How to Be a Successful Businessman

Never Invest Huge Sums of Your Own Money
It is a general rule of thumb for business people to minimize losses. Successful businessmen will usually be busy preparing proposals to pitch for money.That is what all those important-sounding meetings, PowerPoint presentations and phone calls are about.
- Research well on possible sponsors. The internet is your best friend.
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Entrepreneur

 

The accuracy of the research depends of the type of market research carried out. Also, the reliability and the validity of the research should also be considered as well.

 

Hey check out rich dad poor dad for some more broken down rules on business.
Great book!

 

What the hell haha. If you have the money to invest, then fuck yeah you should invest it. If not your either taking out loans, or getting money from a VC or Angel investor, which means your most likely giving up a % of your company. There are very few "Sponsors" who are going to just hand over money without anything in return.

 

Organisation & Deadlines are key.

 

Organisation & Deadlines are key.