From Entrepreneur To Mogul: One Of My Favorite Success Stories
Many an entrepreneur who ends up with a huge enterprise doesn't start out with that in mind. Sure, they may have daydreamed about it, may have had it on a "What If" list in their brain. But most people who launch a business with an idea and just enough money to get going aren't trying to build an empire. They don't envision the kind of growth it takes to be considered big-time. But still, many lucky entrepreneurs do indeed hit the big time! And I LOVE reading their stories and finding out how they got there!
One of my favorites is Barbara Corcoran of Shark Tank fame. At the age of 23, and on her 22nd job (!), she borrowed $1,000 from her boyfriend and started a small real estate business. In New York City, btw. Even back in the day, that was probably financially risky. Can you even imagine what people must have said to the boyfriend lending money to someone who couldn't keep a job and wasn't exactly a stellar student in school? Her website says/brags that she got straight Ds in high school and college. I'm sure everyone thought he could kiss that money good bye. But that's not what happened. Long story short, she was wildly successful and today has a multi-million (or is it billion?) dollar business. She didn't set out to build an empire, but that's what she did. She's smart, adventurous and hard working. And she was just on Dancing With The Stars. My kind of gal! Here's something she just said on Twitter, "Every good entrepreneur is a salesperson at heart — they're wired the same way." So true! Kinda gives hope to all of those less-than-stellar students! (And their parents!)
How To Build An Empire! In 3 Easy Steps!
Ok, that's a joke! I wish there was a secret formula with only three simple steps to follow in order to build an empire and be crazy successful. Alas, this is the real world. Stuff happens. We make mistakes and we can't predict the future. But what we can do is work hard, do our research, seek advice, make a plan, keep close track of the money coming in and out, hire good people, offer the best product you can. So there... that's my version of three easy steps!
I hope you like the quotes I'm sharing this week. I've got something from Barbara Corcoran, a few from business people of earlier eras, and from Brian Chesky, the founder of Airbnb, another fabulously successful entrepreneur-turned-mogul. It's good to have success stories to look to and other business leaders to look up to!
Be Oh So Quotable This Week!
I always say running a business means the work never ends! Ain't that the truth? I bet your to-do list is a mile long! Make sure that the items at the top of your list are the things that relate to being more profitable. Everyone is so proud of being so "busy"...But Are You Making Any Money? Don't be too busy to focus!
Check out the summary of last week's business tips and motivational quotes from my Instagram page which you hopefully got to see in real time! If not, let's make sure we're following each other on Instagram!! So...here is this week's roundup of Instagram images of My Top Business Tips and Motivational Quotes.
Build An Empire – Tip #1:
"You can't build a reputation on what you are going to do." – Henry Ford
Build An Empire – Tip #2:
"No man will make a great leader who wants to do it all himself or get all the credit for doing it." – Andrew Carnegie
Build An Empire – Tip #3:
"Don't you dare underestimate the power of your own instinct." – Barbara Corcoran
Build An Empire – Tip #4:
"You gotta build a team that is so talented that they almost make you slightly uncomfortable...because they know by being with them you're going to have to raise your game to be with them." – Brian Chesky
Build An Empire – Tip #5:
"Success is often achieved by those who don't know that failure is inevitable." – Coco Chanel
Let's talk! I'd love to hear your thoughts on how to build an empire!
What do you think it takes to build an empire? Tell us what you think! What advice would you share with your fellow business owners? Which tips above did you find helpful? I would LOVE to hear from you!
Anyhoo...I publish these business tips and motivational quotes to get you fired up for your work week! And, if you want more business tips, get my book, But Are You Making Any Money? or contact me to really take your business to the next level!
P.S. Of course that's not all we've got! Searching for more tips about running a business?
Then definitely take a look at these: