The Secrets to Entrepreneurship? Or More?
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Tags: a-sale-until, business, difference, financial, flying-blind-, focus-on-the, img-src, income, other-out-with, street-smarts, tactics, whether-or-not
Earlier this week, I stumbled across an October article from Inc. entitled Street Smarts: Secrets of a $110 Million Man. The article carefully outlined ten essential tactics that underlie any successful entrepreneurial endeavor:
1. Numbers run a business. If you don’t know how to read them, you are flying blind.
2. A sale isn’t a sale until you collect.
3. When your short-term liabilities exceed your short-term assets, you are bankrupt.
4. Forget about shortcuts. Run a business as if it’s forever.
5. Cash is hard to get and easy to spend. Make it before you spend it…. Continue Reading


