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Monday, November 6, 2017

10 BUSINESS TIPS TO CONSIDER

  1. Do one thing perfectly, not 10 things poorly. 
  2. Businesses built around your strengths and talents will have a greater chance of success.
  3. Always be ready to pitch your business. State your mission, service and goals in a clear and concise manner. Fit the pitch to the person. Less is always more.
  4. Surround yourself with advisors and mentors who will nurture you to become a better leader and businessman. 
  5. Your wallet is your company's life-blood. Practice and perfect the art of being frugal.
  6. Never jump right into a new business without any thought or planning, but don't spend months or years waiting to execute.
  7. Find ways to prove your business model on a shoestring budget.
  8. Entrepreneurship is a lifestyle, not a 9-to-5 profession.
  9. Know when it's time to walk away. If your idea doesn't pan out, reflect on what went wrong and the mistakes that were made.
  10. Failure is not inevitable. A true entrepreneur will prevail over adversity.




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