When in the course of human events man decides that he wants to make more money, he becomes an entrepreneur.
Further …

We hold these truths to be self evident that not all potential Entrepreneurs are created equal. The select few will succeed and many will fail, while many more will have mixed results with both successes and failures.

Rules to live by:

Always be honest. Never lie even to secure the biggest order of your life and make millions of dollars. Even a small lie will haunt you if when caught.

Turn away business if in order to secure the business you have do something unethical.

The Entrepreneur that fails to plan starves. So plan.

With success comes a big target on your back. Everyone is gunning for #1. The truly great entrepreneurs find a way to be successful and reach #1 while minimizing that target.

Always listen to what others have to say. But do not always believe and take as gospel everything you hear.

As an Entrepreneur you don’t know as much as you think you do. When you need help, get it from those that know more about how to deal with the problem.

Don’t build an empire on sand. It will sink.

Quick and dirty always makes a mess and causes problems in the long run.

Crap does as crap does. It sits there, smells bad and drives people away. Don’t ever settle for crap!

Past fortunes are not a sign of future potential.

Past failures are not a sign of lack of potential.

If you can’t think of something new, think of a way to do something old but better. People make a lot of money revising other people’s ideas and improving upon them.

If your rear end is sore from sitting in a chair all day, you are not taking care of business and keeping in touch with the important things.

As the boss, keep an open door and an open mind. But keep your brains in your head.

Delegate the tasks you must but never let go of the checkbook. Always know exactly what your costs are.

If you have to play with other people’s money you’ll wind up working for them instead of yourself. Even if your name is on the Company.

Creditors will rarely have as much patience as you do.

If you don’t trust your employees to keep the business running smoothly while you take a much needed vacation you haven’t done your job properly.

Find the best place for your money and invest it there.

20% of $3,000 profit is better than 0% of $5,000 profit. Sometimes you have to take what you can get. Or greed can take food off your family’s table if you let it.

If you have to get in a price war with your competition you haven’t convinced people why you are better than your competition.

NEW If you want to bag an elephant don’t spend too much time at sea.  In other words go where the money is not where it is not!