Best Business Practices

The Best Business Practices As Suggested By Famous CEOs

The Best Business Practices – As Suggested By Famous CEOs

There’s a lot of truth to the saying that to become successful, you should follow other successful peoples’ examples. The best business practices you can implement into your company often are the same ones being used by the top managers and CEOs throughout the world. So, we decided to take a look at the best advice we could find from celebrity CEOs, and share it with you.

Best Business Practices For New Managers: Be self-aware. 

As Bill Warren, former president of Monster.com said, it’s important to be self-aware. As a CEO, you need to know your limitations, your goals, and your strengths. This advice also means you will need to check your ego and work on your emotional intelligence. Without knowing yourself, you’re not going to be able to manage yourself – or others.

Best Business Practice For New CEOs: Don’t overschedule yourself.

37 Signals’s CEO Jason Fried had that to say when asked what the best advice he could give to new CEOs was. It’s true. As entrepreneurs, we tend to overschedule ourselves, and give ourselves very little “me” time. This can put us into burnout mode, and that can wreak havoc on everything we try to do.

Best Business Practices For Dealing With Customers, Investors, and the Public: Humility and restraint are you friends.

Warrant Buffett, one of the most successful investors and businessmen in history, said that the key to making things work is to have restraint and humility when dealing with people. He’s right, too. No one wants to deal with a person who flies off the handle every five seconds, nor would they want to deal with a customer service rep who has an attitude problem. A company with an overall “Mean Girls” attitude is a company that won’t last long.

Best Business Practices For Guiding Your Company: Get educated.

Reading is an amazing thing, as is keeping up with technology and data. Sam Caglione, who owns Dogfish Head Brewery, really makes a point of emphasizing how much learning can influence a business’s ability to success. Things change every day. Are you up for going with the flow?

The best way to start putting together your own top business practices is to look at what worked for others in your field, and improve upon it. You know you can do it, so start researching today!

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