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What You Need to Know in Order to Become a Successful Entrepreneur

By Edijs Satiks


Sales and Marketing tips, SEO, Social Media, Startup advices, lessons from business tycoons on how to become a successfull entrepreneur.

Edijs Satiks — Entrepreneur, adventurist and life-lover. Married to the beauty of our world's nature and have a ...

Added by Edijs Satiks: “Learn what you need to consider before naming your business.

1 How to Name a Business

What's in a name? A lot, when it comes to small-business success. The right name can make your company the talk of the town. The wrong one can doom it to obscurity and failure. Ideally, your name should convey the expertise, value and uniqueness of the product or service you have developed. Some experts believe that the best names are

Added by Edijs Satiks: “Learn from Sir Richard Branson how to run two startups at a time.

4 Richard Branson on How to Run Two Startups at Once

Editor's Note: Entrepreneur Richard Branson regularly shares his business experience and advice with readers. Ask him a question and your query might be the inspiration for a future column. Q: I am 25 and studying entrepreneurship in the Netherlands. A few colleagues and I have launched two innovative, demanding startups: 1) A solution for preventing consumer returns, designed for manufacturers

Added by Edijs Satiks: “Learn these 7 crucial lessons from others so you wouldn't have to experience these painful failures on your own skin and jeopardize your business.

5 The 7 Toughest Startup Lessons You Don't Want to Learn the Hard Way

I started my first business at 19 years old and thought I knew it all. The business quickly grew to $500,000 in gross revenue with five employees in three states. Business was good, but because I didn't learn how to manage my business, things quickly got out of control. Six years into the business, because of mismanaging the finances, I

Added by Edijs Satiks: “Learn the 12 phases and the mix of feelings you'll go through when becoming an entrepreneur.

6 From Dreaming to Succeeding, the 12 Phases of Entrepreneurship

Euphoric super fans tout entrepreneurship as the best thing since the iPhone. Others describe it as a never-ending slog of busywork. The truth lies somewhere in the middle. If you're a new entrepreneur, or an aspiring one, read on to see which phase of entrepreneurship you're at right now, and how to prepare for what's next. Related: 9 'Mindsets' You

Added by Edijs Satiks: “Learn what is one of the most critical characteristics you need in order to become a successfull entrepreneur.

7 Malcolm Gladwell On Steve Jobs

Amy Sussman (Getty)/ Sean Gallup (Getty)By the time Steve Jobs died, he was arguably the greatest tech entrepreneur in history - he sired the world's most valuable company, changed the way people interact with machines, and spawned a cottage industry of management gurus mining his life for Jobsian wisdom. According to popular author Malcolm Gladwell, an icon in his own

Added by Edijs Satiks: “Learn why a beginning entrepreneur needs a mentor and how to find one.

8 Richard Branson's Guide to Finding a Mentor

No matter how smart you are, or how brilliant or disruptive your business concept might be, every entrepreneur needs a good mentor. Someone, somewhere, has already been through what you are experiencing right now, and he has come out the other side armed with invaluable insights. In fact, the difference between a budding entrepreneur who merely shows promise and one

Added by Edijs Satiks: “32 valuable tips from entrepreneurs on how to manage your people.

10 Managing People Is an Art

Managing a staff of employees - with their diverse personalities, responsibilities, ambitions and pet peeves - can sometimes feel a bit like nailing Jell-O to the wall. And at small companies, where every single employee needs to pull their weight to move the business along, it can feel like nailing Jell-O to a wall and then trying to balance a

Added by Edijs Satiks: “Do you have the ambition it takes to become successful?

11 Jack Ma: If you’re still poor at 35, you deserve it!

You are poor because you have no ambition. Jack Ma: Before I founded Alibaba (阿里巴巴), I invited 24 friends to my house to discuss the business opportunity. After discussing for a full two hours, they were still confused - I have to say that I may not have put myself across in a clear manner manner then. The verdict: 23

Added by Edijs Satiks: “Don't kill your great idea by your own lack of experience, instead, learn as you go!

13 Great Idea for a Business, But No Experience? These Founders Prove It Can Be Done.

Sometimes when you're starting a new company, your confidence wavers and you need a sign you're heading in the right direction. Hard work and a sign that came in the form of a trip to the barber shop helped propel Ariel Nelson and Lane Gerson toward the launch of Jack Erwin, a year-old men's footwear company that just raised $9

Added by Edijs Satiks: “Learn what not to say in a sales pitch.

14 1 Word That Immediately Kills Your Credibility

Never say it again, if you can help it This post is in partnership with Inc., which offers useful advice, resources, and insights to entrepreneurs and business owners. The article below was originally published at Inc.com.I have watched more salespeople and companies pitch their ideas over the years than I care to count. And during thousands of interviews with consumers

Added by Edijs Satiks: “Learn about the impact a color can make on your company's image and your website effectiveness.

