Everyone will believe that their idea is great and it will become a huge success one day. There is no wrong but running a business is not easy as you think. There is a lot of trial and error involved in the process. As a young entrepreneur, it is not possible to be aware of it. Whereas you can take the advice of a successful entrepreneur where you can learn the mistakes and triumphs from their stories. The founder of Sundial Brands and Essence ventures richelieu dennis shares his inspiring story and provides the best advice to the young entrepreneurs of Babson college.
The experienced and qualified people are out there to provide the best advice. They will share all their history and with that story, you could enhance your path. Many young entrepreneurs do have a lack of confidence which is the most important thing. The inspiring messages will help one to build confidence. You should understand that not all entrepreneurs come with the best back background to achievetheir goals. The richelieu dennis get the best motivation after he lost all his belongings and home in his country.
Prepare for an uncertain future:
From the story of successful entrepreneur Dennis story, you can learn that the future is uncertain and anything may happen at anytime. So, preparing yourself and should become stronger in difficult situations is necessary. These days technologies are getting advanced and all the current generation are moving towards an uncertain future. Because new technologies may be introduced at anytime. As an entrepreneur, one should become prepared for the future and should be able to face the future how the worst situation can be.
Dennis wanted the young entrepreneur to think for society and their community. He provided valuable advice through his life experience. Real entrepreneurship will be growing their community. He also stated that pandemic situations can be a great motivation for young entrepreneurs to come with the best ideas to support their community. Because the situations that happened in his country have motivated him and develop beauty products for Black women.
So, without considering the pandemic as a complex problem the young entrepreneur should consider it as an opportunity to solve the problem. Hence, every entrepreneur will have their own philosophies about business and life. At the end of the day, it is your decision and takes inspiration from the successful entrepreneur.