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Table of Contents1) There are No Guarantees2) Know the Numbers3) Perfection is for suckers4) Tame the Ego5) You will never have an Awesome idea in the office6) Success, is not the goal. Happiness is the goal.7) Winners are Givers8) Be a Stand Out Entrepreneur/Marketer9) Don’t Spend The “Profits’ Until You have actualy earned them!10) Success is a trickster11) Fall down seven times, stand up eight AND Money grows on the tree of persistenceSerial Entrepreneur and father of Michael and Joshua Dunlop, Barry Dunlop reveals his Top Tips / Lessons for all entrepreneurs, both new and experienced.
“The master of the art of living makes little distinction between his work and his play, his labor and his leisure, his mind and his body, his education and his recreation, his love and his religion.
He simply pursues his vision of excellence in whatever he does, leaving others to decide whether he is working or playing.To him, he is always doing both”
The above Zen Buddhist Text perhaps more than any other piece of literature sums up for me my Entrepreneurial / Life ideals – when you live so that both work and play are entwined in a fulfilling way then you live a very good and rewarding life indeed.
The entrepreneurail lessons are focused on mainly one thing – that of living a happy fulfilling life — emotionally, mentally and spiritually. (and financially)
Accept and understand these lessons and your life as an entrepreneur will be a happier one. Even the challenges of being an entrepreneur can be turned around into positives!
1) There are No GuaranteesThere are no guarantees. I quite often meet people who have gone into business and one year down the line, two years down the line, or even just one week down the line they are all depressed and down in the dumps, because somehow somewhere they made a mistake. They actually thought there were some guarantees that come with being an entrepreneur. Regrettably there are not.
There will be occasions when your customers will not pay you. There will be occasions when the people who supply goods to you, or services to you will let you down. That is just the way it is, accept it.
And thirdly, and possibly the most important, a lot of the time your customers will think all of these issues are actually your fault, and it is not. Just get on with it. Really there are no guarantees.
2) Know the NumbersI can’t tell you how many times I meet entrepreneurs who don’t know the numbers. They don’t actually know if they are making money or not making money with a business.
I don’t consider myself an accountant or somebody who is particularly good with numbers but I do understand this – I have to have more CASH coming in than I have going out.
If you don’t know for a fact that that is the case, then stop what you are doing right now and go find out. If it so happens more is going out than coming in – then ask yourself what you can do about it? Take less salary? Reduce your
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