Tatics

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10 Tactics For Success

1. Learn as much as you can about your proposed business. Ask questions. Join industry associations. Is there a need for the product or service you are going to offer?

2. Accept the fact that starting a business always takes more money than you anticipate.

3. Study successful competitors carefully.

4. Don't go into business with the sole objective of making a lot of money. Chances are you won't. But if you put service, quality, and customer satisfaction first - the money will follow.

5. Be willing to work harder and longer than you have ever worked before. Forget about the eight-hour day and the forty-hour week.

6. Keep complete and accurate records for tax purposes, for your banking needs, and most importantly, for your own guidance.

7. Hire good, experienced employees.

8. Find a lawyer, accountant, banker, and insurance agent and confer with them as needed. Now is the time to develop these relationships.

9. Run it yourself. Beware of absentee ownership. No one will look after your money, your property, and your business like you will.

10. Be prepared for disappointment and frustration. Be persistent and bounce back even more determined to succeed.