🧭From Start to Scale: 100 Business Rules

Timeless Principles That Build Real Businesses.

Hard truth: the order you tackle the Rules matters. You don’t build a house by picking out the curtains first. You start by pouring a foundation, then framing, then wiring and plumbing, then you worry about the trim.

If we were mentoring a serious young entrepreneur—we’d recommend they study the Rules in an order that mirrors how enduring businesses are built, not how social media or pitch contests glorify them.

📝 Beginning entrepreneurs — below is the sequence we prescribe, in 7 Phases, starting with Rule No.1 (the only publicly available Rule).

đŸ–‹ïž Seasoned executives and CEOs — scroll the entire page for reminders and daily refreshers — jump in wherever today’s issue resonates.

We invite all Executives Institute Members to contribute your insights to the Rules that resonate with you.

The insight you share might be the turning point someone else is waiting for. What seems obvious to you today might be the spark that changes someone else’s path tomorrow.


PHASE 1: FOUNDATION—Problem, Customer and Focus

  • RULE NO. 2 is Fall in love with the problem, not the solution.
  • RULE NO. 12 is Know your customer deeply.
  • RULE NO. 6 is Your first idea is rarely your best.
  • RULE NO. 3 is Differentiate or die.
PHASE 2: VALIDATION—Proof, Focus and Your First Sales
  • RULE NO. 28 is Learn by doing.
  • RULE NO. 13 is Know your numbers.
  • RULE NO. 20 is Cash flow is king.
  • RULE NO. 9 is Focus beats multitasking.
PHASE 3: EXECUTION—Discipline, Systems and Your Early Team
  • RULE NO. 26 is Define it. Measure it. Achieve it.
  • RULE NO. 7 is Momentum beats motivation.
  • RULE NO. 8 is Don’t mistake movement for progress.
  • RULE NO. 15 is Work on the business, not just in it.
  • RULE NO. 23 is Simplicity scales.
  • RULE NO. 33 is Processes protect your time.
  • RULE NO. 31 is Delegate outcomes, not tasks.
  • RULE NO. 22 is Hire slow, fire fast.
  • RULE NO. 24 is Own your mistakes.

PHASE 4: GROWTH—Scaling, Brand and Culture
  • RULE NO. 32 is Don’t scale chaos.
  • RULE NO. 11 is Your brand is your promise.
  • RULE NO. 37 is Build trust before selling.
  • RULE NO. 40 is Sell the vision, not just the product.
  • RULE NO. 21 is Clarity creates confidence.
  • RULE NO. 38 is Build once, sell forever.
  • RULE NO. 35 is Raise the bar, then raise it again.

PHASE 5: STRATEGIC RESILIENCE—Endurance, Leadership and Legacy
  • RULE NO. 30 is Profit is not a dirty word.
  • RULE NO. 4 is Play the long game.
  • RULE NO. 29 is Protect your downside.
  • RULE NO. 5 is Make fewer, bolder moves.
  • RULE NO. 36 is Build a business that runs without you.
  • RULE NO. 34 is Great businesses outlive great products.
  • RULE NO. 46 is Don’t outgrow your values.

PHASE 6: PERSONAL MASTERY—Mental Fortitude, Growth and Integrity
  • RULE NO. 16 is Time is your most precious asset.
  • RULE NO. 18 is Your calendar reflects your priorities.
  • RULE NO. 10 is Never stop learning.
  • RULE NO. 25 is Ask better questions.
  • RULE NO. 43 is Run your race.
  • RULE NO. 45 is Protect your mental bandwidth.
  • RULE NO. 39 is Your network is your net worth.
  • RULE NO. 42 is Feedback is a gift.
  • RULE NO. 41 is Reputation compounds.

PHASE 7: HARD TRUTHS—Decisiveness, Delegation and Letting Go
  • RULE NO. 27 is Do the hard things first.
  • RULE NO. 19 is Stop doing what doesn’t work.
  • RULE NO. 14 is Know when to let go.
  • RULE NO. 49 is People over processes.
  • RULE NO. 44 is Own your edge.
  • RULE NO. 48 is Give more than you take.
  • RULE NO. 47 is The bottleneck is at the top.
  • RULE NO. 50 is If you’re going to eat shit, don’t nibble.

