Source: Business Acumen Magazine If you own a private enterprise in Australia then you have “a number”. This is your end game, your commercial vision, the sale figure you believe will see you happily sail into the sunset. What you may not know is your Numbers – plural. These are the periods of No Man’s...
Source: Smart Company by Nina Hendy The term entrepreneur has become a buzzword in recent years, but is it being grossly over-used? How do you know when you’re an entrepreneur? And should you stop calling yourself one? International business coach Jacob Aldridge offers great description… Read the whole article here
With respect to the greatest fencing-master of the late 1300s, Fiore Furlan dei Liberi da Premariacco, and his manual Fior di Battaglia (Flower of Battle). [1] Jacob Aldridge: “As a young man I desired to learn authentic business, including the art of fighting for profit with sales, products, channels, brand and necessary infrastructure, on my own...
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...
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...
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...