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20 Famously Successful People Sum Up Their Work Advice

20 Famously Successful People Sum Up Their Work Advice

We all admire people who’ve succeeded in their field – successful people who we all admire. We want to be like them, be as rich as them.  Sometimes, we want to be them.  We want to know what they know, what they did, so we can reach that pinnacle where they are standing.

Here are 20 people sharing what they did to succeed:

1. Warren Buffet, Investor

“I don’t try to jump over 7-foot hurdles; I look for 1-foot hurdles that I can step over.”

The Oracle from Omaha is the 4th richest man in the world and probably the best investor of the century.  Buffet is actually known for his meticulous and deliberate analysis of any business he is interested in.

2. Oprah Winfrey, Media Mogul and Businesswoman

“Whatever your goal, you can get there if you’re willing to work.”

Oprah Winfrey, the Queen of All Media, is one of the most successful media personalities in the world.  You can bet she got all her achievements because of her perseverance.

3. Larry Bird, Professional Basketball Player

“I don’t know if I practiced more than anybody, but I sure practiced enough. I still wonder if somebody – somewhere – was practicing more than me.”

Larry Bird played for the Boston Celtics from 1979 – 1992. He is a 12-time NBA All-Star and an MVP for 3 consecutive years. Bird won 3 NBA championships and 2 NBA Finals MVP awards.

4. Tiger Woods, Professional Golfer

“No matter how good you get you can always get better and that’s the exciting part.”

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Tiger Woods is one of the most successful golfers and one of the highest paid athlete in the world. Woods has been the ranked 1 golfer for the most consecutive weeks and for the greatest number of weeks.

5. Stephen King, Author

“If you don’t want to work your ass of, you have no business trying to write well.”

Stephen King is one of the century’s most successful authors, with 54 novels, 200 short stories and 5 non-fiction books under his belt.  Over 350 million copies of his books have sold worldwide, many of them adapted into film and television movies.

6. Vince Lombardi, American Football Coach

“It’s not whether you get knocked down, it’s whether you get up.”

Vince Lombardi is one of the most successful NFL coaches in history, leading the Green Bay Packers to five NFL Championships. For him, getting back up is an achievement and a vital key to winning.

7.  Bill Gates, Businessman

“Never took a day off in my 20s. Not me.”

Bill Gates, founder of Microsoft, is one of the richest people in the world, has been since 1995. His work ethic while building Microsoft one of the reasons the company is a leader in computer technology.

8.  Twyla Tharp, Ballet Dancer and Choreographer

“Be aware of what distract you and give it up for a while.”

Twyla Tharp is a successful American ballet dancer and choreographer.  She has been awarded with 2 Emmys, a Tony, 19 honorary doctorates and various other awards, recognizing her achievements in dance.

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9. Larry Page, Computer Scientist

“Always deliver more than expected.”

Larry Page is an engineer and computer scientist who co-founded Google.  He is currently Google’s CEO.

10. Mark Cuban, Businessman and Investor

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

Mark Cuban is known as the current owner of NBA’s Dallas Mavericks.  He is a businessman and investor, who cashed in early on the first tech boom.

11. Jack Welch, Former CEO of General Electric

“Be candid with everyone.”

Jack Welch was the CEO and Chairman of the Board of General Electric from 1981 to 2001.  During his tenure, he increased GE’s market value from $12million to $280 billion today.

12. Stan Lee, Comic Book Writer, Editor and Publisher

“I try not to do anything that’s too close to what I’ve done before. And the nice thing is we have a big universe here. It’s filled with new ideas.”

Stan Lee is a comic book writer, editor, publisher, and former President and Chairman of Marvel Comics.  He co-created many of Marvel and DC Comics’ biggest characters like Spider-Man, Iron Man, Thor, X-Men, Silver Surfer and many more.

13.   Wayne Gretzky, Professional Ice Hockey Player

“I wasn’t naturally gifted in terms of size and speed; everything I did in hockey I worked for…”

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Wayne Gretzky is a former professional ice hockey player and is considered the greatest hockey player ever.  He leads in the NHL in number of assists and point-scoring, and is the only player to have over 200 points in one season.

14. Neil Gaiman, Author

“As an author, I’ve never forgotten how to daydream.”

Neil Gaiman is an English author of novels, comic books, graphic novels and short stories.  He has been the recipient of many awards including the Newbery and Carnegie medals.

15.  Donald Trump, Businessman

“…listen to your gut, no matter how good something sounds on paper.”

Donald Trump is a successful businessman, investor and celebrity. He is the chairman of The Trump Organization and he built his money on real estate, hospitality and entertainment.

16.  Richard Branson, Businessman and Investor

“As much as you need a strong personality to build a business from scratch, you also must understand the art of delegation. I have to be good at helping people run the individual businesses, and I have to be willing to step back.”

Richard Branson is a businessman, investor and the founder of Virgin Group, a conglomerate that is made up of more than 400 companies.  Branson is the 7th richest citizen of the United Kingdom.

17.  Simon Cowell, Producer and Talent Scout

“The secret of my success is that I make other people money.”

