Skip to main content

Secrets of a successful entrepreneur

Love this blog entry on the ten secrets of success in entrepreneurship?
  1. Think success.
  2. Be passionate with what you do.
  3. Focus on your strengths.
  4. Never consider the possibility of failure.
  5. Plan accordingly.
  6. Work hard!
  7. Constantly Look for Ways to Network.
  8. Willingness to Learn.
  9. Persevere and have faith.
  10. Discipline yourself.

Do you agree?

Comments

Anonymous said…
I can see why you like this list, it gets to the point and offers any businessperson plenty of food for thought to help them grow their enterprises.

Excellent Blog Dylan!
Anonymous said…
Thats me Dylan - may be I should open a business ,but where does one go for help in Wales.
I dont think WAG is really interested in enterprise,all talk no action has become no talk no action
John - I know and they remind me, embarrassingly, of what I used to stick to! Time for a work-life revision, methinks!
Anonymous said…
I do my best (with limited time) to network/promote contact with my IP law practice. I find that many Brits are offended by it. (Many of whome have safe jobs working in national/local government in Wales. Perhaps not surprising to learn then that Wales has too many people risk-averse working in public sector jobs, who in turn look down on the private sector.
Anonymous said…
I don't much like Donald Trump - but he had a recent book out, which makes good reading (up to a point) on making it in the private sector world: "Think Big and Kick Ass."
Anonymous said…
PS - Donald lists a few of his own tips too.

Popular posts from this blog

THE IMPORTANCE OF FRANCHISING

When we talk about start-ups and entrepreneurship, rarely do we discuss the potential of franchising not only as a way of establishing new ventures in the economy but also as a method of growing existing businesses. According to the British Franchising Association, franchising is the granting of a licence by one person (the franchisor) to another (the franchisee), which entitles the franchisee to own and operate their own business under the brand, systems and proven business model of the franchisor. The franchisee also receives initial training and ongoing support, comprising all the elements necessary to establish a previously untrained person in the business. This enables individuals to start their own businesses without having to develop their own ideas and utilising an existing brand and established market. Of course, whilst each franchise business is owned and operated by the franchisee, the franchisor controls the quality and standards of the way in which the business is

Change your business through change

All business organisations, especially entrepreneurial small firms, must cope with an ever changing business environment. However, small firms have a very limited ability in being able to control and relate to changes in the environment, although this can depend on the context of change. For example, if a major customer changes increases its order, the entrepreneur should be able to predict events and actions with regard to the timing and consequences of such a change and forecast any changes in the required resources and cashflow. Given this, the entrepreneur can undertake rational short-interval planning activity in order to underpin organisational control. However, much of the change facing business today is largely unpredictable in terms of its timing and its consequences. In other words, such change is open-ended, with it often being unclear what is changing or why it is changing. For example, the effect of the 9/11 bombing of the World Trade Centre was largely unexpected and its

THE IMPORTANCE OF THE CREATIVE CLASSES

One of my favourite academic books of the last two decades must be the “Rise of the Creative Classes” by Professor Richard Florida.  This was one of the first detailed studies of the growing group of individuals who use their creativity and mental labour to earn a living and not only included those in arts and entertainment, but also people working in science and technology as well as knowledge-based professions such as healthcare, law, business, and finance.  Fast forward to 2022 and Professor Florida has written an updated report on the creative classes although he and his team now identify a different type of individual who is taking full advantage of the growth in digital platforms, social media, and online marketplaces.  Such ‘creators’ are defined as those who use digital technology to make and publish unique creative content, whether in the form of video, film, art, music, design, text, games, or any other media that audiences can access and respond to.  They also make their mon