In the video below, Alex Chang of One Technologies offers some very straightforward and applicable advice on how to how to run a successful company, as well as how to be an effective entrepreneur in general.
Alex started Dallas-based One Technologies in 2000 with his brother, Roger. The company provides online marketing services and products in the direct-to-consumer credit monitoring industry.
Since 2000, Alex has amassed considerable entrepreneurial experience to share with others who are hoping to start their own companies. He says one of the biggest challenges he faced was finding a viable business model, as he and Roger went through several before landing on the one that finally worked for them. His advice? Just be willing to iterate quickly until you find the right model so you can put all your focus on it.
Another sound piece of advice Chang offers is to refrain from being a selfish entrepreneur. It’s not about doing what is best for your personally, it’s about doing what is best for your company.
However, Chang’s most important advice for success might surprise you in its simplicity. Watch the video below to see how it helped him take his company from the $1,800 he initially invested in One Technologies to the $200 million in revenue it currently generates each year.Subscribe to Tech Cocktail Sessions on iTunes and never miss a Session –
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