Starting Small is the Key to Success

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Tom Corley boats - crop

Everything big, was once small. 

Small habits lead to lifelong habits. Lifelong relationships start with a hello. While home runs in baseball get most of the glory, the vast majority of runs scored come from singles and walks. 

If you’re an entrepreneur starting a new business, you want to start small. Smart entrepreneurs always start small because they know that new businesses almost always run losses in the early years.  Smaller businesses have lower expenses. Lower expenses results in smaller losses. Smaller losses means using less of your limited working capital.

The really smart entrepreneurs start businesses on the side, while working full-time jobs. The earnings from the full-time job can help fund the side business until it begins to turn a profit.

When you start small, eventually you figure out what to do and what not to do. When you figure out what to do and what not to do, that’s when your business starts to turn a profit. If the business is profitable enough, you can leave your full-time gig and devote yourself full-time to your growing business.

Starting small is the key to success.

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Thomas C. Corley About Thomas C. Corley

Tom Corley is a bestselling author, speaker, and media contributor for Business Insider, CNBC and a few other national media outlets.

His Rich Habits research has been read, viewed or heard by over 50 million people in 25 countries around the world.

Besides being an author, Tom is also a CPA, holds a master’s degree in taxation and is President of Cerefice and Company, a CPA firm in New Jersey.
 
Phone Number: 732-382-3800 Ext. 103.
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