Entrepreneurship

Ankit Ajmani | Founder | Skymark PromoPrints

What is Entrepreneurship?

A Career in Entrepreneurship is very interesting. Understanding Why one wants to choose a Career in Entrepreneurship is phenomenally more important than figuring out How to get into Entrepreneurship. It is best to learn about Entrepreneurship from a real professional, this is akin to getting it from the horse's mouth.

Founder Ankit Ajmani invested 10 years & 5 months in Entrepreneurship. Founder Ankit Ajmani describes Entrepreneurship as:

Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs.

How Founder Ankit Ajmani got into Entrepreneurship?

After completing my education, I started my own company called Skymark PromoPrints that deals in corporate gifts. For over 10 years, I have been successfully helping clients ensure that their corporate brand is accurately printed across a wide range of Marketing and Communications collateral. My expertise Include - Advising customers regarding their requests and proposing solutions to enquiries taking into account their requirements, Merchandise branding to suit every price and every occasion, Products design, development and fabrication, Worldwide sourcing of any product for corporate and retail customers and Product selection and procurement.

Founder Ankit Ajmani's Talk on Entrepreneurship

The Journey of an Entrepreneur: Ankit Ajmani's Insights on Creating a Successful Business Entrepreneurship has long fascinated individuals as a path to innovation, independence, and success. In this article, we explore the journey of Ankit Ajmani, a seasoned entrepreneur and the founder of Skymark Promo Prints, a corporate gifting company. Ankit shares his experience in the world of entrepreneurship, detailing the educational background and skills essential for success, as well as the daily routines, positives, and challenges he faces. Join us as we delve into the intricate world of entrepreneurship with Ankit's expert insights guiding us through. What Is Entrepreneurship? Entrepreneurship embodies the spirit of taking risks and embarking on an independent journey to bring ideas to life. It requires a profound passion for one’s product or service, allowing individuals to forge paths that traditional employment cannot offer. For Ankit, entrepreneurship revolves around creatively helping clients promote their brands through thoughtful corporate gifts. His understanding of the market's demands and his commitment to meeting client needs illustrate the essence of being an entrepreneur, which involves not only carrying out a business idea but also navigating the complexities of client relationships and market trends. Education Knowledge About the Field A foundational aspect of entrepreneurship is possessing deep knowledge about the field in which one operates. Ankit emphasizes that understanding the product, whether it be a physical item or a service, is critical to successfully marketing it to customers. This knowledge allows an entrepreneur to source or manufacture the best possible offerings, ensuring they meet client expectations and remain competitive within the market. Marketing Marketing stands as a cornerstone in the success of any business. Ankit highlights that the ability to effectively market products or services can make or break an enterprise. Entrepreneurs must grasp how their offerings solve problems for their target audience, ensuring they present solutions that resonate with potential clients. By fostering a strong understanding of marketing strategies, entrepreneurs can tailor their messages and create impactful promotional campaigns that lead to business growth. Accounting Basic knowledge of accounting is another essential educational component for entrepreneurs. Ankit stresses the importance of understanding balance sheets and financial statements, asserting that this knowledge allows entrepreneurs to keep track of their business's financial health. Being financially literate equips business owners with the tools they need to make informed decisions, manage expenses, and pursue growth opportunities in a sustainable manner. Economics A solid grasp of economic principles, such as supply and demand, is vital for entrepreneurs. Ankit asserts that understanding these concepts enables entrepreneurs to suggest relevant products to customers based on market availability and needs. Mastering the basics of economics empowers entrepreneurs to make strategic choices that align with market trends, driving business innovation. Skills Creativity Creativity is an indispensable skill for entrepreneurs. Ankit reflects on his natural creative abilities, which have been essential in suggesting innovative solutions to clients. He believes that this innate skill—often not taught in formal education—plays a crucial role in distinguishing a successful entrepreneur in a competitive landscape. Creative thinking fosters innovation and encourages the exploration of new ideas, making it a vital component of entrepreneurship. Eye for Detail An acute attention to detail is paramount in Ankit's line of work. In the corporate gifting industry, he emphasizes the importance of ensuring that every aspect, from logo placement to color accuracy, meets the client's specifications. This meticulous approach builds trust and satisfaction among clients, contributing to the overall success of the business. Communication Effective communication is key to cultivating strong client relationships. Ankit notes the necessity of maintaining open lines of communication with clients, from follow-ups on deliveries to transparency regarding any unforeseen issues. By establishing a robust communication standard, entrepreneurs can foster better relationships, leading to repeat business and long-term partnerships. Customer Relations Building and maintaining positive customer relationships is a critical skill for entrepreneurs. Ankit highlights that understanding clients' needs and developing customized solutions can lead to repeat orders. By nurturing these relationships and communicating effectively, entrepreneurs can create lasting connections that enhance their business growth. Social