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Ronnee Strickland, an American attorney, and entrepreneur who has owned and run several successful businesses before ending her flourishing career working for the government, recently spoke to young and ambitious business owners about the advice she wishes she could give them before starting their own businesses. Ronnee Strickland offers 5 tips to help young entrepreneurs get ahead in the business world.
Ronnee Strickland has experienced both the joys and stress of entrepreneurship. Having opened several successful businesses, Ronnee speaks to young professionals about the steps to take before starting a business as well as how to keep it going once you begin.
Have self-confidence
You have to be your own biggest cheerleader and have confidence that you can achieve anything you set your mind to. That doesn't mean you won't make mistakes along the way, but it does mean that you shouldn't let those mistakes define you or hold you back. It's also important to not compare yourself with others, as this will only lead to self-doubt. Lastly, she recommends surrounding yourself with a support system of people who support your goals and ambitions; this is essential if you want any chance at success in business.
Learn from your mistakes
In business, you're bound to make mistakes. But it's important to learn from those mistakes so you don't repeat them in the future. Here are some ways for Ronnee Strickland how to do just that
1) Don't compare yourself to others: There will always be someone who is more successful than you. Keep your eye on what you want, not what others have accomplished. Set achievable goals and break them down into shorter stages.
2) Believe in yourself - even when you feel like giving up. Finally, put your needs first by taking care of your physical, mental, emotional, and spiritual health.
Admit when you are wrong
In business, and in life, it is so important to be able to admit when you are wrong. You will make mistakes, we all do. But what sets successful people apart is their ability to learn from their mistakes and move on. If you can't admit when you're wrong, you'll never be able to learn and grow. Here are points from Ronnee Strickland on how to admit when you're wrong
1) Figure out why it happened and what could have been done differently.
2) Determine the best way to handle the situation going forward - there may not be a perfect solution.
3) Take action based on your decision (e.g., apologize, change the course of action).
4) Commit yourself to continuing learning from this experience so that you don't repeat the same mistake again in the future.
Work hard, and don’t take shortcuts
No one said starting a business was easy. In fact, it’s presumably one of the toughest things you’ll ever do. But if you’re driven, passionate, and willing to work hard, it can be incredibly rewarding.
1) You have to get up earlier than everybody else: Successful entrepreneurs know that getting out of bed before anyone else will give them the time they need to plan their day and be proactive in making important decisions.
2) Build a network: Networking is important in every industry, but is especially critical when starting your own company. Building relationships with other business owners will provide opportunities that otherwise might not exist.
Take care of yourself physically, emotionally, mentally, and spiritually
In order to be a successful entrepreneur, you have to take care of yourself physically, emotionally, mentally, and spiritually. You need to be in good shape physically so that you can handle the stress of running a business. You need to be emotionally stable so that you can make tough decisions. You need to be mentally sharp so that you can solve problems quickly. And you need to have a strong spiritual foundation so that you can stay focused on your goals. How you take care of yourself will impact how well you can do your job as an entrepreneur.
