Social dynamic and Communication.

The concept of social responsibilities of the entrepreneur is a source for gaining social power by the entrepreneurs,because by fulfilling social responsibilities, he or she becomes able to gain social power also. It is the responsibility which comes within or we can say that it is a natural spirit of entrepreneurs. The social responsibilities helps entrepreneurs to develop various new ideas and methodology to execute it. In this journey entrepreneurs should keep in mind about how they communicate with others because communication is so important in todays life. As a entrepreneur you will have to know various skills to communicate and convey your thoughts. If you want to achieve great success as an entrepreneur, then you will most assuredly have to learn how to listen attentively. Listening is a essential part of communication and for great success in life. It is important for you to be well-versed in getting your message across effectively so that it has the impact you desire. Some of the communication done in business via the written text, emails, letters, text messages, on social media etc. For conveying your message you must write well you have to check if there is any word error or spelling or grammar etc. In today’s world social responsibility and communication is so important for making strong bond with customer or investors. For maintaining the social dynamics of the society one should be a good communicator. Enhancing our skills by communicating  is important now a days.


Social Dynamics and Communication Skills

Social dynamics and communication skills are two essential aspects in this ever changing environment. In order to maintain the social dynamics of the society, an individual needs to be good communicator. Communication is a means by which we share views, ideas, and thoughts with each other. In today’s time, it is important to have good communication skills as it helps us to interact easily. The main aim of communication is to enhance the use of language in a better way. It always helps you in the workplace for team building, helps with diversity, global business, employee moral.. and many more. Social dynamics brings together ideas from economics, sociology , social psychology and other disciplines. It basically deals with the changes in society. Social dynamics such as conference, interviews and even conversation during networking call for excellent communication skills


Entrepreneurial Education

Ideas for start-ups often begin with a problem that needs to solve and they don’t usually come when you sit idle. They tend to reveal themselves while you are hard at work on something else. Self-confidence, autonomy, strong work ethic, ambition, empathy are traits of a successful entrepreneur. Current marketing relies on social media platforms to globalize your business. Facebook, Twitter, Instagram can easily get you more customers if you present your products and business effectively. Turning the idea into reality makes a business successful. Entrepreneurship by nature has inherent risk. It is necessary to take calculated risks to become a true entrepreneur. Listening to stories of successful people to discover their potential for a more fulfilling career and life. Entrepreneurship education is concerned with fostering creative skills that can be applied in practices, education, and environments supporting innovation. Entrepreneurship education helps improve their cognition, constantly adjust their thoughts and actions, and make their entrepreneurship more directional, coherent and meaningful.


Better Thinking

Think better, be better, and make better decisions. You can’t think your way into better living, but you can live your way into better thinking. The difference between humans and animals is the ability to think. Obviously both have there own thinking but human have the power to implement it in their own  way and share it with everyone. Sometimes our surrounding may effect our thinking, the people around us may change our thinking. Albert Einstein said once “The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking”. Mind is a sword having double-edge. Filling it with positive thoughts leads us to a productive and fruitful life and negative thoughts leads us to defeated, inferior life. So think positive and be productive.


Stay Motivated

Motivation is always essential to achieve the goal and to make our dreams a reality. Life is a combination of success and failure. Most of the time failure cause the person to get demotivated, here starts the downfall of life. The question arises that “How to overcome the downfall?”. We should  think in a positive way and always be ready to face the failure in life and give all our efforts to earn our goal. Failures are finger posts on the road to achievement. If we failed today it doesn’t mean that we will fail next time also, surely there must be the brightest future coming towards your way. Learn from it and achieve the best in life. Always be positive, be motivated and believe in yourself to become successful in life. Motivation build on success, create reward incentives, generate new ideas, establish good habits, and make us focused toward our dreams and goal.


What is Risk?

