Let us begin to understand the basic guidelines of creating organizations with entrepreneur mindsets. It is a known fact that even after using traditional planned strategies the mangers are losing against the fast and growing entrepreneur competitors amidst the new economy, with the ideas that are often overlooked by most and who are confident and well prepared in their approach.

What is to be done in such a scenario when the old school business tools, concepts, and training do not come in handy and there is a requirement of aggressive creation of new and advanced business models? To assure success the strategists of present times are in need of a discipline and a thought process which is the basic requirement of becoming a successful entrepreneur, A strategically well-planned practical frame of thinking as well as acting in the environments that are quick changing, fast paced and with least certainty and surety. What is required is both the need of revitalizing the organization in order to grasp new opportunities as well as to set entrepreneurial guidelines that one can use to modify and develop the areas in which they compete.