Tips for entrepreneurs

Don t get wedded to an idea and stick with it too long

Don't marry a single idea. Remember, ideas are the currency of entrepreneurs. Play with many ideas and see which ones bring money and success.

Don't ignore your cash position

The world (or customers) won't respond to even superior products in the timeframe that you think they should. You'll need plenty of cash to sustain yourself in the meantime.

Do develop a good relationship with your bankers and creditors

Show a sincere interest in solving problems. Pay as much as you can afford to all creditors to whom you owe money.

For more information contact your RAN ONE business professionals at
Academy of Business Excellence Limited