Summary of Most Important Advice For Starting Your Business - By Sandeep Maheshwari | Hindi
The video provides advice on Starting a business, emphasizing the importance of taking ownership and learning from Mistakes. Key points include:
- Starting your own business is better than relying on a Family business for Learning opportunities.
- Making Mistakes is part of the learning process, and it is essential to learn from them quickly.
- Creating a Unique business strategy is crucial for success, and it takes time for changes to occur.
- Risk management is important, and it is advised to divide Investments into multiple areas.
- Trusting and managing people in a business involves defining roles, responsibilities, rewards, and punishments clearly.
- Setting up systems and processes in the business helps in transparency and efficiency.
- Tax compliance and growth prospects are highlighted as essential aspects of business success.
Presenters
- Sandeep Maheshwari
Notable Quotes
— 12:35 — « People starting a business do not think for themselves about what they want from the other person. No matter how much he does, it is right. »
— 14:39 — « There are properly defined roles, responsibilities, rewards, and punishments in big organizations. If it is done well, then it is fine, otherwise there is no problem. »
Category
Business and Finance