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11 Inspirational Quotes On Secrets Of Success From Entrepreneurs

11 Inspirational Quotes On Secrets Of Success From Entrepreneurs

Whether you are preparing to launch your own startup or are looking for inspiration to help you with other areas of your life, the following 11 entrepreneurs can help you focus on what really matters and learn the importance of continuously striving for success.

1. Nolan Bushnell, Founder of Atari, Inc. and Chuck E. Cheese

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    Image by By Tech Cocktail, via Wikimedia Commons

    “The critical ingredient is getting off your butt and doing something. It’s as simple as that. A lot of people have ideas, but there are few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is a doer, not a dreamer.”

    Nolan Bushnell has been involved in more than 20 companies. He currently serves as the chairman and co-founder of Brainrush.

    2. Mark Zuckerberg, Founder of Facebook

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      Image by Guillaume Paumier (Own work), via Wikimedia Commons

      “If you just work on stuff that you like and you’re passionate about, you don’t have to have a master plan with how things will play out.”

      Mark Zuckerberg is known for being one of the creators of Facebook, and he also launched the Internet.org project with the goal of helping 5 billion people worldwide get online.

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      3. John Rampton, Founder of Blogging.org, PPC.org, Due.com and Pixloo

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        Image provided by John Rampton

        “You can say anything to anyone, but how you say it will determine how they will react.”

        John Rampton is an entrepreneur, angel investor and writer who contributes to The Huffington Post, Entrepreneur and Forbes. His most recent business launch is due.com which provides tools for simple online time tracking and invoicing. The blog also offers online business advice through articles such as “The 12-Step Program To Recover Your Blog From Any Google Penalty”

        4. Howard Schultz, CEO of Starbucks

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          Image provided by Richard Eriksson, via Flickr

          “Risk more than others think is safe. Dream more than others think is practical.”

          Howard Schultz doesn’t just bring us some of the most popular and delicious coffee in the world, either. He has also served on Square, Inc.’s board of directors and was the owner of the Seattle SuperSonics from 2002 – 2006.

          5. Steve Jobs, Co-founder and Former CEO of Apple

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          Steve Jobs Cropped

            Image by By File: ProjectRED, via Wikimedia Commons

            “Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything – all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important. Remembering that you are going to die is the best way I know to avoid the trap of thinking you have something to lose. You are already naked. There is no reason not to follow your heart.”

            Steve Jobs passed away in 2011 after one of the most successful entrepreneurial careers there has ever been. He is credited with being a pioneer of the American computer revolution and was also the owner of Pixar.

            6. Jim Rohn, Former Vice President of Nutri-Bio

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              Image by By Ramine5677 (Own work), via Wikimedia Commons

              “The challenge of leadership is to be strong, but not rude; be kind, but not weak; be bold, but not bully; be thoughtful, but not lazy; be humble, but not timid; be proud, but not arrogant; have humor, but without folly.”

              Jim Rohn’s rags to riches story enabled him to become a successful motivational speaker and author after Nutrio-Bio went out of business. Rohn passed away in 2009.

              7. Estée Lauder, Co-founder of the Estée Lauder Companies

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                By New York World-Telegram and the Sun staff photographer: Sauro, Bill, photographer, via Wikimedia Commons

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                “I didn’t get here by dreaming or thinking about it. I got here by doing it.”

                Estée Lauder began working with beauty products as a teenager and released her first fragrance, Youth Dew, in 1953. Lauder passed away in 2004 after a successful 51 year career that included being awarded the Presidential Medal of Freedom.

                8. Thomas Edison, Founder of the Edison Electric Light Company

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                  By Louis Bachrach, Bachrach Studios, restored by Michel Vuijlsteke, via Wikimedia Commons

                  “I never perfected an invention that I did not think about in terms of the service it might give others. I find out what the world needs, then I proceed to invent.”

                  Thomas Edison’s list of accomplishments includes the electric light bulb, the motion picture camera. and developing the phonograph.

                  9. Kallum J. Mitterer, Founder of Peak Nootropics

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                    Image provided by Peak Nootropics staff

                    “Controlling our thoughts and behaviors is the single most important factor of success. Everything else is just an edge over people who don’t harness these abilities.”

                    Kallum Mitterer, a 26-year-old entrepreneur, is one of the top online merchants in the business world today. He’s made a career of marketing nootropics that unlock the key to ultimate brain health and life hacks. Mitterer’s quick rise at such a young age showcases the fact that everyone’s potential for entrepreneurial success is truly Limitless.”

                    10. Sir Richard Branson, Founder of Virgin Group

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                      Image by Gilberto Cardenas, via Flickr

                      “Do not be embarrassed by your failures, learn from them and start again.”

