What makes YOU succeed ?

16 Dec What makes YOU succeed ?

In my 10 years of coaching and consulting, I’ve observed that success comes only to those start-ups, business owners, or entrepreneurs who are clear about their pathway.

The first question is: How can I achieve clarity?

And, What do I need to know before starting something?

To start anything successfully, one must focus on four key areas of growth: Sales, Operations, People, and Finance.

• Building a Team: This is an art that demands both passion and clarity. A well-aligned team can drive your vision forward.
• Building a Market: Creating a market for your product or service requires creativity, time, and energy. It’s a dynamic process that evolves with persistence.
• Building Workflows and Systems: Establishing efficient workflows, processes, systems, and funnels is critical at every stage, from requirement gathering to delivering solutions. These are the backbone of scalability.
• Building Financial Dashboards: Understanding your financial health is essential. Track financial ratios, budget sheets, and profit-and-loss statements closely. Without financial literacy, even the best products and markets won’t ensure sustainable growth.

Remember, a great product and a solid market mean little without strong financial management.

Here, all this clarity will make sure that you will succeed. but today I would like to draw your attention to the fundamental part of leadership clarity.

read it and introspect on it ;

“You are what your deep, driving desire is. As your desire is, so is your will. As your will is, so is your deed. As your deed is, so is your destiny. [ Brihadaranyaka Upnishad IV.4.5 ]”

Let me give you the framework for clarity.

Discovering Purpose: A Journey Through IKIGAI and Leadership Experience

Objective
To guide students in discovering their life’s purpose by aligning their passions, talents, and earning potential, ultimately leading to a meaningful and fulfilling life.

“A strong reason to wake up every day is driven by the utilization of your talents and passions to make the world a better place at the right time and in the right direction.”

Core Concepts

1. Dharm: Your intrinsic nature, talents, and skills.
2. Arth: How you are compensated for your talents, skills, and passions.
3. Kam: Your desires—what you love to do and aspire to achieve.
4. Moksha: The value you add to the world—what the world needs from you.

Step-by-Step IKIGAI Worksheet

1. What do I love to do? (My inner call to express)

• Action: List activities that make you feel alive and fulfilled.
• Examples: Coaching, advising, contributing, community building.

2. In which area am I good at? (Ability to execute/Core strength)

• Action: List skills, talents, and areas where you excel.
• Examples: Creativity, problem-solving, listening, observation, intuition.

3. What does society need from me? (Solving social pain for a bigger purpose)

• Action: Identify the needs of your community or the world.
• Examples: Leadership, growth, clarity, coaching, happiness, and discipline.

4. How can I get paid for my talents and skills? (Arth)

• Action: Research potential careers or business ideas that utilize your abilities.
• Examples: Creativity, problem-solving, sales skills, and frameworks.

Finding the Intersection

Mission Statement
I help [X] achieve [Y] through [Z].
Example: I help business leaders (industry) achieve growth (ROI) through community building (clients).

My Passion
Creating leaders who build communities and contribute to making the world a better place.

My Profession
Coaching and consulting with a focus on collaboration.

My Vocation (Unique Selling Proposition)

• Integrity
• Frameworks
• Digital Marketing
• Creative solutions
• Mobile apps
• Daily coaching

Defining My IKIGAI

Your IKIGAI lies in the intersection of your passion, mission, profession, and vocation. The one thing you should do daily is:

Support and create leaders who build communities and drive growth while solving real-world problems with integrity and innovative frameworks.

Now its time to take action on this statement to make it real. you will succeed because it’s you. YOU REAL. it’s your clarity.

Ikigai’s Role in a Startup’s Success

For startups, embracing the principles of Ikigai can significantly enhance their chances of success:

Passionate Innovation: When founders and their teams are guided by their Ikigai, they are often more driven to innovate passionately. Their work is fueled by a deeper sense of purpose, which pushes them to find creative and meaningful solutions that make a real difference.

Sustainable Motivation: The journey of building a startup is challenging and often filled with setbacks. However, when entrepreneurs align their efforts with their Ikigai, they find the resilience to keep moving forward. Their sense of purpose provides the motivation to push through obstacles and keep striving toward their vision.

Authentic Customer Connection: Startups that understand the world’s true needs, as outlined by their Ikigai, are able to build a stronger, more authentic connection with their customers. By identifying and addressing these needs, they create products or services that truly resonate with their target market. This alignment ensures that their offerings are not only valuable but also deeply impactful.

Here’s a point-wise breakdown of the key elements for startup success:

1. Balance Between Hard Skills and Soft Skills:
   • Team members should have a balance between hard skills (technical expertise) and soft skills (passion and vision).
   • High levels of passion and a collective vision lead to stronger performance.
2. Written Growth Plans:
   • A clear and structured growth plan helps guide the company’s direction and sets measurable goals.
3. CEO’s Industry Knowledge:
   • A CEO with prior startup experience and in-depth industry knowledge has a significant advantage in navigating challenges and driving success.
4. Financial Aspects:
   • A compelling and sustainable business model is crucial for attracting investment and ensuring profitability.
5. Scalable Idea/Product:
   • The idea or product should target a large addressable market.
   • Key metrics to evaluate market potential include Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM).
6. Expert Hiring and Data Tools:
   • Hiring skilled experts is crucial for solving specialized problems.
   • Leveraging advanced data tools allows for data-driven decision-making and optimized operations.
7. Culture-Building Skill:
   • 60% of new ventures fail due to team-related issues.
   • Building a strong, collaborative team culture fosters better problem-solving, communication, and retention.

By focusing on these elements, startups can significantly improve their chances of success and create a solid foundation for long-term growth.