My

Business

Principles

100+ rules that I operate under and help to guide my life

Business
Vision/Planning

Work on systems in the business. Then take vacations often. Come back and see what’s broken. Fix them and go on vacation again. If you’re there, you’ll micro correct and never know how strong the business systems are

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Business
Vision/Planning

Work on things that will yield for a long time. Short term money is rarely worth it

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Business
Vision/Planning

Don’t chase money. Build things that produce it

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Business
Vision/Planning

Always find something great and copy it as the first step. Let’s you learn with benchmarked data points

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Business
Vision/Planning

Spend time strategizing how to increase the value/multiple of the business. Do those things. Let everyone know

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Business
Vision/Planning

Always start with the absolute shortest path to revenue. Revenue generates more focus

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Business
Vision/Planning

Vision > planning > strategy > system > process > tactic> task

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Business
Vision/Planning

Buy low, hold

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Business
Vision/Planning

Business growth is much faster through acquisition

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Business
Vision/Planning

Gobble up the value chain, own as much as possible

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Business
Vision/Planning

Never build something for cash flow. Always build for cash flow + value creation. You’ll make a lot more with less taxes selling what you’ve built if executed right

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Business
Vision/Planning

Surround yourself with business owners from totally different industries. Look for similarities

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