Ever wondered how Visionary entrepreneurs like Bill Gates can make billions of dollars from their work? If you are already an entrepreneur or planning to venture into business, getting big profits and making your business popular to many should be at the forefront of your dreams. Not everyone can achieve this for many reasons. The question is, What does it take it to be a visionary entrepreneur? Is it the talent?
“Yes or no, it starts with you,” exclaims Issa Asad, an entrepreneur from Florida since 1996. Mr. Asad is the CEO of 2 companies located across South Florida, including Q Link Wireless and Quadrant Holdings.
The truth is, visionary entrepreneurs like Bill Gates didn’t just find themselves in that position. So how to become a visionary entrepreneur like Bill Gates? Bill Gates had to work so hard to reach where he is now. He developed specific skills and most importantly viewed the world differently. If you are looking to gain visionary skills to get the best out of your business like Bill Gates did, then here are some of the best tips.
1. Let Others Share Your Vision
Most of the time your vision might not be as obvious to others as it is to you despite how exciting it may seem to be. Most entrepreneurs assume this. You should work towards getting others excited about what you are planning to achieve.
The ability to make others share a vision is what made Bill Gates stand out compared to his rivals. He ensured that his demos on Microsoft’s newly released products were as interesting as possible ensuring that his targeted customers got all the information they needed for the newly released Microsoft products. As a result, he was able to promote Microsoft products with the help of interested parties.
If you have an idea, make sure you share it with others. They will carry the information to others hence maximize the network.
2. Take Note of the Changing Trends
A visionary leader should be able to identify and note the trends. You should take your time to learn about things that relates to or impacts your business in any way. Study other companies around you and what potential customers admire.
To do this, you should take notes and document every encounter that you feel is important. Having done that, you should find time to review your notes. To achieve this, you also need to go out of your area of expertise. See what others are doing by attending conferences outside your area of competence. Learning to identify trends enable you to realize new ideas and opportunities. It will also help you identify the changing patterns and more.
3. Maximize on Opportunities: Don’t Depend Only on Immediate Opportunities
The environment changes every time, and if you are not able to change with it, chances that you will fail are high. Successful visionary entrepreneurs like Bill Gates don’t let the change in environment compromise their achievements. They seize every opportunity that comes with it.
For example, we can see lots of improvements and updates in recent windows phones. From applications to games, Windows phones seem to fight Android phones when it comes to performance. It is also clear that unlike Android phones, operating windows phones is smoother since they don’t hang. Every newly released model of windows phone seems to meet the modern lifestyle. From windows 8 to windows 10, we can see the improvements and updates to meet consumers needs and more.
Improvements are evident with the continuous release of Windows operating system to combat the complaints of users. For example, when Windows 8 came to the market there were complaints that it wasn’t better than windows seven. As a result, we saw Windows 10 coming to market featuring both windows 7 and windows eight features. You should listen to the customers issues.
Try to find out what they want and then work it out. See if the results are satisfying. Seize every opportunity as it comes and work your way out. Don’t just go for the immediate opportunities.
In summary, visionary entrepreneurs like Bill Gates don’t remain in one position. They critically observe the environment and calculate moves that will enable them get the best out best out of it. They study customers, rival companies and most importantly, the changing trends. They have a clear understanding that their products will someday fail to meet their customer’s requirements and as a result they continuously work on improving their products. Being able to change with the environment is what make not only billionaires but visionary entrepreneurs like Bill Gate’s achievements unique.