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Career and Success

Why startups fail, according to their founders

Before you build a website. Before you write a business plan. Before you even tell your parents what you’re doing. Ask yourself one question: Are you solving a problem people actually have?

Beyond the idea, there are more practical reasons startups fail. Polled founders also cited a lack of sufficient capital (29%), the assembly of the wrong team for the project (23%), and superior competition (19%) as top reasons for failure.

Why startups fail

According to market research firm CB Insights 47% of all startups fail because there’s no market need for what they’re making.

Source – https://crew.co/blog/validate-solve-problems

Categories
Career and Success World of Inspiration

5 Lessons from The Bhagvad Gita

The Bhagvad Gita offers ample lessons in life about handling crises situations, managing people and paving the path to success.

5 lessons the Bhagvad Gita teaches you. We often run a Google search on the top industrial honchos to learn from their words of wisdom.

However, we seem to have lost touch with our own rich intellectual heritage.

Why not go back to our own roots, and learn from words of wisdom that are truly eternal?

Our great epics (religious or not), surely have quotes that stand true to the modern times, even better than ever before.

I am sure many of us must have explored or heard some great treasures hidden in ancient scripture Bhagvad Gita.

Below are a few shloks which I tried to decode.

I hope it will help entrepreneurs take away something from them.

#1. Do your karma

“KarmanyeVadhikaraste Ma PhaleshuKadachana,

Ma Karma PhalaHeturBhurmaTeySangostvaAkarmani”

Translation: Do your duty and be detached from its outcome, do not be driven by the end product, enjoy the process of getting there.

A lot has been said and heard about ‘karma’, but the true essence lies in these two simple lines.

Every entrepreneur should focus on their work i.e. karma without anticipating the result or outcome.

You should not concentrate so much on the final product and just enjoy the process of reaching there.

We get swayed by our vision and rely on its success too much.

We forget it is pivotal to enjoy the whole process rather than just hoping for something that you know is anyway uncertain.

Remember, having hopes or being optimistic is not wrong, but without actions, your path will be dreadful.

The art lies in walking the tightrope and enjoy doing it.

If the guy who walks the literal tightrope is scared or too excited, he will certainly fall.

The trick to his success is that he enjoys it while he walks in order to reach the other end successfully.

#2. Master the art of adaptation

“vasamsi jirnani yatha vihaya

navani grhnati naro ’parani

tatha sarirani vihaya jirnany

anyani samyati navani dehi”

Translation: As a man shedding worn out garments, takes other new ones, likewise, the embodied soul, casting off worn-out bodies, enters into others that are new.

It is easy to say versatility and adaptation are the keys to success. But the biggest lesson for any entrepreneur is learning to adapt to changes quickly.

Do not get stuck with your initial vision.

Learn to adapt, innovate and implore new opportunities.

Pave your journey like a traveller, who is not attached to the city he visits or the hotel he stays in but enjoys the experience of it all.

Do not be adamant; be innovative, open minded and ready to absorb experiences like a sponge.

The faster you adapt to a change, the better it is.

Remember, change is the only constant.

#3. Manage your anger

“krodhaadbhavatisammohahsammohaatsmritivibhramah ‘

smritibhramshaadbuddhinaashobuddhinaashaatpranashyati ””

Translation: From anger comes delusion; from delusion, confused memory; from confused memory the ruin of reason; from ruin of reason, man finally perishes.

It is imperative for all entrepreneurs to have control over their anger.

With anger goes away our ability to reason and we tend to become delusional.

The confusion and chaos generated by anger leads to memory loss.

The individual is moved away from his purpose and goals.

Anybody who seems to have forgotten their goals or lost their clarity of thought cannot succeed. Therefore, it is important for people to free themselves from anger.

A simple solution to this problem is focus.

Never lose your focus and never underestimate the virtue of patience.

#4. Detach yourselves

“tasmad asaktah satatam karyam karma samacara

asakto hy acaran karma param apnoti purushah”

Translation: Go on efficiently doing your duty at all times without attachment. Doing work without attachment man attains the supreme.

Inculcate the habit of being open to everything and being attached to nothing.

Attachment does give strength to work and love beyond ourselves, but it also limits us and makes our journey and growth difficult, especially if the object of our desire is taken away from us.

Too much desire can be bad, as it turns into greed.

Greed takes you away from your true calling and dream, be it to achieve, create or innovate.

Do not be super attached to your work, as it makes your journey as an entrepreneur difficult and closed.

You cannot wear binoculars and run the rat race.

You have to keep an open mind about the ever-evolving market changes, adapt to them.

Keep a close eye on your goals but do not get obsessive.

#5. Do not be misled

“dhumenavriyate vahnir yathadarso malena ca

yatholbenavrto garbhas tatha tenedam avrtam”

Translation: As fire is covered by smoke, mirror by dust and embryo by the amnion, so is knowledge covered by desire.

This simple shlok has the deepest meaning.

It is like a dissuading curse — as everything pure has a covering that can often be misleading.

For example, fire is covered with smoke, which prevents us from nearing it and if a mirror is covered in sheen, we cannot see what it is reflecting before removing the sheen.

Similarly knowledge is covered with desire that we must ignore or get rid of.

