1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

What do you think is the key to Success in Business?

Discussion in 'BlackHat Lounge' started by GSanders12, Aug 17, 2012.

  1. GSanders12

    GSanders12 Registered Member

    Joined:
    Jul 31, 2012
    Messages:
    84
    Likes Received:
    5
    What do you think is single handedly the most important thing to being an successful entrepreneur?
     
  2. CEPI

    CEPI Power Member

    Joined:
    May 15, 2009
    Messages:
    502
    Likes Received:
    1,922
    Occupation:
    Business Turn Around & Management Consultant
    Location:
    Cosmos
    Never, EVER, cut corners. A little time savings now will cost you massively in the future. Perhaps in ways that a business cannot recover from. That, undeniable persistence, and also my signature quote. ;)
     
  3. Cas87

    Cas87 Regular Member

    Joined:
    Mar 5, 2012
    Messages:
    286
    Likes Received:
    131
    Location:
    England
    A Great Idea..

    I think that is the most important, along with equal amounts of hard work, dedication, persistence, patience, common sense etc..
     
    • Thanks Thanks x 1
  4. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

    Joined:
    Sep 24, 2008
    Messages:
    3,816
    Likes Received:
    13,935
    Not giving up and building sustainable cashflows.
     
    • Thanks Thanks x 1
  5. Laughing-Man

    Laughing-Man Regular Member

    Joined:
    Jan 30, 2012
    Messages:
    317
    Likes Received:
    122
    Gender:
    Male
    Persistence, and experience.
     
  6. macdonjo3

    macdonjo3 Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 8, 2009
    Messages:
    5,564
    Likes Received:
    4,317
    Location:
    Toronto
    Home Page:
    If anyone says luck... :breakpc1:
     
  7. GSanders12

    GSanders12 Registered Member

    Joined:
    Jul 31, 2012
    Messages:
    84
    Likes Received:
    5
    Haha your signature is so true.
     
  8. Orbit143

    Orbit143 Senior Member

    Joined:
    Aug 8, 2010
    Messages:
    893
    Likes Received:
    588
    Location:
    /home
    Having brain and using it, thinking on your own about everything, not just blindly copying someone elses work.
     
  9. jellycoolbeans

    jellycoolbeans Newbie

    Joined:
    Aug 17, 2012
    Messages:
    2
    Likes Received:
    0
    Well..it does involve SOME luck. But it's really your hard work and dedication that puts you in the right place at the right time to get lucky.
     
  10. bertbaby

    bertbaby Elite Member

    Joined:
    Apr 15, 2009
    Messages:
    2,019
    Likes Received:
    1,496
    Occupation:
    Product marketing
    Location:
    USA
    Home Page:
    Ideas followed up with execution
     
  11. ibmethatswhoib

    ibmethatswhoib Jr. VIP Jr. VIP Premium Member

    Joined:
    Feb 17, 2011
    Messages:
    1,560
    Likes Received:
    1,156
    Occupation:
    Staying Informed
    Location:
    Bay Area, Ca
    Home Page:
    Focus and not giving up when shit his the fan.
     
  12. golface72

    golface72 Regular Member

    Joined:
    Nov 1, 2011
    Messages:
    343
    Likes Received:
    125
    Location:
    127.0.0.1
    motivation
     
  13. GreenGoblin

    GreenGoblin BANNED BANNED

    Joined:
    Jul 17, 2008
    Messages:
    1,493
    Likes Received:
    2,564
    Here's what i found over the years, developing a network for whatever niche your in meaning network with people and become a asset to them and hopefully they will become a asset to you, one thing I have found out helping others make money will eventually bring your a TON! of good fortune. I have partners who I have known on the internet for 2-5 years and we become such good friends whatever there involved in that's working and making money they always come to me and say hey dude I have something banking you want in, and the only reason they do this is because somewhere along the line when they needed me I helped them. NETWORK NETWORK NETWORK...your business and the money you earn will depend on who you know...not only that who knows YOU!
     
    • Thanks Thanks x 3
  14. GSanders12

    GSanders12 Registered Member

    Joined:
    Jul 31, 2012
    Messages:
    84
    Likes Received:
    5
    Yeah that sounds promising. Networking is king.
     
    • Thanks Thanks x 1
  15. wisterhound

    wisterhound Newbie

    Joined:
    Aug 7, 2012
    Messages:
    18
    Likes Received:
    15
    The harder you work the "luckier" you get lol.

    Seems like the most successful ones are the ones who are outworking everyone else and going the extra mile every time.
     
  16. cassandrajade

    cassandrajade Newbie

    Joined:
    Apr 8, 2009
    Messages:
    7
    Likes Received:
    1
    Perseverance. Learn from success but also from failure. Don't quit!
     
  17. Zapdos

    Zapdos Power Member

    Joined:
    Oct 22, 2011
    Messages:
    597
    Likes Received:
    708
    Location:
    Eastern North Carolina
    Success in business is great support. Even if your product sucks, good support will still appease most customers. Great product and great support, you'll surely succeed.
    Success as an (solo) entrepreneur is quality. Build it great and you'll have a long lasting product that doesn't require much support or updates.
     
  18. GSanders12

    GSanders12 Registered Member

    Joined:
    Jul 31, 2012
    Messages:
    84
    Likes Received:
    5
    What do you mean by good support though?
     
  19. farfetchedmoney

    farfetchedmoney Regular Member

    Joined:
    Oct 9, 2008
    Messages:
    457
    Likes Received:
    146
    Occupation:
    Serial slacker
    Location:
    The Mansion on the mountaintop looking down on you
    Knowing the business. The reason why most dont make it in IM is because they don't understand all the different parts to make it successful. If you aren't IT focused you may never succeed with many of the methods you read about in this room. You have to have a number of technical skills with most methods. Especially, the least saturated ones.

    What ever you do make sure you understand the business enough to succeed in it. In other words, pick the right method for YOU.
     
    Last edited: Aug 17, 2012
  20. minx2012

    minx2012 Newbie

    Joined:
    Aug 17, 2012
    Messages:
    9
    Likes Received:
    0
    Think through your idea. What is your product and why do people want it? Understand how it works and why customers will come. Understand your revenue model intimately. Test it by building a spreadsheet model which shows how your assumptions play out.

    Everything everyone said about network is really important

    Be diligent - and if you are a not "finisher" but more of an ideas person, get a partner who IS a finisher. Build a team - doing everything yourself will kill you.
     
    Last edited: Aug 18, 2012