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When a cow chases you…

There’s much you need to know to make your dreams come true, but as an entrepreneur one of the most important, and perhaps difficult, is this: Focus.Learning, or rather training yourself, to focus on one project, one goal, one dream at a time is key to your ultimate success.

If you don’t love it, you’ll probably leave it

nce after I spoke at a college commencement ceremony, a young graduate approached me with a question. “Mr. Lowe,” she asked, “since you’ve become a successful entrepreneur, I’d like to ask your advice about a venture I have in mind.” Of course, I lent her an ear.”I’d like to set up a dry-cleaning business,” she explained. “In Paris.”

If you can’t be a fox, be a junkyard dog

My friend Kenny Rogers sang one of the most famous pieces of advice in country music: “You gotta know when to hold ‘em; know when to fold ‘em.” Gambling aside, these words could easily fit an entrepreneur when it’s time to cut a deal.In the cat-box-filler industry, clay-rich lands feed our manufacturing furnaces. Cut off the raw-material supply, and our business would shut down almost overnight. Such an occasion forced me to make one of the costliest deals of my life.

Never invest in anything that needs paint

This rule came from my Grandpa Huber. Actually, it was part of a trio of warnings he gave me, including, “Never eat at a restaurant named ‘Mom’s,’ ” and “Never play cards with a guy named Ace.” These last two rules are easy to understand, but I never fully comprehended the first one until I bought Jones. Jones is a…