Quick Business Tip – How powerful is your instinct?
The best business people out there run on instinct. They make better decisions most of the time. Do they make mistakes? Of course they do. Do they get better results overall? Most of the time. Why is this so? Instinct would be directly correlated to experience. To get experience, more decisions have to be made. […]
Quick Business Tip – How not to waste your time networking.
I’m not suggesting for one moment that you should stop networking, but, if you are going to do it, do it well. Classic pitfalls are: Only going once or twice to a particular event that normally is an ongoing commitment, not really wanting to be there, being disinterested, not caring about what other people have […]
Quick Business Tip – Are business partnerships good?
My clients know my position on business partnerships, however, let’s explore the pros and cons. Pros: – share responsibility – share finances – time out for holidays – brainstorming opportunities – financing of purchasing of a business or refinancing it down the track Cons: – change of vision from the original one by one of […]
Quick Business Tip – What’s wrong with “the gift of the gab”?
All too often I hear business owners say that a particular sales person they know has the “gift of the gab” and they assume that he/she is extremely “salesy” and that they must be good at selling. Quite frankly, that is the furthest from the truth. Most of the time the talkative salesperson actually fails […]
Quick Business Tip – In the Zone
Remember the days when you were on top of the world whilst running your business? How do you bottle that up and repeat it? You must think of the environment. What was the environment that you were in that made that possible? More importantly, what is the ideal environment that you need to create to […]
Quick Business Tip – Who is your competition?
Do you really know your competition? What is the genuine size of your market that you compete in? Do you or should you really care? The important thing to know is that whatever the answers are, the main thing you must focus on is giving the best service you can possibly achieve and the market […]
Quick Business Tip – Sports and businesses run the same.
Professional sports these days are run no differently to any business you may think of. Administration is structured the same. However, the less likely analogy is regarding the playing management. Let’s have a look at it now. How does this apply to the small business out there. Let’s compare an AFL, ALeague or NRL club […]
Quick Business Tip – Conspiracy against the business owner.
Conspiracy against the small business owner happens all the time. How you may ask? Everything is stacked against them: financial, human and time resources are of scarce amounts and the loneliness of not knowing where to turn to for ideas or support on how to run a small business in a superior way, are all […]
Quick Business Tip – Who dares, wins
Who dares, wins – You’ve heard that one before, but, how does it apply to small business? Risk v Return applies to investments, relationships and business, of course. Ever seen an ugly dude with a beautiful woman? He dared, yes, he felt like he had nothing to lose and he was rewarded by the woman […]
Quick Business Tip – Time waits for nobody
Tick tock, it already happened. How did you spend that time? Were you proud of it? Were you positive or negative? Were you productive or wasteful? Were you pro-active or reflective? If you take all the positive options, imagine how powerful your time allocation would be. How about you practice this over the next 24 […]