The most successful entrepreneurs in the world didn’t just wake up one day being ridiculously prosperous, they had to put in the planning, work, and dedication to make it in their field.
The wisest business owners learn from other people’s mistakes rather than struggling through the overwhelming journey on their own. They take advice and adapt it to their situation to learn and grow as they build their empire.
If you want to be lucrative in new business ventures you’d be wise to learn from those who have walked that road.
Keep reading for words of wisdom from successful entrepreneurs who took the business world by storm and can help you do the same.
You’ll be hard-pressed to find anyone who’s a more successful entrepreneur than Richard Branson.
Founder of the Virgin Group, this billionaire knows the key to success as a business owner, CEO, author, philanthropist and more. He truly is a renaissance man with a great deal of wisdom to share.
After dropping out of school at the age of 16, partly due to struggling with dyslexia, he began a youth-run magazine that Branson secured $1000s in advertising for the first issue.
By 1973, he started the now famous Virgin Records then expanding over the past forty-five years to telecommunications, airlines, train companies, radio stations, hotels and even space tourism.
In a blog post Branson penned a letter to his teenage self.
Branson’s advice for new entrepreneurs applies to anyone looking to break into or succeed in any business:
Find things that interest you and pursue them doggedly. This passion is what will keep you going when things get tough – and life is always full of challenges. Your alternative ways of thinking will help you see these challenges as opportunities.
It’s ok not to be good at some things; as long as you find good people you can trust and surround yourself with them. Learn what you’re good at and channel that, instead of focusing on what you can’t do.
If you’re going to pour your blood, sweat, and tears into a business it’s easier to do so if it’s a product, service or a cause you believe in.
John Paul DeJoria
At one point in his life, John Paul DeJoria was living in his car and surviving on complimentary salsa and chips at the local bar.
At the beginning of 2018, his estimated worth was over $3.4 Billion. He made most of his fortune through a haircare product company he and co-founder Paul Martin started with just $700.
Much of the rest of his fortune came from a trip to Mexico that led to his creating a high-end tequila company Patron Spirits which was recently bought by Bacardi.
DeJoria’s advice for others trying to turn their passions into entrepreneurial success is:
Be prepared for a lot of rejection, because you are going to get it. If you are prepared for it, it’s not going to hurt you as much. Be just as enthusiastic on door 101 if 100 have been closed in your face. Eventually, you’re going to do it.
Success is not how much money you have, success is how well you do what you do
DeJoria, Branson and other outrageously wealthy entrepreneurs take pride in their creation and in being business leaders that care.
Have a Heart, Use Your Brain
Richard Branson and more than a dozen other billionaires have pledged to give half of their fortunes away to make the world a better place.
Their ability to see beyond themselves has helped them gain the success in the business world and in life.
Dreams Can Come True, and They Have For Other Successful Entrepreneurs
You don’t need a huge bank account now to be a billionaire in the future. Branson and DeJoria are testaments to that.
Successful entrepreneurs just need the right attitude matched with the right idea to make all their dreams come true.
For help making your dreams come true check out our resources today