Not every start-up succeeds, a large number fail for a
variety of reasons – insufficient funding, poor product, bad business decisions
etc. Hard work plays a big role in success of a business venture but so does
luck and timing. Being at the right place at the right time is very essential
for doing well in business. But having the right person at that crucial
juncture is what turns things in favor of the budding entrepreneur. Right
place, right time is dependent on luck to some extent, but having the right
person means you have to put in some effort and get things going.
Develop
the art of networking
How do you ensure this? Firstly , develop the art of
networking – meeting new people and learning from old hands will pay rich
dividends. When you network you build contacts who can help you in different
ways – they can even get you featured on their websites – that is free
advertising for you !
Make your own luck. You might meet the right people, but
if you do not follow up on your networking gains you stand to lose all that you
have achieved. Follow up with your contacts, keep in touch, do not miss out on
opportunities – they will not come back.
No
substitute for hard work
Whatever else you do, however much luck favors you remember
there is no substitute for hard work. Be diligent, persevere in the face of
adversity, put in more than 100% effort – only if you do this will your
business prosper. You have to work hard even to network and follow-up.
Opportunities will come your way only when you put in effort and keep your eyes
and ears open.
Be prepared for everything – good or bad. Don’t stop your
efforts but do not ridicule luck and fate either.
No comments:
Post a Comment