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Made in Madurai                

Thursday, August 11, 2011

Tips for young entrepreneurs - Madurai Entrepreneurship Business

What are the things that young entrepreneurs must keep in mind?

* Be passionate about your business and find likeminded passionate people to collaborate with you.
* Work on business plan that financially viable
* Hopefully do something that is sustainable (to the environment) that will get appreciation from the customers.
* Don't always do it for money.
* Interact with as many customers as you can
* Whatever your idea, it should be scalable
* Learn fast; better still, learn from others.
* Be careful who you choose as your partner
* It is always better to plan out everything -- even in terms of the roles each partner would play in the organisation.
* Finally, stay motivated and be disciplined.

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