Eight successful entrepreneurs entrepreneurial lesson

Entrepreneurship is not just a good idea and a perfect business plan on it. And most entrepreneurs do not even know what it takes to get started. Until one day, when they have a small accomplishment, they will find that the key conditions for starting a business are that they have never considered before, so that they are scaring a cold sweat.

In order to find out that these entrepreneurs never thought about it, it was the key condition discovered after the success of entrepreneurship. We interviewed 8 successful young entrepreneurs from Young Entrepreneurs Association. We believe the results of the interview will surprise you and the entrepreneurs alike.

Adaptability

At the beginning, we only recruit people who have worked in big companies and have specific abilities and work experience. Because we think people like that are more skilled and dependable. But soon, we realized that those who are adaptable are more suitable for startups like ours. Because such people are more malleable, that is to say, they can change their role at any time according to the needs of work. And those who have a huge impact on the success of the company, are such people, their ability to adapt to changes are very strong. In general, start-ups are unstable at first, but they are comfortable with the situation.

-Ben Rubenstein, Yodle

Dare to say "no"

Many start-up companies are very focused on growth, and sometimes the focus is wrong. When I joined the real estate industry, I was constantly looking for and trying out various ways I could make money. At that time, I felt that I was doing well, and I think my method is fruitful. But in fact, I wasted a lot of resources, but also made myself tired. Trying is important, but only if you want to be clear about your core business and goals. This way you can seize the opportunity at the right time. In addition, it is less difficult to deny the temptation to uselessly achieve your goals after defining your goals. It took me a long time to understand this truth, to dare to say "no" to temptation and to be good at seizing the opportunity. All those companies I know that are both efficient and at the same time sustainable innovate are companies that dare and say no.

- Kent Healy, The Uncommon Life

Have a logistic

After getting an angel investment, our company decided to significantly increase marketing and advertising spending. Within a year, we sponsored 11 conferences in major cities across the United States. At that time I was trying to get everything done by myself, including arranging flights, hotels, car rentals and sponsorship activities, but these things made me burnt. Fortunately, there is a client manager in my team that is well organized and willing to do logistics. Later, he took all those things to himself, and did everything in vain, let me worry a lot. My logistics and business manager to help me get those things, I just concentrate on doing business with customers.

- Jun Loayza, Tour Woo

4. Execution

Startup companies have never had a bad idea, but even without ideas, no matter how good your ideas are. It is of paramount importance to have the right people in the right positions and to put the company's ideas into practice. Many entrepreneurs are three-minute heat, they are dreamers, so the details are too boring and troublesome for them. If you are not good at sustaining your ideas, find a reliable partner or get automated management software to help you with those chores.

- Kelly Azeved, She's Got Systems

Do not blindly seek growth

When InsuranceAgents.com came in at No. 24 in Inc. 500, we did not really think about whether the company's growth was reasonable or not, and we were just blindly pursuing rapid growth. As long as there is a profit opportunity, we will not let go. The result of this is that in 2009, our company suffered a big landslide. Although at the last minute, we brought the company back to life with our own efforts and luck, we never dared to blindly seek growth. Learning to slow down is very important, and from time to time to stop hurrying pace, slow down, and then ask yourself "my company is not really capable of doing it?

-Seth Kravitz, Technori

Time management

I know that sounds silly. But as an entrepreneur, you are bound to be able to use limited resources to create the maximum profit. Specifically, you have to learn to prioritize matters. That way you can use your time, money and energy wisely. To be able to do this, you are one step closer to your goal. If you do not know anything about time management, that's scary because you waste the most precious resource - time. So I suggest you look at Danny Kennedy's "Concise Entrepreneur Time Management Guide" 1 book to learn some time management knowledge.

- Pete Kennedy, Main Street ROI

7. Sales everyone responsible

When people start their own business, they always divide the different people in the team - "I am responsible for sales, you are responsible for the technology, and she is responsible for promotion. He is responsible for operations and management." In fact, everyone in the team Should learn to sell. Of course, this does not mean that you and everyone see everyone doing business. However, if you are a startup, you should understand that everyone you meet may be your potential client, partner, consultant or free promoter. You have to understand your own ideas, and be able to be passionate and accurate and others to make it clear, because it may give you unexpected results. Every member of the team should include promotion of sales and communication in their work plans because sales people are responsible.

- Aaron Schwartz, Modify Watches

8. Attention to the body

This may sound funny, but hydration is important to our brain after "starting the business model." We put all our energy into our work, not just sitting in front of the computer at the conference table. So when do we drink water? I am serious. Many times we neglect health in order to work, but we must understand that "the body is the capital of revolution." Only in good health, the company can develop steadily.

- Erica Dhawan, Erica Dhawan Inc. and Galahads

Note: 1. No BS Time Management for Entrepreneurs by Dan S. Kennedy

Source: Reading Network (Translator / Qiu Yuanle)