My favourite 10 tips when starting business:

1. Address excuses
Countless people dream of becoming entrepreneurs, but they never do. They’re burdened with excuses and fears of failing.
2. Absorb everything
Listen to what others have to say—friends, family, experts, even yourself. When it comes to things that have to do with your entrepreneurial goals, be a sponge.
3. Be a solution
Rather than starting your idea with what to sell, think about what it will solve.
4. Keep it simple
If you’re like many entrepreneurs, you have a business idea and you’re ready to run with it.
5. Count the costs
Once you start to develop your business idea, add up how much it will cost.
6. Imagine yourself with zero money
I mean zero. There is a high probability that this will happen. I’ve had several businesses not make it for the long haul. And, I’ve come close to bankruptcy.
7. Earn while you build
If you want to start a small business, don't quit your day job—yet. Launching a successful startup is a process.
8. Speak up about your business
One challenge many business owners face is that they don’t know how to sell.
9. Know the legal requirements for starting a small business
Starting a business is exciting. Laws are not. But, you need to understand the rules that come with opening a business.
10. Balance passion with wisdom
One of the most important ingredients in a successful business idea is passion.