Where ever you are in your business chances are you want to make it a grow a bit or a least make it a bit easier on yourself in the trenches. This is where Porters fives competitive forces can come in really handy. Just by asking yourself these 5 simple questions you can get a… Continue reading Finding your centre
It’s an attractive idea isn’t it?, take something you really enjoy doing and turn it into your career. The trouble is a dream turned into reality can sometime become a nightmare. Somewhere in the process it could also takes away the very thing you love, by taking al the fun out of it…but this need… Continue reading Turing your hobby into a business
There are only 3 things you need to succeed in business. 1. A product or service 2. A market ie customers 3. A way to reach customers First up you need a product and that someone wants (and is willing to pay for). Steve Blank calls this the product-market fit and its pretty much Startup… Continue reading 3 things you need to succeed in business
When was your last backup? If you answer is anything longer than an hour ago you probably don't have an effective backup strategy! If you can't remember when you ast did a backup hope to it and do something about it right now. For many a USB thumb drive or external hard drive is the… Continue reading When was your last backup?
If your in business then there is a good chance you have competitors. Having a basic understanding of how you are competing with them can improve the bottom line immensely. The bright minds at Harvard University c/- Michael Porter have turned their attention to this back in the 1980’s. Essentially in comes to to how… Continue reading The basis of competition