Comment on Tianye Guo’s blog:

This is what a SUCCESSFUL Entrepreneur Needs to Do

Title: That is What A SUCCESSFUL Entrepreneur Needs to Do

Author: Tianye Guo

Tianye Guo uses Mark Zuckerberg, the CEO of Facebook, as an example in her blog to show what a successful entrepreneur should do after being successful. Mark Zuckerberg started to learn Mandarin and tried to take and create the opportunities to enter Chinese market in the future.

After entrepreneurs start a new company and become successful on operating and managing the company, they should not stay at the same place. They should improve their strategies and enhance the employees working skills to make sure that the company can keep growing and make more profits. I totally agree with Tianye’s conclusion that all entrepreneurs know how to analyze useful and crucial information about their companies based on their current situation, but only successful entrepreneurs know how to make full use of their current information, resources and capital to create opportunities for themselves to expand their companies and enter global markets.

For example, Yun Ma (Jack Ma) is a successful Chinese entrepreneur and the CEO of Alibaba Group. He is the first mainland Chinese entrepreneur that appeared on the cover of Forbes. Is he successful? Of course he is pretty successful, and he knows what the best time is to start the company, to develop its business, to publish new service and to go public. He also knows how to utilize the opportunities to maximize the benefits and get best outcomes.

Therefore, I think successful entrepreneurs need to have better understanding of their own business. They ought to know what they should do to take the opportunities for which the markets provide, and they should create new opportunities for themselves to enter new markets and start new business by utilizing the resources and capitals effectively and efficiently as well.

Reference:

http://en.wikipedia.org/wiki/Jack_Ma