15 Common Sense Tips For Entrepreneurs [Part 1]
"Are you a fool?" How exactly do you perceive that phrase? A question with a yes or no answer or an insult?. In truth, it's hard not to see it as an insult but the common sense reaction would be to think deeply on what prompted the question in the first place. Here are a few ( about 15 actually) tips for entrepreneurs to excel in their businesses.
1. Refusing To Make Financial Education A Priority:
Get updated or become outdated.
2. Refusing to act on what you know :
You must act it to become it
3. Investing in what you don't understand :
If you don't understand it, you can't stand it.
4. Ignoring a culture of saving:
If you can't save, you are not safe.
5. Investing outside your area of competence:
If you don't know it, you can't grow it.
6. Passing over opportunities repeatedly :
Take your chance or regret it forever
7. Putting all your eggs in one basket without owning the basket : Dangerous move !!!
8. Trusting the wrong people with your finance:
Wrong people, wrong results.
9. Choosing the wrong location :
Wrong location equals wrong allocation.
10. Allowing waste:
If your expenditure is greater than your income, your. upkeep will be your downfall.
11. Confusing smart work with hard work :
Smart work always outsmarts hard work.
12. Playing by the old rules:
Old rules don't give new result.
13. Disobeying the golden rule :
What goes around surely comes around.
14. Killing the goose that lays the golden egg:
Pay attention to your main asset.
15. Taking competition lightly:
Competition enhances creativity.
 |
| Common Sense |
1. Refusing To Make Financial Education A Priority:
Get updated or become outdated.
2. Refusing to act on what you know :
You must act it to become it
3. Investing in what you don't understand :
If you don't understand it, you can't stand it.
4. Ignoring a culture of saving:
If you can't save, you are not safe.
5. Investing outside your area of competence:
If you don't know it, you can't grow it.
6. Passing over opportunities repeatedly :
Take your chance or regret it forever
7. Putting all your eggs in one basket without owning the basket : Dangerous move !!!
8. Trusting the wrong people with your finance:
Wrong people, wrong results.
9. Choosing the wrong location :
Wrong location equals wrong allocation.
10. Allowing waste:
If your expenditure is greater than your income, your. upkeep will be your downfall.
11. Confusing smart work with hard work :
Smart work always outsmarts hard work.
12. Playing by the old rules:
Old rules don't give new result.
13. Disobeying the golden rule :
What goes around surely comes around.
14. Killing the goose that lays the golden egg:
Pay attention to your main asset.
15. Taking competition lightly:
Competition enhances creativity.
Comments
Post a Comment