This document provides tips, tricks, and quotes to help entrepreneurs. It emphasizes the importance of focus, hard work, and perseverance. Key points include focusing on your most important task for the day, creating masterpieces through tireless effort, and putting everything on the line to succeed. Successful entrepreneurs quoted include Elon Musk, Henry Ford, and Guy Laliberte. Tips include engaging customers on social media, surrounding yourself with a strong team, clearly defining goals, and being prepared to pitch your business at any time to potential investors or customers.
2. "Optimism, pessimism, f*** that; we're going to
make it happen. With God as my bloody witness,
I'm hell-bent on making it work."
-Elon Musk, Tesla/SpaceX
3. You wake up and list the 10 things you need to do today. Odds
are, one item is worth 10 times more than the rest. Our natural
human tendency is to put it off until later, diverting into
mundane tasks like Facebook. We invent devilishly clever
reasons not to get that one thing done.
4. “A business absolutely devoted to service will
have only one worry about profits. They will be
embarrassingly large.”
-Henry Ford
5. Since every day as an entrepreneur is a day you invent, make it a masterpiece. No one
cared that Michelangelo painted the Sistine Chapel ceiling for four years in such an
awkward position it permanently damaged his health. We simply marvel at the result.
Likewise, no one cares about the depth of your inbox, the number of cold calls you made or
how many meetings you attended. Only concrete results matter; tireless effort is just the
stuff you do to get there. Masterpiece creators do not act as if they are passengers on
some cruise ship transporting them to retirement. They assume responsibility for their
own destiny, never hiding.
6. There are a billion "I can't"
reasons and most are
founded on nothing but fear
-- many times we are simply
standing in our own way.
7. Seize the Day. Opportunity is missed by most people
because it is disguised as work.
8. “It's okay to be eccentric if you're rich;
otherwise you're just crazy.”
-Yvon Chouinard, Patagonia
9. “No one ever forgets their first 100 users, let them
know that you give a damn.”
-Alexis Ohanian, Reddit Co-Founder
10. I don't believe in pitfalls. I believe
in taking risks and not doing the
same thing twice.
-Guy Laliberte, Cirque du Soleil
11. Focus on sales and
marketing manically. In
business, nothing happens
until a sale is made. From the
jump, you'll need to find a
good way to get leads,
convert leads into sales, and
make sure you keep getting
repeat sales from your
customers.
12. A single presentation could change your
life. So it's important to put aside your
anxieties and knock it out of the park. You
may think you fear public speaking, but in
reality what you're feeling may be fear of
rejection or the unknown. Hone in on what
is holding you back, and release it.
13. Knowing how to
manage risk
avoidance is key
when meeting with
an investor, they
have to be sure you
will minimize risk
when it comes to
their money.
14. Instead of trying to make your
business "the next Facebook" focus
on what sets your business apart
from others and play to your
strengths.
15. "If I had 9 hours to chop down
a tree, I'd spend the first 6
sharpening my ax.”
-Abraham Lincoln
16. From a chance encounter
with an investor to a
curious customer, always
be ready to pitch your
business. State your
mission, service and goals
in a clear and concise
manner. Fit the pitch to
the person. Less is always
more.
17. Define specific goals for the year,
plan how you are going to achieve
those goals, and what specific help
you need in order to achieve those
goals.
18. As an entrepreneur, you've got to be willing to put
everything on the line in order to succeed.
20. Building a business can be much easier when you have the right team
surrounding you, make sure you surround yourself with positive
influencers so that things run smoothly and efficiently.
21. In business, nothing happens until a sale is made. From the jump,
you'll need to find a good way to get leads, convert leads into sales,
and make sure you keep getting repeat sales from your customers.
22. When Tweeting, I
can't reiterate
this enough. If
you're interesting
and engaging,
people will
engage with you;
if you're boring,
they won't.
Choose your
tweets carefully.
23. The Entire Purpose of Your First
Investor Meeting is to get a
Second Meeting. Make Sure
That You Make a Good
Impression With all Potential
Investors.
24. Prepare yourself, not just your
idea. Angel investors invest
first in the entrepreneur not
in the business plan. It’s
important that the investor
and entrepreneur can get
along. They will want to see
that you are fast, thoughtful
and efficient, and can sustain
the project through its
conception and growth.
25. Using Dropbox as an example. You don’t need to
be the first to the market, as long as your
business plan is compelling and worthwhile you
will thrive.
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