Thanks for visiting our site. As a way of saying "thanks" here's a FREE course on how to make $688 a day online using FREE methods:
As an entrepreneur, you have carefully learned the importance of mindfulness best business tips Bad gets from many top-to-top entrepreneurs. Essence: It will take a lot open a business and grow it to profitability. Funny that the most impressive lessons came from my biggest failures.
All in all, despite getting great business tips and success tips back during my colleges, we continued to learn about how no open your business based on my experience. However, my early failures prevented me from learning from my mistakes and moving on to employment.
They have dropped out of school in the last five years how to start a blog and grow it to more than 500,000 readers monthly (order here if you want me top blogging tips). Launched running online courses, started a lucrative freelance,, embedded physical products and more.
Before quitting my job in 2016, I grew out of more than six earnings.
Now, teaching other entrepreneurs how to start working in my free course, Find a profitable business idea today. But this post is really about me (surprise). And I want to start by answering an important question …
Why stockpile large business tips?
The first to be told that each of these entrepreneurs was interviewed to share their business tips with you – they took their own unique path to building a successful business. Ate all different. Some come from wealth and influential connections – others built empires from scratch.
Misunderstand the business advice you hear because the gospel needs to be followed word for word. Instead, use it as a tool to inform you of your big decisions and major strategic steps in your own business.
The reason is in you should take care about business tips that other successful entrepreneurs should successfully share with you … is that one day their experience and words of wisdom may come in handy. I worked hard to give advice from a diverse sample of the most successful and respected entrepreneurs, so was preparing to start a business in today’s climate.
From Richard Branson yes Ariana Huffington,, Tim Ferris,, Mark Cuban,, Sophia Amarus and much more, the business advice of this group of entrepreneurs together costs countless times and money.
They created the products and services they heard about, turned entire industries upside down, rethought what it means to be successful in starting a business, and wrote a lot about them. books for business or taught online business courses about it. Suffice it to say that their business advice is worth its weight in gold.
Not surprisingly, many of these entrepreneurs had very similar business tips to share, drawing on how they worked for them when it came to learning business growth.
Here are some of the biggest trends in their business tips:
- The business ideas themselves cost very little. If you want to start your own business and succeed in it, you need to solve significant problems. Execution is everything in business.
- Rather just learn how to start a blog (or any kind of business) otherwise do what you really love and what is goodone way or another one can dedicate oneself becoming that expert in the coming years. And if you really want to start a blog, be sure to start working on your right foot with advice from one of them blogging courses.
- To succeed in business is this more about your mentality, psychology and determination than it is about finding little tips, tricks, hacks and exploits in the market.
- Get started today. The only real way to learn is to do it and you can afford to sit around waiting for funding, hoping someone else will help you execute on your idea or complain about you the poor have time. An excuse will help you start your business, and that’s exactly how hell will help you create the lifestyle you want for yourself.
- Run before you feel ready. If you wait until your product or service feels good perfect, someone else will already be doing a better job of helping customers solve their problems. Confirm your business idea by launching quickly, attracting a small group of paid customers and adapting to make your solution great for them over time.
- As you decide manage your time and decide what development opportunities will affect your success when starting a business. Give everything you can so you can focus on doing what only you can do in your business.
- Do your best avoid spending money when you started your business. Build a thrifty solution that delivers value to your customers and spends money only on absolute essentials at the moment you need them.
- Never stop building meaningful relationships with customers and other people in your industry. Choosing instead of treating competitors as potential partners and employees can have a positive impact on your business.
- Focus on setting and achieving small gradual goals instead of trying to start your own business and instantly build your vision of what the company should be like in the years to come. Defining realistic goals and milestones is a key component of long-term success. I studied in this mentality what is a blogto end up choosing site developer yes my blog is growing with such tactics guest blogging and social advancement.
- And much, much more …
Whether you want to start your business for the first time or you are an experienced entrepreneur, you will find incredible value in the best business tips and success tips that these entrepreneurs need to share today – some of them have even made their way to my list of the best motivational quotes Heard, heard.
Want really good things?
Join my community today and constantly send you weekly tips, strategies, and insights on growing a side business.
Well, one last word of advice – I highly recommend reading this whole post.
You’ve heard from some of the most recognizable names in business over the past few decades.
The 60 best entrepreneurs share their best business tips and advice for success
An incredible hit with one of my biggest heroes in the business world, Sir Richard Branson.
1. Richard Branson.
Sir Richard Branson, one of the most famous billionaires and founder Virgin Group, has created an empire consisting of more than 400 companies including airlines, record companies, publishing organizations and even engaged in commercial space travel. He is also the author of more than a dozen business books, including his latest (fantastic) autobiography, “Find My Virginity,” which is shared from behind the scenes. and falls during Branson’s more than fifty-year career as an entrepreneur. During a 30-day Genius interview with CreativeLive, I heard first-hand his best business tips for novice entrepreneurs looking to start their own business:
“The best business comes from people’s bad personal experiences. If you just keep your eyes open, go find something that annoys you, and then you think, ‘Well, I’d probably do it better than it was done,’ and there you have a business. “
“If you can improve people’s lives, you have a business. People think, ‘well, everything is thought out,’ but in reality there are gaps in the market all the time, and gaps in the market.”
2. Ariana Huffington.
Ariana is a co-founder Huffington Post, author of the recent New York Times bestseller The Sleep Revolution and has resigned as editor-in-chief of the Huffington Post to continue his new wellness startup, Thrive Global, which offers wellness training and stress reduction workshops. Here are her business tips for entrepreneurs who want to start their business for the first time:
“If you’re going to start a business, you need to love it, because not everyone will love it. When the Huffington Post was first launched in 2005, there were a lot of violators. I remember a critic who wrote that the Huffington Post was an unspeakable failure.”
“If you get such reviews and similar detractors, you really have to believe in your product. If you really believe in your product, you’re willing to deal with all the Naisans and insist.”
3. Mark Cuban.
Mark is an entrepreneur and investor ABC Shark Tank. Co-owner of NBA Dallas Mavericks, Landmark Theater, Magnolia Pictures, and is chairman of the HDTV cable network AXS TV. In his recent interview on 30 days of genius with CreativeLive, Mark mentioned a lot about the mistakes that new entrepreneurs make when they think they are found a profitable business idea. Here are his business tips for those looking to start a business:
“What I always ask people is, (1) is that what you like to do, and (2) is that what’s good?”
“Then taking that first step is always the hardest part. Terribly awful, but really, a delight to prepare. We all go through the process where we got business idea, you get that feeling in your stomach and you’re all excited. Then you talk to a friend and your friend says, “oh wow ate pretty cool, never heard anything like that. Then buy this.” And then you do a Google search. “
“The first thing that tells you is that just because you’ve seen it on Google, you mean a hundred companies that go out of business and do the same thing. It wasn’t done just like that because every company that tried it, stopped her business. “
4. Robert Geryavets.
Robert is an experienced entrepreneur and investor who has created and sold several companies of major brands such as AT&T. Now he is a leading authority on information security, he is also one of the most recognizable figures from the award-winning ABC show, Shark tank where he found a reputation as a young entrepreneur by sharing unearthly business advice. Here are Robert’s best business tips for novice entrepreneurs when it comes to parsing your idea:
“You have 90 seconds if you’re lucky. If you’ve convincingly made your point at this point, you’ve lost the chance to strike. Facts and figures are important, but not the only criteria you have to present in a way that creates experience and confidence.”
“If you’re not ready to take your step, you can just miss your next big opportunity.”
For more tips on how to successfully direct investors, read my friend Jock’s guide on how to breed a shark.
5. Sophia Amarus.
Sofia Turned Nasty Gal from an eBay store into a multimillion-dollar empire with its own clothing line, which was recognized as the fastest growing retailer in 2012. She is also the author of the NewGorms Times bestseller #GIRLBOSS. Here is her best business advice for novice entrepreneurs who want to start their own business:
“You seem to take something personally and don’t respond; you never know what you’ll learn along the way.”
