Do Business Tycoons Do Things Differently?

Business tycoons have the best of the world. They drive expensive cars, live in mansions, and eat the most exotic foods. But all these, and that elusive fame doesn’t come easily to them, according to Subrata Roy, Sahara India Managing Worker. Behind the glam and glitz, there’s hours of hard work, hundreds of failed attempts, and of course the perseverance to make it to the top of the business.

Although there’s no hard and fast rule to make it big in business, there are certain traits you need to incorporate, and values you should imbibe to rise in business.

• Focus on commitment

If you are starting a business, ask yourself a few basic, but important questions: What is your commitment towards your goal? Are you ready to sacrifice certain things in your life to achieve your goal? If you find clear answers to these questions, then you are ready to take on the challenge.

• Make your journey memorable

Being focused is one thing, being tensed another. While you need to be serious about your goal and the decisions you make, it’s important that you don’t forget to have fun on the journey. According to Subrata Roy, who had started off with a small idea of para-banking, carrying emotional stress can make you lose your vision.

• Chuck that negativity

Your thoughts drive you and influence your decisions. Businesses usually entail a lot of failures, treading in an unfamiliar zone, testing the waters, and of course, dealing with all sorts of people. All these can bog you down, and make you want to leave it midway. While fear of the unknown and doubts about success can make you feel emotionally stuck, just remember that it’s the feeling of excitement, trying new things, and adventure that can push you forward.

• Stop relying on others

A partnership is a good thing in business, but the moment you start taking your aide or partner for granted, you start losing control of things. Since it’s your dream, you need to juggle well with all the aspects of keeping your business well-oiled.

• Planning is the key

The wackiest ideas can be transformed into big businesses. But haphazard ideation will lead you nowhere. Subrata Roy asserts that along with creativity, you will need planning to take your idea forward because businesses need money and time to take shape.

This is not an exhaustive list of things that you should make your business successful. But let’s say, all traits can surely keep you on track to emerge as a tycoon.