Advice From Some Of The Most Successful Entrepreneurs In The World
I recently read an article from INC.com that grabbed short excerpts of advice from successful business owners. It was interesting to see all of the different responses. Ironically, many of them were contradicting. Below are a few points that I consolidated for my business endeavors.
Make sure to pay your bills on time but DO NOT let credit run your life. Cash will ALWAYS be KING.
SEEKING INVESTMENT
Only take an investment if you truly need it. If you do decide to take in capital be sure to start making your own revenue from your business first. You will be easier to evaluate, you won’t give away most of your company, and you won’t burn your investment before you’ll need more to survive.
EXPENSES
Patience is a secret to success. Before starting your business it is best to save up your own money before starting. Even when you do start to see large profits still keep your expenses low. That is how you accumulate wealth.
I hope this info helps you like it did for me. I wish all the best of luck.