Wednesday, November 1, 2017

Building a business is like building a fire


  1. You have to start small.
  2. It can grow only as big as your amount of fuel.
  3. The growth rate is based on how fast you feed it fuel.
  4. If your wood is wet (not ready to use), it won't burn and your business won't grow.
  5. You have to start with kindling. The logs keep getting bigger as the fire grows. You only put the big logs on a big fire.
  6. If you use the wrong wood, your fire burns out quickly. The right wood burns long and hot.
  7. A big fire can get out of control. You need know how to control it.
  8. You need to plan how to put out the fire (retire).