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10 Movies Every Entrepreneur Should Watch

10 Movies Every Entrepreneur Should Watch

Have you ever walked into the movies and come out inspired and feeling like a different person?

If you are an entrepreneur or preparing yourself to become one, you must watch these unforgettable movies to understand what I mean.

1.   Pirates of Silicon Valley (1999)

pirates-of-silicon-valley-original

    “Good artists copy, great artists steal.” – Steve Jobs.

    This is a classic film that shows the beginnings of Steve Jobs and Bill Gates as they built their technology empires in the 1980s. It highlights their rivalry, trials and triumphs, and the different ways the tech founding fathers operated. You will see how a 20-year-old took on a huge corporation like IBM and learn the value of believing in your dream and following through with it no matter what. It doesn’t matter if someone copies your idea. What matters is the execution and how well you do it. Nobody can copy that. And when you’re just starting out, a little competition never hurt anyone.

    2.   The Social Network (2010)

    The Social Network

      “We lived on farms, then we lived in cities, and now we’re going to live on the internet!” – Sean Parker.

      This is another great movie that every entrepreneur should watch. It shows the meteoric rise of the world’s youngest billionaire and his Harvard dorm-room startup – Facebook. Mark Zuckerberg took a simple idea and turned it into one of the most profitable businesses to date. You’ll see how he did it and the challenges he faced along the way, including rifts with his co-founders. Apart from learning from Zuckerberg’s experience, you’ll also enjoy some deft storytelling and brilliant background score.

      3.   Boiler Room (2000)

      boiler-room-large-picture

        “What do you mean, you’re gonna pass. Alan, the only people making money passing are NFL quarterbacks and I don’t see a number on your back.” – Seth Davis

        Every entrepreneur in business faces moral dilemmas at some point in their career. This movie is about a 19 year old college dropout, Seth Davis, who is faced with a dire moral issue. Seth rises to become one of the top brokers at brokerage firm J.T. Marlin, but something at the firm seems suspicious. What does he do when faced with the dilemma of money and greed versus morals and legality? What would you do? This movie will sensitize you to the very real struggle between right and wrong, money and greed and morality and legality in business.

        4.   The Pursuit of Happyness (2006)

        pursuit-of-happyness5

          “Don’t ever let someone tell you, you can’t do something. Not even me. You got a dream, you got to protect it. People can’t do something themselves, they want to tell you you can’t do it. You want something, go get it. Period. All right?” – Chris Gardner

          This is an inspiring story of a struggling salesman, Chris Gardner (Will Smith), who losses everything, including his wife, house and money. Instead of wallowing in self-pity and defeat, Chris picks himself up, works harder and smarter than the competition to make life better for himself and his son. It’s a powerful motivational movie based on a true story that will give you goosebumps and help you see the value of having a good attitude and strong work ethic in the pursuit of happiness and a better life.

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          5.   Flash of Genius (2008)

          flash of genious

            “Whatever happened to this little thing called justice we talked about?” – Bob Kearns

            Anyone who’s an entrepreneur must watch this movie to understand why it’s important to protect your ideas from being stolen. Robert Kearns (Greg Kinnear), a college professor, invents the windshield wiper that is embraced by all the auto giants of the 1960s, becoming a standard device on all cars. However, the automakers do not give Kearns the credit he is due. It might be heartbreaking to watch as Kearns fights powerful corporations for his credit, but therein lies an important lesson for all entrepreneurs to learn.

            6.   The Wolf of Wall Street (2013)

            The Wolf Of Wall Street

              “I’ve got the guts to die. What I want to know is, have you got the guts to live?” – Jordan Belfort

              This controversial movie might not have won Leonardo Di Caprio (playing Jordan Belfort) an Academy Award, but it sure can teach you valuable lessons about success, fame, fortune, greed and respect for law. As Belfort says, “The only thing standing between you and your goal is the bullshit story you keep telling yourself as to why you can’t achieve it.” However, with achieved goals, money, power, fame, women and drugs comes many temptations that can jeopardize your success. Discipline and awareness is critical to retain any success you achieve.

