[tweetmeme source=”LessonsInBiz” only_single=false] Running a business is a lot similar to how you live your life. There are ups and downs, mistakes and triumphs and of course the proverbial lessons that you’ve learned to get you back in the saddle. Let me share to you what lessons I’ve learned so far:

  1. You should have a plan ready. If something happens which railroads your original plan, don’t worry too much. That’s just normal. The plan is just a way for you to remember what your goal is. If you’re driven by that goal, you would know how to get back up and go for plan B. There are 26 letters in the English alphabet so you’re covered from Plan A to Plan Z.
  2. You have to establish a connection with people who are important to you and develop that so that it would become a relationship. It wouldn’t hurt one bit if you take the time to check on them once in a while. Don’t think of it as a task, do it naturally.
  3. Don’t be too greedy or too hell-bent on succeeding that you forget your morals. There’s a time when it’s best to make a profit but not at the expense of other people’s suffering or misfortune.
  4. What you want is different from what you need. Be sure to realize the distinction.
  5. Your character should not take a backseat to your eagerness in making a sale. Years from now, your customers would always remember how you run your business and how you make them feel, not the discount they got. Your reputation is important and it is priceless. Once it’s ruined, you would never be able to get it back to how and what it was.