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#60 March 1, 2017
Window for action loving PROFESSIONALS
“Watch, listen, and learn. You can’t know it all yourself. Anyone who thinks they do is destined for mediocrity.” Donald Trump Join the momentum
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How are you shaping your business?
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Getting into ENTREPRENEURSHIP
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Entrepreneur Quotes
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Info
11-18
E N T R E P R E N E U R
Dear Readers!
Which job did Adam and Eve seek after eating the forbidden apple? Mankind was not born as an employee. We were entrepreneurs. Things changed much later. An important challenge for India is not to create jobs but to create, support and sharpen entrepreneurship to take advantage of MISIDICI – Make in India, Skill India, Start-up India, Digital India and Clean India. Time to act is NOW! Cheers, Rajiv Khurana Editor rajiv@rajivkhurana.com 9810211256 Advt. Pages 11-18
Coaching Learning Advancing Sharpening Smartening ©
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#60 March 1, 2017
Window for action loving PROFESSIONALS
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Join the momentum…
Education: Create awareness amongst the masses about Lung health and the factors which promote/ destroy it. Research: Futuristic community and laboratory based research. Clinical Care: Set up state of the art apex centres in India for providing “Complete Affordable Lung Care to All”
We focus on ABCDE – Academia, Business, Consulting, Development and Entrepreneurship domains through a wide spectrum of Individual and Institutional Consulting Capability in Management, Technical, Legal and Healthcare. We facilitate: Ideating and Researching for Impact Capability Building in Consulting Promoting Consulting Opportunities Inclusiveness through CSR and PSR
www.lcf.org.in
www.icpi.in
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How are you shaping your business
#60 March 1, 2017
Window for action loving PROFESSIONALS
Administration of Business
Actions
Innovation of Business
I use
Static Knowledge
Dynamic Knowledge
My goals are
Short-term
Long-term
I desire
Incremental growth steps
Significant leaps forward
I take
Minimum risks
High calculated risks
I want
Predictable small rewards
Potentially high rewards
I work with
Repetitive past practices
Intuitive, futuristic, originality
If I had an hour to solve a problem, I'd spend 55 minutes thinking about the problem and 5 minutes thinking about solutions. A. Einstein
Future could be scary, Future could be a great opportunity, Reconsider your Present, Get into an INNOVATIVE WAY OF MANAGING YOUR BUSINESS. Time to talk is now: 9810211256 rajiv@rajivkhurana.com
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Getting into ENTREPRENEURSHIP - Rajiv Khurana Examine your inner challenge
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Are you planning to take up Entrepreneurship because it is an in-thing to do? Are you entering this arena just because you are out of the job and there is not enough coming your way? Think hard. Enter only for pressing compulsive passionate reason.
Neutralize negativity
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People will tell you to play safe. Few succeed, thousands fail. Listen to them. Smile. Learn from them about the reasons for failure. Prepare yourself to create caution and precaution. Learn from those who have succeeded. There are reasons for success too. Be positive. Dream better. Get ready.
Take the risk
T 4
You are not going to climb the Mount Everest. Even if you are, others have been there before you. You are going to take a risk and not a gamble. There are more risks in a job each day. Do your home work properly. This will prepare you better and mitigate the risk. Be bold. Acronym ENTREPRENEURSHIP is the intellectual property of Rajiv Khurana
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Getting into ENTREPRENEURSHIP - Rajiv Khurana Re-assure yourself
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Excuses have no uses. Trust yourself. Henry Ford once said, “If you think you can or if you think you can’t, you are right.” You have been successful during the past in so many things. Believe your capabilities or sit down to write all the reasons you are going to be a failure in your enterprise. Sleep thereafter.
Express your vision
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You are not a juggler. It is tough to keep all the ideas in your mind and keep juggling them. It makes sense to put them on a piece of paper. Keep writing. Keep reviewing. Keep correcting. Take opinion from others. Crystalize what you desire. Your vision for the enterprise, your mission and goals are critical. Invest time.
Pick passionate area
P 5
You need to choose an area for your business. What should you choose? The one with lot of money or least amount of botheration! It is your choice. Identify an area of business or service where your hear lies. Remember Confucius, “Choose a career you love and you will never have to work a day in your life.” Acronym ENTREPRENEURSHIP is the intellectual property of Rajiv Khurana
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Getting into ENTREPRENEURSHIP - Rajiv Khurana Ready your resources
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Depending upon your business, you will need a lot many of them, e.g., People, Place, Money, Technical and Commercial support etc. Contingency plans would be needed. Choose people selectively. Hire less but hire the right quality. Groom them or get them groomed appropriately. Outsource as much as you can afford.
Enthuse and energise yourself
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All days are not going to be the same. Lull times, bad times and tough times will keep coming back to you at regular intervals. Keeping your self motivation high may become a tough challenge. Remember the old maxim, “This too shall pass�. Your energy and motivation is going to rub on your team and family. Be a good shock-absorber for them.