15 The Psychology of Color in Marketing and Branding

The psychology of color as it relates to persuasion is one of the most interesting--and most controversial--aspects of marketing. The reason: Most of today's conversations on colors and persuasion consist of hunches, anecdotal evidence and advertisers blowing smoke about "colors and the mind." To alleviate this trend and give proper treatment to a truly fascinating element of human behavior, today

Added by Edijs Satiks: “You are on the right track if you avoid these deadly newbie entrepreneurship sins.

16 7 Sins of Newbie Entrepreneurs

Most entrepreneurs are familiar with the ridiculously high percentage of small businesses that will fail in the first couple years. The business owners who survived the odds will tell you that they didn't achieve success on sheer passion alone. It took hard work, and in most situations, it didn't happen over night. After spending the last decade running my own

Added by Edijs Satiks: “Some valuable lessons you can learn from Zeta Interactive CEO David A. Steinberg.

17 How To Grow A Business To $100 Million In Sales, From Someone Who's Done It Twice

Judae1/Wikimedia CommonsZeta Interactive CEO David A. Steinberg has lived through remarkable success and failure alike as a serial entrepreneur and executive. In his 20-year career, he's learned hard lessons that have made him wiser, more effective, and especially more prudent, he tells Business Insider. Steinberg jumped into the growing cellular-phone industry a year out of college, founding the retail chain

Added by Edijs Satiks: “Look for these signs in order to spot your need to start your own business.

18 50 Signs You Need to Start Your Own Business

If you're sitting at your desk, daydreaming to start your own business, this is the article for you. You already know that launching a company can be an intimidating process requiring tons of hard work. But the question has been lingering with you day and night. Maybe you're just unhappy with your current position. Perhaps you've always dreamed of opening

Added by Edijs Satiks: “Draw some inspiration from some of these millionaire entrepreneurs' success stories.

20 4 Lessons in Success From Millionaire Entrepreneurs

How great would it be to be a fly on the wall as some of the biggest companies are developed? Or to hear about the challenges entrepreneurs have faced on the road to their first million? Last week at the third annual Chicago Ideas Week, a group of successful entrepreneurs opened up about how they created their companies, shared the

Added by Edijs Satiks: “Lessons learned after a year of being an entrepreneur - some valuable insight from somebody who has gone the road you're going to go.

21 What I Learned in My First 365 Days as an Entrepreneur

Even with a cool 18 months on the books the designation as business owner, much less founder, still feels as ill fitting as a speedo. Just as ill fitting? The idea that insights I've gleaned so far might help someone else who has just made the same lonely leap feels a little strange. And yet, the road from an office

Added by Edijs Satiks: “Learn the 14 key tips you need to know in order to successfully build you social media presence and brand.

22 Advice From 14 Experts for Getting Online Traction for Your Startup

As an early-stage startup, building brand awareness is one of the most important parts of your business. To succeed you must get the word out about your brand, cultivate an audience and expand the reach of your company. Generating online traction is a top of priority, second only to getting funded. However, getting large volumes of website traffic and piquing

Added by Edijs Satiks: “Some great quotes about brand publishing.

25 25 Quotes That'll Make You a Better Brand Publisher

Content Marketing is hard. Trust us - we know. Everyday, here at The Content Strategist and at our sister site, The Freelancer, we create content that we hope will help writers, multimedia and marketers tell better stories while also moving the needle for Contently. Below are quotes from some great thinkers, writers, and marketers that get us pumped up to

Added by Edijs Satiks: “Learn how to spot a disengaged employee and what to do with him.

26 13 Signs of a Disengaged Employee (Infographic)

Complaining, gossiping and lying are just a few of the worst traits of disengaged employees. Everyone has worked with a disengaged employee or coworker at one time. They're easy to spot once you chat with them for a few minutes: they just don't care about whether the company succeeds or fails. Instead of helping your business grow, they're dragging it

Added by Edijs Satiks: “Learn from this insightful Joshua Klein talk why you should invest more in networking and how this will pay you off afterwards. He also gives some really great examples on how it paid off for him.

27 Joshua Klein: Invest in Your Network & Your Network Will Invest in You

More than ever, your network is the most valuable asset you have. So then why has "networking" become a dirty word? Why do we envision sleazy conference goers or slick salesmen when we think of networking? In this 99U talk, hacker and author Joshua Klein shares how technology and growing "black markets" are optimizing our world for relationships. But building

Added by Edijs Satiks: “Check out these 5 essential reads for startup entrepreneurs which will prepare you for the upcoming struggles and teach you how to run your company more effectively.

