11 Business Rules You Should Know

Posted: 26 Sep 2012 11:57 AM PDT

A couple of weeks ago I came across an interesting post by my buddy Neil Patel. Neil is one of the most successful online marketers and entrepreneurs I know, so when he talks about business, I listen.

The post is called 11 Rules to Work By, and he basically shares some tips he learned along the way of building his online business. Here’s the first one:

Rule #1: Never fly solo

Google, Apple, Groupon, Zygna, and Microsoft are just a few of the examples of companies that are doing very well. Do you know what they all have in common? They were all founded by multiple co-founders.

If you want to get into the business world, do it with someone. Flying solo may sound great at first, but things can get tough if you don't have a co-pilot. This way when you are unsure of what to do when things get tough you have someone you can consult.

The most important time to have a co-founder is when you first start your company. This is typically the time where cash is tight and you can't afford to hire people even though there is a ton of work that needs to be done.

If you are one of those lucky few that already have a co-founder, good for you! If you don't you should read this article, as it will help you find the perfect business partner.

Make sure to read the whole article, as the other 10 tips are quite valuable as well. If you think there’s a tip missing feel free to share it with a comment below.