5 Simple Ways to Learn How to Think Like an Entrepreneur

How To Train Your Mind To Think Like An Entrepreneur

by | posted in: Entrepreneur | 0

An innovative idea is not all that is required to become an entrepreneur. Dozens of new companies are founded every month but only a small percentage of them taste success. The difference lies in having an entrepreneurial mindset.

It’s all about looking at challenges from a different point of view, being able to find the root issue, framing viable solutions, adapting to changing circumstances and staying focused on a goal no matter how uphill the road may seem. Not everyone thinks this way naturally. But, with a few tips and tricks, you can train your mind to think like an entrepreneur. 

5 tips to rewire your mindset to think like an entrepreneur

  1. Do Things That Scare You
  2. Get Curious
  3. Take Responsibility
  4. Give Yourself Goals
  5. See Problems As Challenges

 

The Office Pass South Delhi
The Office Pass (TOP) Coworking Space in Delhi

1. Do Things That Scare You

The ability to take risks is one of the signs of a business-minded person. There’s never a safe time to start a business yet entrepreneurs’ risk everything to bring their dreams to life. There are no guarantees for entrepreneurs. 

To teach yourself to take risks, start by doing small things that scare you. Get out of your comfort zone. Remember, you’re more likely to regret playing it safe as compared to taking a risk.

Have you taken risks with your career?

Source: CFA Institute

If you’re afraid of talking to strangers, ask someone on the street to take a photograph of you or strike up a conversation with a person in the elevator. Work your way up to overcoming your bigger fears. As you gain confidence, you’ll find yourself willing to take bigger risks. 

2. Get Curious

When it comes to being an entrepreneur, you must put your ego aside and be always open to learning. We fear the things we don’t understand the most. Hence, start looking for information. This doesn’t always have to be in the form of formal education. With the internet, you can learn anything from a new language to the history of our planet. 

If you’ve got an idea, research it. Talk about it with others. Look for similar products and solutions and see how they work. The more questions you ask, the more knowledge and confidence you will gain. 

3. Take Responsibility

Taking ownership and control of situations is one of the lesser-known entrepreneur secrets to success. Psychologists call it the ‘Locus of control’. This is the amount of control you believe you have over your life. One of the common patterns seen amongst unsuccessful business owners is that they perceive success to be a matter of chance and blame external factors or their colleagues and employees for their failures. 

To keep from becoming like this, start taking ownership of your actions. If you made a mistake, own up to it. If you’ve achieved something, take credit for it. Accepting your mistakes is the first step to learning from them and avoiding them in the future. 

4. Give Yourself Goals

Entrepreneurs are not answerable to anyone but themselves. When they do well, there won’t always be someone to applaud them and when they fail, they don’t have anyone else to push them back up. Hence, it is important to be self-motivated. A survey found that 38% of small business owners consider self-discipline to be the most important characteristic for successful businesses.

Top characteristics for running a successful business

Source: SalesForce

To learn how to think like an entrepreneur and keep yourself motivated, start giving yourself short-term and long-term goals. Set achievable goals with a fixed timeline. These goals don’t have to be work-related. You may want to work towards reading a book in a week or earning a new degree, etc. 

As you achieve your goals and move on to the next, you’ll gain confidence and learn to be self-motivated. If you don’t achieve your goals, be open to reworking them. 

5. See Problems As Challenges

Entrepreneurs are faced with problems at every stage of their journey. They cannot afford to give up on any of them. Thus, they need to find ways around it. It’s about developing a problem-solving attitude. 

Take budgets for example, entrepreneurs always have to work with limited budgets. They need to find ways to stretch every available resource. It’s one of the reasons why entrepreneurs gravitate towards working from coworking spaces rather than independent offices. 

When you’re faced with a problem, challenge yourself to find a solution. Spend time looking at the problem in different ways to see how you can deal with it. You can also ask for help. Entrepreneurs don’t do everything alone. They have a team with them and mentors. Be open to discussing the potential of your solutions and finding other ways around the problem.

