Whats the biggest tip you can give new entreprenuers.

Just follow Steve Job's speech..... connect the dots, don't settle. Stay hungry, stay foolish.

But you can only connect the dots looking backwards!

My biggest bit of advice: Time is your biggest asset. Don't waste it.

Cheers.

Don't procrastinate and don't wait to make everything perfect. You really have to jump right in and give it your all. Mistakes are needed to get better so don't be afraid to make them. Sales and marketing is every bit as important as your product/service so don't put it aside.

Focus on one idea only. Then sell it and make something even better.

Never stop working. Enough is never enough. Always keep innovating and trying new ideas.

1. Action.

2. Realize mistakes and failures are your friend not enemy. Each failure gets you one step closer to success.

Don't waste time and take massive action!

You rather take the wrong action and learn from it then to regret not taking action at all.

Think BIG. Don't try to make $50,000 or $100,000 per year, shoot for 5 million or more. Don't try to change a few lives, try to change the world. Don't let anyone else's low expectations lower yours.

Get clear about what your goals are. Make the decision that you will achieve it no matter what. Then do whatever it takes to reach that goal!

Build a business that pulls money in every month year after year rather than chase quick money solutions which crash and burn quickly. Keep putting the effort in every day until you reach your goal.

1. Focus on ONE thing.
2. You can't do it all on your own.

-Theo-

Decide on what you really want and pursue it with focus and patience.

Believe in themselves and trust they can make a difference...that everybody, no matter how great, started at ground zero and were complete unknowns until they did something great. So tell them to identify the one great thing they would like to be known for and to go for it with passions.

Nothing good happens until something is sold.

Mark

Almost everything has been done already, so don't try to reinvent the wheel. Unless you have a truly unique idea. Do your research and find ways improve on existing ideas. Find something that you are passionate about and be ready to work your butt off. A favorite quote of mine is "The dictionary is the only place where success comes before work." Vince Lombardi.

1. Stay ahead of the game in your industry.

2. You ain't doing enough and need to do more.

3. Don't be afraid to try new things.

4. Don't stop working..

5. Listen to your clients because they are the reason why you are in business.

Take Action! - Being self employed can be scary sometimes. It's really easy to get stuck in a rut and to not take chances because you are scared of failure but if you don't try you won't succeed.

Your BS meter must be finely tuned at all times.

Success = Skill X Action X Positive Mindset

Law of Zero= If any of the above is zero, you will have zero success

Have a good work ethic. You will work more than you ever did at a 'job'

1. You can never make money if you don't sell
2. Know what you're selling
3. Be an expert in your industry

Remember that it is all about value creation! Think about every aspect of adding value to your products and services.

Always be asking yourself "Is the value of the products and services that I am bringing to the marketplace perceived by my customers to be much greater than what they cost?"

The cheapest way to be a mediocre and achieve average results is to be realistic
Paint a picture of the vision that you want to create in your business and do take consistent,daily action to get there

Praise

I've been coaching for over 20 years, and I've discovered that you can give two people exactly the same business information - even a detailed step by step plan - and one person will run with it, and the other will SAY they are running with it but will actually be finding 10 reasons why today "isn't the right day"- or try to get me to do it for them.

It all boils down to mindset. Everyone wants to change but few are willing to let go of the baggage of their past to let it happen. People organize their vacations with more detail than they organize their futures.

For anyone wanting to succeed in business - any business - I suggest they spend at least three months reading everything there is on the mindset of success. In particular, go onto YouTube and check out all videos by Brian Tracy, Bob Proctor and Jim Rohn. And it's free!

Then join a gym. Get control over something - and that something is yourself. Lose/gain a few pounds. Be confident in the knowledge that you have gained control over something. Then extend that something to your goals.

Above all, change your mind!

To your success

Phil

I would say focus on making income that is passive. Don't trade time for money. If you must trade time for money start investing some of the money you earn in yourself and start developing the skills you need to develop passive income streams. Never ever give up. Always fall forward and remember failure is not failure but stepping stones to a lesson or breakthrough.

Biggest tip :

Work hard, there's no such thing as a push button program of making money. Working online is harder then a normal job, but once you've hit the top, the rewards pay off.

Alex

Stay consistent ... Day in and Day out

-Shawn

Always finish whatever project you start even if you dont finish perfectly just finish it dont drop it 90% complete

As others have said... Focus is the key to becoming successful very quickly online.

Many people mistake being busy with working -- when in fact the majority of the time people usually are watching videos or reading forum instead of creating content or tweaking their sales funnel.

