What are the best effective proven successful business strategies for new, smart and ambitious entrepreneurs?
To truly make it in the online space, an entrepreneur is highly advised to follow certain successful business strategies, business advice, and success principles to stand a chance of making it to the top.
In this article, I’m going to share with you 10 awesome proven successful business strategies and smart tactics for entrepreneurs, of all time to give you a head start and point you in the right direction.
It may be, that you are a brand new entrepreneur and is totally overwhelmed by the sheer volume of information you come across in the online space and have no idea how or where to start from or
You are just a struggling entrepreneur, trying to establish your feet and, are not yet producing the kind of results you are after or were promised you will get when you started your online business.
If that is the case don’t worry…
Keep on reading, we will get to the juicy parts where I will show you how you can turn things around for your self.
A word of cautious, this article is very long but I promise you, it’s is full of wonderful gems which I hope you will appreciate.
I have invested a lot of time writing it, to share with you the best possible business advice, entrepreneur tips for success and tactics to get you started in the right way.
By exploring the following proven successful business strategies and smart tactics for entrepreneurs:
#1: Follow a Reputable Training Program
And you being a newbie, you believe what you are told, so you take out your credit card and sign up for a shiny new program that promises you will become a millionaire overnight only if you do what they tell you.
Halfway through the lessons, you discover, it is not quite giving you the results you were hoping for.
So you cast your eyes a little bit wider and sign up for another program, really believing this one is going to solve the problems you were having with the first one.
And the journey continues …
Then you sign up for the third program until reality hits home.
Behold! You suddenly realize you have used up all your money and have nothing to show for.
Perhaps the money you spent on the business was your
- Savings for a rainy day
- Investment for the future
- Children school funds or
- Loan from a bank, family or friend
Now you are left with a dilemma, you have no more money to invest in another program nor to recover what you have already lost.
This could have been avoided if you had selected and followed to the T, a highly recommended reputable company.
Known in the industry which offers a well-executed training program for their clients, is affordable, reputable authentic and proven.
For this, I highly recommend Wealthy Affiliate.
Since joining them I have never been disappointed nor any of the entrepreneurs I personally know who also follow the same program.
A lot of people have achieved great success with this company.
They offer excellent value and you will get your money back manifolds in terms of the essential skills you will gain and the commissions you could earn if you decide to promote their products.
They will also provide you with a supportive community, which is very important, especially when you are a newbie trying to find your feet and figuring out how things work in the online space.
Typical Skills To Gain From Following The Training Include:
- Learning how to research and choose a Profitable Internet Business
- Starting, building and running your Online Business
- Building a niche website via WordPress that becomes your Brand Identity
- Becoming an authority in your Niche
- Writing quality content that is SEO (search engine optimization) compliant so that your web pages are ranked in Google, Bing and Yahoo search engines
- Marketing strategies
- Growing your business
Estimated Commissions You Could Earn Promoting WA:
- 3 Sales/Day Average Earnings: ($160,000 per year, 3.0 sales per day)
- 6 Sales/Day Average Earnings: ($320,000 per year, 6.0 sales per day)
- 12 Sales/Day Average Earnings: ($640,000 per year, 12.0 sales per day)
- 24 Sales/Day Average Earnings: ($1,280,000 per year, 24.0 sales per day)
Access To a Supportive Community
Aside from the excellent training program they provide, it is the online community I like the best.
You feel right at home and the people are very friendly, supportive and welcoming.
It is perfect for newbies who often need a helping hand, you quickly pick things up and have your questions and queries answered quickly by the members themselves or the support teams.
You don’t need to have a prior computer or business skills to join the program.
I was amazed to see so many people from different age groups joining this program and rarely quit, from the younger generation to 90 years old, learning and doing well in their businesses.
I love the diversity of the community coming from all races, creed, beliefs, countries, gender, and languages.
All respectable, helpful, courteous and united to achieve greatness in their business ventures and a willingness to help each other so everyone can achieve success in their own time.
It is a win-win situation. You learn how to become an expert in your chosen niche as well as being able to make good money at the same time.
What more can you ask?
#2: Smart Tactics For Entrepreneur – Get a Mentor
If you don’t want to follow a training program then search for a trustworthy mentor who you can model and will guide you to achieve the kind of results you are hoping for.
They have been where you have been, walked the path, worn the t-shirt, did the research and know the secrets to creating a successful business.
Note: This can be very expensive, depending on the mentor/program you choose. Some charge thousands of dollars to join.
Ask yourself if this is feasible for you, especially when you are just starting out.
This is because the mentors are trusted, know their stuff and only work with people who are very serious and are not afraid to pay to get good results.
You have to judge the situation according to your circumstances and ability to pay.
Even very successful entrepreneurs need mentors to show them how to move to the next stage in their businesses, such as from earning 1K, 2.5K, 5K, 10K, six figures income to seven, eight or to becoming billionaires.
All is possible when you follow a proven system, know what to do and are shown how to do it.
