If you want to succeed in business in any capacity - employee, manager, or owner - you must have a solid, comprehensive understanding of what business principles actually are and how they actually work.

Business schools make a fortune forcing their students to take in a HUGE amount of information. The majority of it is theoretical. The majority of that is useless.

Every successful business creates or provides something of value that other people want or need at a price they're willing to pay, in a way that satisfies the purchaser's needs and expectations and provides the business sufficient revenue to make it worthwhile for the owners to continue operation.

The quickest and easiest way to screw up your life is to take on too much debt.

When you're feeling lost, take heart. It's just your brain gathering the information it needs to make good decisions.

A good salesman, as the old (and politically incorrect) saying goes, can sell a refrigerator to an Eskimo. It's a cliché, but there's some truth to it: Inuit who live above the Arctic Circle use insulated refrigerators to keep their food from freezing in subzero temperatures

If you want to succeed in business in any capacity - employee, manager, or owner - you must have a solid, comprehensive understanding of what business principles actually are and how they actually work.