Starting a Business - Four Tips from Michael Dadoun, Upclick Co-Founder
Starting a business offers challenges and opportunities. Entrepreneurship is exciting, thrilling and rewarding. However, you would also have to be ready for the long hard trek to the peak of success. For people who have never started a business, it might be difficult to gauge the likely problems you might face. Thankfully, we have tips from Michael Jordan, Upclick CEO, to help figure out how to face challenges head on.
Have the right attitude to difficult situations
More than the difficulties you face, it is how you face them that matters. Running a business is all about overcoming a variety of hurdles. Without these challenges, business would be boring and unexciting. Therefore, the first thing would be to look for opportunities even in the most difficult circumstances. This will help you think with a cool head and therefore overcome challenges more easily.
Think out of the box
Entrepreneurship starts with new ideas. You notice that there is market for a certain products or services. You notice that there is a chance for improving on an existing concept and therefore offering people better options. So you are already on the way to learning new things and developing innovative ideas. Setting up a business means that your ideas will be translated into something concrete. However do not let go of the habit of looking at things from a new perspective no matter how successfully established your business becomes. This ensures that you can always offer something new to customers and stay relevant in a highly competitive environment.
Rely on your strengths
Michael Dadoun, Upclick cofounder and CEO, has wide ranging experience in telecommunication, Internet, and finance industries. His knowledge area covers computer engineering, and finance. He has a degree in computer engineering, as well as a B.Com Degree in international finance. He used his expertise to create solutions that customers love. For example, the Upclick online payment portal that enables international funds transfer, is primarily aimed at E-Commerce vendors, retailers and people looking for quick financially processing solutions.
Develop the ability to predict the future
This might seem like something that only a magician can accomplish. However, if you understand the industry, are up-to-date on the latest market trends, and is also backed by a solid knowledge base, then it may not be impossible to predict the future with a fair degree of accuracy. That is when you can create successful business. Michael Dadoun, Montreal based entrepreneur's foresight and having seen the need for payment processing platform for the growing eCommerce industry has helped him create a successful venture.
You can create a successful venture, if you have the right idea and the dedication to turn the ideas into reality. You would be rewarded by fame, success, money and most of all, the satisfaction of doing something you love. Michael Dadoun's experiences are something to learn from, if you are planning to build a successful business.
Comments