In this episode I share with you some important words of wisdom about running a business.  This comes from a LinkedIn post by Dave Borski:
8 years ago today, I left a great job at SwRI to pursue my dreams of starting a business. It's been a winding road with lots of challenges, victories and defeats. Popcorn list of Things I've learned since then:

Payroll doesn't happen with a push of a button
Annual Health insurance premium for a self-employed family is on par with paying cash for a nice 2-year old Honda Accord every year
Premiums don't cover your deductible, and lots of services are not covered
Finding good partners/suppliers is critical to early growth
You need a lot of money (or access to it) to make big projects run before the client pays you
Nobody can sell your business as well as you can
You can hire better people than you to work the components of your business.
It's better to be the architect of your business than the manager
Self motivation is a key - but you have to plan for it to work
It's great to have a mentor (or a few) who are invested in your success; it's even greater if they've been successful and know what it takes
It's important to say no when your strategic plan doesn't allow for it

Dave Borski's LinkedIn profile
Items used in this video:

PLC Trainer      


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