“Those who did not tell me” are the people who finally told me so; so hungry forget. “
6. Tony Robbins.
Tony – is an entrepreneur, bestselling author, philanthropist and life and business strategist № 1. A recognized authority in the psychology of leadership, negotiation and organizational turning, he has served as an advisor to executives around the world for over 38 years. Also the author of five world bestsellers, including the most recent New York Times bestseller №1 Money: Master the game. Tony has empowered more than 50 million people from 100 countries through his audio, video and lifelong learning programs. Here are his business tips for novice entrepreneurs who want to start a business:
“The most painful mistake I see in start-ups is that just a business plan or a great idea is enough to succeed. No. Success in business is 80% psychology and 20% mechanics. And, frankly, most people’s psychology isn’t designed to start a business. ”
“My business advice? Think honestly about who you are, what you want to achieve and what kind of mindset you need to have to get there. Because the most important thing that holds you back is your own nature. Few people take natural risks , or are emotionally ready for the challenges of starting a business.You just sign up for a marathon and run it without ever training.You need to increase your capabilities and become fit.To be an entrepreneur, you need these types of emotional and psychological training, so you need become a supporter of the success of your business. “
7. Tim Ferris.
Tim is the best – selling author of the New York Times three books, including and A four-hour work week. Just like an investor, homeowners are often ordinary # 1-rated business podcast and an entrepreneur according to his own rite. Today, using the best business tips found:
“The best advice you’ve ever received is to represent an average of the 5 people you associate with the majority.”
“I’ve really heard this from more than one person, including bestselling authors, Drew Houston of Dropbox and many others who represent Silicon Valley icons. I’m haunted by what I reread every morning. They also work well together.”
8. Guy Kawasaki.
Guy is the chief evangelist Canva, author of thirteen books, including famous ones The art of the beginning, which has been recognized by entrepreneurs around the world as a weapon of mass creation. Also a former Apple chief evangelist. Here are his business tips for novice entrepreneurs who want to start their own business:
“My best business advice is to focus on the prototype. Focus on your calendar platform, business plan or financial projections.”
“If you get a prototype and you get enough people to use it, you never have to write a business plan, make a forecast and do something like that. A prototype is when you separate the BS from reality.”
9. Derek Severs.
Derek was a musician, producer, circus performer, entrepreneur, TED speaker and book publisher. He started CDBaby and HostBabywhich has become too big, yes he gave them away. Now a writer, a programmer and a student have introduced themselves. Here are his best business tips for novice entrepreneurs:
“Start now, you need funding. Keep an eye out if you want to do something big, but say what you do until you raise money to fund an idea. Usually that means a more favorite idea is to be bigger than that. to do something useful ”.
“For an idea to be great, it has to be something useful – and it becomes useful and requires funding. If you want to be useful, you can always start now only 1% of what you have in your big vision. It was a modest prototype of your big vision, but preserved in the game. You started to get ahead of the rest because you actually started when others started the finish line to magically appear at the starting line. ”Read this post from Derek much more.
10. Nir Eyal.
Nir is the author Hooked: How to create products that form a habit and blogs about product psychology on NirAndFar.com. Here are its two cents and tips for success for novice entrepreneurs who want to start a business:
“The easiest way to find out if someone is an entrepreneur for the first time is when they hide their ideas. I answered people who ask to sign an NGO. Real entrepreneurs know that good ideas are inexpensive and success comes from hard work, not from ingenious stroke ”.
“The second big mistake I entrepreneurs make is to create a product for customers that they know well. Why I always advise entrepreneurs to create a product for themselves – at least so you definitely build something for the intimate user. All the big technology companies of the last decade – Facebook, Twitter, Slack, Snapchat – were created by the founders who produced the products they wanted to use. “
11. Tara is a pagan.
Author, speaker and founder What works. Tara is working with business owners to help them move to more lucrative business models, more compelling messages and more impact. She is represented at Fast Company, Forbes, Inc. and DailyWorth for work done with her clients. Here’s Tara’s perception of the biggest mistake new entrepreneurs make when they want to start their own business:
“Яны чакаюць, каб пачаць. Яны чакаюць, пакуль у іх з’явіцца больш інфармацыі, больш досведу, больш грошай і больш поўнай версіі таго, што яны стварылі. “
“Усё, што чакаць, азначае не вельмі вучыцца. Развіваючы прадпрымальніка, найлепшы спосаб навучыцца – гэта зрабіць нешта, пакласці сваю ідэю ў чыесьці рукі альбо пагаварыць з людзьмі, якім вы хочаце служыць. Перастаньце чакаць і зрабіце што-небудзь ».
Хочаце даведацца больш ад Тары? Праверце яе заняткі па CreativeLive, якія ахопліваюць шырокі спектр такіх тэм, як ператварэнне вашай паслугі ў прадукт, стварэнне супольнасці вакол вашага бізнесу, напісанне і продаж электронных кніг і шмат іншага.
12. Чэйз Джарвіс.
Пасля таго, як у адносна маладым узросце стаў адным з самых вядомых фатографаў, Чэйз працягваў сустракацца, CreativeLive, найбуйнейшая адукацыйная кампанія ў прамым эфіры. Вось яго дзелавыя парады для новых прадпрымальнікаў, якія хочуць пачаць свой бізнес:
“Акрэсліце ўласны сверб. Ідзіце пасля вырашэння праблемы, якая ў вас ёсць. Нешта блізкае і дарагое вам, а не нейкая выпадковая рынкавая магчымасць. “
“Таму што, калі ўсё становіцца складаней, калі мы проста ганяемся за далярамі альбо выпадковай рынкавай магчымасцю, мы не зможам мець сілы духу, запал, каб застацца з гэтым”.
13. Ной Каган.
Ной з’яўляецца галоўным сумо ў AppSumo, супольнасць для прадпрымальнікаў, каб выявіць і выкарыстоўваць найвялікшыя прадукты і інструменты для вядзення блога і нават некаторыя блогінг кніг для расце бізнесу. Ён таксама кіруе Сумо, магутным наборам інструментаў для росту інтэрнэт-трафіку, і быў супрацоўнікам № 30 у Facebook, перш чым звольняць і рухацца далей, каб стаць раннім дырэктарам па маркетынгу ў Мята. Вось яго дзелавыя парады для прадпрымальнікаў, якія жадаюць пачаць свой бізнес упершыню:
“Ужыванне адходаў і марнаванне грошай на няпростыя пытанні пры адкрыцці бізнесу. На самай справе, выдаткуйце любыя грошы, пакуль не зарабіце грошы “.
У інтэрв’ю майго падкаста, Праект бакавой мітусні, Ной падзяліўся са мной яшчэ больш сваімі дзелавымі парадамі і думкі пра тое, як пачынаючыя прадпрымальнікі павінны ісці пра тое, як пачынаць свае праекты і дабівацца поспеху прасоўванне вашага блога– У тым ліку, як ён зарабіў 1000 долараў за 24 гадзіны на зусім новай ідэі … прадаўца ялавічыны.
14. Стэлі Эфці.
Стэлі з’яўляецца генеральным дырэктарам кампаніі Зачыніць, магутная платформа зносін унутраных продажаў (і я выбраў як лепшы CRM для малога бізнесу) на аснове яго шматгадовага досведу, які прыцягвае мільёны долараў продажаў для стартапаў, якія падтрымліваюцца прадпрыемствамі Сіліконавай даліны. Вось што можна падзяліцца Стэлі, што тычыцца дзелавых парад для пачаткоўцаў прадпрымальнікаў, якія хочуць пачаць бізнес сёння:
“Адной з самых балючых і распаўсюджаных памылак, якую я бачу прадпрымальнікам-пачаткоўцам, з’яўляецца тое, што яны ўлюбляюцца ў сваю ўласную бізнес-ідэю”.
