What's the best business principle you can advise for a young person to live by?
612951
business is business\npersonal is personal\n\nthis is true dealing with people, as well as with your own life. remember to take time out to enjoy the fruits of your labor. on the business side, don't take it personal. if the biz fails, it is not personal. if you have a bad experience with a customer, its not personal. if someone rips you off, go after them. dont have sympathy, its business, NOT personal. \n\ncustomer service is the most important thing to focus on. that is the only thing that will make your biz stand out in a crowd. make your customers remember you by surprising them with your level of service. this is true in ANY type of business
552704
if your 18 and taking care of your self then its your business but if not then you need to Liston to  your parents they know whats best for you and they are only making sure you have a great life. cause when your young things are not what the seem like
245583
Yikes is probably the correct response. Your friend sounds like an entrepreneur, in a negative way. If you go with it try to learn something other than how to spot "opportunities" to avoid in the future. Some examples of worthwile things to learn about might be the housing market, credit, appraising properties, and what it takes to have a successful, rewarding business.
465169
You should be saving and investing, but if your goal is to be rich at 30, you need to establish and run your own business.  You need to find something to sell, a service to provide, something you can give to others, who will pay you!\n\nLearn business.  Not necessarily corporate finance, but day-to-day business planning, accounting, law, etc.  You need to know how to create a business plan, so people will finance you (lend you $$ to start).  \n\nBe prepared to sleep in your car.  Be prepared to be seen as a useless dreamer with no chance to succeed.  Be prepared that you will do everything right, and have it fail anyways.  It happens.\n\nYou may fail miserably, but this will raise your get-rich-by-30 chances from 0 (winning the lottery) to maybe 5%, maybe even 25%, who knows?
817192
visit library ask for info about business . start small don't worry about legal b.s. now. learn before you spend money on a business.\nmost business fail because they didn't have cash- just credit, didn't know how to run a biz, didn't know how to work a biz, didn't know how to budget or P&L, didn't know how to market the biz, had good ideas with no biz value.\nread 'E-myth' '48days to work you love' 'rich dad poor dad' ' millionarie next door' 'richest man in babylon' 'think and grow rich - blacks choice'. visit daveramsey.com to learn about money before a banker shafts you.\nas for worth trying YES.\nmy kids understand how they will become multimillionaires with out shafting any one.\nyou got 2 choices - sell your body to a company for what ever or change your thinking and be self sufficent in a biz.
1137185
According to Napoleon Hill, (Author of "Think and Grow Rich"), three things are needed.\n\n1. A burning Desire\n\n2. Willingness to work\n\n3. Be teachable\n\nIf you have ALL three of these then you can be a very successful businessman.  The trick is that you can't have only two of them...ALL three are necessary.  \n\nNotice...NOWHERE in there does it say GREEDY.\n\nHope this helps!
762887
*treat others how you want to be treated\n\n*Play, Laugh, Grow\n\n*Live and Learn\n\n*The Magic words work magic (always tell kids that) (please and thanks)\n\n*The two R's- Respect and Responsibility\n\n*Share and Be Fair\n\n*Sharing is Caring\n\n*Honesty is the best Policy (someone will find out sooner or later)\n\nK, I'm out, hope that helps!
211841
Study hard to get into college. Retain little knowledge.\nFinish college.\nGet a job at a company with nice perks, work for someone that's never had to work in their life making them money.\nThey wanted you to do stupid tasks like high school and college learning very little, just to make sure you could do busy work and listen to instructions, it's to prepare you for corporations.\nWork 40 years, when you're starting to break down, you have permission to live life.\n\nHave fun, sheep.
1184909
Don't work for anyone. Start your own business and run it how you like. I'm 18 and I have already started my own business because I hate working for people. Now I make more money than people who are almost 30, and I'm happy.
972505
READ read read!  Every financial book you can.  Then take away from them what will work for you best.\n\nTake to heart the fact that it is not how much money you make but how much you keep and have that money make you more money.\n\nLive well below your means, save save save and invest it all, only after doing you homework.\n\nBuy, DO NOT RENT.  Have roommates or tenants pay your mortgage so you can be saving and investing.\n\nQuit smoking, gambling, & drinking, add that to your savings.  Find othere areas where you can cut back.\n\nFind someone who is where YOU want to be (MENTOR) and pay attention to what they are doing.  With this being said, be careful for many whom you may think are well off are simply in a giant hole of debt.  Your average rich person is NOT someone you can pick out on the street!\n\nLimit time spent with those who do not have the same goals as you.  Limit time spent with friends that spend foolishly or party well beyond anyones means.\n\nBefriend people who are smarter than you for you have nothing to gain from idiots.\n\nPay cash for vehicles and other things.  If you don't have the cash then YOU DON"T BUY.  A lesson that will only make your life better.\n\nThink of assets as "something that puts money IN your pocket"  and think of liabilities as "something that takes from you pocket".     Aquire assets NOT liabilities !! !!  If you MUST buy things, why not buy things that make you money? !!\n\nStart believing that YOU deserve to be financially independent rather than you deserve that new car.  The car will only cost more and more money.  Get over the urges to inpress people with "stuff" you have.  Let them see you how ever they want and do not concern yourself with their thoughts.  Live by :  What people think of me is none of my business!!\n\nI could go on but then I just as well write a book....  ha ha ha\n\nBest Wishes on a bright financial future!!
