10 secrets for success from known millionaires

by Alex Chris on December 10, 2012 · 0 comments

Successful entrepreneurs are not born but they are made! Many employees or executives are living with the dream of promotion or a productive season. The following tips are great life lessons from entrepreneurs who know what it takes to be successful.

Meetings are a waste of time!

If you are not going to close a deal, meetings are just a waste of time for any member or employee of a company. According to Mark Cuban, owner of Dallas Mavericks (NBA) and CEO of HDNet: “There are so many ways to communicate today, which makes meetings a time consuming process, unless it is for a truly important decision. “

Smaller groups are more productive

The interactions between employees must be continuous and not be confined within a two hour meeting once a week. Caterina Fake, co-founder of Flickr, advises new entrepreneurs to build offices with “open” areas, to enable employees to communicate better. She argues: “… so the meetings will be daily and large companies will automatically split into smaller groups and be more productive.”

Be productive even when outside the office

You may need to solve a problem whose solution is within a magazine or a video. It is reasonable to relax during the weekend, but do not forget that you can read books for new ideas or watch educational videos until late at night. Millionaire Seth Priebatsch, CEO of SCVNGR says: “When you start a business you have a choice between great social life and productive work. I chose the latter! “.

Exercise daily to reduce work stress!

Exercise during the day can reduce work stress, improve your health and solve many professional and personal problems. Mike Cassidy, co-founder of Xfire and CEO of Ruba, said: “Apart from two days per year, I work every day. I exercise at noon in the office and then eat. This fills me with energy and desire for productivity. “

Stay organized through daily reminders!

Reminders can help you organize your work better. Danny Meyer, CEO of Union Square Hospitality, which owns 13 restaurants in New York, says that daily reminders lead to better performance. Specifically, he suggests creating a daily reminder that includes: Schedule for the next day, issues which need to inform company executives and end-term reminders. “I care about the details, and that way you do not have to worry about anything,” he says.

Always answer your professional phone

Communication is the “key” for any business with a future. According to Jordan Zimmerman, founder of the advertising group Zimmerman, who has 22 offices and turnover of more than 2.6 billion U.S. dollars, suggests that telephone conversations will lead you to not miss the immediacy, as through an email. “I call the CEO or President of my main clients every day. I carry my cell phone everywhere and always, since our main deal is … To answer calls, and vice versa, “continues Jordan Zimmerman.

Avoid doing many things at once

When you think or do many things together, you are not giving a chance to your brain to perform at its fullest! You can walk and chew gum at the same time, but for real work you need thought … which requires twice the power of your brain. Douglas Merrill, former CIO of Google, says “When we do one thing at a time we give our brains comfort, not only to operate more efficiently, but also to remember more details.

Get in touch with your employees!

The best way to create a successful company is to pay attention to its employees. When all employees feel that they have your attention, they work with more zeal. Kevin P. Ryan’s, founder of DoubleClick, an advertising company that won the title “Company of the Year in New York,” advises: “I always carry a small notebook with 35 or 40 names of the company and each week I confirm that I came in contact with everyone.”

Use email efficiently

As stated by Karl Hoagland, founder of Larkspur Hotels and Restaurants with revenues $ 20 million a year: “When I’m on a trip or at a social obligation, email is a convenient way to communicate with colleagues or my family. So I do not have to rely on a possibly quick conversation. Email is a quick solution especially for the very “loaded” days.”

Consider your productivity at the end of the day

Evaluate how productive you were at the end of the day. This is one way, according to Bob Compton, CEO of Vontoo, to understand the drawbacks of the company and to improve in future. “Put three priorities or goals for the month and monitor their progress!”, he continues.

10 secrets for success from known millionaires by

Alex Chris
About the author

Alex is editor-in-chief of manageyourlifenow.com. You can connect with him on Facebook, Twitter and Google+. You can also contact Alex for any comments or suggestions about the web site.

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