The tycoon has revealed, on several occasions, some keys to success that have worked for him to be successful in his companies.
Carlos Slim’s advice for new entrepreneurs to succeed. Carlos Slim Helu It’s one of the Mexican businessmen plus important in the countryand even the world. The tycoon, who has lebanese descentis the person with the most money in Mexico, and is owner of some of the most important companies at the national level.
Slim studied Civil Engineering at the National Autonomous University of Mexico (UNAM)and began in the business world at a very young age, since as a child he began selling sweets down the stairs of his house, which was located in the exclusive area of Polanco, in front of Lincoln Park.
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The tycoon had an impeccable financial education, because from a very young age his father taught him that he should write down all his transactions, both income and expenses, in a notebook, and at the end of the month, they would review how he had spent his money. This served Slim a lot to have an ideal money management of him.
Thanks to this, the tycoon, who from 2010 to 2013 was the wealthiest person in the world, has been very successful in business.
If you are starting a business, and you want to know Slim’s advice so that you can succeed in it, we will show you some that the tycoon has given so that entrepreneurs have positive results.
Maintain austerity in times of fat cows:
With this phrase, the tycoon refers to the fact that, at times when the economy is good, you have to keep your feet on the ground, and not waste money. In this way, in bad times it will not be necessary to make dramatic changes or suffer for money.
Staff in active development:
Slim considers as a reason for success that the staff of his companies are active, modern people, and in continuous personal and professional development. He wants them to be people who are constantly improving, seeking to improve their productivity, reducing expenses, that is, the opposite of what a well-to-do person would be at work.
Don’t grow up too soon:
Not growing up ahead of time is another piece of advice mentioned by the businessman. He gives as an example that one of his most important companies, Grupo Carso, always had its offices in industrial warehouse plants, but when the business really required it, and not before, he moved them to more showy public offices.
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This despite the fact that he had enough money to have first class offices from the first moment, but he did not consider it necessary, since his businesses did not require it. And it is that sometimes, when starting a business, he gets used to spending on unnecessary things, instead of letting the course of the project make us grow.
Teamwork:
Slim believes that there is no challenge that cannot be achieved by working together, with clear objectives, and with knowledge of the instruments to achieve it. This point basically refers to the fact that unity is strength, and the company must have a clear vision of what it wants and where it is going, and this vision must be transmitted to all the personnel working on the project, so that among all make it a reality.
Don’t fear, don’t blame:
Slim has also declared that one should live without fear or guilt, since fear is the worst feeling people have, since it weakens them and prevents their action, and also depresses them. On the other hand, guilt is a huge ballast in people’s thinking, in their actions, and in general, in life.
Between fear and guilt, the present becomes difficult, and above all, the path to the future becomes difficult, that is why there is nothing better to overcome fear than to act, because action feeds our confidence, while indecision feeds fear
