Anything and everything that you can make use of for your or others benefit is the ‘resource’ you have. Not that everyone can make use of the resources around him. It needs special eye, aptitude, knowledge and power combined with vision. Those who make use of the resources around them succeed for they are smart enough to grasp and find a way.
You can find a way out in most of the dangerous situations if you have resources, if you know and tackle it or in other wards if you are aware of it. Escape from fire from a cinema theatre if you are sure of the exit, escape from a train if you know the emergency door. So I have it here to know your resources. To remind or make you remember the resources of an entrepreneur.
Primitive people made use of their resources just for their survival. For living they took the shelter of rocks. They had no houses better than that. To subside hunger they caught animals and birds with the resources they had, the bows and arrows method – the stone throwing or trapping method. They made fire by rubbing stones for they found it comfortable and nice to eat the meat roasted in fire. They made use of whatever available in the nature. They took challenges to survive in between animals that were dangerous and cruel. They found fish as their fine dish and went into sea to catch fish knowing or not knowing the whales can kill them. They made use of the resources to the extend possible and in the process man got refined to better and better amenities and facilities. The natural resources like the sea, forest, under and over the earth materials all are in constant tapping by human as their reserve resources. Some of the resources get depleted and some of the resources are newly found. There is no dearth of resources for human beings born on this earth.
Your success or failure depends on how you make use of your resources. A farmer is the best trained person who makes use of his natural instincts for his better living and comfort. His contribution to society is the highest for sustaining life. Living without life is of no use for one.
Entrepreneurs make use of the resources around them most beneficially to turn it around to make it beneficial for him and others. Imagine a situation with no resources! It would be just like you live without air. You can’t read, you can’t write, you can’t hear, you don’t have anything to share, you have no relation, you just cannot live without resources.
The backbone of every industrial enterprise is the resources around him waiting to be made use of. It is the most critical ingredient for the growth and functionality of an entrepreneur. How best can one make use of them is marked on the scale of his efficiency graph.
Business is developed when a material available in one place is dearer to people in another area. For business people it is the raw material they buy as their resource. For an industrialist, it is the starting point of their end product. There can be no end without starting.
Scarce raw materials are valued much more than the raw materials that are available in plenty. An entrepreneur who is willing to take up challenges and who has determination and will power as his main strength and has great passion in the scarce raw material opts that raw material as his base. The precious metals like gold and petroleum are all mined and controlled by Government but government cannot do everything all alone. Adventures people join in any of the processing or producing part of it for making use of such resources.
The less adventurous people settle for generally available resources where there are no restrictions except that government controls them with a tax . There are still so many other things that neither the government nor the public has not yet put their hand on. Do you think of doing a business with an uncommon raw material or common one? Spend your time and skill in finding out the best resources – the raw material resource.
Now, is your raw material available close to you or is it far off? How will you get them to the place you need? Use the resource of infrastructure. Use the human resources. Use the most modern or the primitive methods to bring it to the place you need. The cost of raw material is as important as the quality. Remember you are controlled by the stupendous guards of quality and cost dictated by the monster of time. If you don’t get your raw materials at the time you need your project may fail. Time is one of the resources which we have in plenty but never retrieved.
Recently I was talking to a friend of mine in the building industry and we were taking on the greatest resource of the construction industry in UAE, the manpower resource. Owning more than a thousand workers, he was of opinion that though thousands of people ready to come and work for less from different countries, the most that he likes are from India and Bangladesh for they are ready to take up challenges, are skilled, are disciplined, are able to stand the test of the time. Is your resource – human resource- that you can trust? Will they stand your quality? It is not the low cost of labour it is the quality of labour that matters often in choosing and grading for the purpose you need. There is no point in getting a high quality labour when you don’t need that quality. Why pay more when you can pay less? Find your resource, your human resource that fits your purpose best.
Are your infrastructure good enough for your requirement of taking out or bringing in the materials and people? Can people come and see you? Are you properly placed? For want of infrastructure, many industries suffer quite a lot. Here comes your choice of the place of business. Right selection of your resource I would say is the location. A location to have all the resources might be a good selection when you make a decision to start a venture.
The greatest ever suffer for an industry would be the non availability of power and water. No industry can survive without good quality water for human use and industrial use. Some industries need a large quantity of water. Water is a natural resource but in country like the United Arab Emirates the industrial water and the potable water all are human made. It is the desalinated water that comes for human use. It is the sea water from which salt is removed mechanically that come for the use.
The electricity is the prime mover of an industry and abundant and uninterrupted power supply support the growth of your venture. If you are too much dependent on this the cheapest and quality service on the utility is of great importance.
Your vision should be clear.
Where you want to go? What quality of venture are you going to have? The more you are clear of your goal the smoother you will go.
Where can you find your resources for your vision?
It is the knowledge that will give you vision. It is the experience that will give you vision. It is the intuition that will give clarity in your vision.
The vision is clear only when you are not confused. If you are without foundation, you might be blurred in your vision. No one can be perfect when you start. It is when you make experience out of exposure you become cleansed. It is when you get cleansed, you become nearer to perfection.
You can decide the way you want to make use of your life. But don’t think that you will have a smooth sail. There can be winds, tornado and hurricane on the way. Only because you are a good driver doesn’t mean you can be out of danger for the other drivers may just be learning and can make accidents with your well driven vehicle.
Coaching: Take you to success faster.