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Saturday, 15 January 2022 19:00

Business Success - 3 Key Advice for New and Intending Entrepreneurs

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You want to start your own business, and you’re wondering what it takes to succeed? What it takes to be the best? And what it takes to make it to the top? Read this….

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An African proverb says: "If you want to know what is underground, ask the Rabbit".

And so who else may we ask about business success than the ones who have tasted business success?

During a live question and answer session, Mark Zuckerberg, the Facebook co-founder and CEO was asked to mention three traits of people who make it to the top. See his answers!

Success Key 1
First and foremost, successful entrepreneurs have a specific vision, said the Facebook co-founder and CEO. They pinpoint the exact problem they want to solve.

"If you want to build something great, you should focus on what the change is that you want to make in the world. I see too many entrepreneurs who decide that they want to start a company before they actually know what it is that they want to build. To me, that seems backwards."

Success Key 2
Secondly, they surround themselves with other highly successful and motivated people.

"No one does it alone. When you look at most big things that get done in the world, they're not done by one person, so you're going to need to build a team."

To build the strongest team possible, look for people who excel in the areas where you're weaker or less experienced.

"You're going to need people that have complementary skills. No matter how talented you are, there are just going to be things that you don't bring to the table."

Success Key 3
Thirdly, the entrepreneurs who make it big are persistent. The ones who come out on top are the ones who refuse to give up despite the inevitable trials and tribulations they face throughout the process.

"Nothing ever goes the way you want it to. People talk about overnight success, and that's not the way it works."

"The biggest things that have gotten done in the world tend to be done by people who primarily believe in a mission and are not trying to build a company; by teams, not by individuals; and by people who just don't give up."

Related: Your Smart Guide to Starting a Small Business

Related: 5 Reasons Why a Small Business Fails

Related: Don't Start A Business Until You Watch This

You may like: 5 Wealth Secrets That Made Bill Gates Very Rich and Successful

Stay Smart, Wealthy and Wise!

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© Jay Onwukwe
Credit: Yahoo Finance
Credit:  Kathleen Elkins, CNBC

Read 980 times Last modified on Saturday, 29 July 2023 19:29

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