Discussion on: What are some of the biggest lessons you've learned as an entrepreneur?

• Doing taxes yourself, you are standing with one foot in jail already. Find someone that does taxes for a living and don't skimp on money in that regard. A good tax advisor easily earns his money back and then some.
• Laws are brutal, don't try to understand them, find someone that does and pay them handsomely
• Insurances are important, it's better to have one and not need it than need one and not have it
• Employing people drastically increases your work, the benefits of previous points add up here too. The moment your first employee starts his work, new laws and tax regulations may apply. You'll be happy to have a tax advisor and lawyer on hand to prepare you for the changes.
• Invest in your employees and treat them as your equal, money should be your very last concern
• If you can legally cheat the system and get your money back, going back to taxes for example, don't feel bad, just do it
• If you can save money, most of the time you'll regret doing so. Money is just like materials for a workshop, materials that sit around for too long go bad or not having enough of them can and will bite you. It's just money, a resource, use it to generate more.
• That being said, have a rainy day fund. Being able to pay the bills of, for example 3 months, without income is going to help you sleep better at night. 3 months might not sound like a lot, but considering the current global pandemic, 3 months can save your company.

I can probably think up more, this is just off the top of my head