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June 12, 2014

Avoiding headaches

As an entrepreneur you need to be always fit. Both for the health of your body and your business… Specially in the beginning, you may not have enough employees to delegate all the jobs you handle. Therefore, you may be doing various secondary tasks like from throwing out the trash to tidying up the place. These secondary tasks should not tire you so as to decrease your efficiency in your main job.

Another point which you need to be careful about is abiding by the laws. Nobody will ever assume that you made a mistake because you had not been aware of the applicable regulations. If you are not experienced, then you may be walking along the borders of the laws. I believe that your first two consultants assisting you in such issues will be your financial and legal consultants. If you manage them correctly, these two will prevent you from losing your money and health.

As an example, while you establish the customer base for your products and services and decide on issues like the details of sales agreements and payment terms, you might need the services of these two consultants. Especially if your business is not a conventional one. If you would like to view a short film about such a business which I wouldn’t really recommend, please click here. ☺

Song of the week: Aloe Blacc – I Need A Dollar (2010)

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Mehmet U. Soyer

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