30 5 Essential Reads for Startup Entrepreneurs

For entrepreneurs to stay afloat in the startup world, they have to be able to learn on the fly. Otherwise, they will just sink. While I believe the best lessons come from actual experience, founders can also learn a great deal from listening to experienced entrepreneurs, talking to mentors and simply picking up a book. Here are a handful of

Added by Edijs Satiks: “Learn from other entrepreneurs' experiences how to make your vision come true even if you initially lack the knowledge.

31 How Learning-as-You-Go Is Part of the Entrepreneur's Journey

As a college student I am surrounded by people who study a lot. Going to class and keeping up with your workload is important but is it essential to starting your own business? Almost every entrepreneur is self-taught. We see a problem and create a business around fixing the problem. Entrepreneurs are the ones who have a vision and work

Added by Edijs Satiks: “Learn the DOs and DON'Ts on how to be a successful rookie CEO.

32 8 Ways Rookie CEOs Can Succeed Faster

According to an article in The Wall Street Journal citing research from Strategy& (formerly Booz & Co.), about 76 percent of top CEO s departing for any reason last year were rookies, up from 58 percent in 2011. Why do so many rookie CEOs fail? I believe the biggest reason is that the CEO role is 180 degrees different than

Added by Edijs Satiks: “Learn some valuable tips on how to get media attention.

33 4 Ways to Get Media Attention Without a Press Release

A friend recently shared a press release his company had sent to several media outlets that purported to deliver some news. Problem was, the release contained nothing truly newsworthy. One big strike: It mentioned that my friend had been hired for his new position last year. Last year? Given the 24/7 news cycle, that may as well have been 1913,

Added by Edijs Satiks: “A quick-read on what to focus on in building your brand.

34 Don't Overlook These Small, Quick Steps to Powerful Brand-Building

Developing a company brand requires time, dedicated marketing professionals and dollars. Jayson DeMers, founder and CEO of AudienceBloom (a content marketing and SEO agency) advises time-poor and cash-strapped entrepreneurs to also focus on one-on-one daily interactions that can solidify and share your startup brand with others. He says that overtime, these small steps have a big impact on branding. In

Added by Edijs Satiks: “Learn the Dos and Don'ts on how to increase your productivity and achieve greater results.

35 4 Bulletproof Productivity Secrets Gleaned From the World's Great Achievers

What defines an elite performer isn't how they perform when everything is going well but the way they deliver when their well-laid plans are falling apart. Peak productivity is the result of dedication and awareness. Regardless of your current situation, what business you're in or what your goals are, productivity is extremely important. In a time of constant movement, constant

Added by Edijs Satiks: “Find out what are the key things every entrepreneur should be doing te be happy.

37 5 Remarkable Things Happy Entrepreneurs Do

Entrepreneurs are famously optimistic. They are endowed with a bias toward optimism, according to research by Penn State University. This tends to be doubly true for serial entrepreneurs, who look at each time at bat as an opportunity to hit a home run. But the entrepreneurial lifestyle can also be extremely stressful. There are long hours, tight deadlines and the

Added by Edijs Satiks: “Great tips on how to use your Google Webmaster Tool to analyze and improve your site's SEO.

38 8 Advanced Webmaster Tools You Should Be Using for Better SEO

Google Webmaster Tools (GWT) is one of the most powerful resources in an online marketer's toolbox -- especially when it comes to SEO. Most of us know how to get around in GWT, and are familiar with some of its basic functions. But there's so much you can do in GWT that will enhance your site's ranking in the search

Added by Edijs Satiks: “Some valuable advice on what problems to expect and how to solve them for startups.

39 6 Things I Wish Somebody Had Told Me When I Started My Small Business

I co-founded my business NutraBella, Inc. in 2005 after hearing my pregnant friends complain about their horse-pill sized pre-natal vitamins. We dreamed of giving women better vitamin options with Bellybar. Fast forward to today where I spend my days on the QuickBooks team working to make small business management easier and more fun. As I hear from small businesses owners

Added by Edijs Satiks: “Learn what it takes to become a truly great boss and manage people the way you should.

40 What Makes a Great Boss?

I was not a great boss. There, I said it. Do I feel badly about that? Not really. After all, nobody's perfect. Besides, I don't think I was a terrible boss; it just wasn't what I excelled at. Just so we're clear, when I say 'boss' I mean managing people. Don't get me wrong. The executive management teams I was

Added by Edijs Satiks: “Learn how to seperate a good SEO partner from somebody who only cares about their sales figures and promises you doubtful results and methods.

