Joennel M. Semilla Ms.

Rowena Garcia
BSA103 The Entrepreneurial Mind

Question: What entrepreneurial habits did Harish Hande exhibit in handling SELCO? Justify
your answers.

Answer:
SELCO company provide solar electricity for lightning and power to the poor people in
India. Harish Hande, the owner of a company, receives numerous acknowledgements and called
as one of the top social entrepreneurs in India because of his innovation that improve the
standard living of India. The reason why Harish Hande became a successful entrepreneur
because of his entrepreneurial habit that exhibit in handling SELCO. The entrepreneurial habits
that Harish Hande exhibit in handling SELCO is: Think win-win, which means that he always
seeks mutual gain in all human relationships, just as he did with the people in India. Harish
Hande does not just consider the riches of his firm, but also how he can aid his people in India.
His purpose is to assist the needy by supplying solar energy, regardless of the financial cost to
his firm. The next habit that he did was the Using fear and anxieties as fuel. All successful
businesses have experienced ups and downs, and they have struggled with losses or failures. This
type of battle was also experienced by SELCO, which resulted in the company's financial ruin.
As a result, investors put pressure on Harish Hande to lay off staff, but he did not panic; instead,
he attempted to resolve their financial loss and seek an alternative chance to recoup his
company's loss. He utilized his difficulties as fuel, and as a result, he was able to find new
investors who shared his vision. Hande maintained his whole sales and service business intact,
including all of its employees. And the last entrepreneurial habit that he did was the Focus on
the causes, not effects, of confidence and success. Harish Hande handled his setback well; he
prefers to focus on the factors that contribute to success, and he is optimistic that his organization
would fulfill its purpose, which he did. Harish Hande's persistence and optimistic attitude helped
him become a successful entrepreneur.