Many successful business leaders are the first to admit that it’s the sound advice they received from their mentors, fellow entrepreneurs, friends and family that helped get them where they are today. There’s a common misconception that when starting and growing your own business, you have to do it alone, but this couldn’t be further from the truth.
Many successful business leaders are the first to admit that it’s the sound advice they received from their mentors, fellow entrepreneurs, friends and family that helped get them where they are today. There’s a common misconception that when starting and growing your own business, you have to do it alone, but this couldn’t be further from the truth. The only way you’re going to accomplish your business goals, is with help from others, especially when that assistance comes in the form of sage advice from someone else who has perhaps been there before you. Even the simplest advice can go a long way and no one knows that better than some of the most successful business people in the world. They share with us some of the best advice they were ever given along the way to greatness.
Anthony Lolli – Founder and CEO of Raid Realty
The first thing you think of in the morning and the last thing you think of at night is either the cause of your career happiness or the cause of your career pain. If it’s pain, focus on changing that.
It’s important to love what you do, because without passion, you’re bound to fail in your entrepreneurial endeavours. If you’re unhappy about what you’re doing, make a change. Focus on changing the things you don’t love about your career and making your business dreams comes true.
Jack Bosch – Author of Forever Cash
Hire or engage with people who are smarter and more capable in their respective areas than you are. After setting some rules and guidelines, just let them do it. It’s a skill to be able to work with people who are completely different from you, but it pays off when they are able to do what they love and you are [able] to focus on your strengths.
It’s not only important to get some help when it comes to getting your small business off the ground and growing it, but a large portion of that help should preferably come in the form of a reliable and capable team. Hiring the right people is the key to your business’s success as they are the ones responsible for carrying the business. You need the best people possible on your side and this very often means employing people whose strengths lie in other areas to yours.
Phil Rooke – CEO of Spreadshirt
Remain focused on the customer, and the rest of business will fall in line. This customer-centric focus is the truest compass for navigating the road to scale up for business success, and maintains a continual focus on the customer despite market distractions. It is the real secret to continual growth and success.
As a small business owner it’s vital that you make the customer your priority. At the end of the day, you are providing a service or product that need to be tailored according to their intended target market. If you’re not giving people what they want and need, then the chances are that your business will not survive. Stay on top of the latest trends within your specific industry and be sure to get regular feedback from clients so that you can adapt and improve what you have to offer so as to better suit the people you intend to serve.
Jose Li – Founder and CEO of 71lbs
Learn to give up trying to control everything. Being a great leader is about influence and listening to those around you. These are attributes rarely taught in school or training, but most often the ones that define how successful of a leader you are.
Being able to listen to those around you is the mark of a great leader. It’s not possible to have the answer to all your problems and to know everything, so listening to your employees as well as experts in your chosen field can only help you manage things more easily. Successful leaders are those who know how to lead, but also know when to stay quiet and just listen.
Sir Richard Branson – Founder of the Virgin Group
The best advice I ever received? Simple: Have no regrets. Who gave me the advice? Mum’s the word.
Deciding to start your own business is a risk but one that is most rewarding should you succeed. In business and in most areas of life, having regrets can end up being destructive so we should avoid them at all costs. If you have a good idea and big dreams, you never know where they’ll take you if you don’t try. Take chances – you may be pleasantly surprised. And remember, very often, mom knows best.
What’s the best advice you’ve ever been given?
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