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Doing business in the US: 13 smart tips to minimise risk

The United States is relentless in making its vast markets seem enticingly available, yet every mistake when doing business there can be costly and unforgiving. Here are the top 13 things you “must do” prior to taking the plunge and doing business in the US.

Two Free Tickets – Domenic Carosa Workshop (Valued at $2,950 each!)

Domenic Carosa, a former BRW Young Rich List Member, is running a workshop designed to teach attendees how to accelerate business growth through the...

Work ON and not IN your business… Thanks heaps for the advice.

I’ve heard it a hundred times. Entrepreneurs need to work on their business as opposed to in their business. However, getting stuck in the day-to-day happens to most of us, and the obvious question is ‘why?’ Especially when we know it is not in the best interests of our company. Are we just inherently forgetful, or is something else in play?

Raising capital – Who gives a damn about the numbers?

People ask me quite regularly if I can look over their numbers prior to them talking to potential funders. I have generally been happy to do so, but the truth is that I will have no clue. Neither will the potential funders. And, most likely, neither will you. The thing about most new ventures is...well, they are new. So we put down our best guesses, present them as the gospel truth and everyone pretends they know more than everyone else. What a crock.

Every journey has a start

Today we launch a new blog. ‘The Entrepreneurial Truth’ is written by mag nation fopunder, Sahil Merchant. In this, his first post, Merchant admits that his new venture has yet to turn a cent of profit and offers his own brand of unspun entrepreneurial truth, direct for the coal-face.

Dan Gilbert: Why are we happy? Why aren't we happy?

You might think you know what makes you happy... or unhappy. But this 20-minute talk by social psychologist Dan Gilbert, author of Stumbling on Happiness, is sure to challenge your assumptions.

Dan Gilbert: Why are we happy? Why aren’t we happy?

You might think you know what makes you happy... or unhappy. But this 20-minute talk by social psychologist Dan Gilbert, author of Stumbling on Happiness, is sure to challenge your assumptions.

Your new business = The job from hell

It’s a familiar story. You, a technically-minded professional, leave the comfort of a salaried job to venture out on your own in search of greater autonomy and prosperity. Soon enough, you’re out of your depth, writhing around trying to manage costs, staff and responsibilities far beyond your area of expertise. Congratulations! You’ve created the job from hell. And it’s all yours.

Survey: high-net-worth individuals are looking to invest in private companies

With business and consumer confidence languishing, it would be logical to think that investor confidence would be similarly depressed. However, according to a recent survey of 4,169 Australian investors conducted by Wholesale Investor, investor sentiment is buoyant.

Sales people learning foolproof selling techniques at NIDA?

Actors training salespeople how to mesmorise their targets with stage techniques. Not as crazy as it sounds. In fact, what a great idea! Now we're on the hunt for any other unusual sales training techniques or initiatives you've come across. If you know of any, let us know below.

Protecting your business psyche

You are the sum average of the five people you spend the most time with. Assess who these people are and the influence they have on you. Surround yourself with people that nurture your psyche. Make subtle changes to this circle of influence.

Your business card is CRAP

Let's hope your business card never finds its way into this guy's hands.

Us Now – Oh the times, they are a changin

Us Now is a fascinating documentary film examining the astonishing pace of change that society is currently undergoing, led by the growth of the internet, technology and the new tribalism they are enabling.

You can choose your friends, but not your Office Manager

If someone in your office has a 'personal branding' problem, you'll relate to this classic Big Train sketch. (If you like this, check out our...

Risk just is – learn to manage it

"Risk" is a scary word. Most people view risks in a very negative light. Society constantly encourages us to avoid risk at all cost. A product represents a "health risk". A service puts you at "financial risk". If you drive this way you risk accident or death. Risk is bad, right?

Succession planning for strategic success

Like the royal successions that have taken place for centuries, succession planning is all about being ready for the future. However, unlike the monarchy, today’s succession planning in business not only focuses on replacing talent, but also on developing the talent that will fulfil the organisation’s long-term goals. Is your organisation prepared for a changing of the guard?

Intrapreneurship: A guide to harnessing the power of entrepreneurs within organisations

Conventional wisdom states that entrepreneurs are unmanageable and, thus, make poor employees. While it's true that salaried entrepreneurs can prove a handful, the most...

7 tips for helping your business survive and thrive

Every business owner knows the importance of running a profitable and lean team, but when was the last time you took the pulse of...

Crisis creates once in a lifetime opportunity

The current global financial crisis has been described as a “once in a lifetime recession”. However savvy business owners, entrepreneurs and investors recognise it as a once in a lifetime opportunity to make money.

The 'pay what you think it's worth' model goes B2B

Call me crazy but we've recently offered 'pay what you think it's worth' (PWYT) terms to selected customers.
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Strategic Alliances with Simone Novello [FREE INFOGRAPHIC]

Have you heard the often touted claim that the average lifespan of a business is two years? Have you ever wondered why that is? Often, it’s because, in the rush and intensity of starting up, business owners get caught up in day-to-day op-erations and overlook fast growth opportunities, like strategic partnerships. In this FREE INFOGRAPHIC, Simone Novello helps to answer your three most common questions about how to harness the power of... FRIENDS WITH BENEFITS.

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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

Xero recently held its annual meeting in Wellington, during which the company revealed some interesting details about its future. As has been widely suspected, the...

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