Michael Gerber, the famous author of the E-Myth books, talks about identifying what needs to be done, testing it to determine the results, and then breaking it down into tasks so simple, that almost anyone can do it. You then systemise and document it so that the business can be effectively operated by anyone on …
Systemisation – How and when to get the maximum benefit Read More »
Some people think of getting business advice from business consultants and coaches in the same way that they view a doctor; a professional they only see when they are sick. Doctors will identify the cause of the problem and prescribe a course of medication, to either tackle the source or minimise the impact of the …
Take a pill and call me in the morning – good business advice? Read More »
The role of the Board of Directors is to represent the shareholders’ interests in the day-to-day affairs of the company. In major organisations, the diverse backgrounds of the board members would provide a breadth of experience in all areas of business to advise the CEO and ensure company decisions are geared towards achieving strategic objectives. …
Cultures around the world generally respect their elders, as they have a wealth of wisdom acquired through their life experiences which can serve as a great business lesson. There are many things that we can learn from them, especially the lessons that they have already gone through, in the hope that we don’t make the same …
Business Lesson: Its not what you know. It’s the Application of it that counts. Read More »
What would you define as the best asset in your business? Would it be your equipment? Your products? Your team? Or the premises in which your business resides? According to Wikipedia, the work asset is defined as the following: Anything, tangible or intangible, which is capable of being owned or controlled to produce value, and …
We have all heard the phrase, “Hindsight is 20/20”; it is used when people look back on their past and can see things that they did with ‘perfect vision’. They often suggest that a different decision would have been made, had they known the outcome in advance. This occurs frequently in business decision-making, as managers …
Hindsight is 20/20 – how to avoid the rut of regret. Read More »
We all receive unsolicited emails from companies wanting to advertise their services to our business. How many actually listen to what we want from them? I recently received one such email from a company touting their wares in corporate gifts; it was a standard format with examples of how you can put your company logo …
Ignore an individual’s preferences = Losing a potential customer Read More »
I have had the privilege of working with many businesses across a range of industries, all with growth in mind. From time to time I get asked to summarise my observations on what would make a business successful and what can help with growing existing business. After the umpteenth time of being asked, I decided …
The secret of growing your existing business – look for ways to do things better Read More »
In the middle of January, Google purchased Nest for over US$3 billion. Nest (nest.com) sells smart thermostats for the home, which learn your temperature preferences and adjust themselves accordingly. However, this article is not about Nest, but its rival, Vivint (vivint.com). The competitive thermostat landscape changed dramatically with Google’s acquisition of Nest – suddenly Vivint …
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