8 Beliefs of an 'Extraordinary' Entrepreneur


Belief #4: Find The Sweet Spot, Then Scale It

Patel believes once an entrepreneur finds the threshold point or the market fit, then it’s time for him to figure out on how to scale the product.

“If you scale your product before people fall in love with it, you’ll smudge your brand value.” Patel realizes the fact that with an unhappy product is always followed by negativity. Decrease in sales and a bad brand value are just the after-math.

 “Once people think negatively about your product or brand, it’s hard to change their perception, even after you fix your product.”

Belief #5: Don’t Think About Taking a Leap, Just Take It

Patel considers the perfect time to be an entrepreneur is when an entrepreneur is young at age and without a family, rather than being old and with a family.

Next thing that every entrepreneur need is the mind set to take the extra affordable risk. “People often come to me and say that; I got a great idea, worth a trillion dollars. Then they say; once I get the idea into process, I will quit my job and be a full-fledged entrepreneur. Now that is the biggest mistake that every new entrepreneur make in his life.” Patel clearly cites that people need to believe in themselves and must act quickly upon their ideas.

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