Page 67 - Management Digest Udyama Vol 1 Isuue 2

channels, following relevant Decisiveness means that you
courses at University or technical make a choice and then own it,
colleges etc. even if you’re not sure. Real
entrepreneurs take decisions in
6 Forward-thinking heart and mind by considering all “Someone
subjective and objective factors.

If you want to become a 9 is sitting in
successful entrepreneur or Resilience the shade
intrapreneur, you need to think
long term. The famous investor today because
Warren Buffett said, “Someone is There are bad periods such as
sitting in the shade today because the covid 19 pandemic period,
someone planted a tree a long natural disaster, terrorist attack. someone
time ago.” If you want to become There is a saying that every cloud
a successful entrepreneur, you has a silver lining. The ‘Lassana planted a tree
should have the foresight to see flora’ is a famous florist company
the future. Current trends in converted into daily essentials a long time
socio-economic, political, delivery service in pandemic
technological, and legal period is a good example. ago”
environments will help you Entrepreneurs or intrapreneurs
forecast for next year and the next with an entrepreneurial mindset
five or ten years. will not set back from such bad
periods, and bounce back from
7 failure will help the business stay
Collaborative mind afloat and inspire a team to follow
the leader.
Teamwork and collaborations
are critical factors for business
success. If you want to think and
act like an entrepreneur, you need
to think in terms of “we” instead
of “I”. Successful ventures such
as Amazon and Apple didn’t build
Jeff Bezos and Steve Jobs alone.
Most Sri Lankan entrepreneurs
fear starting and running a
business as a partnership with
others. That limits their resources
access. The UBER is a very
successful business model
running with making drivers
joining as partners with their
vehicles instead of drivers.
8 Decisiveness

It is not easy to assess the
effectiveness of a decision
immediately after making it.
As the environment is highly
uncertain, it is challenging to
takes decisions with all necessary
information.

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