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Tips to Become A Smart Entrepreneur

by Radly Bates Index The RBI Entrepreneurship Index measures the % of t

Being a successful entrepreneur is not an easy feat, but there are some smart ones who make it possible. They take small steps, use their judgment intelligently and reassess their assumptions at every opportunity. To stay ahead on the curve in this fast-paced and technology-driven business environment, they collect the tools and the knowledge to manage uncertainty. Above all, they strive to understand their market and business environment and as a result, end up selling a different but commercially smarter idea just like Adam Radly Bob Bates. They are the founders of Radly Bates Index (RBI), an entrepreneurship index that measures the percentage of the active workforce that is self-employed in the US.

Adam Radly Bob Bates
They are smart entrepreneurs as they came up with a different idea when it was most needed. Here are some tips from them that will help you be smarter.

Take calculated steps towards your goals every day

Radly Bates says that entrepreneurs should not take risks but take calculated risks to achieve their goals. Smart entrepreneurs look for ways to mitigate risk at every opportunity. The difference between risk takers and calculated risk takers is the difference between failure and success. So, if you want to be smart then take calculated risks to reach your goals.

Stay updated with the latest industry trends

In this high paced and technology-driven business environment, you need to keep yourself updated with the latest industry trends. This will help you know what customers are doing and what they are interested in. being an entrepreneur you should follow publications and influencers in your industry to keep up with the trends as well as go through industry research and trend reports.

Open to learning new things

The smart entrepreneurs have a fundamental desire to continually invest in their personal development and that too without hesitation. They have an innate desire to keep getting better at what they do. If they do not have the answer to any question, they take steps to know about it.

The above mentioned are the points every entrepreneur can follow to be smarter.


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About Radly Bates Index Advanced   The RBI Entrepreneurship Index measures the % of t

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Created on Jun 14th 2018 00:43. Viewed 281 times.

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