Updated: Nov 11, 2021
I learned that it is vital to record every business transaction in writing, including those executed with friends and family. A lot of my troubles came from giving people the benefit of the doubt and trusting them too wholeheartedly, which are mistakes I have readily learned from. I’ve also learned that it is important to trust your gut feelings, and that the advice of your confidants and employees should be listened to. In other words, trust your intuition, but also listen to outside perspectives. Additionally, never compromise the quality of the products you deliver to your clients, even when you’re short on cash. This is something I’ve personally lived out, and I’ve been able to maintain a core set of loyal clients because of that.