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How can I get far in business?

When I get older I want to enter the business industry. Does anyone have any tips about business, or how I can exceed in that field of ineterst.

Thank you comment icon With commitment and tenacity, you can journey far and wide. Olaoluwa Kolawole

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Subject: Career question for you

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James Constantine’s Answer

Greetings, Lisa from Escondido CA! This is James, and I'm here to provide some guidance on your query about succeeding in the business sector.

To thrive and make significant strides in the business world, you might want to consider the following advice and strategies:

1. Establish a robust understanding of business essentials:
* Acquire knowledge in areas such as accounting, finance, marketing, and management.
* Get a grasp of the basics of business law and ethics.
* Stay updated with industry trends and best practices.
2. Cultivate a network of professional contacts and mentors:
* Participate in industry-related events and conferences.
* Join professional associations and networking groups.
* Find mentors who can provide valuable guidance and insights.
3. Enhance your communication skills:
* Learn how to effectively interact with clients, colleagues, and business partners.
* Cultivate active listening skills and empathy.
* Improve your public speaking abilities.
4. Be flexible and receptive to change:
* Be ready to acquire new skills and adapt to emerging technologies.
* Be open-minded to fresh ideas and viewpoints.
* Be ready to modify your strategy when needed.
5. Foster a strong work ethic:
* Be prepared to invest the necessary time and effort to achieve success.
* Set clear objectives and priorities.
* Be proactive and take the initiative.
6. Keep abreast of industry trends and developments:
* Regularly read industry-related publications and blogs.
* Follow industry leaders and experts on social media.
* Attend relevant conferences and seminars.
7. Be strategic and plan for the long-term:
* Formulate a clear vision and mission for your business.
* Set long-term objectives and devise a plan to reach them.
* Be ready to make sacrifices and take risks to accomplish your goals.
8. Learn from setbacks and persist:
* Don't let failures or setbacks deter you.
* Use them as learning opportunities to improve and grow.
* Maintain your determination and keep pushing forward.

Recommended Readings:

1. "The 7 Habits of Highly Effective People" by Stephen Covey
2. "The Lean Startup" by Eric Ries
3. "The 4-Hour Work Week" by Timothy Ferriss

By adhering to these strategies, you can position yourself for success in the business sector and attain your objectives. Always remember to stay open to learning and growth, and be ready to invest the necessary time and effort to succeed.

Here are some helpful online resources:

1. Investopedia: How to Grow a Successful Business
2. CNBC: Seven Tips for Starting a Business in Your 50s
3. US Chamber: Business Success Tips for Older Entrepreneurs
4. Indeed: How To Be a Successful Entrepreneur: 32 Tips for Improvement
5. Business News Daily: How To Start A Business: A Step by Step Guide For 2023

I hope this information proves useful to you. Best of luck in your business endeavors! God Bless!
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Rachel’s Answer

Build your network! and network constantly. You will never know who you can meet and when that relationship can prove resourceful.
But also remember to nurture these relationships and keep in touch with each other - cross share information and create mutually beneficial relationships.
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Tia’s Answer

Hi Lisa,

Great question! I've learned in order to excel in business, which is a broad industry, it's great to **get experience** and **exposure** to the success and struggles of the industry. This will assist you in finding out what area(s) truly interest you.

Mentors can provide valuable advice, introduce you to important contacts, and help you navigate the complexities of the business world.

Additionally, don't be afraid to ask questions and show genuine interest in learning from other's experiences around you in all types of industries. Learn how they make their business run and how they handle their customers.

Remember, learning from others' journeys can give you a strong foundation as you plan your own path in the business world! Also, change is ok. If you decide you don't like something, that is ok. Doing what you're interested in or passionate about will make your journey more enjoyable and it may take you further than you ever thought possible!

Tia recommends the following next steps:

find mentors who can guide you
Seek out teachers, local business owners, or professionals in your community who are willing to share their experiences and insights
With parental guidance consider reaching out to online platforms like LinkedIn to connect with professionals in your areas of interest
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Zeenat’s Answer

Hello there! I strongly encourage you to seek out a Business Owner who'd be open to having you shadow them for a few days. There's no better way to learn than by gaining hands-on experience in the world of business. This will equip you with a clear understanding of what it takes to manage a business effectively.

Depending on the size of the business, you'll gain valuable insights into the requirements of running a business of that scale. For instance, if it's a small, owner-managed enterprise, you'll get a firsthand look at entrepreneurship and the essential skills and knowledge you'll need to master to succeed in such a setting.

