25

LESSONS LEARNED from

TOP ENTREPRENEURS

Starting and running a business can

be one of lifes greatest challenges.
Learn from those who have done it
and have done it well.
Here are 25 tips, stories and methodologies from
some of the most successful entrepreneurs of our time.

LESSONS
FROM
ENTREPRENEURS

LESSONS FROM ENTREPRENEURS

1/25

Mark Cuban

ENTREPRENEUR / OWNER OF DALLAS MAVERICKS

Limitations to growth
are self-imposed.

LESSONS FROM ENTREPRENEURS

2/25

Kevin OLeary
ENTREPRENEUR / SHARK TANK

Do everything in your power

to support your goals.

LESSONS FROM ENTREPRENEURS

3/25

Philip Krim
CASPER

Trust your opinion and instincts.

LESSONS FROM ENTREPRENEURS

4/25

Steve Jobs
APPLE

Endure failure. Steve dropped out of college, was fired

from Apple but both times led him to find creativity
and led to his success.

LESSONS FROM ENTREPRENEURS

5/25

Rand Fishkin
MOZ

You cannot surround yourself with yes men _

disagreement and conflict are good
for business.

LESSONS FROM ENTREPRENEURS

6/25

Neil Patel
KISSMETRICS / CRAZYEGG

Make your solution simple.

LESSONS FROM ENTREPRENEURS

7/25

Jon Taffer
BARRESCUE TV HOST

Look and see. Dont just look at the

overall business, see every little detail
of a business.

LESSONS FROM ENTREPRENEURS

8/25

Chip Wilson
LULULEMON

Ask for help, you dont know it all.

Trust others and share control.

LESSONS FROM ENTREPRENEURS

9/25

Tim Ferriss
ENTREPRENEUR

You are the average of the

five people you associate with the most.

LESSONS FROM ENTREPRENEURS

10/25

Ron Shaich
PANERA BREAD

What it is all about is figuring out what

you can do for somebody that nobody
else can do better.

LESSONS FROM ENTREPRENEURS

11/25

Eric Lefkofsky
GROUPON

Accept failure
as part of your journey.

LESSONS FROM ENTREPRENEURS

12/25
2/25

Dan Gilbert
QUICKEN LOANS

There are many ways to get to success.

Dan created an environment where
his employees listen to customers.

LESSONS FROM ENTREPRENEURS

13/25

Thornsten Heins
BLACKBERRY

Think ahead, we think forward,

sometimes think the unthinkable.

LESSONS FROM ENTREPRENEURS

14/25

Dean Kamen
ENTREPRENEUR

Resist doing what youre told! Challenge the status quo.

Dean refused to show his math calculations to his
teachers because he didnt see the point.

LESSONS FROM ENTREPRENEURS

15/25

Elon Musk
TESLA

Starting a company is like

eating glass and staring into an abyss
if you want that, then go for it.

QUOTES
FROM
ENTREPRENEURS

Q U OT E S F R O M E N T R E P R E N E U R S
16/25

Richard Branson
VIRGIN GROUP

My biggest motivation? Just to keep

challenging myself. I see life almost like one
long University education that I never had
everyday Im learning something new.

Q U OT E S F R O M E N T R E P R E N E U R S
17/25

Reid Hoffman
LINKEDIN

The fastest way to change

yourself is to hang out with people
who are already the way
you want to be.

Q U OT E S F R O M E N T R E P R E N E U R S
18/25

Sara Blakely
SPANX

Embrace what you dont know, especially in the

beginning, because what you dont know can
become your greatest asset. It ensures that you
will absolutely be doing things different
from everybody else.

Q U OT E S F R O M E N T R E P R E N E U R S
19/25

Dave Thomas
WENDYS

What do you need to start a business?

Three simple things: know your product better than
anyone, know your customer, and have a burning
desire to succeed.

Q U OT E S F R O M E N T R E P R E N E U R S
20/25

Ben Silbermann
PINTEREST

Dont take too much advice. Most people who have a lot
of advice to give with a few exceptions generalize
whatever they did. Dont over-analyze everything.
I myself have been guilty of over-thinking problems.
Just build things and find out if they work.

Q U OT E S F R O M E N T R E P R E N E U R S
21/25

Niklas Zennstrom
SKYPE

If you want to be an entrepreneur, its not a job, its a lifestyle.

It defines you. Forget about vacations, about going home
at 6pm last thing at night youll send emails, first thing in the
morning youll read emails, and youll wake up in the middle
of the night. But its hugely rewarding as youre fulfilling
something for yourself.

HOW THEY
GOT STARTED

H OW T H E Y G OT STA RT E D
22/25

Pierre Omidyar
EBAY

Pierre started selling some stuff from his

personal website, but traffic got to be too
much and he started eBay.

H OW T H E Y G OT STA RT E D
23/25

Matt Maloney/Mike Evans

GRUBHUB

They worked in Chicago as software developers, they got

tired of calling different restaurants in search for takeout
food for dinner and thats when they thought of GrubHub,
which is valued at more than $3B.

H OW T H E Y G OT STA RT E D
24/25

Joe Coulombe
TRADER JOES

Joe operated a small convenience store only to realize

that college grads may want better options. So, he
stocked his stores with good wine and booze and gave
it a tropical theme. Eventually he added in health foods
and thats how Trader Joes got started.

H OW T H E Y G OT STA RT E D
25/25

Steve Jobs/Steve Wozniak

APPLE

They started out working on the night

shift for the game software, Atari, and
gained significant exposure to the
computer world together.

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SOURCES:
http://www.entrepreneur.com/article/249318
http://www.huffingtonpost.com/brian-honigman/35-tech-entrepreneurs-failure_b_5529254.html
http://www.inc.com/jenna-goudreau/15-successful-entrepreneurs-share-the-best-advice-they-ever-got.html
http://www.businessinsider.com/best-lessons-entrepreneurs-learned-in-their-20s-2015-1
http://www.fastcompany.com/3048755/lessons-learned/6-traits-successful-entrepreneurs-all-share
https://www.kabbage.com/blog/100-quotes-from-successful-entrepreneurs
http://www.entrepreneur.com/article/243099