Survive The Recession With Dragon’s Theo Paphitis | The Daily Dust delivering the best bric a brac, daily news and events with a British flavour

Dragon’s Den Feisty Guru Theo Paphitis gives the 12 Rules To Run A Successful Business.

To follow up his investigation of the banks vs the small business community in the United Kingdom on Panorama, serial entrepreneur Theo Paphitis has laid out his twelve rules on running a business.

  • Reduce the risk.
  • Don’t fool yourself.
  • Learn to let go.
  • Know that cash is king.
  • Embrace change.
  • Use common sense.
  • Make decisions.
  • Weigh up the opposition… and yourself
  • Start small.
  • Get your staff on board.
  • Capitalise on other people’s ideas.
  • Turn your dreams into reality.

The full list, with explanations and examples, can be found on the Panorama website.

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