How to become an entrepreneur and be successful in business — advice of real entrepreneurs ebook

Contents

How to become an entrepreneur and be successful in business — advice of real entrepreneurs

NOTE

PART ONE

General advice

PART TWO

PART THREE

Most important advices from few famous entrepreneurs

Donald Trump

Richard Branson

Steve Jobs

Phil Knight

Walt Disney

Elon Musk

Mark Cuban

Tony Robbins

NOTE

You don’t necessarily need to follow the advice posted here, but it is worth to read them and think about them by yourself calmly, to make even more use of them. Choose the ones that are useful to you and introduce them into your life.

PART ONE

General advice

The first thing you should learn is the ability to deal with stress. Running a business is usually associated with exposure to high stress. You are the boss and you manage everything. You bear all the burden and responsibility for all important decisions you make. Don’t be discouraged by this! Keep reading!

Despite many advices as to what you should do in the company, it is up to you to make the final decision. Have your own opinion, but always consider different options and choose the best one. Your idea will not always be the best. Deal with it. You will not be the best in everything.

When something goes against your plan, it gets out of hand, the first thing you should do is stay calm (really). The worst thing you can do in this situation is to react to this situation. Try to bring everything back under control. Situations like this happen and will continue to happen. Treat them as an interesting experience from which you get knowledge for the future, not to make the same mistakes. Be bigger than your problems and fight. Usually, every problem brings an opportunity. Learn to see such occasions and use them skilfully.

Surround yourself with people who have knowledge in what you do, who are passionate about it, they can help you develop the enterprise and people you get along with because good communication is the foundation on which the company is based.

Business ideas alone are worth very little. If you want to start a business and become successful with it, you need to solve meaningful problems. Execution is everything in business.

Becoming successful in business is more about your mentality, psychology and determination than it is about finding little tips, tricks, hacks and exploitations in the marketplace.

Sometimes we should be able to accept that we can fail, but don’t break it down. Be persistent. Pursue your goals and treat your failure as a good lesson for the future. It is perseverance that distinguishes people who have failed to achieve goals from successful people who have achieved their goals and are happy.

Making important decisions usually involves risks that must be accepted because we are not always able to predict everything, prepare for everything. Take into consideration different possible variants and act in order to reduce unwanted losses. By risking, we are able to gain a lot, but also lose a lot. So choose wisely and remember that the world belongs to the brave ones.

Be flexible because nothing stands still. Everything changes, so your plans may not match the most recent situation that is taking place. Be prepared to introduce various changes, to make corrections.

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