Tag: Smart City Perth

Survival tips on starting a new enterprise

No matter how grand the vision is we must pace ourselves

Just because change is needed or you see a market opportunity doesn’t mean success will happen on our time schedule.

You have a dream to start a business and you take the leap. It makes perfect sense because you see the need and you’re equiped to facilitate that need.

You’ve been endorsed by family, friends and your own personal sense of past accomplishments. When you start you have the energy you never knew you had which we’ll call the honeymoon period.

It doesn’t take long before negativity sets in. People aren’t buying into your vision or engaging in your services and you lose focus wandering if you really have anything to offer?

It’s at this point where the real opportunity can be revealed. It’s called a reality check.

1. Do people really want to change providers just because you need their business?

2. Do you have a competitive edge that can influence decision makers to change service providers?

3. Are you committed for the long haul?

Like any worthwhile relationship, we get what we put it. The most exciting part about starting a new business or enterprise is that it strips away all our preconceived ideas about ourselves. It allows us to scratch that itch that’s been bothering us for a while.

Most businesses won’t even see the real effect of their efforts within the first two years. For a first time pioneer, two years can feel like an eternity.

Can I encourage you not to lose heart and go back to your original vision and do the following.

1. Clarify to yourself was it a vision or a mirage. Did you really want to go all out and do something that you saw in your mind’s eye or did you want to avoid getting a job.

2. Is your service recognised and if not you may want to extend the two plan of return to a longer one. It takes time to evangelise and let the world know your unique and much needed product or service.

3. Do you have the resources to continue until your vision is realised?

4. If you no longer care and it’s not that important, there’s no shame in shutting shop immediately. You are never a failure for venturing out. You may become a huge failure when you don’t recognise that the horse is dead and you refuse to dismount.

On a positive note

There truly is nothing more exciting than the romance of a visionary. To pioneer a new idea that has been deposited in your heart makes perfect sense.

1. Write out your vision in as much detail as possible and leave it be to reference off when the going gets tough.

2. Take baby steps when first starting.

3. Talk to positive people that will encourage you and also advise you with a bit of tough love.

4. Make as many real connections as possible and engage.

5. Always reevaluate and adapt.

There is no greater reward than realising your vision should you press in.

On a final note

1. Do it for yourself.

2. Look after your well-being

3. Don’t forget those around you because reaching success alone is the most unsuccessful thing you can do

I’m stirred after Linda Reynolds Australian Senator talked on Ending Slavery

End World Slavery and the exploitation of Orphanages.

Senator Reynolds shared at a Swan Chamber Business of Commerce Breakfast and I must admit she got my attention.

I’ve attended more business events than I care to think about but every now and again one will just capture my attention.

Senator Reynolds shares a number of subjects. Then she bomb shelled my heart suggesting an audit of the top three thousand Australian companies to make sure they truly were corporately socially responsible. Senator Reynolds also went on about Orphanages being exploited and Australians giving spirit going towards those who live off vulnerable children.

Some subjects get my attention and it’s not roads and more freeways

The Senator’s comments would’ve been like water off a ducks back to the majority of the audience but they hit me like a hammer.

Imagine the ripple effect of holding people accountable not only fiscally but evidence of social impact as part of the audit.

Peoples lives been changed forever, communities transforming, the young and the vulnerable being safe.

I’d be the first to lift up my hand and investigate the grassroots impact of every dollar spent and the lives we can truly save.

I believe if our top three thousand Australian companies were truly socially responsible they will reap not only greater profits, they will influence others to follow suit.

I also believe if we stop building new Orphanages and rebuild communities to take care of their own we will see greater social impact.

Love is contagious – Profit alone destroys the soul.

Don’t stop Giving, it is a sign of health. Let’s just expect more from those that reap so much.

I’ve written to Senator Reynolds office after she suggested we talk further and look forward to being part of the solution.

Corporate Social Responsibility obviously goes way beyond our top three thousand companies that utilise labour and resources in developing countries, it must start in our own neighbourhood.

Blockbuster’s Death – SWOT is forever at our heels

WILL YOUR BUSINESS SURVIVE?

I walked through the second last Blockbuster store at Morley, Western Australia and watched the remains of a store getting picked apart to get a bargain. The store is set to close at the end of March 2019.

I’ve been renting movies from here for years and used the family cat’s name as the password. It was a sad moment of nostalgia and the passing of time.

Death is forever knocking on our door looking to take us into the business graveyard.