Simon Cowell is a producer, talent scout and celebrity who rose to fame as a judge on talent shows like American Idol and Britain’s Got Talent. Some of the talents under him include One Director and Il Divo. He is one of the richest persons in the British music industry.

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18.  Steve Jobs, Inventor and Entrepreneur

“Be a yardstick of quality. Some people aren’t used to an environment where excellence is expected.”

Steve Jobs is an inventor, businessman and the co-founder of Apple, Inc. He was the CEO of Apple, Inc and under his tenure saw the development of the iMac, iTunes, iPod, iPhone and the iPad, some of the most successful devices in the world today.

19.  Madonna, Entertainer

“I’m always looking for something new: a new inspiration, a new philosophy, a new way to look at something, new talent.”

Madonna is one of the most successful artists in the world today. She is a singer, songwriter, actress and businesswoman, known for reinventing herself and her music throughout the years. She has sold more than 300 million records worldwide and is the best-selling female recording artist of all time.

20. Meryl Streep, Actress

“I think the most liberating thing I did early on was to free myself from any concern with my looks as they pertain to my work.”

Meryl Streep is one of the greatest film actors of all time. She is a three-time Academy Award winner, eight-time Golden Globe winner and was awarded the 2010 National Medal of arts and the 2014 Presidential Medal of Freedom.

Featured photo credit: 04222014 – Success Boot Camp Graduation at PCP/US Department of Education via flickr.com

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Last Updated on October 18, 2018

10 Key Characteristics of a Highly Successful Entrepreneur

10 Key Characteristics of a Highly Successful Entrepreneur

When it comes to starting your own business and pursuing your dream of becoming an entrepreneur, it can be advantageous to go all in and embrace the flexibility of finally quitting your day job.

Keep in mind, though, that it takes a special kind of person to take the business world by storm: a person who has cultivated the key characteristics of entrepreneurial success.

People with these characteristics are likely to succeed, whereas people without them have difficulty moving forward with even the most brilliant business ideas.

These characteristics of an entrepreneur are so important that I’ve decided to cover all 10 of them in detail so that you can start your business with your best foot forward.

1. Successful Entrepreneurs Practice Discipline

Plenty of business experts claim that you can’t get anywhere as an entrepreneur without vision or creativity, but that’s simply not the truth. Instead, the one quality that no entrepreneur can be successful without is discipline.

To build an idea into a business, you have to have the discipline to spend time slogging through the least fun parts of running a business (like the bookkeeping), rather than taking that time to do something fun.

Andrew Carnegie, one of the most financially successful Americans of all time, grew up working dull and difficult jobs in factories. Despite going to bed hungry some nights, he continued doing his best work. He was eventually hired by a railroad company and continued to move up the ladder until starting his own successful businesses. Carnegie is a fine example of an entrepreneur dedicated to discipline and hard work. He truly earned his dreams of prosperity and success.

When you’re the boss, there’s no one to keep you at work except yourself — and there’s no short-term consequences for skipping out early.

Sure, if an entrepreneur plays hooky enough he knows that the business just won’t happen, but it’s very hard to convince someone that ‘just this once’ won’t hurt (and to keep ‘just this once’ from becoming a daily occurrence).

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2. Successful Entrepreneurs Keep Calm

Things go wrong when you run your own business.

Most entrepreneurs go through crises with their businesses — and more than a few wind up with outright failures on their hands. But when you’re responsible for a business, you have to be able to keep calm in any situation. Any other reaction — whether you lose your temper or get flustered — compounds the problem.

Instead, a good entrepreneur must have the ability to keep his cool in an emergency or crisis. It may not make the problem easier to solve, but it certainly won’t make it harder.

Honestly, losing your calm is a quick path to becoming the kind of person who gives up in the face of adversity. Instead giving in to frustration, remember classic entrepreneur Benjamin Franklin.

Franklin kept his calm as he experimented and tweaked his inventions again and again in pursuit of success. He didn’t give up during his many failures – he chose to innovate. You can choose innovation, too.

If an entrepreneur can handle failure without frustration or anger, s/he can move past it to find success.

3. Successful Entrepreneurs Pay Attention to Details

Restricting your attention to the big picture can be even more problematic than ‘sweating the small stuff.’

As an entrepreneur, unless venture capital has magically dropped out of the sky, a small expense can be a killer. It’s attention to detail that can make a small business successful when it has competition and it’s attention to detail that can keep costs down.

Attention to detail can be difficult to maintain — going over ledgers can be tedious even when you aren’t trying to pay close attention — but keeping your eye on a long-term vision is just asking for a problem to sneak in under a radar.

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After a business grows, an entrepreneur might be able to hire someone to worry about the details. In the beginning, though, only one person can take responsibility for the details.

Skeptical about the importance of details? Look no further than Howard Schultz, who grew a small coffee shop called Starbucks into one of the most globally successful coffee businesses in the world through his extreme attention to detail.

He is famous for taking all aspects of growing a business into account, paying attention not only to financially smart business decisions, but also focusing on socially responsible business decisions. Details can take you far.

