Business Tip: Whether you like it or not, investors have a say in your company. Listen to their advice or suggestions even if you decide not to use it.

Business Tip: Research and develop conflict resolution skills. If any issues with employees emerge, be sure that they are addressed.

Business Tip: Don’t be overly concerned by the economy. Some of the best businesses have launched during a recession.

Business Tip: Unless you’re an excellent writer, hire a copywriter to compose your advertising and emails targetting customers.

Business Tip: Make sure you understand the legal side of things, or hire someone who does. This means making sure your business is registered and pays taxes.

Business Tip: Develop a business concept that you’re passionate about, and make sure it’s related to something that you have experience with.

Business Tip: Make sure you understand the labour laws so that your employees are getting their due leave and benefits. A lawsuit is expensive.

Business Tip: You shouldn’t focus on why you can’t do something, which is what most people do. You should focus on why perhaps you can.

Business Tip: Be careful of using all your own money to start your business. Find investors, because you don’t want to end up without means if things go wrong.

Business Tip: Perfect the art of being frugal. Don’t focus on expensive cars or fancy offices, because money is the life-blood of your business.