Professor Erick Mueller is the Executive Director of the Deming Center for Entrepreneurship and an adjunct professor of strategy, entrepreneurship, and operations at the Leeds School of Business. A lifelong entrepreneur, Erick is dedicated to helping new entrepreneurs, and business owners start and grow their businesses.
In this episode, Erick talks about how to apply the lessons he’s learned to the current moment and business landscape.
You don’t have to do it alone
[00:08:42] I recommend to everybody is, don't be afraid to ask for help and, and, and, leverage those who really care to help you with your venture and your idea.
Learn from others’ mistakes
[00:09:53] The number one reason that businesses fail: they haven't really created enough value and delivered on what customers are really excited to deliver on. So the solution to that is you just have to talk to more and more people, learn what their desires are, what their excitements are and adapt and incorporate that feedback into your product.
What successful entrepreneurs have
[00:15:05] They're excited. They're passionate, and it's almost like oxygen to them to really run and operate this business. From that place, they will figure out solutions to problems that arise, and that passion and excitement will get them through the challenging times.
Profile at Leeds School of Business