I’m feeling rather ashamed by the length of time since I published my last post – it’s been almost three months! – however at least I made it back here. During this time, I’ve been lucky enough to win some new clients and do some interesting work, which triggered an idea to write an article about the most common mistakes I’ve seen startups and small businesses make.Continue reading
Tag Archives: startups
Business success: a marathon not a sprint
Long before I started my own business, I knew that it would be hard work. And I knew that success wouldn’t come overnight. But I truly believed that once I was on the path and generally moving in the direction of my goals, it would be smooth sailing all the way to the finish line… A bit like a sprint.
Startups: the truth no-one tells you
You can forgive many startups for their dreamy-eyed aspirations of overnight success. Online media is full of stories of billion dollar companies which were seemingly created on the smell of an oily rag – in a minute – by a business-savvy student or IT nerd with a big idea. Names like Facebook, Google, Dropbox, Uber and Snapchat all come to mind.Continue reading
When it comes to income… diversify, diversify, diversify
Income diversification. I learned the meaning of this term early in my career in financial services. At that time, the definition that was most relevant for me was this one… “A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique contends that a portfolio of different kinds of investments will, on average, yield higher returns and pose a lower risk than any individual investment found within the portfolio.”Continue reading
The “Catch-22s” of starting and running a business
In my consulting practice, I come across business owners at all stages of their business’ life. This week, I realised that starting and running a business is full of Catch-22 scenarios. For those not familiar with the term, a Catch-22 is a requirement that cannot be met until a prerequisite requirement is met, however, the prerequisite cannot be met until the original requirement is met.Continue reading