Top 10 ways to better your odds for success

Some of these are spot on and just reiterate what many warriors already
know. When the New York Times business blog touts these as well, we
should at least give them consideration.

1. Look for opportunities to do something better than just about everyone else.
2. Accept risk as a necessary evil. It makes for much less competition.
3. Act responsibly to customers, employees and vendors.
4. Goals aren’t enough. You need a plan. You need to execute the plan.
5. You need to fix the plan as you go. Learn from your mistakes. Most people don’t.
6. Do not reinvent the wheel. Learn from others — join a business group.
7. Make sure the math works. I know plenty of people who work hard and follow their passion but the math doesn’t work. If the math doesn’t work, neither does the business.
8. Make sure that every employee understands and works toward the mission.
9. There are going to be difficult times and you need to be resilient; whining is a waste of time.
10. There will be sacrifices. Work to find a balance so that you don’t become a financially successful loser. It’s not about the income, it’s about the outcome.
Source:Top 10 Reasons for Entrepreneurial Success - NYTimes.com

Wish I had put some of these in practice when I started. Now I do almost all of these.
I especially like #9. And if you read my posts here, you know I really go for
#7. Too many people think failure is not an option. Sometimes it is. And sometimes it
can lead to a future success.

Paul