Entrepreneurs remember R.I.P

Shruti Arora
Published on: 21st July 2014
When an entrepreneur thinks of starting any business there are a gamut of thoughts that comes to one's mind as they begin their journey to realize their dreams of being famous and successful. It's a wonderful and scary feeling. However, perseverance and believing in yourself is the key to reaching the goal you set for the future. As they say, "Tough roads lead to beautiful destinations".

"R" stands for Relationships & Right Decisions - Being diplomatic and having cordial relationships with your customers, partners of the firm, stake holders, colleagues, vendors, chartered accountants and lawyers is critical in building a strong foundation for your company.

Life is full of decisions. In fact, every minute you would need to decide what next as you are in charge. Good, Bad or Ugly; it's all yours . Think before you act and make smart decisions. "Smart Leaders make Smart Decisions".
entrepreneurs remember r.i.p,inspiration
"I" stands for Inspection & Inspiration - It is vital to the business to know what is happening in the organization at every level so that you can understand better and inspire the team accordingly. Empower them; however, complete dependency and faith on people/single person is a blunder. So, ensure that you have your hands on the business and have an update every day; else you would be in for shocks sometime or the other.

"P" stands for Process & Prioritize - Make the organization process oriented for smooth operations and better productivity. Employees join and leave for various personal reasons /career prospects /conflict with bosses or team members at different points in the career growth chart. Company data/copy rights/information should be completely protected. Hence the organization should be process oriented and not people specific.

Time management is essential to minimize stress and have higher team commitment. This would enable a work - life balance for all and will result in achieving better results for employees and the company goals. Prioritizing your tasks would save you from unnecessary headache and embarrassment and would help you become a winning leader.

Inspiring Quotes :

"Your work is going to fill a large part of your life, the only way to be truly satisfied is to do what you believe is great work and the only way to do great work is to love what you do". Steve Jobs - CEO Apple
"Don't worry about failure; you only have to be right once". Drew Houston - Co founder & CEO Dropbox

"Life is not always a matter of holding good cards but sometimes playing a poor hand well". Jack London, Author
On a scale of 1-10, how inspiring did you find this article?