Business Essentials Daily features interviews with business experts and industry leaders, providing up-to-date, insightful advice on wide-ranging topics, including winning sales strategies, HR issues, mental health and leadership. Hosted by Nicole Goodman, the goal is to encourage and inspire a new generation of Australian business owners to grow healthier, happier and more profitable businesses. Business Essentials Daily is a podcast three decades in the making, from SoundCartel, the producers of the world's longest-running business audio magazine, 'Business Essentials'. Business Essentials Daily is produced by the team at SoundCartel - executive producer Heather Dawson, producers by Nick Schildberger, Chris Ashmore and Nicole Goodman. Technical production by Pete Letts and Belinda Trimboli. Subscribe in your favourite podcast app and make Business Essentials Daily part of your daily routine. Business Essentials Daily www.bedaily.com.au SoundCartel www.soundcartel.com.au +61 3 9882 8333
It's not retirement...it's RENEWAL!
Ros Handley wants to change the conversation around retirement to renewal. Our mindset, and the way we think about this phase of our lives is really important. If we have potentially 20 years or more ahead of us, why wouldn’t we see it as an opportunity to start something new? And, it’s never too early, she says, to think about and plan for retirement.
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2/22/2024 • 10 minutes, 36 seconds
How to handle the sickie
This year’s Australia Day holiday fell on a Thursday. Some employees around the country saw that as an opportunity to take a sickie, and have an extra-long weekend. But, other’s were genuinely ill. As a boss, how do you know if someone’s being legitimate? Karen Gately, CEO of Corporate Dojo, says it’s important to have open and honest conversations, in person. Employers should have policies in place and everyone should understand their obligations under the law.
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2/21/2024 • 9 minutes, 53 seconds
The dividends of diversity
Is your workforce as diverse as the customers they serve? It’s an important question to ask. As a Diversity & Inclusion and Culture Transformation Consultant, Hamid Senni explains how diversifying your workforce can lead to new efficiencies and a better customer experience. Hamid emphasizes that diversity goes beyond race and gender, encompassing various characteristics such as age, abilities, and experiences. He highlights the benefits of a diverse workforce, from understanding customer needs to fostering innovation and adaptability.
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2/20/2024 • 12 minutes, 45 seconds
Go on, fail, I dare you!
Failure isn't something we should avoid at all costs – on the contrary, failure is a powerful force on the journey to success. Entrepreneur and key-note speaker, Gabe Zichermann, says if you don't feel the fear of failure, then you're not pushing yourself hard enough. In other words, fear often indicates you're on the right track.
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2/19/2024 • 11 minutes, 52 seconds
5 steps to making a sale
Understanding your clients’ needs and desires is a crucial step in the sales process. And it’s only through asking the right questions and having the ability to listen well, that you can source this information. That’s the first of five steps to increasing sales convertions.
Sales and business strategist, Maree Kirkpatrick says pricing and bundles should be tailored to meet specific client requirements. Asking for the sale shouldn’t be considered pushy or salesy. Objections should be seen as opportunities to provide additional information and to address concerns. And the final step, onboarding, is critical to creating a positive client experience and to encourage referrals.
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2/18/2024 • 8 minutes, 7 seconds
Biggest trends in sales: collaboration
Each year, leading sales advisor Sue Barrett reveals the top sales and business trends. For 2024 those trends embrace the concept of collaboration. To be effective, you needn’t choose between being a hunter or a gatherer, or a manager or leader. These binary choices are not helpful, Sue says. You can be both profitable and ethical, an effective leader and manager, and combine human capability with technology for better business.
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2/15/2024 • 11 minutes, 23 seconds
The man who put the "i" in iPhone
Apple worked hard to keep things simple - we see it every day in its products and its success. From the man who named the iMac and who was integral to Apple’s ‘Think Different’ marketing campaign, Creative Director Ken Segall spent 12 years working with Steve Jobs and experienced first-hand his obsession with keeping things simple. Ken wrote about it all in his book ‘Insanely Simple: The Obsession That Drives Apple’s Success’. He shares with us the many lessons he learned about one man's single-minded drive for simplicity, in a complex business world.
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2/14/2024 • 10 minutes, 3 seconds
Take action now!
No matter how tough times are – and we’re facing economic challenges right now – there is always opportunity. That’s according to Andrew Griffiths, entrepreneurial futurist, keynote speaker, and best-selling author. It’s up to us to adapt in the face of change, he says, and be proactive in chasing those opportunities. He provides seven practical steps you can take to guide your business to new heights in 2024. Importantly, you need to take action now!
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2/13/2024 • 9 minutes, 1 second
Got a good story? Tell it!
What’s worse than having people talk about you behind your back? In a business sense, it can be worse if nobody’s talking about you at all. So, if you want your brand spoken about, it’s best that you control what people say. You can do that by telling your own stories. These days more and more businesses are discovering the powerful benefits of brand storytelling. Gabrielle Dolan is a business storytelling expert who shares ideas from her book, ‘Magnetic Stories: connect with customers and engage employees with brand storytelling’.
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2/12/2024 • 11 minutes, 28 seconds
Consumer habits are changing
COVID-19 has impacted the way we buy – we’ve embraced online shopping not just for convenience but in the hope of finding the best deals. Now, with cost-of-living pressures, and the rise of subscriptions services, the infrastructure required to accommodate this switch in consumer buying habits has had to adapt.
Richard Thame is CEO of CouriersPlease, Australia’s leading franchised parcel delivery service. He says sales events – like Black Friday and Christmas sales – play a major role in how consumers plan their purchasing behaviour. To survive in the fast-changing retail landscape, Richard says businesses should focus on understanding their customer, providing value, and investing in technology.
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2/11/2024 • 9 minutes, 15 seconds
How Roy got to $1 billion in sales
As president, Roy Osing guided Canadian telco Telus Communications to $1 billion in sales. He identifies six major drivers that helped to achieve that growth, including differentiation, planning, and championing the frontline staff. He insists that there are no silver bullets – running a business is a game of inches.
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2/8/2024 • 10 minutes, 55 seconds
Your brand is an asset – use it well!
How does your brand stand out from your competitors? Do you use tired, cliched images on your website, or are you a bit more creative? Brand creator and consultant, Bec Hughes, says to succeed in brand design, you need to provide memorable experiences for your potential customers.
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2/7/2024 • 9 minutes, 3 seconds
Define yourself: the story of KX Pilates
Few could have guessed that an overweight young man with an eating disorder would go on to found one of Australia’s most popular fitness brands, but that’s Aaron Smith’s true story. In this episode, the founder of KX Pilates discusses his new book, “Define Yourself: When Passion, Purpose and Business Collide.” Aaron overcame immense personal and business setbacks to start a company that now includes more than a hundred studios in six countries. He explores the highs and lows that shaped both his personal and professional journey, in a memoir that serves not just as a business guide but as a testament to resilience, self-discovery, and the importance of humility in leadership.
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2/6/2024 • 8 minutes, 17 seconds
Making the tough calls
Being a coach and umpire at the highest level of elite AFL sport has taught Jeff “the Giesch” Gieschen a thing or two about leadership and the nurturing of star performers. Now he’s transferring those lessons to the business world. Leadership’s tough, he’ll tell us, but fairness, empathy and team spirit are paramount if you want to move from good to great.
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2/5/2024 • 12 minutes, 26 seconds
Understanding AI for business growth
When it comes to the cascade of AI tools entering the market, be wary of relying too heavily on them to communicate with your audience. Customer service legend Barry Urquhart insists there is nothing more frustrating than having to deal with AI bots, when all customers or clients want is to speak with a real human. While AI can enhance efficiency and productivity, he says, it should be used to complement human interaction rather than replace it. So, before investing in new AI technologies, businesses should assess and optimize their existing resources and capabilities.
