Dr. Praveen Tiwari
If one wants to pursue journalism then the first and initial step is to teach about 5W’s 1H. But as per Dr. Praveen Tiwari, these basic questions are equally beneficial for resolving your confusions and indecisiveness for starting a new business or startup. Asking the right question and getting the desired answer, is the key of thinking clearly and wisely. You must be wondering what is 5W 1H- Why, Where, When, What, Who and How? In startup thinking these would come in the form of following questions.
- Why a new business or startup?
- When should I start?
- Who will be my teammates?
- Where will I get the funding?
- What are the challenges I’m going to face?
- How to overcome it?
Why a new business or startup?
When a person begins with the task he gets encircle with the doubts and confusion in fact, this conflict unfolds at almost every level of life.
“Those who want to make their own separate identity in life believe in attempts, and at this point, you start realizing, why you should start your own business? Being passionate about making great money and want to own a brand is the basic desire for all the aspiring startups.” –Dr. Praveen Tiwari
- When should I start?
The human being never stops thinking that when is the right time to begin with the task? Obviously, you’ll start from your current position. How can I leave my current job or work? Will, it be a success or not? What if it’s a failure? etc. One should analyze his or her current status and ask themselves, am I dissatisfied with my current situation and if yes then why?
“Always remember that for your happiness, you are the sole responsible. Nobody else, except you, can change your situation. Your experience with a particular business, your hold in the market, your expertise, your personality, your age etc. are important to analyze before choosing the right business. Most common way to choose the right business, is to, do the same thing which you already know or others are doing successfully, as you can learn it from them. But best way is to come up with an innovative style as market always intends to welcome innovative idea.” –Dr. Praveen Tiwari
