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Archive for the ‘General’ Category

What can a Small Business do as the European Financial Situation gets worse?

Wednesday, December 21st, 2011

Going into Christmas there is a lot of news coming from Europe about GFC 2.0 and its dire implications for the rest of the world. I thought I would just do a very short piece on my thoughts around this, just to add a bit of perspective and to give Small Business owners some direction.

The reality is that there is not much a small business can do about the events of the world. So if we can’t control what is happening outside of our business the only thing we can control is what is going on inside our business.

I believe that now is the time that we need to be investing in our business however we can, and that investment might be time, it might be money or perhaps just a good old fashioned dose of energy, to ensure that as the economy improves and people start to increase their spending, your business is ready. And if history has taught us anything, every dark economic period is followed by a period of plenty, its just a matter of how long it will take for the cycle to change.

Sure it has been hard, but sitting around moaning about it won’t do a single thing to improve your business. Sadly way too many businesses have slipped into this learned helplessness state of mind. It is only a short leap from here to closing the doors.

Right now there are businesses doing really well, in fact lots of businesses that I work with are having record years (but they don’t like other people to know about it). If you look for the common characteristic that these businesses share it’s the fact that they are too busy getting on with it to buy into the negativity and moaning.

It doesn’t mean they haven’t had their challenges, or that they have their head in the clouds, but they are taking a proactive stance, investing in their business, themselves, their staff and their customers and getting quite amazing results.

I suggest that that this is the best plan of attack for any small business owner.

Nothing like a young entrepreneur…

Monday, November 14th, 2011

Here is a picture and article about Myles Houghton, a 5 year old entrepreneur who has clearly taken the concept of the lemonade stand or car wash to a whole new level. There are so many great aspects to his money making venture that I don’t know where to start. But the idea of a pedal powered smoothie stand just has to tick all of the boxes. Good on you Myles, you are a legend in my mind and I see a great future for you in the entrepreneurial world.


As the boss, you are the business barometer

Sunday, October 23rd, 2011

As the boss, the business owner, the manager, the partner— whatever position you hold, there is no doubt that the person (or the people) at the top, set the mood for the entire organisation. I tend to think of them as the businesses barometer.

If the leader is stressed out, angry, exhausted or bored, this attitude will permeate through the entire business before long. It will be reflected in the staff, their attitude towards the business, the customers and each other. But on the upside, if you are positive, energetic, considerate and supportive, this attitude will also permeate throughout the business and likewise be reflected by pretty much everyone who works with you.

For this reason alone, the wellbeing of your business is intrinsically linked to your state of mind. How we manage ourselves is vitally important and something that needs to be considered on a daily basis.

Whenever I am asked to evaluate a business to determine what is going wrong or what needs to be done to get it back on track, the first place for me to start is with the business owner. What is going on in their world? What is their state of mind? What are they afraid of? What needs to change? This is normally hidden below the surface and it takes a bit of digging, but once you get to the root of the problem and address it, the business undergoes a energetic transformation, with predictable outcomes.

The end of an era….

Friday, October 7th, 2011

The keys to managing an innovative project…

Sunday, October 2nd, 2011