Even successful brands can find that they're uncertain about what decisions to make next to continue to grow their businesses. If you're feeling stuck, heed the advice of some of the world's most successful entrepreneurs on what it takes to continue to keep your business moving in the right direction.
1. “Your most unhappy customers are your greatest source of learning.” – Bill Gates, founder of Microsoft
It’s easy to want to turn away from negative feedback. However, doing so could gravely hurt your business. One unhappy customer can teach you more about your business’s shortcomings than 100 enthusiastic ones. Take negative feedback with a grain of salt, but don’t ignore it either.
2. “Great things in business are never done by one person; they are done by a team of people.” – Steve Jobs, co-founder of Apple
It can feel like your business is your baby and you and you alone know what's best for it, what it needs to grow, what you need to do to continue to make it a success. This quote by Steve Jobs, however, reminds you that, while it may be your business, it takes a team to truly allow your business to be the success you want it to be.
3. “Sometimes it takes a germ of an idea, which takes a long time to digest.” – Donna Karan, fashion designer
One of the hardest aspects of creating a business is waiting for those germs to digest. Don’t give up because you haven’t seen immediate results. Keep pushing forward through days you don’t experience huge payoffs. This is what sets the leaders of the world apart from the followers.
4. “If all you do is motivate, without a strategy, it’s like a warm bath. It’s nice. It’s not enough.” – Tony Robbins, motivational coach
Motivation is a major key to success. Yet if you don’t motivate with a plan, you’re just sitting in a sea of comfortable complacency. Remind your employees of their goals and milestones while you motivate to get optimum results.
5. “Long-term goals are dangerous. They limit you. They hinder you from reacting to new conditions.” – Pete Cashmore, founder of Mashable
Don’t focus on the pie in the sky if you want to succeed. Focus on the small nugget of success on the horizon instead. When long-term goals don’t feel immediate enough they can often limit your success in the short term. They also don’t offer enough wiggle room for unexpected circumstances.
The early and middle stages of a new business can feel exciting, scary and frustrating. Keep your partners and your employees on track by remembering that even the most successful entrepreneurs all started at the bottom.