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Starting up a business on one’s own is not as easy as it looks, and many have gone home broke when the entrepreneurial venture of their dreams failed to take off. However, there are those who achieved success and were able to live out their dreams of entrepreneurial success.
Inc.com shows how these self-made entrepreneurial mavens were able to find success in the fast-paced world of entrepreneurship. Here are three of them:
• Being kind to customers. Bob Moore of Bob’s Red Mill, a natural-foods chain in Milwaukee, Oregon, believes that customers should be treated with utmost respect. In addition, he agrees that the customer is always right, which probably made his store’s ordinary buyers into lifelong repeat customers and even business partners.
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• Accountability is a good thing. Although Tim O’Reily was already head of O’Reilly Media, a publishing company located in Sebastopol, California, he hired a board of directors based on the advice of a management consultant. Tim believed that being accountable for something, no matter how high one’s position is, teaches great discipline.
• Keeping a close eye on the product. Even though Justin Kan is busy with his work as the co-founder of Justin.tv, a video streaming site based in San Francisco, he still sticks close to the coding, which is the lifeblood of any web company, because he believes that it is next to impossible to manage somebody’s work if he doesn’t have intimate knowledge of how the work is actually done.
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Many successful entrepreneurs have their own secrets to success, and it is very important for those who want to achieve the same level of success to take each and every one of them to heart.
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