Title: Terry Hay New Zealand - How to run a business effectively
1How To Run a
Business Effectively
Terry Hay of New Zealand
2Terry Hay of New Zealand has led an illustrious
career that has seen many successes. After
graduating from the University of California,
Irvine (UCI), he launched his first company in
Hawaii, growing it into a business with a staff
of 40 people that was ranked among the top 250
companies in Hawaii.
3About 50 percent of new businesses fail within 5
years, according to the Washington Post (circa
January, 2014).
4Below are some tips that might prove helpful in
finding success with running your own business
1.) Make Sure Cash is Flowing - The lifeblood of
a business is the money that runs into it. If
starting a new business, find ways to onset cash
flow immediately.
2.) Keep Costs Down - Try to ensure that all of
your business expenses are as minimal as
possible.
5Terry Hay of New Zealands success in business
came after his diligent time as both a marine and
a student. After serving in Vietnam, he worked as
a gardener, dishwasher and trash collector while
attending UCI.