User:Jaber alahmed/sandbox

Biography
It’s no secret that to succeed as an Entrepreneur in today’s economy there is no magical formula to running a successful company. It takes hard work, patience, faith, business stamina, mindset and knowing the industry of your business. Knowing where to invest your money and get a return on your investment (ROI) can also be challenging. We are writing this article to talk about an Entrepreneur Jaliel Thompson who runs a successful chain of businesses that together produce 7 Figures Annually. According to Dun & Bradstreet, businesses with fewer than 20 employees have only a 37 percent chance of surviving four years and only a 9 percent chance of surviving 10 years. This made me consider why some small businesses succeed while others do not. Some may be a result of the experience and skill of the founder or startup team while others are heavily influenced by market factors, such as timing or chance. Jaliel Thompson is an Entrepreneur with over 20 years’ experience running a Coaching Business, Real Estate Company, Network Marketing Company, Investment Company, and Clothing Company. He recently added to his portfolio of businesses and joined a Billion Dollar Network Marketing Company in which he had expediential growth and was offered a role to train other aspiring entrepreneurs the principles of wealth building. “The right way to build wealth is to have passive & residual income.” Thompson says. Thompson now shares those same wealth principles.

Early life
1. Run your Business like a Business Your time is their money so be efficient. Many agencies use heavily designed presentations to report results or recommend strategies then bill the client thousands of dollars for design services. I typically supply these items in simple but detailed Word documents at no extra charge. Additionally, if there is a miscommunication, leading to either work done incorrectly or outside of scope, I swallow the cost of the extra work. I consider this an investment in our relationship and a learning experience. 2. Your Network = your Net worth This will help you generate new business opportunities. When the Great Recession hit several years back, many of my client contacts were laid off. I devoted several hours each week to help place talented PR and marketing professionals in new positions. While this support was offered out of genuine concern for my colleagues, it has paid dividends with several new business opportunities coming from these past clients and colleagues. Additionally, many of my former team members remain friendly and in contact as part of my business community. Some of my best client referrals have come from past employees. 3. Assemble a strong support team of talented professionals. It takes a village to run a business so assemble a strong support team of talented people. It is a pleasure and a professional asset to know a lot of talented people. I’ve built a modular team with experts dedicated to working with me on each client engagement. To make sure we are leaving no important ideas and opportunities on the table, I often reach out to other experts I know for functional expertise related to specific industries and business situations.