As a business coach, I work closely with entrepreneurs, helping them navigate the complexities of building sustainable businesses. Here’s what I’ve found:

1. The Ground Reality

While India ranks third in the world for the number of startups, success is elusive for many. The failure rate remains high—around 70-90% of startups don’t survive beyond five years. A major reason is a lack of alignment between business ideas and market needs. Entrepreneurs often struggle with product-market fit, scaling challenges, and mismanagement. Despite increased access to funding, early-stage ventures, particularly in smaller cities, face difficulties securing capital.

2. Identifying Competency Gaps

Successful entrepreneurship is not just about ideas; it's about the skills behind execution. I work with entrepreneurs to analyze their competency gaps—understanding where they need to improve, whether in strategic thinking, market analysis, or execution. For example, many entrepreneurs struggle to create an organizational structure that truly supports their business ideas, leading to inefficiencies and lost opportunities.

3. Market Understanding and Product Fit

One of the biggest challenges for entrepreneurs is understanding how their product fits into the market. Many jump into building products without a deep understanding into customer needs or industry trends. Through my systematic assessment framework, I help entrepreneurs identify gaps in their understanding of market dynamics and tailor their offerings accordingly.

4. Building a Sustainable Organization

A solid business idea is only the starting point. The real challenge lies in creating an organization that can support that idea over the long term. My coaching focuses on developing frameworks that ensure the business is structured for growth—from talent management to customer retention strategies. Many entrepreneurs overlook the importance of building processes that sustain growth beyond the initial launch phase.

5. Bridging the Gaps

My Entrepreneur Skill Development framework is designed to provide systematic assessments and actionable plans to bridge the gaps entrepreneurs face. By assessing crucial entrepreneurial skills, we develop customized growth strategies and execution plans that ensure the long-term viability of the business. Whether it’s fine-tuning a business model or improving customer retention strategies, we focus on real, actionable changes that drive results.

Conclusion

While entrepreneurship in India is growing rapidly, the path to success is filled with challenges that many overlook. Competency gaps, market misalignment, and execution difficulties are common pitfalls. My goal is to help entrepreneurs not just survive but thrive by offering tailored assessments, coaching, and growth strategies that address these critical challenges.
If you’re an entrepreneur navigating these challenges, let's connect. Together, we can turn your business idea into a sustainable enterprise.

You can explore more about my approach here: Business Coaching

Contact us today to book an appointment.
Email: sriharsha@sarvagnya.in, WhatsApp +91-9866020302 or +91-9577243333.