The start of a new year can be both exciting and daunting (mostly the latter) as you again set out your goals for the next 365 days.

I prefer latching on to the excitement of a new beginning as it comes with energy, positivity and a renewed purpose. Look ahead to the unforeseen and relish the thought of the innumerable opportunities that await you and your business venture.

Appreciate each day that you are given and use every minute to cultivate new habits that will help to propel you forward. Read more.

Life is filled with unpredictable moments and even the best laid plans sometimes get thwarted. Do not be deterred by disappointment. It’s all a part of the journey and the upside is, each one of those bad moments comes with its own valuable lessons.

In my previous blog I shared entrepreneurial lessons I had deciphered from Virgin Founder Richard Branson’s autobiography, ‘Losing My Virginity’. Here are 10 more that I picked out to help both you and your business thrive in 2015 in no particular order:

  1. Your reputation is the most valuable asset you will ever acquire; protect it;
  2. In order of importance, your employees come before your customers;
  3. Know when your luck has run out and walk away with your life intact;
  4. You will be more passionate about a business venture when it involves fun;
  5. Part ways with business partners and save your friendship when your singular vision for the future become different;
  6. A parachute and a life jacket are good for longevity in business;
  7. Start small and scale as you see the opportunities;
  8. Bootstrap (fund) your own projects when you cannot get any loans or raise venture capital;
  9. Build a brand, not just a company;
  10. Growth is not achieved in a straight line, but a series of short advances and retreats.
Advertisements