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Humble Beginnings – 5 Strategies for Aspiring Entrepreneurs

Humble Beginnings – 5 Strategies for Aspiring Entrepreneurs

If you believe it’s time to try and make it on your own, you should know that it’s not something you should delay. The primary ingredient necessary for success is hunger – if you have that covered, other qualities like persistence and discipline will develop themselves in time.

However, with so many startups arriving from every part of the world, you need to be very thorough about your research. Based on the facts you gather and discover, you can later develop smart strategies that you’ll find crucial for success.

Skipping steps will make things a lot more difficult for you and you’ll increase your chances for early bankruptcy. That being said, you need to be very efficient with your homework and learn about various ways to grow your business and enable it to flourish.

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Learn Everything about Your Competition

First thing’s first – you need to get to know your enemy. A lot of inexperienced entrepreneurs make the same mistakes of attacking a saturated market because they believe that constant demand will keep them in business.

Medium-sized companies attracted their (and your) target audience, so if you want to gain their loyalty, you need to fight for it – we won’t even mention the leading titans in the field.

On the other hand, going for a business field for which there’s a high demand but not enough providers is definitely a smart move – in order to gather your audience and make loyal customers out of them, you only need to be there for them.

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Be Frugal Whenever You Can

Many startups with a great team and a profitable idea fail because of one thing – the lack of properly developed money management skills. Not only during the first couple of months, but throughout the first year, it should be all about saving money and directing your funds cleverly.

If this isn’t your area of expertise, you should either take up a course and educate yourself so that you can handle money with confidence or hire someone to do this for you. Having someone to guide you is a smart investment that will pay off quite soon.

Establish Fluent Team Communication

Your first circle of employees should be aware of the amount of hard work that’s waiting for them in the future – building a company doesn’t happen overnight, and there should be a fair amount of team effort in terms of its foundation.

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The first thing you need to establish within your team is trust – the way you treat them will be the way they treat each other, so make sure to be a proper example and propagate moral and ethical values from the very beginning.

The second thing to work on is communication. Considering the fact that long work hours shouldn’t be a problem, you need to make availability constant, without exceptions. However, each piece of equipment needs to be absolutely necessary, so you should start by browsing for cheap SIM deals and do the same with every item you find essential.

Gather Precise Feedback

Developing a business is a game and it resembles chess a lot. Each move you make needs to be done according to an already developed strategy and you need to have not only plan B, but also C, D, E and F, just in case an unforeseen factor disturbs you.

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The business moves you make should be carefully calculated and all of them need to be based on the feedback you receive. Your only goal should be to make your target audience satisfied with your list of products or services, and in order to do so, you need to listen to their requirements.

Go with the Flow

As a young businessman, you’ll have a lot to learn and you need to face the fact that not everything will go according to your plans. You mustn’t be afraid of the changes, but what you must do is make a calculated selection here. Not all trends are here to stay and you should follow only those that can emphasize the idea behind your business and help you develop and grow.

Being a business leader is a challenging position and it will be required from you to not only develop your already existing skill set, but also to adopt new ones and enable the same professional growth to each member of your team, while you direct your efforts to projects vital for your business. Obviously, there’s much to learn and a lot to do, but once you reach a certain sense of stability, I assure you, you’ll find it to be more than worth your efforts.

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Tanvir Zafar

The founder of ISU Technologies, passionate in writing about entrepreneurship, work and technology.

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Last Updated on May 22, 2019

50 Great People To Follow On LinkedIn, No Matter Your Industry

50 Great People To Follow On LinkedIn, No Matter Your Industry

LinkedIn is an excellent platform to network with great people to help you in your career and businesses. However, with over 575 million people on the site, who should you follow? This list will steer you to the right people to follow, organized by categories of expertise.

Job Search Experts

You will likely have several jobs throughout the course of your career, and you will constantly need advice on new trends and strategies out there in the job market. Here are the LinkedIn experts who you should follow on these matters.

1. Liz Ryan is the CEO and founder of Human Workplace. Her articles on job searching are filled with creative and colorful cartoons.

2. Lou Adler is the author of The Essential Guide for Hiring and Getting Hired.

3. Dr. Marla Gottschalk will help you make an impact in a new job.

4. Hannah Morgan runs CareerSherpa.net, where she gives expert advice on job searching and how to be more visible online.

5. Alison Doyle is the CEO and Founder of CareerToolBelt.com.

Management Experts

They say that people leave managers, not jobs. These experts in LinkedIn will help you become your employees’ dream manager.

6. Jeff Weiner. How can we leave out the CEO of LinkedIn himself?

7. Nozomi Morgan is an executive coach. She can help you transition from a boss to a true leader.

8. Mickey Mikitani is the CEO of Rakuten. He constantly shares his expertise in managing a global player in e-commerce platforms.

9. Andreas von der Heydt was the head of Amazon’s Kindle Content and now the Director of Talent Acquisition. He has extensive experience in management, branding, and marketing.

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Productivity Experts

By maximizing your productivity, you can win in all aspects of life. The following LinkedIn experts will help you win big in your career.

