According to a recent Randstad Workmonitor survey, 83% of Indian workers want to start their own business, significantly higher than the global average of 53%. In addition, up to 56% of respondents to the survey stated they were thinking of quitting their current jobs to launch their businesses.
But leaving your current job to go out on your own entails some risks that not everyone can afford to face. Additionally, not everyone possesses the traits necessary to succeed as an entrepreneur. Just make a few adjustments to your dream rather than give up.
You must build the proper mindset to continue working and maintaining your entrepreneurial spirit. Here are some tips for becoming an “intrapreneur,” or someone who innovates within a company.
- Recognize opportunities and grab them
An entrepreneurial mindset makes it easy for them to recognize and seize opportunities. They can perceive the potential in situations and how they may improve them for themselves and others. An excellent opportunity inspires thought, attracts vitality, aligns with basic principles, and picks up steam. Seek a situation where you can design and plan things from the start, such as a new project or a crucial presentation, and seek to be given the reins.
- Get comfortable with risk.
Taking risks is a necessary component of the entrepreneurial path. So it’s critical to develop a sense of how to analyze, evaluate, and accept risk. Although it may seem terrifying, occasionally, taking a chance leads to significant rewards. First, research what you are getting into before you take the plunge. You’ll become more confident in your decision-making and follow through if you do your research. Consider what might go wrong and prepare a Plan B just in case.
- Work for the present, and plan for the future.
Most businesspeople are typically self-starters who consider the future and assume responsibility for results. For them, setting objectives and aiming for success is second nature. Although they focus on short-term goals when working on projects, they also consider long-term potential. A long-term vision is one of the cornerstones of effective leadership and a necessary component of success. Start by establishing SMART weekly goals for you and your team—specific, measurable, realistic, relevant, and time-bound—and keep everyone accountable by requesting updates each week.
- Put your POV across
Entrepreneurship is more than just setting up and running a business. You can demonstrate your independence of thought and analytical abilities by posing queries, offering suggestions, and starting discussions that can change your organization’s perspective on a project or decision. In the Harvard Business Review, Meredith Fineman lists three ways you may still foster an entrepreneurial attitude if you’re not comfortable speaking up: having a deep network, not necessarily a wide one; working with an outgoing partner, and taking it slow when you’re out and about.
- Work on your skillset
Although you may be the best team player at work, your entrepreneurial mindset isn’t particularly evident. Most entrepreneurs are innovative problem solvers who use novel tools and strategies to address current issues. When presented with any situation, their analytical and assessment skills enable them to perceive difficulties, chances, and outcomes. Despite this, they are adaptive and flexible, which is crucial when dealing with challenges, hurdles, or novel situations.
