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(Video) What Every Entrepreneur Can Learn From Steven Spielberg

Joel Brown (Founder of Addicted2Success.com)

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If you once watched Jaws, Jurassic Park or E.T then you would have witnessed the birth of the hollywood blockbuster trend conceived by no other than Steven Spielberg, who’s name has been everywhere this year with the new release of his amazing hit movies “The Adventures Of Tintin” and the most talked about movie of 2012, “War Horse“.

Steven Spielberg has more than 40 years of groundbreaking work under his belt and has influenced countless other directors and the many films he’s made throughout the decades are testament to his perpetual drive for success. Although the majority of his career is primarily involved in cinema, the qualities that have helped him succeed can also be applied by you in the world of business.

 

What Entrepreneurs Can Learn From Steven Spielberg

 

1. Stay On Your Toes

Complacency is one of the mortal sins of being an entrepreneur.  If you want to stay fresh and relevant, you always need to keep your eyes open and learn to adapt to new threats and situations.

When Spielberg directed jaws, he encountered an endless variety of technical problems which bogged down production. In fact, many of the cast and crew famously complained about how excruciatingly slow things were moving along because of the technical difficulties.

However, Spielberg is well-known for being able to think of solutions on the fly and make best of the situation at hand. Jaws went on to become one of the most successful films of all time and won three academy awards.

 

2. Be Willing To Make Mistakes and Learn From Them

When Spielberg started out, becoming rich and famous was the farthest thing from his mind.  When he directed his first independent film Firelight in 1963, he made a total profit of US $1.

He didn’t intend to make a pretty penny from this endeavour but instead did it for his own artistic growth.  It might have not won any awards, but he used this experience to learn from it.

In the same way, entrepreneurs need to be open to the reality that they will make miscalculations at the beginning.  However, this won’t be in vain because mistakes can be our greatest teacher.

 

3. Don’t Be Afraid To Get Out There

When you’re starting out in business, don’t expect a bunch of clients to rush to your doorstep.  As the saying goes, you need to be willing to pay your dues before seeing a measure of success.  That’s why people need to know who you are, what you’re selling and why should they spend their hard-earned cash on your business.

Steven Spielberg started his career as an unpaid intern at Universal Studios.  He knew that he had to put himself right in the middle of the industry he wanted to succeed in – even if it meant not earning a single solitary cent for the meantime.

What entrepreneurs can learn from Steven Spielberg is that even today, he still makes it a point to sell what he has in order to continue his success.  As a matter of fact, it was even rumoured that he took Will Smith on a helicopter ride to his home just to pitch the script of Men in Black.

 

4. Do What You Love and Take It Seriously

If you want to succeed in anything that you do, it has to come from a deep wellspring of inspiration.  A lot of Spielberg’s films were influenced by the early childhood experiences that resonated deep within him.

For example, the young characters in the movie Super 8 mirrored Spielberg’s own enthusiasm for film making during his early years.  In the movie, the children used a cheap handheld camera to make crude home movies that made use of flimsy toy sets for certain scenes.  Spielberg himself also did this as a kid.  He used toy train sets to depict disaster scenes for his 8 mm movies.

His Jewish heritage has also profoundly influenced his work, such as Schindler’s List.  As a boy, he experienced being harassed by other kids in his school for being a Jew.  His feelings for anti-Semitism are clearly shown in his movie about the Jews who were persecuted during the holocaust.

 

5. Fear Is Only A Word

Spielberg has faced a lot of setbacks and obstacles throughout his career.  He probably didn’t have the answers all the time, and couldn’t see the end result of what he was doing, but he never let the fear of the unknown get in the way of his success.

If something goes wrong, he doesn’t blame others and takes responsibility for what happened.  Instead of backing away from his fears, he chooses to embrace them.

Any successful entrepreneur will tell you that making it in business means that you have to believe in yourself as well as the products that you carry.  Otherwise, it will be easy for you to get distracted and stray from the path you’re on.

Although the initial concept inspired you to get started in the first place, the other half of the equation lies in your willingness to follow through with your vision.  You might not know all the variables and you can’t control everything, but sometimes you just have to go with it and hope for the best.

