Top Tips



Contributor       Tips Show No.
Guy Kingston
  • Learn to read a balance sheet upside down
  • Think like Buffett and Munger
  • Know when to give up
John Richards
  • Dare to be different
  • Hope for the best, be prepared for the worst
  • Keep a sense of proportion - focus on your business but do not be blind to other important, perhaps more important, things in life.
Duncan Christie Miller
  • You don’t need permission
  • You don’t need to be original – improvement is as good as innovation
  • Have very, very good advisors & learn how to use them properly
8
Paul Harrod
  • Believe in what you do – wait for an idea to strike that really motivates you.
  • Know what you don’t know and build a team to fill the gaps
  • Cash is King! Guarding your cash is probably the most important thing anyone can do
9
BJ Cunningham
  • Know what it is you’re trying to say
  • Say it with clarity
  • Do what you said you were going to do, when you said you’d do it
12
Simon Bond
  • Work really, really hard – entrepreneurship is like doing 2 jobs
  • Balance technology with sales & marketing – think about the market before you think about the technology
  • Network – be part of the scene
12
Alex Bellinger
  • Be persistent, never give up
  • Don’t stick to your business plan … necessarily. Be flexible, adapt to opportunities
  • Make sure you enjoy it and be passionate about it
25
Guy Levine
  • Pick a pin-up – when you get stuck in a situation ask what your hero would do
  • Always set goals
  • Keep a really tight hold of your finances
27
Rory Laing
  • Have a good idea – there are millions of ideas but only a few make money
  • Got to be the sort of guy prepared to go to Hell
  • Keep going and keep going
32

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