What is Digg?Sponsored by AVG
Windows 7 Needs An Extra Layer of Security view!
free.avg.com - AVG Anti-Virus Free 9.0 works with Windows 7, to provide the best protection against web threats.
30 Comments
- alanocu, on 11/02/2009, -0/+22Good ideas here. And #1, finding your passion, the most important IMO. The rest will fall into place nicely. Loving what you do will give you the best odds at succeeding. The other thing I've learned as a small business owner is to embrace and learn from your failures in the beginning. Ask questions. Be honest with your customers - always. If a client or customer asks you a question that you can't answer, never be afraid to say "I can't answer that question, but I will find the answer." Don't *****. Don't be pretentious. Be upfront. Your customers will admire that. Build relationships. All of this is a piece of cake though if you accomplished point #1.
- doctorgrim, on 11/02/2009, -1/+11Very good advice that all budding entrepreneurs should listen to and take to heart. dugg
- gvoakes, on 11/02/2009, -1/+9Gary V is the man!
- rizzo2008, on 11/02/2009, -0/+6Well said, people admire honesty and any business should bring mutual benefit on both ends.
- MacBookForMe, on 11/02/2009, -2/+7..and never, never, never give up...(W.C.)
- abraxsis, on 11/03/2009, -0/+4While Im happy he is successful, he has to be one of the most annoying people ever. The episode of Diggnation with him on was horrible, I kept yelling at the TV "God, would someone shut that gas bag up!" But you have to give a little respect to a man who makes himself famous by chewing grass and licking rocks on national television.
- fajitamelt, on 11/03/2009, -0/+4Yes, but did that ***** give you happiness?
- swantamer, on 11/03/2009, -2/+5God what an *****, he really must appeal to the same dimwits who use to follow Tony Robins (remember that gas bag?). I have a very successful business that has done well through the entire crash. It was a good idea and I financed it with my life savings and a bunch of credit cards. It's not about passion at all, you can be as passionate as you want but to have long term success it HAS to be a good idea that addressed a market that is ready to spend money--end of story. Forget the passion, cold analytics, good market research and sufficient capital are the real recipe.
- BossKey, on 11/03/2009, -0/+2That explains why Pedobear is all over it
- BossKey, on 11/03/2009, -0/+2An LLC makes sense for one person. It insulates your personal assets from business liabilities such a large lawsuit, by keeping your business finances separate from your personal.
- appleseed1234, on 11/03/2009, -0/+2BRUCIE BABY!!!
- Groovydoo, on 11/03/2009, -0/+2Italian saying: He who has a partner has a boss!
- diggnutty, on 11/03/2009, -0/+2i've never met a vayner chuk than gary vaynerchuk
- mtcool1988, on 11/03/2009, -0/+1The internet is only 14 years old?....
- edhardyharhar, on 11/03/2009, -0/+1Don't forget that HIS MOMMY and DADDY helped him financially before he became "successful". It's easy for people to "make it" when they don't have to worry if they're one paycheck away from living on the streets.
It's easy to focus on your passion when you don't have to worry about starving and paying the rent.
I'm more impressed when someone is really going from rags to riches. This guy only "made it" because he had help from his parents' previous success. - Daniel591992, on 11/03/2009, -1/+2Be very, very hyper!
- GordonV, on 11/02/2009, -5/+6If someone suggests a partnership: say no! Partnerships are about 1 person looking for the other person do to all the work.
Don't start an LLC unless you have a good reason to. That good reason should be 15 people or $200,000.
Craigslist. Newspapers and other print ads are a waste of time and money.
Read the book "The Richest Man in Babylon." (140 pages, $6)
Only trust yourself. No one else will ever do the job to your specification or demand. - BossKey, on 11/03/2009, -0/+1But today, he's in Woman's Day magazine!
(I keed...Gary rules) - Jaydo, on 11/03/2009, -0/+1The only thing he inherited from his parents was a wine store in the middle of ***** Jersey.
Let's see you turn that into what it is now. - Bean888, on 11/03/2009, -0/+1Sooooo, poor people are 'obsessed losers with no lives' while rich people are 'passionate' (paraphrased from Speed: 'Poor people are crazy, Jack. I'm eccentric).
- GordonV, on 11/04/2009, -0/+1@rrwest:
Interesting point. Does that make it ok to blame someone else if your service or presentation fails?
I tend to double check anything that is done by someone else, but I do agree that some things you can just let whoever do whatever. =)
@BossKey:
I don't know how it is set up elsewhere, but in New Jersey, One must report quarterly on earnings and must pay $500 a year as a registered LLC. Along with filing a secondary set of taxes. You do get an EID (the equivilent of a social security number for Business.) People can sue that entity (The EID identified business) rather then you. If your in a business where people tend to sue you, Yes, go LLC. - yocouchdigga, on 11/02/2009, -1/+1I like that Gary has very nearly come out and said "some people have it, some people don't", I find his brand and honesty refreshing.
- rrwest, on 11/06/2009, -0/+0I'm glad they used the abbreviation "EID" instead of "IED" for the numbers...
By trusting your staff, I am saying that since you hired them to do work that you can't do, for whatever reasons, then you should let them do the work with the implicit realization that they will do their best to comply. Micromanaging them will have the effect of interfering with their jobs.
And you can't blame your workers if something fails, since that lowers morale. Blame does nobody any good, since the actual problems never get solved and bad feelings will only make things worse.
Focus on the problem at hand, not the personality and in many cases, things will probably work out. In those cases where it doesn't work, then I would suspect that there is a conflict of personalities involved which may need other solutions. - thegrantman, on 11/03/2009, -1/+1Good advice. I built my business doing exactly that.
Take care of your business and it will take care of you. - rrwest, on 11/03/2009, -0/+0And don't forget to take care of the people who work for you.
Shareholders don't have to face angry customers or take flak from suppliers, your people do.
They take care of the bread and butter who are your customers.
When that happens, the customers then take care of you.
Are you listening, corporate world? - rrwest, on 11/03/2009, -0/+0So why did you start your business if not because you had passion that you could do it?
"Cold analytics" did not bring the Apple computer to market, the two Steves did out of a garage.
"Good market research" was not involved in making Trivial Pursuit the success it was in the early 1980s; the love of trivia among millions of buyers did.
"Sufficient capital" did not start Google, Facebook, MySpace, PayPal or Digg. It was the need for something new and they were built through enthusiastic coders who probably never knew how big their ventures would become.
These are the exceptions to the rule, but illustrate that not everything is about the "bottom line", which is what you are implying.
Were it not for the enthusiasm people have for life and what they can offer others, the world would be in a much sorrier state. - rrwest, on 11/03/2009, -0/+0One more way to succeed is to provide what people want by doing something different, and learning how to do it better.
- rrwest, on 11/03/2009, -0/+0Trust yourself and also the people you hire.
If you can't trust your judgment in hiring people, you can't really trust yourself, can you? - rrwest, on 11/03/2009, -0/+0His Holiness the XIV Dalai Lama said exactly the same thing.
- luigi821, on 11/03/2009, -2/+1what a chode
© Digg Inc. 2009
— Content created and posted by Digg users is