Friday, 13 May 2011

Winning…Lessons from Entrepreneurial Winners

This blog is brought to you by BrightBlue Marketing team member: Candace Lopez Miller

The tips below are from hard working companies that have moved up the ranks after starting from scratch. They are the true winners.

Many would agree that Austin, Texas is a place overflowing with non-judgmental entrepreneurial support. Living in Austin now, I recently attended one of many local entrepreneurial competitions to hear the latest and greatest ideas coming from some of the up and coming companies. The event was the 2011 Global Venture Labs Investment Competition (a part of The University of Texas at Austin). I attended both the competition sessions and sessions where previous years’ winners shared best practices on how to make a business succeed.

I’d like to share with you a few of the compelling tips and insights provided by the presenting CEOs of successful start-ups:

Start with your network: Seek out additional networking opportunities with the network you already have. Don’t just stop after connecting on LinkedIn, instead continue to build the relationships through multiple phone calls, repeat visits and ongoing emails.

Cause for failure? Insufficient research and making assumptions. Don’t assume – know. Don’t just know – know why.

Ask: “What can I learn from my competitors?” Improve on what they offer or in some cases, simplify what they offer.

Audience vs. Traffic:

Audience = stays with you, you have their emails

Traffic = is there one day, but gone the next

**In order to realize success, you must hang in there long enough and stick to your plan. Don’t give up too early!**


Obstacles are barriers to overcome and overcoming obstacles is what will get you ahead of your competitors.

Do you have any winning business tips you’d like to share with us? We’d love to hear from you!

This post written by: Candace Lopez Miller

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