10 Pieces Of Advice From Famous Entrepreneurs

Who doesn’t want to learn from the best?

I was doing some research for a personal project last week and came across an article than shared over 60 different pieces of advice, quotes & information from the best entrepreneurs in the world. People from Mark Cuban to Richard Branson to Sophia Amoruso!

To help you kick-off your week strong I’ve put together a few of my favorites from the article in hopes that it inspires you to keep building a brand or business that you love.

1.) Tony Robbins

“My business advice? Think honestly about who you are, what you want to accomplish, and what mindset you need to have to get there. Because the biggest thing that will hold you back is your own nature. Few people are natural risk-takers or emotionally ready for the challenges of building a business. You can’t just sign up for a marathon and run it without ever training. You have to increase your capacity and become fit. Being an entrepreneur requires similar kinds of emotional and psychological fitness so that you don’t become the chokehold on your business’s success.”

2.) Derek Sivers

“For an idea to get big, it has to be something useful–and being useful doesn’t need funding. If you want to be useful, you can always start right now with just 1% of what you have in your grand vision. It’ll be a humble prototype of your grand vision, but you’ll be in the game. You’ll be ahead of the rest because you actually started, when others waited for the finish line to magically appear at the starting line.”

3.) Sophia Amoruso

“Don’t give up, don’t take anything personally, and don’t take no for an answer; you never know what you’re going to learn along the way.”

4.) Lewis Howes

“Perfectionism cripples a lot of entrepreneurs. They won’t launch their site or put their product up for sale until they think it’s perfect, which is a big waste of time. It’s never going to be perfect.”

5.) Sujan Patel

“My advice to first time entrepreneurs is to not get caught up in the glamour and don’t take things for face value. Rather, use these successes they read about as inspiration for what you can do too. I almost always recommend they set more realistic goals and forget about ‘going viral’ or trying to be like someone else.”

6.) Eric Siu

“Entrepreneurship requires continued learning and if you’re not constantly learning and testing new things, then eventually your competitors will take the lead. The trick is to quickly access new tactics and incorporate those that work to enhance your business goals.”

7.) Tomas Laurinavicius

“First, let yourself wander. Try new things, meet people outside of your comfort zone and travel. It will help you design your personal MBA which will teach you more than any formal setting out there. Learn to read people, master the art of communication and become comfortable with being uncomfortable. Once you figure out what drives you, use that power to help people.”

8.) Alyce Johnson

“The most common mistake new freelancers make is not having a business strategy. Many freelancers start their businesses without thinking of the long-term growth their business needs to achieve. This often results on a broad service offering that could potentially be targeting the wrong market.”

9.) Chiara McPhee

“Often I see first-time entrepreneurs struggle to organize and process feedback. When starting a company, you’ll get feedback from everyone: your early users, potential customers, investors, friends, and even your second cousin twice removed. I’ve found it incredibly helpful to have a framework in place to systematically collect, prioritize, and implement product features based on customer feedback–both from customers you have, and the customers you want!”

10.) Sol Orwell

“I have to go with: inaction. New entrepreneurs tend to overthink things that don’t really matter (logo, copy, etc.), but instead of validating their idea, they get lost in the weeds. The advice is simple – just do it. Do a minimum version, talk to some friends, and see if they would be interested in it. If so, make a quick version, and go from there.”

What’s your best piece of advice for entrepreneurs? Share it here!

Your Friend,
Madyson Greene

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