Why would you ever want this?

# (Note:  A question was asked by one of the readers while discussing about ""How Can We Safeguard Start-ups from Failure" (10,000 views, link& video at the end)  and the question ironically was "Why would you ever want this" ? "Why to safeguard"?  Here is my take on this critical and important question) #

While the entrepreneurs with high energy and full of life are daring to take risks, I think it is also our duty to correctly guide them from own experiences so that they are able to minimize the risks to the extent possible.

I have been, more and more in touch with the #startups since the time we started operating as bvprgjconsultants about five years back. And in this journey one of the main aspects of our work is helping small and medim enterprises(SMEs) manufacturing engineering products(for construction etc) and operating in the #startup ecosystem.

Prior to that I have worked for close to 21+ years in various roles in different geographical regions and verticals.I have been lucky enough to interact with many such startups even back then during my earlier period of those 21+ years in the industry as a regular employee.

I have always been fascinated with the ideas and values these start-ups bring with them. Always enjoyed talking to them and liked them for their infectious enthusiasm and never say die spirit. This is something to learn for everyone.

So it was a natural process for me to start interacting with more and more such entities since the time we started this operation of bvprgjconsultants.

While I continue to support them wholeheartedly I have also seen unfortunately some burnouts due to misfortune and lack of support by the experienced hands. 

Sad that they could have been steered clear of the risky areas if someone would have guided them.

I remember requesting one of the very young graduates(Founder of a #startup) who was very aggressively going about establishing business without putting in place the proper "mechanisam".Without all that in place he was very aggressively(and eagerly) getting into execution and was working backwards to fullfil the requirements as it comes.I had tough time convincing him to go in a planned manner. Making him work towards putting in position the required "mechanisam" was not an easy task .

I am glad that eventually he listened and agreed to go "that manner" causing a lot of relief!

It is a pleasure to watch the very young #startup owners/founders grow in that manner rather than witnessing them getting into trouble.

Also! a pain to see sometimes such brilliant minds getting nowhere and getting out "hurt" without being able to fulfill their objectives positively ending up losing precious resources apart from the time invested in the whole process. 

The agony that would result for each and everyone associated with such a great thought process when the very execution of the same fails is something unimaginable.

Thanks for reading..You may like to watch this short video below .Please also find also the link below for the article "How Can We Safeguard Start-ups from Failure"?

Disclaimer & Info: Any issues with any or all content used in this post, should be directed to the author.(Images from google images).Text Copyright © 2017 by Prakashan B.V (BVPRGJCONSULTANTS) — All Rights Reserved. Our work is based on the philosophy that whatever we do should also be meaningful and adding value to not just the industry but to the society as well. # @bvprgjconsultants.com we take up several activities.Happy to assist you to take your business to the next level:Write to us : managementconsultants@bvprgj.com