Being a successful Entrepreneur takes a lot of work, a lot of Vision & a lot of perseverance. These 21 tips, from Entrepreneur who have already found success, will help you navigate the path much more easily.
Topics: Market, Believe, Passion, Fears, Challenge, Risk, Goals, Vision, Action, Customer, Hiring, Team, Complaints, Mistakes, Manage Energy, Raising $$$. Deliver > Expected.
Being a success often means learning from those who have already achieved their goals. Having a Mentor is an amazing blessing to a Entrepreneur, but not everyone can find one in person. If you haven’t yet found your personal advisor, here are 21 tips for aspiring Entrepreneur to help get you started.
1. Understand your Industry/Market. Tony Hsieh, the founder of Zappos, once said, “Don’t play games you don’t understand, even if you see lots of other people succeeding.” Truly understanding your field yourself is key to having success.
2. Believe in Yourself !!! As Henry Ford [Motor Co] famously said, “Whether you think you can, or think you can’t, you’re right.” Believe that you can succeed, and you’ll find ways through different obstacles. If you don’t, you’ll just find excuses.
3. Do what you “care” about – your Passion. There’s no doubt that running an organization take a lot of time. Steve Jobs [Apple] noted that the only way to be satisfied in your life is to do work that you truly believe in.
4. Face your Fears. Over-coming fear isn’t easy, but it must be done. Arianna Huffington [Post (news)] said that she found fearlessness was like a muscle — the more she exercised it, the stronger it became.
5. Challenge yourself. Richard Branson [Virgin Airlines] says his biggest motivation is to keep challenging himself. He treats life like one long university education, where he can learn more every day. You can too !!!
6. Take the Risk. We never know the outcome of our efforts unless we actually do it. Jeff Bezos [Amazon] said it helped to know that he wouldn’t regret failure so much, but he would regret not trying.
7. Plan your Goals. Ryan Allis, co-founder of iContact, pointed out that having the end in mind [Vision] every day, ensures you’re working toward it. Set goals and remind yourself of them each day.
8. Have a Vision. The founder & CEO of Tumblr, David Karp, notes that a Entrepreneur is someone who has a Vision for something and a desire to create it. Focus on your vision at all times.
9. Take Action. The world is full of great ideas, but success only comes through action. Walt Disney once said that the easiest way to get started is to quit talking and start doing. That’s true for your success as well.
10. Get to know your Customer/Client. Dave Thomas, the founder of Wendy’s, cited knowing your customer as one of his three keys to success. Know those you serve better than anyone else, and you’ll be able to deliver the product or services they need.
11. Find good People. Who you’re with is who you become. Reid Hoffman, (co-founder of LinkedIn), noted that the fastest way to change yourself is to hang out with people who are already the way you want to be.
12. Hire Character & Values. as you build your team, hire. You can always train someone on skills, but you can’t make someone’s values fit your company after the fact.
13. Build a great Team. No one succeeds in an organization alone. Those who try will lose to a great team every time. Build your own great team to bolster your success. Inspire them with your Vision.
14. Learn from Complaints. Bill Gates once said that your most unhappy customers are your greatest source of learning. Let unhappy customers teach you where the holes in your service are.
15. Ask your Customers for Input. Assuming what customers want or need will never lead to success. You must ask them directly, and then carefully listen to what they say and implement the most significant.
16. Learn from Mistakes. Entrepreneur like to point to mistakes as being better teachers than doing something right. When you learn from your mistakes, you move closer to success — even though you initially failed.
17. Manage Energy, not Time. Your energy limits what you can do with your time, so manage it wisely. Do your most important work in the morning – when you have the most energy. Take frequent short breaks to re-engergize. If you can, take a nap & you’ll be more productive growafterwards.
18. Spend Wisely. When you spend money on your organization, be careful to spend it wisely. It’s easy to spend too much on foolish things and run out of $$ too soon.
19. Do the Time. No one succeeds immediately, and everyone was once a beginner. As Steve Jobs wisely noted, “If you look closely, most overnight successes took a long time.” Don’t be afraid to invest time in your organization to succeed.
20. Plan for Raising $$$. Richard Harroch, [Venture Capitalist], has this advice for upcoming Entrepreneur: “It’s almost always harder to raise capital than you thought it would be, and it always takes longer. So plan for that.”
21. Deliver more than Expected. Google’s Larry Page encourages Entrepreneur to deliver more than customers expect. It’s a great way to get noticed in your industry and build a loyal following of advocates.
Comments: Share a Success tip that’s worked best for you?
from Entrepreneur.com 12 Nov 16 enhanced by Peter/CXO Wiz4biz