TIPS: The best business advice

TIPS: The best business advice

Founders and CEOs of large companies have given some tips for successful business

Founders and CEOs of large companies have given some tips for successful business. Most of the advice is about continuous improvement, progress, and learning.

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“Do what you love, the rest will just come”

Dennis Crowley, CEO of Foursquare, a $140 million mobile application, used this advice in his work. When he was little, his mother repeated this sentence to him and taught him to always follow his heart and believe in his visions. You should never let others tell you how bad your ideas are.

“The fastest way to income”

Rick Alden says that new ideas are not a problem for the creative team. The problem is when you have to reject nine great ideas because of a lack of resources to get a new product on sale as quickly as possible. The founder of several snowboard companies, “stole” this advice from the book “The Art of the Start” by Guy Kawasaki. It was this book that helped him put his ideas into action.

“Surround yourself with a great team and slowly build it”

This excellent advice was given by Sheila Johnson, founder and general manager of the Salamander Hotel. He believes that investing in a good team is one of the most important investments. You need to be careful when choosing your team and it will pay off.

“Always know your next step”

When you’re a small business owner, you need to know that no one will love your business as much as you do, so you need to protect it. Melinda Emerson, founder and CEO of Quintessence Group, advises you to always stay in touch with people you didn’t hire but liked. You never know when you will need their help.

“Spend most of your time looking ahead”

MGM International Resorts is a well-known casino industry. Its founder, Kirk Kerkorian, advises that “just look ahead” is the best approach to business, especially since this type of industry is quite fickle.

“If you wait for evidence, you will be followers, not leaders”

Christine Day is considered an executor and it is precisely these qualities that led her to turn a small company into an international force. Now he is at the head of the specialized portal Luvo, and he has several enviable positions behind him.

“There is great value in progress and going beyond one’s own framework of knowledge and skills”
Just because you weren’t in the center of things doesn’t mean you can’t become a professional. Diane Bryant, vice president of Intel, received this advice from a colleague at the beginning of her career. He points out that it is important to understand the client as well as possible because the chances of success are greater.

“Stop being afraid and jump”

It wasn’t easy for Rehan Choudhry to leave his old job and start Life is Beautiful, a festival featuring music, food, learning, and art. He got this advice from his mentor who gave him a “wind at his back” for leaving his old job and starting his own. Choudhry says there is no right time to make a shift, you can make it at any time in your life, and most importantly, you should.

“Be a man”

It’s easy to focus on transactions, especially when you’re struggling to start a business. But the most important thing to remember is that your clients are also people. Stop and notice the person sitting next to you. Such an approach can change the world.

“Trust yourself”

This advice speaks volumes.