The human brain constantly seeks to make sense of the world around us. As a result, it’s highly adept at over-simplifying things – but this can cause problems in business terms. Over-simplifying without gathering sufficient information can lead to errors in judgement. The Halo Effect In his book Thinking, Fast and Slow, Daniel Kahneman refers …
Over-Simplifying Things Can Lead to an Error in Judgement Read More »
Few feelings are more enjoyable than the sensation of having a great idea. However, all too often, our most innovative thoughts are lost forever – simply because we allow distraction to get in the way. Everyday life takes our mind elsewhere, and before we know it, the great idea is lost forever. This is especially …
Why do Ideas Fail? When They’re Not Geared Towards Action! Read More »
Have you ever found yourself surveying another company, wondering how they always seem to land on their feet? No matter what they do, multiple opportunities for growth just seem to present themselves to them, and their business continues to move from strength to strength. How do they do it? You might find yourself suspecting that …
Stubbornness isn’t always a negative trait. In fact, in some circumstances, it can actually help your business to flourish. However, being obstinate in the wrong areas can serve the reverse purpose by holding your company back and preventing it from achieving its full potential. So how can being stubborn assist and hamper on your business? …
Is Your Stubbornness Holding Your Business Back or Helping it Grow? Read More »
Ask any business owner whether they need help with their company, and it’s likely you’ll get an answer in the affirmative. In all honesty, there are very few businesses that wouldn’t welcome additional help at some stage – whether it’s extra finances, an extra pair of hands or some much-needed professional advice. In most instances, …
Most of us naturally seek to avoid unnecessary inconvenience in our daily lives. However, sometimes, taking a step out of your comfort zone can really benefit your business. Companies grow by continually innovating and expanding their product line and reach. This involves identifying and learning the shifts in the market and understanding how it changes …
Want to grow your business? Get out of your comfort zone. Read More »
I often get asked what key traits I’ve identified in the successful businesses I’ve worked with. Certainly, one vital aspect that links them all is their willingness to explore new opportunities in order to take their company to the next level. This proactive, open-minded outlook tends to produce excellent results, especially when it’s an ethos …
Avoid Being Blindsided by the Competition – Explore New Opportunities Read More »
As you can imagine, your values influence many of your decisions in life. This is especially true when running a business. In some cases, being driven by your values is a positive thing. However, what many business owners don’t appreciate is the financial implications involved when a value is taken from your personal world and …
How Your Values Can Potentially Impact Your Business. Read More »
A number of my clients have grown from ‘start up’ companies with an annual turnover of less than $300,000, to enterprises worth millions. It’s always a fascinating thing to observe, and raises the question: What makes a business thrive? There are, of course, many online articles expounding theories as to what makes a business successful. …
The 4 basic character traits that successful small businesses have in common Read More »
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