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🚧 PHASE 1: FOUNDATION—Problem, Customer, Focus

Don’t build anything until you have this locked.

RULE NO. 1 is Solve a real problem.
Recommended Reading: The Lean Startup by Eric Ries

Why: Without a problem worth solving, everything else is wasted effort.

“The question is not ‘Can this product be built?’ Instead, it is ‘Should this product be built?’”

— Eric Ries, The Lean Startup


RULE NO. 2 is Fall in love with the problem, not the solution.
RECOMMENDED READING: The Mom Test by Rob Fitzpatrick

Why: Keeps you customer-centered, not ego-driven.

“You’re not allowed to tell them what their problem is. They have to tell you.”

— Rob Fitzpatrick, The Mom Test


Why: Obsess over their pain, language, and context.

“The greatest mistake in business is assuming you already understand the customer. Real understanding comes not from data, but from dialogue.”

— Robert Woodruff, Know Your Customer


RULE NO. 6 is Your first idea is rarely your best.
RECOMMENDED READING: Originals by Adam Grant

Why: Forces humility and iteration.

“The greatest originals are the ones who fail the most, because they’re the ones who try the most.”

— Adam Grant, Originals

describes rule no. 6; your first idea is rarely your best

RULE NO. 3 is Differentiate or die.
RECOMMENDED READING: Blue Ocean Strategy by W. Chan Kim & Renée Mauborgne

Why: If you look like everyone else, you’ll be commoditized.

“The only way to beat the competition is to stop trying to beat the competition.”

– W. Chan Kim, Blue Ocean Strategy


đŸ›ïžNote from The Executives’ Institute


You may notice that some of our Business Rules overlap, echo similar themes, or even repeat certain language. That’s not a mistake—it’s intentional. Great businesses aren’t built on one-time insights, but on fundamental principles reinforced again and again in different contexts. At The Institute, we believe repetition is a feature, not a flaw. It’s how important ideas take root. When multiple rules point toward the same truth from different angles, it means you’re onto something worth paying attention to.

🚀 PHASE 2: VALIDATION—Proof, Focus and Your First Sales

This is where wannabes bail out. Push through.

RULE NO. 28 is Learn by doing.
RECOMMENDED READING: The Art of Learning by Josh Waitzkin

Why: Action beats endless planning.

“We have to be able to do something slowly before we can have any hope of doing it correctly with speed.”

— Josh Waitzkin, The Art of Learning


RULE NO. 13 is Know your numbers.
RECOMMENDED READING: Financial Intelligence by Karen Berman & Joe Knight

Why: If you can’t read a P&L, you’re guessing.

“Numbers don’t lie. But people who don’t understand numbers do.”

— Karen Berman, Financial Intelligence


RULE NO. 20 is Cash flow is king.
RECOMMENDED READING: Simple Numbers, Straight Talk, Big Profits! by Greg Crabtree

Why: Revenue buys time and options.

“Profit is a theory. Cash is a fact.”

– Greg Crabtree, Simple Numbers, Straight Talk, Big Profits


RULE NO. 9 is Focus beats multitasking.
RECOMMENDED READING: The One Thing by Gary Keller & Jay Papasan

Why: Spreading thin kills momentum.

“Multitasking is merely the opportunity to screw up more than one thing at a time.”

— Gary Keller, The One Thing


🛠 PHASE 3: EXECUTION—Discipline, Systems, and Your Early Team

Turning hustle into repeatable processes.

RULE NO. 26 is Define it. Measure it. Achieve it.
RECOMMENDED READING: Measure What Matters by John Doerr

Why: What gets measured gets done.

“Ideas are easy. Execution is everything. And it takes a team to win.”

— John Doerr, Measure What Matters


RULE NO. 7 is Momentum beats motivation.
RECOMMENDED READING: The War of Art by Steven Pressfield

Why: You must show up regardless of feelings.

“The amateur believes he must first overcome his fear; then he can do his work. The professional knows that fear can never be overcome. He knows there is no such thing as a fearless warrior or a dread-free artist.”

