Modern Wisdom #083 - Business Principles 101
16 snips
Jun 24, 2019 
Yusef, co-founder of PropaneFitness.com and a doctor, shares his insights on entrepreneurship and business. He discusses the challenging decision of whether to leave a stable job for a new venture. The conversation also critiques the value of formal education compared to practical skills in business. Personal anecdotes shed light on the evolution of his coaching business and the marketing strategies that led to success. Listeners gain wisdom about navigating the digital landscape and the need for adaptability in a fast-changing business world.
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Start Small
- Start small with minimal financial risk when beginning a business.
- Don't remortgage your house for a business with no prior experience.
Voodoo Events
- Chris's first business was a club promotion company called Voodoo Events, co-founded with his current business partner.
- They started working together on the first day of university and are still partners 13 years later.
Learn from the Ground Up
- Learn every aspect of your business from the ground up, especially in small to medium-sized enterprises (SMEs).
- This provides a comprehensive understanding of all processes and allows for effective problem-solving.
