In a LinkedIn post, Gurbaksh Chahal, founder, chairman and CEO at Gravity4, Inc. shared some insightful information that could help any entrepreneur.
Some key points from his post that I took away were:
Just remember one rule when it comes to business. 99% of the work is execution, 1% is only the idea. That’s the simple formula to success. Do the work, fight like a tiger, and then you choose to make your own miracles. There are simply no shortcuts in life.
Do thorough research. Make sure your business is legal, profitable and scalable. Get good advice when writing important agreements. Roll up your sleeves and put in the hours. And: You can win big by performing well in an established category.
1% is the mere idea. 99% is the sweat equity of execution you put into it.
That’s the difference between dreamers and winners.