Siddharth Mahajan: Carving the success trail with perfectionism
UK based Indian entrepreneur Siddharth Mahajan pursued his dreams that led him to London and rendered him successful in the hospitality arena. With a bachelor’s degree in Hotel Management and work experience with some of the finest entities of the industry, Mahajan today is a seasoned player and has taken his housing venture to great heights of success in an impressively short period of time. He attributes his achievements to the following elements and thought processes
Create something of real value
It’s the cornerstone of success. Hands down, it’s crucial if you’re looking to win. So why is value so important you ask?
While some people might be able to sell anything, that doesn’t guarantee long-term success. If you put your own needs first before the consumer’s, you’ll lose. Understand that whatever you sell, manufacture, create or dream up, do it with the consumer’s best interests at heart. In other words, add insane amounts of value.
Improve the lives of others
Not only should you deliver real value, but you should look for ways that you can improve the lives of others with whatever it is that you’re peddling. Sure, you could sell anything to anyone for a brief period. But, if you’re not improving the lives of consumers, you’re wasting your time.
By building products, services, or information that improves the lives of others, you can quite literally transform your business and catapult it into the stratosphere. We’re talking long-term exponential growth. That doesn’t mean you can’t profit from your efforts. It simply means that you have to focus on improving the consumer’s life first and foremost. That’s the key or the secret to success here. Focus on that and watch as your business takes shape and reaches new heights.
Reinvent your business
It is net profit, not gross revenue that you want to focus on. Separate yourself from your history and create a new competitive advantage, be it a focused niche or super service, but not by discounting.
Above all, have fun. Being an entrepreneur is your choice, so make it work. It can be done. You can survive, emerge, and succeed in this downsized economy if you follow the right path.
Focus on positivity
While you shouldn’t look to please everyone all the time, you should focus your thoughts on positivity. In other words, ward off the negativity. Yes, it’s hard. But, it’s necessary. If you begin to veer off to the realm of negativity, your entire life follows.
Considering that we have upwards of 60,000 thoughts per day and a large degree of those happen in the subconscious mind, if you don’t focus your thoughts on positivity, you’ll feel like you aren’t in control. You won’t be in control of your destiny. And you certainly won’t be able to make sales when you’re in that headspace.
It’s one of the most important pieces of advice to entrepreneurs. You simply can’t make progress if you’re always focusing on pain rather than the pleasure of a positive outcome. Sure, business is hard. We all know that. But, it gets easier with time as long as you put in the work and keep a positive mindset.
Grow As A Leader
Once you harness your fears and make the leap to starting a business, you’ve already begun the journey of becoming a leader. Your ultimate success will have a lot to do with how you help others find their own. Many of us hold successful entrepreneurs on a pedestal much like football fans hold a star quarterback or wide receiver in high regard. However, there’s always a team that these individuals lead that ultimately escorts them to success. You must learn how to be a leader on some kind of level in order to motivate others to join you in your venture, believe in what you preach, or give you money for a product or service that you offer.
Siddharth Mahajan believes, “Just because you need to possess leadership qualities does not mean that everybody successful in business has to be the CEO, face of the company, or person in charge. The ability to lead a team or lead the masses can sometimes come down to just having the right charisma and message to get the right people to do the things that need to be done in order for the entire thing to just work. A great soldier may be good at leading troops on the field, but not managing the entire war. An amazing product designer may also be a lousy salesperson. But a great leader will discover what they do best and where their weakness lies, and know who to put where in order to ensure that their company is one that achieves real success.”