entrepreneurs
256 posts
Double Your Business
Greg opened his diary and booked the new client in. It was a small electrical job, hardly worth going out of his way for the call out fee of $120—the kind of job that most of his competitors wouldn’t have dreamed of booking this close to Christmas when everyone wanted everything yesterday. He turned
Doing The Maximum
Everywhere you look today you will see people doing the minimum. The cashier at the electrical store processing customers without acknowledgement. The doctor who casually flips through your notes without making eye contact. The lecturer using the ‘death by PowerPoint’ teaching method. We hardly ever
What’s The End Game?
Before you pivot. Before you expand. Before you take on extra staff. Before you act on conventional wisdom. Before you panic about the numbers. Before you say ‘yes’ to something when you really mean ‘no’. Before you become someone you don’t recognise. Ask yourself, What was my original intention for
Good To Do Vs. Right To Do
The brand new billboard spanned the four lanes of the freeway that led to the airport. The location was obviously a strategic move, given that the company being advertised was in the travel business. The gorgeous image of a lone traveller in the wilderness had likely been painstakingly chosen by the
The Opportunity Equation
In order for a business to take advantage of an opportunity four factors must be in place. The formula looks like this. VISION + RESOURCES + SKILLS + PLAN = OPPORTUNITY REALISED An opportunity can only be realised when you have the vision to recognise it and the resources, skills and plan to execute
Want To Vs. Have To
The famous fashion designer doesn’t have to pay a fair wage to the workers in the Indian village, who hand bead the $600 dresses she sells to affluent Melburnians. Her customers would never know—and yet she does. The busy graphic designer doesn’t have to make suggested improvements to the slide deck
Not Everything Is An Opportunity
We first met casually, in a social situation one Saturday morning. Less than five minutes into the small talk Terry asked what I did for a living. No sooner had the words “I run my own business” left my lips, than his hand reached into his back pocket to draw out some business cards (one…
A New Book To Help You Create Ideas That Fly
I’ve spent the last two years writing, speaking and consulting about how to succeed by making your ideas resonate with the people you want to serve. My new book Meaningful: The Story Of Ideas That Fly is the culmination of that work. Our new digital landscape has spawned an entrepreneurial culture a
Before You Pitch
At the end of the event a small group gathered around the presenter. He had flown in from Europe the day before and was bound to be jet lagged. Despite that he had delivered an informative and inspiring keynote about how his company—one of the most powerful brands in the world, used customer insight
The Most Powerful Thing You Didn’t Do Today
Have you ever been footsteps away from a window and yet found yourself opening an app or doing a Google search to check the weather, instead of simply going over to the window and opening the curtains? Me too! Why is that? We are now in the habit of outsourcing our thinking and second guessing…
Two Kinds Of Feedback
A common way to get feedback is to describe what you’re creating in detail and then to ask a prospective customer if they would use it. This is equivalent to asking someone for an honest answer to the question, “Does my bum look big in this?” Sometimes the answers we seek out are not the…
The Question To Ask Before Doing What You’re Planning To Do Next
Before you schedule that meeting. Before you contact that supplier. Before you attend that conference. Before you pay for that marketing. Before you hire that guy. Ask yourself this simple question: What’s the number one outcome I want to achieve by doing this? When you get clear (and honest with yo
The Business You Want
If I asked you to describe the business you really want you’d probably find it hard. Here’s why. We have conditioned ourselves to pay attention to popular metrics of success and we often don’t want to make the sacrifices or the compromises it takes to achieve them. It’s akin to wanting Jennifer Anis
What Change Are You Making?
The sales assistant at the pop up boutique glowed. She enthusiastically pulled things one at a time from the rails to show to the customer. “These pants will change your life,” she said. I thought that was a huge claim to make about what seemed like an unremarkable pair of trousers, but when the wom
You Are Not Apple, And That’s No Excuse
“That’s all very well, but we are not Apple,” says every CEO and entrepreneur, when a well-meaning colleague gives another Apple best practice example as a possible way forward. No, you are not Apple and you don’t have to be. There are a million ways to do meaningful work. Owning the fact that it’s
The Business Of Enough
There’s a tiny cafe in Midtown with room for exactly three people to stand up inside. They open from 7 until 5 on weekdays and close at 3 on weekends. The two staff working behind the counter are always smiling and engaged. They clearly love what they do. Lucid doesn’t have a website or another…
The Power Of What We Measure
It’s easier than ever before to create a set of metrics by which to monitor our progress and measure our success. Click-through rates, subscriber numbers, impressions and customer lifetime value are useful data points. What if we measured our success by the results we delivered for our customers? No
How To Get The Results You Want
In work, as in life we create a sense of balance by understanding what we want and what we don’t. We prioritize by wanting less of one thing and more of something else. Less overwhelm and more progress. Fewer things to react to and more results. Less busyness and more time. Fewer restrictions and mo
The Value Of Giving To Give
A supermarket loyalty card helps the company more than it does the shopper. We all know that it’s less a way of rewarding customer loyalty and more a way of collecting useful data. Much of the ‘giving’ we do in business is because some kind of return is expected down the track. This drawing that…
Too Cheap To Be Good
When a friend was shopping around for a logo designer she got several recommendations and then asked for quotes. The range was extraordinary, but no more extraordinary than her reaction. The companies that quoted below what she felt was reasonable were immediately discounted and they lost her busine
