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FOOD FOR THOUGHT Modelling the Best,
is a Great way to get ahead
Key business lessons from some of the most successful entrepreneurs
Follow your Passion
From a young age we're often conditioned to think that we should follow our hearts, but when it comes to making money, it's very easy to push those core values aside. It's important to remember this - chasing get-rich quick opportunities will eventually lead to failure. Why? To become a successful entrepreneur, leader or businessperson, you must be motivated by the desire to learn. To be successful, it's essential to focus on the things that you're truly passionate about, good at, or something that you're willing to put in the work to master.
A great example of this is from the founder of the Virgin Group and serial entrepreneur Richard Branson. His key advice to budding entrepreneurs is to build on your own personal annoyances and ask yourself what would you do to make it a
better experience? Branson believes that some of his best business ideas have come from suffered by him or people around him bad
experiences.
Food for thought:
Don't try and become rich quick from a half-hearted idea or a get-rich quick scheme. Believe in the concept and build off it.
Forget the Haters
Haters will always hate, and they will always exist no matter what. People will be quick to dismiss or criticize your ideas, and this is something that the successful entrepreneur and media icon Arianna Huffington knows well. Like Branson, she believes you've got to really love your business and believe in it, because not everyone's going to fall in love with it like you do. She experienced this first hand when she initially launched The Huffington Post back in 2005. It was even described as a "sure failure". Despite all the naysayers, she persevered and followed through with what she believed in and the result was amazing! She managed to create one of the world's leading online publications for news and information
Food for thought:
To find true business success as an entrepreneur in a very competitive market you need to be able to drown out the negative noise and develop some thick skin. Perseverance in business is key if you want results. .
Always be Quick and Continue Moving Forward
Once touted the richest man in the world, Bill Gates could've happily retired after his first few Microsoft successes and still remain mega rich for the rest of his life. A Harvard dropout, Bill Gates didn't let his university failure stop him from moving along the entrepreneurial road to success. He'd always wanted to follow his dreams of setting up his own software house, which is exactly what he did. Gates once described many of his competitors as “one-product wonders”. They'd create the product, make the quick money, and that would be it. Gates saw this as an opportunity to jump in and move fast, and as a result he created the most trusted software company in the world by continuously releasing newer, more advanced and safer versions of Windows.
Food for thought:
Seize every opportunity and remain focused on the game. Always be looking for new ways to make more of an impact and develop your product or brand further.
Contributed by Oye Jolaoso
PAGE 4 INSIDE ACCESS | SEPTEMBER 2020 4TH EDITION