Very key entrepreneurship advice for aspiring business owners and upcoming entrepreneurs. Learn from successful entrepreneurs and those men and women who have recorded great successes in their careers.
You’ve probably heard entrepreneurship advice thousands of times and more. You are not alone. But just like a car always needs fuel to keep moving, we need those words of inspiration and motivation every now and then to stay motivated, focused and most importantly make better decisions as entrepreneurs.
In this article, I want to share with you some great entrepreneurship advice as given by the famous and successful people, so as to rekindle that entrepreneurship fire in you and inspire you to become a more successful entrepreneur.
Okay, guys, here are the must-read entrepreneurship advice:
1. Persevere – Steve Jobs
“Find something you are really passionate about because [entrepreneuarship] is a lot of work. And I’m convinced that about half of what separates the successful entrepreneurs from the unsuccessful ones is pure perseverance.”
“It is so hard you put so much of your life into this thing, there are such rough moments and time that most people give up… So, unless you have a lot of passion about this …you gonna give it up… you’re not gonna have the perseverance to stick it through.”
2. Work hard – Mark Cuban
Be disciplined and focused to do what is necessary to be successful. Understand what your skillset is, find the right place to use those skills and go for it. Work hard.
3. Act despite fear – Elon Musk
“There are just times when something is important enough, you believe in it enough that you do it in spite of fear.”
4. Focus – Will Smith
“I realized that to have the level of success that I want to have it is difficult to spread it out and do multiple things… in order to be world-class, it takes such desperate, obsessive focus to excel. You really got to focus with all of your fibre and all of your heart and all of your creativity, ”
5. Learn from failure – Tony Robins
“Failure is part of life. I look at failure as a stepping stone to success. It is a speed bump. I know I’m gonna fail, but, it is not a failure if you’ve learned something.”
6. Work on yourself – Oprah Winfrey
“Your real work is to figure out where your power base…the number one thing you have to do is to work on yourself.”
photo via aarp.org/entertainment
7. Define out your circle of competence – Warren Buffett
“Defining your circle of competence is the most important aspect of investing. It is not how large your circle is. You don’t have to be an expert on everything. But knowing where the perimeter of that circle of what you know and what you don’t know is and staying inside of it is all-important.”
8. Always bring your a-game – Kevin O’Leary
“…whatever you do, somebody can do it better. You have to bring your A-game every single day. There is nothing unique about any one individual. What is unique is the passion, the ability to execute, to meet targets and exceed then.”
9. Be hardcore – Steve Ballmer
“There is an advantage to what I like to call now hardcore… I don’t know how to describe it. It is a combination of tenacious, dedicated, passionate and committed. The most hardcore people could just power through anything.”
10. Leave your comfort zone – Richard Branson
“I think most of the best entrepreneurial ideas come out of frustrations… If you’re frustrated about something the best way of sorting it out is get out and do it and you got yourself a business.”
11. Big things start small – Jeff Bezos
“…Big things start small. The biggest oak starts from an acorn. If you want to do anything new, you’ve got to be willing to let that acorn grow into a little sapling and then finally into a small tree. Maybe one day it will be a big business in itself.”
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