“Each time you double the size of a company, you break it…” My lessons on growing a startup too rapidly
It is not something that you would expect anyone to say about a startup – but sometimes you need to slow things down.
It is not something that you would expect anyone to say about a startup – but sometimes you need to slow things down.
Like many businesses, when we started out, social responsibility wasn’t on our radar. Our focus was just chasing the sale and hoping that something stuck!
Organisational culture is an intangible entity. As such, it is important to identify observable behaviours that indicate your organisation’s culture, as well as its alignment to your customer strategy and objectives.
The difficulty lies in scaling. As an entrepreneur, it wasn’t starting up that I found difficult, but making the right calls that would allow my business to grow without losing the fundamental nature of what I wanted it to be.
The tech start-up scene is ripe with opportunity but whilst balancing the books are high on the agenda, one crucial factor is often overlooked, people
People Analytics company Culture Amp, which counts many of the big boys in new tech such as Airbnb, Uber, Pandora, Adobe, Pinterest, Warby Parker, Lyft, Etsy and GoDaddy among the companies using its platform, recently announced that it has closed $6.3 million in Series A funding. This round is led by Palo Alto-based Felicis Ventures,…
Startups and work culture go hand in hand. But, if you’ve ever worked in a corporate environment, you’ll know that it’s not just a business that makes the culture. It really does come down to the people. I’ve worked in corporate businesses and startups. Both have had good and bad cultures, depending on the team,…
Drinks Cube co-founder Jessie Teh-Chong said while cultural diversity was usually promoted through food or national costumes, drinks were always overlooked as a likely ambassador.
Why is it that some organisations have the ability to re-invent entire industries? Some even do it time and time again! Where does this source of continuous innovation and foresight come from? It is widely acknowledged that customer focus is a major driver for today’s innovations. But it is the transformational opportunities (those that transcend adjacent opportunities) that drive industry renewal.
Building a business at any age can be a lonely undertaking. But entrepreneurs have it tougher than most. Friends and family often don’t understand the complexities of running a business… or the personal sacrifices that come with the job. This is a chance for Entrepreneurs to meet and learn from other business builders. Share a drink. Have a laugh. Gain insights from a panel of business builders.
Meet and learn from other business builders. Share a drink. Have a laugh. Gain insights from a panel of business builders who have ‘been there, done that’ and created successful ventures. Benefit from the experiences of other attendees.
The role of entrepreneurship in corporate strategy goes far beyond trying to get innovative products to market or gaining an edge over your competitors. It helps to set the culture of an organisation that affects staff retention, engagement and productivity. So how do we motivate our employees into adopting this new culture?
Picture it: a packed basketball stadium with fans going wild. It’s my son’s basketball grand final. There are four seconds on the clock. His team is down by two points. And he’s just been fouled – meaning he has two free throws. He makes his way to the free-throw line – the enemy of even the most accomplished NBA player. If he nets both shots, the game goes into overtime. If not, his team will lose the game.
Picture it: a packed basketball stadium with fans going wild. It’s my son’s basketball grand final. There are four seconds on the clock. His team is down by two points. And he’s just been fouled – meaning he has two free throws. He makes his way to the free-throw line – the enemy of even the most accomplished NBA player. If he nets both shots, the game goes into overtime. If not, his team will lose the game.
Being a single industry economy is notoriously dangerous. And few countries understand this better than Iceland. Not wanting to remain in the doldrums, Iceland is trying to re-brand itself as a journalistic haven, centre of creativity and popular tourist destination. Cue cart-wheeling citizens.
If someone asked you for a good synonym for inspiration, what would you say? You might answer that stimulation is a good substitute. You might choose influence or encouragement. But, by and large, when people think of inspiration, the word that usually comes to mind is motivation. Terry Barber explores seven ideas to get your staff striving to the best of their abilities.
Two remarkable things happened at the launch of Creative Innovation 2010. Firstly, a senior representative from a leading Australian bank told an endearing story about her early successes outside the banking sector. (It’s a rare thing to be won over by a representative from the Australian banking sector.) Secondly, conference organiser Tania de Jong, surprised the crowd with a story about her grandmother’s inventiveness… before bursting into song.
Success in the Amish business world is hardly surprising when you consider that networking through LinkedIn might not have the same community-building effect as teaming up with neighbors to build a barn. And we’re sure that telling someone you ‘like’ their work will always be far more effective when told to their face rather to than their Facebook.
The masses are turned on, tuned in and… thinking entirely of themselves. Seth Godin provides an important reality check for marketeers and businesses when considering exploring and exploiting the mass market appeal of modern media channels.
Here are five critical mistakes that will kill your chances of attaining above-average success. If you make any of them, your business will achieve average performance at best, and likely create a trap where you end up working long hours for mere survival, or even eventual failure and bankruptcy. Read on and check to see how many you make.
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