Tag Archives: Jignesh Barasara as a business entrepreneur

Important Tips to Succeed As an Entrepreneur

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Entrepreneurship is not easy. Many people think that they will start a business and money will come their way. However, this is not true. You should understand that entrepreneurship is no magic that can instantly help you become successful and super rich overnight. Instead, you will need to work harder and work on your formulaic entrepreneurial skills to succeed in the market. To help young and budding entrepreneurs, Jignesh Barasara – a successful name in the industry has suggested a few important tips. Keep on reading this post for detailed information.

  • Utilize mistakes to learn and move forward

Do you know what the main reason why many entrepreneurs fail drastically is? Yes, you guessed it right – fear of failure. But you will be amazed to know that successful entrepreneurs such as Jignesh Barasara always see failures as positive experiences. They always try to learn from it so that they can handle similar issues successfully in the future. You should remember that making mistakes is something you cannot avoid while walking on the success path. But the most important thing is – taking complete responsibility for those knock-backs to keep moving forward.

  • Find a suitable mentor

Every successful businessman was once a beginner. But they succeeded because they have one thing in common – a good mentor by their side. Finding a mentor is the best way to learn everything about your industry and get familiar with the different ongoing facets of your business. Your mentor can also prevent you from making the same mistake that he or she has already made in the past.

  • Stay ambitious and hungry

Some young entrepreneurs feel so low and unmotivated after seeing even a small jerk. Just remember that running a business smoothly and successfully is not about going on an ego trip. You should keep yourself positive and ambitious all the time as it will help you stay focused to meet your goals. Apart from this, you must have a hunger to learn new things. It will help you do experiments to deliver the best services and products.

  • Walk with the trends

Businesses that stand still can never grow – Jignesh Barasara. Therefore, you need to get familiar with the evolving trends and technologies. When you do it, you will be able to utilize the newer processes. As a result, your business will become more efficient and stronger. This simple thing will let you create solutions that can fulfil the growing needs of customers and the demand of the market.

  • Foster long-term and strong business relationships

To stand strong in the cut-throat competition, you will need business relationships. No matter how bigger or smaller a firm you have, you should work with other companies you trust and like the most. This will help you build and foster long-term business relations with like-minded businessmen within your specific industry. By having strong business relationships, you will also have access to some financial aid.

  • Count on your guts

Entrepreneurship is not a black-and-white canvas. Instead, it includes decision-making, team building, and future planning. When you are new to the business world, things may become trickier for you to manage. In this case, you will need someone who can guide you better. For this, you must rely on your guts and instincts.

The bottom line

If you are a start-up or a budding entrepreneur, then you must be looking for inspiration and guidance to protect your business ideas, grow your venture, and become a reliable name. For this, you can connect with Jignesh Barasara for motivation and professional assistance.

 

Why Entrepreneurship is better than a Job?

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Many of us harbor some beautiful dreams of starting as an entrepreneur and becoming a big name in the industry. However, not everyone is bold or confident enough to follow the path of entrepreneurship. There is no denying fact that entrepreneurship requires immense hard work, discipline, and dedication to survive and thrive. Entrepreneurship is challenging but can truly be rewarding – Jignesh Barasara is a well-known name in the industry and a successful entrepreneur.

Do you know why being a business owner is better than being an employee? We are not saying that working with a firm is a bad idea, but entrepreneurship has its own charm. Check out the following points to know why it is a good option for you:

  • Be your own boss

When it is your venture, you can call the shots. There will not be anyone to ask you about things, reports, or give orders to you. It is all up to you – actions, ideas, thoughts, and plans everything will be yours. The feeling of being free can be energizing.

  • Decide your own pace for work

When you work in a firm, you will be liable to deliver your work within or before the given timeframe. This is a good idea to finish a task, but you may have a chance of making mistakes just to complete that work. But when you opt for entrepreneurship, you will get the benefit of planning your schedule as per your precise needs. According to Jignesh Barasara, you can be as flexible as possible to meet business needs.

