Page 245 - Paulisms: Gold Nuggets for Small Business

Summing Up
I wrote this book to give back to small business, as I realised that the problems and experiences I incurred in my journey were the same for thousands of other businesses and their owners.
If a small business owner only takes away one thing as a result of reading this book, then I feel very happy that my book, Paulisms, has been a success.
The book is targeted at the small business owner, however from my experience in dealing with larger companies, they too can pick up on some of these gold nuggets.
I was struggling to write a summary to the book, and when I was out walking on a secluded beach, I suddenly thought that I should use one of my nuggets from the book, the 80/20 rule, to pull the book summary together.
There are over 55 Paulisms in my book; therefore, I will summarise 20%, or 11, of my favourite takeaways and hopefully give you 80% of the takeaways from the book.
Here goes:
1. Start the way you want to finish
Set your business up with the right base from the start, with a clear model and structure in place. Start with a vision of where you will end up. Put appropriate controls and systems in place. Don’t try and do it all yourself. It’s imperative that you put good accounting and disciplines in place.
2. Goals and plans