Media In today's digital landscape, a strong social media presence is vital for entrepreneurs. Ankit underscores the importance of being active on platforms like LinkedIn to showcase ideas and promote offerings. A strategic social media approach not only helps in reaching new clients but also establishes credibility and expertise within the industry. Time Management As entrepreneurs juggle numerous responsibilities, effective time management becomes essential. Ankit discusses the importance of prioritizing tasks and managing time efficiently to ensure all aspects of the business run smoothly. By balancing responsibilities such as marketing, accounting, and client relations, entrepreneurs can maintain control over their operations while driving progress. Positives You are Your Own Boss One of the most appealing aspects of entrepreneurship is the autonomy it provides. Ankit revels in the freedom of being his own boss and managing his time according to his priorities. This flexibility allows him to create a work-life balance that suits his lifestyle, making entrepreneurship a rewarding venture despite its challenges. Delegation Power Entrepreneurship also provides the opportunity to delegate responsibilities. Ankit mentions how, even though he is deeply involved in many aspects of his business, he can still authorize staff members to handle particular tasks. Delegation not only helps in managing workload but also empowers employees, making the business more efficient. Interesting Profession Ankit finds that the dynamic nature of entrepreneurship keeps his work engaging. Every day presents new challenges and opportunities to interact with different clients, make new connections, and develop innovative solutions. This variety ensures that no two days are the same, fostering a continual spirit of creativity and discovery. Work Life Balance Successfully running a business can offer a better work-life balance. Ankit appreciates the ability to plan personal activities around business obligations, unlike in traditional employment. This flexibility allows him to structure his day in a way that accommodates both his professional and personal life, a benefit he values greatly. Challenges Finance Financial hurdles are one of the primary challenges entrepreneurs face. Ankit expresses the constant pressure to secure funding and manage cash flow to sustain and grow his business. The need for financial resources can be taxing, creating a relentless pursuit of new opportunities and investments to keep the business afloat. Uncertainty The inherent uncertainty of entrepreneurship can be daunting. Ankit discusses the lack of guaranteed income and the necessity of continually seeking new clients and business opportunities. This unpredictability requires resilience and tenacity, as entrepreneurs must consistently adapt to changing market conditions and customer demands. Time Constraint Time constraints are another significant challenge for entrepreneurs. Ankit shares how his days are filled with back-to-back meetings, project management, and various tasks that demand attention. Balancing these responsibilities can be overwhelming, yet this constant busyness is often what fuels an entrepreneur’s passion for their work. A Day Of Entrepreneurship A typical day for Ankit Ajmani begins with organizing deliveries for his corporate gifting business. He prioritizes timely delivery to ensure client satisfaction and maintains communication with his team to delegate responsibilities effectively. Following delivery coordination, he spends time managing emails, responding to clients, and sending out quotations to vendors, which can consume a couple of hours each morning. By mid-morning, Ankit shifts gears to strategy sessions with clients, showcasing new product samples and discussing their needs. These meetings often run until mid-afternoon, after which he returns to the office to review progress on delegated tasks. Throughout his day, Ankit stays engaged with his team and addresses any issues that arise, ensuring everything goes according to plan. As the day concludes, he checks on deliveries one final time, confirming that clients are satisfied with their products, highlighting the hands-on, dynamic nature of his entrepreneurial journey. In conclusion, Ankit Ajmani's story exemplifies the entrepreneurial spirit—adaptable, creative, and deeply engaged with both the market and his clients. The insights he shares regarding education, skills, daily routines, positives, and challenges provide a compelling glimpse into what it takes to thrive as an entrepreneur. As Ankit continues to drive his business forward, his experience underscores the valuable impact that entrepreneurship can have on individuals and communities alike.

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How to get into

Entrepreneurship?

If you are want to get into Entrepreneurship, start by investing in a Career Plan.

The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Entrepreneurship is merely an infatuation or is it truly something you wish to do for the rest of your life.

Next, your Career Advisor will help you document how you can get into Entrepreneurship, what education and skills you need to succeed in Entrepreneurship, and what positives and challenges you will face in Entrepreneurship.

Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Entrepreneurship.

LifePage Career Plan

14 hour personalized guidance program

Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.

Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.

LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.

Links for this Talk

Founder Ankit Ajmani's LifePage:

[LifePage]
https://www.lifepage.in/page/ankitajmani

LifePage Career Talk on Entrepreneurship

[Career]
https://www.lifepage.in/careers/entrepreneurship-26

[Full Talk]
https://lifepage.app.link/20180803-0001

[Trailer]
https://www.youtube.com/watch?v=icCqxLiJ4_o

(Entrepreneurship, Ankit Ajmani, Skymark Promo Prints, Founder, Business, Marketing, Brand Promotion, Gifts, Online Business, Startup, Business Idea, New Idea, Gift Company)

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