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How This Serial Entrepreneur Made All Eight of His Companies Profitable

Jul 25, 2014 1:00:05 PM

Throwing Money

All entrepreneurs are aware of the risks of starting a new business – most will never make it big. Some might say the odds are against you. But not if you’re Steve Jillings, who has either founded or taken over 8 startups and grown them all into large, profitable business.

What’s his secret? He has several and isn’t shy about sharing.

First, tap talented leaders that you’ve worked with before to develop your management team. Always be recruiting top talent. Set the vision and then delegate to these capable people so you can focus on strategy. Additionally, spend time and money wisely. Watch costs – spend money on important things like meeting customer needs. Take great care of your largest customers that make up the bulk of your revenue.

Do you agree? What other advice would you give to entrepreneurs looking to make it big?

Check out the full article at inc.com.

Vennli
Written by Vennli

Vennli is the content intelligence platform that empowers marketing leaders to increase the effectiveness of content marketing for each persona across every stage of the buyer’s journey - from awareness to advocacy. The smart content planning tool combines customer data and artificial intelligence, including insights about what matters most to the target market, to make intelligent content, messaging, and communication recommendations that will attract, convert, and retain more customers.

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