Thursday, July 15, 2010

Notes For the Serial Entrepreneur on the Go

  • Once you own a process or system, even though above mediocre, why let it go ?
  • Generate a cash flow, while trying to master the process. e.g. once you handle financial records of your own small company, why not expand upon it and open up a new financial sector of your business, and provide services to external , non-competitive clients?
  • Also, you need to have a way of stopping other people do the same thing that you do. Eliminate competition.
  • Managers should paid as a % of sales, & weekly meetings at different locations.
  • Internal audits should be stronger than governmental , and other external audits.
  • Always have a personal overview of the finance.

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