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2/4/2024 • 10 minutes, 24 seconds
Making sales with LinkedIn
More than 60% of Australians over 18 years old have a LinkedIn profile. While the popular social media platform is ideal for sourcing and developing business leads, most people don’t use it effectively, according to Karen Tisdell. Karen helps people to craft their LinkedIn profiles and offers lessons on building connections through the platform. To generate leads Karen recommends proactively searching for potential clients, personalising connection invites, and building relationships through engagement. Investing 5 to 10 minutes a day, she insists, can yield major results.
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2/1/2024 • 9 minutes, 59 seconds
How to deal with government bodies
When dealing with government, business owners should be concise, polite, and persistent. That’s according to the Director of Unravelling Red Tape, Elaine Abery, whose spent her career battling the bureaucracy on behalf of businesses. She says owners shouldn’t be afraid of governments or the big businesses they’re having trouble with, and that change — even legislative change — is possible with the right approach.
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1/31/2024 • 11 minutes, 22 seconds
2024 HR trends
As we head into another year, have you wondered how other businesses are handling their HR function? Karen Gately, Founder and CEO of Corporate Dojo, reflects on the most important trends in HR and workplace culture right now. They include embracing technology – in particular AI – to enhance the employee experience from onboarding to performance management. Other trends include leadership, hybrid workplaces, DEI (diversity, equity and inclusion) issues, and supporting employee well-being and mental health.
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1/30/2024 • 8 minutes, 52 seconds
Building customer service habits
Like it or not, customers are always measuring the way they’re treated. The way they feel could be the difference between returning or not. That observation is from customer service guru and CEO of ServiceQ, Jaquie Scammell. To improve customer service, you need to change specific habits. In this episode, Jaquie outlines some tips from her book, ‘Service Habits: 21 habits to transform your service culture’.
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1/29/2024 • 10 minutes, 51 seconds
Luck or leadership? How we avoided recession
Monash University economist Professor Robert Brooks explains why it is that Australia, and the world, avoided a widely forecast recession in 2023. Professor Brooks highlights the unexpected resilience in economic growth, attributing it to factors like sustained demand for Australian commodities and the quicker-than-expected relief of supply chain issues. He also delves into the intricate balance of monetary policy, global influences, and domestic economic management. He suggests that while growth rates have tapered off, there's cautious optimism for 2024.
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1/28/2024 • 12 minutes, 21 seconds
Don’t trust your memory – write things down
So many different online tools are now available to plan your workday and record the important elements of your business. But whether you use them or old school pen and paper, it’s crucial to record your thoughts, or risk forgetting what you’ve done or the goals you’re trying to achieve. Productivity guru Les Watson explains why he’s a fan of record-keeping and setting time aside for review and reflection.
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1/25/2024 • 11 minutes, 22 seconds
Jumping bureaucratic hurdles
Business owners shouldn’t be afraid of taking on government departments if they have a valid complaint. So says Unravelling Red Tape Director Elaine Abery — an expert in dealing with the bureaucracy. Large businesses are constantly talking to governments, but SME proprietors can find it too intimidating. Elaine Abery says that once data is collated and thoughts written down on paper, there’s nothing to stop smaller business owners from talking to departmental managers, who, she says, actually want to help businesses that are doing the right thing.
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1/24/2024 • 9 minutes, 17 seconds
The power of 'yes'!
Customers don’t like it when they’re told “No, you can’t do that,” or “No, you can’t have that.” Many organisations insist on rules and regulatory systems to control and handle large numbers of customers. The problem is, observes entrepreneur Roy Osing, they ignore customers as individuals, which leaves them annoyed and upset. And you don’t want that! Instead, Roy encourages businesses to implement a strategy of “yes”.
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1/23/2024 • 11 minutes, 10 seconds
Why I don't do affiliate marketing
Affiliate marketing, or influence marketing, is promoting someone else’s product or service in return for an award. It’s more common these days as consumer’s eyes are glued on social media. But, lawyer Tracey Mylecharane says she will never agree to be an affiliate for someone else’s product or service. She’s happy to give recommendations if someone asks, but she sees the formal process of affiliate marketing as a conflict to her own business and values.
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1/22/2024 • 7 minutes, 47 seconds
The prince of pilates
KX Pilates is the Australian fitness chain that muscled in on the local market. The idea was first sparked while its founder, Aaron Smith, was travelling abroad. Following his gut instinct and with no formal business qualifications, he’s propelled his business into an industry juggernaut with 109 studios across six countries.
In this episode, Aaron shares the story of how innovative customised Reformer Pilates machines, exclusive to KX Pilates studios, have revolutionised the workout experience. He discusses early struggles to educate the market and the pivotal role word-of-mouth and creative marketing strategies, played in KX Pilates’ success.
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1/21/2024 • 16 minutes, 3 seconds
Changes to casual employment rules
The federal government is considering amending the definition of a ‘casual employee’. It’s not enough to offer and agree to casual employment for your staff if the manner in which the employee works doesn’t fit the definition. Janet Tan, a Senior Associate at Justitia Lawyers, says there could potentially be penalties if employees are misclassified.
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1/18/2024 • 6 minutes, 10 seconds
A healthy you, a healthy business
They say, you are what you eat, and with good reason. The Western diet with its highly processed foods, sugars and salts, can make you feel drowsy, lead to weight gain and even diabetes. Dietitian Kate Save discusses the impact of a poor diet, and she outlines a lifestyle which will make you healthier, happier and more energetic – all of which are key to running a successful business.
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1/17/2024 • 13 minutes, 45 seconds
Getting an economic GRIP
It’s an annual tradition, this time of year, for Business Essentials Daily to talk with Melbourne University Economics Professor Neville Norman, for his take on the economic year ahead, and how it will impact upon small businesses. Neville breaks down the economic landscape into four key themes — G for growth, R for rates of interest, I for inflation, and P for policy. He calls it his “Get a GRIP on the Economy”.
Reflecting on the past year and looking ahead to the most likely future, he examines the positives and warns of potential challenges, such as a fall in household spending power. He also predicts a slower growth rate, tightening belts, and potential interest-rate reductions if the economy falters.
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1/16/2024 • 10 minutes, 29 seconds
Executing with discipline
At a time when so much feels out of our control, there are some things we can be disciplined about, that will likely result in a successful outcome. With more than 30 years coaching and consulting experience, Mike Goldman’s goal is to help build individual and team discipline, much of it explained in his number one best-selling book ‘Breakthrough Leadership Team.’ In this interview Mike offers three practical ways to develop discipline.
Reference:
Find out how Mike Goldman can transform your team and leadership skills, via his website, purchase his best-selling book ‘Breakthrough Leadership Team’, and check out his FREE video course on how to conduct a talent assessment.
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1/15/2024 • 11 minutes, 2 seconds
Kicking off 2024 with focus
Andrew May has been a skills coach and mentor to some of the country’s top-performing sports teams and athletes for many years. How do elite athletes perform at their best, and are there any lessons from them for those in business? Andrew says it’s important to start the year by planning ahead, and that means ensuring you schedule in enough breaks so that your body and mind are not overwhelmed during the long 12 months.
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1/14/2024 • 9 minutes, 39 seconds
Summer Series: Join the good culture club
An increasing number of business owners are realising that a good workplace culture is important for business health and success. Problem is, they’re not sure what they can do to improve their company culture. To help is culture change specialist, Colin Ellis, who shares a whole range of ideas from his book, ‘Culture Hacks’.
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1/11/2024 • 11 minutes, 52 seconds
Summer Series: "How about a discount?"
