Entrepreneurs On Fire, an award-winning podcast that interviews inspiring entrepreneurs, featured Evan Goldberg, who is currently responsible for strategy and product development at Oracle NetSuite Global Business Unit.
At this point, Evan shared some useful ideas and advice for entrepreneurs. Here are the main points covered during the interview:
A little about who Evan Goldberg is.
Evan, prior to Oracle's acquisition of NetSuite, was CTO and Chairman of the Board of NetSuite, and co-founded NetSuite in 1998. He spent eight years at Oracle Corporation, where he served as vice president.
When he worked at Oracle, he was involved in a variety of projects, all focused on making the powerful database technology more accessible to users.
When he left Oracle infrastructures He began working at mBED Software and built innovative website technology. Goldberg holds a bachelor's degree in Applied Mathematics from Harvard College.
3 Tips from Evan Goldberg for Scaling Your Business
- Stay true to your vision. Stay focused as much as you can. There are always opportunities. Some will bring you closer to success, and others will take you further away. Decide which opportunities you will pursue, always thinking long-term.
- People are settling into new routines. We know there are many opportunities that have gone unmet by companies in the past.
- For each business, go back to your customers and see how their lives have changed since the pandemic began.
Evan also shared something he believes about becoming successful, which most people disagree with:
Conventional wisdom holds that when you're making a product or service, you'll find problems your customers have that you want to solve, and a linear passion for what the best ways to solve them are.
Your competitors will have the same answers. Always strive to do things differently; if you don't, you'll be stuck in the ordinary, undifferentiated world, where the competition will undoubtedly be greater.
We know that sometimes you have to think completely outside the box to figure out how you can truly stand out in today's highly competitive market.
What were Evan's motivations for becoming an entrepreneur and starting NetSuite?
He was trying to figure out how computers could improve people's daily lives in general.
Entrepreneurs spend a lot of time building their businesses. That's when he thought of ways to make that whole process easier.
How does Oracle NetSuite solve the problems of entrepreneurs?
One of the defining characteristics of Oracle NetSuite, since its inception, is its complete flexibility and adaptability to customer needs.
All the features of the Oracle NetSuite platform allow partners, developers, and individuals to implement solutions within a company easily and quickly.
However, with Oracle NetSuite ERP, companies gain access to a complete solution, developed for a rapidly growing business.
How to identify high-octane growth opportunities for your own specific business.
We know that the best source of feedback and new sales is your existing customer base. Find out what you can do for them. Contact them in an organized and consistent manner.
Another important point is to constantly check in and observe your customers using your products and services. See where they encounter difficulties and what is easy to do; this will be the best way to promote improvements and updates to your products and services.
Evan's advice for companies that are hungry for growth.
Currently, there is a lot of turmoil throughout the market. People are still figuring out what the new normal is, they are in the process of changing their habits and routines and thinking about what their future will be like.
For every business, it's important to analyze with your customers what has changed in their lives since the beginning of the pandemic; this will have a major impact on your business.
People are settling into new routines. There are many opportunities that have gone unmet by companies in the past, and they are there for any company to develop products or services geared towards these latent needs.
How to promote the growth and scaling of startups without losing what makes them special and unique.
The challenge is to make your company feel small in the way you need it to, while still being at scale.
Constant communication with the entire ecosystem is important and embodies the company's rich history.
Promote the values you want to uphold as an entrepreneur. Conduct a detailed analysis.
Values can include diversity, inclusion, hard work, respect, teamwork, empathy, and much more. Know that everyone in the company wants to see leadership applying these values in their daily work; this will be easier if these are values you truly believe in and whose actions you embody.
What opportunities are available now that didn't exist before?
Multitasking as an organizational tool. Many industries have begun delivering their products in new ways to adapt to a new market reality, and this will be a constant in today's market.
More important than ever, it all comes down to flexibility in business and in all operations.
Customers and businesses need more flexibility than ever before to thrive in today's market. This flexibility and adaptability will be a hallmark of all businesses and the current market. There will be no room for companies that fail to become more flexible and adapt to the new market realities.
Key differentiators of Oracle NetSuite and how this platform helps entrepreneurs worldwide scale their businesses.
Oracle NetSuite ERP has a dashboard with all the information you need on a daily basis to help you grow across your entire sales pipeline, so you can focus on the vision and the people that will drive you to greater heights.
O Oracle NetSuite ERP It helps companies reduce uncertainty by providing real-time visibility and control over their finances, payroll, projects, inventory, and suppliers, from anywhere. Having insights into your business at your fingertips allows you to make smarter decisions with confidence.
Want to learn more about Oracle NetSuite?
Active Cloud Solutions is the main partner. Oracle NetSuite in South America, being responsible for implementing the most complex Oracle NetSuite projects.
We have a team of specialized and prepared consultants to provide all the necessary support for the development of high-quality and efficient projects.
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