I read an awesome blog from Seth Godin that just summed up the difference between short-term and long-term thinking. And when it comes to your business there’s only one way to think. Read on to find out why... The true costs of not doing certain activities are harder to measure than the costs of actually doing an activity. It’s why it’s so easy to make cuts in your business, and so much harder to commit to new spending and investment. Seth Godin summed it up nicely in … [Read more...] about What’s your focus; short-term or long-term?
Planning for Success
This week I look at the power of just getting one seemingly small thing done. Have you ever noticed how when you fix one thing in your business, a whole load of other issues just seem to disappear? I call it the domino effect; where you knock down the first domino and set off a chain reaction of other wins. I remember back in my financial planning business in Sydney we were in disarray. We had started doing real financial planning work for clients and conducting annual … [Read more...] about The first law of the domino…
If you want to build a great business, you need an effective team in place. This week, I look at what does and doesn’t allow your team to really perform. In the past I’ve written about the importance of building a great team if you really want to fly as a business. Suggesting you need a good team in place is not controversial. However, what allows a team to really perform just might be. In his book, The Five Dysfunctions of A Team, Patrick Lencioni explores what he believes to be … [Read more...] about Team…work? Or not?
This week I take a look at three rarely explored ideas which I see the best firms practicing. Can you adopt any of these for yourself? Or are you already using them? Read on. Running a business can be tough. One minute you’re riding high, and the next you can find yourself with challenges that you had neither anticipated, nor dealt with before. You grow. Sometimes you get humbled. You bounce back. And you grow again. As we all know, overnight success usually … [Read more...] about How To Think Like The Best Businesses
Has your business ever gone off the boil, even just a little? Last year you were flying and now, not so much? This week I look at why that can happen, and what to do about it. Why do some sporting people or teams win their competition, and then go on to do it again and again, year after year? I’m thinking of teams like the New Zealand All Blacks in rugby, or Serena Williams and Roger Federer in tennis. Conversely, you’ll see another team win their competition one year, but they can’t … [Read more...] about It’s The Small Things That Matter