Have you ever questioned yourself? Why am I doing this? Is it all worth it? Have you ever wanted to throw in the towel? As entrepreneurs we seldom take the easy road, meaning we often face adversity. Riding the ups and downs can feel like a rollercoaster at times. While sometimes it can feel like…
Each company is defined by it. Not many know it by name and many don’t even know it exists! It’s your company culture, your DNA, if you will, of your organisation! Your company culture defines the way in which your organisation interacts with other businesses. It also defines how your team interacts with the outside…
Running a business, whether you are a sole proprietor or own a large business, is not for the faint of heart. Given the numerous demands of a business, it is easy for even the savviest of business owners to become run down, and not be able to work at peak performance. Depending on the size…
I recently read a report by PwC that said that one in four CEOs are unable to pursue a market opportunity, or have to cancel and or delay a strategic initiative, because of talent challenges. Plus, according to a productivity report by EY, not only are CEOs finding it hard acquiring great talent but when…
There are many resources available that list the characteristic traits of an ideal entrepreneur, including what you should be masters of and, what natural abilities and behaviours to display. But, most business builders from all over the world, and varying walks of life, have found incredible success launching their own company without fitting into every…
Every year I speak with hundreds if not thousands of people on the topic of LinkedIn and, the biggest mistake I see across most entrepreneurs regardless of age, industry or country is, that there is so much emphasis on them and their business. ‘Me, me, me’ posts just don’t attract people to your profile. Potential…
First, of all I would like to note that there is a really big difference between audience and community. An audience is one-way. Not interactive. Not social. An audience passively watches or reads. An audience doesn’t participate. Or share with others. On the other hand, a community is a two-way conversation. A living, breathing thing….
One of the best ways to keep your business operating successfully is by continually measuring and comparing its performance against competitor averages, a concept more formally knowing as: benchmarking. Benchmarking is the process of comparing your business processes and performance metrics to competitor bests or, best practices from other industries. Dimensions typically measured are quality,…
In the last few years, the use of video marketing has grown from a few businesses occasionally including it on their website, to an essential, competitive tool that can streamline operations and quickly promote a brand. Video marketing has taken over marketing in a big way, and since 2011 it has gained momentum and has…
Accountants are not just bean counters. The are business advisors – or should be. Getting the right advice is essential for the success of your business and a key ingredient in this is having the services of an accountant who provides pertinent, timely and cost effective advice. I strongly believe that you get your best…
Being ethical in business is not only common sense, it makes business sense as well. Thanks to many social and technical shifts, this is now more important than ever as we now live in a hyper-connected and transparent world. No matter if you run a huge corporation o,r a little home business from your garage…
When is the last time that you reviewed the status of clients for your business? More specifically, how many of you could answer the following questions about your clients: How many clients does your business have? How many of these clients are active? What is the value of each of these clients to the business?…
Seventy per cent of small businesses that receive mentoring survive for five years or more, which is more then double the rate compared with non-mentored entrepreneurs. However, despite these encouraging statistics, surprising evidence has emerged recently that suggests 42 per cent of small businesses owners have never consulted a mentor. Looking back at my own…
Over the past couple of years, I have been fortunate enough to meet and work with hundreds of entrepreneurs from all ages and walks of life. While the experiences shared and lessons learned have helped shape my thinking in and around business, none have been more influential than the time I have spent with entrepreneurs…
Are you thinking about ditching the corporate cubicle to go work for yourself? The promise of freedom sure is enticing. Imagine it – no more having to be on someone else’s schedule. No more doing what you’re told. No more begging for time off or, an increase in salary. Running your own business is empowering…
Good timing can turn a mediocre product into a breakout success; bad timing can destroy an otherwise successful career. In business, timing is everything. Unfortunately, most people think timing is just like luck. It isn’t. Nothing can be further from the truth. It’s a critical success factor and you can learn to use it to…
A smart small-business owner is a forward-thinker. He knows that at some point in the future there may come a time when he needs to pass the reigns of the company onto someone else, whether it’s a family member or trusted employee. Succession planning is a logical step for a business owner who wants his…
Treat your customers as if they were newspaper reporters; this is the new mantra for savvy companies of all sizes. Like many journalists, your customers have become sceptical of advertising and marketing in all its common forms, having being duped, tricked or, made to feel foolish on more than one occasion. Journalists are looking for…
As a business owner, it’s important to choose an accountant that acts not only as a bookkeeper, auditor or tax advisor but also as a trusted financial advisor. The idea is, that a good accountant can advise you on business risks and manage your finances effectively. The accountant will have access to your financial information,…
You know the saying “Go big or, go home”? Well, it’s evolved. Now, it’s “Go mobile or, go home.”
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