3. Aim To Fix The Weakest Link First
Ramsden said “failure to consistently work on your weakest link will bring you down.” So here’s how it works first identify your weakest link, make changes so it’s not the weakest link anymore, pop the cork on a small bottle of champagne, but then identify your new weakest link and get back to work. In my experience, the most common weak links are:
The Washington Post’s Katherine Graham (1969)
FORTUNE — The year was 1973. Betty Friedan’s The Feminine Mystique had been out for a decade; Ms. magazine had published its first issue. Women were pouring into the workforce, hitting 40% of the total working population that year, according to the Bureau of Labor Statistics. Over half of married women with school-age kids held a paying job.
How to advance your career as an entrepreneur
What move can you make right now to advance your career as an entrepreneur?
Modeling.
But it’s not the kind of modeling you think. To borrow (model) best practices and advice of wildly successful entrepreneurs is wise.
The cost of employing women in management is greater than the cost of employing men. This is a jarring statement, partly because it is true, but mostly because it is something people are reluctant to talk about. A new study by one multinational corporation shows that the rate of turnover in management positions is 21/2 times higher among top-performing women than it is among men.
When you are a business owner, it doesn't matter how much funding you have, where your college degrees are from or whom you network with if you are not confident about your ideas.
At the end of the day, if you don't have faith in yourself and your business, you will most likely fail.
Cash flow is king in the world of small business and it pays to know just how much your company needs to keep its doors open. Once you have determined the need, you can go about the task of obtaining the necessary financing from one of several sources available to most entrepreneurs and existing small business owners.