Network with right people
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Your company matters. Revolve around negative, unethical and short-term focused people and there is every likelihood of your becoming the same. Search for more successful and ethical role models for yourself. Toss ideas and share your experiences. Benefit from theirs. Exponential development happens when you keep your mind open. Acronym ENTREPRENEURSHIP is the intellectual property of Rajiv Khurana
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Getting into ENTREPRENEURSHIP - Rajiv Khurana Evaluate options and terms for investment
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This is a tricky area. Seek professional help. In need for funds, many entrepreneurs accept tough conditions and percentage. Be watchful and go cautious! Try to go to financial institutions, banks or avail government schemes before venturing out for private equity. You can attract angel investors better after your first proof-of-delivery.
Understand customers’ needs
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Customers needs should be top most on your priority list. Understand the needs that he can articulate well including his pain points vis-à-vis his expectations from products or services. More important shall be the needs which you can deduce as the unarticulated needs of your customers – the ones he may have but is not in a position to express appropriately. Work on them. Develop/refine your products or services to take care of them. Some may not provide the right response or receive acceptability. That’s part of business. BUT the one/s that may click will give you phenomenal dividend. Work wisely. Deliver well. Enjoy the big pie.
Acronym ENTREPRENEURSHIP is the intellectual property of Rajiv Khurana
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Getting into ENTREPRENEURSHIP - Rajiv Khurana Restrain your spending purse
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Avoid being a miser but be watchful about any tendency to go overboard in your spending. Put ‘value for money’ to good use when you go in for your capital and operational expenses. However, be generous with people expenses. Keep them satisfied and spend a bit more on their happiness. Involve them in economizing in other areas. They may surprise you.
Stay close to Industry
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Join industry associations. Participate in their events. Interact well with various speakers and participants. Thrive on the networking. Keep yourself high on the learning curve. Share your learning with others. Mentor newcomers.
Acronym ENTREPRENEURSHIP is the intellectual property of Rajiv Khurana
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Getting into ENTREPRENEURSHIP - Rajiv Khurana Hire a coach
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You may be a Sachin Tendulkar in your business and know everything. But even Sachin needed a coach to help him with finer nuances of playing. While you may routinely be administering your business effectively, innovating your business is a different ball game. Go to someone who understands the way of doing business and multiply your impact. Use this coach or mentor as a business fitness expert or else you may need him some day to help you with problem solving for the mess partially created by your own doing.
Ideate regularly
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A helicopter view of how you are doing is regularly required for timely course correction. Generate more and more ideas. Be dynamic. Thrive better.
Play and balance
P
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Find any interest that can help you to relax and enjoy. Too much of work can be stressful. Work life balance is the need you must cater to. Rejuvenate often!
Acronym ENTREPRENEURSHIP is the intellectual property of Rajiv Khurana
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#60 March 1, 2017
Window for action loving PROFESSIONALS
"Do. Or do not. There is no try." - Yoda, Jedi Master
“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game's winning shot and missed. I’ve failed over and over and over again in my life and that's why I succeed.” - Michael Jordan, NBA Hall of Famer
“It’s not about ideas. It’s about making ideas happen.” - Scott Belsky, co-founder of Behance “Ideas are easy. Implementation is hard.” - Guy Kawasaki, founder of AllTop “If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.” - Mark Zuckerberg, founder of Facebook "The best time to plant a tree was 20 years ago. The second best time is now." - Chinese proverb 10
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#60 March 1, 2017
Download Free eBook
Window for action loving PROFESSIONALS
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Personal Branding – Social Media – A2Z Action Tips – Rajiv Khurana Download from www.thepersonnellab.com
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#60 March 1, 2017 Learning Advancing Sharpening Smartening Coaching
Window for action loving PROFESSIONALS
Make Your SMART People SMARTER Periodic learning investments do wonders to people and business. Take your people to a new orbit of awareness and equip them with SMART skills they need. Start catapulting your business to the level next. Each programme shall be tailor-made to your organization’s specifications and nuances. You are different. Your programme should be different too. Call us for a dialogue. +91 9810211256 +91 9013698960 rajiv@rajivkhurana.com
S M A R T E R
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Sharpening Business Presentations Multimedia Usage in Training Accelerating Innovativeness Reaping High Performance through Coaching & Mentoring Team playing and Leading Enhancing Personal Effectiveness Rejuvenating Digital Presence & Personal Branding
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#60 March 1, 2017
Window for action loving PROFESSIONALS
Family Business Mentoring Mentoring YES – Young Entrepreneurs for Success Career Mentoring
9810211256, 9013698960 rajiv@rajivkhurana.com http://in.linkedin.com/in/rajivkhurana
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Family business Rajiv Mentoring Khurana by
#60 March 1, 2017
Window for action loving PROFESSIONALS
