Everyone dreams of being an entrepreneur. Having a job that offers a larger salary, no schedules, and best of all, you run the show. While entrepreneurship is on a roll these days, with the players getting closer and closer to toddlerhood, the golden recipe for success still remains elusive. So how can you, as an entrepreneur, help your business survive beyond the initial quarter of the year and after the rush of a new venture has subsided? Here are three great tips from Eric Wagner's interview with a serial entrepreneur Brandon Mills, founder of SocialVibe and BlockBeacon.
“Secret #1: You’ve got to have an open mind.”
To be relevant business, you need to provide innovation and not simply keep following the rules. Innovation comes from an open mind, a willingness to think outside the box. If you have been using the same lead generation strategy for years and your new sales leads have been slowly dwindling, then it might be time to try out new marketing channels.
“Secret #2: Know the space you’re in and have a passion for it.”
Blindly rushing into a market because of the reportedly high profits is the perfect recipe for a disaster. Also, knowledge without passion can only carry you for so long. Passion even without knowledge, on the other hand, is sure to carry you through days of low profits and few sales leads.
“Secret #3: You need help. Double period.”
If you already have the passion, then you need someone to help you direct that passion and turn it into more productive things. You should always treat the knowledge of those who have gone before you as nuggets of gold. If you find it difficult to find your own coach, simply having your friends to bounce off your ideas on will do the job. When looking for sales leads becomes too much to handle, don't hesitate to ask help from a reliable BPO company to do the job for you.