Risk can be defined as possibility of failure or loss or other adverse consequences in pursuing some activity or venture. For entrepreneurs, there is no secure monthly income, and spending time with family can be a challenge. An entrepreneur will need funds to launch a business either in the form of loans from investors, their own savings, or funds from family. The founder will have to put their own “skin in the game”. An impressive business plan will appeal to investors. However, we live in a dynamic and fast speedy world where strategies can become outdated quickly. Many factors can affect the market for a product or service. The ups and downs of the economy and new market trends pose a risk to new businesses, and a certain product might be popular one year but not the next. An entrepreneur should always be aware of its competitors. If there are no competitors at all, this could indicate that there is no demand for a product. A business’s reputation is everything, and this can be particularly when a new business is launched and customers have preconceived expectations. Some things cannot be controlled by a good business plan or the right insurance. However, with the right planning, funding, and flexibility, businesses have a better chance of succeeding.


Challenges the main factor!!

Entrepreneurs are those people who have the idea to figure out the problems. They have great idea, they know how to execute it, and once they decide to start, no one can stop them. While all this is true, challenges faced by entrepreneurs are still common. When entrepreneurs are supposed to be focusing on just the idea, they actually have to handle finances, attract customers, and also manage other business tasks. Some challenges faced by entrepreneurs are:

  • Financial Management: It has been roughly estimated that 80% of entrepreneurs have to fund their own start-up and only 20% get this funding from investors, bank, or family. Further, they already be battling with seed funding and struggling to sustain liquid capital. So, it is difficult for them to manage finances and keep the cash flow steady.
  • Stress Management: Stress and anxiety are obvious when you hold the solo responsibility of making decisions. With every step comes the fear of failure and doing something wrong. Every time you take an off day, go on a vacation or spend time with friends, the guilt of reducing office time is concomitant.
  • Discipline : Even the most talented entrepreneurs fail because of lack of discipline. Having a great idea is one thing, but executing it with discipline is another.
  • Finding Customers: Most start-ups don’t have huge funding, which restricts their marketing efforts. This challenge of entrepreneurship reduces the outreach and hampers the ability to find new customers.
  • Hiring Employees: There is no best way to hire the right employees. You will never know how an employee will turn out before they start working with you.

What it takes to be an Entrepreneur

Entrepreneurship comes with a host of challenges. if you’re going to dedicate yourself for starting and nurturing a business to success, it’s going to be nearly impossible to manage another career. One of the amazing things about entrepreneurs is that they don’t see barriers and their interpretation of these obstacles are simply that there is a challenge that lies ahead, and they can solve it. Another amazing thing about entrepreneurs is that they can think differently and innovate better than anyone. The way to create more economic opportunity in developing countries is to nurture and grow the community of entrepreneurs and encourage everyone to start a business that they are passionate about but there are many problems for starting of a business. Entrepreneurship by its nature is about solving problems. You need to reshuffle your resources in a different way. The great thing about all entrepreneurs is that they are by the nature, optimists. Every day entrepreneurs are using their sense of optimism to come up with solutions that normal people believe are impossible. By creating and inspiring more people to become entrepreneurs we change people’s perception of their own self-worth. One of best thing about entrepreneurship is that it encourages and increases the speed of innovation.


Leadership

Leadership is an important function of management which helps to maximize efficiency to achieve organizational goals.Leadership is an important factor for making an organisation successful. Leadership transforms the potential intoreality. Leadership being the most influential element of any business has the greatest impact on the results. For any project to be successful the choice of a competent leader is important. An organization without a leader is like a ship without a captain. A leader is a man with a vision he has to express his vision to the team and let his words turn into action. The group performing together to achieve a particular goal includes working members/ employees and a person guiding them and organizing the coordinated actions, called a leader. Enthusiasm for the mission is what all matters the most. Work becomes a load when the leader is not passionate about it. A leader must buck up the team and build their morale high so that they work harder. By building confidence, supportive environment employee productivity can be increased. An inspirational leader must have crystal clear vision of the goal. A Great leader can see the brighter side of an issue. Ups and downs are a part of any business. A truly inspirational leader stays positive and becomes a source of continuous positive vibes for his team. Listening to the ideas and even demands of the employees make a leader gain the interest of his crew. The person leading and managing the team acts as a channel between the team members and the organization they are working for.Leadership and management are closely linked functions. A good leader without an effective management is not fruitful and the same goes for an effective management working without a good leader.