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9 quotes by entrepreneurs to propel you into the New Year

Friday, November 27, 2015

Whether you’re a seasoned entrepreneur or a new business owner, running a business is hard work and can be pretty scary at times. Dialdirect understands that anything that makes your life easier can take a lot of the pressure off, which is why we created Easy Build, the easiest way to get household, buildings, and car insurance quotes online.

But besides taking care of the little things like giving you affordable car insurance, we thought we’d put a little pep in your end-of-year business step with some motivating quotes from some of history’s greatest entrepreneurs. Whatever business you own, here is some timeless advice that will get you inspired to finish off the rest of 2015 with a bang:

1. “You can’t make a good deal with a bad person.” – Warren Buffett, investor.

In addition to being one of the wealthiest people in the world, Warren Buffett is also well known for his philanthropic work. And when his company Berkshire-Hathaway acquires a business, he meets the management of that business in person and makes the deal himself. Buffett’s business acumen has seen him to unfathomable success, but so has his integrity.

2. "If you’re offered a seat on a rocket ship, you don’t ask what seat. You just get on.” – Sheryl Sandberg, Chief Operating Officer of Facebook.

Technically, it wasn’t Sandberg who said this, but Eric Schmidt, who, in 2001 when he was Google’s CEO, said this to her when she was considering whether or not to take a job with the search engine giant. To Sandburg, this meant that when it comes to your career, the most important consideration when making decisions is potential growth rate. When you’re considering the next step for your business, ask yourself first if it will help to grow your company. 

3. “Your most unhappy customers are your greatest source of learning.” – Bill Gates, co-founder of Microsoft and notable philanthropist.

Rather than seeing irate customers as damaging your reputation, learn from them. You want your offering to be the best on the market and criticism from people who actually use it is the best way to make it better.

And although many complaints come through social media these days where everyone can see them, don’t make the mistake of seeing this as a negative thing. Responding to and fixing a client’s issues where other customers can see is one of the best ways to improve your reputation.

4. “People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A company is only as good as the people it keeps.” – Mary Kay Ash, founder of Mary Kay Cosmetics, Inc.

In 1984, Mary Kay Inc. was featured in Fortune magazine’s ‘100 Best Companies to Work for in America.’ Considering that Kay’s cosmetic empire began with a single shop in 1963 and was listed on the New York Stock Exchange just 13 years later, it’s clear that her immensely successful company benefitted from the value she saw in her employees.

5. “A business that makes nothing but money is a poor business.” – Henry Ford, founder of the Ford Motor Company.

Whatever your reasons for starting your business, it probably took a lot of guts to leave the safety of a guaranteed salary each month, which means that it’s more than just a way to make money for you. Take that passion for whatever you’re selling and use it to create a business that has a meaningful impact on your customers’ lives and your own.

6. “The thing you fear most has no power. Your fear of it is what has the power. Facing the truth really will set you free.” – Oprah Winfrey, media mogul.

Whether it’s the uncertain viability of a new product you want to sell, or the scary future of trusting that your business will work and grow, Winfrey got it right when she said that your fear itself is what holds the power over you.

7. “The biggest risk is not taking any risk. In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks." – Mark Zuckerberg, co-founder and chief executive of Facebook.

The arrival of the internet and open access to information means that our world is constantly changing through innovation, and it’s not much surprise that small businesses are driving a lot of that change. But whether you run a small, medium or large enterprise, you will always have challenges and competitors who do some things better than you. How do you deal with it? Follow your gut and take the risks you want to take.

8.”We need to accept that we won't always make the right decisions; that we'll screw up royally sometimes – understanding that failure is not the opposite of success; it's part of success.” – Arianna Huffington

When you’re feeling worried about a business decision or concerned you’ve made a mistake, challenge yourself to find a successful entrepreneur who hasn’t made a mistake somewhere along their journey to success.

9. “I kept thinking big.” –Daymond John, founder and CEO of FUBU.

With just a $40 budget to begin with, John has grown his clothing brand FUBU into a multi-billion dollar enterprise. His business career is testament to how dreaming big is the start of making it big. 

We hope these quotes have given you the motivation to keep your head up through these final weeks of the year and make the most of what’s left of 2015. Remember that Easy Build is open 365 days a year, 24 hours a day, so you can get all of your insurance needs sorted out anywhere, anytime. Let us take care of the little things while you concentrate on growing your business to its full potential.