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What Haunts An Entrepreneur?

2017-08-10 17:12:43 | Legal Services
Entrepreneur
Being an Entrepreneur is not at all easy. You have to be a leader but at the same time, you have to listen to many. You have to be strict but you cannot be dominant. You have to be a boss but not in front of your clients. You need to know everything about your company, from the working to the manufacturing to the finance and legalities. That is the primary reason why you are suggested to do what you love. Because, if you do something you don’t like your company will die under the pressure of so many things that are foreign to you. Even if you love what you do, still there are things you cannot hope to excel in. No one can excel in every field. if you like the workings you may not like the finances. There are so many parameters and so many responsibilities. All these draw just one conclusion. Being an Entrepreneur is very difficult. There are things which will scare you. But there are few things which scare or more like haunts almost every Entrepreneur.
Clients:
The first and foremost issue that scares every Entrepreneur is their clients. Even before starting a business, Entrepreneurs starts thinking about clients. Will they come? Will they buy my product? Will they like it? Will they criticize it? These questions are very common. No matter how big or small the business is, clients and customers are the ones to finally describe the position and status of the business. However, thoughts of not having clients should not scare you away. It should make you more hard working towards your business. Focus on your product and marketing strategies and you will get there sooner or later.
Self-consciousness:
The second biggest issue that haunts most of the Entrepreneurs is ‘are we good enough?’. This is again a very common query. One which no one but only your work can answer. It is your idea and the way you execute it. Everyone is talented. It is you who has to look for that talent and use it in the right way. If used in the right way, you are not just good but you are the best. Confidence is a must in this field. Though, the confidence should not convert in over-confidence. Being in a market itself is a huge risk. Anything can happen. You may fail. Most of the Entrepreneurs fail. But only the confident one rises again and again until and unless his company is a success.
Finance and Marketing:
Money and Capital are something that scares everyone. It is, in the financial world, most desired. Entrepreneurs can never be full of money. They are always in need of it. It maybe for further investments or for product research. But, raising capital is not easy. It is one of the most challenging issues. Raising high capital with low or no interest is a dream comes true. Marketing is even tougher than raising capitals. Getting attention from the crowd, attracting and engaging people is one of the most challenging tasks. Everyone have different choices and perceptions. Handling them all is, therefore, very difficult. Marketing in such a way that it brings no harm but only clients and investors are what every Entrepreneur wants.
Haters:
Entrepreneurs feel that they have achieved something when they receive praises and good comments for their work. However, one thing that doesn’t let them sleep in the night is criticism. If you are doing something, you can’t expect everyone to love you. Some people will always oppose you and your ideology. Some may have opposite perceptions and some may simply be the victims of jealousy. But that should not scare you. In contrast, it should be taken in a positive spirit. it tells you that you and your company are doing something, they are affecting the lives of people. Criticism in itself is very important. It should help you in improving yourself.
Failure:
Entrepreneurs often find themselves sleep deprived because they are scared of failing which is absolutely absurd. Failing is mandatory. Failure teaches you things that success never can. Failure makes you realize the importance of success. It lets you make mistakes and learn at your own pace. You fall many times when you learn to walk. Similarly, you will fail when you learn to succeed. Let it come and teach you. It may bring along dark and difficult times. However, at the end, it will leave you strong and knowledgeable.
The conclusion which can draw from above is that there are things which haunt every Entrepreneur. It may not necessarily be the above-mentioned ones. They are just the common issues. However, they should not be feared of. They should make you stronger and more determined towards the success of your company. When you want to achieve something big, many issues and hindrances will come in your way. They will try and bring you back. It solely depends on you, on how you can deal with these issues. If you ever feel that your issues are getting out of your hands, you can contact our team, at LegalRaasta. We will be more than happy to assist you.

This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST software, GST Return Filing, GST Registration, Section 8 company registration, Nidhi company registration, IEC registration.


About LegalRaasta
LegalRaasta is a technology platform to simplify legal and business related matters. We are committed to helping startups and small business owners in solving legal compliance related to starting and running their business.Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man.
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