#3: Commit To The Process, Persevere & Be Patient
Having found a reputable training program or a great mentor to follow. You must stick to the process to the end.
If you quit in the middle of it because it is challenging, are finding the program difficult or whatever the reason may be, be warned that you are unlikely to succeed.
If that happens then that will be a great shame, having come this far and only to quit in the middle of the process. It is just unthinkable.
Entrepreneurs have many great traits and quitting is certainly not one of them.
I like this quote from Les Brown.
“No Matter How Bad It is or How Bad It Gets. I am going to Make It”
You need to commit to your business wholeheartedly and take it seriously.
Success is not achieved by accident. It is achieved because you follow a well-proven system that ensures every step you take will lead you to the outcome you desire.
I will give you an example to think of.
There are 1000’s of them everywhere in different locations of the world. What is so special about them?
The answer is because anyone who wants to adopt their business model has to follow systems, procedures, principles laid out by the companies to the T and comply with their rules.
When new franchises follow their processes they are able to replicate the results as laid out by the founding companies.
This is no different to online businesses. You need to stick to the process, follow the training, guidelines, use a checklist to ensure tasks are done as expected.
The results will speak for themselves in due time because you did the hard work and followed a proven system.
You must learn to persevere, be relentless and remain patient.
A successful entrepreneur is required to have these traits to make it to the top.
There are no shortcuts or magic tricks to apply, just you and your full commitment, doing the right things in the right way and be willing to be adaptable as the needs of your business change and grow.
Another quote that I admire is from Michael John Boback.
“All progress takes place outside the comfort zone”
Success is usually achieved outside the comfort zone when you push your self to do extraordinary things other people are not prepared to do today.
#4: Proven Successful Business Strategies – Create An Online Business Plan
It is well known whenever you start an offline business, you are more than likely to be expected to come up with a business plan, that will show potential investors who support your business venture what your business idea is all about.
It is a given.
For some reason, this phenomenon is not very common when it comes to online business.
Most online business owners seem to miss this step.
It does not have to be as detailed as the offline one, but simply it should formulate your vision and goals for your company.
You have to ask yourself, what is the expected outcome for your business?
How are these goals going to be achieved?
If you are starting your online business but have no idea of what the end goal is, then is like sailing a ship in an open sea without a destination.
You will just be going around in circles without a clue of where you are heading.
It is an essential element to have, so your online business can grow and scale.
You need to execute a plan and follow it through.
It might need adjusting here and there based on your circumstances but at least it will give you an idea of the outcome you are expecting to achieve.
#5: Create a Professional Website
Learn how to develop a good website by following a reputable training program such as Wealthy Affiliate or you can enlist the service of web designers/developers who can do it on your behalf.
Your prospective customers are your biggest assets.
They are the people who are going to purchase your services hopefully via your website and eventually build your online business.
If you can demonstrate a good level of professionalism, sincerity, trust, have a good service and products to offer your customers will stay with you.
They will connect with you, trust what you have to share with them and are more likely to buy your products or follow recommendations you put to them.
It is all about building trust at the of the day.
#6: Master Marketing Strategies
The mother of them all.
You can have
- A good product
- A good service
- A brilliant and well-developed website
- You might be even a genuinely good human being
All these are important qualities to have in your online business.
However, no matter how good these components are, if you are lacking a marketing strategy then the chances of truly succeeding in your business is highly reduced or become near impossible.
You need to market and sell your services or products to the masses out there.
This can be achieved in the online or the traditional offline space.
If you have no customers to buy your services or products then you don’t have a profitable business.
#7: Plan For Growth And Scale Your Business
Assuming you have adopted the last 6 tips I recommended.
You are beginning to see good consistent results, and are reaping the reward of your hard labor.
You now need to start thinking big.
Of course, everyone’s journey is different.
Some might see success immediately, some late and some much later on in the process.
It all depends on your unique online business and the dynamics around it.
So finally good money is hitting your bank account.
What should you do?
Watch this great video from Patric Bet-David of Valuetainment to understand the concept of scaling businesses in entrepreneurship terms.
Obviously, you have various expenses to take care of such as:
- Living expenses
- Business expenses
- Taxes to pay
- Ads expenses
- Reward yourself – Lastly, you are able to buy your dream car or take your family on a dream vacation.
Whilst it is essential you attend to your needs be business or pleasure.
You need to set a portion of your income/profits for re-investment either to existing services or products you are already providing to your customers or explore new opportunities.
You need to work on your business and not in your business so you can plan for growth and expansion to take place.
Be sensible and don’t be too reckless.
If you expand too soon and too much you will not able to meet the demands of your expanding business model.
The last thing you want is to introduce another layer of complexities in your business which will leave you stressed and hinder your progress to success.
This is the opportunity to think of what is the next stage for you. Perhaps you could consider:
- Offering a different variation of your products or services
- Increasing your advertising budget to reach more customers
- Invest in paid targetted traffic to widen your reach
- Offering a more expensive affiliate program as an upsell especially to those existing trusted buyers who know you and know what you stand for
- Adopting another business model such as e-commerce – FBA or Drop shipping, digital products, membership sites, consulting, agency services, etc
- Investing in a well proven profitable opportunity
- Introducing niche sites for Shopify stores or Google Adsense models.
