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Build a profitable business- the baby steps part 36

Pursue long-term valuation, not short-term profit. Think balance sheet, not P & L. Winning enterprises can always be recognized by what their golas are. What are they pursuing? Are they…

June 11, 2012No CommentRead More

Build a profitable business- the baby steps part 35

We have often thought about how different many successful entrepreneurs are compared to the ordinary guy. Many can come across as very intense when they want something. Most are willing…

June 9, 2012No CommentRead More

Build a profitable business- the baby steps part 34

Travel. There are few things that we enjoy as much as travelling. It is truly a blessing to be able to go on a trip to a place you haven´t…

June 8, 2012No CommentRead More

Build a profitable business- the baby steps part 33

Resolve quarrels quickly. If you want to be able to make it as an entrepreneur you are going to have to find a way to resolve quarrels quickly. The quarrels…

June 8, 2012No CommentRead More

Build a profitable business- the baby steps part 32

Think outside of the box. We have found that one of the common traits of great entrepreneurs is their ability to find the brilliant but less obvious solution to a…

June 6, 2012No CommentRead More

Build a profitable business- the baby steps part 31

Don´t do business with losers. This may sound really harsh. But ir is advice with the best of intentions and it will save you a lot of headache and money.…

June 5, 2012No CommentRead More

Build a profitable business- the baby steps part 30

Trust your gut. When we were younger we once met an experienced entrepreneur who listened to our pitch, had a lunch with us and finally shook our hands. Appearantly…

June 5, 2012No CommentRead More

Build a profitable business- the baby steps part 29

Similar incentives. Whenever you put a group of people together and try to organize them in some way, you will notice the extremely different personality types of that group. And…

June 4, 2012No CommentRead More

Build a profitable business- the baby steps part 28

Know your taxes. Taxes are one of the biggest costs, if not the biggest cosst of your enterprise. While we certainly don´t advocate any illegal or unethical tax dodging we…

June 3, 2012No CommentRead More

Build a profitable business- the baby steps part 27

Self-promote. Whether you like it or not, if you are an entrepreneur you probably have to think in terms of self-promotion sooner or later. While we do not enjoy it, there…

June 1, 2012No CommentRead More