Tag business failure


When the music fades…

The flow of the rhythm… the rush of the beat… the adrenaline pumping! Oh, the thrill of dancing! True music lovers really appreciate the swell of emotions they have when they find a new song. It would seem at first that you could never get tired of it. You could leave it on repeat for…

Avoiding Snakes

You may have spotted me at the Balenciaga fashion show in Paris last week.  The front benches, which contain the A list celebs, collapsed. This  meant we all had to stand for ‘health and safety reasons’. This was good for me, as I was on the second row as an A minus celeb. It gave…

If you need a bank or government to start a business, don’t do it!

I my opinion, the business world, seen through a SMB/SME looking glass, has never been more cynical in my lifetime. Banks pretend to offer loans, they never hand out. Now they even offer business advice (they certainly should know what NOT to do) in an attempt to show support for small business. Many of my…

Top 5 Myths about Starting a Small Business

The weekly top 5 tips post is always full of helpful hints and advice for small, home and micro business owners. 1. The statistics often paint a grim picture for the survival of a small business. It is not unusual to even see claims that around 50% of small businesses fail. Remember that the term…

Stilettos. Risk. Small Business.

Last night I went to a 50th birthday garden party of a good friend (Andy – great party and we all get there, in fact some of us have been there for a while) and his daughter, a gifted dancer, was walking around in stilettos on soft and uneven grass and I was getting quite…

Bootstrapping – The Way To Survive a Recession

Many of our clients currently find the going tough, although I happy to report that they are surviving better than the average micro business out there. You may ask why is that? Answer: “Business Bootstrapping!” Here are a couple of techniques on how to use business bootstrapping to survive a recession: 1. Cutting Overheads –…

Just Don’t Quit!

I ran one of the largest ISPs in the 90’s and it was not always easy (the understatement of my life), we were growing so fast, that we never had any money, our cash-flow was catastrophic, always. During those years my CFO and I had a saying, “It’s going to be another interesting day!” –…

What is Mentoring?

Running a business can sometimes be a very lonely affair. Decisions are always on the to-do list, having someone as a sounding board can be an invaluable asset to every small business owner. Business mentors are one group of people who can be your sounding boards. But what is a business mentor and what can…

Top 5 Tips for Preventing Business Failure

The weekly top 5 tips post is always full of helpful hints and advice for small, home and micro business owners. 1. It helps to be prepared, but over preparation can distract you from the important task of actually getting started and making money. Not everything needs to be perfect first. 2. Keeping your private…

Naive Realism

Ever thought about your business or product as far better than any other product on the market? At some level you may acknowledge that you are subjective and biased, but then you reassure yourself that you compared your product to the competition and came out on top. Truth is, this is an illusion called “Naive…

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