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10 tips for young entrepreneurs

15 July 2018 No Comment

Denis O’Brien, Chairman of Digicel Group and of the Digicel Foundation, supports – www.professionalacademy.com – a leading provider of training in management, leadership, sales and marketing, and has 10 tips for young entrepreneurs.

1. Back yourself – If you can count to ten and you can sell, you can be an entrepreneur.

2. Don’t be afraid to fail: if you do, who gives a damn? You’ve learned something, you always learn out of failure.

3. Be flexible. You set up your business and you think you’ve got a great idea, but the really great entrepreneurs if they come against problems where their idea doesn’t match what the market demand is, they change direction quickly.

4. Build a team with different skill sets and employ people who actually are better than you.

5. Think globally.

6. Succeeding in any walk of life means committing to a cycle of life-long learning and continuous self-development.  Real learning only begins when you complete your formal education.

7. It is essential to grasp even the minutest details in each business.

8. One category of people that I really admire are mavericks – because they are different.

9. Once successful, don’t get out of your venture too soon, but don’t be afraid to take money out of the business if you are making decent profits

10. Social entrepreneurs make the biggest impact on society. They are real heroes.

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