Entrepreneurship requires continued learning and if you're not constantly learning and testing new things, then eventually your competitors will take the lead. The trick is to quickly access new tactics and incorporate those that work to enhance your business goals."
Networking is the other main thing I see many new entrepreneur ignoring. Talking to the right person can be 100x more beneficial than some course or tactic alone."
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It will help you design your personal MBA which will teach you more than any formal setting out there. Learn to read people, master the art of communication and become comfortable with being uncomfortable. Once you figure out what drives you, use that power to help people."
For any business owner it is crucial to define processes behind every goal and KPI. Success is the continued refinement of these processes until results start to show."
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What is the difference between our companies? Why did that strategy bring them difference results when it will never deliver the same for us? What is the difference in our DNA?"
First, let yourself wander. Try new things, meet people outside of your comfort zone and travel."
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First-time entrepreneurs pay too much attention to what other companies are doing without thinking for themselves."
Every company is unique and has an entirely different DNA. A particular strategy may not work for your company, but that doesn’t mean that it won’t work for mine and vice versa. My piece of advice is that you should always ask yourself: Why didn’t that strategy didn’t work for them, and will it work for me?"
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