Category: Business topics

An article that appeared in The Huffington Post entitled ‘How Entrepreneurs set themselves apart’ describes how entrepreneurial people do things differently which has a great bearing on their success.

Briefly here are the eight things that were outlined as being the most important characteristics.

1. They’re brave enough to commit to their dreams
2. They think of their customers more than themselves
3. They never stop learning
4. They never give up
5. They love failing
6. They find and fill a need of the world
7. They take old ideas and make them way, way better
8. Above all, they action

One of the main things that separates successful people from thos who simply try to achieve their goals is that entrepreneurs do not fear failure, it is something to embrace whereas for many of us, the fear of failure is can be paralyzing, to the point where we would simply give up trying. Henry Ford once said… “Failure is simply the opportunity to begin again, this time more intelligently”

So never give up on your dreams and view each setback as a learning experience.

To read the full article Click here

Dragons Den returns to our TV screens soon. More budding entrepreneurs will be pitching their business ideas to the dragons who are all successful business people who have made millions from their various businesses.

With this in mindd we thought we would take a look at how other successful UK millionaires made it big with their own business ideas. Peter Jones, one of the original Dragons meets up with Michelle Mone CEO of MJM International Ltd and Richard Reed, one of the founders of ‘Innocent’  drinks and asks them some pertinent questions.

Is success in business down to hard work and persistence? Or just pure luck?

An article in the Guardian Small Business Network tells how “Guy Kawasaki, former marketing guru for Apple and Google, believes a good idea is 10% hard work and implementation, and 90% luck”. But can success in business really be left to chance?

David Rockefeller had a different opinion, he said “Success in business requires training and discipline and hard work”. He also went on to say…”If you’re not frightened by these things, the opportunities are just as great today as they ever were”. And I believe that to be true. I personally think success in business is a combination of things. Luck and hard work being the greater part. But I also believe that a business has to be involving and enjoyable to run. You need to be passionate about your business, because without passion you’re less likely to stay the course when things get tough.