15 Biggest Problems & Challenges Faced by Entrepreneurs in India While Starting a Startup in 2024

In Conclusion

Entrepreneurs with businessman thinking capabilities are most likely to be successful. You need the right attitude, forward-thinking ideas and a supportive community. While you work on developing an entrepreneurial mindset, you can find your community in coworking spaces like those managed by The Office Pass. 

The Office Pass (TOP) has shared office spaces in Noida, Gurgaon and Delhi. Each coworking space is fully furnished, air conditioned, equipped with high-speed Wi-Fi and basic office infrastructure and designed for professionals who want to work undisturbed as well as those who want to collaborate with others. To know more, reach out to us at +91 89998 28282.

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5 Steps To build A Great Culture For Your Company

What Makes A Great Company Culture And Why Does It Matter?

by | posted in: Coworking | 0

Gone are the days when people started their careers in a company and retired from there many years later. Today, in a bid to climb the corporate ladder faster, people are open to the idea of switching jobs frequently. But a higher salary and a better position isn’t the only reason why people switch companies. A LinkedIn poll found that 41% of employees left a job because of the company culture.

Why do people leave their jobs

Source: Talent Point

If people are leaving your organization because they don’t identify with the company culture, you may have a problem on your hands. Your team is your biggest asset and how they function together determines the company’s performance. This is where your company culture comes in.

What is Company Culture?

Company culture can be defined as a set of values and beliefs shared by everyone in an organization. This dictates the way people interact within and outside the company, the leadership styles, expectations and goals.

There are many types of organizational culture.

Some start-ups may choose to focus on innovation and give employees the flexibility to work in their own style uninhibited by bureaucratic procedures. Small family-owned businesses may follow a more clannish-democratic system where everyone is treated as equals. This encourages honest feedback and collaboration. As companies get bigger, they may shift to a hierarchical culture with established practices and a well-defined chain of command. 

Thus, the ideal company culture for your organization depends on the purpose of company culture. You should consider your company’s goals, the working style you prefer the most, your company size, etc. Study positive culture examples from other organizations for inspiration.

Why Is It Important To Have A Great Company Culture?

Having a good company culture does a lot more than just lower employee attrition rates. Here are a few points to illustrate the importance of organisational culture.

  • Strong Culture Improves Performance

The right culture can make it easier for people to collaborate on team projects. It also makes them more open to sharing and receiving feedback. 85% of a survey’s respondents said that their organisation’s culture gave them a competitive advantage.

  • Competitors Can Copy Products Not Culture

Your company culture can help set your business apart. Your competitors can copy product innovations but they cannot copy the way your team interacts with customers. In today’s competitive environment, this could be just the advantage you need.

  • Culture Correlates With Adaptability

Companies that invested in building a company culture were found to be more resilient and agile during the pandemic. 69% of a survey’s respondents said that their company culture has helped the organization adapt to changing situations.

  • Culture Boosts Satisfaction Levels

Companies with well-structured company culture are more likely to see higher employee satisfaction and customer satisfaction levels. This makes it easier to recruit employees and maintain a loyal customer base. 

5 Easy steps To Build A Great Company Culture

Here are the 5 steps to build a positive culture for your company as given below:-

1. Keep Culture In Mind During Recruitment

Company culture is set not just by one person but the whole team. Hence, you should prioritize hiring people who share your beliefs and vision for the company and how it should function. If you favour a democratic style of working, bringing in someone with an authoritative nature may not work. Bring in people who will be able to mix well with the other members of your team. 

2. Incentivize Productive Actions

No matter how old a person is, his/her behaviour will be driven by what actions are incentivised and what is criticized or ignored. To optimize your human capital incentivize employees who work on improving their skills, helping others, etc. Celebrate the small wins and you’ll find this behaviour being adopted by others too. As your team’s capability grows, so does your organization’s capability. 

