Don't think globally
The practice of successful entrepreneurship shows that almost all great achievements are built on carefully thought-out details. Many seasoned businessmen advise beginners at the moment of opening their business not to make global plans and not to set large-scale goals, but to focus on something small - but something that you understand very well.
Avoid constant overwork
At first glance, this advice may seem strange. However, the experience of successful Western businessmen shows that it is possible to build a developing and profitable how does cash app work company without working around the clock. It is very important to maintain an effective daily routine and not devote every minute of your life to work: it is essential to set aside time for rest, communication with family and friends, and also for your favorite hobby.
Advice from famous CEOs for new managers
Collect criticism and negative feedback about yourself
Many successful entrepreneurs note that people who judged and criticized them played a significant role in their well-being. The most important thing in this situation is to learn to benefit from any opinion about yourself: do not ignore constructive criticism and negative feedback addressed to you, you should listen to them. And then there is a high probability that you will find your weaknesses, work on them and transform them into advantages. Changing your point of view is a very useful skill.
Don't build a product only on communication with potential customers
Another piece of advice that may seem strange, since many successful businessmen are among the first to give this recommendation to newcomers - to communicate with the target audience, to find out its needs and requests. However, some entrepreneurs still advise to form a product based on their own preferences and pain points, believing that a half-hour conversation with a future buyer will not be able to study it thoroughly anyway. And if you consider yourself as a consumer, the portrait of a typical consumer will be compiled as accurately as possible.
Follow your intuition, even if it contradicts expert opinion
Many businessmen advise to connect your emotions and trust your sixth sense when doing business. Of course, it is always easier to build a business based on expert opinion. However, it is much more interesting to create your own viable project based on personal feelings and knowledge.
The CEO position implies a high degree of responsibility, because this employee is essentially the leader of the company. His main tasks are to ensure strategic expansion of the business and organize the work of the staff. In his activities, the top manager pays much attention to the formation of a corporate culture and motivation of the work team, since the prosperity of the enterprise directly depends on its employees.
Author of the article
Dmitry Svistunov
Dmitry Svistunov
Head of SEO and Development
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