A group of entrepreneurs spoke recently to students at the University of Dallas’ Satish & Yasmin Gupta College of Business. This series will highlight their best advice for those interested in starting their own businesses.
Founder & President
Meridian Business Centers
Meridian Business Centers has been a trusted resource for office space in Dallas and Houston since 2001 by providing premier office solutions at an accessible price. Their executive office suites, virtual offices, coworking, and meeting spaces offer considerable value with very low overhead to small businesses.
- While my friends were working for minimum wage, I painted addresses on curbs and made twice that much. I started my first business–a laundry service–in college. Now I own several companies, but my main focus is buying, renovating, and then leasing office space to small companies.
- Most people think you need do something nobody else is doing in order to be an entrepreneur. But that’s not true–just take something someone else is doing and do it better.
- Many people (especially younger ones) get caught in “analysis paralysis.” If you have an idea, just do it! I’ve talked to too many people that said they had always wanted to start something but never did.
- I failed a lot, but I always learned something. Don’t be afraid to swing and miss.
- Most successful people aren’t necessarily smarter or harder working; they just have confidence in themselves. They may fail, but they don’t care. They see everything that happens as an experience.
- Find your parents’ five most successful friends and ask them to meet with you. Find out how they got where they are and listen to what they tell you.