- Don’t gamble with things you can’t afford to lose.
- Don’t do business with unpleasant or dishonest people.
- Hire the best people, pay them well, and get out of their way.
- If you pay enough attention to the downside of any transaction, the upside will take care of itself.
- Associate with only the best professionals; lawyer, accountant, banker, insurance.
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Vallum Blog
Stephanie's musing, thoughts, and observations on business, people, and life.
Bailie’s Rules
Stephanie Wall - Sunday, May 31, 2009
My good friend Bob Bailie provided me with these rules. He has developed them over the past 40 years and they have helped him become very successful; thought I would share them
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