Posts tagged business skills

Growth

Growth

I’m talking about growth of you as a person and as a business owner. There is a difference between 10,000 hours spent working on your craft and 1 hour spent 10,000 times. Your craft is your trade, what you do in your business – marketing for your clients, baking pies, massage therapy. It takes time, […]

The Peter Principle

The Peter Principle

Most people start a business because they are good at what they do – bookkeeping, hairdressing, selling, fixing cars, cooking etc. They start off as self employed…(bookkeepers, hairdressers, mechanics ) and do fine. Over time they decide to grow their business. Soon they find they spend less time doing their business and they have to […]

Why do 80% of Businesses Fail?

Why do 80% of Businesses Fail?

The statistics tell us that 80% of businesses fail in the first 5 years. The reasons cited include: lack of basic business skills not enough good advice cash flow problems lack of sales losing focus pricing poorly not seeking help underestimating the competition and the market undervalueing promotion Usually the reasons are directly related to […]