The Wisdom of Successful People

What's the big question you'd ask a multi-millionaire if you could? Odds are it would be - "How did you do it? A USA Magazine published a book some time ago that revealed some of the secrets of successful young entrepreneurs.

Here are some of the advice and secrets:

  • Daymond John, co-owner of FUBU The Collection: "Never give up. [If] you get knocked down, just get back up and approach the situation in a different way."
  • John Chuang, owner of MacTemps, Inc.: "Commit to your business -- don't just do it on the side. If you have a vision and really believe in it, you should commit to it wholeheartedly."
  • Andre Taylor, owner of Interactive Sports, Inc.: "The less money you have the more creative you have to be. Focus less on going out and getting a lot of money and more on understanding your business and working at it aggressively."
  • Stacey Kanzler, owner of Sandbagger Corporation: "Perseverance pays off."
  • Katrina Garnett, owner of CrossWorlds Software, Inc.: "You can't change your goals every day. Many start-ups change their direction and focus fairly often, but I think you have to go with your gut and stay on course."
  • Andrew Rose, owner of Andros Enterprises Inc.: "You can't get discouraged, because you never know if the next day will be your big break."
  • Gregg Levin, owner of Perfect Curve Inc.: "Surround yourself with good people. Odds are, there are people out there who know more than you do."
  • Sue Callaway, owner of S.C.R.U.B.S.: "Pick a product you can truly get excited about."
  • Martha Peshoff, co-owner of Roman/Peshoff Public Relations, Inc.: "Just do it."
  • Matthew Glitzer, owner of FeMail Inc.: "Focus. It wasn't until I zeroed in on one specific category of women's health that my business took off."
  • Julie Sautter, owner of BodyLines: "The more connected you are with other people, the more opportunities you'll have to meet people who can help you."
  • Craig Saxton, co-owner of Specialty's Cafe and Bakery: "If you don't have the where-with-all to go through hell, don't go into business."
  • Kristin Knight, owner of Creative Assets Inc.: "The only thing that sets you apart from your competition is people. Find and keep the best employees you can possibly afford, and create a vision they can buy into. Also, know your weaknesses and compensate for them."
  • Steve Milo, owner of AnotherUniverse.com: "There are some tremendous opportunities on the Internet, and we've only begun to scratch the surface. If you have a niche product or idea, the Internet is a great place to find consumers to sell it to."