There is no doubt that Oprah Winfrey is one of the most inspirational figures in the business and while not everyone can have her success, there are some business lessons you can learn from her business endeavors decades.
Here are my favorites
Success takes time.
Many entrepreneurs enter the business thinking they make enough money to start a business. by, establishment of business was not done overnight. It usually takes two or three years to build a strong foundation and make sure the business is sustainable on earth.
I use a term I call ‘TGFO’ ‘(Thank God for Oprah) because when it started Oprah Winfrey Network, It took about three years after her company ended. now, I turn to her as leader.
If taking about three years to Oprah, which has all the business resources of the world at its disposal, capital, admirer, good brand and more to a strong business, that means you will also take that long. Make sure you plan not only the business launch, but also its financial support and to yourself, for more than three years before knowing if there will be business success.
Self-promoters are often criticized. As someone who is often criticized by it, I answer. “” Good, if I don’t promote myself, Who will make it?
Oprah is known champion of this strategy. It has built its brand by itself, making yourself even the cover models in every issue of its magazine.
It holds its highly durable brand, and of course, Her promotion is successful, because almost everyone on the planet knows who she is. Take the example of Oprah and be prepared to promote yourself, business, your products and services consistently.
Works with great talent.
While Oprah mastered the art of self-promotion, it also surrounded herself with good people. Not only does it work best from the inside, says Adam Glassman, Her creative manager for The Oprah Magazine, but it also began with the career of designer Nate Berkus, self-help teacher Dr.Phil, personal finance smartest Suze Orman and many others .
Working with these great talents, it is capable of expanding what consumers give in terms of content and products. Make sure you want greater talent, As employment or even collaboration, to take your business to the next level.
Ability to get the best deal.
Oprah has always been a master of similarity. When it became clearer bigger picture on television, instead of re-negotiating her salary, it negotiated the wealth of the program, including the studio that produced and part of its distributor. That’s what helped him become billionaires.
When she decided to become a spokeswoman for Weight Watchers, it also had a stake in the company, and eventually shares rose while its weight dropped.
Creating a good deal has the hallmark of Oprah from which you can learn. See where it can be improved to fix the long-term value and your health.
You can’t think of Oprah without thinking of her gift stuff. “You win a car”! It continues as the ” parent ” of favorite websites even after many years that happened in her show. Her donation strategy has a lot of enthusiasm, not only for people who have benefited, but whoever hears it.
While you probably won’t donate cars or some of “your favorite things”, you may be able to give samples of new products or services to customers. Or, start offering free advice to new customers.
Whatever you give, make sure you create enthusiasm for your customers, for the company and your brand.