After 30 years of experience, one of Australia’s best real estate agents knows exactly how to navigate the "fee reduction?" question. If you can explain why your service is better than your competitors, you shouldn’t have to compromise on price. James Tostevin’s passion for his job and disciplined work ethic helps explain why he is so good at what he does, which translates into phenomenal success. And the lessons he gives to Business Essentials can be applied to any business.
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1/10/2024 • 12 minutes, 3 seconds
Summer Series: Hot leads from cold calls
Preparation is so important to telephone sales – have a script, write down key objections, but most importantly "master your mindset".
That's the advice from Ashleigh Hoult, founder and director of The PromoDonna. These days a lot of businesses are reluctant to do cold-calling as a business strategy and have lost the art of speaking on the phone. That paves the way for others who understand the benefits of cold-calling, so long as they know the tricks to get to the decision-maker and make a compelling case for your business.
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1/9/2024 • 13 minutes, 19 seconds
Summer Series: Turning bosses into leaders
Show humility, be open and transparent, and be comfortable within your own skin. Those are some of the qualities of good leadership.
Tony Gattari, Founder and Managing Director of Achievers Group, says charisma isn't necessarily the way to achieve great leadership – instead it's making yourself vulnerable and open with your team, and having brutally honest and fearless conversations to build mutual respect.
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1/8/2024 • 8 minutes, 35 seconds
Summer Series: Making mistakes matter
A little doubt can be a good thing, but too much can stop growth and cripple your business. Coach and keynote speaker, Terry Barridge, says confidence comes from doing things you’re familiar with, but if you’re taken out of your comfort zone, do you lose all confidence? In a changing business environment, future leaders need to move out of their comfort zone more often and learn to handle their doubts. Terry has some tricks on how to battle the negative self-talk, build confidence and exorcise those doubt-driven demons.
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1/7/2024 • 8 minutes, 37 seconds
Summer Series: Power to the people!
The frontline of business is customer service. That's where we engage with customers and – hopefully – persuade people to buy. But, why do some frontline staff fail?
It comes down to a lack of empowerment, according to customer service expert, Michael Carrick. When people feel empowered, they're much better at helping others. When we take care of our own people, Michael insists, our people will take care of our business.
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1/4/2024 • 11 minutes, 33 seconds
Summer Series: Want to grow? Get prospecting!
Don’t give up - do it regularly and consistently and you'll reap the benefits. Just like an exercise regimen, prospecting for clients can be daunting - particularly the cold-calling side. But prospecting is more than just cold-calling, and if done properly it can bring real benefits to your business. Ingrid Maynard knows - she’s had more than 25 years' experience in sales and she advises businesses on lead generation through her company, The Sales Doctor. Ingrid explains what it takes to be a great prospector.
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1/3/2024 • 9 minutes, 7 seconds
Summer Series: How to tackle a changing world
A few years ago, Australian Rules football legend, Rodney Eade, changed his coaching boots for the corporate sector, offering businesses lessons in leadership, especially around the area of change.
Rodney's venture is called Facing Change – a timely initiative as the world of business transforms as never before. Like team sport, he's found building a strong culture in the workplace helps bring the best out of everyone and improves the bottom line.
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1/2/2024 • 10 minutes, 25 seconds
Summer Series: 7 conversations to have with staff
Mandy Holloway isn't a fan of your typical performance management appraisals which allow managers to hide behind a system. Instead, she says, managers should talk with their staff more often and in a meaningful way. Mandy outlines the seven types of conversations you should have with your team members on a regular basis to help motivate them and ultimately increase the business's performance.
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1/1/2024 • 8 minutes, 37 seconds
Summer Series: Does your new idea have legs?
Many "new" ideas already exist in some form or other — does yours bring something better to the market? Business Adviser and Author, Alan Hargreaves, has three rules to test a new idea for success: Is it needed? Does it work? Can it be done better? Alan insists if your idea provides more convenience for consumers, it might be a winner.
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12/31/2023 • 8 minutes, 29 seconds
Summer Series: The character test for success
It’s a fine line: having the perseverance and grit to constantly manage a business, without succumbing to burnout. Andrew May, CEO of StriveStronger, recognises the challenge businesses face and says looking after your physical and psychological wellbeing is paramount to a healthy business. He says you shouldn’t ignore the signs that your body and mind might be suffering.
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12/28/2023 • 8 minutes, 28 seconds
Summer Series: Breaking down barriers to productivity
To be a better, more productive team member, don't get distracted and don't disrupt others around you. That’s advice from Dermot Crowley, author of ‘Smart Teams: How to work better together.’ Two disruptive patterns we all create at work are emails and meetings. Dermot asks, do you really need to copy someone on a message who doesn’t need it? And, must you always drag someone into a meeting who doesn’t need to be there?
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12/27/2023 • 10 minutes, 41 seconds
Summer Series: Be brave - be expensive!
Are you sick of not charging enough for what you do – but you don’t dare increase your prices for fear of customers leaving you in droves? Then sit back and listen to some salient advice from Australia’s number one business author, Andrew Griffiths. Enough’s enough, he’ll tell you. Be brave and take a leap into “expensive” territory. It’ll transform your business – and your life!
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12/26/2023 • 13 minutes, 38 seconds
Summer Series: Keeping the tyre kickers at bay
If tyre kickers are tying up your time seeking quotes and proposals without coming through with the work – then it’s time to call them out. Preparing detailed proposals is a time-consuming part of any sales person’s job. There’s a substantial cost involved, says respected sales expert Sue Barrett, Director of Barrett Consulting Group, and you can’t afford to waste time if that client seldom or never comes back with the goods. Tyre kickers, Sue warns, may be after more than you think when seeking a proposal from you.
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12/25/2023 • 12 minutes, 8 seconds
Summer Series: 6 priorities for better team performance
If your team isn’t performing as best as it should, perhaps the reason is you. The ingredients to building a successful team comes down to the boss’s accountability, ownership and leading by example. That’s according to Karen Gately, CEO of Corporate Dojo, who offers a six-step solution for leaders to effectively influence the success of their team.
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12/24/2023 • 9 minutes, 57 seconds
Summer Series: Storytelling works!
What's your story? Every business has one, and it will help you better connect with potential customers by telling it. Sales expert Colin Pearce says storytelling works if you want to build brand value. Stories move people and they’re a wonderful way to create memorable experiences about your business which will build loyalty and keep your customers coming back.
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12/21/2023 • 9 minutes, 18 seconds
Summer Series: Success in half a second
Writing down your goals is one thing, but following through on them is quite another. Entrepreneur Matthew Michalewicz has developed several technology companies in the US and Australia, his last achieving revenue from start-up to $20m in just 7 years. A much sought-after speaker and now co-founder and managing director of Complexica, Matthew shares his secrets to success in business and life.
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12/20/2023 • 12 minutes, 7 seconds
Summer Series: Retirement made simple
Whether retirement is a long way off or just around the corner, it’s something you should always be planning for. But, retirement can be complex. You need to consider investment assets, tax implications, downsizing, superannuation and whether your money will last. Noel Whittaker, Australia’s most trusted finance writer, explains what you need to consider when investing in your future.
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12/19/2023 • 11 minutes, 31 seconds
Summer Series: Don't box me in!
The labels marketers use to describe consumers no longer serve the purpose they used to. That’s according to customer engagement expert, Michael Solomon, whose book, ‘The New Chameleons’, outlines how consumers defy the categories in which businesses often put them. The world today has made our lives more complex and so too the job of the marketer. Michael says the first step is recognising that demographic dichotomies are disappearing, and that technology has eliminated the need to deal with large, homogenous segments.
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12/18/2023 • 12 minutes, 15 seconds
Summer Series: Prepare to nail the sale
Sales isn't just about turning up and relying on your instinct or other skills. Each customer is different with his or her own wants and needs, and you need to prepare for each one.
