Advice from famous entrepreneurs to new entrepreneurs

Marketing Podcast

"Marketing Guide To Grow Your Business"

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#37. Advice from famous entrepreneurs to new entrepreneurs

What advice are famous entrepreneurs giving to new small business owners?

Check out the entrepreneur advice from:

Richard Branson, Arianna Huffington, Laurence Bradford, Mark Cuban, Robert Herjavec, and many more.

This advice applies to start-up owners and all new small business owners.

 

Summary:

Richard Branson

Virgin Group

The best businesses come from people’s bad personal experiences. If you just keep your eyes open, you’re going to find something that frustrates you, and then you think, ‘well I could maybe do it better than it’s being done,’ and there you have a business.

 

Arianna Huffington from the Huffington Post

"If you're going to start a business, you need to really love it, because not everybody is going to love it. When The Huffington Post was first launched in 2005, there were so many detractors. I remember a critic who wrote that The Huffington Post was an unsurvivable failure."

"When you get reviews like that and detractors like that, you have to really believe in your product. When you really believe in your product, you are willing to deal with all the naysayers and persevere."

 

Laurence Bradford, she is the creator of Learn to Code with me

"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."

 

Mark Cuban

Shark Tank

"What I always ask people is, (1) is it something you love to do and (2) is this something you're good at?"

 

Another shark tank guy.

Robert Herjavec. He’s also build multiple companies and sold some to AT&T.

"You have 90 seconds, if you’re lucky. If you can’t make your point persuasively in that time, you’ve lost the chance for impact. Facts and figures are important, but it’s not the only criteria, you must present in a manner that generates expertise and confidence."

 

 

 

Tony Stubbelbine

He started Coach.me, the website that heps you put your goals into a tracking system.

"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."

 

Nick Grant is the co-founder and Chief Revenue Officer or Killer Inforgraphics

"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."

 

Jen Kessler

She created a marketing and email software platform.

"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."

 

Slophia Amoruso.

She took store Nasty Gal from ebay to a multi-milion dollar clothing line.

"Don't give up, don't take anything personally, and don't take no for an answer; you never know what you're going to learn along the way."

"The people who told me no, were the people that eventually told me yes; so don't forget it."

 

 

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