“Яны праводзяць месяцы, будуючы тое, што, як лічаць, наступным інавацыйным, разбуральным, стартапам, які мяняе гульню. Потым яны запускаюць… і ніхто не купляе, нікога не хвалюе, нічога не адбываецца ”.
“Палюбіце сваю бізнес-ідэю. Замест гэтага, закахайцеся ў праблему, якую спрабуеце вырашыць для сваіх кліентаў і пацвердзіць вашу бізнес-ідэю на раннім этапе гэта праблема, якую варта вырашыць “.
15. Ванеса Ван Эдвардс.
Аглядальнік Хафінгтон Пост, пачаткавая праца Ванэсы Навука пра людзей быў прадстаўлены ў NPR, Wall Street Journal, Today Show і USA Today. Вось што яна лічыць самай вялікай памылкай, якую прадпрымальнікі робяць, калі пачынаюць бізнес упершыню:
“Няма шляху! Я думаю, што самая вялікая памылка прадпрымальнікаў, якія ўпершыню робяць, заключаецца ў тым, што яны адчайна хочуць структураванага бізнес-плана і прамога шляху ».
“Адна з самых важных рэчаў аб адкрыцці бізнесу – гэта гнуткасць. Слуханне кліентаў, прагляд дадзеных і ўнясенне ітэрацый і змяненняў па меры неабходнасці. Часам наяўнасць шляху ці жорсткага бізнес-плана можа вас абмежаваць. Падумайце пра свой бізнэс, як пра луг, а не пра сцежку, а пра гульню! “
16. Льюіс Хаўс.
Льюіс – аўтар бэстсэлераў New York Times “Школа велічы” і вядучы аднайменнага падкаста з аднайменнай назвай. Як пісьменнік, выступоўца і інтэрнэт-педагог, які распавядае прадпрымальнікам пра тое, як пачаць прыбытковы бізнес у Інтэрнэце, – і ён дзеліцца сваім аповедам у гэтым эпізодзе майго падкаста, прама тут. Вось яго найлепшы дзелавы савет для маладых прадпрымальнікаў:
«Перфекцыянізм калечыць многіх прадпрымальнікаў. Яны запускаюць свой сайт альбо выстаўляюць на продаж свой прадукт, пакуль не лічаць, што гэта ідэальна, а гэта вялікая трата часу. Ніколі не будзе ідэальным. “
“Перадайце свой прадукт ці паслугу, як толькі ў вас ёсць голыя косці. Гэта дасць вам каштоўную зваротную сувязь пра тое, ці сапраўды ваш рынак гэтага хоча. Вы можаце адпаліраваць яго пазней. “
17. Джон Акуф.
Джон з’яўляецца самым прадаваным аўтарам New York Times пяці кніг, у тым ліку Зрабіце больш. Дапамаглі некалькі найбуйнейшых сусветных брэндаў распавесці сваю гісторыю, уключаючы The Home Depot, Bose і Staples. Цяпер ён размаўляе з сотнямі тысяч чалавек штогод і выратаваў звыш 4 мільёнаў чытачоў у сваіх блогах. Вось яго дзелавыя парады для пачаткоўцаў прадпрымальнікаў, якія хочуць пачаць бізнес:
“Тое, што мы даведаліся, і чаму мы таксама навучыліся, гэта быць прадпрымальнікам займае шум. І вось у чым праблема: часам мы думаем, што шум складаецца ў тым, каб быць працаголікам альбо дадаць шмат усяго ў наша жыццё “.
“Спяшанне – гэта акцэнт, а не шаленства. Шум ідзе пра адніманне і складанне. Не пра тое, каб рабіць больш, а засяроджвацца на тым, што вам трэба зрабіць, каб рухацца наперад. Правільны шлях. “
18. Саед Балкі.
Як заснавальнік WPBeginner, Optinmonster і яшчэ некалькіх паспяховых інтэрнэт-бізнэсаў, Syed даведаўся пра рэчы пра стварэнне паспяховага бізнес-план блога і запуск кампаній у свае 25 гадоў як прадпрымальнік. На просьбу падзяліцца сваімі лепшымі дзелавымі парадамі для маладых прадпрымальнікаў, асабліва калі гаворка ідзе пра высвятленне як прасоўваць свой блог у першыя дні, вось што ён можа сказаць:
“Ідэальнае праклён. Інавацыі брудныя. Праверце, вучыцца і ўдасканальвацца. “
“Часта новыя прадпрымальнікі чакаюць занадта доўга, каб выпусціць свой прадукт на рынак. Валодаючы абмежаванымі рэсурсамі, важна, каб вы атрымалі MVP як мага хутчэй і пачаць атрымліваць цягу. Прыміце водгукі карыстальнікаў, каб паўтарыць і палепшыць свае прадукты. “
«Не запуск досыць хутка – гэта памылка, якую вы проста не можаце дазволіць сабе. Калі вы хочаце атрымаць перавагу над іншымі, запусціце зараз! “
19. Sujan Patel.
Sujan – маркетолаг росту і сузаснавальнік агенцтва па маркетынгу змесціва, Прыбытак у Інтэрнэце. Ён таксама працуе Пашпарт, Вузкі і выскачыць з самалётаў у вольны час – але калі сур’ёзна, у Суяна ёсць некалькі ўражлівых маркетынгавыя навыкі і ён (неўсвядомлена) навучыў мяне шмат чаму з таго, што ён даведаўся пра вучобу як зрабіць сайт да падбору як прыцягнуць трафік на мой блог. Вось яго лепшыя дзелавыя парады для прадпрымальнікаў-пачаткоўцаў, якія хочуць пачаць бізнес сёння:
“Самая балючая памылка, якую я бачу дасведчаным прадпрымальнікам, – гэта капіраванне і рабіць тое ж самае, што і паспяховыя прадпрымальнікі, чакаючы падобных вынікаў. Што ўпершыню прадпрымальнікі разумеюць, гэта тое, што ў свеце няма больш вакууму і больш верагоднасць сысці за кулісы, чым здаецца. Значна больш намаганняў накіравана на стварэнне поспеху, які яны бачаць на паверхні, і захаванне ніякіх гарантый таго, што пэўная тактыка ці стратэгія будуць паспяховымі для ўсіх “.
“Мая парада прадпрымальнікам у першы раз не захапляцца гламурам і працягваць прымаць рэчы за намінал. Замест гэтага выкарыстоўвайце гэтыя поспехі, пра якія яны чытаюць, як натхненне для таго, што вы таксама можаце зрабіць. Я амаль заўсёды рэкамендую ім ставіць больш рэалістычныя мэты і забываць пра «пераход на вірус» альбо спрабаваць быць падобнымі на кагосьці іншага ».
20. Іліс Бэнун.
Ilise распрацоўвае творчых прафесіяналаў, як палепшыць кліентаў з большымі бюджэтамі. Яна настаўляе, трэнеры і прадае маркетынгавыя інструменты для прадпрымальнікаў на сваім сайце Настаўнік маркетынгу. Вось як яна раіць прадпрымальнікам-пачаткоўцам, калі гаворка ідзе пра тое, каб усталяваць чаканні вакол таго, што трэба для пачатку бізнесу:
“Большасць людзей пачынаюць з зусім нерэальнымі чаканнямі таго, які ўзровень намаганняў патрабуецца і колькі часу спатрэбіцца, каб бізнес зваліўся з месца. Яны лёгка адбіваюцца і занадта хутка адмаўляюцца. Я вінавачу гэта ў жаданым разважанні “.
“Рэчаіснасць заключаецца ў тым, што няма магчымасці даведацца, колькі часу пройдзе альбо ці будзе працаваць наогул. Таму мая парада – падысці да яе з пакорай, скрупнасцю і гатоўнасцю зрабіць усё, што трэба, каб дасягнуць поспеху, нават калі гэта азначае, што вам трэба доўга працаваць вельмі доўга “.
21. Джэф Хадэн.
