Business lessons to become a successful entrepreneur

‘Tough times never last, but tough people do’ so goes an old age saying and has strong relevance in today’s entrepreneurial setup. Entrepreneurship has its own set of responsibilities and challenges to deal with. That is, from turning dreams into reality to forming a capable team to arranging finances. An entrepreneur often feels that road leading to success is never-ending and is full of bumpy rides. Depending upon sector or industry sometimes it may take years to make profit which tests entrepreneur’s resilience and persistence. Though everyone cannot become a successful entrepreneur or maybe he/she is not cut to become one.

Business lessonsLet us look at the lessons every entrepreneur should learn along the way towards success.

Search financial opportunities

One of the important steps towards building any business is to have finance in place. With passion alone your company cannot take off, you will require starting capital. It is also important to understand the operational and maintenance cost your enterprise will need.  Before you plan to start your venture you will have to calculate the total required costs that you will incur and you have to manage how to get those funds. You will have look beyond the traditional approach by surrounding yourself with industry insiders who can also invest in your business. Another method is to crowdfund your business. In simple words, you should not leave any stone unturned to see that your finance is in place perfectly.

Aim for the bigger picture

If a business survives for three years consecutively then it has better chances of success. One can see many startups die prematurely due to lack of a visionary leader. One should focus more on long-term goals instead of short-term ones for running the enterprises successfully. There can be few hiccups on the way which the entrepreneur has to overcome. One should understand the fact that success cannot be achieved immediately. You have to make a few years planning to register growth and profit from it. You may not get the expected results right in the first year but it is better to stick to your plan and stay committed to your long-term goal plans.

Learning from mistakes

‘Failures are the pillar to successes’ goes the old age proverb which is true even in this current scenario for the entrepreneur. Every business has few shortcomings along its way. One should have the ability to learn from mistakes that were committed in the past and negative feedback received from the customers and co-workers. One should access the past performance on regular basis to know which thing worked for you and which did not. Entrepreneurship is not about committing mistakes but using them to your advantage for the future.

Hire capable and talented employees

Human capital is one of the most valuable assets of any enterprise.  They function as an intangible source of profit. It is important to hire skilled, hardworking, and efficient employees who give their 100 percent to the enterprise. They may be needed to acquire job-related skills; they should be self-motivated and action-oriented.  Before taking final decision to hire an employee, try to spend some time with him/her. You will understand their thoughts, know their nature, and know their personality. To hire any employee do not base your decision only on academic qualification or an impressive biodata.

Entrepreneur’s job is not an easy one and you need to have a certain amount of commitment before you become a successful one.

Business lessons for you from Sachin A Billion Dreams

Sachin A Billion Dreams

‘Sachin: A Billion Dreams’ is a movie based on the Indian cricket icon Sachin Tendulkar’s life. Sachin is the most famous sportsperson in the India. The film moves from Sachin’s journey from 10 year old boy, who watch India, won first World Cup and “Kapil Dev” lifting the trophy. He dreams lifting world cup trophy in his hands for India once more. The film does not only capture Sachin Tendulkar’s enthusiasm to cricket and his personal life but also give many entrepreneurial and business lessons. So, you can learn the following business lessons from ‘Sachin: A Billion Dreams.

No shortcuts to success

There is no trick to get achievement overnight. To get success, hours, days and years of dedicated practice is needed. Sachin is the only player who has scored one hundred worldwide centuries. He is the first batsman who made a double century in One Day International cricket and the only player who completed over 30,000 runs in the international cricket. However, Sachin achieved countless successes and new heights in the cricket but made the balance between life and cricket. His devotion to practice was same after achieving success as was at the starting of the cricket life.

Mentors help to put efforts in the correct way

Ajit introduced Sachin to cricket as his initial adviser. Later, he took Sachin to Ramakant Achrekar who was a famous cricket coach at the Shivaji Park in the Mumbai. Achrekar guided Sachin to do practice in both shifts in the morning and evening. A person can be able but mentors assist him to move on the exact path and avoid known faults that are based on his years of the experience. The mentors may be friends, family members, and professionals who are professional in the field.

The main factor of success is focus

The focus is the skill to concentrate on the thing that is most vital for you and keep away from distractions that also change your efforts. When Sachin was ten years old, he started playing cricket and practiced daily for many hours. He focused on batting as his power over bowling. It helped him to become more consistent, competitive and superior player.

Accomplish small target direct to achieve bigger goals

Sachin’s bigger aim was to win the World Cup for India but in childhood, he set little targets and completed that was unachievable for others. Small accomplishment boosts human enthusiasm to get bigger goals. It is important to set achievable targets and accomplish them first after a while, an individual’s viewpoint becomes bigger.

