TEN COMMANDMENTS OF A GOOD ENTREPRENEUR will teach you especially what you should not forget before you start a business and if you are already running one, what steps should you take to protect your business and family assets.
Table of Contents:
Opening advice: Don’t risk losing a lot for little gain!
10 rules: You’ll be the same kind of entrepreneur as the kind of human you are! When writing a business plan, think about risks! Choose a line of business where you have a competitive advantage! Keep your personal/family assets separate from business assets! Choose the correct form of business! Run business on your own or handle your business partner relationship properly! Set the right price at the beginning of your business! Have funding of the entire new project prepared in advance, including reserves! Think of company expenses in advance and constantly optimize them! Keep all your business relationships documented from the beginning!
Closing advice: Do not spend more than you earn and make reserves for bad times!