Rachel Bourke of SalesSPACE says salespeople should go through checklists before even stepping into a sales meeting. Rachel's sales meeting preparation pack includes a personal checklist to ensure you look the part and are speaking the language of your prospects.
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12/17/2023 • 8 minutes, 26 seconds
Optimism starts with you
Extensive research indicates that people who are optimistic are better business leaders – they’re more resilient, they innovate better, strategise better, and they even live longer. So, how do we become more optimistic? Victor Perton is founder of The Centre for Optimism and teaches organisations across the world how develop their optimistic competencies. It comes down to shifting your attention, and the language you use with the people around you.
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12/14/2023 • 10 minutes, 13 seconds
Being "right" can be oh-so wrong
How can you expect to please your customers when you’re determined to keep correcting them? It's easy to fall into the trap of being right, says professional speaker on customer service Martin Grunstein, but that's not what the customer is looking for from you. Martin has examples of sales staff correcting their customers, and of companies enforcing rules that could be pushing people away.
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12/13/2023 • 9 minutes, 3 seconds
Elevate your life & your business
When Colleen Callander was CEO of Sportsgirl, she was burnt out: she’d been doing too much, saying yes to everything, and did nothing but work. These days she helps other women avoid burnout and achieve greater success in life and business. She’s Founder of Mentor Me, and has written a book with fellow business coach, Shannah Kennedy, titled ‘Elevate: unlock your extraordinary potential’. She discusses what business owners can do to redefine success.
Reference:
You can order a copy of Colleen Callender’s book ‘Elevate: unlock your extraordinary potential’ here.
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12/12/2023 • 8 minutes, 10 seconds
Business - it's a marathon!
Imagine setting yourself the challenge to run 250 km in the searing heat of outback Australia. What lessons would you learn about yourself and how could you apply them to your life and business? That’s what Kay Bretz set out to discover with his first ultramarathon – the Big Red Run in Birdsville – where he beat the race record by five hours. He’s since run multiple ultra-distances and was awarded the Australian Ultra Performance of the Year in 2019. The challenges he’s faced in his sport of choice has helped in many ways with his business success.
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12/11/2023 • 10 minutes, 1 second
Don’t be distracted by ‘yummy’
Business plans are traditionally too expensive, they take too much time, they’re too rigid, and they’re not properly implemented. Roy Osing, former president of TELUS, advises on a strategic game plan with a rule of three: focus on the three things that will produce 80% of your results. Beware though of being diverted by what he calls the “yummy incoming”, the distractions that will pull you away from your game plan.
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12/10/2023 • 10 minutes, 40 seconds
Mastering your marketing message
How do you stand out from competitors? After all, it’s the ultimate goal – to differentiate your business in a way that builds engagement and brand loyalty. Well, sales and marketing guru Tom Poland may just have the answer with his marketing message formula. He says your message needs three elements to succeed: it must be benefit-rich, contain specifics and be differentiated.
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12/7/2023 • 9 minutes, 14 seconds
Going for leadership gold
Research shows that more people are becoming disengaged with their work. Why is that? And as a boss, how do you motivate your own team to perform at their best? Performance and leadership coach, Dan Haesler, has worked closely with elite athletes and corporate leaders. His new book, ‘The Act of Leadership’ offers practical, techniques for leaders to get the most out of their people.
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12/6/2023 • 11 minutes, 46 seconds
Switching to omnichannel retailing
Retail is changing rapidly, with the more successful businesses heading, down an ‘omnichannel’ road. Retail expert and Hatch Brands CEO, Todd Foot, specialises in omnichannel marketing and discuses the evolution of combining online, and brick-and-mortar stores. He also highlights consumer advantages, like being able to browse online catalogues, check in-store stock availability, and access same-day delivery.
The pandemic has had a radical impact on buying behaviour and challenges faced by replenishment teams. He offers insights into the future of retail, and provides advice for small businesses on how best to bridge the gap between their digital platforms and physical stores.
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12/5/2023 • 9 minutes, 35 seconds
Forget beauty, bucks & brilliance
If you were asked to nominate the qualities of the people you most admire, what would be top of the list? Storyteller and star-maker, Colin Pearce was curious to find out, and the results of a subsequent survey of three thousand Australians and New Zealanders astounded him.
Reference:
The Character Works Series by Colin Pearce
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12/4/2023 • 9 minutes, 24 seconds
Xmas cheer and watchouts
It’s not called ‘the silly season’ for nothing. The end-of-year party is meant to be a time to celebrate and recognise a job well done. But a well-meaning reward could turn into a legal nightmare, warns Business Lawyer Tracey Mylecharane. When you add free-flowing booze into the mix, your business could well be facing repercussions the next day. Tracey provides examples of what could go wrong, if you’re not prepared.
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12/3/2023 • 8 minutes, 57 seconds
Cleaning up the competition
Simone Tsigolis saw a gap in the home-cleaning market: time-poor and exhausted families returning from overseas trips. That was just before Covid hit. She then pivoted her high-quality cleaning service, Jetlag Remedy, and has seen sales soar beyond $3 million. She puts it down to the quality and dedication of her 45 professional cleaning staff, whom she hires with a unique onboarding process. The sky’s the limit for Jetlag – she’s keen to expand into the major centres on Australia’s east coast.
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11/30/2023 • 9 minutes, 5 seconds
For good or bad - the UGRs driving your culture
UGRs or Unwritten Ground Rules, drive people’s attitudes and performance in the workplace - but they’re seldom talked about openly and you may have no idea what’s going on without your knowledge or understanding. Steve Simpson can help. He created the UGR concept and has been telling businesses for years that, good or bad, they’re fundamental to company culture and to success.
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11/29/2023 • 9 minutes, 56 seconds
I must, I must, I must increase my ASSETS
Our preoccupation with making ends meet, paying the bills, the wages, sorting out stock levels and generally keeping the lights on may lead us to overlook the fundamental reasons why people do business with us. It’s our ASSETS, says Author, Trainer, and all-round storyteller Colin Pearce, and he means it in a very personal way.
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11/28/2023 • 10 minutes, 30 seconds
Nurturing the next in line
Don’t have the time or inclination to help develop the people around you into leaders? Think again. As a business owner or manager, you've got an important role to play in helping those around you become leaders too. Your business will benefit! But there will be recalcitrant players among them. Anneli Blundell, co-author of 'Developing Direct Reports: Taking the guesswork out of leading leaders', identifies the 12 derailers to good leadership and how you can help get those tricky would-be leaders back on track.
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11/27/2023 • 7 minutes, 30 seconds
Digitisation is big business
The convenience of listening or reading almost anything from your hand-held device is convenient, simple and it’s big business. Steve Potash is CEO of OverDrive, the largest distributor of ebooks and audiobooks to libraries in the United States. OverDrive began in the mid-1980s by digitising reference books and documents for law firms. Today, as he expands overseas, including Australia, he discusses the success of OverDrive and the business opportunities in new media.
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11/26/2023 • 12 minutes, 15 seconds
Early bird vs night owl – which one are you?
Some people come to work full of beans ready to take on the world, while others can’t get going without beans – coffee, that is. Productivity expert Les Watson encourages bosses to take their employees’ chronotypes into consideration when it comes to their peak performance. Early birds work best in the morning, he says, while night owls are better later in the day. Les is a big believer in setting alarms, including one to remind him to go to bed.
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11/23/2023 • 8 minutes, 52 seconds
Are you a bad boss?
There’s nothing good about bad bosses. Often, they are the reason a workplace is toxic, they can lead team members to suffer stress and mental health problems, and they’re the cause of staff turnover. However, bad bosses are not necessarily bad people – and they can learn to be good or even great. That’s according to workplace expert, Michelle Gibbings, who shares lessons from her book, ‘Bad Boss: what to do if you are one, manage one or work for one’.