4. Successful Entrepreneurs Embrace Risks

No entrepreneur has a sure thing, no matter how much money s/he stands to earn on a given product. Even if a product tests well, the market can change, the warehouse can burn down and a whole slew of other misfortune can befall a small business.

It’s absolutely risky to run a business of your own and while you can get some insurance, it’s not like most investment options. Even worse, if something does go wrong, it’s the entrepreneur’s responsibility — no matter the actual cause. In order to deal with all of that without developing an ulcer, you have to have a good tolerance for risk.

You don’t need to channel your inner frat boy and take on absolutely stupid risks, but you need to know just how much you can afford to risk — and get a good idea of how likely you are to lose it. If the numbers make you uncomfortable, the risk is too great.

Embracing risks is essential for growth and additional success, as well. Walt Disney, for example, could have stayed comfortable with his advances in the film and animation industries, but decided to expand his brand with a new dream: a theme park that soared above the competition. Without taking this risk, the incredibly successful Disney theme park empire would never have come about.

An entrepreneur has to be willing to accept pretty big risks, with some level of comfort.

5. Successful Entrepreneurs are Balanced

You can take any characteristic too far. There’s a point at which attention to detail can become obsession or calm can become unemotional response.

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As an entrepreneur, you have to be able to balance your characteristics, getting the most of them without going over the edge. But balance for an entrepreneur goes far beyond keeping your characteristics in check, though.

Just as an entrepreneur doesn’t have a boss to keep them at work when necessary, they don’t have one to send them home when they’re done. If you are working for yourself, you have to decide how to balance your work and home life — and if you have a day job to add into the equation, balance just gets more complicated.

Oprah Winfrey, one of the most successful and influential entrepreneurs out there, understands the importance of balance. Winfrey has a lot going on; she runs her own media kingdom, acts, produces films, publishes print, and more. In an interview with Fast Company,[1] she talks about her efforts to balance priorities and self care, saying that she must ask herself what is truly important in each limited day.

You may or may not have as much on your plate as Oprah, but learning how to balance whatever you have going on in life will certainly help you farther along down the road as you learn to be a great entrepreneur.

6. Successful Entrepreneurs are Passionate and Motivated

In order to develop any of the above characteristics, you must have a foundation of passion. Staying disciplined day after day during the building of your business takes unrivaled motivation.

Before you start any business, ask yourself if you can sustain true excitement about your idea during even the darkest days ahead of you. If the answer is yes, then good for you! Nurture your natural motivation by taking these action steps throughout your business journey:

  • Commit to making short and long-term goals. Check in with them often to stay on task.
  • Have a plan in place for the inevitable days when you feel discouraged. Make a list of things that will help keep you motivated and focused.
  • Share your ideas with trusted individuals who are just as excited as you are. They will help keep your enthusiasm rolling even when you are feeling down.

By being prepared for apathetic days and holding fast to your authentic passion, you can actually enjoy your journey to success.

7. Successful Entrepreneurs Adapt

Remember this one word: flexibility. Seasoned entrepreneurs know that change is not only a part of life, but also a part of the business world. Expect change and choose to adapt.

As a new entrepreneur, it will be tempting to cling to your original business plan with no exceptions, even if you notice it isn’t working. Good entrepreneurs know that it’s okay to make smart, informed changes in order to ensure efficiency.

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8. Successful Entrepreneurs are Marketing and Sales Experts

No matter what kind of business you are starting, a knowledge of marketing and sales will save you many headaches. A passion for creating a beautiful handmade lifestyle product is not enough to run a successful lifestyle brand; it is critical that you understand key business principles in addition to your natural skills or great product line.

Not sure how to start? Taking business courses is a great idea, but you can also easily brush up on sales and marketing through free online resources. Check out these 10 Sales Skills Everyone Should Master To Be Successful to begin now.

9. Successful Entrepreneurs Have Strong Money Management

Along with sales and marketing skills, money management is a very useful tool in the box of the entrepreneur. Understanding how to best manage your money can be the difference between early success and early failure in the business world.

If money management isn’t your strongest skill, prepare to hire a financial expert to help you with any tricky business that comes up. Financial guidance and knowledge is never a bad idea.

10. Successful Entrepreneurs Ask Questions and Continually Improve

Pride is a natural human quality, but it’s important to humbly conduct some constructive criticism every now and again on both yourself as a leader and your new business as a whole.

Assess how things are going and be willing to make positive changes if necessary. Here’re 15 ways to cultivate lifelong learning.

If you are always improving, then how can you ultimately fail?

The Bottom Line

Let me remind you of one important fact: the qualities of an entrepreneur listed here are not exclusively available to some people and elusive to others.

Although some people may have natural strengths and weaknesses, these qualities can be learned by anyone interested in taking up the entrepreneurial challenge. It might not be easy to change old habits, but it is absolutely possible to cultivate these characteristics in yourself.

Whether you’re a business owner or an aspiring entrepreneur, with hard work, you can train yourself to develop the qualities that truly determine the entrepreneurial spirit and future success.

Featured photo credit: Unsplash via unsplash.com

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