Suddenly that high-volume operator becomes a helpful traffic builder, not a dangerous competitor. Maybe you stand for the right to education for every child around the world, or are very sensitive to gender equality. They may be charging more than they are allowed by their contracts. Cultures vary widely; in some, executives are aloof while in others they are more accessible.

The entrepreneur must prove he has the stamina and willpower to stay with his vision through thick and thin

Six months before Christmas offer presents to all who will trade a certain amount before that holiday. You can draw a crowd wherever there are people. Mission statements have a place in a plan: They help investors and other interested parties get a grip on what makes your company special. The loans are often expensive, carrying rates of up to 20 percent.

Partners are like any other investor

Inventory your skills, interests, and job history. It just feels all wrong. One such alternative is crowd funding, which uses the power of the internet to pool together lots of very small amounts from individuals to make a sizeable sum which can then be invested in small firms to help them grow. Make your cost estimate more than a 'guesstimate.' Make each estimate an exact prediction of what it will take to produce every product, perform every service, or sell every product you offer.

Tap information sources to provide the answers to as many questions as you can

That s the main reason you have spent so much effort defining your niche market and why you have chosen one that you know and/or have a deep interest in serving. Make a personal canvass from house to house. Decide when to say 'Yes!' to a project, and, more importantly, decide when to say 'No!' That's the key to being profit-driven. Not so any longer.

What should you charge for what you?re selling?

Liabilities cost money, go down in value, and take a lot of work to get them to pay for themselves. The more decisions you make for people, the fewer decisions they make for themselves. It will help you decide which projects to take on, which collaborators to work with, and which future employees to hire, because all these decisions should be made in alignment with your core values. They want to make at least double the industry average.

If you spend too much time thinking about something, you?ll never get it done

A business therefore shouldn t restrict its markup to what it thinks customers will deem reasonable. You can't rely on someone else to care about your finances as much as you do. Bankers are lenders, not investors. When is the last time your project manager held a meeting without you leading it?