5 Entrepreneurship Lessons : When in doubt, bootstrap. Using your own personal resources is the easiest way to start a business. You don’t have to convince investors about the merits of your idea. You just have to convince yourself.” Once quoted by the highly successful and most respected Co-founder of Hootsuite, Ryan Holmes. A lot has been spoken and written about entrepreneurship and its facts but its vogue begins from one origin and that is self-urge. Believe it or not, entrepreneurs are considered as an entirely different breed of individuals who before everything else set their own perspectives and values that ultimately add fuel to the fire to their success we admire today.

Interestingly, out of many hindrances in the modern business environment and fiercely changing global ambiance, entrepreneurship is making its way through with full force. Its popularity as a career choice among today’s youth cannot be denied at any cost. Entrepreneurs are all around us today, constantly uplifting the standards of our lives, giving birth to new technologies and employing eager talents. But the best part is, you never know who is going to hit the news headlines the next day with a story of success. Mentioned below are the names of a few entrepreneurs who have shaken the angles of how we perceive the world and some of the priceless lessons that lead them to become such gems.

“There is no business model without innovation” – Bill Gates 

The list should certainly begin with one of the most successful and most importantly respected entrepreneurs on the planet, Bill Gates. The individual whose immense contribution to business and nature shines bright in a pair. Gates is a devoted believer of ‘innovation.’ The incomparable creations of smartphones, tablets and bizarre toys that have come up as a result of this man’s innovation have awestruck the world to the next level.

“Don’t rush to roll out your product” –  J. K. Rowling

Rowling ruling the minds of the young crowd asks to fully test the product before you bring in eminent attention to it. She was nothing less than a great writer for years but never rushed to publish her writings till she completely knew that they were masterpieces. Your first impression is the last impression and you better validate to the fullest before you present your masterpiece to the world.

“Never lose your zest and curiosity” – Azim Premji

Azim Premji who walked a long way to reach a giant success like Wipro today believes in keeping your learning attitude alive. There is nothing like pure curiosity when you are stepping the business realm that will keep you progressive. The old man says it out loud after a lot of proven experiences that it is the only trick to be consistently successful. Premji had a habit of reading for ten hours every week.

“The team and its people are everything” – Indra Nooyi

India’s most successful female entrepreneur, Indra Nooyi, has held the ultimate law of business high above once again. Running a business is nothing without knowing the sheer importance of ‘team spirit.’ She sends out handwritten letters to appreciate her employees and their efforts.

” Move Fast and Break Things” – Mark Zuckerberg

Here, we are talking about one of the world’s youngest successful entrepreneurs on whose creation rests the personal and professional lives of millennials. As a young soul in the world of business, Zuckerberg believes in embracing both positive and negative and shattering the shell to see if the opportunity would turn to success. Facebook was in a huge loophole when the team introduced a new News Feed. They took a step right at the moment and provided users with the option to see both the new and old News Feed, which resolved the whole issue.

Entrepreneurship reflects independence, self-sufficiency, and conviction at its best and is not another piece of cake to grab. Its hitches and teething troubles come into focus only when you become a part of the journey. It requires an imaginative mind and feet set firmly on the ground of practicality. If you are one of those ambitious souls, we, at the K.R. Mangalam University, are here to embrace your aspirations.

We, at KRMU, one of the best management colleges in Gurgaon, understand what it takes to make a mark and see the face of success as an entrepreneur in today’s time. Hence we provide our students with a highly dynamic learning environment to explore. We let our students be trained by the most experienced professionals of all times who can cooperate, relate, and influence them confidently. We do not just focus on academic excellence but also contribute in bulks to bring out the hidden flames of talent in the young minds. We are fortunate to enlighten aspirants cultivating their dreams in the field of business and look forward to continuing to same with utmost sincerity in the future.