Respected Virender sir, How would you develop entrepreneurial mindset for self improvement?

Ans: Passion and energy - my 2 words for success. You can learn from Sachin Tendulkar and Vinod Kambli what matters most.

Ans: He is a motivational speaker. Gives coaching on how to shape your attitude. He does not talk about the details of how to do business.

Ans: As a social entrepreneur, effective communication and business practices are essential for your success. Here are some tips to help you improve both:

Clearly define your mission and goals: A well-defined mission and goals are the foundation of any successful social enterprise. Take the time to think carefully about what you want to achieve and how you will measure your success. This will help you communicate your purpose effectively to stakeholders, including customers, employees, and investors.

Develop a strong brand identity: A strong brand identity will help you stand out from competitors and attract customers who share your values. Ensure that your brand message is consistent across all communication channels, including your website, social media, and marketing materials.

Build a strong network: Networking is critical to growing any business. Attend relevant events, connect with other social entrepreneurs, and build relationships with key stakeholders in your community. You can also join local business groups or organizations to expand your network.

Embrace social media: Social media is a powerful tool for social entrepreneurs to connect with their audience and promote their brand. Post regularly and engage with followers to build relationships and increase your visibility. You can also use social media to showcase the impact of your work and share success stories.
Keep learning: Social entrepreneurship is constantly evolving, so it's essential to stay up-to-date with the latest trends and best practices. Attend workshops and conferences, read industry publications, and seek out mentorship opportunities to stay informed and improve your skills.

By following these tips, you can improve your communication and business practices as a social entrepreneur and increase your chances of success.

Ans: Dear Anon,
Kudos to you for reviving your entrepreneurial dreams despite your two setbacks and financial loss.

I have no idea of your current financial and personal situation - married, with kids, extent of savings, if spouse is working etc. It would be good for you to ensure that you have savings which can take care of family needs for 1 year at least so that family worries don't derail you and take attention away.

Have you shortlisted any ideas and done an evaluation? Any preliminary validation done?

At this juncture, it would be a good idea to figure out what went wrong in your previous start-ups and why plus what corrective steps are required.

Have you also got the seed capital organised or is it possible to get it from savings and your family and friends?

It may be helpful to get a co-founder(s) with complementary skills/ expertise and experience and aligned in terms of vision and values.

These preparatory steps can help you in reigniting your start-up dreams!

All the best