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Paul Herdsman Advice To Entrepreneurs

To make it as a business owner, one needs to have more than just the skills to perform a particular task. A successful business person is a mix of character and skills. Without the right business character, there is no success in business. The main reason we see many people fail in business is that they think all they need is to have skills to do a particular task. There is more to it than this. As a business owner, you will need to have the right attitude towards business, be innovative and know how to manage a business. Ability to manage and having business skills are two different things but must be part of every successful business person. Read more about Paul’s business strategies in his 12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman


To help understand what is needed to be a great business person, we will look at the advice given by Paul Herdsman, the COO of NICE Global. A Jamaican company offering business solutions. Paul Herdsman is interested in helping the business people make profits and lower their cost of running a business by applying the right business management methods. Paul Herdsman talks of the character of the business person as one of the things which have a significant impact in business. For anyone to be successful, these business tips from Paul Herdsman will be essential.


A business person must be ready to learn from mistakes. In business, no one escapes a mistake once in a while. It is part of the business, and we must be aware of that. No matter what we do, there will be hurdles which stop us from achieving our goals. Paul Herdsman says that over 50% of the small businesses which are started today fail with the first four years after execution. The chances are that if you start a business today, you will have to deal with the same issues. What differentiates between a successful person and one who fails is the ability to stand up when they fall. A business owner must stand up again and again after he or she falls.


Paul Herdsman also insists on the importance of knowing your customers well. These are the most important people in a business, and your aim to serve them in the best way possible.


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