              7.   Office Space (1999)

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              office_space_peter

                “Let me ask you something. When you come in on Monday and you’re not feeling real well, does anyone ever say to you, “Sounds like someone has a case of the Mondays?” – Peter Gibbons

                This hilarious film is for anyone who hates their 9-to-5 office job and is itching to plunge into entrepreneurship. It revolves around Peter Gibbons (Ron Livingston), who discovers how much he hates sitting inside a cubicle every weekday, taking orders from his creepy boss Bill Lumbergh (Gary Cole). If there’s ever a film that will make you laugh, give you a refreshing new outlook on life, motivate you to get out of a desk job you hate and fire you up to pursue a venture that you truly love, then this is it!

                8.   Limitless (2011)

                limitless

                  “I had come this close to making an impact on the world. And now the only thing I was going to make an impact on was the sidewalk.” – Eddie Morra

                  This thrilling film about a struggling writer, Eddie Morra (Bradley Cooper) will teach you something about taking shortcuts, quick fixes and the easy path to success. Eddie is sure he has no future as he is faced with unemployment and his girlfriend’s rejection. However, that all changes when an old friend gives him a mysterious pill that allows him to access 100% of his brain abilities. Stoked on the untested drug, Eddie rises to the top of the financial world, but terrible side-effects and a dwindling supply threatens to collapse his house of cards. Quick and easy fixes aren’t so easy after all, or are they?.

                  9.   Wall Street (1987)

                  Wall Street (1987

                    “The point is ladies and gentlemen that greed, for lack of a better word, is good.” – Gordon Gekko

                    This is arguably one of the best entrepreneurial movies of all time. It follows an ambitious young stockbroker, Bud Fox (Charlie Sheen), who will do just about anything it takes to succeed as he is guided by the nebulous motto “Greed is good.” Suddenly, everything comes to a head when Fox is asked to help do something not only illegal, but morally reprehensible. The movie will teach you not to sell yourself out for the sake of money. Being an entrepreneur isn’t just about being rich and famous.

                    10.  The Godfather (1972)

                    godfather-111

                      “Great men are not born great, they grow great . . .”  – Mario Puzo

                      Another strong contender for the all-time greatest piece of cinema for entrepreneurs. It follows the story of the Godfather and his son Michael Corleone who oversee the growth of a small family business into what eventually becomes the largest organized crime family in New York. Although we don’t recommend taking the illegal route, this is a must-see for all entrepreneurs who want to learn what it takes to get to the top, and more importantly what it takes to stay there.

                      I’m sure we’ve left out a few. Tell us in the comments below; what movie would you add that every entrepreneur has to watch?

                      Featured photo credit: Pink Cow Photography via flickr.com

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                      David K. William

                      David is a publisher and entrepreneur who tries to help professionals grow their business and careers, and gives advice for entrepreneurs.

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                      Last Updated on September 29, 2020

                      How to Start an Online Business That Will Grow and Succeed

                      How to Start an Online Business That Will Grow and Succeed

                      Unsurprisingly enough, all businesses are online today. Considering the advances in the smartphone industry as well as the increasingly accessible internet facility, it was only a matter of time before businesses took advantage of the online environment.

                      This increasing popularity makes for a promising future for a lot of young entrepreneurs. And knowing how to start an online business will open up a world of possibilities for you that was not possible 10 years ago.

                      So, keeping the potential for exponential growth in mind, let’s dive into the article below, and explore the steps of starting an online business that will bring you success.

                      1. Becoming the Master of ‘ONE’ Trade

                      Most successful online businesses are the master of one trade. And that’s why beginning with a niche is always a good idea.

                      A niche market is a focused segment within a larger market. Imagine a men’s shoes market and then, imagine handcrafted brown Italian leather shoes for men. While the previous one is a bigger market, the latter one is simply a more focused segment within that market.