If it's a larger, established business, you'll gain perspective on the different roles you could potentially fill and how you can flourish as an intrapreneur within such an organization. So, take the first step and immerse yourself in as many different business environments as you can through job shadowing. This will undoubtedly broaden your horizons and pave the way for your success in the business world.
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Jen’s Answer

1. Set clear Goals | Your ability to drive your own success starts by having a clear vision about what success looks like. What are your current strengths and growth opportunities? Where do you want to develop? Identify growth areas that will help you land the job you want while making the journey a little more interesting along the way.
2. Protect your Values | Get clear on your personal value markers and then research companies within business industries you find interesting. What are their values? Are they community-service oriented? What matters to you and what matters to your employer should be aligned so you're not compromising your values in order to execute on your deliverables in role.
3. Build your Network | Search LinkedIn for people in roles you'd aspire toward at a company with values aligned to your own and reach out. Request a get-to-know where you can ask how they've been successful and what risks to watch out for and to avoid. Learning from others' experience is a great way to find your own path forward.
4. Stay Relevant | As businesses are constantly evolving, so too should its employees. With a growth mindset as your compass, seek opportunities to learn and grow in every role - whether hands on, instructional (online, in-person, structured or not). As business changes are implemented, ask thoughtful questions to understand rather than brush them off. When new technologies are rolled out, be an early adopter so you can help bring others along. This will help you remain relevant and informed which will subsequently set you up to remain adaptable to change.
5. Don't wait for Perfection | whether setting clear goals, aligning your values, building your network, or advancing your learning journey, there is never a "perfect time" and you will never be "perfectly well positioned or ready". Start anyway. Cold call the professional outside of your network and just start the conversation. If you ask enough questions, you might just learn about good books to read, trainings to attend, organizational changes coming, and best of all - new roles opening up for which you may be qualified. Just showing up as you are with authentic curiosity sets you apart from the rest.

My personal recommended reading list:
1. Mindset, Carol Dweck
2. Big Potential, Shawn Achor
3. Executive Presence: The Missing Link Between Merit and Success, Sylvia Ann Hewlett

Bing Chat's recommended reading list for becoming successful in business post-college:
1. Good to Great: Why Some Companies Make the Leap… and Others Don’t, Jim Collins
2. How to Win Friends and Influence People, Dale Carnegie
3. The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses, Eric Ries
4. Lean In: Women, Work, and the Will to Lead, Sheryl Sandberg
5. The Personal MBA: Master the Art of Business, Josh Kaufman

Finally, feel free to reach out to me anytime to continue the conversation by phone or video chat. I'm happy to offer mentoring to help set you up for a successful and enjoyable career! Happy days ahead to you...!
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Sowmya’s Answer

I'm still in the early stages of my career, but what I've discovered to be most valuable so far is establishing authentic connections with your colleagues and community, taking the initiative, and demonstrating a keen interest in learning! Although it may seem daunting at first, try to absorb as much information as you can from your surroundings. This will significantly assist you in becoming a versatile and well-rounded professional.
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Michel’s Answer

Hi Lisa,

let me start by saying please don't rush your path to 'the top' and as your journey goes on keep evaluating what 'the top' means for you. I wanted to share some insights that I believe will serve you well.

Joy: Always remember, joy is not merely a result of your circumstances, it’s a state of mind. Choose joy in your work every day, even when the going gets tough. It’s the positive energy that will keep you going and make your journey enjoyable. You will automatically stand out if you bring good, authentic energy.

Passion: Passion is the fuel that drives us to go the extra mile. It’s what wakes us up every morning with a sense of purpose and excitement for what the day may bring. Stay passionate about your work and never stop learning. Like with Joy, you will likely over perform if you do it with passion and will stand out.

Experience: Every experience, good or bad, is an opportunity for growth. Embrace challenges as they come, for they are the best teachers. Remember, experience is not just about time spent, but about the lessons learned and how they’re applied.

Networking: The value of a strong professional network cannot be overstated. It opens doors to opportunities, provides learning from diverse perspectives, and fosters collaborations that can result in incredible outcomes. So, attend those networking events, meet new people in your field, and don’t forget to nurture those relationships.

Remember, success in business doesn’t come overnight. It’s a journey filled with ups and downs. But with joy in your heart, passion in your spirit, wisdom from your experiences, and a network of support, you’re well on your way to making a significant mark in the business world. You got this!
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Keith’s Answer

That's a great question! Here are a few tips that might be helpful:

1. Build a strong network: Networking is key in the business world. Make connections with people in your industry, attend events and conferences, and join professional organizations to expand your network.

