Successful business entrepreneurs tend to be very good observers. They have a thirst for knowledge and they are always looking for ways to make their business run better. Whenever they deal with another business they are often evaluating the service they are getting and looking for ideas they can use.

The hard part can be remembering all of the good things observed. As a budding entrepreneur you need to become an observer. Every interaction could possibly contain some valuable idea that you could use to make your business more profitable. However, it is easy to forget your observations in the course of a busy day. If you keep a notepad handy you’ll find it takes only a second to jot down a couple of notes for later reference. I do this a lot and subsequently I have notepads all over the place—in my car, on my bedside table, around the house, in my gym bag—I always carry one with me.