Most people learn from doing, a few learn from listening and observing others. Please share your most valuable lessons learned so we can learn from others before making the same mistakes ourselves. Thanks in advance.
Most people learn from doing, a few learn from listening and observing others. Please share your most valuable lessons learned so we can learn from others before making the same mistakes ourselves. Thanks in advance.
The most valuable lesson I learned when I owned my small business was this:
There are people in this world, who intentionally NOT pay as many people as possible, choosing instead to use lawyers to bully people.
There are people in this world, that will read through every scrap of your contract, find the ‘value’ in it, and once they determine a path to fuck you, they will 100% fuck you over.
There are people in this world, who never planned on paying you ever.
There are people in this world who will pay with a major credit card, run up a $5k bill, and 90 days later do a charge back at the time you desperately need that money most.
Chase® will automatically close your account if you deposit a check from a known (to chase) fraudster. This means, if you take a check from [X Industries], deposit into your account, they will immediately freeze your account and kick you out of Chase® because they now see you as a liability for being associated with a fraudster. But get this, YOU won’t EVER know who is/isn’t accepted by Chase®. One day you will get a client, who will write you a check, go deposit it at Chase, and poof, your account will be closed. Nothing you can do either.