Leaving a successful corporate job for starting an altogether different venture is not easy, but some dream big
Ravi Bhatnagar spent 24 years with a leading media group and resigned as senior VP sales and marketing in 2007 to pursue his dream to become a hotelier.
It was a big leap for Bhatnagar who after about quarter of a century gave up what he knew best and venture into a virtual unknown.
“The initial days were full of chaos and things were not at all easy as hotel business requires huge investments. However, with my sheer dedication and hard work I was able to overcome all hurdles that came up,” he says.
Bhatnagar started with a hotel in Bella Ganj and after a decade now a few hotels.
“There were times when I will look back at days I lived in a power and position in corporate life. And I made that experience as a tool to regain that life again but this time as an entrepreneur. Today, I am proud successful entrepreneur having expanded to a few hotels in India including our latest launch in Goa and have learned many new things that I could have possibly not learnt as an employee.”
So what motivates well established people to jump into different industry in an entirely different role. It is a risky affair and may even backfire. But there are still a handful of professionals who follow their heart.
Motivating factors
Though taking such a decision is not easy for but the motivating factors for them are far more empowering than the fear of failure. Some of the major factors that drive them are the idea of exploring new avenues and ways to overcome new challenges. After years of work experience, they know that money and recognition can be earned with performance. These professionals always look out for more in life and like setting their own goals in life. They have strong influx of will to undertake new challenge and prove their mettle as entrepreneur.
Dealing with the change
Once the professional moves into being an entrepreneur, his journey is a roller-coaster ride. At times, things appear easy for them to handle; at other times, they feel giving up everything. Maintaining a balance between family and business life becomes more difficult than before. Taking a crucial decision in business which has never been his forte may turn out to be profitable or lead to a heavy loss. So every step in being entrepreneur is full of challenges as many things are at stake. However, after initial ups and downs if one is able to maintain momentum and move ahead with strong determination, things become smoother later.
We have many names in the league of people who held jobs before turning into successful entrepreneur like Warren Buffett, Bill Gates and Colonel Harland Sanders. The common thing among all successful entrepreneurs is their never-say-die attitude which makes them stand out among crowd.
The writer is executive coach at The Chrysallis
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