People dream of being their own boss and starting their own company. Paul Herdsman shares 12 strategies he uses as a successful entrepreneur, and what separates those who succeed from those who fail.
Paul Herdsman practices daily gratitude and says a positive attitude makes a big difference in everything we do. He says being grateful for what we have releases negativity that might be present. It makes us better problem solvers and gives us more energy.
He talked about taking risks and being willing to fail. Without a leap of faith, you’ll never know whether or not your idea will work. He said you should gather information and carefully assess the risk before making a decision.
When you enjoy what you do, you’ll want to do it and shows. We can ask ourselves things like what’s our passion, and what excites us? That way we’re more willing to put our time and energy into our business.
He said to have a vision and be clear on the path you want to take. What do you want your business to look like in ten or fifteen years? What are your goals? What’s preventing you from achieving them? What do you need to change to get back on track?
He said when you get caught up in the details of running a business reflect on why you started in first place. And remember what your vision was. As a successful entrepreneur who uses these strategies, Paul Herdsman says it helps shift the way you look at things. (Read; 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman)
You can’t do everything alone. It takes a group of people working as a team to be successful. The people we spend time with is who we become, so look for people with character and values.
He says to look for people that complement our skills and weaknesses. Having a wide range of skills makes it easier see things from a different point of view, and get things done.
He said there are no shortcuts, success doesn’t happen overnight. It takes time and effort, and there’s lots of work to be done, like sales, marketing, and finance. We need to ask ourselves if we’re willing to do what it takes to be successful.
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He said people who are successful have learned from their mistakes. Keeping track of our mistakes gives us the chance to reflect on them. We can look at failure as a learning opportunity.
He talked about knowing the people you serve and giving them the solutions, they require. As a successful entrepreneur, Paul Herdsman uses these strategies and understands that connecting with customers and listening to their feedback is essential for growing a successful business. Visit This Page on Bloomberg for more information about Herdsman.
Delivering above and beyond what’s expected gives your customers a reason to choose you over anyone else.
Be persistent, stick with it and see things through. Ideas and aspirations get lost when people don’t do what it takes to move forward. Don’t give up when things take longer than expected, keep going.
He said it’s important to find the right mentor because it can be hard to keep perspective as a business owner. The right mentor can offer advice and a fresh perspective on things.
As a successful entrepreneur, Paul Herdsman knows the value of finding a mentor that’s trustworthy and a good listener. Find someone who’s doing what you want to do so they can help you grow and start your business.
Learn to say no when necessary so you can focus on what’s important to you. There might be good ideas along the way, but you can’t afford to focus on all of them. In conclusion, he says you need to be able to focus your time and energy on the ideas that best support your business to be successful.
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