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On Growing Your Business: 3 Key Ways to Learn from Successful Entrepreneurs

April 18, 2017 By Dana Davis 16 Comments

People who say they have nothing left to learn are foolish, to say the least.

On Growing Your Business 3 Key Ways to Learn from Successful Entrepreneurs

Actually, the most successful businessmen and women understand that every day of their lives is a learning experience. They know that the only time they stop learning is when they pass on to another plane of existence.

If you are looking to grow your business beyond its current capacity, perhaps you should look at what other successful entrepreneurs have done in the past. Doing so might mean finding a mentor or several mentors.

But it doesn’t mean that you need to have personal relationships with all of them. Yes, a mentor is someone you gain invaluable insight from, but there are at least three key ways to learn from successful entrepreneurs.

Table of Contents

  • 1) A Personal Mentor/Mentee Relationship
  • 2) Follow Them on Social Media
  • 3) Read the Works of Successful People
      • Dana Davis
      • Latest posts by Dana Davis (see all)

1) A Personal Mentor/Mentee Relationship

Many entrepreneurs find that having a personal relationship with their mentors is the most rewarding type of relationship they can have. The reason why is that they can get instant feedback on their questions, but such a relationship isn’t always practical.

Some of the most in demand mentors, like Tai Lopez, are so popular that it would be physically impossible for them to personally mentor everyone who comes knocking at their doors. That being said, by attending conferences and trade shows, you can always find someone with a history of success that is longer than yours.

Keep searching and the right mentor will come along. It might take perseverance, but you’ll know when the right person is in your direct line of site.

2) Follow Them on Social Media

Today, there are numerous, highly successful entrepreneurs who also have an extremely visible social presence. These are the people you should follow on social media.

As they post or tweet their words of wisdom, you can learn to apply their advice to the real life situations you daily face. Also, YouTube is a great social site where you can follow their videos and podcasts to learn the “secrets” to their success.

Some will respond if you email them or make queries in the comments section, so keep that in mind as well. There is much you can learn from social mentors, even if you never develop personal relationships with them.

3) Read the Works of Successful People

The third key way in which you can learn from successful entrepreneurs is to read what they have written. Many have written countless volumes on business and business growth.

By reading their work, you’ll be able to learn from what they have experienced over the years. Sometimes you’ll get real life examples of obstacles they faced with outcomes far beyond what you would have expected.

For example, besides being one of the most in demand mentors today, Tai imparts wisdom by recommending that you read a book each and every day. You can learn from a mentor you’ve never met!

If you can’t read an entire book in a day, keep a list of successful entrepreneurs and go through their works one at a time. Along the way, you will learn how they achieved their success. Much of what you learn can help you grow your business as well.

These are only three of the key ways in which you can learn from successful entrepreneurs. But the main takeaway here is that you can learn if you take the time to seek that knowledge. Don’t ever think you have learned all there is to know, even if you are an expert in your field.

No one knows everything about every aspect of running a business. Keep key people around you, learn from the experts, and watch just how quickly your bottom line grows. It’s amazing what you can learn from others, isn’t it?

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Dana Davis

Dana Davis focuses on small business and the use of gifts to show appreciation in relationships. She researches gifts of all kinds and especially personalized and engraved executive gifts for ExecGiftsBlog.com.
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Filed Under: Small Business Advice Tagged With: business relationships, entrepreneurs, how to be successful, mentoring, small business tips

Comments

  1. Jonathan W. Byrd says

    October 10, 2018 at 10:47 am

    Hi, Dana Davis

    Exactly, no one can say it there is nothing to learn. To get motivated learn from successful entrepreneurs life. You will see some pitfall in your strategies that they made and you just stop there.

    Try to read and appreciate their finding and try to implement that in your life is the key.

    Reply
  2. Addy Brown says

    April 10, 2018 at 7:12 pm

    Hi..
    Thanks for sharing this article.
    Your article will definitely going to help Entrepreneurs to run their business successfully.
    Thanks a lot!!

