Andrew Tan Quotes

It's an error in judgment to bounce into starting a small business before you cash in on building a strong foundation.

Most people end up owning a business by accident. Therefore, they don't usually have a thought process and a strategic plan in place.

I can't understand the conditions of a corporate product being designed and getting millions. I admire it, it's great, but I don't know how to do that. I have to have the wheel.

I don't think you should ever start a business and move in a direction where you can't see it becoming a business.

The only way anyone's going to succeed is to build the product.

Every entrepreneur, whether man or woman, should start with a robust business structure.

If opening your own business is the dream, then it must start with a Dream - not only to understand what it is that you want to do, but also, how you are going to build something better than the same chaotic environment you just left.

If a founder has passion and innovation, he needs to be supported. I am more intuitive than a numbers person, and I recognise that not all investments are going to be positive. Some may fail, and some may have problems for other reasons. That is life.

Mitt Romney understands free enterprise, he has worked in it. He has seen companies succeed and he has seen them fail, too. He knows what people think about when they invest their money.

Your goal as an entrepreneur is to understand not only what your business does but the clients that it serves. If you really have your pulse on their needs and wants, then your 'absolute' failures are always going to have limits.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

Business books are generally read and written by people who aren't good at business.

Taking risks and being focused, sometimes, are at odds. Both are required to build a great company.

To build a great business, you have to do something hard just to be able to withstand all the competition that will later come your way.

While 'The Owner's Manual' is not a formula for guaranteed success by any means, we're confident it will help reduce the failure rate of most startups that use our Customer Development process.

You can't be successful in business without taking risks. It's really that simple.

All good entrepreneurs have to start somewhere with a dedicated plan to finish in a great place.

The statistics for investing in small businesses are such that the vast majority fail.

The most dangerous thing for an entrepreneur to do is to actually go into a business that he does not understand fully.

You can be as creative as you want to and build all these cool projects, but ultimately, if they're not successful and you don't have the business structure in place, everything will flop.

The biggest challenge being an entrepreneur is knowing what you are good at and what you need to build on.

Before you start a business, careful planning is in order to obtain to where you ought to be. The biggest part is to ensure that, once you might have created your own plan, that you simply take motion. Without motion, you are unable to succeed.

Nine out of ten businesses fail; so I came up with a foolproof plan - create ten businesses.

The thing I preach constantly is do your research; build your knowledge base. Don't just go into business on a whim or a prayer - and don't think 'I'm an entrepreneur so I have to take risks'. Entrepreneurs don't take risks. They take calculated risks; only the good ones.

Take more chances than you dare. You'll make more sales than you expect. That's the formula.