Learn, Unlearn, & Relearn 'Success-oriented Skills' to Rule the Business Market

Financial Management

In the startup ecosystem, financial management is a powerful skill that can make empires or break it even in the initial stages. Understanding the regulations of taxations, cash flow management, and budgeting & forecasting are crucial for entrepreneurs planning to dive into the business. Firstly, they need to develop their financial literacy through analyzing the balance sheets, and profit & loss statements. They should master the art of budgeting and know how to allot the funds strategically across diverse business segments such as marketing, operations, and R&D. They need to research well and be aware of funding rounds, government schemes focused on startups, angel investors, and venture capitalists in the industry. Even learning the basics of financial management will greatly empower the first-generation entrepreneurs to manage their existing resources effectively and gain potential fund attraction from investors.

Critical Thinking & Problem Solving

Universally, startups are unavoidable to face expected as well as unexpected challenges, be it market threatening or product failures. As a strong missioned entrepreneur, the person must be capable to think critically and handle the problems smoothly with creative solutions. Critical thinking includes detecting the challenges in prior and plotting practical solutions, being flexible & adaptive, and ready to articulate business strategies according to the user feedbacks and reviews, taking informed and data-driven decisions to make sure the solutions are efficient and accessible. The main motto of acquiring problem-solving skill is to get the power and potential to overcome the uncertainties of market with utmost confidence.

In order to turn your dreams to reality, ‘Mastering the skills’ is very much essential. Thus, equip yourself with groundbreaking innovations, willpower, and overcome every hurdle as a stepping stone for your entrepreneurial journey

“Rather, how we critically think and collaborate on a topic in any school subject is influenced by what we know about the topic. Simply put, this means that subject knowledge precedes social skills”, - Naveen Mandava, Co-Founder, ClassKlap.