41 6 Warning Signs You May Be Dealing With an SEO Scam Artist

We see a lot of pre-packaged, so-called "standardized" online marketing packages for SEO. They should be avoided at all costs. Not only can these waste time and money -- it can actually hurt your website in the long run. If you are thinking about working with a SEO company, they should be transparent, have a clear track record, offer customized

Added by Edijs Satiks: “A great reminder on what to watch out for in growing your business to stay positive on your cash flow.

43 5 Startup Tips to Avoid Cash Crash and Burn

No venture ever succeeds without confident, enthusiastic leadership around a mission that will attract employees, investors and customers. But this rosy outlook can become a liability - especially when dealing with financial projections. Running out of cash is what ultimately kills eight of 10 businesses within 18 months of opening, according to Bloomberg. Here are lessons to keep your business

Added by Edijs Satiks: “A very good list which has also one of my Top 3 all-time favourite movies on it - The Pursuit Of Happyness. Must-watch for every startup entrepreneur!

47 10 Movies Every Entrepreneur Needs to Watch

No one ever said being an entrepreneur would be easy. A million obstacles seem to stand in the way each and every day. The naysayers and budget woes can be enough for the average person to start waving the white flag. But you are not an average person: You're an entrepreneur. That means that even when times are tough, you're

Added by Edijs Satiks: “This article with an infographic will help you design your logo and pick the right colors.

48 What Does the Color of Your Logo Say About Your Business? (Infographic)

Close your eyes and picture McDonald's famous golden arches. Now, imagine if they had been gray. Would the burger chain be the international success it is today? The color of some logos is more powerful than the logos themselves -- think the red of Coca-Cola or the pink of Barbie or the rainbow colors of Google. Related Video:When Designing a

Added by Edijs Satiks: “This article will encourage you to start your own business or at least start seriously considering it ;)

49 20 Reasons to Start Your Own Business

If you're an entrepreneur you have heard the million reasons not to go into business: It's too risky, you might go into debt, you'll probably lose sleep, your social life is kaput, and the list goes on. But even with all these uncertainties, people are still attracted to the startup world. There are just as many, if not more reasons

Added by Edijs Satiks: “Some useful tips on how to use your Google+ page to your advantage.

50 12 Things You Should Do on Your Personal Google+ Account Right Now

Like it or not, Google+ is becoming more important in the digital marketing landscape. Google+ is not just a Facebook redux. Instead, it comprises a huge part of the social milieu of your online existence. Google+ has subtly creeped into your emailing, browsing, article writing, creating Google+ business pages, and a variety of other activities across the web. I think

Added by Edijs Satiks: “Things you procrastinate the most (because you're afraid to do them) are exactly the things that will bring you success! Great article!

52 The 80/20 Rule and Listening to Your Inner Procrastinator

A decade ago, my friend Bill said, "Perry I've got a million-dollar idea for you. There's just one catch: If you sell a million dollars, you have to give $10,000 to my favorite charity." "OK Bill, you're on," I said. He insisted I was leaving tons of money on the table by only writing and publishing books. He advised me

Added by Edijs Satiks: “If you're thinking about getting MBA this article will make you rethink it.

53 If You Want To Be Rich, Don't Get An MBA

Flickr via tulanesally"The MBA Bubble," Mariana Zanetti, an MBA graduate of IE Business School in Spain, argues that getting an MBA is a waste of time and money. The following has been excerpted from the book with her permission.The first thing I am going to say about wealth is that many authors who write about prosperity and wealth make it

Added by Edijs Satiks: “Will have to check these new social platforms out!

55 5 New Social-Media Platforms Worth a Look

When businesses launch social media campaigns, they generally focus on the major platforms. Facebook, Twitter, and LinkedIn are especially popular for business marketing, since they boast large membership numbers and generally seem to bring the greatest return on investment. But new social media networks arrive on the scene each year with potential to grow in popularity the way Instagram, Snapchat,

Added by Edijs Satiks: “5 useful things you need to know about promoting yourself on social media.

58 5 Social Media Rules Every Entrepreneur Should Know

Social media can level the playing field between industry leaders and upstarts, between multinational corporation executives and small-business owners, making peers of all participants. Yet appearances can be deceiving. To borrow from George Orwell's Animal Farm, all social-media users are equal, but some are more equal than others. So what makes the difference between a following of 500 and a

Added by Edijs Satiks: “Some very insightfull videos about business, creativity and success from Entrepreneur

59 10 Must-See Videos on Business, Creativity and Success

On the unpredictable road of entrepreneurship, it can be immensely helpful to receive guidance and advice from those who have traveled those roads already. Their experiences, distilled into teachable information, can help the rest of us avoid common pitfalls. Although their advice should be treated as a source of inspiration and not prescription, you can avoid a lot of useless



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