"It’s fine to celebrate success but it is more important to heed the lessons of failure.”

Often, the best ideas come from what you’ve done wrong, rather than what you’ve done right. Identify both and use them as lessons that you can apply into the real world.

"Success is going from failure to failure without losing your enthusiasm."

Remaining cheerful and optimistic in adversity is one of the best traits a small business owner can have. There will be good times and there may be bad, but facing challenges with a positive disposition will make them easier to tackle

"Failure is success if we learn from it.”

Ask any business owner and they’ll likely admit to having several enterprises and ideas that never got off the ground before one took off. This could be the same for you, so be sure to use each as a lesson.

"Risk more than others think is safe. Dream more than others think is practical."

Incorporate big goals into your five, ten and twenty–year plans and steadily work towards them. Soon enough, these dreams won’t seem so crazy.

"The biggest adventure you can take is to live the life of your dreams.”

Stop daydreaming and start working with MJ’s words etched into your memory. You’ll quickly start to live, learn and love through your business and, chances are, you’ll be far better off for starting this adventure

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"Stop chasing the money and start chasing the passion.”

All you need is a passion to start a small business. It’s this entrepreneurial spirit that will keep you cruising through the good times and the bad. The money will come soon enough if you stay focused.

"Believe you can and you’re halfway there.”

Self–belief is paramount when it comes to launching a new venture. Because if you don’t believe in your new project, why should your customers and investors?

",Don’t be afraid to give up the good to go for the great.”

If you’ve got a comfortable job, it may be hard to break it off and follow your entrepreneurial spirit. This will be your first challenge. But once you take that first step, better things can follow.

"The price of inaction is far greater than the cost of a mistake.”

Similar in tone to the old adage, ‘it's better to have loved and lost than never to have loved at all,’ it's better to try and to mess things up than to never even attempt something great. As an even older saying goes, you can't make an omelette without breaking eggs.

"An entrepreneur is someone who has a vision for something and a want to create.”

Found something that the world is missing? That could be your USP. If you have the drive to create it and to bring it to market, that makes you a true entrepreneur. Incite the change you want to see in your industry.

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"There’s nothing wrong with staying small. You can do big things with a small team.”

If you’re worried about staffing or people power, chances are your team doesn’t need to be as big as you think. Instead, streamline your methods and elimanate anything making things harder than necessary. Your business and customers will thank you.

"The secret to successful hiring is this: look for the people who want to change the world.”

When building your team, don’t settle for the mediocre: identify people – whether through friends, word–of–mouth or social media – who share similar values to you and your business. Hire them and enjoy working on a common objective

"There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”

Whatever business or founder you admire or aspire to be like, there have been months and years of hard work to get to where they are now. Your ventures are likely to be the same – prepare, work hard and learn from mistakes.

"The goal isn’t more money. The goal is living life on your terms.”

Running your own busioness gives you a certain level of freedom and control. Granted, those come with significant strings attached. But you get to call the shots. Relish in that.

"Money won’t create success, the freedom to make it will.”

Technically speaking, you could have countless investments pouring into your business, but without the right vision, it could all go to waste. Give yourself the freedom to think and to work without being driven by money.

"Someone is sitting in the shade today because someone planted a tree a long time ago.”

Giving your loved ones a sense of freedom in later life can be an incredible gift. If you work hard now, you and your loved ones could get to enjoy the freedom it brings later in life.

"If you really look closely, most overnight successes took a long time.”

Things won’t happen overnight – your profit won’t increase four–fold and customers may not suddenly come in droves. Real, viable business can be a slow–burner, so be patient.

"When we do what we are meant to do, money comes to us, doors open for us, we feel useful, and the work we do feels like play to us.”

I'm urging us to spend time on what we like doing, what we enjoy doing, and what we feel comfortable doing. The rest, will come automatically

"Try not to become a man of success. Rather become a man of value.”

Earning money through your small business is one thing. Adding value to society and to your community, however, is another. This could come in many forms. Some consider philanthropic efforts to give their businesses an extra edge and give back to the community. Other simply try to make their businesses part of the community.

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"Education costs money. But then so does ignorance.”

Remember that a business degree or course won’t teach you everything. Often, real–world is much more valuable than what you’ll learn in a lecture hall. Learn from your customers, listen to other like–minded entrepreneurs and know your industry.

. “A business that makes nothing but money is a poor business.”

There's more to life than money, Well, you don't need to revolutionise your own industry and tens of others to bring something of value into the world. Maybe your business helps people or makes them happy, or maybe some of your profits go to a cause you believe in. Whatever it is, having an impact beyond your bottom line will help during the difficult days.

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