This article is being share from the US Chamber.com website
Starting and growing a company is an exciting dream to pursue. But be warned: Data from the Bureau of Labor Statistics shows that nearly half of all startups fail within the first five years.
To avoid becoming one of those failed startups, it helps to take inspiration from the founders of some of America’s hottest startups. Here are 10 pieces of entrepreneurial advice from leaders of companies that started small and took off in a big way.
[Read more:Â 10 Entrepreneurial Quotes to Keep You Motivated Through Tough Times]
“The product that wins is the one that bridges customers to the future, not the one that requires a giant leap.” – Aaron Levie, Co-founder of Box.net
Many entrepreneurs become too ambitious with their products and aim to solve too many problems. Instead, focus on making one that solves a specific customer problem in a new way.
After establishing yourself in the market, you can continue to innovate and improve your existing product.