Family ventures in India serve as the backbone of the economy. Name any field of business or social initiative, and families in India would have played a pivotal role. Family businesses have their own unique style and culture which keep evolving over the time. Market opportunities have been expanding globally; technology has been helping in the need and speed of delivery and the social and family milieu has created new dimensions in control and decisionmaking power-centres, besides the newer generation aspiring for new avenues or seeking a higher and faster stake in the enterprise. Complexities have been rising and so has the commitment to succeed. Globally, businesses are seeking professional MENTORS for advice, strength and support. In India, highly aware families have followed suit. Some are gearing up, while a large number still live in the comfortable bliss of ignorance. You too can easily reach out to a MENTOR if you identify your family business with any of these illustrative needs: International Management Consultant & Trainer, Venture Mentor, Executive Coach, Social Entrepreneur, Well published writer‌
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#60 March 1, 2017
Family business Rajiv Mentoring Khurana by
Window for action loving PROFESSIONALS You want your business to move
into a new orbit of expansion and excellence You are bored with a nominal arithmetic progression of growth and wish to transform to a dynamic, geometric progression You are facing some immediate issues and need a fresh, independent perspective You need a fresh look at your vision, mission, values and goals You want your business to raise its standards and performance bar You desire a rational alignment of all family members and senior executives vis-à-vis your goals and overall direction. You desire to identify and/or strengthen your competitive edge You wish to strengthen the work culture and change the customer and people-outlook of your business You need a sounding board for your ideas You wish someone could challenge your assumptions and preparedness You need support to refine the Knowledge, Skills, Attitudes and Work Habits within the family and senior employees
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#60 March 1, 2017
Family business Rajiv Mentoring Khurana by
Window for action loving PROFESSIONALS
You need help in the right induction of family youngsters You need support for the grooming and mentoring of family youngsters to refine their experience and skills as they get ready for responsible leadership roles You wish to create a smoother business succession plan for the next generation to take over You need help in conciliation, reduction or resolution of cross-generation friction You want to improve the leadership and managerial abilities of the family and the team You desire a good blending with your partners and all other stakeholders You need more time for yourself and desire to decentralize and move into an advisory role You dream to be known as an institution builder instead of remaining a business sustainer
Your choice could be any or many of the above. Professional MENTORING can help your business achieve your aspirations. Let’s talk it out. Fix an appointment for a no-commitment dialogue with RAJIV KHURANA at our office. 9810211256, 9013698960 rajiv@rajivkhurana.com http://in.linkedin.com/in/rajivkhurana
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MENTORING #60 March 1, 2017
Window for action loving PROFESSIONALS
Young Entrepreneurs for Success For Young Entrepreneurs: New in business Starting a new business Settling into their family business Wanting to do better in business International Management Consultant & Trainer, Venture Mentor, Executive Coach, Social Entrepreneur, Well published writer…
YES
Imagine Sachin Tendulkar or Virat Kohli without a Coach or a Mentor! Parents, friends and well meaning relatives could not have put them on the right path for pursuing greatness. We all need a coach, a mentor, a guide, a facilitator, a reflector, a listener, a professional friend or an advisor. The earlier the better! Make sure that the person is competent and accomplished to help you succeed in personal and professional situations. Your well mentored moves can ease your pursuits through cumbersome challenges of clarity and the complex maze of competence, commitment and creative results. Get set to • Cultivate your skills for a stronger personality and leadership in your entrepreneurial journey. • Strengthen your functional and process proficiency. • Dream Bigger. Achieve Higher. Mentoring by Rajiv Khurana is customized to your personal needs and time flexibility. Fix your appointment for a 30 minute nocommitment dialogue at our office. 9810211256, 9013698960 rajiv@rajivkhurana.com http://in.linkedin.com/in/rajivkhurana
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CAREER MENTORING by
Rajiv Khurana
#60 March 1, 2017
Window for action loving PROFESSIONALS
International Management Consultant & Trainer, Venture Mentor, Executive Coach, Social Entrepreneur, Well published writer…
Why Career mentoring? C
Confusion: Choices, Entry to Exit, Options, Mid-career blues, Personal branding, Digital presence…
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Acquisition: From employability to advancement Knowledge, Skills, Attitude, Habits, Behaviour, Certifications, Courses…
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Route-map: Goal clarity, Milestones, Personalaction dashboard…
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Engagement: Role clarity, Balancing and aligning with organisational needs, Strengthening Team and Leadership roles, Pacing the performance relays…
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Excitement: Enhancing intrinsic motivation, Energising challenges, Experimenting with multiple avenues…
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Relationships: Intra and Inter-teams Seniors, Networking, Work-life balancing… ©Rajiv Khurana
We choose our career. Our career makes us. Our journey through different checkpoints is full of Compulsions Ambiguity and Re-prioritizing, yet Enthusiasm Enlightenment and Rejuvenation. How are you sailing through? How often do you feel the need for a coach, a mentor, a guide, a facilitator, a reflector, a listener, a professional friend or an advisor? Considering the appointment of your MENTOR to be the job of your boss or the company alone is letting them take charge of your career. You have the highest stake in your career. You decide. Help for short-term clarity to long-term course correction is just a meeting away. Send an email answering, ”Why do I need a MENTOR?”, and we may invite you for a 30 minute, no-commitment dialogue at our office. 9810211256, 9013698960 rajiv@rajivkhurana.com http://in.linkedin.com/in/rajivkhurana