Inspirational Business Quotes For Aspiring Entrepreneurs
Whether you’re running a small company or forming a startup, you probably have aspirations of turning it into a huge business. Ambitious entrepreneurs often look all around for inspiration- after all, you’re on this blog right now.
Sometimes the best place to go for successful business inspiration is those who have done it already. Many prominent business people impart wisdom through books, interviews, and TED talks. But sometimes all it takes is a few word to set the cogs of your brain into action. Here are some inspirational business quotes from successful entrepreneurs.
“I have failed so many times that I couldn’t list them all! But it’s because of those failures that I have enjoyed success.” – Richard Branson
When it comes to running a successful company, it’s well worth taking Branson’s advice. The famous business magnate stresses the point that when you’re faced with an obstacle, you should find a way around it instead of giving up.
This is particularly important for those thinking of creating a startup. Many people are put off by the idea of failure, but failing could be the best thing that ever happened to you. Even if you think of multiple bad business ideas, sometimes it just takes a little extra market research to formulate the perfect one.
Business owners going through problems shouldn’t give up. Instead, look for strategies to save a struggling business and bring your company back to life. No successful entrepreneur got where they are without failing a few times first.
“Efficiency is doing the thing right. Effectiveness is doing the right thing.” – Peter Drucker
When a man is known as the founder of modern management, you know their advice is going to be valuable. Drucker stressed the importance of effective management in his book, The Effective Executive. Many business owners try to manage all kinds of operations at once. Drucker proclaimed that time is the scarcest resource, and managers should use it effectively.
According to Drucker, the two most important functions of business are marketing and innovation. To be more efficient, many modern companies turn to experts to handle their marketing. There are services available to manage this important function for businesses, such as Webhype.
Companies outsource many jobs so they can focus on their primary operations. This helps them save both time and money.
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett
The multi-billionaire knows how important reputation is to businesses. Upholding a professional image is crucial to companies, and a mistake can cost them in more ways than one.
For businesses to keep a good reputation, they must maintain excellent customer relations. Displeased customers won’t just abandon your business. They’ll also tell other people about their bad experience, through word-of-mouth and online reviews. Bad customer service can lead to a poor rep and drastically reduced profits.
You should also be in tune with all kinds of media. Having a PR manager can often help companies uphold a good reputation when things go wrong.