10 Entrepreneur Lessons You Need to Know

The more exploring that you do, the more you learn. Often much that can be applied to your stack of entrepreneur lessons for businesses.

But life can be tough at times tough. Life as a blog entrepreneur is tougher.

We live in a world where over 4 million blog posts are published every day.

How do you stand out in a sea of bloggers who have probably covered all the key topics from a thousand different angles? Do you follow the trend or create a technique of your own? Everyone loves a good story. It’s the part of your copy even skimmers take time to read.

I try to start every article on my blog with a story attacking the reader’s pain point. I want them to know this is not just another article from a blogger trying to make a quick buck but someone who genuinely understands their problems.

Your safety net is you. No health plan with 47 sick days. No paid vacation. No sabbatical after 10 years of mind-bending effort.

The other day one of my readers commented I was the oldest person she knew creating social media content all the time.

Then she said it was a compliment.

We both laughed.

Then there was an awkward pause.

While her statement clearly wasn’t true, being relatively seasoned in business means I HAVE learned many valuable career lessons that would have been great to know when my business career started.

The more experience we have, the more mistakes we’ve made—and that’s a good thing, according to many business innovation experts.

That’s how it has always been

Great people learn hard lessons.

Sigmund Freud was booed off stage the first time he presented his theories to a group of scientists in Europe. He went on to win the Goethe Award for his work in psychology.

Henry Ford failed at farming, being an apprentice, and as a machinist — going bankrupt five times. He went on to modernize mass production.

Leo Tolstoy flunked out of law school and was labeled “unable to learn” by his professors. He went on to become one of the world’s greatest novelists.

But it’s not about them

It’s about you. About what you are prepared to do in order to be successful. Here are my 10 top lessons for all entrepreneurs … the ones I wished I knew when I started:

People first

Learned this one quite early in my management career. Your people are your business. No question about that. And your business will only go as far as your people will take it. So put them first on your list and take good care of their welfare.

people first
Always people first.

Related post: Building Collaboration and Sharing Skills in your Staff

Talent hound

Be the best talent hound you can be in searching for the best employees. Know this … surrounding yourself with the very best is the top and quickest way to success.

Value propositions

There is a tremendous amount of competition in any market that you chose. And it is continually growing. Your success depends on your business being better than the competition. Knowing what those advantages are and putting them into value propositions is what will put and keep you ahead.

Marketing

Know this simple fact about marketing. Everything is marketing and everyone is a marketer. It takes a while to really appreciate this lesson’s true meaning. Stick with it long enough and you will understand.

Customer experience

Your customer’s experiences in your shop are the new marketing, pure and simple. The better the experiences, the more the customers will remember you and return. Work hard at creating WOW experiences as much as possible.

Sociability

Make friends with as many customers as you can. Customers would always prefer to do business with friends. Start with a smile and positive conversation in engaging customers. Selling is something to be strictly avoided. Substitute just being as helpful as possible.

Change agent

Be a change agent in everything business. Anticipate and embrace change in your market. Adapt is the name of the game, as soon as possible. This is a hard lesson to learn as often change is required while things are still looking good.

Continuous learning

continuous learning
Keep up the continuous learning.

Now more than ever, things are changing at blazing speed. There is only two ways to keep up. They are continuous learning and applying what you learn.

Simplicity

Keep everything you do as simple as possible. No exceptions.

The customer

The last and most important lesson. Know, understand, and care about your customer. Your rule 1.

It’s up to you if you’re going to make it.

The bottom line

As we change at a faster and faster pace, ideas adequate yesterday are no longer are good enough.

And with digital disruption facing an increasing number of industries, most firms must come up with the best ideas for change or move to a slow failure.

The myths of new ideas must be set aside to let the new idea facts take over.

The question is:

“What lessons are you learning today?”

When things go wrong, what’s most important is your next step.

Try. Learn. Improve. Repeat.

More reading on creativity and innovation from Digital Spark Marketing’s Library:

Learn How to Think What No One Else Thinks

Generating Ideas by Convergent Thinking

Amazon and Managing Innovation … the Jeff Bezos Vision

10 Entrepreneur Lessons You Need to Know