gtag('config', 'UA-254745435-1');

8 Successful Entrepreneurs Reveal the Best Business Advice they ever got

woman demonstrating blank business card in light room

Business advice is a valuable asset for any company and it is critical to have access to the best advice. With the best advice for business, entrepreneurs can leverage their resources and maximize their chances of success. Having access to experienced professionals who have been in the business world for years can provide invaluable insights into navigating the complexities of running a successful business.

Every successful entrepreneur knows the importance of taking best advice for business from those who have been there before. In this article, we’ll explore some of the most valuable business advice that successful entrepreneurs have shared, from planning and goal-setting to marketing and growth strategies. From seasoned veterans to first-time entrepreneurs, these tips are invaluable for anyone looking to start or grow a business. Now let see 8 successful entrepreneurs reveal the best business advice they ever got.

Marcus Lemonis

Marcus Lemonis is an entrepreneur, investor, and star of the hit TV show ‘The Profit’. He has built a successful career by combining his passion for business and his ability to recognize potential in others. As the CEO of Camping World, he has led the company to become one of the largest outdoor recreation companies in the United States.

 Lemonis also serves as a mentor to aspiring entrepreneurs, sharing his wealth of knowledge and experience through his popular podcast ‘The Profit Podcast’. His unique approach to business has made him an inspiration to many who seek success in their own ventures.

The Marcus advice is that “It may seem strange, but my mother gave me that advice. She stated that when you shake someone’s hand, you must honour the agreement and do what you say you will do. If you made a bad deal, you should be ashamed — but that’s the deal you made, so you’re stuck with it.

Daymond John

Daymond John is a television star, businessman, and investor from the United States. He is the founder of the urban clothing line FUBU and a Shark Tank investor on ABC.

John started his career in 1992 when he founded FUBU with his mother’s help. Since then, he has become a successful businessman and one of the most recognizable faces on television. He is also a motivational speaker who promotes financial literacy and entrepreneurship among young people.

John has written several books about his experiences as an entrepreneur, including The Power of Broke and Rise & Grind. He has also made appearances on various talk shows to discuss business strategies and success stories from entrepreneurs around the world.

Daymond John is a true inspiration for aspiring entrepreneurs everywhere, showing them that it is possible to achieve success even with limited resources.

Daymond john has givn an advice that “When I first got into the fashion business on a big scale, the best advice I got was from an older salesman I knew named Hal. ‘You have to save your money in this business because you never know when you’ll have to bring it back and invest it in the business,’ he said. In that respect, he was correct.”

Liz Wessel

Liz Wessel is a tech entrepreneur and the co-founder and CEO of WayUp, a career marketplace for college students and recent graduates. She is an inspiring example of how a young leader can make a difference in the world.

Since founding WayUp, Liz has been featured in Forbes’ “30 Under 30” list, named one of Inc. Magazine’s “35 Under 35” entrepreneurs, and recognized as one of Fortune Magazine’s “40 under 40”. She has also been invited to speak at various conferences such as SXSW Interactive, Web Summit and TechCrunch Disrupt.

Liz is passionate about creating opportunities for young people to find meaningful work and she is an advocate for diversity in the workplace. She believes that everyone should have access to meaningful work regardless of their background or identity.

His advice is that ′′At graduation, one of my friend’s fathers told me that choosing a career should be as serious as choosing a spouse, because you’ll probably end up spending more time at work than with your spouse for the foreseeable future.”

Karsanbhai Patel: Sbki Pasand Nirma 

Karsanbhai Patel is an Indian entrepreneur who is best known for founding the popular detergent brand, Nirma. He revolutionized the Indian cleaning industry by introducing low-cost detergents that were affordable for all. He was also responsible for introducing the concept of ‘value for money’ in India and his products are still popular today.

Karsanbhai Patel’s success story is an inspiring one and serves as a reminder of how hard work and determination can help you achieve success even in the face of adversity. His journey to create Nirma was filled with challenges but he never gave up and eventually, his efforts paid off. Today, Nirma stands as a testament to Karsanbhai Patel’s vision and dedication to providing quality products at affordable prices.

Ashif Mawji

The key to a successful business is to remember the fundamentals. Keeping up with the basic principles of running an enterprise is essential for lasting success.

Ashif Mawji, CEO of Trust Science, is a firm believer in the power of keeping things simple. He believes that when running a business, you should stick to the basics and focus on what really matters. His philosophy is that if you focus on the fundamentals and build upon them, success will naturally follow. He believes that by doing this, you can create a strong foundation for your business to grow and flourish in the long run.

Koel Thomae

Koel Thomae is the co-founder of Noosa Yoghurt, a multi-million dollar company that produces and distributes yoghurt products in the United States. She has been credited with revolutionizing the yoghurt industry by introducing new flavors, packaging, and production methods.

Koel Thomae’s journey as an entrepreneur began when she was just a teenager. She started her own business selling homemade yogurt to local restaurants in her hometown of Boulder, Colorado. Her success with Noosa Yoghurt has been remarkable; under her leadership, the company has grown from a small startup to one of the most successful yoghurt brands in America.

Chris Fanini 

Chris Fanini is the co-founder of Weebly, an online platform for creating websites and managing eCommerce stores. As a successful entrepreneur, Chris has a lot of experience and knowledge to share about running a business. His best business advice for entrepreneurs is to stay focused on the customer and never stop learning. He believes that having a good understanding of customer needs and staying up-to-date with industry trends are key components of success. Furthermore, he encourages entrepreneurs to take risks, be creative, and never give up on their dreams. With these tips in mind, Chris Fanini’s best business advice can help any aspiring entrepreneur succeed in their business endeavors.

“It’s better to beg for forgiveness than to ask for permission. It’s more about pushing boundaries — not so much about abusing the situation as it is about knowing when to push them. That’s something my parents always told me when I was younger.”

Jim Estill

Jim Estill, CEO of Danby, is a great example of a successful entrepreneur. He has built an impressive business empire and managed to stay on top despite the ever-changing business landscape. His success can be attributed to his ability to take calculated risks and make smart decisions. He has also been very generous with his advice and insights, which have been invaluable for many aspiring entrepreneurs. In this article, we will discuss Jim Estill’s best business advice and how it can help you become a successful entrepreneur.

“Having a failure does not automatically make you a failure. My father gave me the advice. Over time, I shifted that to ‘fail often, fail fast, fail cheap,’ and realised that people and businesses that fail win more.”

In conclusion

These are the 8 successful entrepreneurs reveal the best business advice they ever got. These stories will not only fascinate you, but will also inspire you, boost your self-confidence, and energise you to pursue your dreams.

If you have any suggestions for these Rags to Riches Stories, please leave them in the comments section below. You can also ask your question about this post or any other topic in the comments section.

Read More:
10 Business Advice for Young Entrepreneurs

10 Entrepreneurs that have shared Their Best Advice to Start a Business

10 Small Business Finance Management Tips

How to Build a Brand as an Independent Artist?