1) Always take records, when it comes to a business your records are what will vindicate you, running a business without keeping a record will put you at a disadvantage because you won't know or differentiate the inflow from the outflow.
2) Only hire smart people, you should be generous with the pay to attract smart people but you should always hire the best if you can find them.
3) Learn from experience, as a business owner try as much as you can to learn from experience and not from books, your experiences are the only truths, business books are highly subjective.
2) Only hire smart people, you should be generous with the pay to attract smart people but you should always hire the best if you can find them.
3) Learn from experience, as a business owner try as much as you can to learn from experience and not from books, your experiences are the only truths, business books are highly subjective.