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25 LESSONS LEARNED from TOP ENTREPRENEURS
Starting and running a business can be one of life’s greatest challenges. Learn from those who have done it and have done it well. Here are 25 tips, stories and methodologies from some of the most successful entrepreneurs of our time.
LESSONS FROM ENTREPRENEURS
LESSONS FROM ENTREPRENEURS 1/25 Mark Cuban ENTREPRENEUR / OWNER OF DALLAS MAVERICKS Limitations to growth are self-imposed.
LESSONS FROM ENTREPRENEURS 2/25 Kevin O’Leary ENTREPRENEUR / SHARK TANK Do everything in your power to support your goals.
LESSONS FROM ENTREPRENEURS 3/25 Philip Krim CASPER Trust your opinion and instincts.
LESSONS FROM ENTREPRENEURS 4/25 Steve Jobs APPLE Endure failure. Steve dropped out of college, was ﬁred from Apple – but both times led him to ﬁnd creativity and led to his success.
LESSONS FROM ENTREPRENEURS 5/25 Rand Fishkin MOZ You cannot surround yourself with “yes men” _ disagreement and conﬂict are good for business.
LESSONS FROM ENTREPRENEURS 6/25 Neil Patel KISSMETRICS / CRAZYEGG Make your solution simple.
LESSONS FROM ENTREPRENEURS 7/25 Jon Taffer BARRESCUE TV HOST Look and see. Don’t just look at the overall business, see every little detail of a business.
LESSONS FROM ENTREPRENEURS 8/25 Chip Wilson LULULEMON Ask for help, you don’t know it all. Trust others and share control.
LESSONS FROM ENTREPRENEURS 9/25 Tim Ferriss ENTREPRENEUR You are the average of the ﬁve people you associate with the most.
LESSONS FROM ENTREPRENEURS 10/25 Ron Shaich PANERA BREAD What it is all about is ﬁguring out what you can do for somebody that nobody else can do better.
LESSONS FROM ENTREPRENEURS 11/25 Eric Lefkofsky GROUPON Accept failure as part of your journey.
LESSONS FROM ENTREPRENEURS 12/25 2/25 Dan Gilbert QUICKEN LOANS There are many ways to get to success. Dan created an environment where his employees listen to customers.
LESSONS FROM ENTREPRENEURS 13/25 Thornsten Heins BLACKBERRY Think ahead, we think forward, sometimes think the unthinkable.
LESSONS FROM ENTREPRENEURS 14/25 Dean Kamen ENTREPRENEUR Resist doing what you’re told! Challenge the status quo. Dean refused to show his math calculations to his teachers because he didn’t see the point.
LESSONS FROM ENTREPRENEURS 15/25 Elon Musk TESLA Starting a company is like “eating glass and staring into an abyss” – if you want that, then go for it.
QUOTES FROM ENTREPRENEURS
Q U OT E S F R O M E N T R E P R E N E U R S 16/25 Richard Branson VIRGIN GROUP My biggest motivation? Just to keep challenging myself. I see life almost like one long University education that I never had — everyday I’m learning something new.
Q U OT E S F R O M E N T R E P R E N E U R S 17/25 Reid Hoffman LINKEDIN The fastest way to change yourself is to hang out with people who are already the way you want to be.
Q U OT E S F R O M E N T R E P R E N E U R S 18/25 Sara Blakely SPANX Embrace what you don’t know, especially in the beginning, because what you don’t know can become your greatest asset. It ensures that you will absolutely be doing things different from everybody else.
Q U OT E S F R O M E N T R E P R E N E U R S 19/25 Dave Thomas WENDY’S What do you need to start a business? Three simple things: know your product better than anyone, know your customer, and have a burning desire to succeed.
Q U OT E S F R O M E N T R E P R E N E U R S 20/25 Ben Silbermann PINTEREST Don’t take too much advice. Most people who have a lot of advice to give — with a few exceptions — generalize whatever they did. Don’t over-analyze everything. I myself have been guilty of over-thinking problems. Just build things and ﬁnd out if they work.
Q U OT E S F R O M E N T R E P R E N E U R S 21/25 Niklas Zennstrom SKYPE If you want to be an entrepreneur, it’s not a job, it’s a lifestyle. It deﬁnes you. Forget about vacations, about going home at 6pm – last thing at night you’ll send emails, ﬁrst thing in the morning you’ll read emails, and you’ll wake up in the middle of the night. But it’s hugely rewarding as you’re fulﬁlling something for yourself.
HOW THEY GOT STARTED
H OW T H E Y G OT STA RT E D 23/25 Matt Maloney/Mike Evans GRUBHUB They worked in Chicago as software developers, they got tired of calling different restaurants in search for takeout food for dinner and that’s when they thought of GrubHub, which is valued at more than $3B.
H OW T H E Y G OT STA RT E D 24/25 Joe Coulombe TRADER JOE’S Joe operated a small convenience store only to realize that college grads may want better options. So, he stocked his stores with good wine and booze and gave it a tropical theme. Eventually he added in health foods and that’s how Trader Joes’ got started.
H OW T H E Y G OT STA RT E D 25/25 Steve Jobs/Steve Wozniak APPLE They started out working on the night shift for the game software, Atari, and gained signiﬁcant exposure to the computer world together.
Start your success story we’ll help answer your calls. ht p:/w w.mapcom unications.com/contact-us/request-fre -trial/ START MY 7-DAY FREE TRIAL ht p:/ w w.mapcom unications.com/ mapcommunications.com SOURCES: http://www.entrepreneur.com/article/249318 http://www.huffingtonpost.com/brian-honigman/35-tech-entrepreneurs-failure_b_5529254.html http://www.inc.com/jenna-goudreau/15-successful-entrepreneurs-share-the-best-advice-they-ever-got.html http://www.businessinsider.com/best-lessons-entrepreneurs-learned-in-their-20s-2015-1 http://www.fastcompany.com/3048755/lessons-learned/6-traits-successful-entrepreneurs-all-share https://www.kabbage.com/blog/100-quotes-from-successful-entrepreneurs http://www.entrepreneur.com/article/243099