Choosing to become an entrepreneur is a welcome development but should not be taken lightly. This is because not many know what it entails thus, some succeed while others fall off the bandwagon after awhile. Because we’re interested in your success, we’re polling the best advice for aspiring entrepreneurs to help you learn from the best.
It is well said that when you stand on the shoulders of giants, you stand tall and see further. So, let’s find out what some of the greats have to say about entrepreneurship.
- Find your why; it is the bedrock for starting up your business. When you find your motivation, believe in yourself and your vision unflinchingly.
- Be an effective manager of your time and energy and learn to strike a healthy balance between business and personal life. Avoid the Founder’s Blues.
- Yet again, strive to learn from the failures and successes of trailblazing entrepreneurs. Where possible, have a one on one with them to glean from their wealth of experience and wisdom.
- Dream big, work hard and endeavour to deliver more than is expected of you.
- Conduct extensive research to understand the market, industry, clients and their spending culture. This will make your products/services much-needed and in demand.
6. A successful business needs a good team so, share your vision with the right people.
7. Plan ahead. Paint a mental picture of the daily tasks so that you don’t leave any stone unturned.
8. Build meaningful relations and connect with other entrepreneurs through forums, at events, etc. This will allow you to gain support and learn more.
10. One of the major assets in business is financing so figure out how your business will run successfully in the short and long run.
In the same vein,
11. Doing what you love and loving what you do is essential to pulling through the thick and thin.
12. Don’t just be profit-driven, desire to proffer solutions to problems. You’ll make a greater impact by making life better for more people.
13. The need to enjoy the journey and learn from your mistakes/failures cannot be overemphasized. You’ll be better for it.
14. Challenge yourself and be willing to take calculated risks.
15. Last but not least, be open to constructive criticism and feedback.