10 crucial pieces of advice about starting and running a business

10 crucial pieces of advice about starting and running a business

October 05, 2011 by Kevin Duncan

1.  Assume you have something to offer

If you have doubts – why should anyone else buy what you have to offer?

2.  Take the issues seriously, not yourself

You’re not that important, honestly.

3.  Sell yourself, more so than materials with a mark-up

Products have price points that are easier for the customer to guess. Services can be priceless.

4.  Charge a premium price and do a great job

People like paying for high-quality goods and services. Don’t sell yourself cheap.

5.  Remember that corporate time moves slower normal time

Companies are slower than individuals.

6.  Listen more than you talk

Otherwise you won’t learn anything.

7.  Be more positive than everyone else wherever you go

Who wants to have a meeting with a boring, negative person?

8.  Don’t distinguish between nice and nasty things to do

They all need doing, so just get on with them.

9.  Whatever you plan to do, start now

Most things are easier than you think.

10.  Remember: everything you achieve, you have done yourself

Don’t just plough on indefinitely. Pat yourself on the back every now and again and enjoy your success.

Find out more about Kevin’s latest book – What You Need to Know About Starting a Business

Kevin Duncan – business adviser, marketing expert and author


diana's picture

my son has an idea on starting a business with a friend should this be ltd company or just partnership

LizD's picture

I'm afraid we can't give detailed replies here, but if your son checks out this section he will be able to see the pros and cons of setting up a limited company.

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