Top Tips

Contributor	Tips	Show No.
Guy Kingston	Learn to read a balance sheet upside down Think like Buffett and Munger Know when to give up
John Richards	Dare to be different Hope for the best, be prepared for the worst Keep a sense of proportion - focus on your business but do not be blind to other important, perhaps more important, things in life.
Duncan Christie Miller	You don’t need permission You don’t need to be original – improvement is as good as innovation Have very, very good advisors & learn how to use them properly	8
Paul Harrod	Believe in what you do – wait for an idea to strike that really motivates you. Know what you don’t know and build a team to fill the gaps Cash is King! Guarding your cash is probably the most important thing anyone can do	9
BJ Cunningham	Know what it is you’re trying to say Say it with clarity Do what you said you were going to do, when you said you’d do it	12
Simon Bond	Work really, really hard – entrepreneurship is like doing 2 jobs Balance technology with sales & marketing – think about the market before you think about the technology Network – be part of the scene	12
Alex Bellinger	Be persistent, never give up Don’t stick to your business plan … necessarily. Be flexible, adapt to opportunities Make sure you enjoy it and be passionate about it	25
Guy Levine	Pick a pin-up – when you get stuck in a situation ask what your hero would do Always set goals Keep a really tight hold of your finances	27
Rory Laing	Have a good idea – there are millions of ideas but only a few make money Got to be the sort of guy prepared to go to Hell Keep going and keep going	32

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