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The Millennial Entrepreneur Craze to the Business World

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The Millennial Entrepreneur Craze to the Business World

An Entrepreneurship sets up an enterprise for profit motive and rightly so. But if you start your business with the ‘Show me the money’ attitude, rest be assured that you will not go very far!

Ever wondered why in the world of Entrepreneurship, some carve a niche for themselves and stand out from the crowd, while others, even though successful, have a mundane existence?

Well, it all lies in certain qualities that a Millenial Entrepreneur may possess or the way certain activities are conducted by him/her. Here are special skills that you need to hone to become a Successful Entrepreneur.

Everybody has a certain goal in life, which refuses to go away or change. You must understand this goal to be the calling of your life. Write down this goal – It will time and again remind you how important it is to achieve this goal and will not let you sleep till you achieve it and become a celebrated Millennial Entrepreneur.

 

Share your Dream with Right people – Law of Entrepreneurship

In this world of make-belief, you should be able to distinguish between the good, bad, and the ugly. Many Entrepreneurial dreams die a quiet death because somebody labeled it ‘stupid’ and constantly put you down till you also started believing your dream to be stupid and chose to abandon it. Share your dreams with only those whom you trust and are actually the propellers of your life.

 

Find yourself a Mentor – Key Role in Entrepreneurship

Someone who has already been there after many trials and turbulence is the right person to advise you. Somebody who has been there and done with can impart some priceless wisdom which you can use to carve a niche for yourself. But you must be very clear about what you will gain from the mentor-men-tee relationship. This will determine whom you can tap for assistance. The right Mentor will always short-cut your learning process and give you the push you need and help you to stay task-focused.

 

Observe deeply and Practice Incessantly

A Millennial Entrepreneur must consciously set aside some quiet time to take on board any new ideas, things to learn, and allow your mind to wander. You never know what your ‘downtime’ can fetch your business! Similarly, only incessant practice will make an Entrepreneur perfect. Short cuts have never helped anyone in life. It is only your endurance for more and more practice that will give you results.

 

Seek Challenges in Life

The yardstick of success of a Millenial Entrepreneur is measured by the challenges he/she has overcome. Never be scared to consciously seek challenges in your Entrepreneurial life. Remember challenges are not a setback of life. They are simply life’s way of requesting you to make full use of the resources and tools available with you to resolve them.

As a Millenial Entrepreneur, you must have the skillset to select the right tool at the right time to overcome the challenge.

 

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Welcome Criticism – Challenge in Entrepreneurship

In your journey as a Millenial Entrepreneur, be ready to welcome criticism from associates/stakeholders/clients/ and sometimes even friends and family. There will are people out there, they’re highly critical of your product/service. You must possess the gall to take such criticism in your stride and take them positively. If praise motivates you, then criticism must stimulate you to do better and better, not the opposite. If you cannot accept criticism, then your ego is getting in the way of your best judgment.

 

Be Self Driven not Ego Driven

A Millenial Entrepreneur must be proud, confident, self-assured, but not ego-driven. Be humble and let your feet be planted firmly on the ground. Let your actions and achievements speak for you, not your boating and bragging. The more you brag, the more will sound phony. Remember, it is the empty vessel that makes the most noise.

 

Carve a niche for yourself

A Millennial Entrepreneur must try to find out his niche area. Each of us has a unique ability, a quiet story that sets us apart from others. Play around with this strength and craft your own persona. Of you try to become a carbon copy of some you admire, you will never be able to make a name for yourself. Remember, the original always looks better than the copy. So leave your idol on the pedestal to be admired from a distance.

 

What Goes Around Comes Back.

As a Millennial Entrepreneur, you must try and help and benefit others. Give whatever you have in abundance– your time, your service, or knowledge to those who are badly in need of it. You will be amazed at what you stand to gain when you give it to others.

 

Value Learning over Money – Basics of Entrepreneurship

A Millennial Entrepreneur sets up an enterprise for profit motive and rightly so. But if you start your business with the ‘Show me the money’ attitude, rest be assured that you will not go very far! Instead, show humility and value what you have learnt in your journey as an Entrepreneur. The money will follow you steadily and surely if you apply what you have learnt.

 

Be Thankful

Be thankful that you could become a Millennial Entrepreneur, be thankful that you could learn your failures, be thankful that you are at the receiving end of so many blessings, and above all, be thankful that you are alive!

Gratitude always unlocks the fullness of your life and indeed will make you the celebrated “A Successful” Millennial Entrepreneur.

 

 

Read more Entrepreneur related articles in The Weekly Trends magazine.

I am a passionate Freelancer while studying. An avid reader of multiple websites including Medium, Thrive Global, Kivo Daily, and of course, The Weekly Trends.

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