Innovating Through Artistry

Top 10 Things Entrepreneurs Do and Know

In Accounting, Emotional Intelligence, Employees, Entrepreneurial Tool Box, Money, Risk on November 30, 2006 at 2:36 am

#10 Know when to stop and cut your losses and know when to pat yourself on the back for a job well done.

#9 When you have been hit hard, and knocked down, stand right back up.

#8 Know success is part financial, part emotional and part about a healthy lifestyle.

#7 Givers gain. Always go out of your way to be the first to help someone regardless of if there is something in it for you. It’s all about karma.

#6 Surround yourself with people who are smarter than you are.

#5 Hire people who are not like you, but bring different strengths to the table, that compliment your skill set.

#4 Cash flow is king. WIthout cash your out of business.

#3 Develop your instincts and trust them.

#2 Have a minimum of three and preferably a five year plan on paper including profits & loss and balance sheet projections. Remember: they are there as a “work in progress”, so you can change them as you progress along the way!

#1 Love the path you choose and passionately pursue it.

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