Tips for Entrepreneurs from John D. Rockefeller
Here are 5 great tips for Entrepreneurs and from John D. Rockefeller, himself:
Good leadership consists of showing average people how to do the work of superior people.
This quote is about management and what great leaders do. It’s about seeing and believing in people’s potential and abilities to do the superior things, and bringing that out of them. This is one of Rockefeller’s great tips for entrepreneurs.
A friendship founded on business is better than a business founded on friendship.
Building a team may be challenging when you are starting out in a new business. Many businesses fail by hiring the wrong people, and this sometimes include friends and family members. This quote is a very important tip for entrepreneurs. It points out the better form of friendship for business, is to create and find camaraderie or support via business. With the same business goals and passion being shared, sometimes your employees or teammates can eventually become the best of friends.
If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.
Success often requires the courage to do the things in ways that no one has ever done before. What makes an entrepreneur unique and successful is this courage and boldness in trying things out that have never been done before. So, have no fear, try and pursue the new path!
Don’t be afraid to give up the good to go for the great.
When you’re running your businesses, you will be faced with making many decisions. Sometimes this could mean giving up something good. But as Rockefeller says in this tip for entrepreneurs, if you’re pursuing great, you sometimes have to give up the good. So, re-think your priorities, and go 120% at it.
I always tried to turn every disaster into an opportunity.
Successful entrepreneurs and leaders are often very optimistic and opportunistic. Even when the situation looks disastrous, this quote reminds every leader and entrepreneur to have the mind-set to capture the positive and turn it into an opportunity, and that this is what sets people up for success.
We hope you enjoyed these quotes from John D. Rockefeller, please share below any tips for entrepreneurs you may have.