Thursday, June 16, 2016

Is entrepreneurship a distant dream today?


It might seem common to hear entrepreneurs coming from top business schools charting out their start-up success stories today. But in reality, it doesn’t really require an MBA degree to open up a business. The thumping successes of Dhirubhai Ambani to those of Chanda Kochar show the two sides of the same coin. It is neither a degree nor the normalcy of not having one that decides your fate.

It all starts with the one thing- “The spark to carve out a name for oneself!!” Had that not been true, Steve Jobs would not have made Apple what it stands today; working day and night in a garage, trying to turn fortunes in his favour. It requires patience and persistence to struggle, fail and again stand up to one’s dreams and try alternate paths to achieve the same goals. Sam Walton would have been unsuccessful in making Walmart the largest company in the world had he given up on his dreams after he had settled comfortably in his life. It is about limiting the number of hats one wishes to adorn oneself with and focus on the strengths to play the winning streaks. Pierre Omidyar would not have made eBay the buzzword of online shopping without that. It indeed seems interesting to learn things the hard way. But however cliché it may sound, learning comes through the experiences of others, the mistakes made and the actions taken, the easy way!

When we start investing in ourselves, our strengths automatically become the power to turn our fortunes. The expertise and competitive advantage of the business follows up. But, in the end, it is important to love what one does. The passion and the love for the game only made Roger Federer the one to fetch the title of a “17 time Grand Slam Winner”. Had the love for the business that Dhirubhai was pursuing vanished, Reliance would have been an unknown name lying in the attics. The dream to be successful realises from the patience and lessons learnt on the difficult terrain, from the tangible plans that one charts out for oneself, from the honesty and dedication one puts in to accomplish the goals! Had the failures bogged down Howard Schultz, we could not have relished on the taste and flavour of our favourite coffees from Starbucks!

It’s all about the race for oneself and no one else. When it’s all that you love and enjoy doing, no one can dare stop you! NO ONE!!

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