7 Best Business Deal Tips from One of My Startup Consultants

“A person who never made a mistake never tried anything new.” – Albert Einstein

I agreed to edit my friend’s book and write the foreword. He said it’ll be his last hurrah. The title of his book: My Last Shuffle: I Fought Parkinson’s Disease To A Draw — How Past Experiences Pushed My Fights To The Limits.

I’m almost done proofreading, not editing, because Rick’s a prolific writer; I couldn’t match his elegance. He’s also one of my startup consultants. Since he’s US-based, he shares with me his advices through Facebook Messenger. And the recent one is about how to handle business deals:

1. Avoid conditional deals.
2. Deals must be arm’s length.
3. Watch for fine prints. If contracts weren’t originated by you, watch out for terms like jointly and severally, and some quasi-legal terminologies.
4. No favored relatives in business.
5. Take care of timing; competition will sprout like mushrooms. One cannot be on top forever. Secure the present.
6. When doing deals don’t forget your love affair.
7. Don’t get glib VA’s. Select humble ones; the same mould as you are.

I couldn’t express how lucky I am to be surrounded by people like Rick. He’s like a big brother who checks on me once in a while and doesn’t hesitate to give feedback good or bad. No wonder, his book will become a bestseller.

There’s a saying that goes, “Ask for forgiveness, not permission.” So without Rick’s permission, here I share with you the foreword I wrote for his book:

This is an amazing true to life story of a person who was exposed to three different cultures early in his childhood life: Filipino, Japanese and American. How he and his families survived trials and tribulations to these modern times from the living past is an example of a man’s true grit, wrapped with luck and blessings.

This book is an inspirational reading material for everyone and a must for those associated with Parkinson’s syndrome and to anyone who loves game fowls as well.

I can truly say that the life of Rick Concepcion also fits the honorable Nelson Mandela’s statement:

“Do not judge me by my successes, judge me by how many times I fell down and got back up again.”

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