10. Gretchen Rubin is a happiness coach and the bestselling author of the The Happiness Project.

11. Carson Tate is the founder of Working Simply. She advises us to include play in our schedules.

12. Greg Mckeown is an essentialist. Part of being an essentialist is saying no to many things so that we can focus on the things that matter.

13. Brian de Haaff, CEO of Aha! Labs Inc. provides strategies on how to be productive and happy at work at the same time.

Marketing Experts

14. Sujan Patel is VP of Marketing at When I Work, an employee scheduling software. He is an expert in content marketing and he even shares his ideas on content marketing in 2020.

15. Megan Berry is the Head of Product Development at Rebelmouse, a content marketing and AlwaysOn powerhouse.

16. Sean Gardner will help you navigate the social media landscape. This includes how to use different platforms to help accelerate your career. He is also the bestselling author of The Road to Social Media Success.

17. Christel Quek is an digital and marketing expert. She is the VP of South East Asia at Brandwatch. Their products help businesses utilize social media data to make better business decisions.

18. Jeff Bullas is a digital marketing expert. His blog has over 4 million readers annually.

19. Michael Stelzer is the CEO and Founder of social media powerhouse site, Social Media Examiner.

20. If you’re looking for inbound and content marketing expertise, follow Dharmesh Shah, Founder and CTO of Hubspot.

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21. David Edelman is a McKinsey partner and is at the helm of the Digital Marketing Strategy Practice Department.

22. Dave Kerpen leads the social media software company Likeable Local. He is the author of Likeable Social Media: How to delight your customers.

23. Clara Shih is the CEO of Hearsay Social and the author of The Facebook Era.

24. Aaron Lee is Grand Master of Customer Delight at Post Planner. He is an excellent resource for everything social media.

25. David Sable is the CEO of Y&R, one of the largest advertising firms in the world.

26. Content marketing trumps traditional marketing these days, and who else better to lead you in this area than Joe Pulizzi, Founder of Content Marketing Institute.

Personal Branding Experts

Part of what we market in our personal career is our brand. When people hear your name, what kind of brand comes into their mind? What traits and qualities do they associate with you?

Here are some personal branding experts from LinkedIn to improve your own brand.

27. Dorie Clark is the author of Stand Out and Reinventing You. He can help you craft the professional image you’ve always wanted.

28. Dan Schawbel is the managing partner of Millennial Branding. If you’re a millennial, Dan is the guy to help you craft your personal brand.

Other Notable Experts to Follow

29. Lisa Gates is the expert to follow if you’re negotiating for higher salaries and promotions.

30. If you’re a Baby Boomer, Marc Miller will help you navigate the continually changing landscape of the workplace.

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31. To avoid getting your resumé moved to the “No” pile, read Paul Freiberger’s excellent advice.

32. James Caan provides insightful ideas on careers in general. He is also a serial entrepreneur.

33. Jeff Haden writes on various topics, such as leadership and management. He is the owner of Blackbird Media.

34. If you’re looking for expert business advice on getting new customers and keeping them, follow Jay Baer.

35. Suzanne Lucas, aka Evil HR Lady, is a great human resources specialist.

36. If you need help in using Twitter to boost your career, Claire Diaz-Ortiz can guide you in the right direction.

37. Ryan Holmes is the CEO of Hootsuite, a social media management tool.

38. Customers are the lifeblood of a business and Colin Shaw focuses on revolutionizing this customer experience.

39. Brian Solis often reflects on the future of business and how technology can disrupt our world.

40. Nancy Lublin provides advice on more lighthearted topics, which are perfect after a long day’s work. She is the CEO behind Dosomething.org, a portal designed for social change; and the founder & CEO of Loris.ai and Crisis Text Line.

41. Katya Andresen provides advice on how to manage your career. She was the CEO of Cricket Media and now responsible for the SVP Card Customer Experience at Capital One.

42. Gallup has created a system to test what your strengths are and how to use them at work. Jim Clifton is the CEO of Gallup.

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43. Adam Grant is a Wharton Professor and the author of Give and Take, which provides advice on why being helpful at work can accelerate your career.

44. Hunter Walk is a partner at Homebrew Venture Capitalist Company and has specialty in product development and management.

45. If you’re running a nonprofit organization, follow Beth Kanter for expert advice on this area.

46. Emotional Intelligence is necessary to succeed in your career, and Daniel Goleman is your expert for that.

47. Rita J. King connects science, technology and business.

48. Tori Worthington Rose is a Creative Director at Mary Beth West Communications, LLC. She has extensive experience in sales and digital media.

49. If you’re looking for some advice on how to use writing and personal content marketing to boost your career, follow Ann Handley.

50. Tim Brown is the CEO at IDEO and shares his insights on Leadership and Creativity.

These are just some of the key thought leaders and movers in various industries. They will provide you with constant inspiration, as well as the willpower to pursue the career that you’ve always wanted. Their stream of expert ideas in their respective fields will help you become well-equipped in your professional pursuits.

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Featured photo credit: LinkedIn Sales Navigator via unsplash.com

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