Paul Herdsman On How To Succeed In Business

Posted on May 22, 2018 By

Many people nowadays are quitting their 9 to 5 jobs to start their businesses. However, of the many that get on the self-employed train, only a small fraction makes it. Well, this shouldn’t be the case, at least according to Paul Herdsman.

Being the co-founder and the Chief Operations Officer of NICE Global, Paul Herdsman has insight into the entrepreneurship world, and he shares his nuggets of wisdom.

To make it, Herdsman suggests a positive attitude. This is because positive thinkers are better at solving problems, are energetic and tend to be more resilient. Being grateful for the things you have according to Paul Herdsman is a way to become positive.

Another tip is to take risks. It’s a way of knowing whether your idea will be successful. However, before you carry out a risk, ensure that you gather enough information and carefully evaluate the risk. All in all, you have to be willing to fail.

Venturing into a field you care about is also key to succeeding in your business. This is because much time and energy are spent while running a business. However, when you are running a business in the field you are passionate about, it will show. Read This Article for related information.

An entrepreneur ought to have a vision for their business. This is a clear picture of where they want the business to be in years to come. One should list their goals, challenges, and strengths to establish their vision.

Having the right team also goes a long way to boost the business. When recruiting, be keen on their character and values. Since skills can be taught, someone’s values are unchangeable. As such be on the look for team members with a set of skills that will complement yours.

Oblivious to many, Paul Herdsman admits that there are no shortcuts to success. Most of the entrepreneurs who achieve success do so after putting their shoulder to the wheel.

Entrepreneurs should also strive to learn from their mistakes. They should note down their past mistakes and their reflections on what they learned from their mistakes.

Finally, Mr. Paul Herdsman advises entrepreneurs to be persistent in their venture and also find a mentor to give them wisdom.

Read more about Paul’s business strategies in his 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman


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