Help People: 5 Pieces of Advice from Successful Entrepreneurs

Posted on 30.Apr.2015 by Mike Winters | @amcomcap

Forest LindenThe life of an entrepreneur is often wrought with more failures than hits, which can lead one to wonder: Am I doing this right? During such times, some encouraging advice by people who've been through it all can be just the thing we need to hear to keep going with renewed vigor. Here, then, are five pieces of advice about how to succeed in business from entrepreneurs who have done just that.

"Help people. Help when you're happy. Help when you're tired, and even help without attachment to getting anything in return. Keep on helping people towards a better life, straight through to your marketing. If you do this, you'll create a marketing approach that's based on 'help marketing,' and you'll have a business that's never short on customers."
—Forest Linden, founder of Clarity Lab, from a Forbes article

"Learn public speaking. Of all the skills that an entrepreneur can have, I think the ability to convey an idea or opportunity, with confidence, eloquence and passion is the most universally useful skill. Whether you're pitching a group of investors, rallying your employees, selling a customer, recruiting talent, addressing consumers, or doing a press tour, the ability to deliver a great talk is absolutely invaluable. And it is perhaps THE most under-recognized and under-nurtured skill."
—Tim Westergren, founder of Pandora, giving advice on Quora

"If you want to have success, you can't make success your goal. The key is not to worry about being successful, but to instead work toward being significant—and the success will naturally follow. If you do work that you love, and work that fulfills you, the rest will come. I truly believe that the reason I've been able to be so financially successful is because my focus has never, ever for one minute been money."
—Nellie Akalp, CEO of CorpNet, from a Huffington Post blog post

"In the early months, you'll be in hustle mode and will likely be saying 'yes' to every opportunity, getting whatever and whoever you can to help with momentum. Assuming all goes well, you'll reach a tipping point where people start coming to you instead of you going to them—be that speaking events, trial services, coaching, investment etc etc. You will no longer have the time or need to say 'yes' to everything, so get the confidence to start saying 'no' to stay focussed on your vision."
—Chris Prescott, CEO of Fantasy Shopper, giving advice on Quora

"It's hard. And just when you think it can't get any worse, it does. There'll be times when it just keeps getting worse and worse and worse. Meanwhile, everyone else around you is getting better and happier and richer. You'll feel like the only one who hasn't figured it out yet. You're sinking, your life sucks, and your business isn't going anywhere. Oh yeah, and you're not getting any younger, either. And just when you think about finally throwing in the towel, and saying "f* all this!" that right there is the test that all founders are eventually faced with: when things get too hard, you decide to stay, or you decide to quit. My advice is this: Before you decide, look at all those great, successful businesses that inspired you to start your own. They stayed."
—Ben Chestnut, founder of Mail Chimp, from a DoesWhat interview

image description Roy Brooks and American Commercial Capital, LLC, has provided invoice-factoring services to Houston-area small businesses since 2003. We work with businesses in San Antonio, Dallas, Austin, Fort Worth, Beaumont, Port Arthur, Corpus Christi, and other nearby Texas cities.

If you want to learn more about how cashflow-sensitive invoice factoring can help your business, give us a call at 713-227-3863, contact us here, or fill out our form for a free, no-obligation quote.

READ MORE FROM AMERICAN COMMERCIAL CAPITAL

Business Video Roundup: Running, Marketing & Funding Small Business

Evan Carmichael – Improving Negotiation SkillsThis week we've got over two hours of small-business insights and motivation, so you might want to grab a drink and some popcorn before diving in. On deck: Brian Tracy shares some low-cost marketing ideas, Evan Carmichael gives advice on improving your negotiation skills, and several small-business owners tell how they turned their passions into profits. Plus, a panel of experts at Entrepreneur Live share business funding advice. Read more

Mike Winters 17.11.2017 

Business Video Roundup: What the Tax Cut & Jobs Act Means for Small Business & More

Jamie Dimon – JPMorgan ChaseIn this week's roundup, Brian Tracy discusses how to overcome fear of success, Evan Carmichael and Stephen Kelly talk about strategic business alliances, and the CEO of JPMorgan Chase sits down for a 60-minute talk covering an array of business topics. Plus, Stanford GSB lecturer Amy Wilkinson digs deep and finds six skills common to most successful entrepreneurs. Finally, Mark Kohler breaks down the new Tax Cuts and Jobs Act and explains what it means for small-business owners.  Read more

Mike Winters 10.11.2017 

Houston Factoring Companies: Why Choose American Commercial Capital for Invoice Factoring?

Houston Factoring Companies / Houston SkylineIf you're a Houston-based entrepreneur who has been searching for ways to improve your business cash flow and get the capital you need to grow, chances are you've come across a dozen Houston factoring companies who all claim to be the answer to all your problems. Invoice factoring, for those who don't know, is when a business sells its accounts receivable (invoices) to a third-party company at a discount. Factoring helps prevent business cash-flow problems by allowing a business to get paid on invoices immediately rather than wait the typical 30 to 90 days to receive a client payment. It's a cash-flow sensitive solution that eliminates cash-flow restrictions and helps small businesses stay ahead of the game and grow. Read more

Mike Winters 30.10.2017 
Back
AMERICAN COMMERCIAL CAPITAL HOME

HOW MUCH COULD FACTORING INCREASE PROFITS FOR YOUR BUSINESS?

CALL 713-227-3863