TIPS FOR BECOMING A SUCCESSFUL ENTREPRENEUR

By David Newmark

Tips for Becoming a Successful Entrepreneur

David Newmark recently served as the chief financial officer and the chief operating officer of a New York-based national hedge fund. Over the course of his career, David Newmark has demonstrated his entrepreneurial spirit by establishing a number of small businesses.

Tips for Becoming a Successful Entrepreneur

Below are a few helpful tips for becoming a successful entrepreneur.

Be adaptable and flexible – Prior to starting a business, an entrepreneur may have developed a business plan and may also anticipate implementing it as is. However, sometimes plans can and do change. The most successful entrepreneurs are those who are able to adapt to the peaks and valleys on the road to success.

Hire the right team – No single person is good at everything. Entrepreneurs should take the time to assess their personal strengths and weaknesses, and then go out and hire individuals whose skills and experiences complement their own.

Stay healthy – Being an entrepreneur requires a lot of hard work and determination, as well as long hours. Business owners should ensure they get plenty of rest and take time out for themselves in order to avoid getting burnt out.