Pain points of startup
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There are many social and personal pressures that startup entrepreneurs face. This includes pressure from family when revenue decreases, friends who do not fully understand entrepreneurship and may discourage attempts, and societal or government lack of support. While the business challenges may seem small, these other pressures account for 99% of the difficulties faced. Some specific pain points entrepreneurs experience are working on outdated ideas, insufficient market research, choosing the wrong partners or mentors, lack of proper training, and giving up too easily when faced with obstacles. To overcome these challenges, entrepreneurs must focus on having a solid idea, conducting thorough market research, properly forming their company, developing a strategic plan and execution, building the right team, establishing an online presence, finding an experienced
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In today’s ever changing economy being an entrepreneur is very tempting proposition and a path that can lead to having the freedom, the flexibility, and the lifestyle that goes with it.
Whilst some women entrepreneurs create a reality in which they climb the ladder of success and enjoy the many benefits that come with it, the truth remains, many other women have to face the reality of their present awareness of struggle, working long hours, and becoming fearful of what the future may hold.
For them the dream of building a successful business is very far into their future and out from their reach.
From working with hundreds of women entrepreneurs, I noticed that many of them who approach me for coaching are doing so for two main reasons. Some women are unhappy at work, they lack clarity of what they want to do, and are in the process of leaving their jobs to become Entrepreneurs.
Others, on the other hand already are Entrepreneurs, have an amazing business that they love and have worked very hard to build, but struggle to make meets end, have families that they need to support and lack the necessary mindset, skills and the processes that are required to expand their business.
The common mistakes most entrepreneurs do is that in the early stages of building their business many end up working in the business and forget to re-evaluate and to switch to a new role and start working on the business.
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Some of you that are reading this article maybe either of these women. You know that to quit, loose or leave a job to be an Entrepreneur is far from easy. You also may be aware of the many struggles, obstacles and the failures women entrepreneurs go through on their journey to climb the ladder of success.
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Recruitment Conclave in Chennai
Exclusive conclave for the Recruitment Fraternity in Chennai on 8th March 2014 @ Green Park, Chennai.
Negotiation skills
Negotiation is a dialogue between two or more parties aimed at reaching an understanding or agreement. It involves parties trying to gain advantage for themselves while also aiming for compromise. Negotiation occurs in various contexts like business, government, legal proceedings, and personal situations. It follows stages including preparation, discussion, clarifying goals, negotiating towards a win-win solution, agreeing on a course of action, and implementing it. The attitude, interpersonal skills, and knowledge of those involved are important elements to consider.
Career enrichment program for students
Vijay Anand L.V. is the director and head mentor of Hirington Academy in Chennai, India. He has over 13 years of experience in recruitment and has interviewed hundreds of candidates. The document discusses that 60% of Indian graduates lack proper employability skills based on a NASSCOM study. It suggests continuous training on skills like problem solving, teamwork, communication from the early graduation stage is needed to improve this. The solution proposed includes establishing long-term career enrichment programs focused on both technical and soft skills training.
Certified recruiter program
It is a comprehensive method to review your current recruitment strategies, policies, procedures, documentation and systems to identify needs for improvement and enhancement of the overall recruitment function.
Gain confidence of your clients and the students with a valid certification that vouches for your placement expertise.
This certification will expose the traits, roles and responsibilities, client interface techniques, talent grooming that a recruiter needs to posses.
Upgrade to the globally accepted practices.
Valid certification that speaks for your recruitment skills.
Become a champion recruiter.
Certified placement officer
After launching successful first of its kind programs in recruitment domain, here we go with another pioneer program known as “Certified Placement Officer”.
Hirington Academy’s other marquee programs includes Recruitment Auditing, Certified Business Development Support, Hiring 3.0 etc.
Hirington has mentored several hundred people in recruitment domain.
There is a huge gap between what the industry is expecting from the placement officer and what they really posses.
TPOs are not alone meant to meet the client, hand over brochure, invite them for the campus, event co ordination, shortlisting, offer and joining.
