Skip to main content

Top 100 Businessman - Preston Lee Share His Best Advice - 31

Founder of Millo.co, the premier destination for expert advice from the world's top freelancers & founders. Here's Preston's biggest piece of business advice for new entrepreneurs and for more, listen to his episode on my podcast about how to get blog sponsorships:

"First-time entrepreneurs almost always focus too much on non-differentiating work. Work that doesn’t make a difference in their business. Work that definitely doesn’t increase revenue."

"Without a focus on doing work that makes a difference, your business is just a hobby." @milloteam


"A few simple examples: Redesigning your logo or website a dozen times, setting up every social media account possible, trying to stay on top of said social media. And the list goes on. Instead, focus on revenue. Do the tasks that will increase revenue and reduce costs. Without a focus on that, your business is just a hobby." To add to what Preston had to say, I'd double down and emphasize that in order to even consider doing work that makes a difference, you need to building and leveraging your entrepreneurial strength every day.
Labels:

Comments

Post a Comment

Popular posts from this blog

Quick Ways to Make Money - Do They Exist? by David L. Feinstein

We so often see people who have gotten themselves into a life that they just don't get excited about anymore. Usually they work a job that they really don't want to wake up for, and basically just dread the same old routine, and doing the same old carpool to work thing. It's prevalent in every part of the world and within every human. For those lucky enough to have found what they love to do, which really makes it not even work anymore, then God Bless them. They've probably worked very hard to get what they want and now are enjoying the fruits of their labors. For the rest of us it's not always so easy. We often toil languidly trying to figure out what it is that we like to do and end up waking up one morning to the dreaded alarm clock to send you off to the 9 to 5. It's a noble living, and those who work hard to raise their families deserve respect. They also deserve more and they know it. But here's the trap. The trap that people fall into is bui...
Post a Comment
Read more

Top 100 Businessman - Jeff Haden Share His Best Advice - 21

Jeff is a ghostwriter, speaker, LinkedIn Influencer and contributing editor to Inc. He worked his way up to managing a 250-employee book plant and has become a sought-after ghostwriter for the world's top business leaders. He's written more than 50 books, including six Amazon Business and Investing No. 1's. He's collected four years of business advice in his most recent book, TransForm: Dramatically Improve Your Career, Business, Relationships, and Life ... One Simple Step at a Time. Here's his best piece of business advice to aspiring entrepreneurs who want to start a business of their own: "Never forget that your business needs to take in more money than it spends. I know that sounds too simple, but so many people lose sight of that. That’s also why so many first-time entrepreneurs over-invest (or spend so much of their time looking for investors) early on." "Create solutions that cost little to no money & always spend less than you ma...
Post a Comment
Read more

Top 100 Businessman - Jen Kessler Share Her Best Advice - 42

Jen Kessler is the CEO and cofounder of Bizzy, a state-of-the-art marketing platform for eEommerce businesses. Jen studied business at Stanford and math at University of Pennsylvania. She's worked at the forefront of bringing inventive predictive modeling to portfolio management across multiple industries, and is excited to be bringing that innovation to the marketing industry. Here's her business advice for aspiring entrepreneurs who want to start a business: "Stay balanced. As an entrepreneur, you need to be constantly processing new information, adjusting your plan, and making decisions." "Stay balanced. Get sleep, exercise and have a life outside of just work." @jenkessler1 "If you are exhausted and 100% monopolized by work, you won't have the perspective and insight that you need to guide your venture in the right direction. Sleeping, exercising, and having a life outside of work is critical for your endurance as a human informa...
Post a Comment
Read more