One of the best pieces of new business advice I have ever heard is to set it up with a decent agreement. It is human nature to enter a new business venture full of optimism but an ounce of caution does not go astray. This piece of advice needs to passed along. If you know anybody seeking some new business advice please share this meme as I guarantee they will thank you for it in the long run.
1. You’ve got to get along. If you don’t have good people skills, you’ll never succeed, even if you run your own business.
2. Money talks. Those who have cash have leverage, and someone always has more than you do. There’s rarely a deal between equals.
3. Leverage is not always about money. For example if you a massive responsive database, you’ll be able to secure incredible sponsorship or advertising deals.
I have had a lot of feedback since I posted about "What a CEO does!"
Sure a lot of you, who have worked for me over the years sent back the word "nothing", but given we have been highly successful in our endeavours I will take the feedback as a compliment.
However on a serious note I will update you all on the words of advice I have received on each of the three responsibilities that I listed.
We all get wrapped up in our own importance, particularly at work if we have a position of some authority. Over the years it has been my role to keep people and start up organisations on track, this is not all that easy when you have less staff than the work required to be done, but never the less the secret is to keep folk focused on the stuff that matters and in time, scale begins to evolve.
I imagine "Hi honey how was your day?" is one of the most commonly asked questions in an evening the world over.I also imagine the answer to this question can then set the scene for that evenings dynamic not only for that individual but also for the rest of the persons family and friends. I am sure the ambiance after an answer of "great I accomplished so much and I love going to work" will set a far better tone for the evening than "what a shit of a day nobody seems to appreciate what I do".