The scarcity of 4 key things hold entrepreneurs and businesses back.
I recently posted a blog on the first one, scarcity of time.
Today, lets deal with the second- money
Lack of money to purchase resources or materials, lack of money to invest in marketing, lack of money to recruit staff even lack of money to pay yourself what your worth.
There are several ways to create more money, and borrowing should be the last.
1. Sell more, stop doing all the fluff stuff and start making sales calls, sell sell sell, most start up businesses are in the income stage, (for profit and value stages, read the whitepaper - link below) where people are buying YOU, so get out there and sell
2. Negotiate contra deals with suppliers, provide them with a product or service in return for their product or service, this means you don't have to come up with the cash.
3. Haggle. If you can negotiate a better deal, thats less cash that you have to generate, and when I say haggle, I mean haggle like crazy, you will be surprised at how much people will reduce their price if you just ask, every dollar saved is less cash you have to generate to run the business.
There are more example in the whitepaper (see link below)
Look out for scarcity number 3 in the near future
To win at business we need to understand the 8 business frictions, the 6 mindsets of an entrepreneur and the one critical factor that drives business growth.
Receive a free 20 page white paper on how you can find out more about these "business rules" and how they will help you "win" at the game of business here
Tuesday, October 12, 2010
Sunday, October 10, 2010
Scarcity number 1
Most entrepreneurs or business owners either struggle or fail due to the scarcity of 4 critical resources.
If one of these apply to you it could be holding your business back. If two or more apply you could be in serious trouble.
1. Time
They get so caught up in doing the next best thing, flitting from one to the next, rarely get paid appropriately for their time and because they are typically ineffective time managers and or poor delegators, they tend to think it is easier to do it yourself than delegate it to someone else, they live in the false belief that they will have that long desired holiday, break or cut back on the 60 or 70 hour week when X or Y happens. Every time they try to step away from the business they get sucked back in time and time again. the reason this occurs is lack processes and procedures, support and efficient time management systems.
Look out for scarcity number 2 in the near future
To win at business we need to understand the 8 business frictions, the 6 mindsets of an entrepreneur and the one critical factor that drives business growth.
Receive a free 20 page white paper on how you can find out more about these "business rules" and how they will help you "win" at the game of business here
If one of these apply to you it could be holding your business back. If two or more apply you could be in serious trouble.
1. Time
They get so caught up in doing the next best thing, flitting from one to the next, rarely get paid appropriately for their time and because they are typically ineffective time managers and or poor delegators, they tend to think it is easier to do it yourself than delegate it to someone else, they live in the false belief that they will have that long desired holiday, break or cut back on the 60 or 70 hour week when X or Y happens. Every time they try to step away from the business they get sucked back in time and time again. the reason this occurs is lack processes and procedures, support and efficient time management systems.
Look out for scarcity number 2 in the near future
To win at business we need to understand the 8 business frictions, the 6 mindsets of an entrepreneur and the one critical factor that drives business growth.
Receive a free 20 page white paper on how you can find out more about these "business rules" and how they will help you "win" at the game of business here
Wednesday, September 29, 2010
Business is just a game
Business is really a game, it comes with its own set of rules and its own set of changing circumstances. In any game the person with the greatest understanding of the rules and the way the game is played is most likely to win.
Business is no different! If you can improve your knowledge of the rules and be aware of how the game is played you can win. Winning at business can look different to different people. For some people winning is a balance in their bank account, for others its freedom to do what they want and for others its leaving some sort of legacy.
To win at business we need to understand the 8 business frictions, the 6 mindsets of an entrepreneur and the one critical factor that drives business growth.
Look out for more in my blog in the near future about "winning at the game of business"
Receive a free 20 page white paper on how you can find out more about these "business rules" and how they will help you "win" at the game of business here http://www.accelerateglobal.com/business-growth-white-paper/
Business is no different! If you can improve your knowledge of the rules and be aware of how the game is played you can win. Winning at business can look different to different people. For some people winning is a balance in their bank account, for others its freedom to do what they want and for others its leaving some sort of legacy.
To win at business we need to understand the 8 business frictions, the 6 mindsets of an entrepreneur and the one critical factor that drives business growth.
