If you were going to start your business over again, what would you do differently? For STM Goods’ co-founder Ethan Nyholm, getting an overview of the company’s cash and profit and loss performance used to be complicated.
Startup Daily editor Gina was live on Facebook to chat with Flying Solo’s Peter about how entrepreneurs measure and define success:
It’s often very amusing trawling through the startup zeitgeist to see how many posts there are on ‘How to succeed’ or ‘The secret to startup success’. I read these articles and wonder how this journalist is in any position to be dictating specific steps on how to be successful within a technology business.
Many entrepreneurs shy away from revealing their failures, even if those failures proved to their stepping stones to success. Founder of DrinkSpot, Nick Crang, on the other hand, candidly shares why he was left with a burning hole in his pocket and what he learned from the frustrating experiences he was faced with throughout his startup journey.
Following a conversation with an entrepreneur about investment activity in Portugal, I learned how important it is for entrepreneurs to share valuable information, despite competition.
I’ve been in business for 7 years. I’ve screwed up a lot. But thank goodness after multiple ebook purchases and conference ticket purchases, I’ve managed to figure out the secret. Whew!
At some point in your life, you have probably thought to yourself ‘how do I make money?’ or ‘how do I become successful in business?’. What differentiates people who have become successful from those who have failed? What can I do to increase my chance of succeeding instead of the dreaded failure?
Founder of Women as Entrepreneurs [WE] Orsi Parkanyi looks today at 13 critical habits Entrepreneurs should be in the habit of doing in order to remain at full charge and be able to run a successful business that grows.
Most people give up when success is just around the corner. Ultimately you have to back yourself and you have to keep going when others give up. That’s the difference between an ordinary business and an extraordinary business. The extraordinary business never gives up. They may reassess and adjust but they continue to move forward. They have plans and goals and they will not let anything deter them from making those goals and plans.
It is not an easy task to change the way a customer consumes a product, even viewing content on the internet instead of in the newspaper took a while before the printing industry really made it a part of their strategy. For something like wine though, a beverage [even an experience] steeped in tradition it was always going to be hard to change the way people viewed the product and give them a value proposition that would make the product something consumers wanted.
Businesses that succeed, and achieve exceptional results, are often run by exceptional people. A good idea, hard work and passion can get you far, but there are certain qualities that will help you along to road to business success. Don’t worry if you are not all of the things listed below, there are exceptional businesses run by people that are not all of these things, as they are traits that can be learned