What is the best business advice you’ve ever received? – Entrepreneur Poll Results

The results are in from our most recent poll! I asked you what the best business advice was that you ever received and you replied in full force!
Here are the results below. Thank you everyone for participating and I hope you find kernels of wisdom here that you can apply to your business:
“You cannot always stick around to see the results.”

“Don’t get caught up in making the best decision up front. Make a decision and make that decision the best.”

“Solve important customer problems. If you do that everything else follows.”

“A good many studies of research scientists have shown that achievement (at least below the genius level of an Einstein) depends less on ability in doing research than on the courage to go after opportunity. .. It is more productive to convert an opportunity into results than to solve a problem- which only restores that equilibrium of yesterday.”

“There are two things I try and do in business: 1. I never try to beat any body. I only try and beat myself. 2. I try and do my job better today than I did it yesterday.”

“Ethics first, then profit. And… throw away your junk mail or you’ll waste precious time on the most unproductive activity in the world.”

“Our subconscious minds responsibility is to keep us healthy correct? Keep the heart beating, muscles working, body healing, and all of that stuff. Well when I set up a goal or an affirmation I then back track it to preservation of the body. When you can link whatever desire you have to, how will this preserve my body and keep me healthy? This carries much more weight than, I want a million dollars, or a new car, or house.”

“Choose your battles!”

“Market yourself in busy and slow times. (That includes today’s sluggish economy.)”

“If God brings you to it, God will bring you through it.”

“Any fool can make things bigger, more complex, and more violent. It takes a touch of genius – and a lot of courage – to move in the opposite direction.”

“Anyone who has never made a mistake has never tried anything new.”

“Don’t put all your eggs in one friggin’ basket.”

“Do atleast 1 thing towards your success each day!”

“JUST DO IT!”

“Do not trust anyone. Everything in business is business, never let it get personal.”

“If you can conceive it and believe it, you can achieve it.”

“Keep costs as low as possible and focus on getting revenues as high as possible. Don’t be wastefull and track EVERYTHING!”

“You must take the challenge whether you succeed or not – the most important thing is –at least you tried.”

“Never ever give up”

“You have to learn from your mistakes, which inherently means you are going to make mistakes. Just don’t keep making the same mistakes over and over again.”

“Some great advice here! Really liked “Make a decision and make that decision the best decision.” and “Anyone who has never made a mistake has never tried anything new.””

“Wow, cool advices. My favourite is “Just do it”.”

“Great list. I think “Just Do It” is one of the best. It conquers the hardest part of being an entrepreneur and that’s actually taking the leap. Just deciding to go down the entrepreneurial road is a huge decision. Once on the road there will be many times where you might feel uncomfortable or have to do things you don’t want but “Just Do It”!
It’s how the best get ahead.”

“Don’t be afraid to “fail”. It’s not a failure, it’s a learning experience.”

“The best advice I ever got was during the last recession. And since we are going through an even worse recession this time around, the advice should be valuable to everyone with a traditional or online business, as it applies to all businesses. When you are faced with a recession, don’t cut back advertising like most do, but double it. Nothing will get you through a recession more than good cost effective advertising. While your competition cuts back, here is your opportunity to step up and take away business from your competition.”

“Trust no one”

“Think Long Term”

“The best advice I have been given was to “Keep Your Day Job.” I am convinced that the key to success for the 99.9% of us who have wanted to start a business but did’t have the stomach (or savings) to quit a good job to commit full time is to find something you can do on a part-time basis. If you can wait for your part-time income to meet then exceed your full-time income before taking the leap and committing to your new business you will be that much more likely to succeed your first time around. It worked for us at Cornerstone Productions. We applied the same thought process when launching our next businesses, ensuring that the primary business (Cornerstone Productions) could support our “needs” while getting involved in other businesses with enormous potential.”

“You have two eyes, two ears and only one mouth for a reason so shut up and look and listen.”

“Don’t put all your eggs in one basket.”

“Learned this one from the school of hard knocks!”

“The early bird gets the worm, but the second rat gets the cheese. Meaning… the first rat gets killed in the rat trap and the second rat gets the cheese. Essentially meaning that you don’t have to be the first company to do something, you just have to learn from the first company’s mistakes and do a better job. Prime example Myspace.com copied Friendster learned from their mistakes and the rest is history.”

“Hello All, All of the posts above are great suggestions. I too was told not to worry about my competition. I always try to outdo myself and make anything that I have used better if I do it. Keep up the good work.”

Comments:


11 Responses to “What is the best business advice you’ve ever received? – Entrepreneur Poll Results”

  1. Spanish Guy says:

    Dream big and start small. No one gave me that advice but it is what has worked for me. For a lot of entrepreneurs we are self funded and if this recent recession has taught you anything it should be that you should not live beyond your mean.s

    Prove your idea, model and marketing plan. Then scale as your revenue increases. Don’t spend 5-10k on a ad campaign when that’s all the money you have and you don’t know if it will work.

    Start grassroots and build up and out.

  2. Jen C says:

    Once again, great post. I’m going to copy some of the advice down and stick it on my wall for inspiration.

  3. Alan Harris says:

    As simple as “just do it” sounds, it actually works. If you have a plan to do something, don’t procrastinate. Even if it doesn’t work out at least you can learn and move on to the next idea.

  4. The best advice I could give would be to learn to listen to your inner voice. Highly successful business people are all inner directed. This way you will synchronise the head and the heart, the THINKER and the FEELER, and thus be truly congruent, a 21st Century entrepreneur.

    Joseph Geraghty

  5. Chris Blanks says:

    I just wanted to add to the results of the best business advice. The best advice I have received is to get yourself an acountability partner. Someone that you can call,text,email etc… what you did to build your business for that day, and what your goals for the next day will be. This will help you accomplish your goals on a daily basis and keep you focused on what you need to accomplish daily. I found this advice to be the most important to me. Since finding myself an accountablilty partner My business had grown and I am accomplishing more now than I did before having an accountability partner. I hope this piece of advice helps you who are reading this, and I wish you much success in your business.

    Chris

  6. What a great list from the school of hard knocks. For more on-the-court wisdom see http://www.captureprofits.com/blog.

  7. Chris says:

    Dont listen to too much advice.


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