— Steven Pressfield, The War of Art


RULE NO. 8 is Don’t mistake movement for progress.
RECOMMENDED READING: Essentialism by Greg McKeown

Why: Activity ≠ results.

“What if we stopped celebrating being busy as a measure of importance? What if instead we celebrated how much time we had spent listening, pondering, meditating, and enjoying time with the most important people in our lives?”

— Greg McKeown, Essentialism


RULE NO. 15 is Work on the business, not just in it.
RECOMMENDED READING: The E-Myth Revisited by Michael Gerber

Why: Build systems, not a self-employed prison.

“The problem is not that people fail to work hard enough. The problem is that they work hard at the wrong things.”

— Michael Gerber, The E-Myth Revisited


RULE NO. 23 is Simplicity scales.
RECOMMENDED READING: Simple Rules by Donald Sull & Kathleen Eisenhardt

Why: Complexity is a hidden tax.

“Too many rules stifle innovation. Too few lead to chaos. Simple rules hit the sweet spot.”

— Donald Sull & Kathleen Eisenhardt, Simple Rules


RULE NO. 33 is Processes protect your time.
RECOMMENDED READING: The Checklist Manifesto by Atul Gawande

Why: Prevent errors and free mental space.

“Good checklists, on the other hand, are precise. They are efficient, to the point, and easy to use even in the most difficult situations. They do not try to spell out everything—they provide reminders of only the most critical and important steps
”

—Atul Gawande, The Checklist Manifesto


RULE NO. 31 is Delegate outcomes, not tasks.
RECOMMENDED READING: Turn the Ship Around! by L. David Marquet

Why: Empowered teams outperform micromanaged ones.

“Don’t move information to authority. Move authority to the information.”

— L. David Marquet, Turn the Ship Around


RULE NO. 22 is Hire slow, fire fast.
RECOMMENDED READING: Who by Geoff Smart & Randy Street

Why: Bad hires destroy culture and speed.

“Nothing will accelerate your success more than getting the right team in place. And nothing will derail it faster than keeping the wrong people too long.”

— Geoff Smart, Who


RULE NO. 24 is Own your mistakes.
RECOMMENDED READING: Extreme Ownership by Jocko Willink & Leif Babin

Why: You set the tone for accountability.

“The leader must own everything in his or her world. There is no one else to blame.”

— Jocko Willink, Extreme Ownership


⚙ PHASE 4: GROWTH—Scaling, Brand and Culture

After you have proof of concept and cash flow.

RULE NO. 32 is Don’t scale chaos.
RECOMMENDED READING: Scaling Up by Verne Harnish

Why: Amplify what works, not what’s broken.

“Don’t try to scale a business that hasn’t nailed the basics. Otherwise, you’ll just get bigger problems.”

— Verne Harnish, Scaling Up


RULE NO. 11 is Your brand is your promise.
RECOMMENDED READING: Building Strong Brands by David A. Aaker

Why: Trust compounds over time.

“A brand is a promise to the customer to deliver a specific set of features, benefits, and services consistently.”

— David Aaker, Building Strong Brands


RULE NO. 37 is Build trust before selling.
RECOMMENDED READING: The Speed of Trust by Stephen M.R. Covey

Why: Relationships drive growth.

“Trust is equal parts character and competence
 You can look at any leadership failure, and it’s always a failure of one or the other.” 

— Stephen M.R. Covey, The Speed of Trust


RULE NO. 40 is Sell the vision, not just the product.
RECOMMENDED READING: Start with Why by Simon Sinek

Why: Vision inspires loyalty.

“People don’t buy what you do; they buy why you do it.”

— Simon Sinek, Start With Why


RULE NO. 21 is Clarity creates confidence.
RECOMMENDED READING: Made to Stick by Chip Heath & Dan Heath

Why: Clear messaging wins.

“The most basic way to get someone’s attention is this: Break a pattern.”

— Chip Heath & Dan Heath, Made to Stick


RULE NO. 38 is Build once, sell forever.
RECOMMENDED READING: The Automatic Customer by John Warrillow

Why: Recurring revenue stabilizes growth.

