Here are 20 pieces of business advice from successful entrepreneurs to help you become a great entrepreneur
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”
“Make every detail perfect and limit the number of details to perfect.”
“Alibaba is not just a job. It’s a dream. It’s a cause. Let the Wall Street investors curse us if they want”.
“Do the work.Out-work.Out-think.Out-sell your expectations. There are no shortcuts”.
“Don’t play games that you don’t understand, even if you see lots of other people making money from them.”
“Remember, the universal language is not texted, emailed, or spoken, it is felt.”
“Be crazy and don’t seek too much advice on what you propose to do.”
“Read Steve Martin’s book “Born Standing Up”.Seriously “Be so good they can’t ignore you.”
“If you’re competitor focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.”
“People want to do business with someone they like. If people like you, they’re going to want to do business with you”.
“You cannot connect the dots looking forward, you can only connect them looking backward. So you have to trust that the dots will somehow connect in the future”.
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
“The biggest risk is not taking any risk. In a world that’s changing really quickly, the only strategy that is guaranteed to fall is not taking risks.”
“Balance is a long-term game. It’s all work, all the time, it feels exciting. It’s more intense than ever. I don’t know how people do it without a partner.”
“Products evolve based on assumptions that eventually become outdated. This is every incumbent’s weakness and startup’s opportunity”.
“Find a way to say yes to things. Say yes to invitations to a new country, say yes to meet new friends, say yes to learning something new. Yes is how you get your first job, and your next job, and your spouse, and even your kids.”
“My mother always taught me never to look back in regret but to move on to the next thing. The amount of time people waste dwelling on failures rather than putting that energy into another project always amazes me.”
“This is, I think, the big problem with the competition; it focuses us on the people around us, and while we get better at the things we’re competing on, we lose sight of anything that’s important, or transcendent, or truly meaningful in our world”.
“I always did something I was a little not ready to. I think that’s how you grow. When there’s that moment of “Wow”, I’m not really sure I can do this,” and you push through those moments, that’s when you have a breakthrough.”
“If you love what you do and are willing to do what it takes, it’s within your reach. And it’ll be worth every minute you spend alone at night, thinking and thinking about what it is you want to design or build.”
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