Important Aspects Of Business Which Contribute To The Success Of Chitrak Shah

There are hundreds of decisions that a businessman has to take on a daily basis. Many times, these decisions may not work out the way they were supposed to and as a result of this, the business may have to suffer some setbacks or losses, but it is very important that the businessman does not get discouraged by these minor setbacks and keeps his or her focus intact on the ultimate goal. Successful businessman, Mr. Chitrak Shah, who is the managing director for the Shivalik Group, says that on a daily basis he has to take more than 10 important decisions. Some of these decisions turn out to be correct while some of them turn out to be wrong. However, he does not agonize over the wrong decisions, but take them as lessons in business, which eventually help him in moving further towards his desired goals.

Each and every aspect of a business is important and all decisions should be taken on an informed and well thought out manner.

However, there are some areas, which require a little more attention of the management than the others. Some of those aspects of the business have been discussed below:

Loyal Customers

Decisions with regards to customer management should be taken in a well researched and well planned manner. If a company is not able to develop a strong, loyal customer base for itself, it cannot hope to survive in the market for a long time. The success of the Shivalik Group, run by Mr. Chitrak Shah is based hugely on customer loyalty. The company has been able to project itself as an ethical and quality conscious company amongst its buyers, and therefore, almost 70% of its sales today happen through references made by past customers. Hence, managing the image of the company amongst the general public is a very important aspect of running a business and it should not be taken lightly.

New And Innovative Ventures

The competition in every field is very high and hence, in order to stay relevant in the market, it is important for the companies to keep coming out with new and innovative ideas, products and services, which would be able to offer their customers greater convenience and hence, keep their sales high at all times. Before launching any new project, Mr. Chitrak Shah, makes sure that he understands the needs of his clients and accordingly works at coming out with unique architectural solutions which would cater to the needs of his customers, and at the same time, offer them something new which is exciting and attractive for them. These innovative projects are a big reason for his success in the construction business.

Good Business Contacts 

No company can operate in isolation. It needs the support of many other players in the market, and therefore maintaining good relationships with supplier and other business associates is crucial. Mr. Shah is not only the MD of his own company, but he is also     on the advisory board of YMCA Ahmedabad, he is the co-founder of EO-GUJRAT and is a member of AAN, GCCI and FICCI.

Understanding the Hard Work Behind The Rise Of Mr. Chitrak Shah

There are many people who attend good schools and management colleges and learn about the various aspects of running a successful business. However, there are some people who are born to be successful businessmen. These people may or may not attend the top school and colleges, they still manage to identify the best opportunities in the market and make the most of them, in order to run a hugely successful business. Chitrak Shah, the owner and managing director of the Shivalik Group is one such entrepreneur who has born to be a businessman.

Starting At An Early Age

Chitrak Shah was born into a business family, where his father, Mr. Satish Nyalchand Shah, was a successful stock broker. It was at the tender age of 16 years, that Mr. Shah decided that he wanted to join his father’s family business and expand his knowledge base through on the job training. Very soon, his father diversified and entered the real estate market. The company started by his father was named S.N. Developers. Mr. Shah joined this company as a trainee and started to learn about the various aspects and nuances of the construction and architecture business.

Success Demands Hard Work

If you want to be successful in life, no matter which field of work you are a part of, you need to put in a lot of hard work. Without hard work, no one has ever been able to taste success. If you think that you have the required backing of your family and friends, and all the luck in the world, and that would be enough to make you successful, you are highly mistaken. Without putting in the actual hard work from your own side, you would never be successful in life.

Mr. Chitrak Shah is a living example of this fact. He joined his father’s successful construction business at a very young age, and practically had everything served to him on a silver plate. In spite of that, he scorched himself in the sun in order to get hands on experience about the construction work, and it was because of this experience and hard work that he finally managed to take his father’s company to new heights and become a huge name to reckon with in his field of work.

Gradual Rise To Power

You cannot expect success to come to you overnight. The hard work that you put in, needs to continue for a long period of time, before you are able to see positive results coming your way. After completing his training under his father in their construction business, it was not like Mr. Chitrak Shah immediately took over the reins of the company and started taking all the important decisions. Like any other employee or manager in a company, his rise to the top position in the company was gradual.

After having gained ample of knowledge and experience in the field of construction, he started participating in the various decisions making policies and giving his opinions and listening in to the opinions and suggestions of other people. Eventually, he was able to prove himself enough to take over the command of the company and converted the Shivalik Group into a brand name.