Entrepreneurship and its Collective Agenda – a Mentoring Context

By OEM Update Editorial July 5, 2021 6:53 pm IST

There is always a poetic conflict in the field of Business and Management.

It is nothing but, entrepreneurs are coming to business to solve a problem statement identified by them in the market. But, unfortunately, after coming to business, they produce lot of critical statements in their routines in terms of managing sales, team conflicts, poor accounting practice, taxation-based issues and so on. As a statement, externally, it might look like a joke, but if we move closer to the core, surely the said measures are real pain points for all the entrepreneurs in their way. So, as a mentoring forum, We, Wonderpreneurs explore the key gap areas to be considered in each layer of business. Few expert views also have been added as a part of complementing mechanism. Most of the individuals get into problem as they are unable to visualise a vibrant story of them in the market space neither logically nor emotionally. It is impossible then to build a powerful corporate down the line 25 to 30 years.

So, having a clearly defined goal during their employment days for a minimum period of next 5 years can validate their decision before jumping in to the business field. Next to the Goal conceived, having a Good Team inside the entity is the vital move which every entrepreneur must perform. Eventually, enterprises with one man army approach never win in the game and delegation is the neural system of any enterprise at any cost.

“In Indian system, we don’t believe that we need a coach or mentoring system for our business model. We hope our domain knowledge and few of our insights could drive the entire business model. On the other side, western entrepreneurs or aspirants strongly believe that a coach or mentoring system can make a major difference in their enterprise life. So, there is a huge shift in the thought process is a must for the beginners. Apart, lacking in regular updates on changing market dynamics also slow down the growth factor” adds Prithivi Raj, Management Trainer, Chennai.

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