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12 Things every business owner should know!

By Jim Connolly | October 24, 2014

Here are 12 pieces of advice I wish someone had told me, when I started out in business. I hope you find them useful.

  1. Be quick to forgive. While you’re holding a grudge, they are out dancing.
  2. Either you run the day or the day will run you.
  3. Become a better decision maker. Remember, the decision to be indecisive is also a decision.
  4. Always try to leave the people you connect with better than when you found them.
  5. Risk taking is underrated. If you win, you’re happy. If you lose, you’re wise.
  6. In the Google era, people can find 20 alternatives to you in 2 minutes. Embrace what makes you unique. That’s all you’ve got.
  7. Consider firing your worst clients. Then, invest the time you wasted on them, doing better work for your great clients. This works surprisingly well.
  8. Only take the easy route when it’s also the best option. Taking the easy route by default leads to nowhere worth going.
  9. Following the crowd is almost always the wrong thing to do. Warren Buffett has made billions using this simple concept.
  10. Spend as little time as possible with negative people. They sap your energy and if you hang around them long enough, they’ll steal your dreams too.
  11. Learn how to set and achieve compelling, measurable goals. It will improve your life more than any single business activity.
  12. If you really want the marketplace to trust you, show them… don’t tell. Talk is cheap.

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Hi! I'm Jim Connolly and I help small business owners to increase sales, boost their profits and build amazing businesses. Read more here.

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