1. Self Confidence
In order to succeed anywhere in the life one needs to have self confidence. Self confidence not only gives a person self assurance that he is right but also gives him or her courage to face the unseen challenges ahead. Often people think that self confidence only means to assume that everything that one thinks is right and the whole God damn world is wrong. Self confidence depicts the confidence in one’s abilities and endurance to bear the unbearable of the toughest situations in life.

2. Pro-activity
One other key feature of entrepreneurs is being proactive. As the businesses in this fast changing world have become very dynamic, it has become very difficult to see the changes come through and react. It is not also an advisable option to react to the situations that arrive in one’s life. Entrepreneurs need to see the things in a very different angle. They need to be sure of the coming things and they should be forward looking with prepared minds to be prepared and able to handle any kind of situation that may arise in their lives.

3. Self initiative
It is very important that entrepreneurs should be self starters. Often entrepreneurs don’t get the things done unless they need to. Especially in cases of initiatives that need to be carried in an organization for any kind of change. Facing change is difficult but it will become worse if you behave like a sitting duck in a pound waiting for a crocodile. Grab the challenges and get yourself ahead of the competition be being more of an initiator rather then a freaking mindless entrepreneur only waiting for things to go wrong or do something when need may arise.

4. Self discipline
A golden trait of an entrepreneur is being self disciplined. It is very hard to imagine that entrepreneurs won’t be self disciplined. But that is the hard fact of life and that is why most ventures fail. Entrepreneurs usually become lousy when they are nearing success and think that that’s it. But a successful entrepreneur is the one who doesn’t lapse in efforts and is consistent with his efforts the way he use to put in efforts before.

Source: Ezine Articles

You can read the entire interview by clicking here.

Sep 10 2009: DNA Newspaper Interview Aby Varghese Taroby

TAROBY has been nominated for the TATA NEN Hottest Startups in India Awards. Vote for us through SMS, type HOT 412 and sms to 56767. To vote for TAROBY Online click here.
The TATA NEN Startups Awards are the first ever people’s choice Awards to recognize the highest-potential startups in India: young companies with great potential to grow; with the ability to change their industries; companies that will create jobs and drive economic growth.

The TATA NEN Hottest Startups Awards are the first Awards designed to engage the public throughout the process: the public nominates the companies; information on the nominees is available to all, via a website; and winners are chosen through a combination of public voting and Expert Judges’ ratings.

India is witnessing a wave of growth. More individuals are taking the risk, stepping away from the comfort of jobs and institutes, and are starting companies to capitalize on today’s opportunities. The TATA NEN Startups Awards will provide these entrepreneurs with visibility, and enable them to connect more easily with resources. And by engaging the public, TATA NEN Hottest Startup Awards aims to increase appreciation and support for these future engines of growth.

Benefits for winners
The Awards are designed to boost significantly the growth of the short-listed companies, and even more so that of the 5 Winners by providing publicity, business development support and access to funding.  The support will be provided by IIM Ahmedabad, IIM Bangalore, Microsoft, Indian Angel Network, TATA and NEN. Subject to fit, winners will get introduced to angels or VCs; and/or connected to industry experts; and get access to specially designed business training, mentoring, educational programs and incubation support.

Partners & support organizations
NEN and TATA have come together to lead this first-of-its-kind effort to showcase and support young high potential startups in India. Major Partners include Seedfund, Helion Ventures and HT Mint. Microsoft, IIM-Ahmedabad and IIM-Bangalore will provide support as Knowledge Partners. In addition, all the entrepreneurial communities of India have come on board as Associate Partners, including TiE, Indian Angel Network, Mumbai Angels, Proto.in, Smart Techie, Open Coffee Club, Kickstart, Pagalguy Startups.in, Webyantra, Cool Avenues, MBA Universe and Business Gyan.