First Forays into Delegation

Two of my clients have recently experienced disappointing results from their first forays into delegation. Part of me wished I had prepared them better. Another part of me, after the event, remembered the enormous value I acquired from my own first (failed) experiments in outsourcing way back in the Eighties when I took on my first assistant. It isn’t always better for me to over-prepare a client for every situation. And sometimes we under-estimate a threat and are surprised by the outcome. Sometimes there isn’t time. Sometimes we only remember to look at the good bits and forget to manage […]

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Your Strategic Objective: A Detailed Business Plan

Once you’ve got clear on WHY you are doing it, you might like to consider creating a very specific business plan, which the folks at E-Myth call your Strategic Objective. This details what your business will look like and when. What do you have to achieve in your business? How many people will you need performing what functions? Where? What will you call your business, and where will you base it?  What property and facilities will you need? How many clients will use your business and what will their customer experience be? What will your proud boast be, what will […]

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Creativity: 31 Days of Abundance, Day Fourteen

I have an abundance of creativity. That isn’t something I always knew about myself. Correction, it IS something I always knew about myself but it was somewhat buried until I gave myself permission to be creative. Typically accountants aren’t thought of creative, not in a way which is well connoted at least. Creativity in accounting is often taken to mean cooking the books! What helped? After I sold my accounting business and my travel agency, and started to create other business opportunities, I realised I was a starter, not a manager. And reading the E-Myth helped me understand how to […]

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Creating A Business To Love: Taming The Monster

If you are self-employed, what I am about to say now may not apply to you. Because you might like pottering about at home, working when you choose and for whom you choose. You may have got used to your income being lumpy and not mind, because you enjoy the freedom it brings. You are your own boss, and leaving aside various uncertainties and the fact that you do everything that needs doing, it’s great. And if that’s you, I’m happy for you; some days that’s me too. But what happens if you are lucky, or successful, or both, is that […]

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Could a Franchise Accelerate Your Business Results?

How can we entrepreneurs, self-employed people and small business owners earn more money from less time with less hassle? If you start by reading The E-Myth Revisited by Michael Gerber, he explains why most small businesses don’t work and the conflict in each of us who have created a business around doing what we love, and why this leads to the risk of our not loving it quite so much anymore. It all starts with the entrepreneurial seizure, the good idea you had which caused you to start your business. Usually this is about not liking working for a boss, or not being […]

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Your Big Why: Something to Aim For

What’s Your Big Why? Why are you setting up your own small, home-based business? Why are you working for yourself? Sometimes it’s because we have no choice. Perhaps you were made redundant or cannot find a job where you live with the hours you have available. Perhaps you are looking after children or caring for elderly parents, or both. Maybe it was an opportunity which presented itself by Maternity Leave or making a Great Corporate Escape. Or even as you choose to start something in retirement. There’s a massive growth of entrepreneurs in the Silver Sector right now, for obvious […]

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Systems Can Set You Free

I came across this article on the Rich Dad website which reminds us how creating systems in our businesses can free us to be the best leader, innovator and entrepreneur we can, so that we can work less in our business and more on it. Creating Systems for Small Business By Suzi Dafnis If you answer your own email, take your own phone calls, issue your own refunds, handle your own customer service – you could be killing the growth of your business! A friend once said to me: If you need to do something more than once, then create […]

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Living Your Life On Purpose: Setting Intentions

Have you started your own business by accident?   I know I did – several times! All my previous businesses, with only a couple of exceptions, have been started around brilliant ideas I had, most of which I omitted to check with my marketplace first. Pretty much all of them were created around things I love to do technically, like accounting or helping people by providing solutions. But in the early days almost no thought ever went into the business – until it was too late – about what I wanted to achieve from all the effort, apart from a living. These […]

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Competition: My Transmogrification into The Money Maven

This means that you can carry on diddling about all day doing what you love and you don't need to worry about money. By the time you find that pain or reason to change, you will be financially sorted anyway due to the easy, affordable, simple investment opportunities to which I introduced you in 2009/2010? You could wake up in ten years' time and discover that you are lot better off that you thought you were.

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