Published on: 14 May 2019
Last Updated on: 13 September 2024
For many young people joining the corporate world, it is a daunting place to be. Growing up you were probably a big fish in a small pond, and in many ways, it was a pond that saw you rise to the top based on age more than anything else. A senior at high school or a post-grad at university are the top of the food chain, but when you enter the real world of corporates and career ladders, advancement is suddenly dependent on a whole lot more factors. And if you are coming in at the bottom of the pyramid do you really have the fight for the mail room to board room type rags-to-riches story. If you do, here are some tips to help you make the upwards move.
How to Work your way from the Bottom to the top of the Corporate Hierarchy:
Keep learning:
Don’t think for a minute that you can leave school or university and stop learning. If that is your attitude, then you will never go anywhere. Whatever qualifications you have, you can always get more. If, for example, you have a basic engineering qualification then build on it. Enroll part-time to do your certificate 4 in engineering or look to complete a diploma that plays to your strength or fill a place where you have a knowledge gap. And when it comes to learning don’t think narrowly, think broadly. You might be an engineer but that doesn’t mean you cannot do a course or degree in law or finance or flower arranging for that matter.
Work hard:
Always aim to get to work before your boss and, wherever possible, try to leave once he or she has gone. And don’t just fill time at the office doing nothing, always be productive. Look for work. If all your assigned tasks are done find something else to do. Ask colleagues if you can help. Tidy your work space. Hustle for sales leads. Whatever it is, be productive and work hard. It will get noticed.
Be patient:
It is great to be driven by ambition and the desire to make it to the top but recognizes that it is a marathon and not a sprint. If you tackle it like a sprint you will cut corners and do things that you regret in later years. You want to make it to the top by being honorable and doing it the right way. With the marathon perspective, it is easier to adopt the hungry but steady philosophy. People will respect that.
Get involved:
Nobody likes a loner so work hard to be a team player and to get involved in all areas of the company. Be part of the pub quiz team, play on the netball team, attend events, participate in group discussions. If you are interested and engaged, you will be noticed and appreciated. It is a far cry from sucking up to management, you don’t need to do that, it is simply an opportunity to build relationships at all levels and to showcase your skills, talents, and personality.
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Most of us are accustomed to the term entrepreneur. But in case you do not know what is a serial entrepreneur is, let me define a serial entrepreneur for you. A serial entrepreneur is someone who has more than one business in their bucket. They start one business, and then if they fail, they start another one. Or, in some cases, they sell the existing business in a great deal and start another one.
What Are The Characteristics Of A Serial Entrepreneur
Inc. Magazine says a strong sense of optimism and a high impact threshold characterizes successful entrepreneurs. These qualities are necessary due to the high risks that they take and the long hours of launching a small company when success seems to be a mirage in the desert. They also show strong self-reliance and a desire to stay innovative. They understand that money is not everything.
Entrepreneurs do not always have a guarantee of success when they open a chain of different businesses. Sometimes, just one business takes all of the focus of an entrepreneur.
Top 10 Best Serial Entrepreneur Of All Time
Here are the top 10 entrepreneurs of all time. Who never fails to amaze us with their new innovative business ideas. Here are the serial entrepreneur examples.
1. Anthony Mongeluzo
At the age of 21, Anthony Mongeluzo started his first professional company from his parent’s house and took a step towards being a serial entrepreneur. And that is Pro Computer Services. He also had other companies when he was a teenager.
He is also the CEO and President of an information technology firm in Marlton, N.J. After some time, PCS has gained regional as well as national recognition as one of the fastest-growing companies. With an annual revenue of $25 and 25 employees, PCS has offices in four states.
Companies:
PilotLight studios
Pro Computer Services
Dynamic Telecom Solutions
2. James Currier
At the age of 6, James Currier started his entrepreneurial career as a worm seller, and now she is one of the best serial entrepreneurs. When he was in the 8th grade, he opened a store in his school cafeteria. By the time he graduated from Princeton University, he already had 18 little ventures in his bucket. Jiff Inc., which is well known for making HIPAA-compliant mobile software for the medical industry, is led by James Currier. He is not only the lead investor here but also the Executive Chairperson.
He has also founded Palo Alto-based Ooga Labs. It helps to develop e-commerce and mobile startups along with medical software.
Companies:
Tickle
Ooga Labs
Jiff Inc
3. Ellen Thompson
Ellen Thompson has experience in starting and selling companies for more than 20 years. In 1993, Thompson founded a skill-testing firm named Know It All. In 2000, Kenexa Corp. had bought more than 300,000 shares. After she founded another company named 4 Walls, she is now the CEO of the company.
This company is based near Philadelphia and helps apartment owners get customers via search engine marketing and social media. The list of serial entrepreneurs will be incomplete without this name.
Companies:
4 Walls.
Know It All.