Джэф гэта мастак-аматар, які выступае, Influencer LinkedIn і рэдактар часопіса Inc. Ён праклаў шлях да кіравання заводам для супрацоўнікаў з 250 супрацоўнікамі і стаў запатрабаваным архітэктарам для вядучых вядучых лідэраў бізнесу. Напісана больш за 50 кніг, у тым ліку шэсць Amazon Business і No. 1-х. Ён сабраў чатыры гады дзелавых парад у сваёй самай апошняй кнізе «Міф пра матывацыю». Вось яго лепшы дзелавы савет для пачаткоўцаў прадпрымальнікаў, якія хочуць пачаць свой бізнес:
“Ніколі не забывайце, што ваш бізнес патрабуе больш грошай, чым траціць. Я ведаю, што гэта гучыць занадта проста, але так шмат людзей гэта пазбаўляецца. Замест таго, чаму так шмат прадпрымальнікаў, якія ўпершыню пачынаюць інвеставаць, (альбо трацяць большую частку свайго часу на пошуку інвестараў) “.
“Замест гэтага трэба працаваць над творчым рашэннем, якое каштуе мала грошай і грошай. Такая прымусовая дысцыпліна дапаможа вам патраціць менш, чым зарабляеце, нават калі вы не робіце шмат. Часам неабходны капітал, але ў нейкі момант павінна быць даходнасць гэтага капіталу. Не робячы нічога для інвестыцый, укладваючы грошы ў будучыню, нават губляючы грошы на некалькі гадоў. Але ваш план павінен вярнуць вас да гэтага простага раўнання – зрабіць больш, чым траціце “.
22. Лары Кім.
Лары з’яўляецца заснавальнікам абодвух Мабільная малпа, чат-бот наступнага пакалення для маркетолагаў і Wordsream, вядучы пастаўшчык AdWords, Facebook і даследаванне ключавых слоў інструменты, якія выкарыстоўваюцца больш за мільён маркетолагаў па ўсім свеце. Лары таксама галоўны аглядальнік часопіса Inc, настаўнік Techstars і асноўны дакладчык падзей па ўсім свеце. Вось яго лепшыя дзелавыя парады для пачаткоўцаў прадпрымальнікаў:
“Самая вялікая памылка, якую я бачу прадпрымальнікам, – гэта пераацэнка навізны іх вялікай ідэі”.
“Часцей за ўсё, калі мне даводзіцца шукаць ідэі ад прадпрымальнікаў-пачаткоўцаў, я пытаюся чым гэта адрозніваецца ад [x]? Калі сур’ёзна, таму што трэба шмат часу і сіл, каб зрабіць усё дзелавой ідэяй, вы маглі б таксама пачакаць сапраўды цудоўнага ”.
23. Шринивас Рао.
Аўтар беспамылковага: Чаму толькі лепш, чым лепшы, і вядучы вядомых падкастаў, Беспамылковы крэатыў, Шрыні апытаў больш за 600 прадпрымальнікаў, творчых дзеячаў і лідэраў мыслення з усіх слаёў грамадства. Ад Ціма Ферыса да Сэта Годзіна, Кевіна Келі, Раяна Холідэя і шмат іншага, Шрыні даведалася ад лепшых, што трэба для дасягнення поспеху ў бізнесе. Вось яго дзелавыя парады для пачаткоўцаў прадпрымальнікаў, якія хочуць пачаць свой бізнес:
«Напэўна, самая дарагая памылка, якую робяць многія прадпрымальнікі, – гэта выбіраць людзей, з якімі яны працуюць альбо наймаюць. Дрэнна дапушчана памылка. І гэта была памылка, якая паўставала зноў і зноў. “
“Дарога ў тым, каб заўсёды працаваць з кім-небудзь над праектам, перш чым мы пачнём перадаваць значныя пакеты акцый або вялікія сумы грошай. Калі пробны праект пойдзе добра, тады пагаварыце пра пашырэнне сферы адносін. Сэм Альтман з Y-камбінатар аднойчы сказаў што-небудзь у эквіваленце “дрэнны пракат першых супрацоўнікаў можа нанесці шкоду стартапу”.
24. Мішэль Шрэдэр.
Мішэль – прадпрымальнік і блогер, якая вядзе асабісты блог аб фінансах і ладзе жыцця, Разважанне цэнтаў. З 2011 года ён выкарыстоўвае сваю працу ў сферы фінансаў, каб напісаць выдатны змест і перарасці свой блог-бізнес 70 000 долараў даходаў у месяц. Вось яе дзелавыя парады для новых прадпрымальнікаў, якія хочуць пачаць свой бізнэс, стаць самазанятымі і пазбягаць самых вялікіх памылкі ў блогах Там:
«Самая балючая памылка, якую я бачу прадпрымальнікам (альбо неспрактыкаваным), – гэта тое, што яны бачаць іншых у сваёй галіне ніша блога як канкурэнцыя. Гэта ў значнай ступені можа стрымліваць вас, бо вы ніколі не зможаце даведацца пра галіновыя сакрэты і парады, завесці сапраўдных сяброў і многае іншае. “
“Замест гэтага, я думаю, вы павінны бачыць іншых людзей у сваёй галіны ці сваёй нішы калегамі і сябрамі. You should network with others, attend conferences, reach out to people, and more.”
25. Conrad Wadowski.
Founder of GrowHack, an email subscription of 17,000 founders and practitioners focused on repeatable monthly growth. Here’s the business advice Conrad has to impart with entrepreneurs who want to start a business today:
“At this point, I’ve worked closely with dozens of new technology products. Across the board, the most painful mistake I see first-time entrepreneurs make is placing too much focus on building product versus learning from users. There usually isn’t much risk in building software, but there’s a lot of risk in bringing a new product to market.”
“A few ways to solve this include: constantly talking to users, building an audience while or before you build and taking time to learn how users actually behave with your product. Not easy, but if you can really understand which type of user you want to optimize toward, you’ll increase your odds of finding an initial wedge in the market.”
26. Ankur Nagpal.
Ankur is the Founder and CEO at Teachable, the premier online course building platform that allows online educators to build beautiful course websites, self-host content, control the branding, student data, and pricing all from one place. Here’s his business advice for new entrepreneurs who want to start a business:
“The most painful mistake I see people making repeatedly, particularly with their first project is striving for perfection over getting it done.”
“Weeks turn into months, months into years. As a result, whatever they are trying to launch isn’t out there gaining traction in the marketplace because of the fear of being perfect.”
“My advice is to go out and break shit. It’s easier to ask for forgiveness than permission when you start a business. The only way your project, your business idea or whatever is in your mind is going to become better, is by having people use it in the real-world. Listen to them and iterate until you have a solid product.”
27. Laurence Bradford.
Laurence is the creator of Learn to Code With Me, where she empowers people to learn digital skills so they can get ahead in their careers and lives. Her writing has been featured on Forbes, Mashable, and more. Here’s her business advice to first-time entrepreneurs who want to start a business of their own:
“The biggest mistake new entrepreneurs make is not putting themselves out there. If you want to succeed as an entrepreneur, you need to show others what you’re doing.”
“Instead of praying an audience (or customers) will find you, get in front of people in your space. Start a blog, podcast or create video content. Take advantage of social media. Attend in-person events. One way to make “putting yourself out there” easier is by making an effort to help others. (Sounds counterintuitive, I know!) On the individual level, maybe it’s by making an introduction. For a larger audience, perhaps it’s by pursuing and executing on actionable blog post ideas. However, by being helpful you’ll make a lasting impression.”
28. Nathan Latka.
Nathan is host of the fastest growing business podcast The Top Entrepreneurs, and CEO of Send Later, a company he recently acquired after failing to acquire Success Magazine for $5m. He founded the social giveaway SaaS startup, Heyo and is an experienced online educator at CreativeLive where he teaches Facebook Marketing for Small Business Owners. Here’s his business advice for first-time entrepreneurs who want to start a business of their own:
“The most painful mistake I see first-time entrepreneurs make is that they try and invent something totally new because their ego tells them they have to.”
