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Habits Of Successful Entrepreneurs

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Successful Entrepreneurs

Successful entrepreneurs and leaders are individuals who can take control and responsibility in any situation. They should have the ability to make critical decisions and influence others to follow them. They set a framework or the culture of a group or business within which everyone in the organization operates. Leaders should have the ability to inspire their employees to give their best and get things done. Leadership is more of an art than a science, and people can become an effective leader with time and practice. A company can have a great idea, but with the poor leadership, it can fail in executing it. Whereas, on the other hand, a great leader makes the impossible happen by igniting the passion within the organization.

Here are some habits of successful leaders:

  1. They inspire their team– People look for leaders who are courageous and can make decisions in any situation. Successful entrepreneurs lead by an example. They also achieve this through developing a successful culture. 
  2. They have a definitive purpose– Successful entrepreneurs understand the meaning of success and at what terms they want to evaluate success.
  3. They are aware of their motives– Most Successful entrepreneurs know why they have set their goals and are determined to achieve them.
  4. They have a workflow system- They have an efficient workflow system that ensures that the work is not duplicated.
  5. They are self-reliant– The talented and successful leaders are mostly self-reliant that helps them in pursuing their definitive purpose irrespective of the circumstance.
  6. They seek out highly talented people – Successful entrepreneurs tend to surround themselves with people whose talent complements theirs. Millennial entrepreneurs easily make the best generation of talents and creativity.
  7. They value time– They ensure that the work is delegated, outsourced, or shared. They believe in doing only that work which no one else can do for them.
  8. They have selfcontrol – Successful entrepreneurs know how to control their emotions. They don’t let their spirits down with any disappointments, and they are completely aware that an impulsive decision can damage their year’s worth of work.
  9. They are flexible- Good leaders are open-minded on all subjects. They understand that there are many paths to success.
  10. They are good listeners- Most successful leaders listen more than they speak. They use their conversation with others as a way of learning new things.
  11. They believe in integrity- Successful leaders are the ones who are honest, fair, and forthright and give equal opportunities to everyone around.
  12. They stay focused- Best leaders focus their attention and energy on a single assignment at a time.
  13. They are generous- Effective leaders share the credit with their teams. They recognize and appreciate accomplishments whether small or big of their teams.
  14. They pay attention to details- A good leader looks at each and everything happening around him whether it is positive or negative. He not only notices the things that interest him but things that may affect his interests.
  15. They accept responsibility for their team’s failures– Great leaders don’t hesitate in accepting the failures of their teams. They step forward instead of staying in the background. Interested in reading on the 7 worse failures of all time?  Check this article out.

Great leaders are the visionaries who take their teams to new heights of success.

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1 Comment

1 Comment

  1. Joseph

    September 28, 2018 at 5:14 pm

    Very well written.
    I have been following Nilay’s articles for some time now.
    Quite insightful.

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Startup Central

Why Having an Advisory Board Could Make or Break Your Startup

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people talking

Facing severe challenges as a startup is almost inevitable, and you can’t always power through them alone. That’s why a startup advisory board is one of the smartest assets you can build when launching your business.

Many new entrepreneurs spend sleepless nights searching for solutions but still come up short. That’s why having a trusted advisory board is crucial—it fills the gaps in knowledge and experience, helping you navigate the toughest parts of your entrepreneurial journey.

Here’s why a startup advisory board is vital and how to choose the right people.

But first, a common question –

What is an advisory board?

what is a startup advisory board
Image by RonaldCandonga from Pixabay

A startup advisory board is a group of experienced professionals who provide strategic guidance to help entrepreneurs grow their businesses. If you’ve ever wondered, what does an advisory board do? — they offer mostly offer the following without being directly involved in daily operations:

  • Valuable insights
  • Industry connections
  • Mentorship

So, what is the role of a startup advisor? These advisors help founders make smarter decisions in areas like attracting investors, scaling operations, building company culture, and navigating challenges. They can also guide startups through critical stages like product development or planning an exit strategy.

With the advisory board responsibilities being met, you will have guidance in the following aspects:

  • Inviting more investors
  • Creating a compelling company culture
  • Establishing growth techniques
  • Attracting the right talent
  • Retaining the right employees
  • Planning and executing your exit strategy when all else fails

An entrepreneur’s relationship with the advisory board representatives is often informal and personal. This means communication is done via video chat, email, or text.

