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Business Empowerment Entrepreneurship

10 Success Tips For Aspiring And Practicing Entrepreneurs

Being successful also involves learning from others who have already accomplished their objectives. It is an amazing blessing for an entrepreneur to have a mentor, but not everyone can personally find one.

There are so many ambiguous articles that ‘teach’ or give tips to aspiring or young entrepreneurs to help you get started and develop a thriving business in any industry. Here are 10…

1. Do work you care about

There’s no doubt that it takes a great deal of time and patience to run a company. In your life, the only way to be satisfied is to do a job you truly believe in.

2. Believe in yourself and your vision
An entrepreneur is someone a desire to create something and a vision. At all times, keep your vision clear and always believe in yourself. Believe that you can succeed, whether you think you can or not, and you will find ways to overcome various obstacles. You’ll just find excuses if you don’t.

3. Find good people
Who you’re with is who you become; relating with people who are already the way you want to be is the quickest way to change yourself and state. It will give you insight into how they got to where they are and can get you the connections you need to get where you envision yourself and your business.

4. Take action & Face your fears
The world is full of brilliant ideas, but only by action can success come. The best way to get started is to stop talking and begin doing it, which is also true for your success.

5. Build a great team
In business, no one succeeds alone, and those who try will lose to a great team every time. To bolster your performance, create your own great team; a business is only as good as its members, getting people who are reliable and share the same vision for your company is imperative.

6. Plan for raising capital
It’s almost always harder to raise capital than you thought it would be, and it always takes longer. So plan for that. Always account for the time it would take to gather the capital for your business before you start other major plans.

7. Know your customer
Knowing your customer is one of the three keys to success, it’s important to know those you serve better than anyone else, and you’ll be able to deliver the solutions they need.

8. Ask for customers input and learn from complaints
Assuming what customers want or need will never lead to success. You must ask them directly, and then carefully listen to what they say. Your most unhappy customers are your greatest source of learning. Let unhappy customers teach you where the holes in your service are.

9. Understand your industry
Don’t play games you don’t understand, even if you see lots of other people making money from them. Truly understanding your industry is key to having success.

10. Deliver more than expected
Google’s Larry Page encourages entrepreneurs to deliver more than customers expect. It’s a great way to get noticed in your industry and build a loyal following of advocates.

About the author

Tife Onifade

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