Escape the Hourly Rate Trap Many businesses and sole traders are caught in the hourly pricing trap, charging for their services according to an hourly rate. If this is your business, you probably don’t know you’re caught in a trap. Everyone you know is working…
Learn to dance on a moving carpet While listening to Jamil Qureshi at a recent conference, he pointed out how we must be open-minded and continually look for ways to improve our business, particularly to innovate and re-invent. The phrase he used was poetic and made me…
The adage “Revenue is vanity, profit is sanity, cash flow is reality” holds true, yet many businesses still prioritize revenue. Concentrating on profit margins offers numerous advantages, as it frequently leads to earning more while working less. But the question remains: how is this achieved?…
The Power of a Unified Vision I frequently talk to business owners who haven’t yet established a unified vision. When I ask, “If I were to ask each of your staff members individually, ‘Where will the company be in five years?’ would I get the…
Increasing productivity can be extremely hard, especially when you feel you are already working at a productive pace. When you are in a workplace environment it is key to make sure everyone is motivated to work productively. Allen F. Morgenstern once said “Work smarter not…
