Paul Herdsman, the founder and COO of NICE Global, recently shared the tips that made him a successful global entrepreneur. See This Article for more information on Paul Herdsman.
Here are the twelve tips (12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman) that he believes can help translate any dream into a successful business venture.
Have a positive attitude. Having a positive attitude will help you release positive energy and keep you hopeful. Paul Herdsman advises entrepreneurs to list down the things they are grateful for regularly.
Take calculated risks. Entrepreneurs should try out different ideas to know what works and what does not work for them. However, research and assess the risks involved in any ideas before venturing into them.
Follow your passion. Ensure you derive pleasure from your business venture. This pleasure will keep you going even when you are not getting a good return.
Have a clear vision. You should have a roadmap with clear short-term and long-term goals for your business.
Gather the right team. When selecting your employees, incorporate diverse but complementary skills. However, Paul Herdsman emphasizes the values that they hold matter more. He states that employees can acquire skills, but they may not easily change their values.
Avoid shortcuts. When getting into entrepreneurship, you must be ready to work hard for your success. Do not expect to succeed overnight.
Learn from your failures. Failure is an integral part of any business. You should acknowledge your failures, reflect on them, and make adjustments to avoid repeating them.
Know your clients. Listen to your clients and align your business to their needs.
Deliver beyond your client’s expectations. Paul Herdsman urges entrepreneurs to do more for clients than what they expect. According to him, this will make the clients trust you with more work and recommend you to others.
Be persistent. Do not give up on your business even when you face hurdles.
Get a mentor. Identify a person who has succeeded in the same business and follow his or her advice.
Remain focused. Avoid deviating from your goal. Incorporate ideas that are in line with your core business principles.
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