Expectation of the client on the student’s skills has changed of-late and there are new formats of assessments are implemented in the interviews.
Qualitative campus hiring
Campus Hiring is also a part of “Recruitment Life Cycle”.
Till few years ago “Campus Hiring” was a hot topic in the industry.
Only cream of candidates are getting placed and others leave institution without an offer.
Improvement of competency required for both Corporate and Institution.
Corporate is not going to perform the role of a training academy anymore.
All of us are blaming recession, global economic slow down or the reduction of US outsourcing to India. But the reality is totally different.
Deep understanding and research are needed on why campus interviews has failed in India.
Recruitment trends 2013
The document discusses recruitment trends in India for 2013. It outlines the evolution of hiring from traditional (Hiring 1.0) to more modern, strategic approaches (Hiring 3.0) that incorporate social media, but notes that 90% of Indian recruiters still rely on older methods. Statistics show workforce demand increasing 35% but supply only 21%, indicating a need for more qualified recruits. Key trends for 2013 include upgrading hiring methods, using social media strategies more effectively, focusing on developing an employable talent pool, and having recruiters serve as business partners providing advice to management.
Certified interviewer
Build a reputation for you and your organization with great interviews.
Learn the tips and tricks of assessing the candidates.
Gain confidence of your candidates and convert offers into joining.
Become a brand ambassador for your organization.
Gain job opportunities by Hirington Academy’s “Certified Interviewer” Program.
Save time, money and energy to find a brighter workforce to your organization.
Practice ethical hiring and win confidence of your boss.
Recruitment auditing
A Recruitment Audit is an unbiased examination and evaluation of systems and processes of an organization in order to demonstrate whether they are in compliance with a standard. It is a comprehensive method to review your current recruitment policies, procedures, documentation and systems to identify needs for improvement and enhancement of the overall recruitment function. An Audit involves systematically reviewing all aspects of recruitment, usually in a checklist fashion.
Global Recruiters Association
Global Recruiters Association has a memorable history to be shared with you all. It was started as an Online Facebook Community in the name of 'Cross Border Recruiter Exchange' on 31st March 2011.
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Pain points of startup
- 1. Pain Points of Start Up 3rd Chennai Linkedin Connections Meetup
- 2. Pain Points of Start Up Social Pressure
- 3. Pain Points of Start Up There is a social pressure on every start-up entrepreneur as these are no one success formula to become a business owner. The first threat is from the internal family when the regular revenue dips. The relatives, neighbours add more fear in the minds of the spouse that’s getting reflected in every aspect of the day's activities. Next are the friends circle that has half baked info on entrepreneurship and few gave up people to create fear of not possible. Then the society and the government which has no support system. If an entrepreneur wins after all these odds, give him/her an Oscar. While the business challenge is only 1% but other challenges are 99%. Social Pressure to Start Up
- 4. Pain Points of Start Up Why do Entrepreneurs suffer even after crossing the Social Pressure? 1. Working on expired ideas that don't have a market now. 2. Not doing enough market research. 3. Associating with people who don't have same vision & mindset. 4. Believing technology than a Domain Specialist or a Mentor. 5. Jumps from job to business without getting enough training in entrepreneurship. 6. Burning finances on non priority things. 7. Getting carried away with fake news / people. 8. Double minds on the success. 9. Give up easily in the odd times / not withstanding pressure. 10. Keeping multiple legs in different business or job for the safety.
- 5. Pain Points of Start Up To Solve Pain Points 1. The Idea 2. Market Research 3. Company Formation 4. Strategy, Planning and Execution 5. Right Team (From Co-Founder to Low level Hierarchy)
- 6. Pain Points of Start Up To Solve Pain Points 6. Web / Online Presence 7. Identifying Right Mentor for Growth 8. Technology / Domain / Industry 9. Investment / Funding 10. Internal Management
- 7. Pain Points of Start Up Thank You