  • Give all your dreams the most suitable platform

Every dream deserves a platform. And if you have entrepreneurial dreams and plans, then your venture will provide you with the platform wherein you can showcase your skills to achieve your goals. When you have a good platform, you will put all your heart and soul to reach where you always wanted to be at.

  • You can be a designer of your life and its way

Do you think you are creative enough? If yes, then it will be an added advantage for you if you want to start as a businessman. With a creative mind, you can plan and design the path of your life. As a capture of your life’s ship, you can create something unique and valuable.

  • Work fearlessly

The economy is volatile. So, while working in a company, you will always have the fear of terminations and layoffs. Besides, you can be fired even for a small mistake that can be fixed easily. But when you are working for your venture, you can work fearlessly. In case of a mistake or error, you can find ways to fix it.

  • Innovate as per your needs

Entrepreneurship is quite challenging but rewarding at the same time. Some issues include arranging funds, strategic planning, keeping a close check on revenues, managing competition, etc. – Jignesh Barasara. But you have an advantage – you can innovate according to your business and its precise needs. This is something you will miss out on when working as an employee. Entrepreneurship is the best way to bring out the best and most creative version of you.

Summing it up!

With entrepreneurship, you can keep yourself away from the hassles of cubicles, achieve individual satisfaction, and create something better for your business’s growth. But starting a business is not child’s play. According to Jignesh Barasara, you should be prepared well and ready to invest energy, time, and time. Lastly, you are advised to keep your mindset positive no matter what comes ahead if you truly want to attain success.

How to be a strategic planner as business entrepreneur

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Starting a business of course will be one of the most important highlights of life. According to a research, all over the globe only 10% of the organisations close due to bankruptcy, remaining 90% of them close down due to poor planning. Therefore, in order to become a successful business entrepreneur, it’s very important that you start your journey as a business owner by drafting a strategic plan for your business.

A strategic plan is usually meant for any existing organisation, so that they can advance the growth of the organisations. It further helps you define a suitable direction for your business in the next five years. Apart from this, it also helps in managing and implementing the entire business plan for your organization. Business plan on the other hand, is slightly different from this one. It is mostly meant for startups and is meant to define what your business is going to do in the next 12-24 months. It helps in convincing people to invest in your business.

Strategic plans are known to provide a well defined and structured focus and pathway as to where exactly and how exactly you what to drive the success chart of your organization. They also help you a great way to make a sustainable and successful use of your resources, which further will enhance your productivity. In this article, we will discuss some of the key steps that are required for strategic planning for your organization. These steps are given and implemented by the great business tycoon Jignesh Barasara.

Steps for strategic planning:-

SWOT Analysis:

Before drafting your strategic plans, make sure that you do a swot analysis of the same. SWOT analysis consists of analyzing the strength, weakness, opportunities and threats associated with your business. Strength here is the financial resources, employees, sales and marketing and some other growth strategies. Weaknesses as the name says are customer complaints, missing sales. Opportunities consist of gaining new ways and channels of delivering success. Threats here includes losing some of your most vital employees. Here, one thing that you need to keep a tab on is SWOT analysis gives you both internal and external analysis of your organizations.

Vision and Mission:

In order to be successful at strategic planning, it is very important that you keep your vision and mission well defined. And, both of these should be well aligned with each other. Mission statement is mainly meant to describe what is the purpose of the existence of your organization. Whereas, the vision statement about what are you currently delivering to the industry as of now. So, it’s just like writing your short term and long term goals, but keeping them aligned to each other for overall growth and development of both individuals and organisation.

Corporate goals:

After doing a thorough analysis of your SWOT and defining your mission and values, it is now important that you pen down your corporate goals. The goals that you list down in your strategic planning are basically the result of what aim you are trying to achieve. These goals can vary from anything from improving upon your products and services to increasing your sales. Keeping your corporate goals clear will help you define the right picture for both short term and long term achievements. Also, this will help you a great way to deal with procrastination.

Conclusion:

Being a strategic planner is extremely important when it comes to achieving success as a business entrepreneur. This is one of the key parameters that business tycoon like Jignesh Barasara follow in order to be successful.