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Have You Ever Left a High-Paying Job To Pursue Entrepreneurship?

Sunkanmi Vaughan — Wed, 04 Dec 2019 22:19:44 +0000

Yes, I left a US$500k+ job in London.

It was the toughest decision I’ve made in my life. And it wasn’t easy sticking with it as I could have easily done a u-turn and gone back into investment banking.

Did I have regrets? Yes, often.

Was it easy ? No, not at all. Getting my feet on the ground without any guidance was damn tough – there were many times I felt totally incompetent.

*Do I have regrets?* No, because investment banking would have destroyed my soul, I’ve made more money in business than I would have in IB, and I love what I’m doing.

And, most importantly, I don’t live with the regret of never having tried.

Asim Qureshi, Former Vice President at Morgan Stanley (originally published on Quora.com)

Want Your Business To Grow? Follow These Three Steps (2)

Sunkanmi Vaughan — Thu, 12 Sep 2019 02:18:11 +0000

CLICK HERE IF YOU MISSED PART 1

Improve Customer Service : If you don’t provide quality customer service, it will be difficult to satisfy your customers even if you have a superior product or service.

This aspect of the business is about taking the extra step to make your customers feel special and valued. If they have problems, make sure you address them right away. If they have questions, take time to answer them. They should not feel like things are difficult for them if they raise certain issues.

Social media is a great way to understand your customers by listening to them and reading their comments . If they find the customer service satisfactory, they might even recommend your products or service to others.

Don’t Hesitate to Get Loans: I know this is a bit tricky and I have counselled against rushing into loans.If you are starting out as an entrepreneur, you need money to help fund it. The same thing is true for those who have been in business for a while and have decided to take things to another level.

If you need small business loans to make your plans happen, get them. Make sure you partner with the right lender and the conditions of repayment are clear to you.

WHAT YOU MUST KNOW BEFORE TAKING ANY LOAN

Want Your Business To Grow? Follow These Three Steps(1).

Sunkanmi Vaughan — Mon, 09 Sep 2019 02:27:45 +0000

If you struggle to grow your sales , there is light at the end of the tunnel. Sure, it could appear daunting but the alternative is not a return to your past life of 9-to-5 job. Surely not.

Take a time out to clear your mind and look at every of your business tasks in another perspective, you may be able to find out why you’re experiencing poor sales.

1.Research the competition:

You may have been paying little or no attention to your competitors, and it’s time you find out what your competitors are offering the customers in your business sector.

Visit their websites and click on their ads with the aim of understanding what they’re doing differently so you can improve on it and adopt in your business as well.

These simple tasks allow you to uncover any advertiser’s online strategy including those of your competitors. Find their most effective ads, posts with the highest clicks,views or responses, read the comments and get in touch with those customers whose complaints are left unaddressed.

Whatever your competitors did to gain edge over you has proven to work; if it worked for them,it’s likely to work for you too,so try it out,especially,after improving on it.