The aim here is to increase the number of sales, diversify your income and generate more revenue.
#8: Automate, Delegate, And Eliminate
In Tip #7, I briefly talked about working on your business and not in your business.
Time is money and your time as the CEO of your company is crucial.
When you are just starting out it is normal to be known as a solo entrepreneur or as Tony Robbins calls it, an operator, where you do everything for your business.
Soon you will learn the value of time and that it is impossible to do everything by yourself.
You will need to leverage systems and resources to really move your business up the notch.
It is essential and a must that you free your valuable time and allow yourself to concentrate on scaling your business.
This means learning to let go of some activities where you become the leader.
Delegating tasks to your team and lead them in a smart and engaging way that will ensure results are delivered.
Not forgetting, achieving the balance of living a free lifestyle which is one of the reasons why I hope you started an online business in the first place.
This can be achieved by:
- Outsourcing some of your business activities to other people using services provided by Upwork.com, Fiverr.com, Freelancer.com and other reputable organizations
- Hiring freelancers to write your blog content the way you want to
- Getting virtual assistants to do your Ads and drive traffic to your offers
- Getting copywriters to write your email sequences and sales copy
- Using automation tools and systems to do mundane tasks
- Eliminating tasks or jobs that take too many resources and time in your business
- Hiring developers to develop your digital products or membership sites that cover the needs of your existing niche or choose a different niche known to be profitable
#9: No Need To Reinvent The Wheel
Whilst it is important to ensure you stick to your identity and your uniqueness, I will say it is also important not to get carried away and waste valuable time and money in trying to come up with something new or different.
Study the marketplace and see what is already doing well.
Going back to the fast food franchise model.
It works because they follow a proven system.
Same principles can be applied to your online home based business.
No need to reinvent the wheel.
Provide what the customer wants, add your uniqueness and twist, offer value, be genuine and sincere and hopefully, you will reap the rewards for your efforts.
#10: Take Your Business Seriously
Don’t treat your business as a hobby. It may have started that way but once you move to the world of business, do your best to treat it as such.
Discipline yourself to be an action taker.
Every little bit counts and goes a long way towards helping you achieving success.
I cannot stress enough the importance of sticking to the plan and following a process.
Your success depends on you taking decisive planned actions to move from point A to point to B.
You want to see progress and clearly see things moving forward.
Hence why it is important to have momentum, as it pushes you to do things and brings you out of your comfort zone.
Take Home Message
Well done, if you have made it down here.
Your success is not just a distant idea you are dreaming about, but one that is well within your reach and can become a reality, only if you are up for the challenge.
Do your best to adopt and follow these highly recommended proven successful business strategies, smart tactics for entrepreneurs, success principles, business tips, and advice to ensure you have a successful business.
It is quite encouraging and inspiring to see lots of female entrepreneurs excelling in their businesses, achieving the very best just like their male counterparts.
Few people come into my mind:
Napolean Hill, Richard Branson, Bill Gates, Steve Jobs, Jeff Bezos, Robert Kiyosaki, Elon Musk, Warren Buffet, Walt Disney, Jack Ma, Mark Cuban, Mark Zuckerberg, Larry Page, Andrew Carnegie, Oprah Winfrey, Tony Robbins, Tim Ferris, Jim Rohn, Jack Canfield, Brian Tracy, Lisa Nichols, Les Brown, Huda Kattan, Kiran Mazumdar-Shaw, Jennifer Hyman, Sara Blakely, Cher Wang, Arianna Huffington, Martha Stewart, J.K. Rowling, Rashmi Sinha, Anita Roddick, Coco Chanel, Cynthia Ndubuisi, Leslie Blodgett, Weili Dai, Alexa von Tobel, Shelia Lirio Marcelo, Erica Nicole, Patrick Ngowi, Lorna Rutto, etc.
They all have had to start from somewhere just like us, but it appears they have one thing in common and that is:
- The passion
- The drive
- The discipline
- The focus
- The commitment
- The vision to do whatever it takes to achieve their goals
- The hunger for success and
- The desire to make a difference in their communities and the world
You and I are no different.
It is essential we learn to unlock the keys on how to be successful in business.
if we are truly very serious about entrepreneurship and don’t want to be average, just producing mediocre results, then we have to do something different otherwise nothing will change.
“Success lives clue” as pointed out by the late legendary -Jim Rohn
In the famous words of Walt Disney… “If you can dream it, you can do it”
It is also important to ensure that you read the right materials and feed your mind with beneficial knowledge and life experiences.
Hang out and network with like-minded people who will inspire you to be the best version you can be and achieve much more in life.
It is said you are who you are friends are, so watch out who you spend your valuable time with.
“If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much” – Jim Rohn
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Love to hear what you think of these proven successful business strategies, smart tactics for entrepreneurs, and business advice. Please leave us a comment below.
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