Mitchell Bayer-Goldman Shares Tips on How to Become a Successful Entrepreneur
Welcome to the Mitchell Bayer-Goldman blog. Mitchell Bayer-Goldman is a natural entrepreneur and has already been involved with three businesses on all things Tech. Here we share with you certain characteristics that can help you navigate your way to the top as a successful entrepreneur. Read on to find out more.
As an entrepreneur, your ultimate goal is to take a business from zero to hero. For most of us, this doesn’t happen overnight. Typically, there will be trial and error as you wade through what will make your business successful. These characteristics can help you navigate your way to the top.
Position yourself as a leader. Positioning yourself as a leader is not just about having the right answers, it’s more about knowing where to find the answers so you need to have confidence in the decisions you make on a day-to-day basis.
Be open-minded. Be open to other suggestions and ideas. Remember, your business is actually not about you. In other words, be ready to embrace fresh ideas, even if they go counter to your own beliefs.
Deliver value. Ensure your company delivers real value to clients. Successful entrepreneurs are in it for the long haul. Ensure your business provides services and sell products that actually deliver a substantially better result for your customers.
Build long-term relationships. Relationships matter and your existing customers are your best source of repeat business and your most profitable customers. To win their loyalty, you must nurture a relationship with them.
Seek new ideas. Don’t focus solely on your industry as a source of novel ideas. Think outside the box, venture in uncharted territory and expand your intellectual scope.
Inspire your team. Give people a reason to be excited to work for your company. Invest. Repeat.
Go all in. Inclusiveness should be integral to your commercial aspiration. Make the notion of “together we're better” the operational fulcrum around which you build your business. You’re more likely to thrive if people view you as an entrepreneur who understands 1+1 is much more powerful than just 1.
Know what your clients really want. The purpose of business is to bring your clients a greater benefit, a greater advantage, and a greater result. Study their actions and talk with them to find out how you can become their hero.
Look for results, not reasons. Reasons are full of emotional biasses and are often wrong. Rather than guiding your business on the backend of assumptions, build it on data.
Innovate, innovate and (ALWAYS) innovate! Make sure your company wins the innovation game. Introduce fresh products, ideas, services, new ways of doing not for the sake of just coming up with something "new," but to anticipate what else you can do to help your customers achieve a greater result.
Any other tips to add up? Let me know in the comments below!
Mitchell Bayer-Goldman is a Co-Founder and Chief Commercial Officer at Nez, geeking out on all things tech whilst embark on his scaling journey. Learn more about Mitchell Bayer-Goldman online here. Connect with the Mitchell Bayer-Goldman on Crunchbase page here. You can also follow the Mitchell Bayer-Goldman Soundcloud page here.
