Be open minded to learn what successful entrepreneurs have to say, to possibly get you better results in your own business.
I know there are no guarantees but there are some folks online and offline getting true successful results based on other people advice and suggestions. Life has many surprises, breakthroughs and light bulb moments from the use of trial and errors.
If you enjoy T.V and business, this is a kicking show, I think. They have great business tips, tricks and insights on how to spot a successful business partner with the right company or a thriving invention.
T.V. Show- Shark Tank: While flipping through the television channel this show Shark Tank, immediately caught my attention. First of all, it involved successful billionaire and millionaires business investor owners, putting their own money on the line and making quick business decisions on television by selecting investment business partner(s) and taking risks. They do it with confidence, sincerity and on the spot decisions.
What was so cool about it was how they candidly explained what they were looking for in their business partners, what kind of business is it or invention sparked their attention and finally what was the investments financial asset made in their business.
If you have a business proposition for the Sharks as a investor, you better know what your business is about and how it will monetize. If you don’t, they will spit you out as quick as the person came through the door. This applies to all business.
Here are 3 categories to consider from successful entrepreneurs.
Proficient Entrepreneur Elements:
- Articulate Ideas – be precise how you will make money and what’s your business about.
- You Are The Expert – a leader, make the effort and what you specialize in.
- Execute The Business Plan – add value, see the future and make it happen.
- Keep It Thrilling And Exciting
- Make A Good Impression
- Pitching Your Offer Over And Over Again – to those who will be truthful to you.
- Not Every Idea Is A Good Idea – learn when to let things go
- Be Committed To Your Business And Follow Through
- Information Is Valuable And Takes you To The Next Level
Branding starts with the person and do your best. Utilize useful tools to make your business run smoother.
Entrepreneurs Focus On Their Business
A Quote from Mark Cuban: “Be the smartest person about your business and your industry. When someone inquire about your business you better know the ins and out about it. Or else you’ll get crushed by your competitor.
Most of us know, business is not only about focusing on the money, don’t get me wrong it is part of the equation, but remember where it comes from, individuals. So give people hope and let them know you are on their side. Because dreams really do come true! Also, if you need to re-invent yourself with skills, do it or find a successful mentor to revamp your business.
Experts Being Creative And Innovative
True, entrepreneurship is needed to keep the economy running and innovative, but it’s not enough. But there are exceptions to the rule, with savvy business partners brainstorming with new creative and innovative ideas for financial development comes positive resources. As you will see here how these Shark Tank business investors has proven by giving small businesses a chance to grow and prosper, by using new financial methods and strategies shown on this television program.
It was intriguing to see the shark’s investor owners, willing to take big risks with their money by investing with new business prospectors without checking their credentials. Here’s an unconventional business method, acting as a bank lender but with more flexibility and risk taking. This is a free form of capitalism with out corresponding with the banks rules and regulations.
As Shark investors, they put themselves in the hot seat to prove to the investment prospectors and public television viewers that they have the expertise to develop and grow their invested new ventured companies. The risk and Failure of a company, is based on the original owners motivation and decisions to act on new role models in their business.
In fact, because of the creativity of the television show, some businesses expanded just because of the T.V. exposure and other was offered to be bought out, final results with success. Which shows you any thing is possible, if you give it a chance.
Watch Rich Entrepreneurs In Action
Here are a few more suggestions from the Shark Experts, when spending your money.
- Number one advice, get your products and services to market.
- Sales cures all, it keeps the business running.
- Educate yourself and be the expert and learn how to sell and market.
- Don’t focus too much on legal stuff and don’t invest too much into patents and lawyers, at first. Because you are making them rich. However, once your business start to financially progress then apply the loose ends with the legal applications and bring them up-to-date.
- Success for your business is defined by receiving payment transactions.
Per Shark investor, Barbara Corcoran, “Don’t underestimate the power of your own instincts, and if you’re feeling needy, don’t do it. Picking the right partner that comes along.” If you want to attend this show, check out their site for more information.
Final words, most of us want to make millions, but we have to learn how to do it first. If you enjoyed what you read and viewed, as online marketers, please share it with others with a Tweet, Like and leave me a sweet comment.
Mahalo, Lani 🙂
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