It’s Not Where You Start but Where You Finish

But first you have to know yourself, your strengths and your weaknesses, and be the best you can be by using your talents, working on your weaknesses, and accepting what you can’t change about yourself with grace.

learn from the difficulties and isolate the exact pro

I work on the philosophy that if I am presented with a problem, I take the view that there is a simple, logical basis to solve it

To be able to measure you need to be able to cost out every process and transaction

DEAD TREES DON’T GROW
If you are not growing, you’re dead

Profit is made in the buying. Buy well and you will sell well. Savings are made from the discount you receive from the vendor or the supplier.

I HAVE learned over the years that when things don’t go according to plan the best thing to do is to panic in advance. I’ve always ensured that the companies I’m involved in do not wait until it is too late.

Warren Buffet, the amazingly successful investor from Omaha, often repeats a valuable piece of advice about investing that also applies to business, “There are no strikes in investing.” In other words, even if you let a terrific opportunity pass you by, you will never be out of the game. Your instinct for deals improves as you practice using it.

Success in business comes from fixing the problem but more important is to put a system in place that will ensure that the problem will never happen again.

Mistakes and failures are the road-map to success