                      Richard Branson has been bringing his business ideas to life since the age of 16. Branson is also involved in several humanitarian causes and has appeared in numerous TV shows and movies.

                      11. Mark Cuban, Owner of the Dallas Mavericks and Landmark Theaters

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                        Image by Brian Solis, via Flickr

                        “Work like there is someone working 24-hours a day to take it all away from you.”

                        Mark Cuban is an outspoken entrepreneur and author of How to Win at the Sport of Business. He has built a diverse and successful business career that has enabled him to accrue an estimated net worth of $3 billion. Cuban’s accomplishments include co-owning 2929 Entertainment, owning Landmark Theaters and the Dallas Mavericks, and appearing as an investor on “Shark Tank.”

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                        All of these quotes are a good inspirational starting point for any entrepreneur who wants to take their ideas to the next level. You can also derive inspiration by reading additional quotes from some of the most notable female leaders throughout history.

                        Featured photo credit: Viktor Hanacek via picjumbo.com via picjumbo.com

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                        Holly Chavez

                        Writer, Entrepreneur, Small Business Owner

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                        Last Updated on June 1, 2020

                        How to Start an Online Business That Will Grow and Succeed

                        How to Start an Online Business That Will Grow and Succeed

                        There are thousands of free guides available online on how to start an online business. However, the most valuable lesson they never discuss is that starting a new business online is probably going to fail.

                        Successful professionals that excel at some point with a venture never gave up, had a passion for creating a meaningful service or product idea, and never stopped trying.

                        Starting a business is a great opportunity for anyone with a passion to work on something you never get tired of. If people like coming to you for advice or to help them with work-related tasks, then you have the necessary skills and experience to start a business.

                        In addition, if you have a curiosity about services and products, maybe you have the capacity and capabilities to create something more innovative.

                        In the next section, we will comprehensively examine the core elements in starting a business. They will not necessarily catapult you to create Google, Facebook, or Apple, but they will guide you on how to start an online business.

                        1. Remember That the Likelihood of Your Business Failing Is High

                        Building a product or service is a process that takes a lot of time, so do not think that successful CEOs did it with the snap of their fingers.

                        According to the Small Business Association (SBA), only 30 percent of businesses will fail in the first two years and 50 percent will probably stay open in the first five years.[1] It is something to think about when launching your online business.

                        However, this does not mean you should be discouraged, and it’s actually a valuable lesson to fail since it will give you clues on what to do right the next time.

                        2. Focus on Your Audience and Targeted Niche Market

                        One of the most difficult things is figuring out who your customers are and tailoring your product or service for them. Depending on your available resources and the size of your network, the scale of your venture will be contingent on this. Knowing your targeted niche is important in knowing how to start an online business.

                        If you are launching a business, will you go the retail route or create an online store? Will your service satisfy the needs of a startup, small business, enterprise, or corporation? There is no right or wrong answer.

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                        Think about your audience and what the size of your customer base will be. Without knowing your customers, you cannot start a business.

                        3. Conduct a Lot of Research and Examine the Segment of Your Potential Market

                        Depending on the sort of business, you will have to do hours of research and ask a lot of questions. It helps a lot to look at specific companies or businesses to get an idea of how they started.

                        This may be a daunting task for some, and there are other avenues to explore to assist you with building a business. The web has tons of resources and you can check out Fundera’s list of 50 tools to help grow your business.[2]

                        In addition, you must tap into a reliable business networking list of people to guide you on how to start an online business.

                        4. Tap Into the Reach of Social Media and Expand Your Message

                        Gone are the days of paying expensive advertising budgets. Thanks to social channels like Twitter, YouTube, and Facebook, businesses can advertise for free. On the other hand, you can spend and create marketing campaigns on those different platforms.

                        Figure out which one is best suited to your needs and where that audience is active. When your online business has figured out where its message has the most impact and when your customers are responding to your message, then you know you are in the right place.

                        5. Network With Influencers and Brand Your Company on an Optimized Blog

                        Depending on the size of the organization and the number of employees, you may need to consider networking in the initial phases. If you want to know how to start an online business, then you should also learn how to network with influencers.

                        Social media is a valuable tool, and you can reach out to brand influencers depending on the line of products or services you wish to promote. Gone are the days of just putting an advertisement campaign and expecting a big return. Instead, you now have to create partnerships and blog about your branded efforts.

                        Make sure you have an optimized blog with search engine optimization (SEO) tools built-in, so you can focus on attracting customers and followers.

                        6. Create a Monetization Plan Tailored to Your Products and Services

                        Whether you are a startup, small business, enterprise, or a large company, you have to be strategic with your company efforts. Do you have an omni-channel strategy in place to attract clients and potential business?

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                        In other words, you must have the integration with your site and selected social media channels to generate revenue from products or services.

