Category Archives: Business Ideas

Here are 5 different ways to grow your business. Reality is you only need the first one. Before I get started I just want to let you know that “cutting costs” is never one of the ways to Grow your Business. Many years ago when I was still employed in a large Corporation we would hear from our CEO or CFO “everyone needs to work together to “cut costs”” and we knew this was code for “no more birthday cakes” or “the pot plants have to go.” Neither of these are strategies to Grow any Business! and technically they are
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One of the most useful tools any business can implement is a dashboard that measures the important metrics in the business. Implementing a Dashboard and tracking key measures is a pathway to business growth. When it comes to dashboards, one of the most common questions I’m asked is “What would I measure?” Honestly this is the most important question to ask about dashboards! The truth is that at different stages in the cycle of business some measures will be more important than others. Here are my top 5 business startup metrics and most of my clients start with one measure
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Deciding to create a business is making up your mind to start on a journey; an exciting and unpredictable journey. This journey can be a really long journey, and for some might be a bit lonely sometimes. You have the responsibility of your customers and all business activities. Not every person you meet wants you to succeed. This story is about Alice a computer engineer who dreamed of starting a chain of cake and dessert shops. Alice was a studious girl who graduated with distinctions and was the student with the highest score in her year. One of the multinational corporations
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Years ago I overheard one of my clients talking to an aspiring employee. The person was a visitor to their office where there was a really stylish white leather couch and the visitor said “How do I get to work here so I can sit on this couch every day?” And my client replied “I’d love to have you work here. How much would you need to be paid, or would access to the white couch be payment enough?” He said: “Oh, I’d expect to be paid” And she replied: “Well that’s easy, work out what you could do here
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“What do you think about Starbucks coming to Sydney?” It was in the late 1990s and Starbucks had announced they would open their first store in Sydney in mid-2000. I’d been buying my coffee beans every Saturday from the same local coffee roaster and I was curious how they felt about Starbucks impending arrival. I distinctly remember what he said: “Competition is always good! Keeps us all on our toes” While it is difficult to imagine now no-one really knew what impact Starbucks would have on the local coffee environment. This was Sydney in the late 1990s and while there
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This week the media has had a great time with Atlassian reach a market value of  $8b with a 32% share price surge on the first day of trading on Nasdaq. Calling it an “over night” success and celebrating that many of the people working at Atlassian have become overnight millionaires, the media seems blind to the fact that Scott Farquhar and Mike Cannon-Brookes started their business in a modest Kent Street office in October 2002 after registering the business name with ASIC in 2001. Early clients paid $10 a month for membership so they could access the software and the pair
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Karen Koedding is Australia’s first Certified Professional Organizer©. Karen started up A Little Elf in 2004 in NYC, and in 2007 in Sydney. As a productivity and organising consultant, she helps clients declutter, get organised, move and manage their time at home and work. She’s currently developing a training program for female entrepreneurs that want to get back in control at home and work. Karen wants women to have more abundance, fun, simplicity and breathing space whilst they build their businesses and change the world. Her new book, I Found an Egg on My Bed, is being released in early 2016. You can
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I am SO sick of Yoga!

Nov 20, 2015

Today I want to tell you about a new client who recently contacted me. Her name is Karen (obviously not her real name) and she left her Corporate role a couple of years ago to start her own yoga school. Karen loved yoga, had been doing it for years, went to retreats, surf and yoga camps and “just knew” this was going to be her new life ….. Until ….. Karen found that running a yoga business is quite different to enjoying her favourite poses and the meditative Shavasana! In fact she has come to me for help because as she said “I
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Unlike many entrepreneurs, Cindy Luken doesn’t have much space for romanticism in her business: “Basically, I stated this business [lük beautifood] because I wanted another business and I thought this could make money and fit around my life.” It’s a bold and ambitious statement but, when you consider Cindy’s experience and pedigree, it is easy to see she has something of a magic touch. From a degree in food science, Cindy tumbled into the world of catering and has numerous claims to fame, including cooking for Princess Diana and Prince Charles and taking credit for developing Sara Lee’s Sticky Date
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I was travelling last week and being on a plane is a great chance to catch up on some of my favourite Podcasts. One that has really got me thinking is a discussion between Brian Clark and Seth Godin on Brian’s fabulous podcast “Unemployable” The 2 are discussing freelancers in the US and just how much the world of work has changed for people many of whom have decided to leave their full time jobs behind and set themselves up as freelancers. One of their discussion points: the need for freelancers to be “Remarkable”, and how being “different” is better
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