Tips for Improving Entrepreneurial Motivation

Entrepreneurial Motivation pic
Entrepreneurial Motivation
Image: entrepreneur.com

An experienced entrepreneur who has achieved success through his work with Lakeshore Engineering Services in Detroit, Avinash Rachmale has led the company since its foundation in 1994. Avinash Rachmale has needed to stay motivated to achieve his goals throughout his career. Here are some motivational tips for budding entrepreneurs.

Find what drives you. According to an infographic created by Startup Bros, an entrepreneurial advice website, the four key motivators for most entrepreneurs include 1) owning their own business, 2) joining the startup culture, 3) generating wealth, and 4) capitalizing on great ideas. The takeaway from this is that all entrepreneurs must have something that pushes them toward success and should keep this goal in mind.

Develop your knowledge of your industry, competitors, and products. Doing so creates confidence in what you do. Understanding what you already know allows you to figure out what you need to learn, leading to the creation of goals to strive toward.

Avoid overthinking by splitting your larger goals into smaller, more achievable milestones. Doing so helps you circumvent procrastination and assists in your understand of what needs to be accomplished. Further, you receive the reward of constant achievement when setting smaller goals.

Fight Against These Limiting Beliefs and Find Business Success

Avinash Rachmale
Avinash Rachmale

As founder of preeminent construction company Lakeshore Engineering Services, Inc., Chief Executive Officer and President Avinash Rachmale has led the organization since 1994 to immense success, providing jobs in Detroit, Michigan, during the city’s economic downturn, and giving back to the community through the establishment of a nonprofit organization that serves residents of the area. In recognition of his leadership, business prowess, and philanthropic endeavors, Avinash Rachmale has received numerous accolades, including the national 2009 U.S. Small Business Administration Champion Award for Entrepreneurial Success.

There are certain limiting beliefs that should be examined and discarded if one is to have a successful business. According to an article in Entrepreneur magazine number one, believing that there’s only one look and reality of success is a falsity, and can keep someone from pursuing their dreams. Success looks different for each person. For instance, money isn’t always the biggest or sole barometer of success. For some, the impact that the work makes on society and the excitement and purpose that the work gives them defines true achievement.

Secondly, believing that the entire trajectory of one’s path must be known before getting started is another limiting belief. There’s no one particular route to take in life and there’s no way of knowing how that route will play out. It’s okay to change course midstream, depending on the circumstances that arise. Just take one step at a time and make the necessary decisions as they come up. Use one’s personal mission and core values to help guide the direction.

Finally, embrace making mistakes, as the belief that mistakes are bad and to be avoided hinders success. The only way to know what works and what doesn’t work is by trying and likely failing. Look at making mistakes as a means of learning. Mistakes help to reveal how to handle various situations and also develop valuable traits necessary for growth, leadership, and accomplishment, including grace, humility, courage, and persistence.

Avinash Rachmale Honored by Small Business Administration

Avinash Rachmale
Avinash Rachmale

Detroit executive Avinash Rachmale is the president and CEO of Lakeshore TolTest Corporation, a construction company experienced in airfield and infrastructure construction. Avinash Rachmale has been honored by the US Small Business Administration with a National Entrepreneurial Success Award.

Rachmale founded Lakeshore Engineering in 1994, and in 2010 the company would merge with TolTest corporation. Headquartered in an historic building in downtown Detroit, the combined company has a global reach, with some 100 employees located in Detroit and another 200 working in offices worldwide.

Lakeshore TolTest is committed to improving the city’s jobs growth as the firm has taken on an increasing volume of projects. This upward trend in employment has played a part in attracting other businesses to the area. It has also revitalized Detroit by reversing a trend of decaying neighborhoods. In support of this effort, the company created a non-profit operation to provide assistance to low-income areas such as Hamtramck, North End, and Highland Park.