“It’s much smarter to copy a competitor you like, then tweak one or two things that you think will put you over the top.”
29. Tony Stubbelbine.
Tony is the founder and CEO of Coach.me, an app that helps you put your goals into action by actively tracking your performance in diet, fitness, productivity and life. Here’s his best business advice for aspiring entrepreneurs who want to start a business:
“I’ve been trying to start companies for years and I still make this mistake. Planning too far ahead. Many new entrepreneurs are stuck on this idea of what the company could be five years from now. They’re trying to make the five year version of the company happen tomorrow.”
“What they need to realize is that if you have no customers, the next milestone is one customer. A very powerful tactic to overcome this is to help young entrepreneurs focus on building on momentum. That means focusing on the next step and trusting that those first few steps will build to the speed and impact you want.”
30. Steve Rayson.
Steve is a serial entrepreneur and currently co-owner of BuzzSumo and Anders Pink. From his experience starting and growing four different businesses over the years, here’s Steve’s business advice for new entrepreneurs who want to start a business without falling flat:
“Avoid being a single founder.”
“Creating a company is hard work, most startups fail. The one characteristic you need above all others is resilience. You need to be relentless and work harder than the competition, and even then you will have tough times. It is for this reason I have always started companies with more than one founder. It means there is someone to share the load, to reflect and to support each other.”
“It’s not impossible to be a single founder but in my experience it is easier to be resilient and successful as a team.” You can read more from Steve about how BuzzSumo achieved $2.5 million in revenue during their first year right here. I’d also recommend reading my post about starting a business with a friend, in case you’re considering going that route.
31. Preston Lee.
Founder of Millo.co, the premier destination for expert advice from the world’s top freelancers & founders looking to score great work from home jobs. Here’s Preston’s biggest piece of business advice for new entrepreneurs, those looking to learn how to make money blogging and for more, listen to his episode on my podcast about how to get blog sponsorships:
“First-time entrepreneurs almost always focus too much on non-differentiating work. Work that doesn’t make a difference in their business. Work that definitely doesn’t increase revenue.”
“A few simple examples: Redesigning your logo or website a dozen times in hopes of finding that perfect blog layout, setting up every social media account possible, trying to stay on top of said social media. And the list goes on. Instead, focus on revenue. Do the tasks that will increase revenue and reduce costs. Without a focus on that, your business is just a hobby.” To add to what Preston had to say, I’d double down and emphasize that in order to even consider doing work that makes a difference, you need to building and leveraging your entrepreneurial strength every day.
32. Ian Paget.
Also known as Logo Geek, Ian designs logos and brand identities for startups and SMEs. He also has over 80,000 Twitter followers and runs a popular social media group where he creates valuable resources for designers. Here’s his best business advice specifically for freelancers, and for more check out his episode on my podcast about how to become a freelance designer:
“As a designer, I frequently hear horror stories from new freelancers who’ve had a client that vanishes without making a single payment. Designers who have worked for hours, sometimes weeks, yet received nothing in return. It’s upsetting for them, painful to watch, but easily avoidable.”
“To prevent disasters like this, I recommend taking a 50% upfront payment before you even start, then taking the final 50% before any final files are provided. Any client not willing to work this way is unlikely to ever pay and should be avoided. I also strongly advise freelancers to have a written freelance contract, signed by the client, detailing what’s been agreed upon and what will happen in various different circumstances. This will give you ammo should your client be unreasonable, and will also add a level of professionalism and credibility to your service.”
33. Navid Moazzez.
Navid is the world’s leading expert on producing profitable virtual summits. His media coverage includes Forbes, Entrepreneur, The Huffington Post, Business Insider and much more. His mission is to show entrepreneurs what’s really working to build a profitable online business. Find out more about his courses, summits, and expertise on his website. For now, here’s his business advice for first-time entrepreneurs who want to start a business:
“There’s one incredibly painful mistake that I see new entrepreneurs make. It’s painful because it keeps them from success. They feel like they’re working hard, but not making any progress. The mistake? Trying to do too many things at once.”
“Focus, by definition, means narrowing your field of vision and attention. It means choosing which opportunities, projects, and even customers you’re NOT going to pursue. And it’s really, really hard. When I first started online, I was trying to do it all: podcasting, writing epic guides, blogging and I wasn’t doing any of it well. I realized that each time I jumped from idea to idea, I was diluting my efforts.”
It wasn’t until I decided to focus in on just ONE strategy, creating an incredibly high-value virtual summit, that I started to make serious progress in my business. After several months of super-hard concentrated effort, I launched the Branding Summit at the end of 2014, one of the largest virtual gatherings of experts on personal branding anywhere. I grew my email list by almost 3,000 highly engaged subscribers in a few weeks, and generated $20,000 in profit — much more than I’d earned up to that point!”
“Choose the one thing that will move the needle for you and your business. When you try to be the best podcaster, blogger, author, business coach and event producer all at the same time, you end up being mediocre at all of them. Pick one (like learning how to master the art and science of cold emailing). Focus. And work it, hard. One piece of bonus advice: As a newer business owner, one of the biggest ROI’s you’ll get is from investing in growing your email list. Whether you plan on offering a mastermind, writing books or producing online summits, you’ll need a powerful, engaged email list. Make that a focus from day one. If you want to hear the best advice that over 60 online experts and world-class business owners have on list building, check out the online event of the year, List Building School. It’s free, and it’s epic. Ryan here is one of our amazing speakers too!”
34. Tim Soulo.
Tim is the head of marketing at Ahrefs and he runs a cozy little personal blog called BloggerJet, where he’s also covered tons of blogging topics related to doing smart blogger outreach, the best cheap hosting plans on the market, how much it costs to blog and more. Here’s Tim’s best business advice for aspiring entrepreneurs:
“The most painful mistake that first-time entrepreneurs make is they rely on their business idea too much.”
“They’re convinced that success in business is pre-determined by the awesomeness of their business idea alone. And they couldn’t be more wrong. Execution is equally (if not more) important than the actual idea. Ideation is the easy and fun part and execution is the hard and tedious one.”
“That’s why people would rather put faith in their ideas than invest countless hours of work towards making it happen. Like the character of Mark Zuckerberg famously said in “The Social Network” movie: “If you guys were the inventors of Facebook, you’d have invented Facebook.”
35. Caroline Beaton.
Caroline is a writer and entrepreneur helping millennials uncover their professional purpose with stories, statistics and heart. You can find her at carolinebeaton.com,, on Forbes and right here on my blog where she shares her incredible story of going from secretary to self-employed. Now, here’s her best business advice for aspiring entrepreneurs who want to start a business the right way:
“The most painful mistake I see entrepreneurs make is launching before learning. For example, you may decide you want to launch a marketing consulting company, so you hastily make a website, content and reach out to people, but you haven’t yet figured out who your target clientele is. What people actually need help with or what you’re specifically good at. So no one bites.”
“Or you could launch a new app, but you don’t know what sells well in the app store or how to promote it. So even though you have a great product, no one sees it. Or you decide to write a book but haven’t really spent time with the key concept—researching, talking to people—so your book proposal falls flat and feels generic. Publishers ignore it.”
“This common mistake could also be framed as an inspiration/perspiration problem. We’re so inspired by the end result that we forego the process — a lot of which is hard, un-fun work. In turn, we sacrifice the best possible outcome. And this is painful because the solution is retrospectively so obvious: patience. Take time with each new idea; flesh it out; design it fully; have a plan and not just hope.”
36. Bobby Mukherjee.
Bobby is the CEO of Loka, a mobile app development company located in Silicon Valley. He previously started and sold two other companies in the technology space. He knows a thing or two about what it takes to build and sell a profitable business, and here’s his best business advice to aspiring entrepreneurs:
“The biggest mistake first-time entrepreneurs make is being deathly afraid that someone will steal their secret idea. Spoiler alert: Ideas are worthless.”