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11/22/2023 • 9 minutes, 57 seconds
The tricks and tools of ecommerce
The CEO of Hatch Brands, Todd Foot, is carving an impressive niche into the e-commerce landscape. With his focus on acquiring and investing in ‘Mum-and-Dad’ small businesses, particularly those in the homewares space, Todd discusses his strategies to help these businesses thrive in the digital age. He emphasizes the importance of e-commerce and highlights common pitfalls and missed opportunities in social media marketing.
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11/21/2023 • 10 minutes, 14 seconds
7 steps to becoming a human manager
What if business owners and managers treated their staff like … humans? Well as far as Mark LeBusque is concerned, not enough workplaces run with humans in mind, expecting a more robotic type response. Mark is a Harvard-trained consultant, author and Founder & Director of The Human Manager. And he has 7 steps to become human managers, with the goal of enabling staff to shine and businesses to grow.
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11/20/2023 • 10 minutes, 1 second
Shhh! Wanna know a business secret?
What do Kim Kardashian, Miley Cyrus, Serena Williams and Victoria Beckham have in common? Aside from being mega-rich celebrities, they are all fans of entrepreneur Olivia Carr’s brand Shhh Silk. Olivia didn’t have a huge marketing budget when she launched her online marketplace of silk pillow cases; instead, she harnessed the power of public relations. For instance, she flew to Los Angeles to personally gift the Kardashians a box of embroidered pillowcases. And it worked – the Kardashians used them and word spread around the world! Olivia shares the secrets of success from her book, ‘Self-Made: Build a BIG LIFE form a SMALL BUSINESS’.
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11/19/2023 • 10 minutes
The power of a ‘customer report card’
The majority of organisations are too myopic in their sales strategy, pushing monthly or quarterly goals. Sales teams need to understand and embrace the company’s long-term strategy for effective sales. That’s according to Roy Osing, former president of Canadian telco TELUS, who introduced a ‘customer report card’ to refocus sales teams on nurturing the customer rather than foisting pushy sales techniques. Sales people are guided by incentives, he says, so if you shift the incentive to the customer relationship and not the product, your business and your people will thrive.
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11/16/2023 • 10 minutes, 13 seconds
Kicking leadership goals
Everyone has a role to play in a winning team — and leadership is an important part of that. Having played 378 games for the Essendon Football Club, footy legend Simon Madden has proven his mettle on the field both as a player and as a leader. And now, as founder of Simon Madden Consulting, Simon advises organisations on how to build winning teams. He says if you can improve your people, you can improve your business.
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11/15/2023 • 9 minutes, 6 seconds
The sky's not always the limit
Colleen Callander is a self-confessed recovering workaholic. Indeed, her hard work, street smarts and passion for retail catapulted her to the heights of CEO at Sportsgirl and Sussan. But, on the way to the top, she had faced burnout by saying yes to everything and not giving herself a moment to stop and recharge. Today she understands the importance of setting boundaries to maintain physical and mental health.
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11/14/2023 • 9 minutes, 26 seconds
R-E-S-P-E-C-T (more than just a little bit)
In 2005, Rachael Robertson gave up the comforts of home to lead a team of fellow expeditioners to Antarctica. After managing a small group for 12 months, in the depths of a dark, ice-cold winter, the research highlighted acutely that respect drives the highest performing teams. She outlines her thoughts and findings in her new book, 'Respect Trumps Harmony: why being liked is overrated and constructive conflict gets results'.
Reference:
You can purchase a copy of Rachael Robertson’s book, 'Respect Trumps Harmony', at her website.
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11/13/2023 • 13 minutes, 17 seconds
Planet Cake's sweet taste of success
When Paris Cutler left the corporate world to pursue her own start-up dream, little did she know she’d be the undisputed champion of high-end cakes. Her internationally-acclaimed Planet Cake enterprise has created cakes for mega-star celebrities, and developed its own high-rating TV show. When the GFC hit, fewer people were splashing out on discretionary goods, sending her business into a nosedive. But her pivot into educating others how through her Planet Cake Schools turned the business around.
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11/12/2023 • 11 minutes, 27 seconds
Customer service magic!
If you’re looking for customer service inspiration, a large telco probably wouldn’t be your first port of call. But, there is one little-known teleco brand whose customers are raving: Macquarie Technology Group. New York Times best-selling author and customer experience expert, Dr Joseph A. Michelli, has built a career analysing the secrets behind world-leading brands. He’s published best-sellers on Starbucks, the Ritz-Carlton and Mercedes-Benz. His latest exposé examines how a focus on customer service helped Macquarie grow from a telecom challenger in the 1990s to a dynamic billion-dollar company today.
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11/9/2023 • 9 minutes, 12 seconds
Don’t let divorce destroy your business
Divorce can be stressful enough, but more so perhaps when running a business. Is there a way to separate without breaking up the business and without resorting to law courts?
Yes, there is, says family lawyer Jennifer Hetherington. It's called collaborative practice – a mediation process for couples to finalise the legal aspects of their separation without court. It’s about meeting the needs of the family as a whole, including young children and adult children, by minimising conflict. And it can save the business in the process.
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11/8/2023 • 10 minutes, 43 seconds
Time's money - invest it well!
Yes, we could all manage our time better. And the best way to do it? Kate Christie will tell us that we must stop thinking “management” and start thinking “investment”. Because time is a very precious commodity and we need to make sure we’re getting the best return on it. In fact, Kate, a time management expert and Founder and Director of Time Stylers will tell us that the investment approach will help us recoup 30 hours a month, every month. And what should we do with all that time? Spend on ourselves!
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11/7/2023 • 10 minutes, 16 seconds
A star is born
People do business with people they like and trust. That's why it's more important than ever to build your personal brand. Andrew Ford of personal brand building company, Social Star explains how to build your profile online to reflect your personality, credibility and to help you stand out.
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11/6/2023 • 11 minutes, 58 seconds
When staff ask for a pay rise
Inflation and cost-of-living pressures have contributed to a tightening of household budgets, which leads to employees scrutinising their pay packets. Some feel they should be getting paid more. If a staff member asks you for a pay rise, rather than dismissing them out of hand, it’s wise to give sincere consideration and be empathetic to their request. That’s according to Karen Gately, CEO of Corporate Dojo, who explains the importance of a remuneration plan.
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11/5/2023 • 12 minutes, 42 seconds
Caring for your people so they care for others
Great leaders are there to serve their staff and be of service to others. That’s according to customer service specialist Monique Richardson, author of ‘They Serve Like We Lead’. The more you care for your people, she says, the more they will care for your customers and provide a better experience.
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11/2/2023 • 9 minutes, 30 seconds
Show me the money!
No business is immune to cashflow issues. And now, many business owners are feeling the pinch more than ever. Cashflow specialist, Paul Roach draws upon decades of experience assisting SMEs to provide a practical guide to business growth and profitability. He offers simple changes and ways of working smarter, which are outlined in his book, 'Smarter Business Stronger Cashflow'.
Reference:
To purchase Paul Roach's book, 'Smarter Business Stronger Cashflow', head to:thecashflowcoach.global
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11/1/2023 • 7 minutes, 39 seconds
Ready, set, Sell!
If you're hiring new sales staff – or anyone for that matter – don't be lax with on-boarding them, insists sales expert Colin Pearce. A proper induction process is important to get the best out of your sales team, and it's one of the training programs that Colin provides through his Colin Pearce Academy.
