This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2018/12/21/advice-to-entrepreneurs-looking-to-take-the-first-steps-in-business/
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by Simon Dolan, founder of Dolan Accountancy
On leaving school with virtually no qualifications, some people may well have written me off as someone with little prospects. Despite this, I have gone on to establish and grow a number of successful businesses across diverse industries including including accountancy, PR and even aviation.
It’s safe to say that I have had to overcome some barriers in my time, leading to considerable success – I sold my original accountancy firm for close to £100m. I have also invested in numerous businesses, leading to me being awarded the title ‘Twitter Dragon’ for my method of investing in fledgling business who have pitched to me in 140 characters.
In overcoming challenges along the way I’ve learnt that to have a chance of succeeding in business, there are core pieces of advice that I find useful to remind myself of and offer to any entrepreneurs starting on their journey:
1. Learn how to sell.
Almost everything in business is about sales – from persuading people to help you on your journey, to selling your first and millionth product. Whether it’s selling yourself or your product, you need to feel comfortable picking up the phone, crafting an email or creating a persuasive sales pitch.
2. Go for the niche.
You don’t want to enter a market that is overly saturated, but neither do you want to enter a niche that’s so tiny there’s no money there. Choose something relatively small without a lot of competition, as that’s where you’ll find success.
3. Accept your limitations.
You can’t be an expert at everything, so it’s important to know when to ask for help. Perhaps it is hiring a freelancer to help you with marketing or just an extra helping han… Read More
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