I was reading an interesting article about “How Not To Run a Business” and it had some interesting suggestions on the list like:
- DON’T PISS YOUR LIFE SAVINGS INTO OPENING A BUSINESS IF YOU’RE IN ANY DOUBT ABOUT ITS SUCCESS.
- DON’T ASSUME YOU CAN RUN A BUSINESS JUST BECAUSE YOU’VE WORKED IN ONE.
- DON’T IGNORE THE BASICS, ITS ALL ABOUT LOCATION, AND FOR WEB BASED BUSINESSES… NAVIGATION!!
And it’s a list of ten suggestions, which you can read above at the linked article.
However, I wanted to make this discussion more personal and more location specific by asking readers what advice (based on their own personal experiences of running a business would they give) — And also make your suggestions location specific. For example, if you are based in Kenya, tell people what you would or would not do. If your in Europe, you may have different suggestions (or wherever you’ve done business in the world – for example, I know a lot of Kenyans go to places like China, Dubai and even Southern Sudan) and I’d like to hear what the real world has taught you about trying to run businesses.
So, have at it.