3. Establish Goals

Your team needs a direction to work towards. Establish short-term and long-term goals and share these with your team so they can work towards the same vision. This keeps the team aligned together and can also be a tool for holding each other accountable. If everyone knows you’re planning a product launch on January 1st, they can plan their work accordingly and you’ll see fewer arguments and less tension in the office.

4. Lead By Example

A survey found that after higher salaries, an unpleasant working environment and bad bosses are the most common reasons for people to quit their jobs. 

What reasons would lead you to quit your job

Source: Zippia

To keep this from being your company’s story, you need to accept your role as the ultimate boss and lead by example. If you talk to people calmly, your managers below you will be calm in conversations with their juniors as well. On the flip side, if you are rude, your team will also be rude to their colleagues. 

5. Focus On Work-Life Balance

Work and profits aren’t the only elements to be considered while developing a good company culture. Emphasize on finding a work-life balance from the day you start your business. On your part, avoid sending emails after hours. Even if you don’t expect a response, your employees may see the notification on their phones and feel pressurized to do so. 

In Conclusion

Companies with a strong organizational culture are more likely to have a happy team and happy people work harder. They’re also less likely to leave quickly and thus you have a loyal team. This becomes all the more important in today’s world where remote working and a hybrid workstyle are gaining popularity.

If your team is working remotely from coworking spaces, make sure you choose a coworking space with a culture that complements your company culture. 

The Office Pass (TOP) coworking spaces in Delhi, Noida and Gurgaon give remote workers and small business teams a professional space to work from with minimal distractions. At the same time, the spaces are designed to encourage collaboration. To know more, reach out to us at +91 89998 28282.

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5 Different Types of Peoples You Meet in a Coworking Space

5 Different Personalities You Meet In A Coworking Space

by | posted in: Coworking Spaces | 0

The beauty of a coworking office space is how it brings together people from all industries. From young graduates just starting with their careers to managers with years of experience, you’ll meet all sorts of people. Each person has a unique personality but as you find your space in this universe, you’ll find that you can group many of these personalities. Just for fun, let’s look at 5 different personalities in a coworking space.

💡 Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
Call now: 08999 828282

5 Different types of peoples You Meet In A Coworking Space

  1. The Networker
  2. The Frequent Flier
  3. The Working Parent
  4. The Trouble-Shooter
  5. The Go Getter

1. The Networker

There’s always that person in coworking spaces who seems to know everyone. Some people find it easier than others to reach out to new people and make friends with them. These are the people who make the most of the networking opportunities offered by coworking spaces. These are the people who fall into the 24% of people who join a coworking space to network and socialize.

top reasons to choose a coworking space

Source: PrittlePrattleNews

They can strike up a conversation anywhere with anyone. They are usually the first people to introduce themselves and are approachable. There’s a chance you’ll find these people in the common areas more often than you see them at their desks.

When you’re new to coworking, this person will be your connection to everyone. If you’re hesitant about reaching out to someone, the networker can help with introductions. These people are usually good collaborators and are always willing to help. It’s a good idea to stay connected to them but you may need to draw boundaries so they don’t disturb you while you’re working.

2. The Frequent Flier

There are some people you’ll see every day in the office, some who come once or twice and then disappear and some who you’ll see intermittently. These people are usually working remotely from the rest of their team. They may also be entrepreneurs. So, once or twice a week or for a few days every month, they go to work sites or company offices. According to a survey, remote workers account for a little over 13% of the coworking demographics.

most common demographics of coworking space users

Source: Whattobecome

Since these people are not present every day in the coworking space, they may be quieter and keep to themselves. They’re usually running towards deadlines and have headphones on. But, when you reach out to them, they should be willing to help.

Working beside remote workers can help you stay motivated and disciplined. Seeing them work towards their deadlines will make you more accountable to yourself as well.

