How to be a Successfull Entrepreneurship

Posted by Unknown Wednesday 22 May 2013 0 comments


Every businessman would want to earn revenue by millions of dollars in United States (U.S.), or billions of dollars in business 5 years running. What are the important tips to reach it?
Excerpted from the Sydney Morning Herald, The Australian businessman Rohan Gamble, Tristan Sternson, and Paul Wilson have started their businesses from the ground up to earn U.S. $ 1 million dollars in the first 5 years of running his business.
Gamble, invested all his money to start a business Mozo, who compare interest rates and fees credit cards, home loans, and a wide range of financial products.
The business was launched in October 2008, amid the global financial crisis, but now the business is generating a turnover of U.S. $ 5 million or around Rp 47.5 billion.
While Sternson, the company's success through InfoReady built since 2008. The company offers information and consultation with employee hiring 70 in Melbourne, Brisbane, and Sydney. Currently, the company has a turnover of U.S. $ 10 million. By serving major clients such as Telstra and Energex, InfoReady targeting revenues of U.S. $ 20 million.
Then Wilson, has a digital company called Global Blocks in 5 months earn revenues of U.S. $ 2 million. In 3 years, this business generated revenue of U.S. $ 5 million to U.S. $ 10 million.
Learning from these three entrepreneurs, there are 10 important tips to be successful in 5 years. What is it?

    
Do not compromise on the quality of the work. Usually at the beginning of starting a business we are very excited, sometimes we are tested to be greedy, so compromising the quality of the products or services that we sell. Though the build quality of the brand or the results of our work, and people will return to us when we provide the highest quality work.
    
Nothing journey that begins and ends in the same place. Get ready to modify or even abandon the business plan that you created with hard work. Due to survive, you have to be very flexible to change plans.
    
Focus on the job you can do, and give you a job that can not be done to others. Then look for companies that provide the resources you need, as well as provide time and space for your company to focus on doing the things that become your strength.
    
Give yourself time to think. Sounds simple, but many people who work 60 hours per week and do not have time to review the work that has been done well and less well. Because without the reflection, you can continue to make bad habits in your work.
    
Continues to research and always responsive. Take a few minutes each day to do some research online against your competitors to see what they do. Try to continue to be one step ahead, use and analysis of data so that it can continue to improve your service and follow trends.
    
Do not accept all bids. It is quite difficult to reject all requests for access projects or business can continue to run. But taking the wrong job can hinder business growth.
    
Expand relationships. Through the many colleagues and acquaintances can drive business growth and expansion.
    
Believe in yourself. There will always be people who doubt you and say that you are crazy. But you have to stay afloat and believe in yourself. Do not continue to sink to gauge whether your actions are right or not.
    
Remain committed to the ideal business. It will be difficult and stressful, but do not give up.
    
Do not bet too big. Many entrepreneurs make the mistake of investing in something that they believe will not succeed. Use a bit of your money to test whether a new idea that would appear favorable. You must be able to prove that with a capital of U.S. $ 1, you can generate U.S. $ 10.
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Judul: How to be a Successfull Entrepreneurship
Ditulis oleh Unknown
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