When Times Get Tough
When the going gets tough … people of real substance ride the wave and the weak drown in their own egos and ignorance. People of substance are mature enough to sit back and take a cold hard look at the world… and change … they do what they must do! Just as there is no …. Read More
Before Times get Tough
Since time immemorial humankind have recognised that the good times are always followed by the lean times. Through various mechanisms they prepared themselves for the lean times to ensure their continued survival. Instinctively we know this dynamic, but for some bizarre reason businesses today seldom prepare themselves for the bad times … have they forgotten …. Read More
It’s NOT all about the money!
The feeling and emotion of prosperity does not come from what you own, but by knowing who you are. Knowing who you are means knowing where you want to go. Knowing where you want to go gives you focus and direction … the money will come! The PURPOSE of any business is to get, and …. Read More
The Training Fad
We all know that no expenditure, whether it be in the form of time or money, should be made in business without first considering the return on the investment. Yet today more money is wasted on training than in almost any other activity in business! Do not, for one second, misinterpret this statement … training …. Read More
Get Paid on Time
Just getting paid for the goods and services you provide can cost your business a small fortune. Unpaid accounts, the time and energy spent on chasing up late payments, and the cost of collection agencies and legal bills can be a huge drain on your resources. Prevention is always better than cure, so if you …. Read More
Business Cancer
Cancer can be cured, BUT you must pick it up early, and treat it! The same rule applies in business, except that here the cancer is called ‘Toxic Corporate Culture’! One of our first posts listed 18 fatal business diseases. One of these, a toxic corporate culture, is probably the worst as it is a …. Read More
Know the Credit Risk
How many times have you heard that the collapse of a major debtor caused the collapse of the business to whom the money was owed? Tragic indeed, but unfortunately credit management has become far too much of a science and has lost the art that used to govern it. Granting credit to another company, or …. Read More
Blame it on yourself!
Blame it on Yourself! So, you are in business … it is remarkably successful, making you truckloads of money and there is absolutely nothing you could possibly change to make it even better! Be honest – is this really the case? If your answer is yes, you are indeed a rare exception. Don’t you see …. Read More
Profit means NOTHING!
Profit Means Nothing! What is more beneficial – a profitable business or a cash cow? The one is definitely not the same as the other! Just look at Steinhoff and the millions of ’Profitable’ businesses that have collapsed. It is upsetting to say the least when one hears businessmen and women brag about their profits. …. Read More
Seeds of Business Success
The Seeds of Business Success If you do not change today, you will get tomorrow, much more of the same that you got yesterday. The future for most people is usually a reflection of what they got in the past, albeit in another form. In the last blog post we dealt with the fatal …. Read More