4. Rod Drury
This New Zealand serial entrepreneur has had a fascination with computer technology since his teenage years, and he has transformed this fascination into his career. He helped found the software company Glazier Systems. In 1999, it was sold for around $7 million. He was also the founder of AfterMail, which is an email intelligence concern.
In 2006, the QSFT, or Quest Software, acquired AfterMail for $15 million. At present, Drury is the director of the New Zealand Stock Exchange, the director and founder of Pacific Fibre, and lastly, the Chief Executive Officer of an online accounting portal, Xero.
Companies:
Pacific Fibre.
AfterMail.
Glazier Systems.
5. Janet Kraus
Janet Kraus is the senior lecturer at the Harvard Business School and has already started and sold 2 businesses. She is the co-founder of the concierge service company Circles. With her hard work, she developed the company with a revenue of $50 million. In 2007, she sold Circles to Sodexo. Just after that, she started leading Spire. This is a high-end social media business that is related to travel.
In 2010, it was sold to Perfect Escapes. He is another serial entrepreneur who finds it fascinating to start new ventures.
Companies:
Spire.
Circles.
6. Josh Kopelman
The managing director of First Round Capital, Josh Kopelman, is very fond of forming and investing in Internet companies. It has already been around two decades since he is doing this. In 1992, the Infonautics Corporation came to the public in 1996.
At that time, he was attending the Wharton School at the University of Pennsylvania. Three years later, in 1999, he started Half.com, which is an online store for used music and books. But just after one year, it was acquired by eBay. He has also invested in several startups, like mint.com and StumbleUpon.
Companies:
TurnTide.
Half.com.
Infonautics.
7. Harpal Sandhu
Harpal Sandhu is the Chief Executive Officer and President of Integral Development Corporation. It is a Sunnyvale, California-based company owned by this serial entrepreneur. It was 1993 when he was the co-founder of this company. This organization claims to be the only multi-sided trading network that works for foreign exchanges.
Earlier, Sandhu was the president and founder of Infinity Financial Technology. In 1998, the software company SunGard Data Systems acquired Infinity Financial Technology.
Companies:
Integral Development Corporation
Infinity Financial technology
8. Gerard Ferro
It has already been more than two decades since Gerard Ferro has been setting up and running technology and health businesses. He is also the co-founder and CEO of a prescription discount business, Free For All, which is based in Marlton. Gerer Ferro also cofounded a pharmacy benefits management concern, SUNRx. He was also the chairperson and CEO of the organization.
Under his leadership, this company was able to gather a revenue of $49 million in its first five years. During the late 1980s, he was also the co-founder and CEO of Simacre.
Companies:
SUNRx.
Simcare.
Free For All.
9. Oprah Winfrey
Oprah Winfrey is another shining star in the sky of serial entrepreneurs. When she was in high school, he started his career in the broadcasting industry. The media empire and her group of businesses across magazine publishing, radio, and television have made her a billionaire.
As per Forbes, her estimated net worth was $2.8 billion in 2018, and she is the wealthiest woman in show business. In 2011, she launched OWN or Oprah Winfrey Network. The official website of OWN claims that 70% of homes in the United States have OWN.
Companies:
Oprah Winfrey Network.
Harpo Productions.
10. Richard Branson
In 1970, when Sir Richard Branson was around 20 years old, he started a mail-order record business. After that, it was time for a record shop in London. Within a couple of years, he built a studio, where “Tubular Bells,” an instrumental by Mike Oldfield.
His Virgin Group now has around 200 companies in more than 30 different countries. Branson is also famous for promoting various social causes using celebrity power and his wealth. Being a prolific blogger, he also has written a book, which is published with the name “Screw Business as Usual.”
Companies:
Virgin group.
11. Elon Musk
Any list of entrepreneurs is incomplete without Elon Musk. He is the billionaire mind behind Tesla CEO and the richest person alive as of 2023. Musk’s first try at business was a small start-up called Zip2. It was a searchable business directory, which is an online equivalent of Yellow Pages. Four years after the establishment of Zip2 in 1995, it was sold to Compaq Computers for $307 million.
Later, it was integrated into the AltaVista search engine. After the sale of Zip2, Musk moved on to build another company, x.com, which is an online payments app that was later known as PayPal. The company was sold to eBay for $1.5 billion. Highly by the success he invested in and founded SpaceX, Tesla Motors, and The Boring Company. In 2022, he bought the social media company Twitter and renamed it X.
Companies:
Virgin Group
Conclusion
They are those entrepreneurs who have never failed to come up with new ideas in case one fails or is acquired by others. They have a bucket full of new and innovative ideas to lead and build a successful career path. They are inspirations for this generation’s entrepreneurs who are willing to make their own identity.
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When it comes to running your own business, it is vital to do all that you can to succeed. With 20% of small businesses failing in their first year, it is clear just how key it is to pay attention to all aspects of your operation. Doing this will make sure that you are one of the US businesses that not only make it past this first 12 months but also thrive. Of course, there are lots of ways to do this, and you should look into them all as a responsible business owner.
