The best 7 management tips ever
1. Surround yourself with strong people. Don’t be afraid to admit that you’re not great at everything.”
2. “Most entrepreneurs are Type A personalities and do most of the talking. But the older and wiser I become, the more I understand that the answer lies in listening.”
3. “Find a mentor who has been there. Problems are virtually the same in every business.”
4. “Fail faster. Don’t take five years to find out that it’s not going to work.”
5. “The real secret is if you can get a whole team of people to believe in your concept, then it’s got a life of its own beyond you. I see a lot of companies that are driven by one tireless entrepreneur. Those companies are doomed.”
6. “Be very focussed on your cash flow. It’s not the sexiest advice, but it’s practical.”
7. “Check your ego at the door. I learn every day from my staff, my kids, my wife. If I ever wake up and think I know everything, shoot me.”
Source: canadianbusiness.com