When you are still a student and on the journey to entrepreneurship there is a lot of ambition that throttles you. With this ambition comes a grave challenge, your inexperience and your young age.
When your idea takes off or qualifies at funding opportunities, before you realise you are already rolling. Overcoming the age barrier, the sudden acquisition of major responsibilities and the complexity of running an organisation, all lines up. You end up doing more physical work but overlook the fact that how a refined structure in workings enables an organisation to expand into other markets.
Keep your learning focus into time management and business organisational skills. Seminars and teachings can be availed into your courses or on campus but running a business is a whole different ball game altogether. Ask. . . Ask various entrepreneurs and business owners regarding:
How to handle all the paperwork?
What are the different business situations?
Organisational Infrastructure building?
Applying their techniques and understanding their lessons learnt is the way to go.
Once you have this ground study in place, you know exactly what steps to attack with. You set up rules, protocols and regulations for everyday tasks. You end up maximising your time and easy out payment processing and end up scaling up faster.
When you have everything chalked out for a smoother journey, you end up spending more time on focusing on the business and on your clients. The key to your growth.
A great structure and process, organisational best practices and system of things is the very foundations of a great business. Learn from what is already out there and build on it further.
By Abhimanyu Bose