Paul Herdsman, co-founder of NICE Global out of Montego Bay Jamaica, is an entrepreneur whose company helps business owners with strategies, customer retention and lowering their overhead costs.
As any entrepreneur knows running your own business comes with unique challenges and difficulties – thus, having business owners like Paul to refer to for advice is a great help to any entrepreneur. For his latest interview with The Bro Talk a website with diverse topics geared towards conversations that might be shared over a beer. Go Here to learn more.
For his talk, however, Paul kept the conversation strictly about success in the business industry sharing 12 great tips that any beginning or already established entrepreneur should use.
Among the strategies listed were to 1. Maintain a positive attitude. Paul believes a positive mental attitude can create better problem solvers, give increased energy and lastly assist with resilience. Paul ultimately believes summing up this point, that having gratitude for what you have will help to release any negativity. 2. Take Risks. Paul believes that in order to be successful, entrepreneurs need to be willing to fail. Without taking that first step they’ll never know if their idea will be a success. He believes that assessing the risk you’re taking and gathering as much information as possible will be the difference between a good risk and a bad one. 3. Do Work You Care About. Knowing the time and dedication it takes to run a successful company Paul believes entrepreneurs should ask themselves before jumping into a venture what is it that they care about and what are they passionate about.
Originally from Baca Raton, Florida, Paul Herdsman is a global businessman who has experience and advice that could reach many people and impact their work and productivity as well. For tip number 4. Have A Vision, Paul believes that it’s an important element of any business venture to have a clear path. What will your business look like in the next ten or fifteen years? He also adds having a vision will help in the times when the day-to-day becomes slightly overwhelming, what is the long-term vision and goal that got you started in the first place? For point 5. Build The Right Team, Paul focuses on the importance of building alongside people who share your values as well as people with a diverse set of skills. A wide array of skills will help galvanize your team’s efforts.
In step 6. No Shortcuts, Paul lists that although some groups find overnight success the key to longevity means groups need to put in the work. Successful entrepreneurs need to have the skills of finance, management, marketing, and sales. These skills don’t come easy but being multifaceted and a hard worker will pay off. Step 7. Learn from your mistakes lists the importance of resilience and seeing each failure as an opportunity to learn. Paul lists the fact that about 50% of businesses fail within four years. Paul believes that the successful companies are the ones who will fail but acknowledge, learn and adapt for the future.
Step 8. Know Your Customers adds the need for entrepreneurs to know who they are marketing to and for. He believes companies should listen to and understand their customers for more efficient service and success. Step 9. Deliver Above And Beyond asks companies to go the extra mile for their consumers. What will make you stand out and give you success above the other people in your field? Being the hardest worker and making consistent effort to do your best for your customers will give you the advantage over people who won’t go as far or work as hard. Step 10. Be Persistent. In this tip Paul Herdsman believes that having the stamina and persistence to see things through will be the differentiating factor between those who do and those who dream about doing. He also adds that people shouldn’t be discouraged if their dreams take longer to happen than anticipated, like step 9 said, it’s about doing your best and going above and beyond regardless of the time it takes.
Step 11. Find A Mentor shares the importance of finding people to look up to and learn from. Paul suggests finding someone who is trustworthy, respected and a great listener. He also suggests finding someone who is in the business field that you’re in. They might be surprisingly more interested in helping that you anticipated. For his last tip, Paul Herdsman shares Step 12. Learn to say “no”. Paul suggests that out of the 24 hours in a day spend those hours doing things that will elevate and support the core of your business.
Learn more about Paul’s business strategies in his 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman
As noted, these tips will be beneficial to any up and coming business owner. Paul who has found success on his own terms and within his own industries can be found via the NICE Global website here (https://nice.com.jm/)