“It’s the execution beyond the idea that really brings home the gold. So focus on getting out there and meeting as many folks as possible to join your team, give you feedback and point you in the right direction. Any successful entrepreneurial journey is the sum total of a rather large (and under-appreciated) team that came together in a magical way. Get cracking on building yours.”
37. Jason Quey.
Jason helps entrepreneurs connect with influencers and experts to rapidly grow their business together at TheStoryTellerMarketer. He also co-hosts the Content Promotion Summit and teaches other entrepreneurs how to get more out of the content they create every day. Here’s what Jason has to share with aspiring entrepreneurs who need some business advice before they start a business:
“The most painful mistake I see first-time entrepreneurs make is that they don’t count the cost or figure out how they’ll actually make money ahead of time. Since entrepreneurs don’t create a business as a ‘charitable deed to mankind,’ they need to think about where their revenue and profit will be once the business scales.”
“For example, when I launched the Content Promotion Summit with my partner Cody Lister, we started off by focusing on three things. What the costs would be, how much money we’d potentially make and what the key levers for generating more sales (traffic, email opt-ins, and affiliate partners) would be. This gave us key insights into whether or not the business would be worth investing into before we launched. It may surprise you, but by using Noah Kagan’s quant-based marketing system and asking a few friends for benchmark numbers, it wasn’t difficult to get an estimate. In fact, our numbers were only 7% off from our main target.”
38. Lauren Holliday.
Lauren is a full-stack marketer who’s been featured on Business Insider, Entrepreneur, The Muse and more. You can find her on Twitter, Medium, or you can subscribe to her email newsletter. Here’s her business advice for millennials who want to start a business for the first time:
“The biggest mistake new entrepreneurs make is banking on an idea that isn’t valuable to anyone with actual, real-world problems.”
“You read about this new social media tool or this new game or social app. And it’s like: What happened to solving REAL, big, hairy problems as opposed to helping privileged kids send pictures that explode in a day (sorry, Snapchat – first example I thought of)?”
“My advice is to spend time with people who are different than you. This will open up your mind to different people and different problems, allowing you to connect the dots faster and make a real contribution to the world, as opposed to just being the next Mark Zuck.”
39. Cody Lister.
Cody is the founder of MarketDoc where he helps marketers, business owners, solopreneurs and bloggers get more customers from smarter content marketing. He’s also a co-host of the Content Promotion Summit. Here’s his business advice for aspiring entrepreneurs:
“Many first-time entrepreneurs don’t follow the Customer Development Model (the Steve Blank school of thought). They won’t presell their product. They avoid surveying their market, meeting or calling people from their target audience before they pony up substantial money and time building a product.”
“In other words, too often first-timers build a product behind closed doors and don’t get the feedback necessary to ensure they get buy in for their idea. As a result, they don’t reach product-market fit and end up building a product that fails or succeeds by mere chance, not by calculated steps.”
“I recommend that first-time entrepreneurs take this as a real wake up call to avoid making excuses for not getting meaningful product validation before spending resources on development. You need at least 95% confidence that the thing you’re working on will be predisposed to some initial success. There are too many other factors out there working against you when you’re first starting out and are tight on resources that make the road of entrepreneurship hard enough as-is. Don’t make it more difficult for yourself by building a bunch of features no one really wants to pay for.”
“Avoid the common mistake of aiming to be the next Facebook. Achieve product-market fit by focusing on building one core feature better than the competition and make sure that feature solves a big pain point for your audience. Don’t get lost in creating a bunch of features off-the-bat.”
“Keep your first product extremely barebones. Get clear product validation from your target customer before you spend any time or money building a Minimum Viable Product (MVP). Start small. Invest more resources in product development as you generate enough operating income to cover your ongoing research and development expenses. Hold off on executing your product roadmap before you have enough consistent sales revenue to support that vision.”
As a fellow freelance content marketer myself who’s spent years building out content marketing strategies for my clients, I highly recommend Cody’s epic new online course and educational platform, Content Marketing School.
40. Vasil Azarov.
Vasil is a super connector for entrepreneurs. He’s the CEO of Startup Socials, a global community of entrepreneurs that connects and empowers professionals working in the startup ecosystem. He’s also the founder of Growth Marketing Conference, Silicon Valley’s largest digital and growth marketing event. Here’s his best business advice for aspiring entrepreneurs who want to start a business:
“We have an exciting tradition at Startup Socials. Every Friday we meet with entrepreneurs one-on-one and help them solve startup related challenges.”
“One of the most costly and painful mistakes that I see over and over again is hiring in marketing and sales too early. Things tend to go VERY wrong when a founder brings on board a senior sales or marketing person who is lacking entrepreneurial spirit and/or experience working in startups. Instead of hiring full-time, founders should seek out and consult with experienced marketers and sales veterans who work with startups on a daily basis for a fixed fee or company stock based on specific goals.”
“Ultimately, your need to become your startup’s best sales person and best marketer before hiring.”
And remember, the fact that you can recite all the business slang,, blogging terms or industry jargon that’s pervasive within your niche, doesn’t automatically make you a good salesperson. Connect with your target customers and learn how to truly help them.
41. Sol Orwell.
Sol is an entrepreneur with over 15 years of experience, 6 companies and 8 figures generated from his businesses, including Examine.com, the original authority featuring independent analysis on supplements and nutrition. He now writes about entrepreneurship on SJO.com. Here’s Sol’s best business advice for first-time entrepreneurs:
“I have to go with: inaction. New entrepreneurs tend to overthink things that don’t really matter (logo, copy, etc.), but instead of validating their idea, they get lost in the weeds.”
“The advice is simple – just do it. Do a minimum version, talk to some friends, and see if they would be interested in it. If so, make a quick version, and go from there.”
42. Jen Kessler.
Jen Kessler is the CEO and cofounder of Bizzy, a state-of-the-art marketing platform for eEommerce businesses. Jen studied business at Stanford and math at University of Pennsylvania. She’s worked at the forefront of bringing inventive predictive modeling to portfolio management across multiple industries, and is excited to be bringing that innovation to the marketing industry. Here’s her business advice for aspiring entrepreneurs who want to start a business:
“Stay balanced. As an entrepreneur, you need to be constantly processing new information, adjusting your plan, and making decisions.”
“If you are exhausted and 100% monopolized by work, you won’t have the perspective and insight that you need to guide your venture in the right direction. Sleeping, exercising, and having a life outside of work is critical for your endurance as a human information processor and decision maker.”
43. Guillame Decugis.
An engineer turned-marketer, Guillaume, the Co-Founder and CEO of Scoop.it, has experimented a lot with content marketing and developed the lean content marketing methodology as a way to help marketers generate ROI with content. Here’s the business advice he shares with new entrepreneurs who want to start a business:
“In 15 years as an entrepreneur, I’ve made many mistakes and I’ve seen a lot of entrepreneurs do them too. My answer is two-part since these are equally as important.”
“Falling blindly in love with an idea. Entrepreneurship needs passion, but love can be blinding. Many entrepreneurs believe in their idea so much that they fail to validate it. They tend to dismiss negative feedback on their products or neglect collecting some. And they end up missing product/market fit. Overcoming that requires taking some distance with the idea and applying intellectual honesty. My advice is to talk to potential customers or users from day 1 and for every day after that: never stop collecting feedback. We’re now 25 people on the team at Scoop.it, but I still answer support tickets and take sales calls because there’s nothing as real and valuable than a direct conversation with a customer.”
“Thinking that ideas are more important than teams. I hear a lot of first-time entrepreneurs tell me ‘I have a great idea for an app; I just need to find a technical co-founder to code it.’ But successful startups iterate their original idea constantly based on market feedback. Sometimes they even radically pivot like Paypal or Slack. Only great teams can do that, so the execution is much more important than the original concept. And it’s easier to change the idea than it is to change the team.”
