No. 1 rule of business is 'stay in business'

No. 1 rule of business is 'stay in business'

The No. 1 rule of business is "stay in business," and running out of capital breaks that rule. Therefore, the most valuable person to have on a team, when starting or running an early stage business, is someone who either has plenty of capital or has the ability to raise capital.

To build a big business you’ll need plenty of capital to provide you with time to evolve. And you’ll need much more capital than you think.


Inspired by: Entrepreneur - The 5 Types of People You Need on Your Team When Starting a Business, by David Meltzer