“The more your revenue depends on you showing up to work every day, the less valuable your business is.”

— John Warrillow, The Automatic Customer


RULE NO. 35 is Raise the bar, then raise it again.
RECOMMENDED READING: Good to Great by Jim Collins

Why: Complacency is the enemy.

“Good is the enemy of great.”

— Jim Collins, Good to Great


🧭 PHASE 5: STRATEGIC RESILIENCE—Endurance, Leadership, Legacy

Where real businesses outlast fads.

RULE NO. 30 is Profit is not a dirty word.
RECOMMENDED READING: Profit First by Mike Michalowicz

Why: Sustainability depends on profit.

“Your business is supposed to serve you. If it’s not profitable, it’s broken.”

– Mike Michalowicz, Profit First


RULE NO. 4 is Play the long game.
RECOMMENDED READING: The Infinite Game by Simon Sinek

Why: Sustainable advantage requires patience.

“Infinite-minded leaders understand that ‘best’ is not a permanent state. Instead, they strive to be better.”


— Simon Sinek, The Infinite Game

Describes rule no. 4, Play the long game

RULE NO. 29 is Protect your downside.
RECOMMENED READING: Rich Dad’s Guide to Investing by Robert Kiyosaki

Why: Fortify your foundation before taking big bets.

“It’s not how much money you make. It’s how much money you keep, how hard it works for you, and how many generations you keep it for.”

– Robert Kiyosaki, Rich Dad’s Guide To Investing


RULE NO. 5 is Make fewer, bolder moves.
RECOMMENDED READING: Playing to Win by A.G. Lafley & Roger Martin

Why: Focused strategy beats scattershot tactics.

“Strategy
It requires making explicit choices—to do some things and not others—and building a business around those choices.”

— A.G. Lafley & Roger L. Martin, Playing to Win


RULE NO. 36 is Build a business that runs without you.
RECOMMENDED READING: Built to Sell by John Warrillow

Why: True freedom means the business survives your absence.

“The more your business relies on you personally, the less valuable it is.”

— John Warrillow, Built to Sell


RULE NO. 34 is Great businesses outlive great products.
RECOMMENDED READING: Built to Last by Jim Collins

Why: Culture and purpose are the moat.

“Enduring great companies preserve their core values and purpose while their business strategies and operating practices endlessly adapt to a changing world.”

— Jim Collins, Built to Last


RULE NO. 46 is Don’t outgrow your values.
RECOMMENDED READING: The Advantage by Patrick Lencioni

Why: Values keep you anchored in growth.

“Companies don’t fail because they grow. They fail because they forget who they were before they grew.”

— Patrick Lencioni, The Advantage


đŸ’Ș PHASE 6: PERSONAL MASTERY—Mental Fortitude, Growth, Integrity

Your character is the ultimate lever.

RULE NO. 16 is Time is your most precious asset.
RECOMMENDED READING: The Time Trap by Alec Mackenzie

Why: Guard your calendar ruthlessly.


RULE NO. 18 is Your calendar reflects your priorities.
RECOMMENDED READING: The 7 Habits of Highly Effective People by Stephen R. Covey

Why: Intentionality beats reactivity.

“The key is not to prioritize what’s on your schedule, but to schedule your priorities.”

— Stephen R. Covey, The 7 Habits of Highly Effective People


RULE NO. 10 is Never stop learning.
RECOMMENDED READING: Mindset by Carol Dweck

Why: Growth mindset fuels reinvention.

“Becoming is better than being.”

— Carol S. Dweck, Mindset


RULE NO. 25 is Ask better questions.
RECOMMENDED READING: A More Beautiful Question by Warren Berger

Why: Curiosity drives innovation.

“The ability to ask beautiful questions — profound, ambitious questions that can shift the way we perceive or think about something — is one of the most powerful forces for change.”

– Warren Berger, A More Beautiful Question


RULE NO. 43 is Run your race.
RECOMMENDED READING: Can’t Hurt Me by David Goggins

Why: Fortitude outlasts talent.

