In today’s world, anyone can be anything when they have access to the right resources. Still, the world of entrepreneurship can be tricky. Even when establishing a business and forming a team has never been more feasible, the abundance of options and the surge of competition can blur our goals and quickly change our courses of action.
In an article published by Ryan Robinson, he cites over 60 entrepreneurs’ best pieces of advice. For this article, we’re jotting down the ones that resonate with us here at MVP.dev the most!
Best Advice For Aspiring Business Leaders From Successful Entrepreneurs
Mark Cuban, Co-owner of 2929 Entertainment
“What I always ask people is, one, is it something you love to do and, 2, is this something you’re good at?”
Like many thriving personalities and visionaries, Mark Cuban challenges the average dreamer to pursue what they enjoy doing.
Exploring a venture you’re generally inclined to allow you to more naturally gravitate around how else you can improve what you have to offer without it feeling like a heavy chore. Sure, burnouts are normal, but when you go for something that makes you feel alive, the fuel to set higher goals feels more organic.
Chase Jarvis, CEO of CreativeLive
“Scratch your own itch. Go after solving a problem that you have. Something that’s near and dear to you, not some random market opportunity.”
When you’re not passionate about something, the chances of you abandoning your venture the moment it loses momentum can be high. This is why Chase Jarvis’ words easily remind us how crucial it is to authentically be curious and passionate about the business matters you go for.
Syed Balkhi, Founder of WPBeginner
“Often new entrepreneurs wait too long to put their product out in the market. With limited resources at hand, it’s crucial that you get an MVP out ASAP and start getting traction. Take the user’s feedback to iterate and improve your products.”
Syed Balkhi’s advice reminds us that perfection is a disease. There are a billion great ideas, but not all of them are perfect. As such, the ability to breeze through iteration and treat adjustments as warmly as possible should come naturally to any business leader. Put out what you can, listen to your market, look at the numbers, and change what you need to. Business is multifaceted but it doesn’t have to be complicated.
Srinivas Rao, Author and Podcaster
“Probably the most costly mistake many entrepreneurs make is in choosing the people that they work with or hire. It’s a mistake I’ve made. And it’s a mistake I’ve seen over and over again.”
Srinivas Rao’s approach isn’t the most novel route, but it works. According to the creative personality, he and his team employ people per project first to assess the waters. If these trial projects fly, they then discuss expanding projects and doing more business with the professional. While not everyone will find this convenient and efficient, Rao’s words on choosing the people you collaborate with ring true. Remember: the people who help you expand your business can either build or drain your company culture too.
Laurence Bradford, Creator of Learn to Code With Me
“The biggest mistake new entrepreneurs make is not putting themselves out there. If you want to succeed as an entrepreneur, you need to show others what you’re doing.”
Laurence Bradford is spot on. You don’t have to be a Hollywood celebrity to establish a large following. Anyone with a business or an offering should strive to create an audience to better introduce what they have to offer. Whether you like it or not, putting up a business also means introducing yourself as an expert. That said, you’re going to want to network as much as you can and tell others about what your business is and why your brand matters.
Emmanuel Straschnov, Co-founder of Bubble
“We want to empower everyone to create technology instead of just being a user. Most jobs and activities will require some programming in the future, but everyone can’t learn to code: it’s slow and tedious. There has to be a more efficient way to build things.”
This one didn’t come from the same article per se, but this quote spoke to us on many levels. Thanks to this interview by Hackeroon, Emmanuel Straschnov’s words ring even timelier. Inefficiency can be costly, and organizations that aren’t clever with their approach to workflows and technology can be on the losing end.
What’s more, the fulfillment one feels when bridging technical gaps and solving complex problems without relying on coding experts and IT departments can be empowering. Not only does no-code help users become more involved in bettering processes, but it also allows more people to be creative and cerebrally stimulated, as well.
Contrary to popular belief, the future isn’t distant. As a matter of fact, the future unravels day by day. That said, leaders who explore the business space must be mindful of how they want to execute their ideas.
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