Saturday, 10 December 2016

How to Being a Successful Entrepreneur by Matt Redhawk

Being a successful entrepreneur is a journey. Matt Redhawk says that the journey to successful entrepreneurship is not the same for every successful businessman, but that successful entrepreneurs share some attributes.

Do what you love
Translating what you love doing into a profitable venture is one way of ensuring that you will work hard at it.  You will also forego the time you would have spent learning what works and what does not work.

Have a plan
An entrepreneurship is like a journey. There is a start and a route with milestones. Have a business plan that you constantly update. It will tell you how far you have gone and if you are still on the right path. 

Keep learning
The business world is dynamic. There is constant change in your customer’s needs, technology, business regulations and so on. Stay ahead of the pack by self-improvement. Learn new skills continuously to maintain a competitive edge.

Get a solid team
A successful venture is one that seeks for opportunities and takes them. An expansion means more people working on the job. The team you put on the job can make or break your venture.

Build reputation
Matt Redhawk says building a rep is one of the quickest ways to get ahead. Make a name for yourself in your industry by building a rep as an expert. Contribute to opinions, write papers and offer solutions to industry challenges. You will grow your venture as customers will have more interest in your expertise and product.