Look out for more in my blog in the near future about "winning at the game of business"
Receive a free 20 page white paper on how you can find out more about these "business rules" and how they will help you "win" at the game of business here http://www.accelerateglobal.com/business-growth-white-paper/
Thursday, May 20, 2010
Get on the F.A.S.T track...
Two hours of kicking some goals! 
I'll be running a lightning presentation at the Jupiters Casino on June 8th and 30th from 6 - 8:30pm. For only $49, you'll achieve a personal action plan for success, the key to overcoming obstacles and the formula for maximising outcomes with minimum effort
Stop floating through life and live your life, register now or find out more by visiting www.fastseminar.com
I'll be running a lightning presentation at the Jupiters Casino on June 8th and 30th from 6 - 8:30pm. For only $49, you'll achieve a personal action plan for success, the key to overcoming obstacles and the formula for maximising outcomes with minimum effort
Stop floating through life and live your life, register now or find out more by visiting www.fastseminar.com
Tuesday, April 20, 2010
Say Kia Ora to success New Zealand
Kicking off the first Get Real seminar in Auckland next Thursday. Time to introduce New Zealand to the Get Real Guy way of getting things done and making things happen. Check it out...
http://www.prwire.com.au/pr/17498/say-kia-ora-to-success-new-zealand
Monday, April 12, 2010
When instant coffee isn't FAST enough.
How to reach personal targets in this thing called, err...life!
Everything in life is getting faster. Close your eyes for too long and time slips away, forfeiting rare opportunities to close in on your goals. Do you want to risk that?
We’re all busy human beings. So busy, in fact, that we’re losing the ability to raise the bar and execute on the important things in our lives.
Forget what you’re doing for a second because if you’re looking for success (personally, financially, professionally, whatever!), I need your undivided attention. Think back about 4 months when we promised ourselves that 2010 was going to be our year to lose 10kgs, save more money or grab that promotion you’ve been chasing. Feels like a lifetime ago, doesn’t it? A clear distinction can be made between those people that achieve their short-term goals and those that don’t. The ones that do generally go on to be hugely successful!
Don’t despair, I have invested so much time in researching human behaviour that I now know just how to overcome that barrier of goal resistance. It’s called Get Real FAST. It comprises 4 key steps, Focus, Action, Support & obsTacles, to help you achieve that promotion, lose 10kgs or save some pennies. Check it out…
Focus – There’s generally more than one thing we want to achieve. But what really sets the achievers apart is their ability to focus on just one thing at a time. Forget the things that just won’t happen and the goals that are someone else’s. Think about what’s truly important to you and hone inon that. Given your goal is achievable, believable and consistent, with a touch of focus you’ll be well on the road to goal accomplishment.
Action – There’s a stark contrast between someone who’s interested than to someone who’s committed. You need to be absolutely committed to your goal to make it work. Once you’ve made this switch, write down your goal, describe your goal in detail, define the key action steps needed to get you there, apply a time frame and shout it loud and proud from your personal podium! Sharing makes you accountable, and that’s one of the vital steps in goal kicking.
Support – Support is about maintaining momentum and exhausting all the resources that are available to help you progress towards your goal. Doing it solo doesn’t give you hero status; in fact, it makes you more vulnerable to failure. Gather support in the form of information (books, magazines, internet) and experience. People who have been there and done that have a wealth of support to give. Call them, email them and ask them what it was that worked well, and what didn’t. Having someone keep you accountable is a good way to keep the momentum going.
obsTacles – There’s nothing good about obstacles. Whether they take the form of a small speed bump or a big brick wall, they only lead to frustration and the possibility of failure. So the answer is, get rid of them! Research shows the biggest barrier is time (surprise, surprise!). Make time by combining activities, e.g. exercise & travelling to work or driving & conference calls. It’s essential you make time to action your goals and ensure they can’t be thieved by other people or commitments. Fancy trying to learn Spanish in a kitchen full of hungry kids!
Also, keep an eye out for the dream stealers. You know the ones who love to see you fail. Avoid them at all costs! Either that or use them as an agitator – someone that pushes your button and makes you more determined to achieve your goals. Then you can say, “I told you so!”
Being successful doesn’t happen overnight – but it can happen in 28 days with Get Real FAST.
If you liked this, don't forget about the first Get Real seminar in Auckland, April 29th. It's going to be epic, check it out - www.getrealseminar.com
Everything in life is getting faster. Close your eyes for too long and time slips away, forfeiting rare opportunities to close in on your goals. Do you want to risk that?
