Monday, 21 November 2016

five empowering business tips.

1. Success doesn’t depend on only one person.

While the business is your vision, it is important to remember that you aren’t the only one who is taking a risk. The early employees who are jumping on board and believe in what you are trying to accomplish are putting their livelihoods at stake.

“As an entrepreneur, you employ people. You have a fundamental responsibility to ensure the security of your company,” said Ramya Joseph, founder and CEO of AI financial advisor Pefin.

Birchbox co-founder and CEO Katia Beauchamp recalled that during the early days of the company, her initial belief was that it would only be a real triumph if she did it all herself.

“You don’t need to waste your time on those stumbles," she said. "The reason to ask for help isn’t get the one right answer, it’s to get perspective.”

With that variety of perspective, she explained, you can then make the decision that is right for you and your company.

2. Pay it forward.

HSN CEO Mindy Grossman said that some of the most gratifying parts of her career have been helping others, even when their successes didn’t have any bearing on her own. Celebrity chef and author Sandra Lee agreed.

“When you have the advantage of mentorship, give it back," she said. "Mentor as many as you can, and be fearless.”

3. Don’t wait to speak up about what you care about.

When building a thriving company culture that is diverse and inclusive, “at any point in your career, you have the capacity to make an impact,” Grossman said. Part of that is making sure that everyone that you work with from partners to vendors to recruiting agencies has the same buy-in that you do.

“This is not something that you can delegate," she said. "It has to be a core belief and tenet of your business strategy. You have to hold everyone in the supply chain accountable.”

“This is not something that you can delegate," she said. "It has to be a core belief and tenet of your business strategy. You have to hold everyone in the supply chain accountable.”

Kay Koplovitz, the founder of USA Networks, the SyFy channel and Springboard Enterprises, said that ultimately, you are your own best advocate.

“You have to love the sound of your own voice," she said. "Feel comfortable speaking up for your own accomplishments and your own success.”

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SOURCE: ENTREPRENEUR

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