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Don’t lose money!!! Objectively assess the risks of every opportunityStephen Schwarzman’s 25 Rules for Work & Life
"Rule No. 1: Never lose money.
Rule No. 2: Never forget rule No. 1.
"Warren Buffet - Berkshire Hathaway
Risk is not variability in returns, but the loss of capital
Shawn Lashansky
It does not matter how slowly you go as long as you do not stop.
– Confucius
Success is not final, failure is not fatal: it is the courage to continue that counts
Winston Churchill
- The BlogThoughts, musings, and ruminations.October 12, 2020Anybody that has invested in a private business, dreads the call! we are looking further funding!!! But what do you do when your investment is losing money? Anybody who has invested in unlisted business, starts seeing the warning signs! 1. Poor trading results 2. Rumours of slow payment 3....October 6, 2020I am being asked where we begin? What are the first steps? Here are a few broad guidelines… Prepare a zero Revenue Budget 1. Prepare a budget assuming no Revenue 2. This forces you to focus on every cost Rebuild the Revenue budget 1. Group customers with similar characteristics a. Industry b....
If You Are Working On Something That You Really Care About, You Don’t Have To Be Pushed. The Vision Pulls You. – Steve Jobs
- If you really look closely, most overnightsuccesses took a long time
-Steve Jobs
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