💡 Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
Call now: 08999 828282

3. The Working Parent

While it is mostly working moms that fall into this category, today’s fathers are often just as involved in their child’s life and hence fall into this category too. These proud parents will always have a photo or a video of their kids to show along with a story. You’ll also find them bringing homemade treats for everyone they work with. They’re warm, approachable and always ready to help.

most important factor when choosing an office space

Source: Sustain-re

Working parents generally evaluate the scope of coworking space by its proximity to their home i.e., neighbourhood coworking and the availability of good transport links. You might not find them taking breaks often but they’ll maintain fixed schedules for work hours and do their best to leave the office on time every day. 

Working parents are patient and understanding. This makes them great listening boards for your challenges and new ideas. They can help you brainstorm solutions but they won’t be happy if you disturb their flow of work.

4. The Trouble-Shooter

You could also call this personality, the mentor. He or she is one of the most helpful people you will meet. They’re easy to approach, have ideas to help you solve every issue and good people to brainstorm with. They’ve usually reached a senior position in their careers and will help you grow. Interestingly, a survey showed that 80% of people in coworking spaces turn to other members for help or guidance. This is one of the biggest benefits of working in a coworking space.

Coworking Statistics

Source: Coverwalle

Mentors are almost always smartly turned out and are an inspiration for everyone around them. Make sure you reach out to them and introduce yourself. Whether you’re a freelancer or a salaried employee, it’s always a good idea to network with these people.

5. The Go Getter

These are those personalities in coworking spaces who seem to always be busy. You’ll see them always at their desk or negotiating deals on the phone. They’re multitaskers who never seem to take a break and their conversations too are mostly about work. At the same time, you’ll also notice that they have high energy levels and a positive attitude. 

Go-getters don’t hesitate about pursuing their goals. They may seem intimidating but you shouldn’t let that stop you from interacting with them. If you find yourself easily distracted, get a desk near them and keep them in your line of sight. Their drive will keep you focused on your work too.

Working With All The Different Personalities In A Coworking Office

Everyone in a coworking space will have their own personality and style of working. Some prefer to work on their own while others like to work in groups. All their personalities may not complement yours. However, it is important to maintain cordial relationships with everyone. 

To make sure that you’re working with the right type of people, be careful when you’re choosing a coworking office. Some coworking spaces take a formal approach to their work culture while others have a more relaxed style. Make sure the overall work culture and rules match your working style. 

💡 Are you looking for Coworking space in Gurgaon, Noida or Delhi?. We are just a call away.
Call now: 08999 828282

If you’re looking for a coworking space where you can focus and work and yet network with others, check out The Office Pass (TOP). With coworking spaces in Delhi, Noida and Gurgaon, you’re sure to find a location close to your home. To know more, contact us at 08999 828282.

BOOK A COWORKING TOUR

Top 5 Hiring Challenges From A Coworking Space & How To Handle Them

How The Office Pass (TOP) Neighbourhood Coworking Offices In Gurgaon Are Facilitating Work From Near Home (WFNH) Culture?

by | posted in: Coworking in Gurgaon | 0

When we had to go to the office every day, we dreamt of a day when we could work from home in our pajamas and companies assumed people wouldn’t get much done if they weren’t in the office. But when #WFH became a reality, the flip side soon made itself visible. 

Companies saw that employees were as productive working from home as they were when they were in the office. In addition, remote working was cost-effective for them. 

However, employees realized that this arrangement blurred the lines between their work time and personal time and they had to deal with many more distractions. They didn’t want to work from home but neither did they want to go back to the daily long office commute. 

The ideal solution emerged in the form of neighbourhood coworking spaces offering WFNH or Work From Near Home opportunities. Let’s take a look at how The Office Pass (TOP) is facilitating this transition in Gurgaon.

How The Office Pass Are Facilitating Work From Near Home Culture (WFNH)?

