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Tag: Business owner

This Week@Work; Innovate or Die

Innovation creates something more for the same price, OR the same for a better price. It means you should constantly create, test, experiment, and improve what you already have….even if it works. It’s a practice and mindset and the key to unlocking the excitement your business needs to attract talent, suppliers, and customers and make it more interesting for you.

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This Week@Work: Time runs out. What are you doing with yours?

This Week@Work my meetings with long-established business owners have left me concerned about their runway to an exit.

They have spent their careers focused on operational issues to generate income to sustain the business. Only now are they realising they should have been focused on growth and capital value to secure a profitable exit. W

hat are you spending your time on?.

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This Week@Work: Build while you fly

This Week@Work I met with a business owner who is deeply frustrated because his business has outgrown the ‘chassis’ or business model that it was originally built on.

As our business’s grow, we’ll all face this, you can’t stop running the business to rebuild the chassis, we have to build while we fly.

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This Week@Work: Don’t let the inflationary white ant eat away at your business’s value

This Week@Work I met with a business whose owners believed they were doing well enough, and didn’t need to focus on growth. I used the analogy of a white ant to show them that in an inflationary environment there is no option but to grow, if they want to maintain their value.

Watch as I share the analogy and remember to always be growing!

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