Over the years, I have been asked what it takes to be successful many times. As a business owner and entrepreneur at heart myself with over twenty years of experience in various industries including marketing consulting for startups as well as running my own companies; here are some lessons that you might find helpful if your goal is success like mine has always been!
Below are my top 7 tips that can help you succeed as a business owner:
1. Be passionate about what you are doing
Your daily grind needs to be one of enthusiasm and fun. My brother used to state, “If you do what you enjoy … you’ll constantly achieve success at it.”
2. Surround yourself on your own with people that will certainly test you, not “sheep.”
You need to pay attention to all sides (advantages and disadvantages) before you make a decision. Listen to people who provide their straightforward opinion– not those who inform you what they THINK you intend to listen to. You need to know where the landmines might be before you decide. I challenge my people to say with me, and I enjoy it. It keeps all of us on our toes and also produces some interesting and enjoyable personnel conferences.
3. Appreciate your individuals
Your group can make or damage you! Lots of local business owners think I ruin my employees. The fact is that without them, we would never be where we are currently. As an entrepreneur, I drive the train; my staff members offer the steam to run the engine uphill. To this day, I still search for those rough diamonds!
4. Always consider your client’s point of view
This is valuable for every little thing, from marketing promos to problem resolution. It’s not that the “customer is constantly right,” yet it is necessary to place on your own in their footwear and also treat them like you would certainly want to be dealt with if the duties were reversed.
5. Be worth to your distributors
Whatever sector you remain in, it is essential to develop bonds with those you work with. Ask on your own what you are bringing to the table, and bear in mind that you both require each other. Speak with them, get to know them– do not simply email or message them. In a pinch, they can help you.
6. Appreciate your competitors
Seems weird, best? However, our competitors maintain us on our toes and motivate us to do far better every day. Most of them I currently consider my friends, as well as we formed a solid partnership with a typical objective to maintain industry principles on course. We typically have the same problems, and there is stamina in numbers!
7. Have an exit technique
Realize that eventually, you must either offer your firm or pass your business on a liked one. Produce a succession plan within your organization. You require to acknowledge that when the moment comes, you must protect your legacy and optimize your years of effort. For me, that was two years back when I sold my managing rate of interest in CruCon to a $2B firm. I then created SLC Group Holdings to purchase and coach young business owners and assist make all their dreams happen!