10 Lessons Learned On When To Change Your Game by Jason Goldberg (via frank’s blog)

4 08 2011

The biggest mistake an entrepreneur can make is not listening to their customers. The whole reason you are in business in the first place is to provide them with a good or a service. Why not listen to what they have to say and find out what they want? For a business to be successful, you have to go through change. No company can stand still and finish ahead. Get to know your customers, find out what is important to them, and request feedback. Make your product something they cannot turn down.

A leader is not a leader without followers. Embrace your followers and learn from them. Be open to change because at some point it has to happen. Do it the right way the first time, rather than closing off the world and creating something that no one wants. It is an exciting journey and you have the opportunity to change the world. If something isn’t working, fix it. Find something better and come up with solutions. Don’t ignore your customers or think any problem is too small.

Every day make a list of goals for how you can move your company forward. Don’t fall into the trap of writing down the same goals every single day. Find new goals and ways to improve. Take little steps everyday to improve the company and before you know it you have built something great. It takes small steps and open ears, but with passion and persistence you can achieve these goals.

by Jason Goldberg, serial entrepreneur and CEO of Fab.com (via venturebeat)   All of the steps that lay behind our decision to transform Fab were rooted in the lessons learned over seven years in the startup world. Here, based on our experience, are the top 10 reasons to alter course. If you can’t get traction after one year, switch gears and work on something different. Particularly if you’re building a consumer e-business, you can tell pre … Read More

via frank's blog

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