                      Knowing the niche helps a lot to start an online business and if you are feeling a bit lost, here are some self-queries that will act as a perfect guide:

                      What Speaks to Your Heart?

                      This first way of discovering the niche is perfect for those who want to do what they love. Working in a market that you love will ensure that constant excitement and drive to do better, eventually leading to ultimate prosperity.

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                      Decisions Based on Knowledge

                      The second way is perfect for those who have a lot of untapped knowledge about a specific industry. Utilizing the insights on a specific industry is a great way to find a niche. This way, you’ll already know all the ins and outs of the industry and can easily get ahead of all the competitors.

                      Undiscovered Potential

                      Lastly, conducting research into various industries and finding an untapped segment is another amazing way of finding the right niche. This practice will require you to come up with a new and unique solution for uncatered audiences.

                      2. When Is Your Idea Valid?

                      All the great ideas for starting an online business needs to be valid. And once you have found the niche, this validation process is what comes next.

                      Proving the soundness of the idea is not at all hard. A detailed industry examination is all you need initially to understand the value of the concept and recalibrate it to turn into a great online business.

                      Market research is a systematic unraveling of the target market. This research will include all the information on the product/service you are about to sell, the target audience, and how the competitors are operating in this crowded market.

                      This in-depth research will give you the initial idea of how the products can make an impact in the outside world. And once the small online business ideas are validated, it will be time to move on and craft a plan and start working on establishing the business.

                      3. Crafting the Map to Success

                      Having a proper plan for an online business is like having a map when you travel to an unknown city. This is a document that includes all the factual information on the business and crucial business data.

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                      To help you out, here’s a list of all the information online business plans must include:

                      • An idea of objective – The best online business plans always have a clear outline of the business goals and intentions. Having this clear outline will increase the efficiency of business functions later on. The target demographic, business model—all kinds of information needs to be a part of this document.
                      • Taking stock of available resources – A startup needs to utilize all the resources it has, and that’s why the plan needs to have an in-depth outline of the financial resources in use as well as the employees and their expertise. With a better idea of all the resources in hand, starting an online business will be an easier process.

                      4. The Virtual Storefront: A Process of Development

                      The steps of how to start an online business are incomplete without the website creation process. With the right website approach, you can easily succeed in increasing business revenue.

                      What does that perfect business website look like? Let’s follow these steps to create an effective business website.

                      Choose Your Approach

                      There are numerous ways of making a website and for a positive outcome, you need to choose the perfect approach. Depending on the business model, initial finances, and end goals, there are two kinds of approaches for the online storefront:

                      • Third-party approach – Third-party platforms will connect you with the customers out there. For small online business ideas, Creating an account or site with these platforms will be beneficial because these platforms come with a large array of services as well as a big enough existing consumer base ready to utilize.
                      • Creating a new website –  A business-specific website will help you eliminate the third party go-between and connect directly with the buyers. With this approach, you get more control over the business and how it is presented to the consumers out there and the revenue you make. Any of the above-mentioned approaches can be beneficial for easy online business startups. However, to achieve some specific business goals, having a customized website will be more beneficial for you.

                      Design Can Bring You Maximum Success!

                      For those who have decided to create their own site, the design is of paramount importance. With a great design, you will be able to engage and interact with the visitors better and encourage them to make a purchase.

                      The design, however, is not just a matter of aesthetics. A website’s design encompasses all aspects of it, from the visual effects to the content that’s used on the site.

