Being an Entrepreneur is very challenging - Handle it! - Madurai Business Wisdom

Doing business is not a very simple task. It is very challenging. Day in and day out you will have problems. If you love challenges, business is great. This is a life in fast track.

Every problem has to be handled and there will be lot of Stress in business and life. It is a matter of choice I think. If you want to go in a fast/express train or just in a passenger's train, you choose. Life can be enjoyed anyway - in either of the trips. Somebody wants to go in a slow and pleasure train, through which life can be enjoyed by seeing outside trees and natural sceneries. Somebody wants to go in a fast track train like express train and have the risk in life and that gives lot of pleasure and gain for them.

Becoming Entrepreuner is one and as a next step, it is like a shaking ox, of which the person who had ventured has to stay on top of it whatever or however hard the shake might be.

Every day there will be problems. We should be able to handle it correctly. Even though you are doing business with full justice, we will have problems with many vendors, customers, consumers, employees, management etc., We should have the heart and knack to handle everybody. Since we are dealing with money in business, there is always problems, which we should be ready to handle in many ways in a safe manner.

At the same time, stress management is important for every entrepreneur, because problems go into your head and that can be too pressurizing for somebody. So, it is very important to handle stress all the times and through the life cycle of an entrepreneur and the business.

Work harder and have lot of pain and there is lot of gain out of that. If you love challenges, then entrepreneurship is very good and you can enjoy it.

Stress Management Lessons with Story - Business Wisdom Madurai

When I get lot of stress and think of the society or the circumstances which creates the stress up on me, I think of a story and here is the story -

Once upon a time, there lived a King. His country and his roads were not smooth and there were more stones, needles from the plants etc.,

The king upon the stress he had, he asked the minister for a red carpet to be placed all across the path the king is going to walk on. Then the minister just gave a pair of shoes and asked the King to use it.

The solution is this - we cannot change the society, and the circumstances, situations and avoid the situations, but everyone should learn how to handle the stress in the mind and handle it accordingly.

Everybody has lot of stress in his/her mind, due to lot of issues among people, administration, government and in the borders of the country etc., work pressure, family issues, and all kinds of personal issues. Everyone should learn and make up their mind to handle the stress, like the way a pair of shoes are used in the story above, instead of changing the environment using a red carpet all over.

Employees Management - Second Lesson in Management after business idea stabilization - Madurai Business Wisdom

Employees Management is one of the toughest parts of Management when you go LIVE on Business, after your theory, experimentation and after your idea 'seed' becomes a 'plant'.

First, as a business person we come up with an idea, understand and analyze if it is a workable idea or not. Then, we make that idea work as a team. Then comes the employees problem.

Without any jitters or any problems, there is no company. Internal problems are heavy in any company. More than 2 persons in a company, then comes automatic internal politics. One person says about second person to third person. Here starts the problems.

There might issues between ladies, men, egos, super egos, inferior egos, illtreatment between employees. Even though the management might kind enough with the employees, but between the employees problems arise.

Somebody scolds somebody and uses bad words and starts the problem. Some body is not trusted and there starts the problem, in sensitive businesses. Somebody is not satisfied with the salary and leaves the company. Somebody has got some personal problems, hence resigns the company. Overall, there are n-number of issues for employees.

In a small company, we cannot have HR department and management has to deal with all these problems. Usually manager deals with the company internal employees issues and when even a manager has problems with the management or within the employees, there comes severe problems. Atlast the management has to get in and work out the problem.

It is very tough, until and also in the process of building the tree or the banyan tree (similar to your company) and you have to face lot of problems and the problems will continue always. That is part of company building process and also for ever. Once in some stage the tree is built, you hand it over to the managers to deal with it.

Tough gets going, then the gain comes automatically and success comes through as well!