Succeed In 2019: 6 Tips For Entrepreneurs

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Being an entrepreneur involves many duties and one of them is observing the signs. Check here several tips for entrepreneurs and global success stories. Undertaking is betting for yourself and also listening to the majority tell you that you are crazy, but it is also the best trip you could live. As an entrepreneur, you probably already discovered that you belong to another species, one that decides to break molds and travel their own roads without Waze or Google Maps, but following your own winning nose.

Therefore, below, we present these tips for entrepreneurs, so you can succeed this year and meet the goals:

  1. Keep calm and do not rush Having a business of your own is like running a marathon. It is common to want to rush some processes as it is usually interpreted as a sign of efficiency, but you are really playing against you. Your business can respond to different objectives, but you should know that not all are short term. Review the goals and deadlines that you have estimated and focus on each goal having a sensible and viable deadline. Remember that the important thing is not only in the calendar, but in the determination. Just as marathon runners do not give up, so do entrepreneurs. As an example, the most important talent of Elon Musk, according to Jim Cantrell - a member of the founding team of SpaceX - does not lie in money, nor in brilliant ideas, but in the " determination never to give up", that is the most important element of success: stubborn determination.
  2. Strategically relate If you feel you are losing a lot of time in conversations, events and meetings, it is very likely that you are not relating in a strategic way. Your agenda can be full of black holes that consume your time and resources. Prioritize your objectives and then review who are the key actors, both internal and external, in each of them. Remember to apply take into account the entire value chain: employees, partners, unions, related unions or related to your business, community neighbors, media, customers, suppliers, banks, competitors, NGOs related to your activity, government agencies, among others. They are all part of the game and you should be clear on the importance and impact of each one of them. With this level of clarity, you may fall in love at second glance with a person or organization that used to provoke yawns or take out one or two insults. This strategic network is one of the pillars of the sustainability of your business.
  3. Get involved in activities and expand your mind Using muscles that you did not even know existed, disciplining your mind, breathing properly, making friends with time, among other things, are some of our main tips for entrepreneurs. Nourishing your body and mind of this philosophy will undoubtedly give you competitive advantages. This year articulate your company, change processes, breathe, listen carefully, breathe again, dare to make new movements. Flexibility is learned and practiced daily. Those leaders and companies with this developed skill are the ones we usually admire because they are sustained success. Warren Buffet is an icon and example in the business world, not only for his enviable bank account, but for his great ability to adapt and get the best of each environment and time. Warren Buffet plays the Ukulele as a hobby and has already had live performances. Undoubtedly, at 87 years of age, it is still valid and is a reference for all the entrepreneurs of the world.
  4. Is Marketing a villain? Definitely not! Make it your ally and propose to see beyond the stereotype, take advantage of what marketing as a specialty has to offer: the management of perceptions and beliefs related to your product or service. Marketing allows you to capitalize on sales and reputation, investment in the following areas: Know your customers or consumers, not only the end but also the entire value chain, remember that your suppliers are also your customers. Generate tailor-made strategies. Review and develop successful products and services. Deliver global value: price, packaging / location, promotions, distribution and after-sales service.
  5. Follow me and I follow you Many entrepreneurs are overwhelmed by the current social networks, "you have to be on Instagram" or "how are you going to have Twitter?" Are some of the phrases we usually hear. Well, rest assured, it's no use being on all social networks if you do not know how to use them. Calm! We have already seen that Marketing is not a villain, therefore, social networks are not either. Each network fulfills a specific role, not all companies or brands need to be in all social networks, in fact, it is necessary to make prior evaluations to identify which or which suit your company. Evaluate the relationship your audience has with social networks, using reliable and up-to-date sources, such as market surveys of consultants and pollsters. As with marketing, be clear that it is an investment. Networks must be managed by communication professionals, since they are an external communication channel that constantly exposes you. There is a lot of improvisation in this field and mixed opinions, but remember that cheap is expensive. Keep in mind that the risk of crisis when external communications are mishandled, is very high. Knowing how to post a photo does not make anyone an expert in communication.
  6. Mirror, mirror Successful entrepreneurs do not ask for feedback in the mirror as in the story, they understand that they play a different role and they have to innovate in the type of leadership they develop. Feed yourself with objectivity, ask for feedback from your partners, employees, friends and family, how am I doing? What can I improve? And if you want to go further, keep in mind that being a good leader does not mean not making mistakes. Jeff Bezos, founder of Amazon, has built not only an empire but also a leadership style that sets him apart. Bezos insists that "if you want to be ingenious, you must be willing to make mistakes." Long live the marathon! and that these tips for entrepreneurs make you reach the podium of winners.
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Succeed In 2019: 6 Tips For Entrepreneurs [Internet]. WritingBros. 2020 Jul 15 [cited 2024 Dec 18]. Available from: https://writingbros.com/essay-examples/succeed-in-2019-6-tips-for-entrepreneurs/
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