Articles tagged with: success
More Profit in Less Time – The Wednesday Tip
Cash, then Systems and then People. That’s the way to grow a business.
It’s true that more than 50% of small businesses fail before they reach their 3rd anniversary. And the biggest reason that businesses fail is a lack of cash. So in order to give yourself a sporting chance, your new business has to focus on bringing in cash.
If you can’t do that in the early days, then you really don’t have much of a business.
Once the theory starts working in practice …
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A ship in the harbour is safe – but that’s not what ships were made for. As Dale Carnegie says “the sure-thing boat never gets far from shore”!
Want to succeed? Push the boat out!
Posted on 31 August 2009 by Proactive Paul
getting things done »
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Imagine a big horizontal stone flywheel rotating on its spindle with a significant momentum.
But the thing is, it’s going in the wrong direction! Your job is to make it go in the opposite direction with the same degree of momentum.
That’s not going to be easy! Whatever task you are faced with, slow it down slowly, make it stop, start it moving slowly in the right direction. Build up …
Tuesday Financial Focus
Time is money as they say, and if you want to be better at managing your money then you need to be better at managing your time. If you invite me round to your company to speak about “Time Management” one of the first things I will say is that you cannot manage time, you can only manage the things that you do with your time.
Stephen Covey in his book 7 Habits tells us that you need a routine, that focusing on daily routines is too short a …
I have been working across four European capitals in the past few years, and have gradually become accustomed to the way they do things differently. It took me years to get used to the Belgian Franc at 66 francs to the pound, and by the time I had mastered it, the Euro was introduced! At least I no longer have to carry four wallets!
Nowadays in Belgium, I occassionally use a Proton card. Proton was supposed to have been the dawn of a new era of the cashless society, where I …
What is the primary cause of business failure? It’s tempting to say procrastination, although you might want to take a bit of time and think that one over!
To be honest, it’s lack of cash. In the UK more than 50% of small businesses go out of business before their third anniversary. And it’s not a lack of profit that’s the problem, it’s the cashflow. Lack of cash is the biggest reason that many businesses go out of business. I speak on this subject (see Proactive Paul Dot Com) and there …