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3 Skills Every Entrepreneur Needs

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When faced with an uncertain future, many people choose to do nothing. They worry and whittle away time on meaningless make-work. They'll tell everyone about their great plans, but will spin and spit and do almost anything other than take positive steps to move their lives forward.

The best single piece of management advice I ever got was over a cup of coffee with one of my company's directors, billionaire developer and speedboat racer Tom Gentry. He told me, "Make the right hiring decisions in the first place, and a lot of other decisions never have to be made." That gem has saved me a lot of grief over the years.

15 months ago