44. William Harris.
“The most painful mistake I see most inexperienced entrepreneurs make is not delegating tasks effectively. I actually came from a nursing background where bad delegation meant someone could lose a limb–or worse, their life. The nurses that didn’t delegate would be busier, risking careless errors from trying to make up time by cutting corners. Business owners try to do the same thing.”
“I advise entrepreneurs who struggle with this problem to first get their tasks organized and written down. I like Asana for this. The tasks that they find themselves adding repeatedly are tasks that they should think about delegating. At the end of the month you need to send out invoices, add numbers to your analytics spreadsheet, etc. Find someone else to do that. The hours you save by outsourcing these types of tasks will help you focus on the things that only you can do–like plan the strategy and direction of the business.”
45. Chiara McPhee.
Chiara is the COO and co-founder of Bizzy, a state-of-the-art marketing platform for eCommerce businesses. She studied business at Stanford and Duke, and has a background in marketing and design. Here’s what Chiara has to say as far as business advice to entrepreneurs who want to start a business for the first time:
“Often I see first-time entrepreneurs struggle to organize and process feedback. When starting a company, you’ll get feedback from everyone: your early users, potential customers, investors, friends, and even your second cousin twice removed.”
“I’ve found it incredibly helpful to have a framework in place to systematically collect, prioritize, and implement product features based on customer feedback–both from customers you have, and the customers you want!”
46. Bram Kanstein.
Bram Kanstein is an Amsterdam-based entrepreneur and co-founder of We Are Off The Record, a digital growth agency for startups. Bram also made Startup Stash, a curated directory of 400 resources and tools to help you build your Startup that has helped more than 300k+ entrepreneurs from around the world. Here’s the best business advice Bram has to impart with entrepreneurs who want to start a business for the first time:
“I’ve discovered early on that building long-term value is more important than making short-term money. Sure, you can earn quick cash with some hustle but that won’t help you win in the long run.”
“I see a lot of people starting a business without thinking about the long-term value it can bring them. One of the things me and my business partner decided on when starting our digital growth agency We Are Off The Record, was that we wanted to build value with people and make sure that we’re able to call everyone we now work with, in 5 years and still have a good relationship. I haven’t won at the game of business yet, but I know that building a long-term network is the most valuable thing you can do.”
47. Silas Moser.
Silas and his wife Grace are the voices behind the wildly popular lifestyle, travel and personal finance blog, Chasing Foxes where they teach thousands of monthly readers how to live their best lives with a blog. They’ve written about topics like getting started with the best hosting plans,, picking a domain name that’s right for your niche, and even how to choose amongst free hosting plans if you’re on a tight budget. Here’s the business advice Silas has to share with first-time entrepreneurs who want to start a business of their own:
“Once when I was working at a young startup, I made a suggestion at a business meeting. It fell completely flat, but three minutes later, one of the company’s investors walked through the door and made the exact same recommendation word for word. All of the management lit up, eager to express their approval and that they were on board.”
“Shutting people down because of their position within the company doesn’t express value to them. My suggestion to young entrepreneurs is to treat people well and stay humble, you never know where you could learn something.”
48. Alyce Johnson.
Alyce is the founder of New Stability, a site that teaches new freelancers how to grow a profitable service-based business. She’s also the host of the Freelance FAQ Podcast. I asked her to share with me the biggest mistake new freelancers make (and related business advice) when they start their own freelancing business:
“The most common mistake new freelancers make is not having a business strategy. Many freelancers start their businesses without thinking of the long-term growth their business needs to achieve. This often results on a broad service offering that could potentially be targeting the wrong market.”
“Successful freelancers are specialists in one particular service and not generalists with a broad offering. Specializing in one service area allows freelancers to build their expertise but can also understand their ideal clients. Being a specialist freelancer gives clients confidence that you are a professional in your field.”
49. Rhett Power.
Rhett is an entrepreneur, speaker, consultant and author of the new book, The Entrepreneur’s Book of Actions. He’s been featured on Inc, Fortune, CNN Money and more for his work in the world of business. Here’s his business advice for aspiring entrepreneurs who want to start a business of their own:
“In my first business, we spent the first three years working 8 days a week in the business (and not on it). We weren’t making any progress and in fact we had thoughts of calling it quits. We got a lucky break when a national retailer saw and fell in love with one of our products. That was our saving grace.”
“It forced us to take a step back and take time to think about how we were going to deliver that product on a massive scale. I think many new entrepreneurs spend way too much time working in their businesses and not enough time working on their businesses. If you want to grow, then you have to carve out time to think strategically and think about the big picture, which is difficult to do when you’re first starting.”
50. Matt Feldman.
Matt is the CEO and co-founder of Case Escape. After receiving his MBA from Chapman University at age 23, Matt started his first business in California (which we started together back in 2013) and has since grown it into a worldwide business with over 100 clients and counting. Case Escape was founded with the goal of helping 1,000 entrepreneurs start their own phone case business. Here’s his best business advice for first-time entrepreneurs who want to start a business of their own:
“Many times, I see first-time entrepreneurs start their businesses without really understanding the total scope of work that’s going to be required. This could relate to the overall investment that’s necessary, the detail in your plan of action, or most importantly, personal capabilities and time.”
“While entrepreneurship is a continuous learning process, there still needs to be a solid foundation in order to grow the company. The amount of money you initially invest may not even be a fraction of the total amount needed, when accounting for mistakes and unforeseen events along the way. It’s difficult to balance a lean environment with needing the online business tools to truly succeed. You don’t want to find yourself in a bind where you can’t hire the talent necessary to complete task the right way, and you definitely will not have the time to learn everything yourself.”
“My advice is to plan for a solid buffer with your cash flow, create checks and balances to keep that plan in line, and surround yourself with individuals that will free up your time and resources.”
51. Bryan Teare.
Bryan is a coach and the host of The Quarter Life Comeback Podcast, where he empowers millennials to become the heroes of their own life’s journey. Here’s his business advice to first-time entrepreneurs who want to start a business:
“After quitting my own corporate job two years ago with no plan B, as well as from interviewing several guests about this topic on The Quarter Life Comeback Podcast, I believe that one of the biggest mistakes people make when starting a business is thinking that it’s going to be a kind of golden ticket to creating the life that they want.”
“This often stems from intense unhappiness in their current work situation, as it did for me. However, simply quitting to pursue your own thing causes a lot of stress (not to mention more intense unhappiness) if you’re starting from scratch.”
“These days, I advise young entrepreneurs to see their current employer as an investor in their own business, while they grow their business on the side. One of my guests mentioned that a day job doesn’t need to be seen as a bad thing as long as it helps you develop the skills, capital and/or network you’ll need when you do decide to go out on your own. So, learn to see and appreciate the job as a means to an end.”
“Finally, another crucial mistake I learned from a previous blog I ran is to get REALLY clear on who you’re speaking to and what you’re speaking about before you get started. If you try speaking to everyone, you’ll end up speaking to no one. And don’t be afraid of being too niche. If you’re 1 in a million, there’s still 7000 other people just like you in the world.”
52. Jim Fowler.
Jim is the Founder and CEO of Owler, a crowdsourced competitive intelligence platform. Prior to Owler, Jim founded Jigsaw in 2003 and was CEO until it was acquired by Salesforce in 2010 for $175 million. Before his career in technology, Jim was owner and operator of Lookout Pass, a ski resort in Idaho, and served in the U.S. Navy as a diving and salvage officer. He’s seriously the man. Here’s Jim’s business advice to first-time entrepreneur who want to start a business:
“The number one problem that most entrepreneurs make is being overly optimistic, which often leads to them running out of cash or being cash strapped. Money problems can be seen from a mile away.”
“Entrepreneurs have to be optimistic realists, which allows them to make tough choices ahead of any cash problems. I learned this as a young entrepreneur when running a small ski lodge in Idaho. Overly optimistic, I ran my business based on the best case scenario, and in turn lived in constant and mortal fear of missing payroll or delaying payments to vendors. I’ve since learned to operate with optimistic realism. And have run subsequent organizations by the metrics with clear guard rails in place.”
