Tips from successful business leaders

Success depends on a lot of hard work and determination. But you can also look to the past to get inspired by the triumphs of others. Here are some wonderful advice from successful business leaders.

It’s all about making bets. Sometimes you make the wrong bets, and hopefully most of the time, you make the right bets. But the important thing is to sticking to those bets.

Lisa Su, AMD

Do something you are very passionate about. And don’t try to chase what is – kind of – the “hot” passion of the day.

Jeff Bezos, Amazon

One of the things I advice entrepreneurs to do is, when you have an idea, so, a classic entrepreneurial impulse is to hold the idea close you and tell tell people, ’cause oh, the idea’s special. That’s almost always a mistake. It’s a mistake because your actual real competitive advantage is not that you have this idea that you have locked away in your closet, which may or may not be accurate and you have no idea which it is. Your actual competitive advantage is if you’re assembling intelligence around does this idea work, what is the right team, what is the right learnings, and we are essentially in motion.

– Reid Hoffman, LinkedIn

Somebody taught me a long time ago a very valuable lesson. Which is, if you do the right things on the top line, the bottom line will follow. What they meant by that was, if you get the right strategy, if you have the right people, and if you have the right culture in your company, you’ll do the right products, you’ll do the right marketing, and you’ll do the right thing logistically in your manufacturing and distribution. And if you do those things right, the bottom line will follow.

– Steve Jobs, Apple

Constantly seek criticism. A well-thought out critique of whatever you are doing is as valuable as gold.

– Elon Musk, SpaceX

One of the things that I do is, I question a lot of things. And you can do that in a good way and in a bad way, but hopefully, if you try to get people to motivate, why they are doing something and their way of thinking, you know the worst thing you can end up with is a situation where you get told “well, this is the way it’s always been”. That’s the worst ever – that’s a non-answer. Instead ask yourself, you know, given everything you have today, is there a way we can make this better?

– Kevin Rose, Digg

I think the perception of fashion is that it’s extremely glamorous, and that it’s sort of frivolous, and all these things, but it really isn’t. It’s a business like anything else… You have to marry really your creativity with what’s going on and what’s real in terms of the market.

– Vera Wang, Vera Wang

I’ve always believed that to be successful as an entrepreneur, you have to be absolutely passionate about solving a problem that really bugs you.

– Kiran Mazumdar, Biocon

Doing what you want means moving forward with the way you feel and living your truth. A lot of the time you’ll find common ground with people, and sometimes there are a lot of people you find that agree with you. But it has to be your truth, because that’s the only way.

– Rihanna, Fenty Beauty

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