Blockbuster at its heights employed over 84,000 people with over 9,000 locations world wide. The Blockbuster model was brilliant but even they couldn’t anticipate the speed of technology and the convenience of the competition. With new emerging services like Netflix, Stan or YouTube and Smart devices, Blockbuster became a dinosaur.

No matter how brilliant our ideas are or the current success of our business is the threat of being consumed is ever present.

I love the SWOT model of self analysis and at the same time I don’t allow it to occupy my thoughts too much. SWOT is a great prodding tool to remind us if we’re not growing in life, we’re going. SWOT helps identify our Strengths, Weaknesses, Opportunities, Threats.

Being honest about the four following areas in our business/ life will help to equip us in order to adapt or we die.

HOW IS THE STATE OF THE FOLLOWING FOUR AREAS IN YOUR BUSINESS/ LIFE?

Qualify your Strengths?

Where are the Weaknesses?

Do you know where you can create new Opportunities?

Is your competitor or your complacency posing Threats?

Once we determine these, we must remain vigilant to maintain our cutting edge. We must also know when our time has come to change yet again.

Like a reptilian, shedding our skin of outdated methods allows us to keep moving forward. Blockbuster may have survived the digital storm by adapting to streaming. Respectfully we all have to die sometime, or do we?

We need to remember that principles are timeless and methods are forever changing and don’t mix the two.

What we can do today to stay alive?

Stay relevant by auditing your business/ life on a regular basis. This will hold you stay on track and be accountable as you ask the right questions and exercise transparency and action.

Women’s International Day – Millions who endured and shined in darkness

Women who birthed leaders need to be celebrated

Women’s International Day must be recognised because of the millions of women like my mother who endured unbelievable hardship in quietness. These types of women influenced future leaders to be individuals of integrity.

Who has been the greatest influence in your life?

My mother more than any other person taught me to live by a good conscience and to be a person of my word.

Mum would often work two jobs while raising her children. She managed money brilliantly and kept an impeccable home. In her aging years you would hear her say “I chased the sun just so I could be in the garden for one more hour in the evening”. Mum was the envy of many who had a much easier life because she stood tall in a world filled with hardship.

Mum’s first husband was missing in action during war and her one year old child was torn from her arms and fostered out. Like a slave along with thousands of other women, mum was sent to rebuild cities in Eastern Europe as a labourer.

After many years alone, mum met dad and it was love at first sight. We migrated to Australia, mum and dad with three children, a place she called her promised land.

The woman always had money squirreled somewhere – We always had a brilliant meal waiting and quality clothes – Love abounded and she let us find our way

My mother was a committee of one because she knew what she wanted. When her doctor visited us on her death bed he said with a smile “Sofia died on her own terms” she was ninety three years of age.

I’m so fortunate to have been raised by a lady who lived the wisdom that was depicted of a virtuous woman found in the book of proverbs. It describes a woman’s character that was led by wisdom. I was also fortunate to find my own woman of virtue, my beloved wife.

To all the women who celebrate Women’s International Day, I commend to shine and raise future leaders void of gender and filled with character.

The above picture was taken of mum’s third great grandson speaking to her in a couple of Greek words. He filled her heart with such joy in her nineties.

Great grandson marveled at her joy, don’t you just love innocence.

‘get M.A.D with us’ Belinda is MAD

A chance meeting with a real M.A.D (Making a difference) person

She’s soft natured, softly spoken but a lioness beneath her slight build.

I stumbled upon this pop up shop in the heart of Midland and the message is clear, it’s about social responsibility in our own back yard and effecting communities thousands of miles away.

Belinda tells me about the companies and products she supports are always being researched to verify a positive effect in society.

I asked Belinda, why she’s giving her time, energy and money into this project when she obviously is working through her own setbacks.

Belinda shares how she received a gift a couple of years back in the form of a transplant and feels that she’s honouring the person that she’s never met but gave the ultimate for her to be alive.

Belinda wakes up every morning with a sense of purpose.

I dig a little further and find out about her upbringing and what motivates her.

Belinda casually shares how her family have fostered 14 children and her heart goes out to children that don’t stand a chance as custodians of the state.

Belinda clearly reflects the spirit of a social entrepreneur taking her passion into the courts looking to change a broken system.

“After you give these children a safe home and nurtured them with love, it’s heartbreaking to give them back knowing the children won’t get the love they deserve”

People like Belinda, a local champion of everything that really matters isn’t alone in the struggle for a social conscience to thread us into a wholesome society.

Look up http://madhub.co/ and see if you resonate with Belinda and may want to assist by buying products that make a difference.

She’s about to launch an online business.

More power to her.