Wednesday, March 19, 2008

Spend the Money

One of the biggest reasons small businesses fail is undercapitilization. If you're self-employed or compensated mostly on commission, you own your own business - like it or not.

Make sure you have sufficient funds to invest in the most valuable asset you have - YOU. Better clothes, better marketing materials, even an assistant - one that will allow you to utilize your wonderful strengths and not force you to do things you hate doing and frankly, are not good at.

Don't have the funds? Then why did you take this career path to begin with? Beg, borrow and steal to give yourself the needed resources to fulfill your potential. If that scares you a little, too bad. No one said this was going to be easy. Enjoy it and embrace the challange.

Living = taking some risk and believing in your ability.

Best tip I can give you - take UCLA or Louisville in your office pool. Have a great Wednesday!!!

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