{"id":3831,"date":"2021-03-03T09:53:40","date_gmt":"2021-03-03T09:53:40","guid":{"rendered":"http:\/\/wavumbuzi.africa\/rwanda\/?p=3831"},"modified":"2021-03-03T09:53:40","modified_gmt":"2021-03-03T09:53:40","slug":"three-entrepreneurship-lessons-by-abhinav-gautam","status":"publish","type":"post","link":"https:\/\/wavumbuzi.africa\/rwanda\/three-entrepreneurship-lessons-by-abhinav-gautam\/2021\/03\/03\/","title":{"rendered":"Three Entrepreneurship Lessons by Abhinav Gautam"},"content":{"rendered":"<div  class='avia-image-container  av-styling-    avia-builder-el-0  el_before_av_one_full  avia-builder-el-first  avia-align-left '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-3730 avia-img-lazy-loading-not-3730 avia_image' src=\"https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-1030x184.png\" alt='' title='9' height=\"184\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-1030x184.png 1030w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-300x53.png 300w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-768x137.png 768w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-1536x274.png 1536w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-1500x267.png 1500w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1-705x126.png 705w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/02\/9-1.png 1823w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div>\n<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-1  el_after_av_image  el_before_av_two_third  \" style='border-radius:0px; '><p><div  style='height:20px' class='hr hr-invisible   avia-builder-el-2  el_before_av_textblock  avia-builder-el-first '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><h3><span style=\"color: #800000;\">Three Entrepreneurship Lessons by Abhinav Gautam<\/span><\/h3>\n<\/div><\/section><\/p><\/div><div class=\"flex_column av_two_third  flex_column_div av-zero-column-padding first  avia-builder-el-4  el_after_av_one_full  el_before_av_one_fourth  column-top-margin\" style='border-radius:0px; '><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><h4><span style=\"color: #800000;\">Abhinav Gautam<\/span><\/h4>\n<p><a href=\"https:\/\/www.linkedin.com\/in\/abhinavkgautam\/\">Abhinav Krishna Gautam<\/a> is the CEO and Director at <a href=\"https:\/\/www.linkedin.com\/company\/freshboxrw\/\">FreshBox Rwanda Ltd<\/a>, an AgTech &amp; AgroLogistics company building solutions to solve the most pressing global Agriculture challenges. They focus on cold chain solutions to reduce post-harvest loss and increase value across the produce supply chain. Abhinav is an entrepreneur and a startup mentor, proudly building and growing startups in Africa &amp; Asia. He believes that the key to success is to listen to others while being empathetic.<\/p>\n<\/div><\/section><\/div><div class=\"flex_column av_one_fourth  flex_column_div av-zero-column-padding   avia-builder-el-6  el_after_av_two_third  el_before_av_textblock  column-top-margin\" style='border-radius:0px; '><div  class='avia-image-container  av-styling-    avia-builder-el-7  avia-builder-el-no-sibling  avia-align-center '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-3834 avia-img-lazy-loading-not-3834 avia_image' src=\"https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam.jpg\" alt='' title='Abhinav Gautam' height=\"750\" width=\"750\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam.jpg 750w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam-300x300.jpg 300w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam-80x80.jpg 80w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam-36x36.jpg 36w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam-180x180.jpg 180w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2021\/03\/Abhinav-Gautam-705x705.jpg 705w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/div><\/div><\/div><\/div><section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><h4><span style=\"color: #800000;\">Abhinav has kindly shared his Top 3 Entrepreneurship lessons with us in order to inspire our youth.<\/span><\/h4>\n<p><strong>FAIL GRACEFULLY<\/strong><br \/>\nEntrepreneurship is hard. And in the journey, there are both ups and downs. Failing is inevitable. Success does come, but often with failures along the way. So, learn how to fail gracefully.<\/p>\n<p>Failures strike all the time in your startup&#8217;s and your personal entrepreneurial journeys. Though they can be heart-crushing, embrace them and use them as stepping stones to success. This means recognizing, reflecting, and accepting failures. Set small short-term goals with well-defined metrics that allow you to judge how your startup is performing. If you accomplish a goal, celebrate the success and move to the next one. If not, then accept the shortcomings and recognize what went wrong. Were the time expectations set incorrectly? Was what success looks like not communicated to your team or to yourself? Did you put in enough hard work and time? Reflect on why things failed and what went wrong. Evaluate how you can fix that and reaadjust the course for success. Try the same goal again, or pivot as needed.<\/p>\n<p>Embrace your failures and own your mistakes. No one is perfect, and that\u2019s what makes you unique. Having goals and working hard on them is important, but failing to meet some goals only allow you to tackle your next ones better and with agility. Failures are a key part of your entrepreneurship journey, and critical to both your and your startup\u2019s growth.<\/p>\n<p><strong>LISTEN<\/strong><br \/>\nOne common reason why failure occurs in entrepreneurship is that we don&#8217;t listen enough. Entrepreneurs think out of the box and work passionately to solve a problem with a solution that often changes the business landscape. However, this often puts entrepreneurs in a closed mindset, especially early on in their startup journey, where they are focused on making their original idea succeed.