A real businessman is ready for any course of business 24 hours a day. He is also ready to take reasonable risks if necessary. But how to minimize the rest of the risks?
Instructions
Step 1
The Money Up Rule.
Remember that in life no one will sell you even a loaf of bread on credit. Therefore, no matter how they persuade you to postpone the payment, do not agree, demand money in advance, without fear of being branded as a stingy.
Step 2
Rule "Interesting innovative idea".
You should not open two grocery stores on the same street - after all, people already have the habit of going to the old one for groceries.
Step 3
Rule "Fulfillment of obligations".
Only reputation can be more important than money. Try not to throw words down the drain, and if you have already made a rash promise, keep it.
Step 4
Rule "There is one owner in the house."
Having carefully studied the history of the most profitable projects, you will notice that any partner business sooner or later leads to disagreements in the team. And then you will have to resort to the section.
Step 5
The rule is "Do not cut it out with an ax."
Be sure to document all your agreements with suppliers and buyers. There is no need to rely on the Russian perhaps and the conscience of a person - they, in contrast to correctly documented obligations, can fail.
