While the definition of entrepreneurship has stayed constant for decades, the possibilities for aspiring entrepreneurs sure have come a long way.
Think about it: 100 years ago, what options did an entrepreneur have? If you didn’t have the skill to make something, and didn’t have the capital to buy something, you were out of luck.
Fast forward to today, and there are 582 million entrepreneurs in the world. The opportunities have exploded.
Let’s take a look at the top tips shared by startup entrepreneurs, and how you can use these tips to overcome the challenges that come your way.
Dez Stephens of Radiant Health Institute shares,
“The ONE piece of advice I’d give someone who wants to be an entrepreneur is to start your business with no debt and no overhead. That’s how I started my company six years ago and it greatly increased my inevitable success.”
One of the best entrepreneur quotes comes from Swati Davidson, who says:
“Trust your intuition. The reason is simple: In order to beat your competitors and grow rapidly, you’ve got to be able to spot those key opportunities and then take action, even when risky.
“This requires “instinct” and the confidence to act up on it. Some call it luck, but it’s not. It’s having the courage to trust your gut.”
Keval Baxi of Codal Inc. shares,
“One piece of advice that I’d give to someone who wants to be an entrepreneur is to be reliable. If you say you’re going to do something, do it.”
Chrys Tan of Chrys Media says,
“The one piece of advice that I would give to an entrepreneur would be to embrace failure. Failure is guaranteed when you are an entrepreneur, whether it is the failure of meeting a number of targeted sales or even the failure of a business.
“But if you know that experiencing failure is guaranteed when running a business, you wouldn’t fear failure but embrace failure instead. When you embrace failure, you take on more risks and you move past failures faster as well.”