Which may give people valuable lessons in running their businesses.
Richard Branson is known as the founder of Virgin, a corporation which has built their business empire with more than 400 companies in several industries such as aviation, recordings, publishing, or commerce, etc. In an interview with CreativeLive, Richard Branson gave some pieces of advice to people who wanted to start their own business.
“The most brilliant business ideas come from the worst personal experiences. If you change the way you look at your problems, you may find a better way to deal with that problem, which could be better than the one that is being used. This is where your business idea comes from”.
“If you can improve people’s lives, you have already started your own business. After all, there will be places on the market waiting for you to discover”.
Arianna is the co-founder of The Huffington Post and the author of the book “The Sleep Revolution”, which is one of the best sellers of the New York Times, and currently, she is the publishing director of Thrive Global, which is a company specialized in supplying stress-relieving solutions and programs.
Here is her advice for new businessmen: “If you want to start your own business, you need to love them, since most people have failed to keep their business alive as they did not have enough “love” for their business. When the Huffington Post started in 2005, many people criticized it as a failure which would not be able to survive”. “When you receive such comments, you need to have faith in your product and yourself”.
Mark is known as a billionaire, an investor, and has appeared on the Shark Tank program of America. He is the owner of a professional NBA basketball team, a theater, Magnolia Pictures, and the president of the AXS TV company. In an interview, Mark talked about the mistakes frequently made by entrepreneurs when they thought they have found a good business idea. “I tend to ask people about the things that they enjoy doing and the things that they are not good at”.
“The first steps are always the hardest and require the most preparation. When you have a good idea, you might talk to someone about it, and he might say that it is a good idea and he would buy that product, or you might look for it on Google and see that nobody has shared the same idea with you. These things might encourage you to think that it is a successful idea. However, not finding a similar idea on Google or anywhere else does not mean that no company has tried it. It might simply mean that the idea does not show potentials.
Robert is also an investor who has appeared on Shark Tank and has built and then sold many companies to major brands such as AT&T. Currently, he is operating in the information security technology industry. Here are some of his suggestions for people looking for more capital mobilization: “In fact, all you have is 90 seconds. Unless you make everything clear in that period of time, the chance to create influence will pass. You must show your enthusiasm, determination, confidence, and passion.” “If you’re not prepared to make your pitch, you may just miss your next big opportunity.”
Tony is a businessman, an author, a philanthropist, and one of the business strategy experts. He has been known as an advisor to many world leaders for the past 38 years. He is also the author of the classic book “MONEY: Master The Game”. Tony has motivated more than 50 million people from over 100 countries through the genius presentation ability via audio, video, and life skills training. Here are Tony's tips: "The biggest mistake entrepreneurs make is that they think that just having a good business plan or idea will ensure success."
“People should take time to think about who they are, what they want to achieve, and what kind of thinking is needed to achieve it, as people’s biggest obstacle is the natural habit over many years of life. You cannot register for a marathon, without running any course. Similarly, becoming an entrepreneur requires appropriate physical and emotional adaptation and thought.
Tim is the marketing manager of Ahrefs and he runs his own BloggerJet personal blog. Here's Tim's share on business: "The first mistake that startups make is that they rely on the idea of business too much." “They are convinced that success in business will only happen when they have an innovative and natural business idea. Implementing ideas is also more important (if not more) than just having ideas because only when you start doing it will you see all the difficulties and how difficult they are”.
Guy Kawasaki is a member of Canva's board of directors and the author of more than 13 famous books, including Art of the Start which is loved and appreciated by all entrepreneurs. Here are his tips: “They are always waiting. They wait until they have enough information, enough experience, lots and lots of money, or the complete version of the product they create”. “All of these waits mean they don't learn anything. When you are the boss, the best way to learn is to do something, to turn your ideas into reality, or to talk to the people you want to share your ideas with. You should stop waiting, and start working right away”.
After becoming one of the youngest photographers in the world to achieve certain success, Chase decided to cooperate and co-found CreativeLive, the world's largest educational online streaming company. Here are his business tips for startups: “When your market becomes difficult, if you only pursue the goal of money or other market opportunities, you will never have the courage and the passion to continue fighting. It is easy giving up when things get tough that will harm you. You must be patient.”
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