The reality of becoming successful entrepreneur is easier if you could follow the path of successful people in business world. Robert Kiyosaki one of successful entrepreneurs emphasis that, to start a journey of entrepreneur it is best to find mentor who had passed through trial and error methods in business. The teaching and advice from someone who is a successful entrepreneur can be a life changer for someone who wants to be a successful entrepreneur.
In this post we’ll be sharing with you 10 brilliant advice from successful entrepreneurs that will help you against don’t of business start up. This will a good inspiration and guidelines to start a business of your dream.
1. Strike out new paths to become successful entrepreneur
If you want to succeed you should strike out on new paths rather than travel the one path of accepted success. The real meaning of entrepreneurship is innovation. In other words success in entrepreneurship is about striking a new path challenging the status quo changing what’s already in existence figuring out a new way things can be done.
If the product or services you are trying to sell is the same with that of 100 other people no one will pay attention to you. As it Serth godin explained in his book title purple cow. So if you want to succeed in business strike a new path dream. Try a new thing or innovation and take risks that can lead to a new way of doing things. Don’t sell what everyone is selling how everyone is selling it or where everyone is selling it and expect a meaningful success
2.Failure is an integral part for all successful entrepreneur
I’d rather invest in an entrepreneur force field before than one to assume success from day one. Kevin O’Leary said failure is an integral part of entrepreneurship. If you don’t want to fail multiple times don’t even dream of building a business. Most people who want to start their own business are not realistic, they dream big which is fine but they rarely prepare their minds for mistakes. You will be a better entrepreneur if you make up your mind to make several mistakes and experience many failures because all these are inevitable for anyone who wants to build a company.
Do you have dream of start your own business? are you confused on How and where to start? Click here to join our free training online
3. Be ready to face critics like successful entrepreneur
When you bring innovation, be prepared for everyone will be saying you are can’t succeed or your innovation won’t work. However, if you don’t like to be criticized. Just follow the crowd, doing way they are doing the way they are doing it. You will surely see no meaningful result. Be prepared for public critics. This is one hidden challenge fazed entrepreneurs. As a result of your move to test the status quo. Many people don’t believe that there is a better way to do or think about anything.
So don’t be surprised if you are called names. Some may even think you are crazy that’s one of the price to be paid for pursuing what you see in your mind.
4. Your success lies in ability to build system
The secret of success lies not in doing your own work but in recognizing the best person to do it. Many businesses have no employee, vast majority of entrepreneurs are lone Ranger’s. Most business owners believe in themselves. They think becoming independent is the only way to succeed in business. Hence, this will bring bad outcome. So don’t be independent be interdependent you are not smart. For easy success in your business you must learn how to leverage on others people. If you are running your business or know the secret of business alone. Success doesn’t lie in your ability to get things done it lies in your ability to build a system and engage people who can get things done better. That how you can grow fast and cover more territories.
5. Always move with changes in the society
Many companies don’t succeed for a long time. Why? Their essentially mistakes is that, they generally miss the future. Mark Cuban one of successful entrepreneur said I always ask myself where is the world going and how I can be the first to get there. Entrepreneurs in 21st century must move with fast changes in our technology. You must ask yourself the same question every day. Where is the world going? How can you get there before everyone? You cannot build a successful business if you can’t see the future before it appears. That is the only competitors won’t push out of the market.
6. Try to do what looks impossible
Do the one thing you think you cannot do fail at it try again do better the second time. Oprah Winfrey said I heard many people ask me. How can I be an entrepreneur? Usually, people have once asked me I want to start a business I don’t have experience. I let them realized, business is not the same with classroom learning. You can learn how to walk by going to a class. You can’t learn how to ride a bicycle by going to a class. In the same, you can learn how to talk by going to a class but there’s just one way we learn talking and that’s by doing. You want to be successful in sharpening up overcome your fear and start that business. You’ll make mistakes and cry but you’ll be smarter and your smartness will lead you to success.
7. Get power to run more businesses before you diversified
It’s okay to have your eggs in one basket as long as you control what happens to that basket. A longtime associate called me and he informed me about his plan to start two businesses together. I replied it’s amazing. Do you have power to give it 100% like your first business without losing ground on former business. Many people failed in business world as a result of diversification. As they think of diversification when they have not even built a successful business before.
Truly, you may see giant companies having 50 or even 100 businesses. Don’t be misled by that most of these companies have billions of dollars. Also the best minds in the world. The owners of those companies can start 10 companies at a time. Which they will not do anything personally but they have system in place. You don’t have this power yet so never put your eggs in too many baskets for now.
8. There is no good or bad timing
All times are good times for those who know how to work. Once they have the tools to do so. Carlos Slim truly waiting for tapping are great opportunist people. They look for loopholes and use them to the advantage you can’t claim to be an entrepreneur and complain that the economy of your country is bad don’t believe in good and bad timing look for opportunities even in bad times because they are always do so.
9. Build your business around you passion
When you have a passion for something then you tend not only to be better at it but you work harder at it too. Vera Wang said you can have a job and hate it. But to hate your business is to destroy it. As a result of this you need to master your business. You can’t master what you cannot spend 80 hours per week doing. So build your business around your passion because that’s the only way you can ever build a successful business. When expectation results are not yet coming passion will keep you going.
10. Evaluate your progress always
A very good advice from successful entrepreneur is learn to check you progress always. As an entrepreneur you will need to know what is working in your business system. Why are they working? In the same way, you will need to know what is not working. Why are they not working? Business ideas are as common as table salt ideas are everywhere 90% of people you met yesterday had conceived one idea or another. Its people in charge of business ideas that makes it work or otherwise.
In summary, if you want to become a successful entrepreneur follow all the brilliant advice from successful entrepreneur listed above. Make a move to have a mentor in your journey of dream business so as to learn from his or her past mistakes. The following are 10 brilliant advice from successful entrepreneurs.
- Strike out new paths
- Failure is an integral part of entrepreneurship
- Be ready to face critics
- Your success lies in ability to build system
- Always move with changes in the society
- Try what looks impossible
- Get power to run more businesses before you diversified
- There is no good or bad timing
- Build your business around you passion
- Evaluate your progress always
Do you enjoyed this post? Our team will appreciate if you share with you friends on social media
Never forget to reach out to us for free training on how to start your dream business. Click here to join our free training online. Kindly share your opinion in the comment box below
Committed to your financial freedom