We are happy to share with you a set of 10 essays on ethical entrepreneurship by Varun Talwar, CEO – The HR FUND.
“Having made the journey from a professional to an entrepreneur and now an investor, I know the pains that new entrepreneurs and start-ups in general go through. As a professional one is used to a certain degree of structure and organization; all this changes when one sets up one’s own venture. In this gray and ambiguous time, nothing is certain and the future can look hazy on certain days.
It was with this above scenario in mind that I have written a series of essays to help new entrepreneurs navigate this zone and find a secure place as to who they are and what they want to do. They aim to help entrepreneurs understand their purpose, discover their values, comprehend themselves and their team, and learn to balance multiple stakeholders in order to run a business successfully. The essays draw upon the many theoretical models ranging from the multiple intelligence theories to Indic philosophy and the author’s own experiences as both entrepreneur and investor.”
The essays are downloadable from the links provided below.
This essay describes the journey of entrepreneurs, especially those in the service sector, and how they metamorphose from one man shops to large enterprises.
When one thinks of a successful entrepreneur, what qualities come to mind? Opportunism, charisma, a go-getting attitude? But for me, what really defines a successful entrepreneur are three qualities – skills, focus and values.
When studying entrepreneurs and start-ups one observes the founder and the core team. While degrees and experience are important, the mental makeup of this group of people is crucial to take the company to its peak or to let it stagnate. How is this group hardwired? Are they left-brained (logical, analytical and objective) or right-brained (intuitive, thoughtful and subjective)?
Who is an Entrepreneur? To me, she / he is a person who is not merely trying to make a living or profit, not merely giving employment to others, but creating value and an enterprise of significance. Entrepreneurship is about using your life to do what you really love and truly care about; being driven by passion. This essay talks about three aspects that define an entrepreneur – the people that surround him / her, the path they choose to take and their core purpose in life
Have you ever walked into a new place and felt all charged up? Do you remember meeting a new person for the very first time and they looked like sunshine? Cultures in many parts of the world believe that people, places and time all have different kinds of energy. This essay talks about three kinds of energy in people we across every day – white, grey and black.
Entrepreneurship is an art, not a science.” And at no time is this truer than when we talk about the art of managing the three key stakeholders of a business – investors, clients and employees, or ICE for short. An entrepreneur has to manage these three key groups who are central to the business ecosystem and to the success of the company.
Whether it be an organization, a project or a plan, a crucial element is the team working on it. The ‘people’ aspect is as likely to contribute to failure as neglect of the “hard” dimensions of the organization/project. And the three pillars of an organization – investors, the board and the management team are the mainstay of the people plan of any organization; so learning how to manage these three groups is imperative for a CEO.
It is the germ of an idea which is at the core of any successful business model. Given its importance, ideas need to be nurtured and protected. However, just a bright idea is not enough. To my mind, there are three things that are important to ensure the ultimate success of the idea – first mover advantage, intellectual property rights, and scalability. This essay details these three concepts.
Building a company is hard, gruelling, ungrateful work… most days! This is contrary to the stories of successful IPO valuations, million dollar acquisitions, seemingly overnight growth that we get fed through the media every day. This essay describes the various divisions in a company and what is needed to grow these verticals for a successful company.
The growth and transition phase of a company is perhaps the trickiest part of an entrepreneur’s evolution. If an entrepreneur expects to expand, delegation is imperative as one simply cannot do everything oneself and also expect to grow. That means the need to hire people and inevitably deal with people issues. This essay details the different kinds of intelligences (IQ, EQ & SQ) required in the workplace today to help make your company succeed.