Jeremy Harbour, a serial entrepreneur and thought leader, started his first business at the age of 14. After starting multi-million dollar businesses and creating hundreds of jobs, he is sharing his business secrets and growth hacks with future entrepreneurs in his book “Go Do!”
Here are the major tips and ideas for entrepreneurs who want to start their own business and launch successful companies:
1. Be clear why you want to start your business
Don’t start a business because you are bored of your 9-5 job routine. Start only when you’re truly prepared for the journey of entrepreneurship and want to make a difference.
2. Create a business plan
Make a detailed business plan covering USP, target audience, market competition, and financials. Keep it simple but don’t forget to chalk out what differentiates you from the others.
3. Perfect your pricing
Most entrepreneurs jump into the market without conducting market deep dive and preparing pricing model. Keep the numbers in mind so that you’ll be clear what goal you have to achieve in terms of revenue.
While above are few business hacks from Jeremy Harbour, the book is full of growth anecdotes that draw from his personal experience as an entrepreneur. Here’s an excerpt from the same book:
“In current state of economic turbulence, everyone wants to start a business but it isn’t as easy as it sounds. It’s a journey that requires a lot of hard work and dedication. Many people end up failing. But if your business succeeds, the rewards of entrepreneurship can be very delicious”
The energy, confidence and the lack of fear is what makes the entrepreneurs move forward and create their momentum for success. The biggest enemy of an entrepreneur is primarily their ego. In essence, ego is a crucial factor to an entrepreneur’s initial success but, sometimes, it becomes a hindrance.
Jeremy Harbour, a leading entrepreneur who has gained impeccable reputation due to his extensive knowledge and expertise in the Mergers & Acquisitions gives some of the tips on how to keep your ego in check:
1. Know when to lead and when to follow:
It can be quite challenging to collaborate with people who don’t have young entrepreneur’s mindset. By looking with a 360-degree perspective may help in improving communication and boost the morale of employees. If someone has an idea, be quiet and listen to it with 100 percent attention.
2. Know the difference between healthy and destructive ego:
There’s a fine line between being a confident business person and just simply being an egotistic narcissist. Be proud of your certain accomplishments, but at the same time, you should be humble about them.
3. Stay grounded:
As an entrepreneur, we are constantly dreaming of the future and how we can achieve our goals in the most efficient way possible. Always remember, where you came from and do activities that reconnect you to your roots.
Jeremy Harbour is also an author of a book Go Do! which can be purchased from Amazon.com.
Jeremy Harbour is a successful entrepreneur well-known for his expertise in the Mergers & Acquisitions. Born and raised in the UK, he touched the heights of success with his hard work and dedication. At the age of 14, he started running a market stall in school on the weekends. At that time he used to sell watches and trinkets, which turned out to be his first experience in trading. Harbour quit school at the age of 15 and has never looked back.
Now, Jeremy Harbour is a leading expert in the field of M&A in Europe, Asia and the United States. He is the author of Go Do!, which helped many young entrepreneurs in achieving their dreams. At present, Harbour helps entrepreneurs with real tactics for buying, fixing, and selling businesses. After many years of mergers & acquisitions in sales and marketing, here are the lessons Harbour has learned:
1. The importance of buying a business to grow a business.
2. Everyone says “first start a business, then work really hard at it.” You don’t make money running businesses. Your best customer will buy it from you. So, build it to sell.
3. Buy businesses for nothing and then sell them.
4. Being a business owner you need to be strategic and start having higher-level conversations.
In his 20-year career, Jeremy Harbour has started many businesses and has grown an organization to 130 employees with £10m in revenues. Owing to his skills and expertise, he has been invited to Buckingham Palace and The British Houses of Parliament to advise on matters of business and enterprise.