Welcome leadership qualities in others

Everybody knows that being a leader is a great admiration. But with running team, it also demands to focus on your individual game, plan whole game, an experiment in hard situations, fulfill the hope of fans, coping up with the potential of media, and so on.

Make your own variety of strategies

During his career, Sachin has played on numerous playgrounds in the different environment and has faced a number of brilliant bowlers. He planned various strategies for such circumstances. Planning of strategies means having numerous strategies to use their strengths that are based on the reply from opposition. Every plan has its power and limits.

37 Best Business Lessons You Can Learn From Cricket

Business Lessons From Cricket

Cricket is the most popular game in India. Even it is not only a game but also there are lots of things to learn from it because it is a complete pack of planning, discipline, team work, consistency, enjoyment and many more. I have listed the best 37 business lessons for you to learn from it.

  1. Preparation
  2. Planning
  3. Right Strategy
  4. Training
  5. Discipline
  6. Rules
  7. Team Work
  8. Leadership
  9. Management
  10. Competition
  11. Consistency
  12. Passion
  13. Body Language
  14. Communication
  15. Patience Pays Big
  16. Fitness
  17. Enjoyment
  18. Humbleness
  19. Asset Allocation
  20. Specialist Players
  21. Back Up Of Specialist Players
  23. Strong Culture
  24. Things Don’t Go As Planned Always
  25. Situation Can Change Any Time
  26. Importance Of Time
  27. Every Match Is Different
  28. You Don’t Win Every Match
  29. Glory Doesn’t Pay
  30. Single Run Can Change The Result
  31. Don’t Over Try
  32. Hand To Hand Efficiency
  33. Learn From Mistakes
  34. Don’t Play The Short Game
  35. Don’t Doubt Once You Decide
  36. Pressure Handling
  37. How To Achieve Target

 Business lessons from Cricket in detail:

  1. Preparation

Preparation is an essential key to perform excellent in the match. This preparation is done regarding bowling, batting and fielding.

In the same way, preparation is an essential key to start, run and get success in business.

  1. Planning

Planning is considered as “Do or Die” in cricket. Captain do proper planning then he gets success to win a match.

Business also needs step by step planning to do business activities. It is base of the business.

  1. Right Strategy

The right strategy is the winning factor in cricket match. Right strategy according to situation can make you a winner while wrong strategy can make you a loser.

An entrepreneur needs to make and implement right strategy according to current circumstances. One wrong strategy can make you out from business.

Cricket Training

  1. Training

Cricket players get proper training for batting, bowling and fielding. These training help them to work on their weakness and make perfect players. They also get training about some other essential factors that make them fit, powerful and increase ability to perform best in the match.

Similarly, it is important for business owners to provide proper training to employees about job profile, machines and for other required things to do proper working in the organization.

  1. Discipline

Cricket players manage discipline in the match while they do batting, bowling or fielding.  For example, a bowler gets punishment if he crosses the bowling line as do one extra bowl.

Discipline is an important part of business as well. Employees need to follow all the required aspects that come in discipline like avoid lateness and unnecessary leaves. Opening office on time is also important discipline for the companies.

  1. Rules

There are lots of rules and regulations in cricket that are essential to make this game first choice of people. Each team and player is bounded with these rules therefore Cricket is considered a gentleman game.

Each company and business must have rules regarding office timing, working, employees’ behavior, responsibilities and discipline. These all help to do each and everything in proper manner.

Read: Best sites for entrepreneurs

  1. Team Work

Cricket is a game that played as a team. There are eleven players on the field in a match that help and support each other to win the match. It is called team work.

Team work also requires in every part of the business because without team work it is not possible to get desirable success in business.

  1. Leadership

Leadership is one of the most important characteristics of a caption in cricket. A captain leads whole team in difficult situation and motivates players to put all efforts to win the match. This is the reason; leadership plays a great role in win of a match.

In business, team leader must have adequate leadership ability to manage team and fulfill all assignments in given time period.  A strong leadership has the ability to take a normal business to a successful one.

  1. Management

In the cricket, management plays an important role because there are numbers of players but most of the time only few are able to manage their innings bowl to bowl on the ground.

Similarly, business is like a test match and proper management of each business activity is needed to get desirable success in respect field.

  1. Competition

Competition is very important to get success in every phase of the life. In the cricket, players always compete with each other because they want to secure their place in top 11 those get opportunity to play on the ground.

Similarly, every business is increasing on a daily basis so, it is important for entrepreneurs to prepare for all the competition. If they are ready then they can secure their place in top position.

