New Delhi, April 29 -- Considered a powerhouse in American business Diane Hendricks is the driving force behind ABC Supply and the richest person in Wisconsin. The billionaire businesswoman and conservative political donor advocates that one should talk to successful entrepreneurs to avoid pitfalls during their entrepreneurial journey. Her business philosophy is built on personal grit, learning by doing and the effective method to navigate through extreme adversity.

Quote of the day by Diane Hendricks: "Talk to successful entrepreneurs. Learn about what they've experienced so you can avoid some of the pitfalls that come with wealth"

This quote implies that the main challenge for someone wanting to become a successful entrepreneur is the...