Question

You are planning to start a small business with your friend. A business plan is in place but often your friend raises doubts about the success of that business. How will you handle this situation?
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Answer 1

you can give the examples of many of the entrepreneurs.in every field we can see that or not only in three years only get the success they also get failures and most importantly entrepreneurship teaches you that failure is also a learning process and the peter drucker said the best way to predict the future is to create it this holds true for entrepreneurs entrepreneurship is full of uncertainty but if one except that and is willing to embrace it success is assured..

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Answer 2

When we start planning something new and innovative with someone, there is always a tag of confusion and misappropriation in the mind of the second person. The doubts that arise in your friend's mind regarding the benefits and productiveness of that business may be resolved by mutual talks and discussing the parameters and fundamentals of the business which has been planned. You can handle this confusing and hesitating mindset of your friend by explaining the profits and lesser risks involved in the business.

You can also give examples of those entrepreneurs who are successful in the same field. In establishing a collaborated business, it becomes very important for every member of the business to understand all the parameters properly and resolve all his doubts before engaging with the business. This will make your business more lucrative and will grow faster.

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