Why an Advisory Board is Vital

why is a startup advisory board important
Image by StartupStockPhotos from Pixabay

Some startup advisory board examples include boards composed of people with deep industry experience and can open doors that founders might not reach on their own, such as:

  • Former CEOs
  • Investors
  • Legal experts
  • Marketing leaders

Some entrepreneurs forgo the aspect or take it lightly due to the costs of startup advisory board compensation. Is it worth paying these individuals? Here are the benefits of having an advisory board:

  • They can fill knowledge gaps that will enhance your performance as the CEO of your startup
  • They will add credibility to your startup and boost trust among customers and investors
  • They give you business advice that you might never think of due to a lack of experience 
  • You’ll become trustworthy in the eyes of external and internal stakeholders

How to Choose the Right Members for your Advisory Board

Selecting the right members for your advisory board is crucial, as you need people to add value to your business. Here’s how:

1. Assess your Knowledge and Needs

It’s crucial to determine why you’re choosing an advisory board in the first place. For instance, data reveals that 65% of respondents sought accounting or finance competencies for advisory boards while 51% sought expertise in sales and marketing. That said, look within yourself to find the right people. What do you need help for? Is it to hit the ground running or perhaps to recession-proof your business? Assess your experience, knowledge, and needs. For instance, if you need someone knowledgeable about finding funding, choose someone with connections to investors. 

2. Take Advantage of Personal Relationships

The purpose of a business mentor is to have someone you can turn to when you need them the most. They act as your confidant and trusted ally. If you already have someone in your circle whom you think can add value to your business, see if you can leverage that relationship.

Choosing the members of your startup advisory board
Image by StartupStockPhotos from Pixabay

3. Do Your Due Diligence

As responsible entrepreneurs, it’s your job to screen candidates thoroughly. Do your due diligence and perform background checks on each candidate. Do they have a proven track record? Have they garnered some positive testimonials from previous clients? What are their strengths and weaknesses? Do they have advocacies or different principles that might cloud their judgment? By aligning your values and beliefs, ensure that the candidate is the right fit. 

4. Attend Entrepreneurial Events

Another way to find like-minded individuals is to attend business events and conferences. These are some occasions when business-minded people come together to share ideas and experiences. It’s also an excellent way to meet others who can potentially be your business mentor. 

Conclusion

Building a startup advisory board can be one of the most valuable steps you take as a founder. It’s more than just gathering experts; it’s about surrounding yourself with people who can offer wisdom, challenge your ideas, and guide you through tough decisions.

The right advisors can help you grow faster, avoid costly mistakes, and open doors you might not reach on your own. By carefully selecting and nurturing these relationships, you can strengthen your business, sharpen your leadership, and create a company that’s built to last.

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10 Design Pickle Alternatives to Get Even Better Designs

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Looking for an alternative to Design Pickle? We have just the list for you.

Design subscriptions are now popular amongst entrepreneurs, small businesses, and even corporate giants. The model is simple: you pay a flat monthly rate and get as much design help as you need – websites, custom illustrations, branding assets, ad design, packaging design, and more.

In a world where traditional agencies charge exorbitant fees and the freelance market is hit or miss, more and more brands are opting for this simple, comprehensive design solution. If you have no time to vet freelancers for every project and no budget for a team of in-house designers, this might be a perfect fit for you.

We went ahead and ranked the top unlimited graphic design companies in the industry that rival Design Pickle.

1. Penji

One of the top competitors of Design Pickle is Penji. This is because Penji offers a very comparable gamut of design services at a lower price point. Penji is one of the biggest unlimited graphic design providers in the industry and has consistently received strong reviews (4.8 average) across sites like Trustpilot, Facebook, and Google.

Penji stands out for its responsive customer service and exceptional designers. Their user-friendly platform makes requesting designs simple, allowing users to easily navigate and communicate with their designer. Each tier of Penji’s subscription is tailored to cater to diverse requirements, be it ad creatives, presentation designs, or motion graphics, ensuring various types of clients get the most value for their dollar.

Why we recommend:
– Designers are matched to your project based on their skillset and your specific need
– Penji offers logo designs, illustrations, and UX/UI for apps & websites
– Their customer support is responsive and quick
– There are over 100 design services to choose from
– You get access to a Project Manager or Art Director at higher tiers

Price: $499-$1497

2. Superside

Superside is a well-known company offering scalable design solutions that are suitable for brands of various sizes, from startups to large enterprises. Their services are priced significantly higher than other graphic design services, so they’re best for companies with larger budgets.

Why we recommend:
– You get access to a dedicated design team
– They offer static and motion ad creative for testing ads
– They’ve worked with big brands like Google, Shopify, and Meta
– Superside’s video production quality is top notch
– If you run out of design credits, you can order more at any tier

Price: $5,000-$13,000 (50-150 credits)

3. Fiverr

Fiverr is the only non-subscription service on the list, but many people don’t realize that individual freelancers can now offer subscriptions on Fiverr. The platform is famous for its wide range of freelance services at an incredibly affordable price. Typically, Fiverr matches you with a freelancer for a one-off project like a logo or website design. You might be able to get a logo for just $15, but in-demand designers might charge you $1000-2000 for a website.

