Richard Branson does it effectively from a hammock in the Necker Island, Warren Buffet has been doing it since he was 11, and Bill Gates used it to single-handedly build an empire.

Arguably the most powerful and effective managers in the world, these men have one thing in common – they owe their management acumen and success not to fancy business degrees from the hallowed portals of Harvard and Yale, but to plain old, not-so-common, common sense.

In short, the tricks you learned as a child when you first embarked on an entrepreneurial endeavor with your own lemonade stand, still hold good in today’s cutthroat business world. Lemon

For those of you who’ve forgotten your first management lessons, here’s a back-to-basics primer to bring to the fore the principles and rules that really matter.

Self before service is the key here – Manage yourself first…

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