Posts tagged advice

5 Pieces of Advice Every Young Entrepreneur Should Know

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  1. Decide who you are.
  2. Have a plan.
  3. Have a backup plan.
  4. Be realistic.
  5. Create balance.

For more, read small-business expert and entrepreneur Brian Moran’s “5 Things I Wish I Had Learned as a Young Entrepreneur,” on OPEN Forum.

Flickr user: Vernon Chan

Thought leaders like Richard Branson of Virgin and Arianna Huffington of the Huffington Post share the life lessons they wish they had known when they were in their twenties. From Huffington:

 ”Don’t just climb the ladder of success—a ladder that leads, after all, to higher and higher levels of stress and burnout—but chart a new path to success, remaking it in a way that includes not just the conventional metrics of money and power, but a third metric that includes well-being, wisdom, wonder and giving, so that the goal is not just to succeed but to thrive.”

Best known for his workplace comic “Dilbert,” Scott Adams is also a serial entrepreneur. With 30+ businesses under his belt, Adams knows a bit about success and failure. 
Adams on finding the right business partner:

“Humans are flawed creatures, and we’re all crazy in our own ways. If you get the wrong kind of crazy—the destructive kind, the toxic kind—then there’s no recovering from that.” On the other hand, if you find someone just insane enough, you’ll find they’ll have more creative and off-the-wall ideas and solutions than you could ever imagine.

On the value of “bad” ideas:

“What I learned—humbling and shocking at the same time—was that the readers couldn’t tell the difference between my genius inspiration that came out of nothing and the 15-minute horror story that I had to throw together because I simply had to.”

Get five more lessons about success and failure from Scott Adams on OPEN Forum.

Best known for his workplace comic “Dilbert,” Scott Adams is also a serial entrepreneur. With 30+ businesses under his belt, Adams knows a bit about success and failure. 

Adams on finding the right business partner:

“Humans are flawed creatures, and we’re all crazy in our own ways. If you get the wrong kind of crazy—the destructive kind, the toxic kind—then there’s no recovering from that.” On the other hand, if you find someone just insane enough, you’ll find they’ll have more creative and off-the-wall ideas and solutions than you could ever imagine.

On the value of “bad” ideas:

“What I learned—humbling and shocking at the same time—was that the readers couldn’t tell the difference between my genius inspiration that came out of nothing and the 15-minute horror story that I had to throw together because I simply had to.”

Get five more lessons about success and failure from Scott Adams on OPEN Forum.

Be patient. (What do you think of this advice?)

Be patient. (What do you think of this advice?)

goodideaexchange:

6 CEO Productivity Tips to Steal for Yourself
“Whether you aspire to run your own business or want to be more productive at your current job, check out this list of CEO-proven tips that you can apply to any facet of your life.”


"Take breaks every 90 minutes" and more helpful productivity tips!

goodideaexchange:

6 CEO Productivity Tips to Steal for Yourself

Whether you aspire to run your own business or want to be more productive at your current job, check out this list of CEO-proven tips that you can apply to any facet of your life.”

"Take breaks every 90 minutes" and more helpful productivity tips!


"My approach is always to admit as early as possible that the approach is failing and work to resolve the situation, without letting it drag on.
“I’ve had to make some really tough decisions but ultimately, I think the best companies are those that can recognize when something isn’t going right, and fix it, instead of just turning a blind eye because it’s easier.”

Ben Lerer, co-founder and CEO of Thrillist Media Group
Read more great pieces of advice from famous entrepreneurs on Fast Company.
Flickr user: TechCruch

"My approach is always to admit as early as possible that the approach is failing and work to resolve the situation, without letting it drag on.

“I’ve had to make some really tough decisions but ultimately, I think the best companies are those that can recognize when something isn’t going right, and fix it, instead of just turning a blind eye because it’s easier.”

Ben Lerer, co-founder and CEO of Thrillist Media Group

Read more great pieces of advice from famous entrepreneurs on Fast Company.

Flickr user: TechCruch

she-works:


E.R., Indianapolis, IN
We want to hear from women: What’s your note to self – a piece of advice that’s helped you at work? Share your advice at http://she-works.tumblr.com

Such a good way of thinking about problems that may seem large now, but may ultimately mean nothing in the grand scheme of things.

she-works:

E.R., Indianapolis, IN

We want to hear from women: What’s your note to self – a piece of advice that’s helped you at work? Share your advice at http://she-works.tumblr.com

Such a good way of thinking about problems that may seem large now, but may ultimately mean nothing in the grand scheme of things.

From Malcolm Gladwell: Best Business Lessons From The Bestselling Author

Small-business owners can learn a lot from the rise of Malcolm Gladwell’s star, not to mention his collected works of nonfiction.

There is, for example, his undaunted persistence in the face of early rejection. While most people now know Gladwell from his insightful articles for The New Yorker and his bestselling books, The Tipping Point, Blink and Outliers, few know that his undergraduate grades didn’t qualify him for graduate school, which led to his decision to pursue advertising … a career he never actually entered because he couldn’t get a single agency to hire him.


nasdaq:
“The key enterprising skills I used when first starting out are the very same ones I use today: the art of delegation, risk-taking, surrounding yourself with a great team and working on projects you really believe in. As you mentioned in your letter, I suffer from dyslexia but was able to turn this to my advantage. I delegated the areas I struggled with to people who also believed in the project. This freed up my time to focus on what I was good at – the strategy of the magazine, making contacts and developing marketing.” 
 

That’s advice from Virgin Founder Richard Branson, in a letter he wrote recently to a 12-year-old girl. Want to read more? Check out the full article here: http://www.linkedin.com/today/post/article/20131017113836-204068115-advice-for-a-business-studies-student

nasdaq:

“The key enterprising skills I used when first starting out are the very same ones I use today: the art of delegation, risk-taking, surrounding yourself with a great team and working on projects you really believe in. As you mentioned in your letter, I suffer from dyslexia but was able to turn this to my advantage. I delegated the areas I struggled with to people who also believed in the project. This freed up my time to focus on what I was good at – the strategy of the magazine, making contacts and developing marketing.”

 

That’s advice from Virgin Founder Richard Branson, in a letter he wrote recently to a 12-year-old girl. Want to read more? Check out the full article here: http://www.linkedin.com/today/post/article/20131017113836-204068115-advice-for-a-business-studies-student