When do you sell your business? October 25th, 2009

That old question that I must have heard a thousand times, “so, what is your exit strategy?” always makes me smile. As if you’d tell someone you barely know. I always say, “well I’ll be leaving work at about 7pm this evening.” I hear this question 3 times a week. I think it is important to know where you are going. Businesses need direction. I am a great believer in goals and raised a laugh at the How-Do convention recently when I admitted my wife and I have a “50 year plan.” But why not? I work on the principal that you need to know where you are going. What is wrong with mapping out your life to when you are in your 90′s. You… Read the Rest »

Jumping on the “banned” wagon October 18th, 2009

I was asked at a How-Do discussion group recently where I was part of a panel of experts [if there is such a thing], do you diversify or is it better to specialise? Great question, and there is no right or wrong answer. I explained that I have tried and failed many different things. The important thing in my opinion as an entrepreneur is to dust yourself off and have another go. Great entrepreneurs are resilient, they don’t know how to give up, they are prepared to push the boundaries and if they fail they do not see this as a negative emotion. In fact failure to a receptive mind means you are learning. If you are going to try something new I think it… Read the Rest »

A Law unto himself October 11th, 2009

I remember an argument between 2 friends years ago. It was a regular discussion that happened between 2 actor friends of mine. I remember trying to play the piano whilst they both went at each other. My closest friend Ashley Paske played Matt in Neighbours the Australian soap which consumed the UK in the 80′s and early 90′s. Ash had finished with Neighbours and was treading the boards in Oxford. He couldn’t go anywhere without being mobbed. People would interrupt every occasion when we were out in public, it is incredibly frustrating, but one he thrived on. The other actor was far less famous. Successful in his own right however on a much less grander scale. He was in a failure of a programme called… Read the Rest »

Be careful what you wish for October 8th, 2009

According to many leaders of small businesses “Goal setting” is a waste of time and energy. It is an outdated American principal for the happy clapping brigade. Is there more to goal setting than meets the eye? What if goal setting was a scientific art form? What if you could literally pinpoint your every move in the future and design the outcome of every turn years before you arrive there, long after the memory of even setting the goal. Sounds ridiculous doesn’t it. Yet my wife and I have built a business on this very principal. I am in Amsterdam at present and yesterday went to Anne Franks house to visit a very important place preserved in our history. The one thing I came away… Read the Rest »