Many of you will have heard of Elon Musk, a South African-born, Canadian-American entrepreneur, engineer, inventor and investor. He co-founded PayPal, Space X, SolarCity and Tesla Motors (among other ventures). As of January 2016 he had an estimated net worth of $US12.4 billion, making him the 39th wealthiest person in …
When I was at high school I had a fantastic Economics teacher, Bob James. One of the best tips he ever gave us as a class was to read widely (as he called it). I did it then and I continue to do it now. I find that absorbing information …
The Curse Of The High-Producing Owner In most advice businesses the Owner/Adviser is the best producer in the organisation. This can be both a blessing and a curse, and creates a degree of owner dependency. The Blessing It’s a blessing because all businesses that work have a rainmaker, who is …
Know Thy Market; Don’t Be A Generalist I’ve written about this extensively, but it’s worth repeating. You have to know: Who you work with What they want How to deliver it to them Most financial planning firms are still too generalist in nature. Why? I believe it’s because they’re scared to …
Execution Excellence: Where Most Firms Fail. You may have the greatest ideas in the world, but if they’re not well executed, you’re going nowhere. Great firms execute and great business owners know how to get stuff done! In my experience, execution excellence can be achieved in five key disciplines: 1. …