Entrepreneurial business owners could be forgiven for thinking that the ‘digital revolution’ only applies to larger businesses and that they can continue in their old ways and still remain competitive: nothing could be further from the truth. All businesses need to adopt a digital strategy that’s supported by a clear digital implementation roadmap. The…
This blog is for entrepreneurial business owners, the sector of the population I share most time with and whose dreams, goals and fears I share. Entrepreneurial businesses are mainly small – less than five staff – but are the lifeblood of the economy (whatever politicians and the media may think). Most of us who run…
Imagine that you are thinking of buying a new car and visit your local car showroom. The salesperson approaches and you ask a couple of questions about the model you’re interested in: Does it have four wheels? Do the brakes work? Stupid right? Because products or services we are thinking of purchasing have certain intrinsic…
When Kodak chose not to develop the digital camera, which had been invented by their 24 year old employee Steve Sasson, in favour of sticking with their old and hugely profitable film business no-one should have been surprised. Not surprisingly the main objections to developing the digital technology came from the marketing and business sides.…
I’m sorry to interrupt you…. are you busy? Of course you are. You’re a business owner and we’re always busy. Putting in long hours and working hard. I bet it’s a bit chaotic too. Phone calls, emails, staff and your to do list (which never seems to get any shorter). A lot of business owners…
This week I want to tell you about something I read whilst I was away. You see, I read a lot of blogs. I like to keep up with trends in marketing and finance. I find that blogs are usually the best way. But as with most things in life you have to be curious…
Discovering your purpose is the first step to entrepreneurial success. In a recent blog I gave you a guide to discovering your purpose and as you may have found it’s not easy. In fact, few of us discover it until our late 30s or 40s. But when you have discovered your purpose (your ‘why’ according…
Last week the Monetary Policy Committee of the Bank of England increased the base interest rate to 0.75%, only the second increase in the past 10 years. One respected commentator said “It takes some considerable stupidity to see a crisis coming and decide to make it worse. But that’s exactly what the Bank of England has…
Last week I asked whether you know you purpose. It sounds like an easy question, but in reality it is far from it. And if you haven’t yet found your purpose how do you go about it? Your purpose – or as Simon Sinek calls it, your WHY – is unique to you and every…
This week has seemed a bit like the end of the holidays rather than the beginning. The World Cup, Wimbledon and the summer just seemed to end all together. Soon it’ll be the football season. And just like the England team at the World Cup I wrote about last week, all the teams will be…
