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Ideation. It is the process in which one...
Ideation. It is the process in which one defines what problem he is going to solve, and solidifies his vision to solve the challenges that he will face along the way.
Creation. It is the turning of that figment of imagination into something black and white, into something concrete, into something that aligns with his vision, and this is the basic principle behind Creation.
And now the most important, Execution. It is derived from the word, executionem, in Latin, meaning 'to accomplish.' And truly to successfully 'execute' your idea, is something more than just a sense of accomplishment. It truly is a remarkable feat, if nothing less.
Now, let's go back in time in India, around 60 years.
1955: Ideation, was very difficult, Creation, even more, and let alone execution. Almost a decade into the post-independance era, starting up a business was not really not on anyone's mind, barring a few of course. Taking risks, was frowned upon. We really were into the conservative class of business thinking and most of us stayed away.
1995: The beginning of the decade was rocky. Some people, very few in number, took up risky challenges in the later half of the decade. High rewards awaited those who risked everything, either in the form of wealth, or in the form of boundless experience and knowledge. After all, it's not the destination that matters, it's the journey.
2015: Time's changed. And so did we. Now, 'Being 21, and not being a Founder/CEO?' was frowned upon. Everyone was in the rat race. Every second guy was a Founder. Everyone had an idea, everyone had created everything, and no one was executing anything.
This last decade saw, ease in taxation laws, huge support for startups, Angel Investing, mentorship, and all of them were at an all time high. Since everything was going up, something had to go down. Just to maintain the balance, if nothing else. And something did go down. And that was 'Risk'.
So, what is Risk? Risk, happens to be the most important divide between the entrepreneur, and the non-entrepreneur. It does not, I imply, does not guarantee success or fame, but always guarantees learning and experience. And that should be just as important for all the youngsters out there. Risk, separated the boys from the men. And now with that Line-of-Control erased, all boys became men. This could be called, 'the point of influx of wantrepreneur's into the league of entrepreneur's'. Risk, also happens to be favourite word of wantrepreneur's. For them it is more like a statement of pride, 'We have risked everything'. Sad, but true.
These last 5 years in India, have seen a relatively small increase in Entrepreneurs, compared to the people who've become wantrepreneurs. Huge swaths of people have converted into this new creed with the thought, 'Someday, I'll make it big!'
Little do they realise, that, 'Someday', is nothing but a disease, that will take their dreams to the grave, with them. Wantrepreneur's dream, but they never wake up. Because, dreaming is not the hard part, it's the getting up every day to achieve that dream that makes people entrepreneurs.