistake, understanding the factors that caused the mistake, reviewing it, and then fixing it if possible.
Blunders in business are nothing new. Entrepreneurs are not spared either. But what’s most important, is what lies next in terms of what one could do about the situation. Most people are eclipsed with the illusion of failure that compels them to give up. In such moments, take a step back and reflect on alternative steps that could have steered the whole momentum on a different path. It’s better to put a semicolon and end a sentence than simply closing the book to end the story!
A lot of people assume that success comes easy. They often attribute success with good dressing, materialistic things, bank balance and is often mistaken to be glamour. But the truth is beyond all this.
Simply put, success is a cumulative effect of incremental hard work every day, over a period of time. Success is being patient with yourself, progressing with the idea, developing creativity, and learning to forgive yourself when you screw up. This is the actual definition of success and no, it does not come that easy.
To be successful, you need to convince yourself and make up your mind to do the same thing over and over again. It’s about will, courage, and things that are not spoken about anywhere. It is perhaps the only thing that will teach you a lot amidst adversary.
Relying on others
If you are looking to build a software product, you don’t have to be an expert in dealing with it. But knowing your stuff is what will leverage you and will set you apart from others. This quality helps in many ways.
Retaining talent is a hard task. A lot of employees leave start-ups earlier than expected due to many reasons. Replacing the right kind of talent is hard and takes time. If your product or service is running on a strict deadline, you need to have a strict policy against this, or worst case, you need to get yourself ready to toil. Without knowing the technology or the product, there is very little you can help with.
Knowing and developing business skills and management aspects are one thing, but exposing yourself to the right kind of development technologies and the product itself is another, and this is a must.
Fear of Losing
This factor haunts everyone and spares no one. The fear of losing is an age-old problem. As an entrepreneur, you are faced with problems of trying new things, experimenting with new stuff, taking calculated risks, delegating work. As the captain of the ship, you need to steer your company on the right path. Sometimes, you make mistakes and fail; And this IS OK! – as long as you do not plan to stay there.
However small or big your business idea is, you will succeed if you are brave enough to believe in it. Gates once sparingly said, “Every company will fail at some point; it’s just a matter of when!”
Viewham is built to help you address some of the issues mentioned here. For starters, it can serve as a beginner’s platform to help you find a part-time investor or like-minded people who can partner with you to do more. Log in today and take a look at what ‘IdeaZone’ has in store for you.