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10/31/2023 • 10 minutes, 45 seconds
Stay optimistic - it's great for business
While the economy continues to take a pummelling and businesses struggle to forge ahead, is there any room for optimism? Former politician and barrister Victor Perton certainly believes so – in fact, he says it's undeniable that an optimistic attitude can lead to opportunity and, therefore, business growth. As Director of The Centre for Optimism, Victor shares his tips on how to be more optimistic. Don't miss this episode – his enthusiasm is contagious!
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10/30/2023 • 10 minutes, 45 seconds
Personal brand
How often do you think about the way you look, the clothes you wear, the way you sound, and even the way you walk, stand or sit? These are all elements of your personal brand, that can help you make a strong impression with your audience. Personal brand consultant Emma Duzhnikova shares some of her secrets when developing a personal brand and discusses why authenticity is more important than ever.
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10/29/2023 • 9 minutes, 15 seconds
Where can you cut the fat?
In good times the temptation can be to spend surplus cashflow, a habit that can hurt during an economic downturn. Brad Kasell, Principal Technology Strategist (APAC) at Domo, insists that you need to understand how to analyse your data, and do it regularly. Because, as we know only too well, things like world conflicts, pandemics and natural disasters, drive change all the time. So being on top of your numbers all the time, is imperative.
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10/26/2023 • 8 minutes, 4 seconds
Cameron Schwab - an AFL leader's lessons for business
One of the biggest differences between professional football and business is football's focus on talent and teaching. As an AFL CEO for close to 25 years, Cameron Schwab saw first-hand how elite sport focuses almost entirely on the players and how they work together. Now, as Founder and CEO of designCEO, Cameron reckons that a lot of business leaders don't go deep enough to improve the performance of their talent.
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10/25/2023 • 8 minutes, 30 seconds
The 3 traits you need to be a great leader
Your staff look to you for direction, encouragement and inspiration. And how you lead will directly affect the way they work. So, how do you become a better leader? Corporate psychologist and Director of the Barrington Centre, Rhonda Andrews, examines the three characteristics which shape true leadership: emotional intelligence, social intelligence and technical competence. No industry has a monopoly on true leadership – or terrible leadership. It depends on the individual and how she or he develops their own leadership skills.
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10/24/2023 • 7 minutes, 36 seconds
Simple strategies for business success
A coach of coaches, Remi Pearson has built an international training business by practicing what she preaches. In her book 'Simple Strategies for Business Success', she promises to reveal how to dominate markets and conquer competition by providing value to customers, rather than just seeing them as a source of cashflow.
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10/23/2023 • 10 minutes, 38 seconds
Have you made a wrong hire?
What happens when the person you’ve hired isn’t performing as you’d hoped? It’s important to have an onboarding process that continues well after the employee’s first day, says workplace expert Michelle Gibbings. Without it, their underperformance could be a result of not properly communicating your goals and expectations.
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10/22/2023 • 8 minutes, 54 seconds
Avoiding the interruption-dopamine high
You know what it’s like when your phone vibrates or a message pops up on your computer screen. Your attention is piqued. It’s like a dopamine hit – you want to stop what you’re doing and check out the message. But for the sake of your business, you can’t afford to allow interruptions take you away from the important stuff. Productivity expert Les Watson has some timely advice on getting back control of your time by ensuring you’re not being interrupted or interrupting others.
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10/19/2023 • 8 minutes, 8 seconds
Important tax changes to depreciation rules
Over the past few years, the depreciation rules for eligible businesses have changed significantly. As businesses look to prepare their tax returns, it’s important to consider the difference between the temporary full expensing measures available for 2022-23 and the proposed changes that are expected to come into effect from 1 July 2023. That’s according to Joel Orbita, Associate Director at Mazars, who says business owners should be aware of potential larger tax payable amounts or reduced refunds as a result of reduced depreciation deductions.
Reference:
For more information on tax planning opportunities or to determine your businesses eligibility to claim depreciation, please contact a Mazars advisor: https://www.mazars.com.au/
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10/18/2023 • 7 minutes, 58 seconds
How to build a seven figure business FAST!
Becoming an authority in your field of expertise and making a heap of money in the process – now that’s not so easy. Why not shortcut the process and learn the lessons of a master at the game? Tom Matzen has spent years perfecting the art of guaranteed scalable success and he loves sharing his lessons with other aspiring entrepreneurs.
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10/17/2023 • 12 minutes, 36 seconds
Creative ways to reward staff
Bosses are often so focused on putting out fires that they neglect to recognise the good work done by their staff. HR consultant Karen Gately, at Corporate Dojo, says employees are energised when their achievements are noticed and then rewarded. And, no, money's not always the biggest motivator in the workplace, as Karen offers some smart and creative ways to reward employees.
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10/16/2023 • 8 minutes, 9 seconds
Now's the time to ditch bad habits
Yes, it's true we can all learn from our own mistakes – but sometimes it's better to learn from others' mistakes. Alan Rodway has a list of common mistakes he sees in business and he takes us through the poor choices that abound in decision-making and planning. A common thread is using a traditional or default way of thinking by avoiding new ideas, not engaging with different people and ignoring new technology.
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10/15/2023 • 12 minutes, 34 seconds
New employment laws: Are you on top of your responsibilities?
There’s a myriad of rules around employment and It’s important that employers understand the obligations to their staff and keep up to date with changes to employment law. Lawyer Paul Cott, Principal at Law on Lydiard, discusses some of the new rules, including flexible working arrangements, domestic violence leave, paid parental leave, and issues around workplace sexual harassment.
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10/12/2023 • 11 minutes, 37 seconds
Wayne Schwass - The mental health warrior
Former AFL footballer Wayne Schwass has spent decades dealing with depression and anxiety, so he knows first-hand the debilitating effects it can have on one's personal and professional life.
Today, Wayne's a mental health advocate through his organisation, PukaUp, helping to spread the word and provide support about mental health issues in the workplace. He tells his own story and what can be done to alleviate the difficulties people can have with depression and anxiety.
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10/11/2023 • 13 minutes, 13 seconds
Achieving $2M and beyond
Did you know that just 7% of businesses achieve annual revenue of $2 million? There’s a lot of books written and advice given to businesses starting out, but few cater to established businesses looking to scale up. Strategy advisor Jenny Stilwell explores why businesses falter as they approach $2 million and beyond. She outlines the reasons and provides solutions in her new book, ‘The 7% Club: How to be one of the 7% of businesses that make it beyond two million dollars in turnover’.
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10/10/2023 • 10 minutes, 53 seconds
I'll tell you a story
Have your ever wondered how the best salespeople win over their clients? With decades of experience, Mike Adams says the common thread is storytelling. Mike insists stories help establish rapport and trust, inspire action and close the deal. He shares tips from his book, ‘Seven Stories Every Salesperson Must Tell’, based on extensive research and his own international sales career.
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10/9/2023 • 10 minutes, 47 seconds
Don't be overwhelmed with digital trends
Don’t be too distracted by the chatter around augmented reality and artificial intelligence. And if you’re not sure what they are exactly, don’t worry! Moby Siddique, CEO of RedPandas, says you should focus on developing content – whether that’s video, audio or blogs – for your website and social media channels. Moby discusses the latest trends in digital marketing, including podcasting and video content.
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10/8/2023 • 8 minutes, 39 seconds
Using data for business growth
How do you focus on making quality decisions that drive real impact? Too often data is misused, resulting in irrelevant, misleading, or incorrect analyses. Brad Kasell, Principal Technology Strategist (APAC), at Domo, says good decisions depend on data quality, analytical integrity, and most importantly business context. He insists that business growth comes, not from the decisions themselves, but on the subsequent actions taken from those decisions. He also says business leaders should focus on enabling quality decision-making to be incorporated into business processes and feedback mechanisms.
