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Business tips from the best entrepreneurs in the world

This WordPress post presents business tips from the top entrepreneurs in the world, offering insight into the essential aspects of starting and running a successful venture. It contains valuable advice on topics such as marketing, networking, and financial planning, as well as goal-setting and cultivating relationships with clients. Additionally, it covers strategies for handling failure and developing creative solutions to unexpected problems. All of these tips and points are based on the real-world experiences of successful entrepreneurs, allowing readers to learn from the best.

Why are the famous and powerful personalities of past centuries still often mentioned in conversations? Because they are true legends regarding wealth, entrepreneurial success and charity. If you do not occupy a leadership position in the company, but are just starting a career, it will be useful to get inspiration and invisible support from business icons. Their business tips work at all times..

Alexander Hamilton

business tips

My ambitions are so high that I despise the degrading position of a clerk and the like, which fate pushes me to. I would willingly risk my life, but not my character, to elevate my position. I want to prepare the way for the future ”- Alexander Hamilton in a letter of 1769.

Hamilton was born into a poor family on an island in the Caribbean, and this letter was written at age 12, dreaming of more for himself and his career. By the year 17, when a hurricane devastated his house, an orphan who got a job as a clerk wrote a disaster report in a local newspaper. He was attracted by the merchants who raised money to send Alexander to North America for training.
As a result, Hamilton became the founding father and protector of the economic system of the United States of America. It all started with great and ambitious desires, incomparable determination. He saw himself “preparing the way for the future.” This type of character and steel determination remain relevant today..

Benjamin Franklin

business tips

“I got into the habit of expressing myself modestly, never using the idea that could be argued, when I put forward the idea, the words“ unconditionally ”,“ undoubtedly ”or any others that make an opinion categorical. I would rather say: “I think and perceive this situation this way and that”; “It seems to me” or “I should think so and so for such reasons”; or “I suppose that is so”; or “This is so, if I am not mistaken.” This habit, it seems to me, has given me a great advantage. ”- Benjamin Franklin in a 1789 autobiography.

Franklin is one of the founding fathers of the United States and author of The Way to Wealth. He was a respected inventor and is considered the father of electricity. Benjamin himself attributed part of the success to the fact that he was always a voracious reader. He was greedy for knowledge and often sat with new books until late at night. He liked to argue, and developed the habit of not using absolute terms..

Franklin said that the importance of such a construction of thoughts is expressed in the following. If you speak with absolute certainty, making a mistake, and no one corrects you, you will adhere to a false position and will not be able to learn.

This feature of the language is important for any person in business, especially at meetings, speeches, interviews. The ability to speak with caution is perceived as a sign of intelligence and a flexible mind, since there are really few things in life that you can talk about 100% with confidence.

Andrew Carnegie

business tips

“We gather thousands of workers in factories and mines, about which the employer knows very little or nothing, and for whom he himself is little better than the myth. Any communication between them is over. Rigid castes are created. Mutual ignorance breeds mutual distrust. Each caste, without sympathy for the other, is ready to pay tribute to neglect. Between employer and employee, between capital and labor, between rich and poor, friction arises ”- Andrew Carnegie in 1889.

In this passage, the steel tycoon addresses the dark side of capitalism. Carnegie does not deny that the benefits of competition outweigh the negatives, but recognizes that the gap between the rich and the working class is significant. Any successful manager should notice this in order to remain accessible for both employees and clients..

John D. Rockefeller

business tips

“Thoughtful, sober and fair criticism is always valuable. Everyone who wants progress should welcome her. I came across a large share of negative criticism, but I confidently say that it did not embitter me and did not lock the living soul into severe feelings. I do not want to criticize those whose honest opinions, frankly expressed, are different from mine. No matter how noisy the pessimists are, we know that the world is becoming more stable and faster. This is what you need to remember in times of depression or humiliation. ”- John D. Rockefeller in 1909.

Rockefeller was an oil tycoon, an outstanding businessman and philanthropist, one of the richest people in the world and America’s first billionaire. In 1918, he had $ 1.2 billion dollars, which is equal to $ 21 billion at the 2017 exchange rate. Rockefeller did not build his legendary Standard Oil, worrying about skeptics. He accepted balanced criticism and used it to move toward goals. He did not allow others to take time and energy..

Henry Ford

business tips

“Energy and technology, money and goods are useful because they allow us to live freely. They are a means to an end. For example, I do not consider cars bearing my name as just cars. Otherwise, I would do something else. I consider them to be concrete evidence of developing a theory of business, which, I hope, is more than just a theory. Theories striving to make this world a better place to live. ” Henry Ford in a 1922 book.

Ford was a business tycoon, mass production innovator and founder of the Ford Motor Company. His T Ford model made the car affordable for everyday consumers – more than 15 million units were sold from 1908 to 1927. At that time, Ford was very rich. His fortune in 1918 was $ 100 million (about $ 1.8 billion now). But he felt the vital importance of communicating that money is only a means of achieving freedom. Beyond this goal, they mean nothing.

He also believed that any enterprise should ultimately make the world a better place for people to live. And after 100 years, his advice ensures the long-term success of the planet’s entrepreneurs..

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Comments: 2
  1. Finley

    What specific advice or strategies have these entrepreneurs found most valuable in building successful businesses, and how can I apply these insights to my own entrepreneurial journey?

    Reply
  2. Isla Jenkins

    What are some key strategies or tips shared by the top entrepreneurs that have helped them succeed in business?

    Reply
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