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44 Ways to Kick-Start Your New Year

Success

Find a mentor. I want to evaluate my cost-of-living expenses and see where I can cut back. I just started my own business, and I want to evaluate my income versus my expenses to see where I am currently, with the ultimate goal of hitting the salary I want to make. Ask questions of mentors and peers. Attend training.

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How to Survive a Recession, According to a 91-Year-Old Business

Success

The key to staying in business and being profitable, Hustead notes, requires regularly monitoring your overhead, labor, inventory expenses and revenue: “If you run out of money and go broke, you’re out of business.” My dad told me: ‘Rick, if you want the restaurant to run well, be in the restaurant.’ Great advice.”

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Collaborating With The Enemy: Competitive Advantage? | THE SMALL.

The Small Business Blog

Within his business he has established what he calls a Mentor Board of Advisors, a group of people he turns to for advice and learning. Not surprisingly this group includes mentors within his own industry, but what is unique about Scudamore is that some of these mentors run the businesses he competes against every day.