Those who bring in $1Mil+ a year from their business, what kind of business do you run or what sector are you in? How many attempts of starting businesses did it take to get to where you are? And if you had any advice or tips to those wanting to get started, what are they?
Digital agency: web design, app development, marketing.
Sector: 80% manufacturing/industrial clients.
Tip: What works for someone may not work for you. What worked in the past for someone may not work today.
I lead my team by knowing a ton about everything we do… I can design, I can program, i can come up with marketing strategy and run them. I’d say my company is successful because I’m able to train team members and pick up slack if something needs to get done or identify what needs to happen and make sure it gets done. For me, that works. I could tell you that’s a key to success, learn a skill, get great at it, start a business around it.
However, I know a guy who has a firm similar in size who is a good salesman but knows little about how the services of his company are delivered. He doesn’t know anything about the details of the work yet he’s also able to run a reasonably successful shop because he’s been able to at least know enough to hire the right people around him.
Another tip, it never hurts to know people. Get good at networking, attend local events, go to chamber of commerce mixers, join toastmasters, get involved with volunteer work, get on a board of an organization. Having a big network helps you connect others and can help others connect with you.
Read. Go to your local library, get a free library card and go to the business, money or other non-fiction sections. If you’ve never been you’ll likely shit yourself on the amount of knowledge you can pick up and walk out with. Build a habit of learning. You’ll learn way more from experts spending months writing a book than I have from someone’s information regurgitation on TikTok
Information regurgitation 😄💀
Yay! Learn to learn!