    Reply
  3. himanshu says

    June 3, 2017 at 6:31 am

    To become successful You must know two things 1.hardwork 2.smartwork.Thanks for giving such a wonderful article on life.

    Reply
  4. JainJani says

    May 24, 2017 at 12:47 am

    Hi,

    Thanks for sharing very useful article, it’s very beneficial tips for every entrepreneurs to run your business. Read insightful articles on business startups and entrepreneurs

    Reply
  5. Alexandra Smith says

    May 4, 2017 at 1:10 pm

    I think all start up should follow these steps to start their business. By reading about the work of successful people, it will guide them on how they can run business their own business more successfully. Thanks for sharing this.
    Alexandra Smith would love you to read ..Winning Characteristics of Great ConsultantsMy Profile

    Reply
  6. Wayne says

    May 2, 2017 at 5:57 pm

    Hi Dana. It’s amazing what you can learn by reading. I’ve learned everything to get where I am by reading, especially blogs. I think blogs are the best because you can read what successful people have to say and then start up a conversation in the comment section if you have a question.
    Wayne would love you to read ..Earthing for HealthMy Profile

    Reply
  7. Swathi says

    May 1, 2017 at 6:04 am

    Hi,
    To become successful in life, it is necessary to learn from those who have already achieved. The tips provided here are very useful. Looking forward for many more articles like this. Keep posting.
    Swathi would love you to read ..Integration Services TasksMy Profile

    Reply
  8. chandu says

    April 28, 2017 at 7:44 am

    For the successful growth of business, the steps given are very informative, it is helpful for business

    Reply
  9. aishwarya says

    April 25, 2017 at 3:33 am

    hi
    Very Nice and useful Article,and it surely gave me some good tips for becoming a successful
    1. Challenge yourself.
    2. Do work you care about.
    3. Take the risk.
    4. Believe in yourself.
    5. Have a vision.
    6. Find good people.

    Reply
  10. Golam Qauser says

    April 20, 2017 at 4:48 pm

    Hi there, This 3 Key Ways are awesome. But there are lot more. You can mention in this article. Sorry but I this this is not complete article. please add some more. Thanks

    Reply
    • Gail Gardner says

      April 21, 2017 at 9:27 am

      Hello Golam,

      There is always more that can be added to every post. Some people prefer shorter, more concise advice at times.
      Gail Gardner would love you to read ..The 5 Steps You Need to Nail Your Digital Marketing StrategyMy Profile

      Reply
  11. Carl Padilla says

    April 19, 2017 at 9:45 pm

    Usually I read books from local entrepreneurs here in Philippines to have a better visual about it. I’ve read a total of 3 books just last month and I’m currently reading one right now about controlling your finances, all about inspirational journey of entrepreneurs. I’ve learned alot this year and still on the process. Anyways, such informative article and a good help for those people who wants be successful and fulfilled. 🙂

    Reply
  12. Walter Lewis says

    April 19, 2017 at 12:51 pm

    Hi Dana,

    I totally agree we need personal mentors, we need to reach up and expand our circle of influence…we now have all the insights to all the legendary entrepreneurs in history at our fingertips so we can learn and model their success …success leaves clues..
    Walter Lewis would love you to read ..The Periodic Table Of SEO Success FactorsMy Profile

    Reply
  13. Gurinder P Gaba says

    April 19, 2017 at 4:43 am

    All I can say Dana Davis. It is actually a great and inspiring post. Thank you for sharing.

    Reply
  14. Aditi Aggarwal says

    April 19, 2017 at 1:04 am

    thanks for sharing with us. great site and a great topic as well i really get amazed to read this. it’s really good

    Reply
  15. Jelina Roy says

    April 19, 2017 at 12:13 am

    Hey Dana,

    Indeed an Informative Post .

    I follow some people on Social Media and I try to replicate what they do on their blogs, because I know they have more experience of what is working these days, although I have not been able to get in touch with my idol bloggers, but following them and their strategies helps a lot.

    And also I read a lot every single day, it helps me grow faster.
    Jelina Roy would love you to read ..Top 4 Best Wireless Microphone Reviews 2017My Profile

    Reply

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