Companies fail for a host of reasons. Bad luck plays a role, sure, but disaster usually strikes because of a more fundamental flaw–in the original idea, the strategy, the execution or all of the above.
When it comes to building a business, even Warren Buffett would agree that no one can spot every opportunity or anticipate every threat. There are simply too many variables. And in an increasingly competitive global economy, those variables are changing faster than ever before.
What entrepreneurs can do is ask the core set of tough questions that govern the fate of any enterprise. Armed with those answers, they stand the best chance of beating some fairly dire odds: Studies estimate that just two-thirds of all start-ups survive the first two years, and less than half make it to the fourth.
And if you prefer to see this in pictures, go here…
Last Friday I had the good fortune to be invited to the Secrets Exposed Series Contributors Extravaganza… and that is was. All contributors to the series were invited, totalling 214, with about half being able to make it. And make it they did! From all parts of Australia and NZ, and even a visitor from Canada.
Try networking and talking and controlling to an agenda people such as the contributors, who were all equally as excited to be in the same room as each other. To their credit, Dale Beaumont and Emma Lyons did manage to have the herd pay attention and the day went along swimmingly. And then of course the dinner was mandatory! into the wee small hours.
What has come to front of mind since Friday is this… when I agreed to do my chapter in the book, I had no concept of where this could connected community could lead. Given what Dale has planned for 2008, the connection to the Secrets Exposed series is going way beyond writing a chapter for one book, and instead will include all sorts of exciting things which I will bring to you in time… suffice to say HANG ON TO YOUR HATS, THIS IS GOING TO BE ONE HELL OF A RIDE! and one I am really looking forward too…
Something we have always known I know, but now its official…
A new survey from Murdoch University shows that self-employed independent contractors are happier than employees. This supports a Zurich University study published in 2004.
The Murdoch study finds that the self-employed have higher life and work satisfaction than employees, and have perceived better general and mental health, vitality, social functioning and financial situations. The findings are not age- or gender-dependent.
Although my girl is not a actually baby anymore… the principles still apply. Read this article, featuring my good self, by way of an introduction into the way Entrepreneurial Motherhood, and running a business aCE talentNET co-exist.
Are you building and running your business to fit and support your life? or is it the other way around?
Go to The Entrepreneurial Mother and register to
a) become part of the community
b) learn how to apply such principles to your life
Lets work together on ‘making Life work!’
Hoorah! A concise booklet designed to help you!
It’s not aimed at providing all the answers you need – but to engage and kick start your appetite for financial control.
Thank you Citibank.
Today we are better educated, better paid and enjoy broader career opportunities than at any time in Australia’s history. It paves
the way for women to embrace the option of building their wealth and
lay firm foundations for financial independence.
But women also face unique challenges. We enjoy greater longevity (an average of 82 years compared with 77 years among men), so we need to work harder at building a retirement nest egg. And as we’ll see, taking time out of the workforce to meet family needs can make it challenging, though not impossible, to accumulate a decent
If that wasn’t enough, the increasing trend towards a ‘single person’ culture, is another reminder of the need to plan for own financial well-being… independent of the male race.
The trouble is, it can be hard knowing where to start. With a mind boggling number of financial products and options to choose from, it is difficult – and at times confusing – to know what choices are right for us.
The good news is that sensible money management isn’t complex. Overcoming financial limbo and developing some financial know
how is something we can all do…
Download the Money Survival Guide for Women, and starting working your way through it today… go on, I know you want to, read on
If you have any questions, please feel free to ask me.