Read, Learn, Share, Repeat

 Success and Happiness!💆🙅

-Anik Barua

Many of us have a natural tendency to see something glittering and assume it's gold, without verifying whether it's genuine or fake. We tend to rely on this habit without considering the need for verification or careful examination.

However, we often laughingly say "gold, gold" while making the sound of clinking coins. In life, most people chase after success and happiness. No matter how difficult the task or how steep the climb, we strive for success and happiness. We tend to trade off so much in pursuit of success and happiness.

Though it's somewhat true that success implies happiness, it's not an absolute truth. To some extent, what I mean by "somewhat true" is this: Relative happiness is something that is always with us. It accompanies us regardless of the circumstances we're in, no matter how adverse they may be. We tend to assume that we are doing well in front of everyone, even in unfavorable situations. But the true meaning of how good something is depends on where a person stands.

There are so many around us who seem to shine like gold from a distance, or are perceived to be always happy. We often think that they have boundless happiness. They've achieved so much, gained so much recognition, and seemingly have everything. This is a somewhat strange illusion, where their influence and impact seem to affect us so much, yet they are like the tip of an iceberg, where the rest is submerged.

In reality, those who share tales of success and happiness with everyone around them live their lives alone. They spend their lives in solitary reflection. Such individuals tend to be in a state of depression due to the erosion of happiness caused by various reasons of success.

However, when the night passes, dawn breaks, and the play of happiness begins anew. It's a cycle of staying positive and achieving success. Even though these nights of struggle may take away our happiness, the mornings bring another opportunity for success. Success and happiness coexist but they don't necessarily exist together all the time.

On the other hand, there are those who proclaim that a person can be happy without being successful. This is a somewhat perplexing paradox. They believe that there's a strange twist, that even after gaining so much and being so well-known, they've lost everything in the quest for success.

In the end, it matters whether you are well. That's why, in our lives, everything needs to be given equal importance to become successful and happy. Not only success, nor only happiness. It's essential to understand the concept of self-satisfaction in everything we do.

 Think Big Start Small🏆

-Anik Barua

Amazon is the largest e-commerce platform in the world. Their annual sales growth of 20.45% is quite evident. If we say that in 2019, their sales were $280.5 billion, it becomes clear. Presently, Amazon, the most user-friendly e-commerce site in the world, is known by everyone. However, they didn't start off as giant. Perhaps the idea was big, but they began their journey as a massive establishment like Amazon by selling old books from scratch. So, think once: the world's largest e-commerce business journey might have started with selling old books; then why can't you start from small!

Even if you start from scratch, you must always work with a long-term plan so that you gradually move forward towards your goal. One cannot become big overnight. Just like a sapling that grows daily with care and attention, similarly, your small idea and your project need proper nurturing. Therefore, you need to manage your ideas carefully, even if they are starting from scratch. So, you will eventually achieve your desired results. There's a saying, "The fruit of patience is sweet." In this journey, you'll face various obstacles and challenges, but you must persist.

To enhance the quality of your service and product, you need to conduct various experiments. You need to stay connected with customers to gain different types of experiences. By experimenting with all the gates of your service, you'll be able to bring out the best output from your product. Experiment with your customers to understand what they want from you and which aspects are causing you losses. Collect accurate data from customers and find out their needs. Just like a tree seedling grows slowly every day and eventually yields ripe fruit, similarly, you need to take care of your small child and your project like a tree sapling. Only then will you achieve the desired outcome over time.

Often, you've been contemplating your idea for a long time, but you're still sitting on it. Without worrying about millions of dollars, start with whatever resources you have. Observe the market around you, take action, and start. If there's no plan for failure, you'll achieve success gradually with your effort and intelligence. Don't just give ideas, immerse yourself in the field and work on it. If success doesn't come, learn to embrace failure; you'll gain experience. When you taste the bitterness of failure, you'll understand how joyful success is.

Why Startup Fails in the early stage?🧨

-Anik Barua

Different surveys show that around 70-80% or more of startups running in the market fail to achieve success or sustainability. As a result, most people fear the term "startup" and show no interest. They think that having a convenient job in a company is better than starting a startup.

You dream of becoming a millionaire, but you don't want to do what it takes to become one. You'd rather earn money while sleeping and deposit it in the bank. Well then, let me tell you that this money will only sleep and never wake up. Your dreams, hard work, creativity, and dynamic effort, even if not leading to millionaire status, will still require your diligence. Working a 9-5 job will not make you the owner of a company. You won't be able to make money for yourself but by using your skills, you can make money for the company. To make money for yourself, you'll need to take risks, work hard, and have the courage to face challenges. Otherwise, a 9-5 job is the best option for you.

Now, let's discuss why startups fail!

The main reasons behind the failure of most startups are:

• Lack of a good idea.

• Not following proper strategies.

• Failure to conduct market research before developing a product.

• Basically, the majority of these factors depend on your success and sustainability.

If your idea doesn't have a strong demand, it's a waste of time to work on it without a proper reason. Working on something that's not in demand is a bad investment. If you enter the digital radio market when there's no demand for it, everything you invest will go down the drain.

You must understand how your marketing skills can help you reach the right users. If you don't analyze your sales growth, you won't be able to understand your ups and downs. You need to prioritize your work. Without a proper plan, your chances of failure increase.

Market research is crucial. You need to understand how much demand there is for the product you want to introduce to the market. You need to collect information on your competitors and those who are already providing services in the market. Market research is a must; otherwise, you won't be able to discover the uniqueness of your product and add unique features. So, without proper research, you won't achieve any results.

You need to step out of your old mindset. You need to be creative, adapt to new technologies, and update your management system. Without passion, hard work, and a sense of destination, you won't bring success.

Five principles key of the Lean Startups Methodology📝

-Anik Barua

A start-up always creates a distinctive environment, crafting a unique culture that sets it apart from conventional business ventures.

🌏Entering Entrepreneurial Nirvana🌍

Becoming an entrepreneur doesn't necessarily require working in a garage like Mark Zuckerberg, Steve Jobs, or Jeff Bezos. You can work from anywhere in the world, under any circumstances. Entrepreneurs work with a passion for discovery, creating something new that the community needs. Start-ups bring innovation to the forefront, introducing novel services and products. Your sector can be different, your field of work can be different, your company size can be small or large.

🏋Entrepreneurship is Management🏋

While we often talk about start-ups creating new services and products, the most significant aspect is building a complete organization. Behind creating a product and service lies an organization, and without proper management, that product and service can never run successfully in the market. An entrepreneur doesn't just think about a job title, they think about the innovation in their product, how unique their service is, and what growth their future holds.

💰💴💵💶Validating Learning💶💷💰💵💵

Start-ups don't just look for more and more staff recruitment; they always focus on their profit and money-making strategies. They focus on customer service and believe that the more satisfied their customers are, the more profit they will make. They create their product's valuation by focusing on creating a unique service in the market.

🏛🏛🏛Building📈📈🔬 Major📖📖📖Learnings

The fundamental issue of a start-up is to transform an idea into a product based on the idea. It means figuring out how much a customer likes and how much satisfaction they are getting from that product. Start-ups always focus on customer feedback, creating value for customer satisfaction.

💡💡💡Innovation Accounting 📑📑📑

Proper accounting takes various forms for a start-up to ensure swift progress. It involves tracking your work progress, setting milestones, prioritizing work – what tasks should be done before others. Accounting matters a lot. Your success at the end of the day depends on your work. It will tell you how intelligent your output is, how much you are working with intelligence.