You never know which disruption-ripe market or innovation gap will be the one in which you make your bones.
Six small business lessons inspired by the Barefoot Investor
You’ve probably heard of the Barefoot Investor (sometimes known as Scott Pape) by now. He’s that chap with the no-nonsense financial advice that’s managed to resonate with everyone from millennials to boomers. And while Barefoot Investor’s advice is aimed primarily at personal finance, there are nevertheless certain salient points that can be applied to small business as well.
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"While others see many good ideas and opportunities just float by, entrepreneurs have the opposite problem; stopping themselves chasing too many good ideas at once."
It all boils down to this: Know why you exist; know where you're going; make it brief; make it simple; and finally – curb the fluff.
As an entrepreneur you should have confidence in your ideas and ability to make decisions, but guess what? It's everyone else's job to put you through your paces.