Transform Your Dream - Your Path To Entrepreneurship

Wednesday, January 28, 2009

Everyone wants to be his own boss. The path to entrepreneurship is something that all of us dream off. It’s great to dream, because it’s those dreams that present to us the goal that we need to achieve. To a whole lot of us, the dream sometimes seems blurry. We fail to truly understand what we need to tread on, to reach the dream of transforming from an employee to an entrepreneur.

Here are 5 steps to kick start a successful entrepreneur journey

1. Dream Big – Only if you can dream, can you see what you want. Dream Big, that’s what gives you the hope to move on.

2. Make The World A Better Place – If your aim is to make money from a business, the probability of you achieving success would be very low. Work on making the world a better place, this is what every big corporation has done. Look at Sony, Microsoft, Philips, HP, Dell, Honda, Wal-Mart all of these corporations are what they are because they have made products that have made the world a better place. Once your goal is clear, the money would automatically flow in.

3. Communicate – Most people are very worried that if they talk about their ideas to start a successful business, there is a high chance that someone might steal it. This is NOT TRUE. There definitely are a thousand other people in this planet thinking about the exact same idea that you have, to start a business. The best bet here would be to talk to reliable and “Smart” friends, family about your idea. There is always a huge possibility of them adding a new thought to what you’ve talked to them about. This will give you an edge when you start off.

4. Reason Over Passion
– Like I always say “let your passion not take over your reasoning”. Have a just logical reason for your decisions. Make decisions which are good for your business, not ones that make you happy.

5. Teams – Once you have the Idea in place, build a team of the best of the folks that you think are the ones who would be the founding pillars of your business. There is a catch to this step though. There are times when no one is ready to venture out into the deep sea with you. This is when you have to look at the option of asking your proposed team to at least stand in as consultants with you.

I have a lot many steps more that I would like to share, but I’d do it some other time in another post. Feel welcome to post your thoughts, views in the comments.

For more entrepreneurial talk and ideas visit the Home Page of my blog

Copyright © Dennis D Maliekal

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The Person Behind The Blog

Hi, I’m Dennis D Maliekal and I write the “Entrepreneurship And Beyond” Blog to help people transform their dreams of becoming an entrepreneur.

I started writing the “Entrepreneurship And Beyond” blog in Dec 2008 to give ideas, suggestions and tips to people who would like to make it big by evolving from an employee to an employer and pursue the path to entrepreneurship.

I have spent close to 4 years working in huge multinationals in various roles from being a software developer to a Program Manger and Market analyst. Feel free to join the discussions, add your thoughts and experiences through comments.

To contact me, please email me at dennis.dm@gmail.com

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