November 27, 2007

Take a positive attitude to work

I often hear from people:

  • I hate my job.
  • I don’t feel like going to work.
  • I have no excitement in my career. It is the same old grind.

This happens more so often because most people are doing things that they never wanted to do in their professional life. I have written about this problem in my post - Are you what you always wanted to be?

I suggest a three step solution for people who are stuck in such a situation!

1. Take a positive attitude to work.

Even if you want to change the big picture, you got to do what you are expected to do on the given day when you reach your workplace. You may hate the work, but you have to do it. Now, if you can take a positive attitude towards your current job and enjoy the same, you will have a good day at your workplace and you will feel satisfied and happy at the end of the day. If you keep cursing the world for putting in that position, you will end up feeling more frustrated and probably mess up the work that you are doing.

So, cheer up and take a positive attitude to work. Think of the ways your work makes a difference to others. It does. Else you would not have been doing it and your boss / client would not have been paying you to do the same. 

2. Visualize the value chain

Once you know, how your work helps the company / social setup in the bigger context, try to visualize the value chain. So you might like to find out what happens before and/or after you do your job. What is the value that the end consumer gets? Try to visualize the entire value chain and see where you fit in based on what you will like to do and the profile which can have maximum impact on the company / social setup where you want to contribute.

3. Make your moves

Once you have learnt to live your daily workday in a positive way and have visualized the area where you will like to see yourself in you can start making moves towards achieving the same. Please note that this should be closer to what you always wanted to be or should be able to derive similar level of satisfaction, else you may not feel the drive to achieve this new position.

You can start training yourself appropriately. Gather knowledge through books, Internet, friends, professional gatherings, etc.

With the appropriate knowledge, show your organization that you are capable of doing something better or more valuable than what you are currently doing. Everyone wants a proof-of-concept! Once you have proved your credibility and capability, you can surely find you way to reach your goal.

Take action.

 

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August 8, 2007

Paper napkin business plan

I have often seen people struggling with their business plan. I have a bit unconventional take on the subject. May be, because it has worked well for me till now. So here is what I sugget:

A business plan does help. However a business plan should be proportionate with the size of investment you are making or seeking.
 
So, if you are starting small and testing the waters, I will suggest you to have a “paper napkin business plan”. A plan which reminds you of –
 
1)    Your target audience,
2)    Your product range and
3)    Highlight the reasons why someone will buy the product / service from you. And, how will you achieve this?
 
I feel that this can be a mini-strategy document which will help you and these three things must be “thought upon” before venturing into anything.
 
You shall also put down in that paper –
 
1)    Your cash-flow statement (Expected revenues & expenses – both pessimistically an optimistically). You can use this to verify if you are on the right path or not?
2)    Your sales pitch! This is very important. If you are not convinced from your own sales pitch, no-one will be! Try to verify your sales pitch with friends you trust and take their feedback.
3)    Risks to your business and how you will mitigate them.
4)    Possible sources of acquiring business and how you want to prioritize and execute them.
5)    Possible sources of funds, if you really need them at one point of time.
6)    Some goals!
 
That’s it!
 
I think one can kick start a business from this “paper napkin business plan”. You can comfortably make it while you chew upon your favorite sandwich in the coffee shop.
Best of luck with your venture!
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