Buildingblocks Financial Inc

#304 - 175 E Broadway
Vancouver, BC, V5T 1W2


10 Commandments of Business

The only business book I have ever enjoyed or taken value from is Norm Brodsky's book Street Smarts. In his book, he lists his Ten Commandments of Business:

  1. Numbers run a business. If you don't know how to read them, you're flying blind.
  2. Cash is hard to get and easy to spend. Make it before you spend it.
  3. Don't focus on the top line. Gross margin is the most important number on the income statement.
  4. A sale isn't a sale until you collect.
  5. When your short-term liabilities exceed your short-term assets, you're bankrupt.
  6. Forget about shortcuts. Run a business as if it's forever.
  7. Identify your true competitors, and treat them with respect.
  8. You have no friends in business, only associates.
  9. Culture drives a company. In the long run, the boss's most important job is to define and enforce it.
  10. The life plan has to come before the business plan.

I agree with all 10 of his Commandments. If you do too, we will be on the same page and will work well together.