The Risk Is Worth It. Mike Would

If You Spot An Opportunity And Are Really Excited By It, Throw Yourself Into It With Everything You've Got.

Well, I Think That There's A Very Thin Dividing Line Between Success And Failure. And I Think If You Start A Business Without Financial Backing, You're Likely To Go The Wrong Side Of That Dividing Line.

When Employees Tell You About Their Good Ideas For The Business, Don't Limit Your Response To Asking Questions, Taking Notes And Following Up. If You Can, Ask Those People To Lead Their Projects And Take Responsibility For Them. From Those Experiences, They Will Then Have Built The Confidence To Take On More And You Can Take A Further Step Back.

Early On In Your Career, Find Someone Better Than Yourself To Run The Business On A Day-to-day Basis. Remove Yourself, Maybe Even From The Building, And From The Nitty-gritty. That Way, You're Going To Be Able To See The Bigger Picture And Think Of New Areas To Go Into.

First Of All, If You're Setting Up A New Company, You Want To Try To Find A Brand That Can Work On A Global Basis.