GURBAKSH CHAHAL'S 27 LESSONS ON ENTREPRENEURSHIP

He is an Indian-American self-made entrepreneur, author, TV personality, and motivational speaker. By the age of 25, he founded two advertising companies worth $340 million. In his interview with Oprah Winfrey, she introduced him as "one of the youngest and also the wealthiest entrepreneurs on the planet Earth." He is now the Founder, Chairman & CEO of gWallet, Inc.

They following are 27 lessons on entrepreneurship, as discussed in G's book - The Dream:

1. Listen to your heart.
2. Forget noble motivations (one I disagree with)
3. Adjust your attitude
4. Figure out what you’re good at
5. Trust your gut
6. Do your homework
7. Be frugal
8. But don’t be frugal with hiring
9. Hire smart people
10. Don’t expect perfection, but strive for it
11. Learn to listen
12. Own your mistakes
13. Never compromise your morality
14. Never lose sign of the competition
15. Watch your back
16. Don’t procastinate
17. Don’t do anything by half-measures
18. Be nice to people
19. Negotiate from a position of strength
20. Expect the unexpected
21. Perception is reality
22. Don’t get emotional
23. Be fearless
24. Pick your battles
25. Grow a think skin
26. Take chances
27. When you commit, you really have to commit.

Source: Ryan Allis