 

6. Exploit Your Weakness And Turn It Into An Advantage

Steven Spielberg was an outcast at school. He was a loner, and has very little friends. His solitary world led him to turn into an imaginary friend an extra terrestrial being who would become the inspiration to one of Spielbergs most unforgettable films – E.T. His unhampered imagination was later the key for his uncanny skill to tell a story behind a camera. Instead of hiding behind his weakness, he began to use it as front for recognition.

This made for the making of a legendary film maker. What can we learn from this? Use flexibility and customised service as your marketing pitch if you are a small company. This can easily catch your big competitors off guard. If you are seen as an irrelevant competitor that can be and advantage for you and your business.

 

7. Do Not Stop Dreaming, Keep On Innovating

Spielberg has been in the industry for decades and yet it seems his magic touch for movies that rakes in profits and critical praise did not erode one single bit. He was quoted saying “Once a month the sky falls on my head… and I see another movie I want to make”. Spielberg simply does not stop thinking about film ideas, he is not afraid to venture into other genres. He takes risks, innovates his style, and fits right in to the emotion of the films that he make. What you get is solid entertainment from heavy drama movies like Schindler’s list, to directing realistic, fast paced combat sequences in Saving Private Ryan. Do not stop making your products or services interesting. Entrepreneurship is all about staying on top all the time.

 

8. Build A Solid Brand That Will Last

Success in entrepreneurship is all about gaining and maintaining the trust of your clients. Spielberg gives his all, whether he is directing or just producing a movie.

Since Spielberg started in the movie industry, he was very careful in the projects that he chose to pursue. Some of them failed of course, but most of them were a hit. This made his name familiar, a simple yet significant seal of movie making excellence. Every time you see his name on the credits, you just know the movie is special, it is good one way or the other. His name simply became a say-nothing-more marketing pitch for movies. If he is on it, the movie must be really good. Back your business up with a good reputation, a name that represents perfection.

(Video) Steven Spielbergs Advice On Making Your Dreams A Reality

 

In the end, what entrepreneurs can learn from Steven Spielberg is the simple fact that one has to persevere long enough to eventually master what they’re doing.  Spielberg didn’t spend all his time reading theories on film making because he knows that unless you’ve tried it yourself, you won’t really know what it’s like.

 

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 200 million lives in the last 10 years.

Success Advice

How Your Friends Determine Whether You Succeed or Not

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Can anyone do without having friends? We all have our friends, we share ideas with them, talk together, have fun, and fight. Yes, that’s the baseline of friendship. But, do you know that aside from you, your friends can determine whether you achieve success or not?

There are two things in friendship which are the ability to ”love” and the ability to “influence”. This means you are loved and you are influenced. How do your friends affect your success in life? How are they one of the biggest deciding factors of your success? Let’s find out.

What type of friends do you keep? 

First, what type of friends do you keep? Who do you call your best friend? There are two different kinds of friends, good friends, and bad ones. A lot of people have lost their pathway to success and some have also found their road to success all because of the friends they keep, the people they mingle with. 

Who is your best friend? Answer carefully. Having a best friend means you find each other compatible and understanding. Analyze who your best friend is. If your best friend has not motivated you to do something positive, if who you call your bestie has never given you positive advice, lastly if your best friend has never informed and advised you on your shortcomings, then you don’t have a best friend.

This quote tells us “birds of the same feather flock together”. Countless people have changed from their good nature into a bad one all because of friends. One thing to note is, “negative people move with negative aura”. If your best friend is filled with negativity inside-out then you will surely be affected by his/her negative aura.

They influence your success with positivity or negativity 

The friends you keep can either influence you with positivity or negativity because your friends have the power to change your kind of person completely. 

This is how your friends influence you:

  1. They influence you indirectly with what they do
  2. They influence you directly by teaching and giving you advice 

Yes, that is how they influence you. For instance, you watch a movie and you like the way the actor walks. The question is if you truly like the way the actor walks, won’t you try to imitate the actor? Of course, you will.

Just the way you imitate the actor is the same way your friends can influence you with their character. However, the funny part is, they don’t have to teach you to do things like them. You just find yourself imitating and copying them gradually.

