Interesting observations by Sir Richard Branson on early-stage business and the need for business plans. This is what he has to say: “When I started out, I didn’t know anything about business… I didn’t create a formal business plan, because – to be honest – it seemed really boring to me. I think this is […]
Archive | Tips
Become a master of two things
This is how Justine Musk, former wife of electric car / space travel / energy storage entrepreneur Elon Musk says you need to do to succeed: “Get deeply, intensely curious about what the world wants and needs. Ask yourself what you have the potential to offer that is so unique and compelling and helpful… Then develop that […]
Play your best game and simplify your plan
Flow Canvas creator Christoff Oosthuysen offered two important tips at the lunch-time Upstart talk at the University of Cape Town — play your best game and simplify your plan! In the talk he explained that you can make your business model easy to understand if you answer “the five questions to all answers”. These are: What you […]
Do your business plan like Mike Tyson
This is what Mike Tyson, the boxing champion and convict of the 1990s, famously said when reflecting on his approach as a successful fighter: “Everyone has a plan – until they get punched in the face!” In many respects Tyson’s observation is also what we experience in business… You make meticulous plans, are asked by […]
Does Effort Equal Success?
It is that time of the year again… piles of school books to cover and the obligatory “Meet The Teacher” meeting. Not that I mind the meeting — in fact I rather look forward to get to know a little about the person I am entrusting my precious child with for six hours or more every weekday. Only, […]
Why entrepreneurs fail ~ and what to do about it
Businesses fail for many reasons, but underlying all the possible causes there is one truth that, if better understood by the entrepreneur, would have ensured success. That truth is that to succeed you have to operate inside your “flow zone”. In my work with thousands of entrepreneurs this is the picture I draw most often, […]
Achieve Results with this 1-Page Business Plan
This is what Mike Tyson, the boxing champion and convict of the 1990s, famously said when reflecting on his approach as a successful fighter: “Everyone has a plan – until they get punched in the face!” In many respects Tyson’s observation is also what we experience in business… You make meticulous plans, are asked by […]
Helping your employees to find their flow
Optimal experiences at work are within our grasp! This is what the science of positive psychology shows us today and which individuals can learn from in transforming their lives. But, you may ask, how do we translate these insights into practical business tactics? Along comes Ken Blanchard, best-selling co-author of “The One Minute Manager” and half a ton other books […]
Research results show how to be happy
Two recent Gallup Management Journal articles provide some interesting insights into research on how you can create the conditions for more happiness in your life. It boils down to this: – Live with people/someone who has high wellbeing and it will boost your chances of having high wellbeing. – Donating money rather than buying material […]
The 4 Key Concepts You Need To Know To Attract More New Customers
Customers are the lifeblood of business: without customers to buy your products or services, you wouldn’t even have a business to begin with. What can you do to consistently attract the right customers? Before I answer that question, remember every business is going to do their best to attract new customers, but growth can only […]