5/3/11

Top 10 Best Advice from Successful Entrepreneurs

Starting and developing a new business is a life-changing endeavor. One of the sure ways to get motivated and do it smart is to listen to those who have succeeded in similar start-ups. Individuals that we have been featuring represent various industries and walks of life. That is one of the reasons why we have been able to convert at least half of new visitors to loyal readers to our site, because of the variety and diversity of interviews. Moreover, it is important to summarize from time to time some of the most memorable and motivating advice from already successful entrepreneurs and young professionals.


As a result, here is compilation of Top Ten Best Advice from Successful Entrepreneurs:


10. Answer “What will maintain my Peace?” I have found that answering that question will help you find out what is truly best for you on all levels. Make sure that you are working in a business that helps you grow and continue to evolve as a person in many different ways, not just financially
Rina Jakubowicz, Founder of RinaYoga.

9. Be prepared to work 10X harder and spend 10X more money than you thought the day you started. However, if you stick to it, the rewards are worth the effort because they are 20X better that you could have dreamed
Tom Cannon, Founder of BungoBox.com

8. Contemplate the atmosphere you want your business to have. Then build your business around that. Remember when you are creating the atmosphere you want, that includes building a fantastic core group of workers. Invest in them with all you have. Defend them, protect them, train them. The biggest compliment you can get from a team member is their loyalty, earn it
Amie Marse, Founder of ContentEqualsMoney.com


7. “Activities Lead To Results” – you want it, go get it! Surround yourself with knowledgeable people that have been there and done it before – this will limit your risk. Don’t bet the whole farm day one, build up to it – slow and steady wins the race
Tobi Skovron, Founder of ThePetLoo.com 


6. Don’t waste your life at a crappy job you hate! Remember that this is the only life you’ve got.  Eternal heaven might exist, but it also might not. So make the best of NOW by getting out there and doing what you want to do and follow your dreams
Ian Lee, singer/songwriter ianleeonline.com


5. Be diligent and genuinely excited about any challenge that you choose to take. All too often I see people given menial or small tasks and never take it to the best level, we always want more. I have found if you do much with the little tasks, people will have confidence giving you the bigger challenges to take up and lead. It’s a matter of taking a seed and growing a plant before trying to plant an entire field. This adage can be applied to most things in life
David Khan, VP of BankUnited.

4. Be the “CEO of YOU”. It is critical that you learn to communicate effectively and take matters into your own hands. The audience size of 1 or 1000 is irrelevant; what matters is the message
Dawnna St. Louis, Professional Speaker & Founder of dawnnaspeaks.com

3. Develop a personal philosophy of principles, beliefs, and values that you feel strongly about. Let this philosophy guide your decisions and actions. Having a clear philosophy for yourself is super important because it will ensure that you are not easily swayed by others around you who may be trying to question the dreams that you’re pursuing
Justing Hong, COO at Highly Relevant.


2. Make decisions – not promises. Don’t ever stop learning. Execute your ideas and your passions, regardless of whether you think it’s right or wrong – you’ll find out for sure that way. Money is a horrible way of keeping score. Take care of your health – you’ll need as much energy and stamina needed to do all you want to do. Get a coach or mentor – there is no such thing as a self-made millionaire
Paul Tran, Founder of Point B Capital.

1. Do not ever get scared of competition!!! Believe in your ideas and carry them out! Do not wait! Time flies and never waits for you. Take risks and leap to every opportunity that arrives. Learn how to deal with rejection and be open to constructive criticism
Quynh Pham, Founder of Reachoo.com

These valuable suggestions have worked for those people who are already successful. Therefore, such advice must mean something and it is rather imperative to take some of these into consideration. In fact, print this list out and refer to it frequently to keep yourself motivated and focused on what you are trying to achieve

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