We’re all busy human beings. So busy, in fact, that we’re losing the ability to raise the bar and execute on the important things in our lives.
Forget what you’re doing for a second because if you’re looking for success (personally, financially, professionally, whatever!), I need your undivided attention. Think back about 4 months when we promised ourselves that 2010 was going to be our year to lose 10kgs, save more money or grab that promotion you’ve been chasing. Feels like a lifetime ago, doesn’t it? A clear distinction can be made between those people that achieve their short-term goals and those that don’t. The ones that do generally go on to be hugely successful!
Don’t despair, I have invested so much time in researching human behaviour that I now know just how to overcome that barrier of goal resistance. It’s called Get Real FAST. It comprises 4 key steps, Focus, Action, Support & obsTacles, to help you achieve that promotion, lose 10kgs or save some pennies. Check it out…
Focus – There’s generally more than one thing we want to achieve. But what really sets the achievers apart is their ability to focus on just one thing at a time. Forget the things that just won’t happen and the goals that are someone else’s. Think about what’s truly important to you and hone inon that. Given your goal is achievable, believable and consistent, with a touch of focus you’ll be well on the road to goal accomplishment.
Action – There’s a stark contrast between someone who’s interested than to someone who’s committed. You need to be absolutely committed to your goal to make it work. Once you’ve made this switch, write down your goal, describe your goal in detail, define the key action steps needed to get you there, apply a time frame and shout it loud and proud from your personal podium! Sharing makes you accountable, and that’s one of the vital steps in goal kicking.
Support – Support is about maintaining momentum and exhausting all the resources that are available to help you progress towards your goal. Doing it solo doesn’t give you hero status; in fact, it makes you more vulnerable to failure. Gather support in the form of information (books, magazines, internet) and experience. People who have been there and done that have a wealth of support to give. Call them, email them and ask them what it was that worked well, and what didn’t. Having someone keep you accountable is a good way to keep the momentum going.
obsTacles – There’s nothing good about obstacles. Whether they take the form of a small speed bump or a big brick wall, they only lead to frustration and the possibility of failure. So the answer is, get rid of them! Research shows the biggest barrier is time (surprise, surprise!). Make time by combining activities, e.g. exercise & travelling to work or driving & conference calls. It’s essential you make time to action your goals and ensure they can’t be thieved by other people or commitments. Fancy trying to learn Spanish in a kitchen full of hungry kids!
Also, keep an eye out for the dream stealers. You know the ones who love to see you fail. Avoid them at all costs! Either that or use them as an agitator – someone that pushes your button and makes you more determined to achieve your goals. Then you can say, “I told you so!”
Being successful doesn’t happen overnight – but it can happen in 28 days with Get Real FAST.
If you liked this, don't forget about the first Get Real seminar in Auckland, April 29th. It's going to be epic, check it out - www.getrealseminar.com
Saturday, April 3, 2010
The question is not HOW bad you want it.
The question is WHY do you want it, when the "WHY" is strong enough the "HOW" looks after itself. In other words if the motivation "WHY" is big enough you will find a way "HOW" to make it happen
Unfortunately that's not where the story ends. If we get the WHY eg "I want to be financialy free so that I can devote my life to caring for the homeless" doesn't mean the HOW "I need 5 million dollars in order to be financialy free" will show up.
We have to get off our backsides and MAKE it happen! Laying on the lounge knowing your "WHY" is nice. Hoping that the 5 million shows up while you are laying there is the definition of insanity!
I cover ALL this stuff in my Get Real Seminars www.getrealseminar.com
The question is WHY do you want it, when the "WHY" is strong enough the "HOW" looks after itself. In other words if the motivation "WHY" is big enough you will find a way "HOW" to make it happen
Unfortunately that's not where the story ends. If we get the WHY eg "I want to be financialy free so that I can devote my life to caring for the homeless" doesn't mean the HOW "I need 5 million dollars in order to be financialy free" will show up.
We have to get off our backsides and MAKE it happen! Laying on the lounge knowing your "WHY" is nice. Hoping that the 5 million shows up while you are laying there is the definition of insanity!
I cover ALL this stuff in my Get Real Seminars www.getrealseminar.com
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