Running a business is like riding a bicycle.

Its hard to sit on a bicycle when its stationary. Much easier whilst moving. Same for a business. Keep your business moving Keep growing, keep selling, keep innovating. Otherwise your business may fall over.

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If someone says he’s just a simple guy, watch out

Beware the entrepreneur who puts forward an image of not understanding business. You’re dealing with someone who’s trying to lower your guard. When someone says, “I’m just a simple guy,” watch out. There are no entrepreneurs without street smarts. All entrepreneurs understand business. Not all entrepreneurs are honest. Rather steer clear of those that already start a relationship…

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If you sell today what you sold yesterday you’ll be out of business tomorrow

Keep thinking of new products. Keep adding value to your customers. Keep changing. Keep moving. Keep growing. If you’re not growing you’re a sitting duck. If you sell today what you sold yesterday you’ll be out of business tomorrow.

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Pay no attention to the competition

Some folks spend all their time worrying about the competition, watching what they’re up to, trying to outmaneuver them. Don’t be that way. The people that are obsessed about their competition are the people who don’t know where they’re going. The only way they can be find the path is to see whether others are…

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See things for what they are

Do you look at things for what there are? Or for what they worth? There’s a difference. The difference is what separates posers from the real deal. Forget about what things are worth. Ignore the fancy trappings. Look through it all and see things for what they are. Filter out the posers, find the real…

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Learn to dance in the rain

In business, there are times where everything will go wrong. Your partner will leave. Your customer will fire you. Your competitor will sure  you. It will feel like you’re standing in a thunderstorm, alone and without an umbrella. That’s when you need to start dancing. Figure out a way to have fun amidst the bad…

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A snake is still a snake, no matter how many times it sheds its skin

People can change. But a snake is a snake. When you identify someone without integrity, get rid of her. No matter how many times she promises to turn over a new leaf, she will revert to type. A snake is a snake, no matter how many times it sheds it’s skin.

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Don’t park in the disabled parking spot

If you’re an entrepreneur, you’re taking risks. Big risks. So why would you park in a disabled parking spot (unless you’re disabled)? You’re just tempting fate. Not only that, but other people will see you. Very few people respect able-bodied folks that park in bays reserved for the disabled. If you’re not respected, how do you…

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There’s a difference between being friendly and being friends

There will be times where you must have hard conversations with your staff Hard conversations are not possible with friends. You can’t be friends with your staff. By all means be friendly. Go for company drinks, hang by the water cooler, ask after their private lives. Be friendly. Don’t make friends.

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In a multiplicative system, you’re only as strong as the weakest link

1000 x 45 x 37 x 0 x 789 = 0 The presence of a zero in this equation renders the entire result as zero, regardless of the size of the other factors. This applies to all multiplicative systems, here is an example of a football player: 1. Talent. You’re 6 foot, quick, skillful, strong, and have always…

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The simplest explanation is usually correct

Occam’s Razor states that, “Among competing hypotheses, the one with the fewest assumptions should be selected.” In plain-speak, the simplest solution is correct. Another good explanation of Occam’s razor comes from the writer, William J. Hall: “Extraordinary claims demand extraordinary proof.” We all have a tendency to look for more that what is there. Instead of…

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Be indifferent to the opinions of others

Ignore the crowd. Ignore the pundits. Ignore the noise. If you must, politely listen to the opinion’s of others. Then forge ahead on the path of your own choosing. It’s your business. If you make the wrong decisions, only you will pay the price. No one will give you the right advice. Only you can…

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