1. Never run out of cash at start up. It's always advisable to carry out thorough research (pilot study, feasibility study, SWOT & SLOT analysis) before commencement of your business.
2. Run a lean business at start up.
3. Invest in businesses that generate daily cash flow. Make sure 'you count money daily' hmm..!
4. Save and reinvest your earnings.
5. Be strict and learn how to say no when necessary.
6. Do not allow your expenditure exceeds your income.
7. Always set out your priorities and budgets before your expenditures.
8. Avoid running into debts and loans.
9. Never allow your emotions to overrun your rational thinking when it comes to financial issues.
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