Ways to become a better businessman

Some of these things maybe obvious to you, while others may not, but none-the-less there will be something that will be beneficial to you.

  • Don’t let emotions cloud your decisions.
  • Accept criticism, no matter who gives it to you.
  • Never stop networking.
  • Learn from your own mistakes.
  • Learn from other people’s mistakes.
  • Around every corner lies an opportunity for you to sell something.
  • Don’t get too greedy… pigs get fat and hogs get slaughtered.
  • Try not to mix your family life with your business life.
  • No matter how successful you are, you shouldn’t stop learning.
  • Spending money on good lawyers and accountants will save you more money in the long run.
  • Don’t pick a stupid company name and if you do, don’t change it later on.
  • Hiring employees won’t solve most of your problems.
  • Be agile because slow and steady won’t win the race.
  • Being agile isn’t enough, you also have to be scrappy too.
  • Having a good business partner will be a key factor in your success.
  • Don’t be afraid of the unknown.
  • It is easier to save money than it is to make it.
  • You don’t always have to innovate; there is nothing wrong with copying.
  • Have a marketing plan.
  • Don’t under estimate your competition; you can’t always know what they are doing.
  • Watching movies like Boiler Room, will teach you how to sell.
  • If you don’t have a business mentor, you better get one.
  • Your income will be the average of your 5 closest friends, so pick them wisely.
  • Diversifying is a good way to play things safe.
  • It doesn’t matter what you want, it only matters what your customers want.
  • When others are fearful, you should be greedy. And when they are greedy you should be fearful.
  • You don’t always have to pay for advice. You’ll be amazed with the free advice you can get pick up from the web.
  • The best chances you have of becoming rich is through your willingness of working hard.
  • Even the most idiotic business idea can make money.
  • Sex sells and it always will.
  • An easy way to make more money is to up sell to your current customer base.
  • Base your business decisions around metrics.
  • There is no such thing as a safe bet.
  • You don’t have to start a business to be successful.
  • Raising venture capital is harder than being struck by lightening.
  • Staying under the radar isn’t always a bad thing. Being out in the open is a great way to attract more competitors.
  • Learn to be a team player.
  • If you ever get screwed over, think twice before you burn the bridge.
  • Learn to manage both your personal and business money.
  • Live in a location filled with entrepreneurs.
  • If you don’t take any risks, there will not be any rewards.
  • Don’t let anything stand in your way.
  • Sometimes you have to wait for good deals to come to you.
  • The smartest route isn’t always the easiest route.
  • Being too aggressive can backfire.
  • With networking, it isn’t about whom you know, it is about whom your network knows.
  • It’s never a bad thing to know too many rich people. Whether you like them or not, they can always come in handy. So make sure you always play nice with them.
  • Use your email signature to promote your business.
  • Don’t be afraid of social media. It is a great channel for customer acquisition.
  • You’ll learn more from starting your own business, than going to business school.
  • Having a personal blog doesn’t only help build your personal brand, but it helps your business as well.
  • Your competitors don’t have to be your enemies, you can learn a lot from them.
  • You can grow your business by working for free.

About Deafinition

Business & Photography enthusiast. Web Designer. Movie fanatic. Gadget lover.
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