Lessons from the Lemonade Stand: 101 Common Sense Management Tips

Richard Branson does it effectively from a hammock in the Necker Island, Warren Buffet has been doing it since he was 11, and Bill Gates used it to single-handedly build an empire.

Arguably the most powerful and effective managers in the world, these men have one thing in common – they owe their management acumen and success not to fancy business degrees from the hallowed portals of Harvard and Yale, but to plain old, not-so-common, common sense.

For those of you who’ve forgotten your first management lessons, here’s a back-to-basics primer to bring to the fore the principles and rules that really matter.

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