Form a Family Board of Management to Professionalise Your Business Leadership Team

You need to form a Family Board of Management to professionalise your leadership team and drive for business success. Family business has no place in your business. A massive percentage of businesses across the globe are family run businesses. That means there is a huge number of business owners struggling to mix business life with…

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What can you do to protect your small business against customer collapse?

What would you do if a major customer collapsed owing lots of money? Here are some protection strategies for small business owners looking to survive long term. Every day we hear stories of small businesses collapsing when a customer goes into bankruptcy owing creditors heaps of money. In my home city of Perth, Western Australia…

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Want to be a business success? Don’t work so hard!

Successful entrepreneurs don’t work as hard as you do. So if you want to be a business success, don’t work so hard! This is what you should be doing. If you take the time to have a coffee with the most successful entrepreneur you know, I’m guessing 9 times out of 10 you’re going to…

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Advice For Small Business Entrepreneurs – Failure Is An Opportunity To Grow Your Business

Successful entrepreneurs use failure as an opportunity to grow their business. Rather than blame the world for problems, my advice is to take responsibility and drive for business success. Quick question for you. When things go wrong in your life, who or what do you mostly blame for the problem? When you get turned down…

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Staff Management In Small Business – How To Stay Strategic When You Lose Key Staff

Lose key staff and your life can turn to crap! The loss of key staff members can force small business owners to go operational rather than stay strategic. See my thoughts on staying strategic during staff management disasters here. New member Nic emailed me last week: “Hi Craig I will log in soon, sorry I’m…

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Have You Outgrown Your Business Partners? Is It Time To Ditch Them?

What do you do when business growth is driven more by your entrepreneurial skills than the initial equity invested by your business partners? Is it time to ditch your business partners? I’m working with a new client group at the moment. They run a multi venue restaurant and café business. Business has gone well for…

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Your Reputation Is About To Be Trashed. What Do You Do Now?

How would you react when your personal reputation is threatened by online scammers? This is what I did when it happened to me. Just before Christmas I received an email that made my blood run cold. In general terms it said: “You picked up a computer virus from a site you visited a while ago.”…

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Shocking Truth For Small Business Owners – You Are Only Working For Minimum Wages

Too many small business owners forget to pay themselves a commercial wage and risk working for less than minimum wage. You are not truly in business until you pay yourself properly. Here’s the dream – I’ll start a business to make heaps of money and finally get the freedom to run my life the way…

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