college sets you on the learning path for the rest of your life. However, after those quick four years, it is up to you to continue the path. To this day, I am still learning. I spend thirty minutes daily on Duolingo learning Spanish, one hour learning chess, and read the Wall Street Journal, Barron’s and Detroit News daily.

you are a new entrepreneur and hiring your first few employees, read as many books on the subject as possible. Do your due diligence including background checks. Just as important, share your vision with the applicants and sense if they appreciate your vision. If they do, have them write on a piece of paper why they want to work for you. You want

The difference between winning and losing can be less than half a second or being able to hold on one minute longer. Winners never quit. Thomas Edison failed more than a thousand times before he eventually invented the light bulb. He never gave up.

Steve Jobs is that he didn’t invent anything from scratch. His genius was that he took someone else’s idea and made it better.

You’re never going to spot an opportunity, trend, or fad sitting at home or in your office. If you are selling a product, visit as many stores as possible that sell your type of product. If you invented a home improvement product, where are you going to sell it? ACE, True Value, Lowe’s, Home Depot, Menard’s, Tractor Supply, or Amazon? Think about

Although trade shows are still around, they don’t have the impact they once had because of the internet. Research trade shows for your particular industry. You will see on their websites a list of exhibitors with all their information. You can also click on the floor map and see which exhibitors are the most important based on the amount of space

Whether it’s a plan-o-gram, new product, or service, be flexible in the developmental stages so you can react quickly to market conditions and make changes without much risk to yourself. For example, if you are launching a new lip plumper, always buy the smallest quantity and pay more per piece. This limits your risks and allows you to make changes

Never be a minority shareholder in a closed corporation.

Do one thing better than anyone else; side gigs can only get you in trouble.