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10/5/2023 • 10 minutes, 10 seconds
Unleashing your greatest potential
'It's All Possible!' – the book title sums up Rob Hartnett's positive approach to personal development and business. From positive thinking to positive action, he says we can all achieve our dreams.
Rob outlines his four-step possibility system to help us all achieve our goals. He combines his own story of personal development and achievement, with the inspirational stories of other everyday people who have overcome challenges to reach remarkable success.
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10/4/2023 • 13 minutes, 3 seconds
The phone's ringing - goody goody!
One of the best sales opportunities that's too often ignored is customer enquiries from inbound phone calls. Colin Pearce explains how to win long-term loyal customers with his six-P's approach.
When the phone rings in your business, Colin insists, be prepared to answer promptly. And then, be positive from the outset, be precise when scheduling an appointment, be personal, and – most importantly – be polite.
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10/3/2023 • 9 minutes, 40 seconds
Beware sociopaths in your business
It might be that you meet someone that comes across as your new best friend, but the charming behaviour of a sociopath is merely a front for their own selfish intentions.
The best thing you can do, says Professor Gary Martin, is not hire them in the first place – but it's not always easy to spot someone with sociopathic tendencies. Professor Martin, CEO of the Australian Institute of Management in WA, takes us through six signs to determine if there’s a sociopath lurking in your business.
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10/2/2023 • 11 minutes, 6 seconds
How to change in a world of change
In a world of increasing uncertainty, it’s not enough to just keep one eye on change, you need to know how to adapt quickly and effectively to stay in the game. Adam Bennett, a former CEO and big-4 bank CIO, has written a book on how to turn your plans into reality: ‘Great Change: The Way To Get Big Strategy Done’. He says there are three key tasks leaders need to undertake in order to make change happen: scanning the horizon for disrupting events, planning a strategy, and executing the strategy.
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10/1/2023 • 10 minutes, 13 seconds
Refocus with a 100-day plan
A lot of businesses have a 12-month plan, but if you want to achieve quicker and more focused results, you’re better off combining that with a hundred-day rolling business strategy. That’s according to Michael Fingland, CEO of Vantage Performance, which helps turn around underperforming businesses. He says the 100-day strategy focuses the team on what they should be prioritising for the quarter, which can change from the 12-month roadmap depending on the market dynamics, leading to traction and momentum.
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9/28/2023 • 8 minutes, 55 seconds
Disruptive leadership - 4 steps to creating a winning team
By employing what she calls her “Critical Alignment Model” for both herself and her clients, Remi Pearson has built an expanding, international coaching institute. In one of her many books 'Disruptive Leadership: Four Simple Steps to Creating the Winning Team', she explains how to question the status quo, to build better businesses.
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9/27/2023 • 9 minutes, 37 seconds
When do you work best?
Are you a gazelle, a bear or a tiger? Gazelles bounce out of bed in the morning and can concentrate just as the day is beginning. Bears are the opposite: they work best when Gazelles are ready for bed. Tigers, like most of the population, perform best in the late morning and afternoon. Performance coach Andrew May encourages organisations to allow their members to work at a time that best reflects their own chronotypes.
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9/26/2023 • 9 minutes
7 deadly start-up sins
Start-up life is never easy, but entrepreneurs are born with an innate desire to create and build. There are however some well-worn pitfalls that entrepreneurs keep tripping up on. Tara Shelton is founder of a number of successful businesses, including 'Dream & Do', a creative agency that helps start-ups build their brand and communications. She says that she’s seen it all before — the good, the bad and the ugly — so, she’s identified 7 deadly sins that entrepreneurs keep making but need to avoid.
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9/25/2023 • 11 minutes, 57 seconds
Hiring likeable frontline staff
Customer service is not for the faint-hearted – it requires everyday attitude, mindset and commitment. So how do you find the right frontline staff and nurture them to be their best? Customer service expert Monique Richardson says it comes down to you and your leadership ability. Monique is author of ‘They Serve Like We Lead: How to take care of your people, so they take care of your customers’. She describes the ideal hiring and onboarding process, and also an off-boarding strategy for those who decide to move on from your business.
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9/24/2023 • 11 minutes, 34 seconds
How to hire in a tight labour market
Yours is not the only company looking to hire highly skilled and talented staff. How do you find and persuade them to not only join your business but stay? According to Jonathan Perumal of Safeguard Global, you might need to explore several different hiring options, and ensure you have an excellent onboarding process. If, for example, your business is set up for remote workers, there is a large overseas market you could tap into.
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9/21/2023 • 10 minutes, 46 seconds
Perfecting your pitch
Andrew Ford, Founder of Social Star, has turned the elevator pitch on its head with his own pitch structure which aims to be more conversational. The standard elevator pitch, he insists, is one-directional and lacks true engagement. With practice, your pitch shouldn't feel like selling; instead, it should feel like you're providing answers to someone's questions. The challenge Andrew sets out to solve is getting them to ask you questions.
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9/20/2023 • 8 minutes, 16 seconds
How to get buy-in to your ideas
If you want your team to be fully committed to your idea, first it's worth spending time with them to connect and develop a level of trust. That's according to Simon Dowling, business coach and author of ‘Work With Me: How to get people to buy into your ideas.’ You’ll achieve the best results, he insists, if you have a team who’s as enthusiastic and willing as you are about your idea.
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9/19/2023 • 10 minutes, 32 seconds
Building a resilient business
The swings and the roundabouts of running a business can be stressful at the best of times. But it doesn’t have to be that way, according to business consultant Roger Perry. He advises his clients to build business resilience by concentrating on two key aspects of their enterprise: what he calls organisational fortification, and organisational adaptability.
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9/18/2023 • 10 minutes, 42 seconds
How to deal with unmotivated staff
If you want to motivate your team, retain good talent and create an environment where everyone is performing, it’s important to take the time to get to know your team members individually. Michelle Gibbings is a workplace expert and author of award-winning ‘Bad Boss: What to do if you work for one, manage one or are one’. She says people thrive under different circumstances; for some it’s the flexibility of working from home, for others it’s career opportunities. One thing for certain is that respect is a powerful motivator for performance, she says.
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9/17/2023 • 7 minutes, 59 seconds
Digitial Marketing update
Consumers are bombarded with ads across social media, TV, radio, outdoor all day, every day. So, how can you market your business in a way that doesn’t add to the noise? Marketing guru Moby Siddique says content marketing can encourage authentic connections with your target audience, if done well. He says you must get out of your comfort zone and talk about industry problems, which others are likely also facing. Moby also provides his framework to build trust and authority in the market.
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9/14/2023 • 8 minutes, 36 seconds
Are They OK? How to support your team's mental health
The levels of stress, burnout and mental illness are increasing rapidly, societally, but also within the workplace. It’s more important than ever for business leaders to be able to talk with their staff about their mental health. Wellbeing leadership expert Fleur Heazlewood says despite providing psychologically safe and mentally healthy working environments, leaders lack the skills and training to support their staff’s wellbeing. She outlines how to recognise the signs of mental health challenges and how to approach a conversation around it.
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9/13/2023 • 11 minutes, 50 seconds
Is efficiency turning your customers away?
Automation and systemisation might work at the supply chain level or in fast-food production, but be careful about being too efficient with your communications, you don’t want to ruin the customer experience. That’s according to sales guru, Sue Barrett, CEO of Barrett Consulting Group. She outlines the three C’s of customer experience: clarity, consistency and communication.
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9/12/2023 • 11 minutes
Managing talented but tricky staff
Sometimes your most talented employees are also the hardest to manage. How do you keep them in line It’s a common dilemma for business owners. The standout performers in your business are often the hardest to manage. They make good money for you but in the process, they upset others and can be unwieldy in conforming to the best interests of the business. Aaron Goonrey, Partner at Lander & Rogers Lawyers, highlights three types of talented but tricky staff and what you can do to manage their quirky behaviour.
