Entrepreneurs need to possess definite basic skills like motivation, dedication, and innovation in order to devise business strategies and direct them to realization. However, successful entrepreneurs need more than just the easy of above mentioned assets.
Here is a list of 70 preponderant entrepreneurs who each became extremely wealthy in their businesses and respective industries:
Kaiser Medical
1. Alvin Ailey - Dance (Alvin Ailey) Dance Theater
2. Mary Kay - Ash Cosmetics (Mary Kay)
3. P.T. Barnum - Entertainment (Barnum & Bailey)
4. Warren Bechtel - Construction
5. Jeff Bezos - Internet (Amazon)
6. Michael Bloomberg - Financial Information
7. Richard Branson - several (Virgin)
8. Andrew Carnegie - Steel (Us Steel)
9. Steve Case - Internet (America Online)
10. Jim Clark - Internet (Netscape)
11. Michael Dell - Computers (Dell Computer)
12. Walt Disney - Entertainment
13. Larry Ellison - Software (Oracle)
14. Debbi Fields - Cookies (Mrs. Fields)
15. Donald and Doris Fisher - Clothing (Gap Inc.)
16. Ernest & Julio Gallo - Wine
17. Bill Gates - Software (Microsoft)
18. A. P. Giannini - Banking (Bank of America)
19. Walt Goodridge - Writer
20. Leo Goodwin - assurance (Geico)
21. Barry Gordy - Music (Motown Records)
22. Joyce Hall - Greeting Cards (Hallmark)
23. William Randolph Hearst - Publishing (Hearst Newspapers)
24. Richard A. Henson - Airlines
25. Fernando Hernandez - Telecommunications (At&T)
26. Milton Hershey - Chocolate
27. James J. Hill - Railroads (Great Northern Railway)
28. Wayne Huizenga - Sanitation (Waste Management)
29. Steve Jobs - Computers (Apple)
30. Robert L. Johnson - Broadcasting (Bet)
31. John Johnson - Publishing (Ebony)
32. Henry J. Kaiser - health Care (Kaiser Permanente)
33. Herb Kelleher - Airlines (Southwest)
34. Ray Kroc - Fast Food (McDonald's)
35. Estee Lauder - Cosmetics
36. William Levitt - Housing
37. Henry Luce - Publishing (Time/Life)
38. J. W. Marriott - Hospitality
39. Louis B. Mayer - Entertainment (Mgm)
40. William McGowan - Telecommunications (Mci)
41. Scott McNealy - Computers (Sun Microsystems)
42. Judi Sheppard Missett - Fitness (Jazzercise)
43. Gordon Moore - Electronics (Intel)
44. Andrew Morrison - Web Publishing
45. Rupert Murdoch - Media
46. Pierre Omidyar - Internet (Ebay)
47. David Packard - Electronics (Hewlett-Packard)
48. William S. Paley - Broadcasting (Cbs)
49. Ross Perot - Data management (Electronic Data Systems)
50. Jay Pritzker - Hospitality (Hyatt)
51. Ralph Roberts - Cable Tv (Comcast)
52. John D. Rockefeller - Oil (Standard Oil)
53. Carlos Santana
54. David Sarnoff Broadcasting (Nbc)
55. Howard Schultz - Coffee (Starbucks)
56. Charles Schwab - discount Brokerage
57. Richard W. Sears - Mail Order (Sears-Roebuck)
58. Russell Simmons - Music (Def Jam Records)
59. Fred Smith - Shipping (Federal Express)
60. Charles C. Spaulding - Insurance
61. Gloria Steinem - Publishing (Ms)
62. Martha Stewart - Multimedia
63. Dave Thomas - Fast Food (Wendy's)
64. Donald Trump - Real Estate
65. Ted Turner - Broadcasting (Cnn)
66. Madam C. J. Walker - Hair Care
67. Sam Walton - discount sell (Wal-Mart)
68. Thomas Watson, Sr. - Computing (Ibm)
69. Oprah Winfrey - Tv
70. Mal Emery - Australian Mailorder Millionaire
All these habitancy emerged as successful entrepreneurs and their success stories are a chapter to learn from. These entrepreneurs did not start their venture with a lot more intelligence or a lot more wealth. Indeed, they all had the talent to move on and were adequate with a vision, dedication, commitment, inspiration and innovation.
But one of the central elements that drove them to success was time management.
An midpoint individual is able to attain mediocre results from some allotted time; however, a wise entrepreneur makes the most use of that time. He/she is gifted with the quality to apply time perfectly and to derive results from every singular exiguous spent.
They perceive the value of every moment and work hard to make it worthwhile.
Maximize Time and Money
Successful entrepreneurs take definite steps that put them on the path to maximum productivity and profits.
The following are some measures entrepreneurs take to ensure sound business operations:
1. Outsourcing: Outsourcing is the key to getting work done on time with minimal resources. Outsourcing helps entrepreneurs to hire external workers to achieve definite tasks; in this fashion, entrepreneurs save time, money and efforts.
All this results in the quality to show the way business operations smoothly and to tackle competition better.
2. Convention A Team of business Experts: Entrepreneurs ensure that the team involved in the business is filled with professionals specialized in their respective fields.
A good committed team works hard to meet business objectives and remains committed to the purpose.
Further, expert team members achieve their tasks efficiently to maximize business profits and growth. This, in turn, helps entrepreneurs attract investors for its projects.
3. Using Rather Than Fearing Technology: Technology has emerged into every aspect of life. It has helped to make business processes more favorable and swift.
Successful entrepreneurs hire technology to their advantage; they exploit the discrete benefits it offers by incorporating technological advances in every aspect of the business. This helps to reduce costs in the long run and to enhance productivity.
4. Hiring The Right People: A business is only as strong and successful as the habitancy working for it. This implies that a business venture can meet objectives provided that the entrepreneur as well as the team is knowledgeable and experienced in the field.
Without either, success will seem like an illusion.
According to Harvard business School a staggering 40% of business failure can be laid at the feet of hiring the wrong people!
5. Using a Daily To-Do List: Entrepreneurs perceive the value of time and remain organized by setting a to-do list. This helps to divide time appropriately to discrete tasks and ensures timely completion of daily goals. This is an leading requirement to carry on time and resources.
Increasingly, entrepreneurs are recognizing the need to carry on time; this includes the use of tools and techniques that help to plan and program time. This entails the setting of goals and priorities.
An entrepreneur should seriously plan, prioritize, operate and carry on the functions of his/her business. This will help to enhance productivity and to carry on challenges proactively.
List of celebrated Entrepreneurs And Their inexpressive Weapon - Time management
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