I spent about 2 weeks in the amazing Dubai, UAE. Below are the excursions I did while there as well as their respective prices incase you want to have the same experiences.
5 Hours A Day of Work Rule:
365 days in a year:
• 5h/day for 300 days (regular days).
• 8h/day for 15 days (big days).
• 1h/day for 50 days (chill days).
The goal is to make a Business Around My lifestyle:
https://t.co/zrnoxdx4Ab
3 financial rules of thumb every business owner must know:
1. Keep 3 months of cash at all times
2. 30% Rule: Keep their total fixed expenses at or below 30% of their revenue.
3. 80/20 Rule: 80% of revenue comes from 20% of customers. Focus on your profitable customers.
@AishaYesufu Rule 1👇
make sure you balance your sales everyday before closing
Rule 2 👇
don't spend all your profit
Rule 3 👇
Invest part of your profit no matter how little it is
Rule 4👇
Don't start helping people from your capital
Rule 5
Don't live above your income
My rules to being a business owner:
1. Put everything in writing
2. Be quick to forgive
3. Be slow to anger
4. Processes, processes, processes
5. Say no more than yes
6. Hire smarter
7. Hire quicker
8. Have a top notch lawyer on speed dial
5 Rules of Business:
Rule #1 You have to play to win, and you also have to win, to play.
Rule #2 Adapt, react, re-adapt, act.
Rule #4 In business, image is everything.
Rule #5 Safety first, i.e. (don't burn the building down)
-Michael Scott
Rules to follow when managing a business.
1. Don't show off
2. Be a team player
3. Be okay with being wrong
4. Get rid of toxic team members
5. Be willing to do what others are not
6. Prepare to put in years (5+) with your craft
7. Hangout with your team outside of work
@saice_civil I really need assistance with a case of being abused by one of the big construction companies in South Africa. We are being abused because we are small emerging companies and are assumed to be clueless. I need assistance with raising R10k to request for an Arbitrator