53. Nick Grant.
Nick is the Co-Founder and Chief Revenue Officer of Killer Infographics, a Seattle-based leader in visual communications and the design of infographics, motion graphics, and interactive infographics. Here’s the business advice Nick has to share with new entrepreneurs who want to start a business of their own:
“One of the most painful mistakes I see way too frequently is when entrepreneurs underestimate the importance of a robust marketing and sales strategy for their fledgling business.”
“Many new CEOs are hyper-focused on making their MVP, but they don’t really have a long-term vision for how to make their companies profitable. I would recommend designating marketing and sales as a day-one priority. This will help your business earn fans before the MVP ships and ensures that what you create is truly something that a customer will want to pay for.”
54. Austin Belcak.
Austin is an entrepreneur, author and the founder of Cultivated Culture, where he teaches millennials how to land their dream jobs, skyrocket their salaries and work 100% remote jobs in a matter of months. Here’s his best business advice for first-time entrepreneurs who want to find a side hustle idea:
“My best piece of advice is to focus on taking small steps and being consistent. It’s going to take time and it’s going to take work, you can’t start a successful side business overnight. With that in mind, you should start by doing three things.”
“First, come up with a tangible, overarching goal. This could be something like landing 5 clients at an average of $1,000/month per client in the next 6 months or building an email list of 1,000 subscribers, launching a course and selling at least 50 copies in the next 8 months.”
“Second, take time every night to write down a goal for the next day that will take you one step closer to your greater goal.”
“Then third, block off 1 hour every day to accomplish that goal. If you complete your goal in the first 30 minutes, use the next 30 to start on the next step that brings you even closer to your bigger picture goal.”
“That’s the easy part. The tough part, and the part that will make or break your success, is being disciplined and repeating these steps at least 5 or 6 days each week. If you can stay consistent, the results will add up and you’ll surprised at how quickly you’ll progress.”
To add to what Austin said, creating a regimented schedule of exactly when you’ll be working on your side business can help you stay in the clear with your day job and avoid making costly mistakes that could get you fired (or sued).
55. Josh Kraus.
Josh Kraus is a Chicago-born, Denver-based writer and mediocre autobiographist who likes to make things. When he’s not writing, he attends to his t-shirt business, Bird Fur. Find him at joshkra.us and birdfurtees.com. As a freelance writer by trade, I asked Josh to tailor his success tip to freelancers specifically. Here’s his best business advice for new freelancers:
“The most painful mistake I see new freelancers make is taking jobs at content mills, or other jobs with content mill prices, and get stuck doing those jobs long after they should have left.”
“It’s okay to take a job writing blog posts for 1 cent a word in order to build a portfolio, but once you’ve got a few good pieces from it, for the love of god get out! Use them to help you further your career, don’t let them use you.”
Learning how to write a kick-ass freelance proposal will teach you a lot about positioning your value, highlighting your strengths and selling yourself as a premium service-provider to your clients.
56. Chris Winfield.
Chris is an entrepreneur, writer and coach based in NYC. He writes about productivity, finding happiness and creating a lifestyle you’ll love for publications like Inc, Entrepreneur and Time. Here’s his business advice for first-time entrepreneurs who want to start a business of their own:
“The biggest mistake first-time entrepreneurs tend to make is not asking for help OR not asking for the right help from the right people.”
“And a close second is not following up and nurturing those relationships when they do ask for help. There’s something that Tony Robbins always says about the importance of ‘standing on the shoulders of other giants’ and I think this is such an important thing for people to keep in mind.”
“Pretty much anything you are going to go through, someone else has already gone through. Pretty much any feeling you are going to have, someone else has already had. Any obstacle, any roadblock, ANYTHING! Someone has come up against them and figured out a way to get around them. Tap into that. Whether it’s reading a book, reaching out or shadowing someone, get help and then do it better.”
57. Bill Reichert.
Bill has over 20 years of experience as an entrepreneur and operating executive. Since joining Garage Technology Ventures in 1998, Bill has worked with his partner, Guy Kawasaki to focus on investing in early-stage information technology and materials science companies. Here’s Bill’s best business advice for young entrepreneurs who want to start a business for the first time:
“One of the biggest mistakes entrepreneurs tend to make when raising capital is listening to investors.”
“When investors tell you why they don’t like your pitch, they’re almost always lying. They’ll usually tell you that you’re too early, or you need more traction, or you need too much money, or you need too little money.”
“But if they really thought you had something brilliant, they wouldn’t let you out of their sight. They’re simply offering an excuse for not liking your company. Don’t walk away thinking that the problem is that you just aren’t a fit. You need to find out what’s really wrong with your story. Don’t count on investors to tell you. Get a few good, savvy mentors or advisors to tell you the truth.”
58. Oleg Shchegolev.
Oleg is the co-founder and CEO of SEMrush, an all-in-one marketing toolkit for digital marketers. Oleg has grown SEMrush to 400 employees in four offices around the world and in 2016 they celebrated 1 million users (!!!) with clients in more than 100 countries. Here’s Oleg’s best business advice for first-time entrepreneurs looking to start a business of their own:
“First-time entrepreneurs pay too much attention to what other companies are doing without thinking for themselves.”
“Every company is unique and has an entirely different DNA. A particular strategy may not work for your company, but that doesn’t mean that it won’t work for mine and vice versa. My piece of advice is that you should always ask yourself: Why didn’t that strategy didn’t work for them, and will it work for me?”
“What is the difference between our companies? Why did that strategy bring them difference results when it will never deliver the same for us? What is the difference in our DNA?”
59. Tomas Laurinavicius.
Tomas is a lifestyle entrepreneur and blogger from Lithuania and has even dabbled in a bit of his own travel blogging over the years. He writes about habits, lifestyle design, entrepreneurship and we’ve had many conversations about managing taxes for bloggers too. Right now, he’s traveling the world with a mission to empower 1 million people to change their lifestyle for good. Here’s Tomas’ best business advice for aspiring entrepreneurs wanting to start a business today:
“First, let yourself wander. Try new things, meet people outside of your comfort zone and travel.”
“It will help you design your personal MBA which will teach you more than any formal setting out there. Learn to read people, master the art of communication and become comfortable with being uncomfortable. Once you figure out what drives you, use that power to help people.”
60. Eric Siu.
Eric Siu is the CEO of digital marketing agency Single Grain, which has helped venture-backed startups and Fortune 500 companies grow their revenues. He’s also the founder of the marketing podcast, Growth Everywhere and does a daily podcast called Marketing School with Neil Patel. Here’s Eric’s best business advice for getting started today:
“For any business owner it is crucial to define processes behind every goal and KPI. Success is the continued refinement of these processes until results start to show.”
“Entrepreneurship requires continued learning and if you’re not constantly learning and testing new things, then eventually your competitors will take the lead. The trick is to quickly access new tactics and incorporate those that work to enhance your business goals.”
“Networking is the other main thing I see many new entrepreneur ignoring. Talking to the right person can be 100x more beneficial than some course or tactic alone.”
61. Jan Lukacs.
Jan is the CEO at Paymo, an online project management solution for small businesses looking to take away the pain of planning, scheduling, task management, time tracking, and invoicing. When asked to share his best business advice for new entrepreneurs, Jan shares:
“Focus all your energy toward one big objective. Try to become a laser, avoid being a stroboscope.”
“As an entrepreneur, your customers and your team rely on you to deliver. Try to harness your team’s energy towards your vision and do everything you can to avoid being distracted. A lot of businesses fail once the vision becomes blurry.”
What business advice would you like to add?
Did I miss anything either anyone that should’ve been mentioned in this post?
If so, please share their name with us in the comments below in the name of helping others start a business that’s positioned for success.
Otherwise, I’d love to hear which piece of business advice cut deepest for you.