The simplicity of checklists (I)

Being organised is a significant step in the right direction when it comes to succeeding in business. Checklists are powerful tools to help get anyone focused. Personally I start every day with a checklist broken into three categories:
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Expansion is great but can you afford it?

Expansion is considered the natural route for most businesses to take. As the business grows and becomes more successful it attracts more customers, and it needs more staff to service the customers and larger premises to house the staff. But expansion can be a real trap if you haven’t got the money behind you to fuel the expansion.
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Get the best professional advice possible (II)

I know I am generalising here, but it is a broad subject with a multitude of varying scenarios, however, I found this general openness to getting good advice a sound idea. Getting the best professional advice is a smart move and one that will pay for itself many times over. I wrote earlier about getting a professional to write your Business Plan, mainly because they can look at your business with...
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Get the best professional advice possible (I)

As I mentioned in the introduction to this book I am fortunate enough to spend a lot of time talking to many financially successful entrepreneurs in a multitude of different businesses from around the world on a regular basis.
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Learn to let go—if it doesn’t work move on (II)

Most people stay out of uncertainty of what to do next. This is often the reason people are resistant to change in general. If a business situation or relationship is no longer working, be prepared to let it go and move on to your next challenge. Don’t lament it—but learn from it. It is a time to get excited because your next opportunity is just over the horizon. Likewise it may be prudent to...
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Learn to let go—if it doesn’t work move on (I)

I have a close friend who would best be described as a serial entrepreneur, having succeeded at a host of business ventures including large-scale property developments, telecommunications, information technology, exporting and primary produce to mention just a few.
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Find a mentor—but make it a good one

Having a business mentor is a great idea and most successful entrepreneurs either have indirect mentors (people they model their own business philosophy and ambitions upon) or a direct mentor who helps them through their day-to-day decision making.
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