If only it were true that our best ideas for sustainable business growth would appear in the form of the proverbial light bulb moment.
A flash of genius in complete clarity.
The reality is, of course, something very different. The best business decisions come from careful consideration and can take a while to come to fruition - much to the chagrin of most business owners. Read More
I took some time out to attend a Chamber of Commerce function to discuss the Retail Lease Act which is in the final stages of a review in NSW.
As a business coach I recognise the apparent imbalance between landlord and tenant when it comes to entering into lease agreements.
For that reason, I thought it was important to be part of the discussion. I will also be making a submission on behalf my clients.
Probably one of my greatest concerns centres on the the tenants requirement to submit turnover figures to the landlord. Read More
I happened to be watching a basketball game over the break and saw an analogy to business – and to coaching.
A basketball player recognises their original route to the basket has been blocked: what do they do? Easy- without a second thought, they pivot and shift strategies, rerouting themselves onto the quickest and easiest route to the basket. Two points!
When it comes to obstacles in the original plan, small business owners need to act with the same grace, coordination and speed as a trained athlete does, taking in the scenario and shifting strategies with deft ability. Read More
Entrepreneurs tend to begin their road to small business alone - a sole proprietor structure limits the accountability and makes the tough decision making just a tad easier.
After all, it is their headstrong egoism that has driven them to get this far and battling another like-minded partner can mean rough seas for a start up. Read More
Yes, as a business coach I believe it is just as important for the business side of your life as it is for the personal. Take an introspective look at the year that is closing, in order to reorganise new goals for 2014. Read More
Big data analysis… well, for starters, what is it?
“Big data analytics is the process of examining large amounts of data of a variety of types … to uncover hidden patterns, unknown correlations and other useful information. Such information can provide competitive advantages over rival organisations and result in business benefits, such as more effective marketing and increased revenue.” Read More