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7 BUSINESS LESSONS FROM THE STREET

SEUN ADEOGUN

2014

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LESSON 1 NEVER ENTER ANY BUSINESS CONTRACT

WITHOUT SPELLING OUT & DOCUMENTING THE TERMS, CONDITIONS AND PAYMENTS STRUCTURE.

NEVER DO THE ABOVE WITHOUT IT BEING SIGNED BY PARTIES TO THE CONTRACT.

AN ORAL BUSINESS AGREEMENT IS NO AGREEMENT AT ALL.

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LESSON 2 NEVER ALLOW YOUR WORKERS OR A

SUBCONTRACTOR TO DEAL DIRECTLY AND PERSONALLY WITH YOUR CLIENT. IF THEY HAVE TO DO AT ANY TIME, MAKE SURE IT’S THROUGH YOU AND YOUR APPROVED CHANNEL!

THE CRUX OF THIS IS THAT YOU TRUST NO ONE!

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LESSON 3 NEVER OPEN UP THE KEY DETAILS OF

YOUR BUSINESS DEAL TO A 3RD PARTY WHO MAY BE INVOLVED OR BROUGHT IN TO DO A JOB AS A SUBCONTRACTOR.

SECRETS SHOULD BE KEPT AS SECRETS. MEN CAN BE BRUTAL AND SWIFT WHEN IT COMES TO MONEY MATTERS.

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LESSON 4 NEVER INFORM YOUR BEST FRIEND AND

FRIENDS ABOUT THE PROFITS INVOLVED IN YOUR BUSINESS DEAL! ELSE YOUR SAFETY IS NO LONGER GUARANTEED!

IF YOU HAVE 5 SECRETS MAKE SURE YOU KEEP 4 TO YOURSELF AND IF POSSIBLE YOUR MEMOIR WHICH MUST BE CAREFULLY HIDDEN!

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LESSON 5 NEVER EAT YOUR PROFIT UPFRONT.

SETTLE ALL NECESSARY PAYMENTS THAT WILL ENSURE THE SMOOTH EXECUTION OF THE ASSIGNMENT BEFORE DEDUCTING PROFITS. IF POSSIBLE HAVE A CONTIGENCY CASH FOR ANY UNFORSEEN BUSINESS CONCERN.

LET YOUR PROFIT DEDUCTION BE THE LAST THING YOU DO!

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LESSON 6 DEAL QUITELY BUT DECISIVELY WITH A

CRUEL BUSINESS PARTNER!

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LESSON 7

KNOW YOUR WORTH AND STATE IT CLEARLY TO YOUR CLIENT!

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THESE ARE THE LESSONS I LEARNT FIRSTHAND FROM A RECENT

BUSINESS DEAL!

THANK YOU!

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