Robert Herjavec is best known for his success as a entrepreneur and his time on the hit TV show, Shark Tank, in which budding entrepreneurs get a chance to make a pitch to sell their product.
Robert has built and sold IT (Information Technology) companies. In 2003, Herjavec founded Herjavec Group, an expert team of highly dedicated security specialists. Herjavec Group earned $400,000 in annual sales revenue to run rate of $150,000,000. Along with owning one of the most successful technology companies in North America, his novels were Top 10 best-sellers.
You want your competition (other successful companies) to almost be intimidated by your success and all your accomplishments. Have something you have done or can do that other businesses haven't.
In order for people to invest in your business, you want them to feel comfortable around you. Make them feel at home! You don't want them to feel like they're walking on eggshells around you.
In this business, it's crucial to promote yourself and your company so you can make a profit but you can not be conceited about it or else nobody will want to invest in your company. Be confident but not arrogant.
Planning everything ahead of time is important. You can put your mind at ease when you know what's next so you can prepare for it. You don't want to be behind or else you'll lose track of everything.
Creating a positive business image is extremely important because if you want to be successful, you can't have a negative image because nobody would want to invest in you or your product or company.
Managing money wisely is a major must for a successful entrepreneur. If you throw around your money and/or are wasting it on unnecessary things, your company would go down the drain because it would lose money and make no profit.
One thing that is key in being successful is always remembering that the customer is what the focus is on. You want to be a self promoter but not obnoxious enough to the point where you're arrogant.
You won't make it as an entrepreneur unless you have a phenomenal business team behind you. They are investing their time into helping you be successful. Make sure you pick the right people when having a top notch team.
To be an entrepreneur you must enjoy it. If you're not having fun or finding enjoyment in your career, you shouldn't be doing it. Don't do something you don't enjoy!
All the hard work that goes into being a successful entrepreneur can become tiresome. Always remember to take time off and rest for once. You need it!
Keeping track of everything that you're doing, all at once, can be stressful. Being organized can help lower your level of stress. If it helps, create a method of a way that keeps you in line.
You're setting yourself up for success if you have a comfortable work environment. Design your home or work space in a way that will allow you to be at peace.
When becoming an entrepreneur you want to have a good reputation in the business world. If you have a bad reputation your business will most likely plummet. Having a solid reputation makes more people want to invest you and your company.
You most definitely can not be shy as a entrepreneur! You have to be a spokesperson and a salesperson. For example, if you're doing a sales pitch, you must grab the attention of whoever you're pitching to and be lively!