1. Predict your future: as an entrepreneur, you need to guess future happenings. Your judgemental power can show you the right path where you can walk through.
2. Important decision can be made by you: your business decisions have to be taken by yourself. You can take suggestions, advice from others but crucial decision has to be made by you.
3. You need to balance your work life if you want success: everybody should maintain their work life and personal life. By proper maintaining the work-life, entrepreneur can be more flexible in decision making as well as all the business operations.
4. The entrepreneurs great ideas are not the all: Entrepreneurs solve market demands and wants from the customer. So, you can have the great ideas but you have to meet the customer demand and solve the market demand.
5. Your idea and reality should linked up. What entrepreneurs need to know that, ideas and reality must linked up with your plans? Ideas can be brilliant, action plan is taken but outcome of your business can be lees effective. So, you need to link up your business ideas with your desired outcome.
6. Action trumps everything. Stop thinking imaginary things and take action in a right way in the right time that is surely needed for learning your start-up.
7. Take smart steps towards your achievement goal: take small and smart initiatives towards your goal. You can go for complex decision making in any situation, but keep in mind that, nothing is accomplished overnight. So, small and smart steps to be taken by you for your goal achievement.
8. Control over the whole firm operation: you need to take important decision about your all things related to all level. If you have no control in your everything related to the start-up, it can damage your business operation, your plan. So, controlling over your operations and business plan implementation is crucial for you.
9. Be confident and play to your strengths: you may have certain weak point and strength point in your business. Just forget about your weakness and play with your strengthen point.
10. As a entrepreneur, You have to learn every obstacle into an asset: you have to overcome every single one that you face 8n your business operation.
11. You need to know about marketing: you should have the ides about your marketing prospective, marketing strategy, your market environment, your customer preference and demands.
12. Doing market research: Before starting a business, you have to survey and research your business market, your competitor’s information. Without knowing your market information, you can go far.
13. Strategic and good accountancy: Entrepreneur have to he strategic in their all decision making and capable to calculate business risk proper way.
14. You must figure out how and what information are collected: you need use various information which can be crucial for your business decision making. Your market information should be authentic and fair.
15. Get feedback from your advisory panel: before starting a business, you have taken suggestion, advice from your mentor and advisory panel. You can sit down with your legal consultant to sort out the legal issues in operating business.
16. Creating checklist to review your decision making: when you take your business decision, it may not be okay. So, implementing your business ideas, you need to create your own check list like MBO process. Plan-check-do-act procedure can be followed by you. It will help you to take proper decision also correct your plan if it is needed.
17. Stay motivated: Starting new business, you need to be motivated. Self-motivation is the best way to grow confidence. So, if you don't have the motivation power that enhance your sub ordinates, you can't manage your business operation properly.
18. Know the customer preference and their demands: you need to a research about your customer demand what they actually want from your service. Good quality product and service can make your business boost but 8f you don't know the actual wants 9f your customer then everything will go in vain.
19. Setting- up marketing strategy according to the competitor’s strategy: you have to develop strong send fruitful strategy that can make your business operation successful. Competitors updates, their competitive strategy is important information for you. So, systematic development of your competitive marketing strategy like pricing, product launching, promotional and positioning are more important for your start-up.
20. Take decision wisely and implement your plan step by step: you cannot implement your whole decision all. On the other hand, you cannot implement your all business operations. So, you need to accomplish your step by step plan and your important business operation. If you fall down, it costs less.
21. Learn from your mistakes: when you got mistake in your operations 9r in a important decision making, you need to learn from your mistake. When you go for similar work, this mistake can remind you to go right way.
22. Creativity and innovation: entrepreneur has to be innovative and creative ideas must be linked to a business objective. If you have no clear business objectives, it cannot show you the right way to success. You should have the mission vision, objective, goal and plan to implement your ideas.