Inshan Meahjohn shared the basic fundamentals that an entrepreneur must focus on at any given point of time irrespective of the stage or the scale.

2. Entrepreneurship is developed, it is a
skill. There are no born entrepreneurs,
they build themselves. Entrepreneurship
lies dormant in all of us. We all have that
inherent desire and wish to do that one
dream business or project one summer
day.
The fact is if we ask all the people we
know to write down their dream business
on a piece of paper you will get a huge
pool of resourceful Business ideas to
work on. The tragedy is very limited
people can visualize it as a profitable
venture. No business is a bad idea. Every
business is a growth business.

3. Once the idea is in place, the next step
would be to create a clearly written down
execution plan with step by step
precision of what is to be done to make
the idea convert into a business venture.
Writing down the magic questions and
their answers are the key. Magic
questions include the what, where,
when, how, who and why.
A plan is nothing but a detailed
execution methodology shared and
supported by all the members concerned
in a venture. Most entrepreneurs fall
short of penning down their ideas simply
because of lack of will or laziness.

4. This is what separates the men from the
boys. Starting a venture requires the
rare quality to challenge our comfort
zones. Doing things that make us
uncomfortable and destroying the status
quo remains the fundamental, essential
quality of successful entrepreneurship.
Entrepreneurship is doing things that
are contrary to everything that has to
do with the words security and comfort.
It's about choosing the short term plans
to actualize and materialize the long
term gains.

5. Entrepreneurship is about being ahead
of time by planning your priorities.
Entrepreneurs wear multiple hats and
hence it is imperative that they wisely
choose to do the most crucial and
important activities in their business
which only they have the expertise of
doing.
Entrepreneur's must focus only on key
success driving activities in their
business and delegate the rest to
people who are better at doing those
things than the entrepreneur.

6. Can you imagine the pyramids in
Egypt built with a single rock? Can
nations be built by the effort of a
single person alone? Difficult to
imagine, isn't it? The sum of the parts
makes the whole and the whole is
incomplete without its parts. You
cannot build a fantastic business
unless you have fantastic people
working with you.
It's easier to attract and nurture talent
when you have a strong vision and
purpose for your business. Business
building and entrepreneurship thrives
on the collective efforts of like minded
people moving together towards a
common goal

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