10 Golden Rules – Peter Jones (2024)

Peter’s top 10 rules to build a successful business.


Your vision is your destination. You’ll need a map to help you reach that destination, which will be made up of goals and results. The vision is the vital part, otherwise, you won’t know where you are heading and your goals will be irrelevant.


All businesses need business partners to grow. Tycoons know the importance of filling the gaps and weaknesses in their own skill set or business idea, by finding the parts of the jigsaw puzzle to create the best chance of success.


If you don’t believe in yourself or your idea, why should anyone else? Gain confidence through gaining experience, skills and knowledge. Change your perception of failure to realise that it provides feedback. Feedback provides essential learning to help know what not to do the next time.


Committing to follow through once a decision is made is an invaluable ally on your road to success. Be prepared to work hard and make sacrifices. Commit to a common goal and make it happen, but commit to yourself and your health too.


Tycoons make things happen. They are driven by results. Planning for your success is as important as achieving success. You need to know exactly how you got there so your success can be duplicated, scaled up and multiplied, and it is that which turns an entrepreneur into a Tycoon.


Anticipating the changing needs of the market and partners is crucial. Timing when to enter a market or not will help optimise success, as will knowing the right time and circ*mstances to start your business.


Tycoons go the extra mile. Perseverance, sheer determination and tenacity are core characteristics of the mindset of a Tycoon. Successful entrepreneurs battle against all the odds to build their business and always appreciate when it is time to get out. Try to have flexibility to work outside your own comfort zones in order to bring your dreams to fruition.


Relationships with people are key. Business and personal relationships should be cherished. Treat people how you yourself would want to be treated. Always remember that people are the lifeblood and engine room of any business.


Action is the bridge between your vision and results. Action involves figuring out how to get from where you are now to where you want to be. Without action there would be no results.


Listen to your instincts. They can protect you from making poor business decisions and guide you down the right path.

10 Golden Rules – Peter Jones (2024)


What are the golden rules of safety? ›

Never walk past unsafe acts or conditions. Never remove, bypass or modify a safety device without authorisation. Never enter a delineated hazardous area without authorisation.

What are the golden rules in life? ›

Golden Rule
  • Treat others as you would like others to treat you (positive or directive form)
  • Do not treat others in ways that you would not like to be treated (negative or prohibitive form)
  • What you wish upon others, you wish upon yourself (empathetic or responsive form)

What are business golden rules? ›

Don't try to do everything yourself

There's only so much you, as a business owner, can take on. We imagine the reason you started your business is because you're passionate about the products or service you provide, not because you love running your accounts, negotiating legal matters or managing your marketing.

What are 10 pieces of entrepreneurship advice no one will give you? ›

10 Pieces of Actionable Entrepreneur Advice For Aspiring Business...
  • Follow Your Skills.
  • Stay Flexible.
  • Use Your Experience.
  • Get A Mentor.
  • Think Like Your Target Audience.
  • Keep Employees in the Loop.
  • Hire Creative People.
  • Keep Your Equity.

What are the 3 basic golden rules? ›

1) Debit what comes in - credit what goes out. 2) Credit the giver and Debit the Receiver. 3) Credit all income and debit all expenses.

What are the 10 general safety rules? ›

  • Safety Rule #1 Know Your Name, Number and Address: ...
  • Safety Rule #2 Do NOT Eat Anything Given By A Stranger: ...
  • Safety Rule #3 Do NOT Climb the Fence: ...
  • Safety Rule #4 Do NOT Walk out of the Yard Alone: ...
  • Safety Rule #5 Playing Or Experimenting with Fire Is NOT Allowed: ...
  • Safety Rule #6 Never Go Anywhere with A Stranger:

What is the golden rule the best rule? ›

The “Golden Rule”—“Love your neighbor as yourself”—is doubtless the most widely known and affirmed ethical principle worldwide. At the same time, it has its serious, quasi-serious, and jocund critics.

What is the golden rule of Jesus? ›

Golden Rule, precept in the Gospel of Matthew (7:12): “In everything, do to others what you would have them do to you. . . .” This rule of conduct is a summary of the Christian's duty to his neighbour and states a fundamental ethical principle.

What is the golden rule of Confucius? ›

And five centuries before Christ, Confucius set forth his own Golden Rule: "Do not impose on others what you do not wish for yourself."

What is the golden rule of human? ›

The most familiar version of the Golden Rule says, “Do unto others as you would have them do unto you.” Moral philosophy has barely taken notice of the golden rule in its own terms despite the rule's prominence in commonsense ethics.

What are the 10 golden rules for meetings? ›

10 golden rules for meetings & seminars
  • Set a time limit. Time is money. ...
  • Define a presenter or chairperson. ...
  • Only talk about topics on the agenda. ...
  • Make the most of the meeting space. ...
  • Also take a break once in a while. ...
  • Take minutes of the meeting. ...
  • Set verifiable goals. ...
  • Ensure follow-up discussions.

What is the Golden Rule in real life? ›

The Golden Rule doesn't really mean that you should treat someone else exactly as you'd want them to treat you … it means that you should try to imagine how they want to be treated, and do that. So when you put yourself in their shoes, ask yourself how you think they want to be treated.

What are the 5 golden rules of be there? ›

The Five Golden Rules:

Say What You See. Show You Care. Hear Them Out. Know Your Role.

What are the common rules needed to effectively manage a small business 10? ›

The following are the 10 rules that will help in managing a small business:
  • Finding a niche. ...
  • Magnifying your ideas. ...
  • Distinguishing your products. ...
  • Creating the right impression. ...
  • Maintaining a reputation. ...
  • Constant efforts for enhancement. ...
  • Be all ears to your customers. ...
  • Planning is the key.

What are the 7 traits of successful entrepreneurs? ›

The 7 signs of an entrepreneur include a strong work ethic, passion and drive, risk-taking, resilience, innovation, adaptability, and networking and building relationships. By identifying these traits in yourself and working to develop them, you can set yourself up for success as an entrepreneur.

What are the to 5 business rules? ›

Throughout my topsy-turvy business journey, I've discovered five critical things an entrepreneur should never do:
  • Believe bigger is better. ...
  • Put all of your eggs in one basket. ...
  • Neglect your best employees. ...
  • Trust everyone. ...
  • Ignore your finances.

What are the rules to be successful in business? ›

10 Rules for building a successful business
  • Compliance. Before starting a business, a few compliances need to be completed: ...
  • Ideas that prosper. ...
  • Research. ...
  • Business plan. ...
  • Share your profits with your associates. ...
  • Communication. ...
  • Appreciation. ...
  • Celebrating success.

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