1.When you give up too early it gets worse but when you persist, it gets better.
2. If you don't learn from business failures you're bound to fail again.
4. When your business is something that truly satisfies a need, capital wouldn't be a problem as ideas attract capital.
Once again; integrity is the greatest capital.
There are no short cuts.
You must put in 3 times more effort compared to someone doing the same business as you somewhere else in the world before you can succeed as you're already at a disadvantage starting a business here.
Your priority should be to reduce costs to the barest minimum and maximise profit to the maximum.
12. When your first business is at a stage where it can stand on its own without you being there then you can consider starting another business.
There's no need planting another tree when the first tree isn't bearing fruits yet.
Put yourself on a salary from the business. This salary should be something the business can conveniently afford.