2. Terry 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
among the top 250 companies in Hawaii.
3. About 50 percent of new businesses fail within 5 years, according to
the Washington Post (circa January, 2014).
4. Below 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.
5. Terry Hay of New Zealand’s 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.