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entrepreneur / 2 posts found

An image of an old car wheel with spokes

8K – Hub and Spoke

by mike tombs
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Today is the final day on the 8 Key Drivers of Business Value! If you’re a business owner working too many hours a day, too many days a week, then this driver will apply to you – Hub and Spoke. If you imagine a spoked wheel, every piece of the wheel is tied to the centre. As a business owner, you make up the hub of the business, with every individual piece being tied directly to you. Hub and Spoke is down to how dependant your business is on you personally. If your customers are coming to you for everything [...]

Ignore these pieces of bad advice

by mike tombs
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Advice, like many other things, comes in both the good and the bad. Some people dispense excellent advice, based on a sound understanding of the circumstances, while others simply fling phrases at random, with little or no regard for their helpfulness. We work with businesses of all sizes, from entrepreneurs to established family businesses, all of whom have received advice of both varieties. Entrepreneurs in particular seem to be in receipt of an astonishing amount of unsolicited advice. Here are a selection that we have come across: “You must have the smartest offices,” – you don’t need a smart postcode. [...]