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Sam Jacobs on Why Early Entrepreneurs have a Better Chance at Success

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Millennials are digital natives, risk-takers and have no qualms in pursuing their passion, and that is what makes so many youngsters to follow their entrepreneurial dreams, early on. e-Commerce Entrepreneur and CEO Sam Jacobs is all of 18 and is leading the Drop-Shipping game with his obsession, speed and hard work. With 79.5K followers, the young Instagrammer has made over $1.5 Million through his three e-commerce websites in less than one year’s time. He’s used social media in creating a loyal base of customers as well as budding entrepreneurs who want to follow his footprints.

Twenties or even early, as is the case with Sam Jacobs, is the right time to adopt the new technologies. Early entrepreneurs have an edge over their olden counterparts in learning new tools, adopting new platforms much more faster. They are open to exploring new avenues and experimenting with newer ways of generating more business.

In Sam Jacobs words, early entrepreneurs are people who see themselves as ‘Future Successes’. They set the self-doubt and doubters aside. At very initial stages of their entrepreneurial journey they learn that their everyday ‘Hard-Smart Work’ will pay off and success is bound to follow. Sam’s plunge in entrepreneurship was not without doubters, however, he had his goals clear and effort just in place.

As per Sam, early movers have better success rate as they can devote their 100%. Millennials have the potential to change their life by breaking through their past and aiming for the next level. The zeal to live a lifestyle of their choice and be their own boss is key driver for young entrepreneurs. Sam is an advocate of giving ‘All In’ to succeed at what you do and states, “Day by day coming and going, and whether or not you are using every second of it will decide how the rest of your life will look like.”

Entrepreneurship is exciting, however, it has its own set of ups and downs. The risk-taking ability of millennials gives them an upper hand to benefit from risk-reward aspects of business. Perseverance and passion are other two traits that help early entrepreneurs stick to their plan and succeed eventually.

Early entrepreneurs are growth hackers and want to see results soon. They do not hesitate to learn the tricks of the trade from people who’ve been there and done well. These people are open to learning and take lessons from failures of others, without burning their own capital with ‘trial and error’. Energy and enthusiasm is another factor that makes young entrepreneurs achieve success. “Work till your results speak for themselves,” sums up Sam who’s worked tirelessly till 4am on most nights early in his entrepreneurial stint.

Lastly, gone are the days when businesses were run solely with the purpose to earn money. Today entrepreneurs want to make an impact on the world around them and that’s what makes them successful as the run up is not for money, but for real-world problem solving.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Lifestyle

Powerful Corporate Gifting Strategies to Build and Strengthen Business Partnerships

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If you want to build and strengthen business partnerships with your clients and top investors, there are a few key steps you must take. One essential strategy is corporate gifting. This simple act goes beyond building a partnership. It will also increase your customer retention rate and promote your business even beyond the shore of your country. 

But before you consider gifting any item, there are some strategies to put in place. This will ensure your gift makes a lasting impression and resonates well with your clients. Below are powerful corporate gifting strategies to build and strengthen business partnerships with your clients and top investors. 

Choose a Personalized Item 

Rather than choosing an ordinary gift for your clients and investors, opt for a personalized item. Customised corporate gifts such as T-shirts, coffee mugs, and bags create a stronger emotional connection than generic gifts. They also leave a more lasting impression than most other gift types.

Imagine how investors and your clients will feel when you beautifully inscribe their image or favorite quotes on a T-shirt. Of course, they will feel valued, appreciated, and ready to invest more in your business.

Consider Their Culture and Background 

As an entrepreneur, it’s essential to be culturally competent and sensitive. Your gifts should resonate with your clients’ and investors’ cultural backgrounds. Otherwise, they may be quickly discarded or overlooked. If your investors and audience are predominantly of Black heritage, consider giving them a custom T-shirt featuring a map of Africa or inspirational quotes from iconic Black leaders. 

Their religious beliefs are also important. Specific religions may find some images or symbols inappropriate. For instance, if you’re giving a gift to a Muslim investor, avoid designs that include images like pigs, as they are considered offensive in Islamic culture.

Consider a Functional Gift 

You should also consider the gift’s functionality. A gift that can be used every day will be more valuable than an impractical one. Even if the gift is expensive but doesn’t have any functional purpose, it won’t serve the purpose it was intended for. 

Instead of purely sentimental keepsakes or abstract gifts, consider practical items like pens, notebooks, backpacks, coffee mugs, umbrellas, or water bottles. Just make sure the gift is well-designed and features your brand logo and identity. This not only increases brand visibility but also helps strengthen the connection between you and your investors.

Tie it to a story

Tie your gifts to a story to make them more memorable and emotionally meaningful. For example, if during your business’s early days, your employees always worked tirelessly day and night, you could opt for a custom hourglass. Clients and investors who receive such a gift will appreciate your business’s journey of patience and perseverance.

Offer Quality Gifts

Gifts given to investors or clients who have significantly contributed to your business growth should reflect their value. They shouldn’t be cheap or low-grade items. The gift doesn’t have to be trendy or widely popular, but it should come from a reputable and high-end brand. This will give your gift more credibility. Besides, the recipients will feel comfortable to use the gift among their colleagues.  

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