So my advice -- become really good at one thing, this can be a traffic method, copy writing, creating videos, or Facebook ads. You can learn how to do it if you buckle down and focus a whole day on it.

Then immediately implement what you just learned and record you results. After that move on to another area you want to learn and become better at.

Do this for a couple of weeks to a month you can easily have a profitable sales funnel and be bringing in constant traffic and making sales -- or you could be doing this within 1 week.

When you think you have the answer, rewrite the question.

Pick 1 business model that resonates with you and implement that 1 model in 1 specific market niche for 90 days straight. In other words.... focus!

Someway somehow to not let the masses take you down often the ones that love and support you the most

Get rid of plan B

My tip:

Don't get discouraged when you're getting new customers but your profits are still in the negative. Eventually backend sales will come in and the more you advertise, the more money you will make on the frontend also - which could also possibly eliminate your advertising costs - no matter if your business is online or offline.

Follow someone who is already successful and find out the one thing that will motivate to take huge action.

Never give up

DO IT.

Stop sitting in the planning phase. Get out. Turn on the computer, buy that hosting & domain, CREATE THAT FIRST BLOG POST and publish it. Worry about details LATER.

Just my $0.02. Cheers with the college speaking!

On the light side...

Words Of Wisdom Rodney Style

Setting a goal and breaking it up into smaller goals.

The most important thing I have learned is that you never stop learning. If you start to believe you know everything than you really know nothing. We have something to learn from everyone. We can even learn from the newbie!

You need a great Idea, work your ass off, launch the business or product. work your ass off even more then hope you get lucky. wash and repeat till your are successful. my 2 cents

If you have passion and commitment, you can do anything in life, just be patient, focused, committed and be positive and never be afraid of failure.

It's hard....bank big/fast/get out.

Don't forget to sell. I wrote a blog post about it on my website in the 'chrisandyourlife' section.

To summarise:

Start-ups are usually a single person who is having to take on all the roles such as: marketing, admin, web design, etc.

Often selling gets forgotten or is passively avoided because of a fear of rejection/failure.

Find out if your idea will fly as quickly as possible... but don't give up to soon!

Selling is a key skill. If you don't have it, you've got to find someone who does!

My best advice is that old saying, do not give up!. You have not lost until you quit.

It took me years to make money online but now I do I can honestly say all the hard time were worth it. =)

F-ollow
O-ne
C-ourse
U-ntil
S-uccessful

...and have a winner's mindset!You are playing the game of money to win.

Dimitris

1. Take imperfect action.

2. There are NO failures, only opportunities to expand your knowledge.

3. Quieten your "lizard" brain which makes excuses for you to stay comfortable at every opportunity.

4. Always be proactive and not reactive. Stay ahead of the game.

5. Everything is about return on investment. Be of the mentality that spending money to make money is NOT a bad thing.

The most important thing I have learned about being an entrepreneur is that belief matters more than anything. What we tell ourselves will create the outcomes we achieve, good and bad. It took many unsuccessful businesses to learn that it's an inside job... it starts with what you say when you are talking to yourself. Good book, I recommend it and was a major breakthrough in understanding the power of believing in myself. If you can't fully believe in yourself at the moment get around people who will and encourage you until you can. Have faith and most of all to take massive action, after all I'm the only one who's going to be responsible for my successes.

Figure out your exact goals, write them down, create a plan of things you can do to achieve that goal, and work ONLY on that plan.

It's really easy to get caught up in other people's agenda when marketing online so it's important to figure out your own first so you know what's important.

Keep learning...

The market is always evolving (and so does your competition).
Stay up on what your market needs and what your comp is
doing.

Be patient....

Ultimate success won't come overnight. Develop a resilient
attitude and affirm to yourself what WILL happen.

How important it is for goal setting and planning and growing your mind everday! Personal development and how important it is for everything you do. Getting a couple of mentors to follow. Don't try and reinvent the wheel and do it all yourself. Follow a proven path. Grow your mind at the same time with personal development and nothing can stop you! Its the small things sometime that you can't even see that will form our big pitchure and our results. Take the time!

Create a timeline of where you what to be in 6-12 months and map out how your going to get there.

Step back and look at the big picture. While I agree that you you need to focus, too many entrepreneurs I have known were so focused on what they were working on at the moment that they lost perspective. A lot of successful companies today, including Facebook and Groupon, took their products in different directions than their founders originally planned because the founders realized that there was a better path.

Don't be myopic.

Set goals and make sure that all your actions are aligned to achieving that goal. For example...
Goal: Make 100K a year
Action: Get 20 clients that pay 5K per project

And remind yourself every day of your goal. Make the reminder visible. Make it specific and actionable.

