UK Economy Shrinks in September, Posts 0.1% Q3 Growth
The United Kingdom’s economy has experienced a disappointing period of stagnation, contracting by 0.1% in September. This contraction …
Top 6 Successful Business Tips By Billionaire Richard Branson :
Richard Branson an innovative entrepreneur looks forward every challenge as an opportunity and creates a solution. Just at the age of 40, he is able to produce more than 1000 products also he openly confirms that there is no shortcut for success. One has to look into the needs of people, innovate, create and market the product. He adds that allotting huge sum for the marketing will also not help the companies to be successful.
He is a resourceful person and a versatile entrepreneur urges the community to follow the following tips steps for the success of the business.
1. Nurture your interests:
Any person will not be successful until he is self-motivated and has interest. So he advises entrepreneurs to follow their dreams. Passion towards a goal may solve the majority of hurdles towards reaching it.
2. Create value to the society:
“If you don’t make a positive difference to the lives of other people, then you shouldn’t be in company,” Branson says, “this doesn’t just apply to individuals, but to businesses as a whole.
3. Believe in yourself:
When you don’t advocate for yourself, you don’t give an excuse to someone else. As Branson says, “Why should anyone else, if you’re not proud of your vision and believe in your plans?”
4. Don’t give up:
“There have been moments in every adventure I’ve been on— either setting up a business, flying around the world in a balloon, or sailing across the ocean in a boat— when it would be easy to give up,” Branson writes. But he has driven himself to immense success, both personal and professional, by sticking things through.
5. Take care of your team members:
Satisfied employees will be highly motivated and better performers which is a positive note for the success of your business.
6. Market your product yourselves:
When you sell the products you will know exactly the problems occurring of it and direct customer feedback will make your product stronger and better. As you are confident on your product you can be a better salesman says Branson.
The tips given are widely accepted and propagated by many other entrepreneurs such as Mark Zuckerberg, Smith, Mark Cuban so on. This would be motivator for many challenging entrepreneurs.
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