  1. Consistency

Consistence performance is very import for a player and teams as well to continue win the matches. Consistence performance is applicable for all including batsman, bowler and fielder. Consistency is the major key of continue win in the cricket.

If businessman follows the consistency rules in the business then continue success is sure. It is important for business owners to serve more customers on a regular basis for successful business.

  1. Passion

Passion is very important in Cricket. It makes a common player to a top player.

Entrepreneur also requires passion to become a top businessman. In other words, Passion is the most effective and successful motivator when it comes to start business with no money.

Cricket Body Language

  1. Body Language

Body language is one of the essential characters of cricket players. This is the reason players have positive body language because it plays a huge role to win the match. In the match, many worst situations happen but positive body language overtakes it.

The body language criteria apply in business as well. It is important for business owners to maintain their behavior in front of suppliers, employees and clients.

  1. Communication

Communication plays the biggest role in cricket match. Players always talk to other players in proper manner because they want to win the match. Junior players respect to senior player on behalf of that senior give suggestion and advice to juniors. It is the benefits of communication.

Communication is very important in business because if businessman does not communicate properly with customers then he can lose the proficient customers. So, it is important for the entrepreneur to understand their customers or clients’ communication medium and response according to their needs.

  1. Patience Pays Big

There are many difficult situation occurs in the Cricket matches that’s why players keep patience. It is very difficult to win the match is such difficult situation but patience helps them to overcome on situation and win the match.

Many difficult and hard situations may rise in business as well if you lose patience in such situations then you would not be able to get success. So, a businessman must have adequate patience to tackle such hard situations and become a successful entrepreneur.

  1. Fitness

Fitness is the most important for a cricket player. Many times you have seen players do different exercises, drink lots of energy drinks, eat healthy food and do some other things to be fit. These exercises, healthy food and drinks make their body fit and healthy. This is the reason; all players have power and sufficient energy for whole match and play cricket perfectly.

It is also important for business owner, employees and other staff to be fit and healthy every time. If they are fit and healthy then there will not be reason to apply for sick leaves. Thus business will run in proper manner. Businessman can do exercises and some other fitness related things, take healthy food to lead healthy and fit life.

  1. Enjoyment

Enjoyment is the essential part of life in every phase. Cricketers do lots of enjoyments activities to make mind fresh.

Different enjoyment activities are important in the office for customers, employees and others to make their mind fresh. If you are not enjoying then you should sincerely think about it because enjoyment is directly connected with productivity.

  1. Humbleness

Humbleness is wonderful thing when you do help of others. Players also have the humbleness for their juniors and other team members. It is the important to win the match.

In the same way, humbleness in the business is the great way to running office for longer time. It is important for businessman, customers and employees to do help of each member that requires for successful business.

  1. Asset Allocation

Right assets allocation is very important in cricket to win the match. For example, they arrange high quality assets like right and proper bats for batsman and many other things that help to score high and achieve set goals.

Similarly, business requires different and essential assets to run the business in proper manner. For example, companies need to set up all the essential machinery and other requirements as well.

Specialist Player

  1. Specialist Players

There are 11 players in a cricket team but one or two players got popularity as the best player. These best players are expert batsman and bowlers. These players play role of match winner. There are other players to support specialist.

Likewise, entrepreneurs have experts and professional employees and loyal customers as well. It is really important for business success.

  1. Back Up Of Specialist Players

There are many specialists players in the Cricket from beginning of the time. The current teams always keep the record of their specialist player who left the job or retired. The record is helpful for the current cricket team to learn lessons about how to play according to track records or tight situation.

The business also requires records of their expert employees who left the job and customers. It is helpful for the businesses owner to make strategies and build systems around for business on the basis of record.

Read: Best cities for startups


Views describe the way of insight. Players have always the positive opinion in the mind about other players. This is helpful to win the match.

Similarly in the business, entrepreneur requires the positive opinion to get better success.

  1. Strong Culture

Cricket players have their own tradition like way of life, way of talking, way of living, enjoyment and way of representing to others. They always follow their own cultures and make strong team.

Similarly, business needs its own strong cultures like the way of working, way of enjoyment and some other things.

  1. Things Don’t Go As Planned Always

A cricket team plans many things but it always know that either they will win or lose the match. Players always have plan A and substitute plan B because things do not go well according to plan. They are ready every time to deal any situation.

For the businessman, he must have two plans such as plan A and plan B. If plan A does not work as planned then plan B should substitute to A.

  1. Situation Can Change Any Time

Players see their match is going in right direction but they never relax during the match until they win. The reason is that they know situation can change any time and therefore fight till the last bowl.

