Business lessons learned from multiple failures – and home-run successes – in business.
Starting, failing and succeeding at creating and building many businesses (including this agency) has allowed me to learn a lot of important nuggets that I want to share with you for business motivation purposes today. This is meant to be a quick one so here we go:
Be patient.
This was me and my long-term business partner’s biggest lesson – and ultimate piece of advice for future business leaders like yourself. Building anything significant (and that will add value to society) takes time – and knowledge. You have to be patient to acquire the necessary skills and experiences to be a leader – you must confidently devote thousands of hours to your craft, industry and business to succeed. Everyone, from entertainers and athletes, all the way to business leaders and entrepreneurs need to be confidently patient. This means grinding strategically at your craft – whilst waiting for your opportunity and moment. It will come if you work hard at the right things – you will learn the right things – if you spend enough time learning everything about your business and industry. You se where I am going with this?
Okay, awesome. Next lesson….
Work harder (and smarter) than everyone else.
With every project and business venture we embark on here, we aim to be 10X better and 10x more helpful than the current market leader. This requires devoting 10X more resources (time, human, monetary, etc.) into crushing marketing and branding. This also requires a lot of strategic thinking to ascertain that work is towards beneficial causes and profitable efforts. That is the level of work, strategic thinking and overall work ethic that powers this firm and marketing engine.
Greatness and being number 1 in any field or industry requires a devotion to hard work – and perfect practice.
Have vision and a mission – and religiously stick to (follow) them.
Me and Pran wanted (individually) to be the best pure marketers in the world. And – we wanted to create the best marketing and advertising agency in the world. This was the mission we had in mind for our company to help us achieve – become the best pure marketers. And the vision we had for Generation One. Every great (many perfect) business decision we made from day one was guided by these two ideas and principles.
We have made a lot of poor decisions and failed at many things when we did not follow our vision and/or mission. But, luckily, we have experienced more than enough success to help us cancel our failures by simply following our vision and mission.
Stick to and follow these two things – your vision and mission. They will not guide you astray. They will take you where you need to go, need to be, want to get to and want to be. All you have to do is use them to guide you.
Build and nurture a brand – or your brand.
Branding is everything when it comes to marketing anywhere. You must make solid brand decisions to survive in the shark infested waters of business and marketing. We excel and love creating generational brands, give us a call or check out our branding page for more information.
Invest everything you can into branding, marketing, sales and advertising.
These are the things that will make you money. Your name, identity, brand, marketing strategy and execution, website, are all assets. Invest heavily into them and you will generate wealth and profits for your firm and business at an unbelievable rate.
Stay motivated and hungry – and you will always be positioned for success and to win.
Marketing is a very long road. And – so is business. At the core of our engagement is keeping our clients engaged with and motivated by – our work. We will help you endure the months of hard work that will lead to marketing and business success.
In conclusion, if you are trying to build a business or have any sort of significant community impact today, you need to work harder than everyone else – and do what everyone else is not doing. This involves strategic thinking, attention to details, and a high level of meticulousness when it comes to marketing, branding and business development.
We believe that you have the capabilities and the ability to go out and achieve anything you want to achieve. And, we are rooting for you. If you need assistance with marketing your brand or business, check out marketing resources and pages on this website related to your industry.
We look forward to learning more about your brand or business – and helping you grow with effective digital marketing, branding and advertising.