We must ignore the curtain of desire in order to imbibe knowledge that will help us grow.

This isn’t as easy as it looks but wise man is one who knows what to avoid and what to select.

Categories
Career and Success World of Inspiration

Habits of Successful and Unsuccessful People

As everyone want to be successful in life but most of us don’t know what are those things that pushes us away from the success. Once you see the info graphic below you ll definitely find out the difference between the good and bad habits of Successful and Unsuccessful People.

Habits of Successful Entrepreneurs and Unsuccessful People

Source Success Story and MakeUseOf

Categories
Career and Success

Six Sigma White Belt Certificate of Achievement

Today i got a “Six Sigma White Belt Certificate of Achievement” from http://www.sixsigmaonline.org. One of my colleague, Vishesh Golya in my current organization at Angara.com is lean certified and he was preparing for the Six Sigma. He told me about the Six Sigma process and why it is most important. So i decided to prepare for the white belt certification and given the test today. It was good. I scored 89% in the exam. If anyone interested in giving the Six Sigma White Belt exam then please follow the link at http://www.sixsigmaonline.org
Six Sigma White Belt Certification of Vaseem Ansari

Categories
Career and Success

21 Best Advice for a Good life

As you know that in everyone’s life there are so many things that they want to share with other. So today i want to share the best advice that i think will be useful in your life.

1. Give people more than they expect and do it cheerfully.

2. Marry a man/woman you love to talk to. As you get older, their conversational skills will be as important as any other.

3. Don’t believe all you hear, spend all you have or sleep all you want.

4. When you say, ‘I love you,’ mean it.

5. When you say, ‘I’m sorry,’ look the person in the eye.

6. Be engaged at least six months before you get married.

7. Believe in love at first sight.

8. Never laugh at anyone’s dreams. People who don’t have dreams don’t have much.

9. Love deeply and passionately. You might get hurt but it’s the only way to live life completely.

10. In disagreements, fight fairly. No name calling.

11. Don’t judge people by their relatives.

12. Talk slowly but think quickly.

13. When someone asks you a question you don’t want to answer, smile and ask, ‘Why do you want to know?’ 🙂

14. Remember that great love and great achievements involve great risk.

15. Say ‘bless you’ when you hear someone sneeze.

16. When you lose, don’t lose the lesson.

17. Remember the three R’s: Respect for self; Respect for others; and Responsibility for all your actions.

18. Don’t let a little dispute injure a great friendship.

19. When you realize you’ve made a mistake, take immediate steps to correct it.

20. Smile when picking up the phone. The caller will hear it in your voice.

21. Spend some time alone. This will bring some peace in your life.

Categories
Career and Success

5 Better Resume Writing Tips for Freshers and Professionals

Writing a Good Resume is not a tough task. Let me help you how can you create or modify your own resume in a best way.

In preparing our Resume we should follow some important steps which should be placed in. The sections which has been put in our Resume should contain the perfect information regarding that particular categories. By looking at that Resume one should know approximately every thing about that person whom that Resume belongs to. The Resume must be clean and Original one. Don’t use photo copies. It will put bad impression at Interviewing time.
Here are the sections which has to be put in our Resume.

1. Contact section: Who are you and how can you be reached?
2. Objective statement: What do you want to do?
3. Education section: What have you learned?
4. Experience/Employment section: What can you do? What have you done?
5. Professional activities and accomplishments: How have you been recognized?
6. Miscellaneous: What else do they want to know about you?

These above mentioned categories are main things in Resume. Under these every sections you must keep proper information regarding that particular one. And sequence these sections according to what is important to the employer.

Here are some tips which should include in particular section.

1. Contact Information
In this section you should include your name , Address including street and house number and your contact number.

2. Career/Job Objective
This is recommended only for recent graduates or entry level personnel. Experience and professional job seekers rarely include it. This component of the resume can be very challenging to write. The purpose of the objective statement is to inform the reader of your career goals and qualifications. The statement should be written specifically enough to let the reader know that you have a focus to your job search. If you are considering a variety of objectives, you may want to relay the relevant objective in an accompanying cover letter.

3. Educational Qualifications
This section is most effective when you have experiences from your education that are impressive and/or directly relate to your objective. Adding this section is useful when you have developed skills and specific knowledge through your education rather than work experience. This section can be used to highlight coursework, research, or special knowledge that complements your objective. This information is useful in a resume of entry level candidates and recent graduates.

4. Employment or Experience Summary
A brief summary of qualifications can condense an extensive background by emphasizing experiences and accomplishments in brief phrases. The qualifications summary is accomplishment-oriented and provides an overview of your work experience. A summary is most appropriated for someone with substantial experience, for someone who is changing careers and wants to demonstrate transferable skills, or for someone with an eclectic background.

5. Professional Activities and Accomplishments
This part of your resume offers you the opportunity to provide insight into your career development. You should be selective and complete, listing such items as memberships in professional associations and offices held, professional registrations, honors received, and major articles or publications you have written. Do not list every article or every speech you may have given or every conference you have attended. Emphasize quality – this section of the resume should help you to demonstrate you are current and active in your profession.

6. Miscellaneous
This section covers the remaining things like hobbies, interests , strengths and goals etc. These are the main tips which we must concentrate on.