                      To create a truly amazing design that reflects new online business concepts here are a few matters to consider:

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                      • Keep it responsive – Many markets are simply skipping over the desktop phase and launching the business for mobile users around the world.[1] Considering this popularity of the mobile internet market, the business website has to be responsive. This approach will help you to reach a bigger audience and conduct business on a larger scale.
                      • Users want a fast experience – Using high-quality images on the site does improve the visuals, but make sure all those images are compressed. Having a faster website will enhance the user experience on the site. Besides compressing all the media content on the site, you can also utilize an asynchronous loading technique that loads all the contents simultaneously, reducing friction. With a faster site, it will become easier to implement the online business startup ideas into reality.
                      • Define the brand – The design stage determines a lot of things for the business website and one of those things is the business image. To make an impact on the world with the business, you have to create a perfect image and for that, a brand guide is necessary. The brand guide is a document that includes all the information and guidelines on various visual elements on the site that makes up the business personality. Based on the kind of image you want to create, all the elements will be outlined in this documentation.

                      Where the Website Becomes Reality

                      Since we know how website design helps to launch a successful online business, it is time to move onto development. Online business development is where the idea becomes a reality. And to make this reality perfect, you need to make sure that the development and deployment process goes well.

                      A high performing site always includes all the right features that enhance the user experience as well as helps you to convert more traffic. And for the best results, ensure the use of only the latest tech stack during development.

                      Here are some development issues you have to pay attention to while building the business website:

                      • The right partner makes all the difference – For small startups who are wondering how to start an online business, finding the right development partner is going to make all the difference. However, before making a decision, there are a few things you should contemplate. The team that you are about to hire should have experience in catering to your industry, as well as an extensive portfolio and good reviews. Additionally, it will be perfect if the agency or freelancer also provides a 360-degree service, from development to maintenance.
                      • How to assure the quality of the site? – Testing the site is an integral part of the answer to the question of “how to start an online business?”. An experienced partner will be able to help you the most with this. From security testing to split testing, this stage in development will help in understanding how well the site functions and what needs to change. And once the changes are made and the test results come clean, it will be time to launch the website.

                      5. Some Tricks to Increase Online Sales

                      Selling online is not easy, but not hard either. In a physical store, you can use campaigns, go door to door with pamphlets, and such. However, successful online businesses have their own style of campaigns that helps them to sell more without any problems.

                      So, what are these tricks?

                      Utilize the Magic of SEO

                      With an increase in quality traffic, the sales ratio will go up too. And to drive quality traffic on the website, you need to utilize the SEO tricks, and probably hire an SEO expert.

                      When starting an online business site, ensure all the content on the site is optimized to rank for the right queries by target consumers. With a higher rank on the SERP, the traffic will increase on the site.

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                      With the increase in quality traffic, it will become easier for you to convert visitors. The visitor data will help you to adjust the site performance. In brief, utilizing SEO will open the doors to a lot of possibilities for your small online business ideas.[2]

                      Entice With Free Value

                      Consumers today have lots of options to choose from. And keeping all that in mind, it will be wise to create a business plan for an online startup that provides free value to the users before asking them to buy something.

                      Consumers want to buy from someone who knows what they are doing, especially in the case of a curated service or goods provider. And that’s why to turn the profitable online business ideas even more effective, you need to start offering free value on the site, with free products and content.

                      Having a blog is also another way of displaying your expertise. With specialized content on the industry, you can easily grab the attention of the audience. And once assured of your knowledge on the matter, consumers will feel a lot safer about making a purchase.

                      A Killer Customer Service Is Everything

                      Your small online business idea needs a better service option. Using AI-based interactive features to implement better support for the global consumer base will prove to be extremely beneficial. With a 24/7 automated support channel, customers will be satisfied with your business and come back more often.

                      It’s an Easy Process: All You Have to Do Is to Start

                      And there it is, the simple five-step process of starting an online business that is bound to succeed. If you look closely, you’ll notice that there are not a lot of differences between creating a physical business and an online one. The main differences are only in the consumer and competitive landscape.

                      While a physical store faces and caters to local competitors and consumers, the online business has to deal with the same on a global basis. So, focusing well on the global market landscape while crafting the plan will help you succeed.

                      More Tips on How to Start an Online Business

                      Featured photo credit: Austin Distel via unsplash.com

                      Reference

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