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Home Business

Business Advice: I Asked 100+ Founders of $1M-$1B Businesses

26 February 2025
in Business
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Business Advice: I Asked 100+ Founders of M-B Businesses
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To start and grow a business to $1 million or $1 billion, successful entrepreneurs emphasize the importance of curiosity, being open-minded, and staying true to your goals. Founders like Martha Stewart, Melissa Ben-Ishay, and Arsha Jones stress the value of learning from others and being willing to adapt. John Mackey and Tom Baker highlight the significance of understanding your business’s unique offering and long-term goals. Jackie Summers emphasizes the importance of taking breaks to reflect and recharge. Ultimately, learning from the experiences of successful entrepreneurs can help guide you on your own entrepreneurial journey. Having clarity in your mission can help drive your business forward, as seen in the examples of Parker Thatch, PEAK6 Investments, and Bearaby. Taking calculated risks early on can lead to success, as emphasized by Wildgrain and Explorer Cold Brew. Embracing failure as part of the journey, not the end result, is key, according to Autoweb and Bobbi Brown. Keeping priorities in check and finding a balance between work and life is important, as highlighted by Reddit’s Alexis Ohanian. Finally, doing good and doing well can go hand in hand, as exemplified by Esusu and Bombas. In building a strong company culture, leaders like Chris Kirby of Ithaca Hummus prioritize empathy, clear communication, and creating a safe space for innovation and learning. Other successful entrepreneurs, such as Scott Tannen of Boll & Branch and Jocelyn Gailliot of Tuckernuck, emphasize the importance of surrounding oneself with talented individuals and listening to team members’ ideas. To achieve business success, Amir Loloi of Loloi Rugs and Adriana Carrig of Little Words Project stress the significance of hard work, belief in oneself, and striving for excellence, while Fawn Weaver of Uncle Nearest Premium Whiskey suggests giving your all or reconsidering your entrepreneurial path.

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