                        Believe it or not, not having a clear investment plan on how you will generate business is one factor often overlooked by starting businesses. The technology is there and depending on your institutional resources, you will have to look at a couple of vendors to see which one gets you the best value for your company.

                        7. Monitor Your Progress and Schedule Meetings Weekly

                        When your business is live online, you need to monitor progress. You must look at your data, key performance indicators (KPIs), and financials to see how your company is progressing over time.

                        This is a very different mindset when you are in a large company, but an average-sized online business has to do housekeeping procedures. The products or services advertised online are just one part of the equation.

                        Are you attracting customers? Are your interactions with clients translating to transactions or conversion?

                        These questions can only be answered by looking at your data and financial statements. When you can compare both, you will have an excellent understanding of the current state of affairs.

                        8. Once You Have Refined Your Online Product or Service, Officially Launch Your Business

                        Once you have more or less found the online product or service to serve customers, you are ready for prime time.

                        As long as your monetization plan lines up carefully with your investment, you can go live with your business. This can be in the form of an official announcement via your site, hosting a live event, or reaching out to media outlets to plug your company launch.

                        There is no right or wrong way to go about his process. But make sure that the state of the company propels you to launch the online service or product.

                        9. Once Your Business is Growing, Retain Customers and Attract New Ones

                        Having customers at the beginning is crucial for an online business. In fact, it is important for any business period.

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                        For the customers who have decided to adopt or buy your service, make sure you are delivering above and beyond customer service. They will not only continue to buy services, but they will also likely recommend your service to others. So, go the extra mile to thank them for their business.

                        If possible, develop perks programs and giveaways since customers enjoy the red carpet and celebrity treatment.

                        10. Use Social Media Networks Ethically and Steer Away From Shady Business Practices

                        It is tempting to use several social media platforms and buy fake followers. The problem is if the business is a lot bigger than it seems, it will come back to haunt you.

                        There is nothing more embarrassing or outright unprofessional than having thousands of followers who never interact with the posts you share. Unfortunately, social media has lost credibility when it comes to building fake followers and fake news. So, do not fall in the trap of trying to grow your brand artificially.

                        Aim for organic followers. This means having real customers following you and engaging your brand in authentic ways.

                        11. Continue Tracking the Results of the Business

                        Meetings are essential to tracking the state of affairs and the state of your staff. These meetings should also include tracking the performance as a result of your online business (product or service).

                        Are the results positive? Are they negative? Are they producing productive results?

                        Analytics is vital to understanding how the business is performing, so make sure you can get a snapshot of where you are at. Successful businesses cover their tracks and that includes looking at the bottom line performance of their product or service.

                        12. Utilize Search Engines to Attract Targeted Customers to Your Site

                        There are advertising systems and price tiers for the different social networks, but search engines like Google and Bing are still important.

                        Pay-per-click (PPC) advertising is offered in tiers through the Google search engine and Microsoft’s search engine Bing. This remains one of the simplest and most effective ways to generate traffic to a brand new site.

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                        As reported by Entrepreneur, the PPC offers two advantages. One advantage is that PPC ads show up on the search pages right away. The second one is it allows you as a business to test different keywords including headlines, prices, and selling approaches.[3]

                        13. Provide Expert Advice and Testimony Through Different Mediums

                        It can be challenging to get brand visibility when you are a brand business. However, if you have some significant knowledge and expertise in your company product or service, you should offer insight. This means you can publish a blog post with powerful visuals, an infographic, a webinar, a YouTube video, etc.

                        The idea is to plug your service but make it an interesting testimony that tells a story. It is not enough to tell the story of your product, but you have to connect with popular culture if possible.

                        Be creative and take risks because that may be the difference between success and failure.

                        14. An Online Business Cannot Succeed Without Effective Email Marketing Strategies

                        When you are compiling customer data, one of the most valuable pieces of information is a phone number and particularly an email address.

                        With an email, you can build an opt-in list. This list allows you to create newsletters or announcements to be sent to their inbox for exclusive offers.

                        You can set up a provider or a third party to analyze customer interactions with your email offers. What it will provide your business is cost opportunity and it is cheaper than print, TV, or radio.

                        Final Thoughts

                        After you have found your calling in building a product or service, start putting the building stones to create your service and product. It needs to solve a problem that no other business offers. If you are about solving problems, an online business is a right venture for you.

                        Launching an online business is a complicated undertaking, so do not expect instant results. Building a successful online business takes time, investing money, and developing a service that makes a profit.

                        Finally, make sure you have the available resources and a reliable team that will accompany you throughout your journey. They need to be loyal and have to bring something unique to your big idea.

                        Take risks and fail early because these experiences are the foundations for launching a successful company.

                        More Tips for Aspiring Entrepreneurs

                        Featured photo credit: Olu Eletu via unsplash.com

                        Reference

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