1. Q: What has been the most important thing you have learned over the span of your own entrepreneurial experience?
A: "I think that the 'cash is king' colloquialism has proved to be the most important. Growing up, you hear the term "cash is king" as a fundamental principle for any company but you never really realize how important it is until its your own company in your hands. It's especially important to have extra cash reserves on hand in case of any times of financial hardship in your company's future. There's no worse feeling than needing more cash for your company, but realizing you didn't plan accordingly. 'Cash is king.'"
2. Q: What do you think it actually means to be an entrepreneur?
A: "In it's simplest sense, entrepreneurship is a lifestyle. You really have to want to get up every single day and strive to take your company to new heights, even in the face of daunting obstacles. As a business owner, new obstacles arise every day that I have to overcome before the next one pops up! Being an entrepreneur takes resilience and determination."
3. Q: What personal skill of yours most benefits your company?
A: "Well, I think that maintaining outstanding relationships with your customers is crucial to the success of your company. I always try to stay close with my customers because you never know who's going to call your phone with another job for your company to start on. A couple hand-written holiday cards can go a long way in the business world."
I enjoyed receiving life lessons from Mr. Davis on how to hone in on my entrepreneurial skills and maintain a dedicated mindset to continuously focus on improving your main concept or central idea. In Mr. Davis' case, he focuses on ways of expanding his insurance restoration company during natural disasters and other times of need. My interview with Mr. Davis helped me to focus on the business plan and outlook, customer satisfaction, and the experience.
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