5 Business Tips From People Richer Than You

In life and business, it's important to learn from people who have achieved the results you are looking for. These days many successful people are willing to share their experience, the question is what will you take from it?

Here are five things people richer that you have learned from building successful companies.

1. Think big, but start small. “Before you achieve that first million, you have to get your first dollar.”
2. Be willing to rough it.  A lot of entrepreneurs blow money being frivolous. You won’t always have to rough it, but the beginning needs to be a sacrifice.  Skimp on things that aren’t pertinent to your business so you can finance the things that are.
3. Fake it until you make it.  Entrepreneurs must appear bigger than they really are to gain credibility among customers and competitors.
4. Back yourself. Be aggressive and confident in your product.  If you’re not, no one else will be.
5. Have clear targets.  Goals influence business direction more than any external factor.  They can help focus business management for the longer-term.

Source: BusinessInsider.com / Under30CEO.com