587589
As much as you can afford to. Just because they are grown doesn't mean they don't make mistakes or need help. Just don't be taken advantage of.
462763
Be Independent, don't take others for granted, NOTHING comes free, even if it does, check every where for that hidden price tag! Treat others like you like to be treated. and most importantly BE GRATEFUL!
1101413
simply because one wants to lead a better life???\nother than a 5 room HDB govt apartment;\nToyota Vios;\noccasional holiday to Bangkok / Hong Kong;\nwork in a dead-end job where you are weary about retrenchment...report to a boss...who in turn reports to his/her boss;\nor even if you've attained management level and yet earn a meager $5-7k / mth\n\nTHAT's why we'd run our own business...big or small!\nbe your own boss.\n\nget involved in a successful organisation (preferably a public corporation) that itself is involved in the 3 Power Trends driving the world right now:\n- the Internet\n- products used by the "Baby Boomer" population\n- & true GLOBAL Distribution!!\n\nhttp://www.teaminmotion.net/guest.html\n\ncheck it out and email me (click Nick on left)\n\nyour time spent on it, may set you up for a long time to come.\n\ni'm the only one in sg involved at the moment...& legally.\njoin in Early for endless possibilities.\n(in fact, many countries/states are virgin markets!)
1045766
* Baby-sitting - Babysitting is a tried and true way for any responsible teenager to make money (IF you like kids!). Any community that has families with small children needs baby-sitters. However, it is extremely hard to find trustworthy and reliable baby-sitters who are available on a regular basis. Your business would provide in-home baby-sitting services. There are several things you can do to make your services more valuable. First, you should go take a Red Cross first aid course so that you know how to handle emergencies. You might also want to volunteer at your church if there is a day-care center there. You can pick up a lot of valuable experience that way. Second, you might want to consider teaming up with some like-minded friends. That way your group will be able to say "yes" more often and that will increase the number of calls you get. See this page for some great advice on babysitting.\n    * Lawn or yard care - Another perrenial favorite. During the summer you mow lawns, trim hedges and so on. In the fall you rake leaves. In the winter you shovel snow.\n    * Indoor house painting - You advertise your ability to paint individual rooms in a customer's house. Before undertaking this adventure you should make sure you know what you are doing by reading, working with someone with experience and practicing in your own home.\n    * Baked goods (cookies, cakes etc.) - Many families are too busy to bake their own cookies and cakes these days. However, having fresh-baked goods around the house is nice. Also, a family might need a home-baked cake for a school bake sale or a party. You could provide baked goods for special occasions like these or sell baked goods at local craft or farmers' markets. Check local health laws as you are starting this sort of activity.\n    * Cleaning - If you enjoy cleaning and do it well, then house cleaning for others is straightforward and easy. Find busy people in your neighborhood and clean for them once every week or two.\n    * Dog walking or vacation pet care - Most people who have pets want to give them the best care possible. Your business would help pet owners to do that by walking their pets daily or by providing in-home pet care when owners are on vacation.\n    * Errand-running for busy people - Busy people often do not have time today to stand in line to get their license plates renewed, to buy groceries or to run other errands. Your business would handle these tasks for them.\n    * Washing cars for neighbors - You can simply wash cars. There is also a whole industry called "car detailing". A detailer washes and waxes the outside and REALLY cleans the inside: vacuuming, washing the windows, armor-alling, etc.\n    * Teaching older people how to use computers or the internet - Many older people are totally affraid of computers. If you understand computers you can help them. You could come to the customer's home (or they to your home) and you could charge on a half-hourly or hourly basis.\n    * Using a computer application - learn Microsoft Word, Excel, PowerPoint, Access, etc. and then go get or create a part-time job in a small business using your skills (see also the Job Skills article).\n    * Creating Web Sites - If you are artistic and technically minded, there is a great opportunity available right now creating web sites for small businesses. Or try creating your own web site that generates a lot of traffic and make money selling ads on it. (see also the web site article)\n    * Making and selling something unique: A newsletter on something that interests you, something arty, etc. If you are artistic create greeting cards or draw portraits. You will discover that your greatest difficulty doing this is finding outlets, so work to solve that problem (you will learn an incredible amount in the process).
956
follow your common sense, get an education, start a buisness or get hired, manage your money wisely and take baby steps in life, evenutaly you'll find yourself seuccessful.
659531
The fact that you are asking the question means you are on the right track... you are thinking about it. I have people who work for me, smart kids out of college, who have no idea, so this is not an easy thing. I try to teach my employees basic principals to financial Independence that will help them be successful, one book I steer them to allot, and often give out at Christmas, is "The Automatic Millionaire"\n\nThe basic idea is this: don't live beyond your means, but scrimping and eating ramen don't help either. Skip high interest credit card debt, invest in your 401 k, buy real estate. Don't lease flashy cars, buy simple reliable ones you can pay off quickly and then move up slowly. Stocks? if you know what you are doing. It won't happen overnight, but if you follow the advice, it can happen even if you are not pulling down crazy money.
827760
have your own business. that is best.