Why we recommend:
– Fiverr manages the relationship, making financial transactions safer
– There’s no need to waste time or money hiring a full-time designer if you don’t need one
– You can choose from hundreds of designers to find the exact style you like

Price: varies widely (You might be able to get a logo for just $15, but in-demand designers might charge you $1000-2000 for a website.)

4. Flocksy

Flocksy is another unlimited graphic design service much like Penji and Superside. The company has a decent reputation online and offers comparable services to other design subscriptions. However, there are two major differences: They offer copywriting and video editing. Flocksy gives you access to an easy-to-use platform for submitting requests, tracking progress, and communicating with the creative team.

Why we recommend:
– Flocksy offers video editing and copywriting in their two highest tiers
– You can get Zapier integrations at every tier if desired
– They offer a 14-day money back guarantee if you choose not to continue

Price: $499-$1695

5. ManyPixels

Manypixels is another growing company that offers a similar service to Design Pickle at a comparable price. The company boasts clients like Teachable and Buffer. You can also get free stock assets from Manypixels, which is a nice perk to complement unlimited designs.

Why we recommend:
– Have an intuitive online platform for communication and storing files
– Pay monthly, quarterly, or yearly (save 10% quarterly, 20% yearly)
– Get a designated designer at the highest tier and collaborate in real-time

Price: $549-$1299

6. Kimp

Kimp is similar to other graphic design subscription services but offers unique pricing tiers. Unlike its competitors, Kimp provides both design and video services without requiring separate plans, ensuring a comprehensive creative solution. Clients also benefit from dedicated design and video teams, ensuring consistent quality and brand alignment across all projects.

Why we recommend:
– Choose only what you need: video, graphics, or both
– A speedy 2-4 day turnaround for video projects
– Kimp offers a 2-month discount as you’re getting started
– Get free stock video, audio and images in their top tier

Price: $599-$995

7. DesignJoy

DesignJoy came along just two years after Superside and have similar price range. They’re a big name in the design industry because they’ve worked with brands like Google and Verizon. Their standard tier allows you the manage unlimited brands along with unlimited users and stock photos.

Why we recommend:
– Webflow development available on both tiers
– Unlimited users on their higher tier
– You can refer a friend and get 5% monthly recurring commissions

Price: $4,995-$7,995

8. Delesign

Delesign has existed since 2017 and has leveled up its services each year. For the same price as many others on the list, Delesign also offers 2D animation videos. We’re not sure of the quality, length, or requirements, but this is a great bonus for brands that want to incorporate it.

Why we recommend:
– 2D animation videos are included in the package
– Guarantees quick turnaround times for initial drafts: 24 to 48 hours
– Zapier and Slack integrations on every plan

Price: $599 – $1799

9. No Limit Creatives

Roughly the same age as Delesign, No Limit Creatives is another design services that has grown in notoriety in recent years. They’re unique in that they offer 4 tiers for graphic design while most offer 3. Like Kimp, they have a tier for graphics and video, and each tier allows a different number of requests at a time. Their lowest price tier uses design credits much like Superside’s model.

Why we recommend:
– Get a dedicated design team on 3 out of 4 tiers
– A whopping 3 requests at a time are available at the highest tier
– The highest tier also offers real-time communication through Slack
– NLC provides video editing and video creation

Price: $499-1499

10. Kapa99

Kapa99 is a small company but they compete well with larger competitors like Design Pickle. They’ve been around since 2014 and thus have had plenty of time to perfect their craft. Kapa’s tiers are split into just two: Business and Business Express. Express offers speedier delivery for clients with more pressing deadlines.

Why we recommend:
– They offer a significant discount for the first two months of your subscription
– There’s no limit to how many ‘active tasks’ you can have on your dashboard
– Native Adobe source files
– Canva file delivery

Price: $499-$999

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Business

Unlimited Graphic Design Companies Of 2023 + Promo Codes (Updated)

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Top unlimited graphic design companies featured image

Unlimited graphic design services have become the go-to services of major brands like Uber, Buffer, 7/11, and more! You can follow in their footsteps by subscribing to an unlimited graphic design service since it allows businesses to scale anytime. Plus, it offers quick turnaround times without compromising quality. Besides those, it has a money-back guarantee and lets users cancel anytime without hassle.

If you can’t pick the best service, we have your back with this comprehensive list of the best unlimited graphic design services!

Which Provider Should You Choose?

We’ve done the homework and curated a list of Unlimited Graphic Design providers for you and also negotiated special deals on your behalf. You can see them all below and decide which one fits your business based on your needs.


Unlimited Graphic Design Providers

What Does Unlimited Graphic Design Mean?