  1. Professional Work Zones
  2. Access To Productivity-Enhancing Tools
  3. Flexible Membership Plans
  4. Motivating Community
  5. Accessible Locations

1. Professional Work Zones

The doorbell ringing every 5 minutes, children asking for snacks and the maid wanting to know what to cook, well, these distractions are some of the biggest challenges of working from home. The Office Pass (TOP) gives working professionals a space where they can focus on their to-do lists with minimal distractions. 

According to a survey, 68% of all respondents say that they can focus on tasks better in neighbourhood coworking spaces as compared to their homes. 

Rather than share their workspace with children doing their homework, people can work beside other professionals. Everyone in this space has professional targets and goals that they’re working towards. When people do need to talk to others, TOP has dedicated meeting rooms and community spaces where they can talk without disturbing others. 

2. Access To Productivity-Enhancing Tools

Almost all professionals have a laptop at home where they can get most of their work done. But, many do not have good-quality printers, scanners, video conferencing equipment, etc. Even the Wi-Fi at home can be weak. For many people, the dining table was also their work table. All of this affects productivity. 

According to a survey, availability of office infrastructure is one of the key reasons why people choose their current coworking space. 57% did so because they needed a basic office infrastructure while 46% needed a good internet connection.

Reasons For Choosing Coworking Space

Source: SlideShare

Irrespective of which The Office Pass (TOP) coworking space in Gurgaon you visit, you’ll get access to the basic infrastructure, ergonomic chairs and desks to work from, a steady, reliable internet connection and a host of other productivity tools. TOP members can even get fresh coffee within the space. 

3. Flexible Membership Plans

The Office Pass (TOP) facilitates WFNH for entrepreneurs and employees of growing companies as well as those working with MNCs. Unlike the long lease agreements associated with taking up a traditional office for rent in Gurgaon, you can rent a coworking desk for as little as a day. This makes coworking spaces cost-effective and gives professionals the flexibility of choosing need-based work sites. On days when they need to work on team projects, they can take up additional desks without any hassle.  

4. Motivating Community

Staying motivated to follow a work schedule can be difficult when you’re working from home. You might switch on the television to take a 10-minute break and before you know it, half the day has gone by. WFH can be isolating. An American survey showed that this is an issue with about 1 in 3 people. 

Motivating Community

Source: PewResearch

Coworking in Gurgaon at The Office Pass (TOP) offers a solution. Here, professionals are not working alone. Instead, every member is a part of the coworking community. Surrounding yourself with goal-driven professionals pushes you to stay focussed on your tasks and not give in to distractions.  

When obstacles appear that would otherwise have left you dejected, you can brainstorm solutions with other coworkers. What’s more, while you may be tempted to work from your bedroom in pajamas at home, when you go to a coworking space, you’re pushed to dress properly, sit at a desk, follow a schedule, and so on. In these ways, coworking spaces keep their members motivated and, on the path to reaching their goals. 

5. Accessible Locations

Location is one of the key factors to be considered when looking at office space in Gurgaon. The Office Pass (TOP) has 10 coworking bases in Gurgaon. Depending on where your home is, you can choose between coworking spaces in Sector 39 (near HUDA City Center), Sector 48, Sohna Road, Cybercity, Golf Course Road (Paras Downtown Centre and Vatika Towers) or Sector 74 in New Gurgaon. Each of these coworking spaces is located close to the main roads and metro stops to minimize your commute. Public transport is easily available and if you choose to drive your own vehicle, sufficient parking is available too. 

In Conclusion

Like anything else, WFH has its advantages and disadvantages. Companies that have experienced the advantages aren’t all keen on getting back to the way things were a few years ago. WFNH is a win-win for employers and employees. 

Coworking operator like The Office Pass (TOP) help balance productivity with the comfort of working from near your home. For employees and freelancers, it offers an environment conducive to work and access to office infrastructure. 

For employers, it is a way to control costs while ensuring that employees have a professional space to work from. To know more and find a coworking space close to you, reach out to us at 08999 828282.

BOOK A COWORKING TOUR