<\/p>\n<p>This often leads to failure, because the real customer pain-point is never identified and the solution for it is never validated. Entrepreneurs learn of their failures or identify them too late, and don&#8217;t pivot their startup as needed. They build and build, and when their product (or service) launches, it often does not lead to sales or expected growth. A startup is not a business if customers don\u2019t pay you for your product. These failures happen because startups often don&#8217;t talk to their potential customers early on and sometimes launch products without ever talking to them.<\/p>\n<p>Go out and talk to 100 potential customers before you work on your solution. Build customer personas from day one and adjust them as your startup and solution evolves. Use the personas to design your product around your customer. Build something that you know they will pay for, not something that you believe they will pay for. Once you have launched, gather testimonials to get feedback on your product to learn further about your customer behaviour, to grow your sales, and pivot as needed. A startup is only a business when you know what your customers want and they are willing to pay for your product.<\/p>\n<p>Being in a closed mindset is not only limited to startups. Founders often get stuck in their own growth mindset. Having the right team is the key to a successful startup. As you build and expand your amazing team, don&#8217;t forget to listen to them. This doesn&#8217;t mean just get feedback from co-founders and the executive members. Build processes to allow internal company feedback and hear from your sales, customer support, and various teams to gain insights about your product and customers.<\/p>\n<p>Most importantly listen to yourself. Feedback from customers is important and team feedback is crucial. Be always curious and be open to hearing from anyone. Advisors, investors, and just about anybody else will give you &#8220;advice&#8221; and &#8220;what to do&#8221; for your business. This all is valuable and should be evaluated, but at the end of the day you know what\u2019s best. Trust your gut, and use external feedback to adjust and supplement your decisions.<\/p>\n<p><strong>CARE FOR YOURSELF<\/strong><br \/>\nListening to your customers, team, and yourself is key to avoid failures. However, nobody knows the complete story behind your and your startup\u2019s entrepreneurship journey. The journey of entrepreneurship is exciting, fun, and tremendously rewarding. But it is often a lonely, high-stress journey that comes with significant challenges and failures. The challenges take a heavy toll on your mental health by resulting in burnout and leading you to question your decisions. However, simple techniques can help counter them.<\/p>\n<p>Value your time. There are limited things you can do in a day. Being an entrepreneur often requires handling all aspects of your startup. As you grow your startup and team, delegate and give responsibilities to your team members. Decide what requires your inputs the most, prioritize tasks, and focus on doing what you love.<\/p>\n<p>Hang out with other entrepreneurs outside of your work. Be open and emotionally vulnerable with them. They are likely facing the same startup and personal challenges as yourself, so listen to what they recommend and return the favour by helping them out as well.<\/p>\n<p>Take time to relax. Running a startup is a 24\/7 job, and it will always be on your mind. But from time to time, do something that lets your brain rest and recharge. Use that replenished energy, get back to work, and put a fresh perspective on the problems your startup is facing.<\/p>\n<p>Don&#8217;t forget your passion. It&#8217;s okay to fail and start again. That&#8217;s how you get better and become a better entrepreneur. Trust your gut, you know what&#8217;s best for you and your business.<\/p>\n<p>Entrepreneurship is hard. Fail gracefully, listen, and care for yourself. Don&#8217;t<br \/>\nforget to celebrate your wins (especially the small ones) in the journey,<br \/>\ndream big, and have fun!<\/p>\n<p>This article was originally published at:<br \/>\n<a href=\"https:\/\/bit.ly\/GGarage-MyThreeEntrepreneurshipLessons\">https:\/\/bit.ly\/GGarage-MyThreeEntrepreneurshipLessons<\/a><\/p>\n<\/div><\/section><\/p>\n<div  class='avia-image-container  av-styling-    avia-builder-el-9  el_after_av_textblock  el_before_av_hr  avia-align-left '  itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"  ><div class='avia-image-container-inner'><div class='avia-image-overlay-wrap'><img decoding=\"async\" class='wp-image-2070 avia-img-lazy-loading-not-2070 avia_image' src=\"https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer-1030x186.png\" alt='' title='Blog_Footer' height=\"186\" width=\"1030\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer-1030x186.png 1030w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer-300x54.png 300w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer-768x139.png 768w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer-705x127.png 705w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer-450x81.png 450w, https:\/\/wavumbuzi.africa\/rwanda\/wp-content\/uploads\/2019\/04\/Blog_Footer.png 1430w\" sizes=\"(max-width: 1030px) 100vw, 1030px\" \/><\/div><\/div><\/div>\n<div  style='height:50px' class='hr hr-invisible   avia-builder-el-10  el_after_av_image  el_before_av_four_fifth '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div>\n<div class=\"flex_column av_four_fifth  flex_column_div av-zero-column-padding first  avia-builder-el-11  el_after_av_hr  avia-builder-el-last  \" style='border-radius:0px; '><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":3836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wavumbuzi Entrepreneurship Challenge for Secondary School Learners in Rwanda<\/title>\n<meta name=\"description\" content=\"These winners have poured every ounce of their blood, sweat, and tears into this year\u2019s competition and we are delighted to celebrate such exceptional people.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wavumbuzi.africa\/rwanda\/three-entrepreneurship-lessons-by-abhinav-gautam\/2021\/03\/03\/\" \/>\n<meta property=\"og:locale\" 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