Guest Post: Business Tips from 4 Highly Successful Entrepreneurs

Business Tips From 4 Highly Successful Entrepreneurs

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A new business is rich on various challenges.  At an early stage, when you are working on your first startup, it is important to have a mentor in this field. However, if you don`t have a personal business guru you still can use hacks provided by the successful entrepreneurs. It does not mean that if you listen to them you won`t meet any troubles on your ways. You will have your own problems for sure and the following tips will simplify your way to the success.

1.MATTHEW TOREN

Mentor and co-founder of YoungEntrepreneur.com

Do not be stuck to the plan

This businessmen suggests to have a number of plans, even if each is only a few pages. An elaborate business plan in with proper marketing outline is a treasure. They help you map out the major stages of the way ahead and determine your success goals. Do not make highly – detailed plans because the entrepreneur needs to be flexible. You must have an opportunity to alter the direction of your actions. There are changes that not even masterminds can predict.

Be careful with experiments

Young and ambitious businessmen sometimes think they can be the one who will bring revolutionary changes in the whole working process. In this case, you must mind that there is a reason why definite business models work in the companies. They have proven their effectiveness in practice. You will only waste both time and money if you try to establish your own system of managing. There is a plenty of systems that can be purchased and installed and provide companies with impressive results. The same thing is with university assignments. If you do not know how to complete the task properly take an example from paper writing service reviews.

  1. MICHAEL NOICE

Entrepreneur Coach

Fails are not the enemies

The biggest mistake of the person on the way to success is to be incredibly afraid of failures. Do not look at mistakes as something to be completely avoided, because with every failure you have a  unique opportunity learn new solutions. It is better to put everything to the test that to avoid the action completely. The experience of failures gives lessons that the person can learn on practice without theoretical planning.  Resign yourself to the fact that to find a winning combination in business you must solve numerous dilemma. Do not be afraid to choose the wrong answer, just do not stop practicing new ways and win the advantage under your opponents.

  1. ADAM S. WESCOTT

Founder of Select Management Group

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Do not involve friends and family

If you want to lose a friend hire him. It is easier for the young entrepreneurs to hire people that are easier to get along with. In such a way we transport our comfort zone to the workplace. A professional entrepreneur must hire people for their achievements and ability to complete their duties. If he prefers to give a position to the inexperienced friend rather than to candidate with excellent qualification he risks to spoil the working process.

Turn sense of humor into the tool

There is an assumption that people who succeed in business must be very serious. It`s a nonsense. Good sense of humour is one of the most important entrepreneur characteristics.  A person must not only catch funny sense in the things that surround him but also to laugh at himself. As long as you can be amused as long you will be young and productive. If you can recall some funny situation that had happened earlier that day and found yourself erupting with laughter than you are not an artificial stone.

  1. GERARD ADAMS

self-made millionaire at 24

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Change the way of thinking

We are prisoners of our minds. The way we think impacts on the way we feel and on the way we act. It explains the fact that thinking has a direct influence on the success. It is true because positive thinking is one of the distinctive peculiarities of self-development and a powerful leadership skill. Every person with the serious attitude to professional growth must practice positive thinking . Do not confuse it with looking through the rose-colored spectacles and being a blind optimist. Positive thinkers are those who can inventively find better sides even in the hardest situations. A person must  literally program himself for success starting from her thoughts.

 

Sandra J. Hayward is a Miami Dade college MBA graduate that is interested in academic research and writing but does not want to depend on the rigorous schedule. That is why she has been collaborating with writing services for a long time as a freelance writer and enjoys her flextime a lot.

 

 

 

 

 

 

Posted in bookkeeping
2 comments on “Guest Post: Business Tips from 4 Highly Successful Entrepreneurs
  1. Jake says:

    Great post. Especially like the section concerning family and friends. I own a small bookkeeping business and made the mistake of taking on a friend as a client. Never take on a family member or friend as a client.

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