Heres a few simple tips for anyone starting out in a business venture. 1. So you have a great idea. Do your home work. Research, Research, Research. Check out any history. Those who do no learn from past mistakes are surely doomed to repeat them. 2. Keep it simple. Try and keep things as simple as possible. Dont over complicate things that dont need over complicating. 3. Dont reinvent the wheel. If something already exists that works well stick with it dont try to change it. This could be a process or product. If it aint broke dont fix it. 4. Budgeting - Youve done all your calculations what ever the your costs are going to be double them. There may be things you havent seen or may not be aware of yet, or just bad luck. 5. Keep costs down. Dont spend more than you need to. Needs more than wants. 6. Similar to above, but dont move until you need to not when you want to. The time will come when you need to move on a discison, you need to be sure that you have to move on it or not. 7. Working out skills and use of time. How much is your time worth? Is it more cost effective for you to do something or outsource it to someone who can do it better and possibly cheaper. Just a few simple tips.