Hi Zephyr:

I have a business that I started in 1985 and it is still going strong. Although there have been a lot of downs and a few ups, made a profit every year. Level of competition is going up. Also, rates are going down as companies out source more. Mostly, that puts us in a squeeze.

A lot of advice that was good years ago... well, it is now crap.

Education was once a ticket to high pay. Trust me, that is no longer the case. Well, there are computer programmers who work inside a 7-11 for near minimum wage. Back in their home country they made $200/month programming computers and they feel lucky now.

There are two college professors, one from Honduras, the other from Nicaragua waiting tables in miami... Hey, they both make more in one week than they did back home in one month and they dream of owning their own restaurant in a few years. Ask them what good an education is. Don't ask me.

Work hard AND smart. Take time to not work, at least a few hours a day and get away from your computer/office to do something you enjoy...it will help you creatively and reduce burn out.

The largest tip I can afford is $5

So I talked to this college class and they don't have any idea what marketing even is. College students are not interested or if they are they don't seem to want to take the time to wrap their heads around it.

Spend some time with your family ...usually we work so hard when we work for ourselves, 7days a week,even on sundays,
and forget important things in our lives

Persistence is key to success. If you continue to put in quality effort, you will gain from it.

That's why so few succeed.

Call me a cynic if you like but that's just less competition for me and glad to hear it.

I know this thread is old, but I'd be telling them to read and re read Think and Grow Rich, minus the section on sexual transmutation, which is a bit too old school for me.

Everyone is different. That's what this thread taught me. Coaching needs to always be one-on-one.

- Stay Consistent

- Don't quit!

I hope this already hasn't been said but the biggest tip that I can personally give to any newcomer to the industry is to not be afraid to fail, embrace failure and take immediate action when you learn something new and don't be the guy or girl that has to get everything "right" or "perfect" before you launch your next venture because you will never get it "perfect" or "right" to begin with.

Lessons I learned the hard way through my own experience.

1. Make plan according to your interest.
2. Study details, go through some case studies.
3. Setup a test project and confirm that it works.
4. Once you are ready, target your audience and start promoting.
5. Never be dishearten, work hard and you will get success.

Don't look for shortcuts. If it takes you one week to make $10 stick with it till you make more. If it takes you one month to make $100 stick with it till you make more. And vice versa...

Often times we are our own enemy in that if we think it is taking too long to make a million bucks, we try to look for a quicker way or stop, give up and search for another shining object.

Formulate your plan, stick with your plan, and after it becomes autopilot then you can jump onto another plan.

Femi

Take action and if you fail (you most likely will when starting), fix it and keep moving forward. Be persistent.

The courage to succeed is a combination of the courage to start and the courage to persist.

If at first you don't succeed, call it version 1.0

There is power in seeing your vision as a finished product.

Look for ways to make the most amount of money in the least amount of time with the least amount of effort required.

Basically don't spend 20 hours doing something that will make you $1 when you can spend 20 hours doing something that will make you $20.

Shoot for the stars to reach the moon.. Surround yourself with people that think alike, people that you can learn from.. Make new connections, networking is important. If you have the opportunity, always think of stability. Don't put all your eggs in one basket. Most importantly, if you have a great idea, try to make it on your own. Finding investors does not always benefit in the long run, you got to be in control of your creation.

Work hard, and rest your body and mind every so often Burning out is common, and you can't afford that. Really love what you're working on, it will be much easier on your stress.

the definition of a true entrepreneur is someone who will take the risk and live with the consequences

Never listen to people who say you will fail. And, trust me when I say that most people online will tell you what a huge failure you are going to be. Those people are speaking from their own experience as many have failed. Maybe these people think they are trying to help you out by sparing you pain. But the net result is that if you listen, you will quit without trying or only put in half the effort required to succeed.

Always be starting the next project because nothing lasts.

Failure is not failure, it is a stepping stone to success. This is how success really looks:

Make sure you listen to the market research that you do.

1. Stay focused
2. Take action
3. Never give up

Those 3 should see you across the line.

WOW lots of great answers here...

Here`s one of my favorite quotes...

You don`t have to get it great
You just have to get it going
- Mike Litman

Targeted traffic = Money

BE HONEST and AUTHENTIC


For me at least, that is the biggest thing that you could show as an entrepreneur. the people in the outside world are real, they have their own lives, problems, pains and needs... Whatever business or service we are in, we need to stand and help them either with our product or even a simple help that we could offer.

Do not focus on MONEY!

Money will only give you more freedom if you think about it, what matters most is the relationship that you are building with people...


Vince