Find out a market which has growth potential
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Move out of your comfort zone
Keep your expenses low
Don't get spread too thin managing multiple aspects of business yourself
Manage and maintain your account book and project portfolio from the get go
Strategies need to be translated into achievable numbers
Create flexible business model to adapt to changing business dynamics and accommodate initial business errors
Continuously educate yourself - industry update, best seller books, emerging business strategies, and upcoming technology
You cannot afford to wait for launch of your product or service till its 100% satisfactory; otherwise you will be too late for the market
Don't simply imitate leaders in your field, give your own unique and valuable input- don't pretend to be someone else
To know what’s common between successful business leaders see the following article - http://fromthediaryofmentor.blogspot.in/2012/02/what-is-common-between-successful.html
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