Ever wondered ‘Where’s the money gone”?

‘Where’s the Money Gone?’ traces the learning of a typical business person named Mike. Mike believed that to be successful he just needed to make a profit.

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Other People’s Perspective – The Great Accelerator in Business

By on September 10, 2009 in Mindset

When was the last time you reached out to someone and asked for help?

Have you been pushing people away without realising that they are genuinely trying to help you?

Have you become so convinced that you know your business so well it’s difficult to find someone who really understands and can help you?

In my life I have learned that getting other people’s perspective on things can be the most important accelerator in my business.

So why have I often not been intentionally looking for people to input into my world.

Basically it’s that word PRIDE. And I’ve found that when pride is present I can often be locked out of good thought and input from others.

Please understand me; a healthy sense of pride is important in any business so that things are done excellently, but when it get’s exaggerated it can lock you away from the input of others.

Climbing the mountain to the pinnacle of success is not a ‘go alone’ exercise.

It requires the help of others and requires you to remain open and welcoming to the input from those around you who often care for you more than you realise.

Video

What’s my business worth?

By on September 8, 2009 in Melbourne Vlog Tour

Many business owners make a fundamental mistake when looking at what their business is worth.

Today Andee discusses what this mistake is and what you must do as a business owner to ensure your business is saleable and to understand how this element impacts the true value of your business.

The Vlog series comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed from Milano’s Cafe, Vermont and answers the question ‘What’s my business worth?’

Demystifying the great myth – working on your business

By on September 3, 2009 in Management

Have you ever heard the term ‘Working ON your business rather than working IN your business’?

This term is often used to justify selling consulting or coaching services.

BUT…

Could small business owners actually work ON their business unassisted?

Has any one shown you how to do this BY YOURSELF?

Working on your business means standing outside and looking back in to see what’s happening, which will help you to verify that your business model is working correctly.

It’s kind of like a health check for your business to make sure everything is functioning correctly.

Our FREE 30 Day Business Turnaround process empowers you to do this.

Video

How do I know if I am being successful in my business?

By on September 1, 2009 in Melbourne Vlog Tour

To know if you are successful in your business you must measure the performance of your business.

In Today’s Vlog Andee looks at two ways to measure business success and reveals two “levers” you can use to improve your business success

The Vlog Tour comes from One Sherpa an online global membership community dedicated to helping small business owners succeed and prosper.

The series is filmed on location around Melbourne, Australia and answers questions commonly asked by small business owners.

This video is filmed at the Vermont Football Club, Vermont and answers the question ‘How do I know if I am being successful in my business?’

I need a Business Turnaround

By on August 27, 2009 in Management

It had been another long week for Mike.

As he drove home that Friday night, he reflected on why his business had not performed as he had expected.

He remembered how exciting the idea was to have his own business.

He would be his own boss and have the freedom he’d always longed for.

Even if he made half the sales he thought were possible, he would be so far ahead financially; there hardly seemed any risk at all, and with all the profits he would make, he would be far better off financially

But things had not gone quite the way he’d thought they would. Every month there seemed to be more money going out than coming in.

It wasn’t just the wages bill, but also the fact that he had to buy stock to sell next month and pay rent and outgoings.

He dreaded each quarter when his accountant would tell him the amounts to pay his quarterly tax payments; and at the end of the day, even though he owned the business, he seemed to always be the last person to get paid.

Mike was in bad need of a turnaround. In fact he needed badly to do the 30 Day Business Turnaround.