The Peter Principle, Dilbert Principle, and Imposter Syndrome

If it’s one thing worse than reporting to an incompetent manager, it’s being a manager and constantly feeling you’re inadequate. So why do useless people win promotions, and how do you make sure you’re not one of them? One of my favourite management philosophies, The Peter Principle, observes that “managers rise to the level of…

Fix, System, or Asset?

Want a Business Fix, System or Asset? A doctor will fix your broken leg. A good doctor will tell you, after the fourth broken leg, to stop jumping your motorbike over school buses. But when you truly cannot imagine a life without fresh air and school buses beneath your wheels, then you need a better system…

In Support of Lenders Mortgage Insurance (LMI)

by Jacob Aldridge, who owns ~$1.2 million in property and loves every cent of his mortgages I like money and I like property. I mean, they’re not the reason I’m alive but all other things being equal I would rather have them than not. Which is why I get angry when my first-home-owner-wannabe friends outline…

Kiko, Paradigm Shifts, and their Impact on Business Valuation

by Jacob Aldridge There are a number of elements in a business that impact its valuation. These can be positive impacts (eg, new product lines) or negative impacts (eg, abnormally large liabilities on the balance sheet). When I explain these elements to business owners, I talk about the two biggest negative impacts on Valuation as ‘Temporary…

Jacob Aldridge Profile Photo

Top 25 Best Business Coaches in Brisbane

If you’re here looking for a great business coach in Brisbane, then click here to see the updated 2020 List. Remember to ask: “How many businesses have you coached through an official Recession?” The Australian GFC doesn’t count – as you’ve probably noticed, this is a LOT different. Here is my original article – and…

IN THE MEDIA: Understanding your Role as Leader

Source: Stepps.com If you don’t understand your role as a leader, your business will be rudderless. For example, in the real estate industry many principals are really just agents who have chosen to work for themselves rather than under another business. Those who are actually leading their companies (and their industries) sit above and ahead of the day-to-day business.…

3 Portraits of my Grandma, for her 80th Birthday

Today, January 19 2015, is my paternal Grandma’s 80th birthday. Or at least, it would have been if she were still alive. Grandma died in May 2013. I was overseas on holiday at the time – her health hadn’t been great, but it had been a slow decline over many years so her hospitalisation and…

KPI Co-Founder Glen Carlson

Your January Strategy Day is a Waste of Time, but it Doesn’t Have to Be

by Jacob Aldridge, Business coach in Brisbane Australia j.aldridge@businessdepot.com.au That’s a tactic that will save you an hour and waste you an entire year designing and executing the wrong strategy. In the snows of North Dakota, overlooking Bondi Beach, and here where I’m based in damp, sub-tropical Brisbane Australia, businesses of all sizes are gathering…

Where New Year Business Reviews Go Wrong

It’s that time of the year again – even businesses make New Year’s Resolutions which they rarely keep. Depending on the size of your organisation, these might be the individual business owner taking pause or even the annual January strategy retreat designed to create a focus for the year ahead (I run a few of these…