A lot of business success comes down to decisions made by management, whether “management” is the owners, founders, or managers within the company. Maybe that’s not so surprising. But what you might find surprising is the number of decisions we make that are influenced by our unconscious thinking, and our unconscious biases. What do I […]
Psychic numbing and decision fatigue: Is there a link for business owners?
Business leaders who are growing their business are often faced with a (seemingly) never ending list of decisions. How do you keep in a positive frame of mind and not get overwhelmed? How do you know you are making the best decision each time? Research has shown there are two phenomenon that have a very […]
Another business collapse – how to avoid the same problem
This month Australian online store sensation ‘Shoes of Prey’ (a cult fashion start-up and darling of the media) went into liquidation. Here’s what you should learn from that. Why did it happen? Because the owners lost track of who their real customers were, and they took on funding without a clear plan of what to […]
Economy turning sour? Find the sweet spot for your business
You may have read recent reports predicting the slowing of the economy in Australia. But it’s not slowing for everyone. And business owners who are savvy enough to make a move can avoid being caught with a sour taste in their mouth by making smart decisions earlier rather than later. When economic times get difficult […]