Garg, the founder of Young Engine, stands tall with his inspiring journey that starts with a capital of 500Rs and ends with a company worth a whopping 1 crore. Owing to the importance of the entrepreneurial skills, leadership roles, and the all critical career growth in Garg’s tale, there’s much to learn for every professional out there. Let’s explore the key lessons from his experience that can help you make informed decisions and excel in your professional journey.

1. Choosing the right career paths

Even as a student, Shivansh seemed lost when figuring out the right career path for him. Everything seemed unclear until he got the opportunity to work for Aditya Birla for a month. This internship served as a much needed edge over his peers. The overwhelming desire towards a sales focused career made him realize, along with an independent desk job in actuarial science, that he truly despises the thought of ever pursuing one.

Key Takeaways:

Make sure to put in the required effort, as well as benefit from it.

Chalking out a career path requires insights, that help determine your likes and dislikes for any profession.

2. Outlining qualities of an ideal leader

In his sophomore year of college, Shivansh started to join and engage with different societies and communities. He made distinct friends which changed the hierarchy using a technique he termed friendship; peers were no longer seniors, only friends. This allowed everyone to build connections with each other on a deeper level.

Shivansh acquired aiding other individuals while protecting their self respect, which is a very vital trait of leadership. These benevolent and consultative qualities aided him to enhance his leadership traits.

Key Takeaways:

One can foster leadership qualities by aiding other people.

Inspire others through your actions and let them take a cue from you.

3. Mastering New Important Concepts

Through a multitude of internships, Shivansh perfected his sales talents. In the final year, he participated in a true blue sales only internship. He also discovered the wealth generating possibilities of commissions. According to his mentor, the sales people rank amongst the best paid employees due to their salary being based solely on the sales made.

Shrivansh put in a lot of effort in obtaining this information and began taking action by working on holidays and increasing the deals he closed. His focus on relationship building and networking sharpened his sales acumen.

Key Takeaways:

Have a strong focus on relationship building with your clients and networking with other people.

Proficiency in sales is an invaluable skill in today’s world.

4. Importance Of Effective Entrepreneurship Skills And Their Essence

While preparing him to be an entrepreneur, Shivansh’s mentor was asked what shivansh needed to be successful in life. He mentioned the following four ease of reaching traits that he believed would be the cornerstone of success for shivansh,

Through Passion and Grit: Entrepreneurs need drive for them to succeed and that self motivation and grit starts with them. Alongside perseverance, grit, and passion, success taking 2-4 years to reach is also challenging.

Communicative Skills: Entrepreneurs need to be able to communicate with employees, customers, and investors effectively.

Leadership Qualities: A leader autonomies their entire team toward a common goal and vision. Therefore strong leadership is required to always keep the business on track.

Selling Skills: Employees are as much an investor in a company as any other investor, meaning the illusion has to be sold to them.

Key Takeaways

Apart from selling skills and leadership skills, every entrepreneur requires grit and passion in order to reach the goals.

An entrepreneur will unlock the vision to inspire others once he is able to communicate effectively.

5. Fundraising For Your Business

Shivansh’s thesis pertained to a well established gap in the market, students did not know how to approach their first job. In the try and gain students to respectful companies gap he founded Young Engine (Old name was Unique Engine) where the field of students gained respect in looking for the work.

In order to test the waters, Shivansh and his friends went to colleges and told prospective students that by paying fifty rupees they will be part of the Young Engine Community. In a little over a week, we were able to sell 1200 activity forms, and got seed funding of 120000.

He started collaborating with companies, providing projects to students at no cost under the condition that their efforts would be recognized by the companies. Eventually, through dedication and toiling, Shivansh’s startup started gaining traction.

Key Takeaways:

Look for a problem that needs solving and create a product or service to address it.

Break it down into small steps, validate your concept, and then look for investment to expand your business.

6. Five Competencies to Achieve Success

As stated by Shivansh, in his opinion, there are five competencies that every person should cultivate in order to achieve their goals:

Perseverance: Learn how to develop motivation from within so that you can build your willpower and self-discipline.

Networking: Take an interest in other people and remember their important details, such as their birthdays or hobbies.

Leadership: Motivate and inspire your team to work towards your vision.

Sales: No matter what, selling skills are critical be it a concept, a product or a position.

Helping Others: Building trust and stronger relationships is achieved by genuinely being helpful.

Key Takeaways:

Learn sales, leadership and networking, as well as motivational skills, and the ability to help people.

The above listed competencies are critical in overcoming the challenges of career advancement and business entrepreneurship.

Conclusion

Shivansh Garg’s case teaches us many things about growing our professional life and how to start and build a successful business. His focus on persistence, sales, and helping other people navigate their problems can support success in their career. If you are concentrated in those core areas of focus, you can establish a flourishing career and become an entrepreneur like Shivansh.