Randal Gindi Offers Helpful Advice to Aspiring Entrepreneurs

Are you an aspiring entrepreneur? It can be hard to know where to start, but there is an incredible community of American entrepreneurs out there who want to help you succeed.

One such entrepreneur is Randal Gindi of Brooklyn, New York. Gindi is an entrepreneur and real estate lead investor who has worked in a wide variety of industries. He has a keen eye for business and an impressive insight into market trends, which has served him well as he has moved from industry to industry. What his many years of experience have taught him is that there are certain habits entrepreneurs need to adopt in order to be successful. From getting outside as much as possible to not being afraid to say no, it can be difficult taking on the role of an entrepreneur, but there are a few tricks that can make the transition a little easier. Gindi offers his top six best pieces of advice to help aspiring entrepreneurs succeed.

Spend as Much Time in Nature as Possible

Most entrepreneurs could greatly benefit from spending time outside in nature. Spending even just one hour a day outside will allow you to unplug and recharge in ways you never thought possible. Especially right now, when many countries are in lockdown and entrepreneurs are working from home, getting fresh air is more important than ever. Randal Gindi of Brooklyn, New York, claims that many of his best ideas and business strategies have come to him when he’s been on a hike or run outside, with no distractions whatsoever. Spending time in nature can also be a grounding experience, providing you with some much-needed perspective and reminding you of your larger goals.

Hone Your Time Management Skills

Another piece of advice for aspiring entrepreneurs is to manage your time effectively. Time management is a skill that most successful business people have, but if you’re an entrepreneur, then it’s an absolute must. As the head of a business, you are constantly being pulled in every direction. Your to-do list is practically always full. This means that in order to get your work done — and to do it effectively and efficiently — you need to know how to balance your time. Randal Gindi regularly reflects on whether the work he’s doing is in line with his own and his company’s values. If he’s not spending the majority of his time on work that’s of value to his company, then he readjusts accordingly. Even with excellent time management skills, all entrepreneurs are likely to get bogged down from time to time, but honing these skills will prevent this from becoming your daily reality.

Don’t Be Afraid to Say No

Randal Gindi shares that it’s important for entrepreneurs to be able to say no when asked to do certain things. Both professionally and personally, your company needs to be a top priority. The reality is that you are going to be stretched too thin if you are accepting every social invitation or even every business invitation, you get. Your time is now more valuable than ever, so you’ll need to consider offers carefully. For instance, is the business opportunity one that really relates to your business or could benefit you? Alternatively, did the personal invitation to a party or dinner come from someone in your close circle of friends? Although you may not like it, as an entrepreneur you’re going to be much busier than you’re used to, which means that in order to stay sane and not be totally burnt out, you have to be able to say no.

Don’t Overstep at Networking Events

Networking can be a tricky thing. Randal Gindi shares that in networking, there is a fine line between talking yourself up and explaining what you do and giving a sales pitch. Whatever you do, don’t fall into the latter camp. Taking cues from others and knowing the social boundaries is critical at networking events. You don’t want to be that person who is too aggressive, always trying to sell you on their product or service. Instead, treat networking as an informal social gathering where you’re getting to know others in your industry. Ask questions more than you answer them, discuss the values that are important to you, but never try to overtly sell someone on your product or service.

Take a Page Out of the Books of Successful Entrepreneurs

If you’re an aspiring entrepreneur, then one of Randal Gindi’s best pieces of advice for you is to learn from the greats. Read up on the success stories of people like Bill Gates, Oprah Winfrey, Steve Jobs, Walt Disney, or Larry Page. These are some of the finest entrepreneurs in history, so one way to improve yourself is to examine where they started from and how they got to where they are today. Read their books, pour over their interviews, and imagine what it would be like to be in their shoes. There is no shame in taking a page out of any great entrepreneur’s book and trying it out for yourself. After all, while part of being a successful entrepreneur comes down to a great idea, the other part comes down to hard work, honing your skill set, and passion. When it comes to the latter, learning the habits and skills that others have adopted can be a great asset.

Don’t Shy Away From Risk

Randal Gindi claims that it’s a mistake for entrepreneurs to be risk averse. By nature, opening up your own business is risky and in some cases, you need to lean into that risk. In order to grow as an entrepreneur, taking smart, calculated risks is a must. You can bet that it will involve stepping outside your comfort zone; however, the payoff could be huge. Ultimately, being brave and believing in yourself enough to take risks, even small ones, will serve you and your company in the long run. All entrepreneurs should start small and eventually move to taking some larger risks as the business grows. All entrepreneurs should make an effort to learn from any mistakes they make. If you take a risk and it doesn’t pay off, it’s not the end of the world. Examine what went wrong and how you can avoid this outcome in the future. Then put it behind you and continue making smart decisions for your company.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes