Being both an employee and an entrepreneur has exposed me to a lot of things. Some I learned by experience while others where passed on to me by well-meaning individuals who wanted to see me succeed.

Though my career as a business woman is a success story today, I wouldn't have gotten to where I am if I didn't tighten my belt when it mattered.

Scrimping and saving is very important to the survival of any business regardless of the size. Admittedly, small businesses and start-ups find it more difficult to save because of their shoestring budget.