One key area to focus on is your business finances and doing all that you can to keep them in good order. Most businesses will have to spend money on making purchases at some point, and this is something that you should think about carefully.
How to make awesome business purchases :
By paying attention to the money that you spend on business purchases and how it is spent, you will give your business a great foundation to build on. Here are some fabulous ways to make the best business buys:
Only buy what you need – for many businesses, the temptation to spend more than they need to is ever present. This could mean that you spend too much on buying items for your business, which eats into your bottom line. Before you buy anything for your business, it is important to make sure that you really need it and that it will add value to what you offer.
Shop around for the best deals – you should always shop around to get the very best deals. All the little savings that you make over the year from doing this will soon add up to big savings come year end.
Use reputable suppliers – it is essential when making business purchases that you only use top-class and reputable suppliers. The equipment that you buy will have a direct impact on your organization, so it needs to work as intended.
Go green – within business now, the real hot topic is meeting your environmental responsibilities. This is something to bear in mind when making the business purchase so that you only shop with suppliers who care about this. By doing this, you will be using products that are kinder to the environment and you will be a greener business.
What about purchasing with overseas suppliers?
Of course, you may need to deal with overseas suppliers when purchasing goods for your business. When doing this, remember to be extra careful about checking their credentials and only using a reputable company. In addition, you will need to think about how to make the payment if they use a different currency in their country. Online money transfer companies are a very easy and secure way to make this type of payment as a business.
Make business purchases the smart way :
Buying goods or equipment for your company is a critical task in any business. By taking steps to do it right and only spend what is necessary, you will be protecting your cash flow and capital. This will stand you in good stead as you grow and move into the future.
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Salesforce is one of the leading tools for custom retention by streamlining how your organization conducts its business. It allows you access to centralized customer data and enables personalized communications. You can also use it for tracking customer interactions and reviving inactive clients.
To effectively use the various functionalities, salesforce employs multiple tools within the software. It can take you some time to master and deploy all these functions effectively. That would mean a waste of resources and losing revenue for the business.
4 User Tips To Getting Started With SalesForce
For every organization and the company to apply the sales force, they are going to need some special skills as the goal is different along with the products. But the fundamental strategy of salesforce is remaining the same. In 2021 many new Ai-based techniques will be invented, and if you want to match up with your target, you have to use the following four tips.
Here are four of the tips to get you started with salesforce;
1. Plan Ahead
Every organization has unique data needs, and the salesforce can be customized to meet these needs. Before you can find the ideal tools for your business, you first have to understand your specific needs. Look into the type of products you deal in and the nature of clients.
For example, if you run a contact center, you need to include various aspects like the average talk time, issues for calling, and resolutions. For an eCommerce site, you might need information on abandoned carts and purchased items.
Slow down the pace and take the tools slowly as you determine the impact on business processes. You can only expect results if you feed the right data on the system.
2. Invest In Resources To Get The Most Out Of The Salesforce
While the salesforce is robust software with multiple functionalities, it is not a standalone tool. You still need other resources like human resources or other software to make it work perfectly.
For example, the customization data from the salesforce is not important if you cannot use it when addressing the clients. You still need software like TinyLetter to help you place the specific names on emails and landing pages for personalization.
Train the staff on how to get the most out of the salesforce. Let them interact with the platform as they master the multiple resources it comes with.
3. Look For A Consultant
The other way to make salesforce work for you is by looking for a consultant or an external contractor. The consultant has the expertise on how best to use the platform depending on your business needs. They have interacted with various businesses and have since mastered what works best for every entity.
A consultant also helps you with an external view when setting up the system. Using only the internal can be biased and lead to defective data. You are also better off working with a consultant from the area where the prospective clients come from.
For example, look for salesforce consulting companies in Pennsylvania if you are targeting clients around the locality. They have the demographics, and specific customer needs you can use on the platform when generating data.
4. Optimize Your Implementation
Once you have set everything up, you need to get the best out of the salesforce by optimizing the implementation. Look for ways to automate key business processes(because you are already acquainted with its importance), win more deals, and improve lead conversion by ensuring consistent speed-to-lead formula. The more you use the platform, the better you get at understanding its limits and how best you can gain from it.
Automatic implementations and chatbot customer care both are pretty effective for the salesforce. However, more often, the customers are starting to lose their interest in the products as the companies are taking too much time to answer the product queries. But automatic systems and chatbots do not let you lose your single customer due to late responses.
Conclusion:
The automatic business process to the new generation's smart business planning, everything belongs in the strategy to match up your sales goals and salesforce. These four tips successfully build a good sales force for your organization. All you have to do is just plan out your strategy and incorporate the salesforce-related business planning. Within a few months, you will start to see the differences.
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Why an Automated Sales CRM Platform is What Your Business Needs
Avoiding Sales And Operations Planning Mistakes
