Coffee with Cotton – November 8, 2010
Last week I mentioned “Words of Wisdom” from an article in Inc. Magazine. Here are the remaining ideas from some key entrepreneurs (and I quote):
- Systems run the company; people run the systems.
- It will take four times as much work as you expect but be 10 times more rewarding than you can imagine.
- There is always a solution.
- You cannot do everything yourself.
- Without knowing where you are at all times financially, you are destined to fail.
- Never confuse a consultant with a partner.
- At its founding, a business is victim to what you don’t know; at adolescence, it’s victim to what you think you know; and as it matures, it’s victim to how willing you are to hand the reins to those more qualified.
- You don’t lose until you give up.
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