FlyVirgin744 From United States of America, joined Jul 1999, 1313 posts, RR: 1 Reply 1, posted (10 years 4 months 2 weeks 3 days 17 hours ago) and read 646 times:
Awesome! What kind of business though?
Sometimes I go about in pity for myself and all the while a great wind carries me across the sky.
Artsyman From United States of America, joined Feb 2001, 4741 posts, RR: 43 Reply 3, posted (10 years 4 months 2 weeks 3 days 16 hours ago) and read 629 times:
There are many things that are important, some of the main ones are:
Be competitive
Don't promise what you can't deliver
Treat Customers as you want to be treated
When conflicts come up, try to look at the big picture as bad news spreads a lot faster than good
Treat your employees like they are your hero's
Be fair
Power can often be misused, sometimes try to let your logic make decisions, and not your ego.
Always have good eye contact with your customers and employees
Try to enjoy what you are doing, it is always best to have a business in a field that you actually like.
Do not let your employees have access to airliners.net
Illini_152 From United States of America, joined Jan 2001, 1000 posts, RR: 2 Reply 5, posted (10 years 4 months 2 weeks 3 days 5 hours ago) and read 604 times:
Best advice you'll get on this board: Don't come here for advice! People you should be talking to-
Tax attorneys, accountants, customers, business lawyers, banks, loan officers, clients, competitors, other business owners, and potential customers.
Not anonymous 16 year olds who hang out on the internet all day (no offense, there are some knowlageable people out here, but if I wanted to get information about something I had little experience in, this is one of the last places I'd come; too hard to seperate the wheat from the chaff.)
- Mike
Happy contrails - I support B747Skipper and Jetguy
Jwenting From Netherlands, joined Apr 2001, 10213 posts, RR: 21 Reply 6, posted (10 years 4 months 2 weeks 2 days 23 hours ago) and read 587 times:
Best advice (apart from going to pros and not coming here):
DON'T do it right now. Wait until the economy settles down, things are far too unstable to give you any realistic chance of success.
Jwenting From Netherlands, joined Apr 2001, 10213 posts, RR: 21 Reply 7, posted (10 years 4 months 2 weeks 2 days 23 hours ago) and read 584 times:
Another good piece of advice: start small and expand slowly and cautiously.
Most companies that fail fail because they expand too quickly (or because they didn't have a market at all and should never have started in the first place).
Ryanb741 From United Kingdom, joined Mar 2002, 3219 posts, RR: 17 Reply 8, posted (10 years 4 months 2 weeks 2 days 19 hours ago) and read 573 times:
Also, if you are going into partnership with someone, no matter how well you get on now you WILL end up suing/being sued by them if the business goes well. A lot of people turn real nasty when the lure of even more $$$ (instead of a 50-50 split) manifests itself.
I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?
Ryanb741 From United Kingdom, joined Mar 2002, 3219 posts, RR: 17 Reply 9, posted (10 years 4 months 2 weeks 2 days 19 hours ago) and read 569 times:
Also, never EVER be complacent and think your product is the best out there. Remember, what we invent at breakfast somebody else has copied by lunch and has bettered by dinner. Never ever stand still.
I used to think the brain is the most fascinating part of my body. But, hey, who is telling me that?