“You are in danger of living a life so comfortable and soft, that you will die without ever realizing your true potential.”

— David Goggins, Can’t Hurt Me


RULE NO. 45 is Protect your mental bandwidth.
RECOMMENDED READING: Deep Work by Cal Newport

Why: Focus creates breakthroughs.

“Clarity about what matters provides clarity about what does not.”

— Cal Newport, Deep Work


RULE NO. 39 is Your network is your net worth.
RECOMMENDED READING: Never Eat Alone by Keith Ferrazzi

Why: Relationships create opportunities.

“Success in any field, but especially in business, is about working with people, not against them.”

— Keith Ferrazzi, Never Eat Alone


RULE NO. 42 is Feedback is a gift.
RECOMMENDED READING: Thanks for the Feedback by Douglas Stone & Sheila Heen

Why: You can’t improve what you won’t hear.

“Receiving feedback sits at the intersection of two needs: our drive to learn and our longing to be accepted. That’s why it’s so hard—and so important.”

— Douglas Stone, Thanks for the Feedback


RULE NO. 41 is Reputation compounds.
RECOMMENDED READING: The Reputation Economy by Michael Fertik

Why: Guard your name—it’s your most valuable asset.

“…your greatest asset is how others see you. Not just what you say you are, but what you prove you are—over and over again.”

— Michael Fertik, The Reputation Economy


⚔ PHASE 7: HARD TRUTHS—Grit, Decisiveness, Integrity

When the going gets ugly, these matter most.

RULE NO. 27 is Do the hard things first.
RECOMMENDED READING: Eat That Frog by Brian Tracy

Why: Discipline compounds.

“One of the very worst uses of time is to do something very well that need not be done at all.”

— Brian Tracy, Eat That Frog!


RULE NO. 19 is Stop doing what doesn’t work.
RECOMMENDED READING: What Got You Here Won’t Get You There by Marshall Goldsmith

Why: Reinvent or decline.

“The higher you go in the organization, the more your problems are behavioral. The problems that got you to your current level of success are rarely the ones that will get you to the next level.”

– Marshall Goldsmith, What Got You Here Won’t Get You There


RULE NO. 14 is Know when to let go.
RECOMMENDED READING: Necessary Endings by Dr. Henry Cloud

Why: Holding on to dead weight costs you everything.

“If you don’t end what needs to be ended, nothing new and better can begin.”

— Dr. Henry Cloud, Necessary Endings


RULE NO. 49 is People over processes.
RECOMMENDED READING: The Human Side of Enterprise by Douglas McGregor

Why: Invest in your team’s trust and growth.

“The ingenuity of people is far more reliable than the ingenuity of systems. Trust in people is not naïve—it’s essential.”

— Douglas McGregor, The Human Side of Enterprise


RULE NO. 44 is Own your edge.
RECOMMENDED READING: Purple Cow by Seth Godin

Why: Mediocrity is invisible.

“In a crowded marketplace, fitting in is failing. In a busy marketplace, not standing out is the same as being invisible.”

— Seth Godin, Purple Cow


RULE NO. 48 is Give more than you take.
RECOMMENDED READING: The Go-Giver by Bob Burg & John David Mann

Why: Generosity sustains relationships and reputation.

“Your true worth is determined by how much more you give in value than you take in payment.”

— Bob Burg, The Go-Giver

RULE NO. 47 is The bottleneck is at the top.
RECOMMENDED READING: The Five Dysfunctions of a Team by Patrick Lencioni

Why: You are often the problem.

“If you could get all the people in an organization rowing in the same direction, you could dominate any industry
 but you won’t—unless the leader confronts the dysfunction.”

— Patrick Lencioni, The Five Dysfunctions of a Team


RULE NO. 50 is If you’re going to eat shit, don’t nibble.
RECOMMENDED READING: The Hard Thing About Hard Things by Ben Horowitz

Why: Face reality head-on.

“There are no silver bullets for this, only lead bullets.”

— Ben Horowitz, The Hard Thing About Hard Things


“As members of The Institute continue to contribute, refine, and challenge these ideas, the list becomes more valuable—not because it’s complete, but because it never will be.