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IMPORTANT FACTORS FOR SUCCESS

Posted in Uncategorized by K P Ramachandran on October 30, 2015

When my child hood friend asked me recently the most important requirements for a successful business venture from my experience, I told him the following important factors  which are essential to establish a successful venture .

Attitude

The first important factor for success in any venture is your attitude. You should have a positive attitude in any work/business you do. If you maintain a positive attitude, that will be infectious and those around you will pick up on your positive energy.

Dedication

Many of us have a lot of interests, and we would like to do something with all of those things, but until you become dedicated to one interest and make it work as business model, you will not see success you desire. Your commitment in the business is more important for its success.

Knowledge

For success in the business you lead, you should learn the tricks of the trade. You should understand the special skills and knowledge associated with that trade. This should be learnt from experience to enable you to lead others successfully.

Lead from the front.

You should tune your life style to suit your business. In fact you have to be there in front leading your team. You should always be there in the fore front shouldering responsibilities and encouraging the team. This will inspire the team and will successfully take you to your vision.

Humility

A humble leader tries to elevate everyone around him. If you are a humble leader, you have wider spheres of influence, attract better talent , inspire more confidence and earn more loyalty and respect than other leaders with ego.

I told my friend that the above factors helped me to establish my business and lead the team successfully for quite a long period.


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