An important question to ask is, are you imitating a good friend or a bad one? If you imitate a good friend then you will be good, but if you imitate a bad person, you will surely become a bad person.

Everyone wants to succeed, a good friend will always teach, enlighten, and motivate you for success. A bad friend will only motivate you to do evil things (smoking, drinking, fight, envy,).

And you should know that things like that are a great enemy of success and even of God. So, if you have these bad elements in your life, how will you achieve success? There is no way!

And also, they can teach and advise you directly. But, what do your friends teach you? When you ask them for advice do they inspire you positively or teach you the bad stuff.? A lot of people have regretted lifelong decisions just by listening to the advice of friends. 

The company you keep has the power to influence and change you. Never forget that a positive influence will teach, motivate, and brush you up for success. While a negative influence will inspire you to become a bad person, change your good nature, and leave you with regrets in the end.

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The 3 Step Process to Building a Profitable Pitch

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As a communication coach, one of the top questions entrepreneurs ask me is how to deliver a winning pitch to potential investors. They want to know if there’s a magic formula to get an investor to say yes and buy into their dream and their business. (more…)

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The 4 Pillars of Wealth and Abundance

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Have you ever wondered what the formula for a wealthy and abundant life is? Many people have. Lots has been written about the subject of wealth creation and living an abundant life. It was a breaking point in my journey and pursuit of success when I found out that there is a clear path to achieve success in life. Thanks to those who have shared their journey, we can clearly see and follow the principles of prosperity. (more…)

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Here Are 4 Reasons Why You Should Have a Podcast, Youtube Channel or Online Show

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Confidence comes from a place of strong understanding of self. After close to three years on radio, I’ve grown from a shy introvert to a shy introvert with an extrovert persona. When the mic is turned on, I can channel a version of myself that some say is attractive, strong, and of course, confident but it wasn’t always this way.

What I want to share with you is what I discovered on this journey into broadcast that you can apply to your life, your ventures, and your personal development. This doesn’t require any fancy gear. It does require a leap of faith on your part because once you go down the road of media; it can change your life.

1. Perceived Expertise

When you go to a doctor, you expect their knowledge will guide them to a solution to your problems. When you have a show, you become your listeners’ doctor. For all the multiple thousands, maybe millions, of YouTube channels, podcasts, and user-created content in the world, each person that gets behind a mic takes a position on their passion, their opinions, and their themes.

They challenge the status quo for the benefit of their listeners in hopes to entertain and educate. With consistency on your side, those fans place you on a platform and give you permission to influence them.

2. Global Acknowledgement

One of the benefits to increasing confidence is when you receive thank you notes from people you may never meet. The feeling of enriching someone’s life from halfway around the globe, provides validation you’re enhancing someone else’s life with your wisdom and your wit.

The very first time I was told I was making a difference in someone’s life in a country other than my own, I felt like I caused massive impact that transcends my circle of influence. When you experience just how much you can cause impact and it comes back to you, it’ll change your worldview.

“Be grateful for what you have and stop complaining – it bores everybody else, does you no good, and doesn’t solve any problems.” – Zig Ziglar

3. Backed By Numbers

One of the most exciting ways to measure success is to quantify your growth. It’s not enough to just broadcast. Having subscribers and downloads helps to know, numerically, how well you’re doing. Word of caution. This can be a way to set yourself up for distress because of number envy but if you understand what the numbers mean; you can control the narrative of the numbers.

The major number that makes most people smile is 10,000. I’d advise it to be 1. Here’s why. As you grow in your industry, so does your reach. If you learned that the one person that subscribed totally changed for the better because of you, wouldn’t that be worth the effort?

4. Effective Communication

While it’s not talked about much, having a show is documentation. You create a dynamic account of your life, your industry, and the pulse on what’s important simply by having a show. When you find a channel to improve your communication skills, you demand attention and people will listen to you. You become more trusted as a leader and people will follow you once they believe you can lead them to their wants and needs.

“To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.” – Tony Robbins

These insights have helped many people become leaders and, ultimately, move others to their best selves. It’s worked for me and I hope it works for you. At the end of the day, it’s all about showing up and showing out.

Have you ever thought about having a radio show? If so, what would you talk about? Let us below!

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