You don’t need to be an accountant to understand finance

You may think your businesses finances must be outsourced to a professional accountant. You’ve never studied accounting. You don’t like accounting. There’s no way you can handle your own financial reporting. Wrong. Outsourcing your business finances is like outsourcing your sales. A surefire way to lose your business. You don’t need to be an accountant to understand…

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Thank people for being late

Lateness can be irritating, and generally shouldn’t be tolerated in a company. But sometimes waiting for people is unavoidable. You can’t shout at your customer if she’s late. Or your doctor. Or your lawyer. Instead of getting irritated, you can use the time to: Connect disparate ideas floating around your brain. Breathe. Breathe. Breathe. Meditation makes…

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Knowledge is like biltong

You can’t simply inject biltong into your blood stream. Or swallow it whole. Biltong is only useful if you chew it first. Same for knowledge. Watching a video or reading a book is no use unless you can ruminate. Make the time to reflect, write a one-page summary, note the lessons learnt. Chew on knowledge…

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Patience is a virtue

If you’re an entrepreneur, you’re likely to be an impatient person. You can’t stand queues. You can’t stand traffic jams. You can’t stand waiting for anything. Nothing wrong with that. Impatience creates urgency, which creates speed. Fast moving businesses win. That said, embracing the virtue of patience is good for business. It gives you space…

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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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