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It is awfully important to know what is and what is not your business.

Don't ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers.

I don't think you should ever start a business and move in a direction where you can't see it becoming a business.

Well, you can't be trying to achieve success of any kind in this business without accepting that there's going to be a flip side to it.

Don't go in and tell somebody else how to run their business.

It's better to take over and build upon an existing business than to start a new one.

In general, you don't want competitors to understand your business outside of telling people your revenue and profitability numbers.

You've got to know business before you go to show business.

One thing is certain in business. You and everyone around you will make mistakes.

The truth is that most small businesses will not succeed and you need to be emotionally prepared for this.