There is a
fine line exists between good entrepreneurship and good con skills.
It goes
without saying that entrepreneurs have a magic way of building something out of
nothing.
Sadly the
various character traits that should exist in the nature of a great
entrepreneur if not given a proper care also can raise red flags with those
that matter most: partners, investors, workers and most significantly,
customers.
This is what
we have learnt by looking at the Leonardo Di Caprio's portrayal of scam-artist
broker Jordan Belfort in "The Wolf of Wall Street. Even when he was
completely efficient in building his empire, he crossed several lines that
catapulted him into the con class -- taking several others down with him.
Even without
knowing you may sometimes end up participating in behaviors that will
negatively impact business, to not mention the people behind it.
So how can
you avoid being a wolf in a businessmen's attire?
I asked an
array of outstanding professionals from Best SEO Companies in Ajman
about their insight on being a morally justified entrepreneur. Here their list
of do’s and don’ts for staying on the “great entrepreneur” facet of the road.
Don’t be
devious.
Always look
folks within the eye after you answer, don’t be ‘shifty’. Being honest and easy
with communications is another important point here. For us, it’s some way of
operation that builds trust.
Do be
sympathetic.
Lack of
sympathy has recently been on cringe-worthy show among young school CEOs and
programmers. It is a deadly flaw for founders who need to make merchandise that
individuals truly purchase. If you cannot sympathize with users and their
issues, then others can -- to their success and your failure.
Do take the
blame 1st and therefore the credit last.
Projecting
blame on others or on external factors like markets or ‘luck’, and claiming
most of the credit and therefore the rewards [equity] that go with it, may be
fatal. Great entrepreneurs settle for the bulk of the blame 1st, take the
credit last, and ensure their team participates within the success and its
rewards.
Don’t have
arms longer than your pocket’s depth.
Taking a
monetary risk and cash from people even if you are unsure that you'll deliver
on a promise could be a temptation for entrepreneurs throughout early-stage
growth.
But instead
of practicing this, create a habit to not over promise. Instead, select to line
up realistic expectations direct regarding services you can really deliver.
As a
businessman, generally, your arms may be longer than your pockets are and the
prospect of cashing in may be tempting. But take care to not risk your name for
a small score. It simply could price you a lot of within the finish.
Do dream
massive.
At some
purpose, your vision needs to be met with reality. A current trip to
no-progress-land erodes trust each internally and outwardly. Your workers can
bail or your customers can jump ship. But the unhealthy habit of forever
sugar-coating unhealthy news will cause the extremes of canopy ups and outright
lies.
In the end,
professionals from the Best SEO Companies in Ajman sums it up nicely,
“Sell your vision. Dream as big as possible. However do not lie."
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