It is important key point for businessman to keep in mind because business mistakes can collapse the complete business.

  1. Importance Of Time

Time is precious.

Importance of the time is one of the major things for cricketers. Cricket players know the importance of time because there is limited time, over available in a match to achieve target.

Similarly, most of the time you get paid in the business when you deliver your project, work, products on time. If you do not deliver the essential things, products, services on time then you are not able to get success in business.  Thus, it is important to everyone to know the value of time to implement successful business ideas on time because time does not wait for anyone and goes without any care.

  1. Every Match Is Different

There are many matches that are played in different ways. Players face different situations in different matches. Cricketers always plan separate and be ready for all matches to tackle each and every situation.

In business, entrepreneurs face the different situations regarding different business aspects so need to have separate plan and planning to overcome on difficult situation. It is very important for business owners to handle different employees, customers and suppliers differently.

  1. You Don’t Win Every Match

In the cricket, it is not possible for all the teams to win all the matches sometimes they win but sometimes they lose. Win and lose is the part of the game. Every player knows it and they prepare for all the conditions. Players always try to play better in the next match after losing previous one.

In the business, keep clients and deals forever is not possible for all businesses. It is also a part of business. One client goes then other one comes. If you cannot understand this thing then you cannot enjoy your business.

  1. Glory Doesn’t Pay

Cricket is the game where sixes, fours and wonderful 2-3 runs is sufficient to give fame and glory to a player but it is not the thing to win the match. The match is won by careful batting, smart field placements and tight bowling. Every cricketer knows it.

Similarly in the business, some business owners include many glorious elements in their business but it is not the way to impress anyone and get success. There are lots of essential requirement that is important for every business to adopt in business and to get desirable success.

  1. Single Run Can Change The Result

You see many times single run make big difference in the match and change the result that is unexpected. The single run can change the whole match.

In the business, you should keep in minds that every single opportunity is very important for your business because one opportunity can make employee to entrepreneur and entrepreneur to employee.

  1. Don’t Over Try

Trying is the foremost effort in cricket to achieve goal. Working hard and follow strategy is the key element to accomplish goals in the cricket. It is not important to try over because trying anything make difficult to achieve goals. Every player knows it.

Trying over in the business gets failure results. Working hard and follow prepared plan is important elements to fulfill business goals.

  1. Hand To Hand Efficiency

There are many players in the cricket team some players have more efficiency but some players not. All the efficient players maintain the level of efficiency like one player make less runs then other players try to score high and make maximum runs.

The efficiency level is also important part for every company. Business owners need to maintain the level of efficiency that is the sign of good organization. If one employee is capable to perform his responsibilities but another is not then needs to train employee and match the level of efficiency.

Learn From Mistakes

  1. Learn From Mistakes

Everyone do mistakes.

In the cricket, all players do mistake in the match but good players find the mistakes, work on it and do not repeat it again. They learn from their mistake and try to give their best.

It is also important in business to learn from mistakes.  Learning from mistake creates difference between successful and unsuccessful people. Successful people do not repeat mistakes again but unsuccessful people do same mistake again and again. SO, needs to learn from mistakes.

  1. Don’t Play The Short Game

A good cricket captain always plans big for game and manages his team with right people and right strategy. Big plans are beneficial in cricket to achieve goals and win the match in appropriate manner.

Similarly, entrepreneur also requires big strategy to run business in appropriate manner. For businessman, do not make a short-term plan because it is not possible to become a successful businessman with short-term plan. It requires big plan to achieve your goals.

Read: Online side business ideas

  1. Don’t Doubt Once You Decide

Cricket captain takes many decisions for the match but they don’t doubt on their own decision and not lose confidence.

In the business, if you have doubt on your decisions then you are not able to run a business. Losing patience and confidence is a bad habit of a businessman.

  1. Pressure Handling

Cricket is one of the best examples to know how to handle and control pressure. The cricketers have the ability to handle it and perform well that helps them to win the match. Best cricket players always handle the pressure in tight situations.

There are many businesses that include lots of management activities on a daily basis like selling products, attending customers and many more. It is important in business to deliver products on time, pack the products, checking the workers and some other pressure work. If you handle the pressure then you are able to do anything without any problem.

  1. How To Achieve Target

Cricketers make plan to achieve target like they plan to maintain required run rate in the match. It helps them to keep match under control according to their aim. Planning to achieve target is an excellent way to win the match in cricket.

Similarly in business, it is not easy to get appropriate target but it is necessary to plan to achiever target and overcome troubles.

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