2. Develop a strong work ethic: Success in business often requires hard work and dedication. Be willing to put in the time and effort needed to achieve your goals.

3. Continuously learn and improve: The business world is constantly changing, so it's important to stay up-to-date with the latest trends and developments. Take courses, attend workshops, and read industry publications to stay informed.

4. Be adaptable: The ability to adapt to changing circumstances is essential in business. Be open to new ideas and be willing to pivot your strategy when necessary.

5. Be passionate: Finally, it's important to be passionate about what you do. Pursue a career in a field that you love and are truly interested in, and your enthusiasm will help drive your success.
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Rock’s Answer

Lisa, your question is very broad but here are some general tips to consider:

1. Learn Math: Math is like the secret code of business. It helps you understand money, budgets, and profits. So, pay attention in math class!

2. Read and Learn: Read books and articles about business. Knowledge is power, and the more you know, the better decisions you can make.

3. Start Small: You can begin by doing small business projects. It helps you understand how business works.

4. Communication: Learn to talk and listen well. Good communication helps in negotiations, making deals, and working with others.

5. Problem-Solving: Business often involves finding solutions to problems. Practice solving problems.

6. Be Creative: Creative ideas can set you apart in the business world.

7. Internships: As you get older, consider internships or part-time jobs in companies to learn hands-on.

8. Networking: Make friends and connections. The people you know can open doors in the business world.

9. Adapt: Business changes fast. Be ready to adapt to new trends and technologies. Train yourself to be comfortable with change.

10. Be Ethical: Always do the right thing. Honesty and ethics matter in business.

Remember, it's a journey, and you'll learn and grow along the way. Good luck!
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Sergei’s Answer

It's crucial to first identify your passions and aspirations as you grow older before diving into various business sectors. Running your own business offers the exciting prospect of greater creativity and freedom. However, it also brings increased responsibility and risk. Once you're comfortable with this balance, you can confidently proceed to acquire more knowledge in the specific field where you wish to establish your business. This approach will empower you and fuel your journey towards your entrepreneurial dreams.
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Amy’s Answer

Hi! I'd recommend taking on opportunities that would allow you to explore and see more parts of the business so you understand how it works as a whole.
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Derek’s Answer

Hello Lisa!

I noticed your question is a tad broad. The term 'business' can encompass a variety of areas such as management, operations, and sales, just to give a few examples. I'd recommend taking a little time to delve deeper into your topic online, and then come back with a more pinpointed question. It's also worth noting that within these areas, there can be further divisions. For instance, a Sales team might also include a Sales Operations team.
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Janice’s Answer

Business is indeed a fantastic major choice, encompassing a wide range of subjects like Finance, Accounting, Marketing, Decision Making, and Data. As you progress through your undergraduate studies, you're likely to discover areas that truly captivate your interest. These newfound passions can then be further explored in graduate school, paving the way for a successful career.
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Naila H.’s Answer

As a middle school or high school student, here's a friendly guide to help you pave your way to success in the business world:

1. Strive for good grades and a solid academic record - they're your ticket to a reputable college or university. Think about enrolling in business, economics, and math classes to lay a robust groundwork for your future studies.
2. Get involved in business-related clubs or organizations. They're a great way to hone your skills and beef up your resume. Also, look into internships to familiarize yourself with the business landscape and discover what really sparks your interest.
3. Don't hesitate to connect with business professionals. Ask them about their journey, their highs and lows. You might want to attend LinkedIn networking events or set up informational meetings with professionals. Remember to prepare your questions beforehand, do your homework, and respect everyone's time.
4. Soft skills like communication, teamwork, and leadership are crucial in any field. Think about taking courses or engaging in activities that can help you nurture these skills. Clubs, business case competitions, and summer programs are all great places to start.
5. Lastly, but most importantly, aim for a career that truly inspires you. As Confucius wisely said, "Choose a job you love, and you will never have to work a day in your life."
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Anthony’s Answer

Hello,
Please, note the following, concerning business :-
1. Think of the type of business.
2. The vision/goal of the business.
3. Required knowledge concerning the business.
4. Capital.
5. Favourable marketing conditions.
6. Favourable government policies.
Best regards.
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Sunny’s Answer

Here's a way to think about your starting point:

1. What are your interests? Think about what truly excites you.
2. Identify your passion. What is it that you love doing the most?
3. Consider your financial situation or investment capacity. How much can you afford to put into this?
4. Think about the returns you're expecting. What are your goals and what do you hope to achieve?
5. Lastly, consider the skills you'll need. What abilities or knowledge will you need to succeed?

Hope this is helpful to you :-)
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