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The Three Es

January 25th, 2007 by Amish Parashar

Three ‘L’s have defined common wisdom on real estate…’Location, location, location’ is the mantra which almost defines valuation of property (although anecdotal, it is time-tested and widely practiced). If I had my way, everyone would know the three ‘E’s of business: Execution, execution, execution. The accomplishment of tasks (with or without a business plan - see this entry ) is by far the most important aspect of building a successful business. I’ve seen entrepreneurs fall into the trap of over-planning and under-executing – something that doesn’t add much value to a new company or a new venture. To stack the odds of success in your favor, start strong. Have the best team on board early (you can reduce costs by bringing onboard a flexible outsourcing service) to get work done – after all it is refining your businesses processes to create meaningful, valuable output that define successful, growing businesses.

Posted in Bootstrapping, Entrepreneurial, Non-Profit, Start-up, Venture Capital |

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