These unlimited graphic design services have a monthly subscription business model. That means you can sign up and cancel whenever you like. What sets them apart from your typical freelancer, agency, or in-house designer is you gain access to a workflow that is designed to be quick and to the point.

You’ll communicate with their team through Trello, email, or an online platform. The option given is dependent on the company you choose. For example, only a small selection of services provide a custom built online platform for their customers.

Once you’re connected to their workflow, you can begin submitting as many design requests as you want. Although they all claim “unlimited”, it generally means you can “create” unlimited design requests. It doesn’t necessarily mean they’ll work on them all at once. Usually, they just work on one design at a time. When one completes, they start the next design.

The usual turnaround time is between 1 – 2 days, and that’s just for the first draft. It doesn’t mean your entire request is complete. If you don’t like it, you can request as many revisions as you want, and that will take more time. So it can take up to a week to actually get the design complete if you have a lot of revisions.

Another thing to keep in mind is content. You need to be able to have everything ready and provide all the content needed in order for their designers to get started.

How Does On-Demand Graphic Design Work?

Most graphic design services listed above offer clients a bespoke design platform. For instance, Penji’s design tool is an all-in-one platform where designers, account managers, customers, and their team members can communicate and collaborate. 

Although the steps in working with a graphic design company are similar, we’ll use Penji’s design software to share the step-by-step graphic design process.

1. Log in

Once you’ve selected the subscription plan, log in to your design tool and access your dashboard. Most of these tools are user-friendly with a minimal learning curve and prioritize user experience. 

This example of Penji’s dashboard shows a list and thumbnails of ongoing design projects. The menu at the top shows the Active, Completed, Drafted, and On-hold projects.

Submitting a design brief is the first step in the on-demand graphic design process. To submit, click the +New Project button at the upper right side of the dashboard. 

2. Fill in the title

Think of a relevant project title that will describe the design accurately. Writing an accurate title will make browsing through ongoing projects easier once you have a long list. 

For instance, if you’re creating a company logo, you can write “Logo design” and specify the company or industry beside it if you’re handling multiple brands.

3. Choose from design categories

The next step is to choose from the many design categories. Most unlimited graphic design services have around 100+ design categories. Penji has 120+ design categories. Choose one that fits your project. 

4. Write a design brief

This step is crucial when working with on-demand graphic designers, as this will make or break your project outcome. Writing a thorough, clear, and well-thought-out design brief makes it easier for designers to understand exactly what you want. 

Penji’s design platform has a few reminders on the left side when writing design briefs. Ensure you follow the tips for a better design outcome. 

5. Attach files and images for inspiration

Some customers can’t express themselves clearly through written instructions. You can attach files and images to support your written descriptions with visuals. Attaching sample logos also helps lead designers in the right direction. Attaching your competitors’ logos is also a way to make yours better. 

You’ll also need to choose the source file type in this step or let designers pick for you.

6. Choose a brand style guide

Subscribing to unlimited graphic design services means you can request any visuals for multiple brands. Penji’s design tool lets you save and categorize your brand style guides in folders. This way, you only have to choose a branding guideline for designers to follow. 

Once you’ve chosen the associated brand, click the Create project button to start the process. 

7. Wait 24 to 48 hours

Although most on-demand graphic design services’ turnaround is 24 to 48 hours, some companies may take more than two days. This is due to complex projects like illustrations or web pages.

Wait for the first draft and ask for revisions until you’re 100 percent happy with the design. Download the source file, and you’re good to go!

Why Should You Sign Up for Unlimited Graphic Design Services

Subscribing to unlimited graphic design services is more convenient than hiring freelance designers. Here’s why:

  • Work with vetted designers and choose from various skill sets. There is no need to search for another designer fit for a particular project. The company will assign you the most suitable designer. 
  • No need to worry about additional fees as you only have to pay fixed monthly rates and get unlimited designs. Revisions also come at no extra cost. 
  • You don’t have to worry about graphic designers going MIA and abandoning crucial projects. Each design project is managed by an account manager who will check if deadlines are met on time. 
  • Signing up and canceling subscriptions with on-demand graphic design services is easy. You can sign up if you need a stream of designs while setting up shop and cancel anytime without incurring cancellation fees. 
  • Fast 24 to 48-hour turnaround, which prevents any bottlenecks in your marketing campaigns. 
  • Request to change assigned designers if you’re unhappy with their work at no additional cost. 
  • Organize your projects and brand style guides if you request multiple brand designs. The custom design platforms make managing projects efficient and convenient. 

Are they worth it?

If you have a lot of design needs, they’re definitely worth it. Being that it’s a monthly recurring investment, you’ll need to make sure that you have the need for an ongoing graphic design service. This graphic design service model is comparable to outsourcing a designer yourself, except much of all the management work is done by the company. The quality of designs and turnaround time also tends to be significantly better when outsourcing a designer yourself.

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