Saturday, January 15, 2011

10 Business Lessons From Ten Outstanding Entrepreneurs

                              What they have taught me:
  1. Don’t be afraid of the global market. Persevere and believe that your products are world-class.
  2. That a multi-level marketing business, if done the right way, can be successful and sustainable.
  3. Give what your market wants, innovate and provide quality products and service at affordable prices and you’ll grow your clientele
  4. Find something that’s easy for you and hard for others to do, that’s how you find the right business to go into
  5. The best time to start a business is always now. Opportunities are out there, amidst bounty or in spite of crisis
  6. No matter where you are, there are business opportunities you can seize. And with proper planning and enough hard work, even the littlest capital can grow a thousand-fold.
  7. Before starting the company, he didn’t know anything about the salon industry nor about franchising. His success is proof that with motivation and focus, you can learn and achieve anything.
  8. Never underestimate the competitive edge of good customer service. People not only wants value for their money, but also to feel that they’re an important part of your business
  9. To be truly successful, an entrepreneur should learn how to provide value to the community. For it is only when you are able to provide value that income opportunities become long-term
  10. Social entrepreneurship is for everyone – it is not exclusive to NGO’s and volunteer groups. There is nothing better than having a successful business that helps other people and changes lives.

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