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9/11/2023 • 9 minutes, 19 seconds
David vs Goliath: Cleaning up the big players
More than 20 million wet wipes are used every day in Australia. The traditional ones produced by foreign multinationals contain microplastics that don’t break down and are toxic to the environment. In 2021, The Hygiene Co’s Phil Scardigno and Corey White decided to take on the big players by manufacturing a plastic-free, bio-degradable product. The Adelaide-based compostable wipes – called CleanLIFE – are around half carbon-intensive than imported wipes. Hospitals have embraced the environmentally friendly alternative, helping to catapult this new Aussie manufacturer.
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9/10/2023 • 11 minutes, 37 seconds
Start with the end in mind
Entrepreneur Kobi Simmat sold his accreditation consultancy for a cool $20 million dollars. It was a 16-year education, not only on how to run a business but what was needed to sell it for a whopping profit. If he knew then what he does now, he believes he could have sold it in half the time with half the effort. He says it’s important to start with the end in mind.
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9/7/2023 • 10 minutes, 55 seconds
Keep your integrity intact!
Sure, it’s easy to be a fine upstanding business citizen when everything’s going well. But what happens if times get tough – like now? Are you tempted, just a teeny bit, to compromise your integrity for the sake of a few dollars more, or just to get that deal over the line? Well don’t be, warns veteran business coach, Alan Rodway. That slippery slope will lead to nowhere good, fast.
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9/6/2023 • 11 minutes, 17 seconds
Beware handshake agreements
They can be annoying and time-consuming, but without written agreements you could be in a world of hurt, should things turn sour. Ryan Solomons is the Head of Legal at Vault Legal, and he’s seen how handshake agreements can result in bankruptcy. Ryan offers 5 reasons why documenting agreements should be standard practice for business owners.
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9/5/2023 • 7 minutes, 49 seconds
How to become time rich
If you forced yourself to do a six-hour workday, could you do it? Entrepreneur Steve Glaveski and his team gave it a go and discovered that in fact they could achieve all their goals in shorter days, which gave them more time to do the things they wanted. As a consequence, they lead happier and more fulfilling lives. Steve Glaveski has written about this in his book, 'Time Rich: do your best work, live your best life'. He shares very practical ways to get more time back in your day.
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9/4/2023 • 10 minutes, 26 seconds
Why cybersecurity should be a priority
If a company’s cybersecurity is compromised the consequences can be devastating. Regulators have stepped up their expectations and level of scrutiny, including the imposition of large-scale penalties for data breaches. Brad Kasell, Principal Technology Strategist APAC of Domo, explains what a business can do to ensure they’re as cybersecure as possible, and how to react if a breach does occur.
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9/3/2023 • 8 minutes, 23 seconds
Investment update
Doing business in an environment of higher inflation has dealt challenges for listed Australian companies, translating to tougher conditions for investors. Investment expert Elio D’Amato says some industries are doing better than others, and it’s certainly not all doom and gloom. He explains how China’s price deflation is affecting other world markets and currencies including our own. Elio also covers the current reporting season, crypto currencies, the tech industry, and he shares his view on which stocks to watch.
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8/31/2023 • 13 minutes, 22 seconds
Get comfortable with feedback
The making of a high-performance team doesn’t always come easy, especially when feedback is a key part of the process. Gavin Mahony of Leading Teams says providing feedback is crucial to building resilience and peak performance.
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8/30/2023 • 10 minutes, 39 seconds
Is it really urgent?
Are you overwhelmed by urgency? Do the distractions throughout the day feel as if you don't have the time to get the important things done? Productivity expert Dermot Crowley has pointed out the problems many of us have in taming urgency in his book, Urgent! In this episode, he outlines how we control urgency and improve productivity, all the while keeping our stress levels in check.
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8/29/2023 • 9 minutes, 59 seconds
The 5 core principles of sales
Without prior experience in the construction or travel industries, Tony Gattari, Managing Director at Achievers Group, managed to massively exceed the sales targets in his senior sales roles in recent years. No matter the industry, Tony applies five core principles when advising some of Australia’s leading companies and their sales teams.
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8/28/2023 • 9 minutes, 34 seconds
Planning for people & productivity
We all have the same 168 hours each week. But why do some effortlessly breeze through work and life, while others struggle to keep up? Performance Coach, Andrew May says planning can shift us from chaos to control, without stifling spontaneity. We can learn to sculpt our days for ultimate productivity, incorporating work, exercise, socialising, and vital sleep without too much effort. It helps, he says, by considering what your ideal day would look like and then writing it down.
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8/27/2023 • 10 minutes, 37 seconds
The importance of great HR
An HR manager with commercial nous is invaluable. Not only can an effective HR team help work through complex business challenges and sensitive issues, they can also assist with achieving longer term, strategic objectives. That’s according to Karen Gately, Founder and CEO of Corporate Dojo. She explains what professional capabilities and characteristics to look for when hiring a high-performing HR manager, and what they’re looking for from you and your business.
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8/24/2023 • 11 minutes, 26 seconds
Controlling your out-of-control inbox
If you don't have strategies to tackle the onslaught of incoming emails, you'll spend even more time trying to find the important ones and be distracted by the ones that are less so. Email expert Steuart Snooks, of Solutions 4 Success, has a tonne of tips to manage your emails and get more time back in your day.
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8/23/2023 • 6 minutes, 35 seconds
New FY tax changes
About 5 million Australians claimed work-from-home expenses last financial year. Now, the ATO is cracking down on the fixed-rate method – you’ll need to record the total number of hours worked from home. This is just one of the myriad of new rules the Tax Office has implemented this new financial year. Deepra Sen, Associate Director at Mazars, discusses this and other major tax changes that business owners need to be aware of.
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8/22/2023 • 11 minutes, 17 seconds
Don't let divorce destroy your business
Divorce can be stressful enough, but more so perhaps when running a business. Is there a way to separate, without breaking up the business and without resorting to law courts?
Yes, there is, says family lawyer Jennifer Hetherington. It's called collaborative practice – a mediation process for couples to finalise the legal aspects of their separation without court. It’s about meeting the needs of the family as a whole, including young children and adult children, by minimising conflict. And it can save the business in the process.
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8/21/2023 • 11 minutes, 3 seconds
How to build high performing teams
An honest open workplace is the first step to ensuring your team can work together at their optimum. Hidden issues fester, eventually leading to mistrust and a strained working environment. So how can you build trust and connection among your team, and what can you do if conflict occurs? Leadership team performance specialist Adrian Baillargeon shares insights from his book, ‘Teams That Swear: by each other, not about each other’.
Reference:
If you’d like a free digital copy of his book, ‘Teams That Swear’, go to teamsthatswear, choose the digital version of the book and type in the coupon code: “swearbybedaily”. Offer expires 25 August 2023.
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8/20/2023 • 11 minutes, 12 seconds
Be your own coach
Many successful business owners swear by the advantage of having a business coach. Unfortunately, it can be hard to find the right one, and even when you do, they’re not always available when you need them. An alternative is self-coaching. Karen Stein has developed self-coaching strategies, which she outlines from her book, ‘Be Your Own Leadership Coach: Self-coaching strategies to lead your way’.
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8/17/2023 • 10 minutes, 7 seconds
Taking team culture to the max
Being a leader is one thing, but leading your team to operate at its peak - building a high-performance team - is another thing all together. Jake Bridges is a Partner/ Facilitator at Leading Teams, an organisation best known for its success with high profile Australian sports teams, even though the majority of their clients are in the corporate sector. Jake explains what goes into building a high performing team and how critical the nexus between leadership and culture is, in doing so.
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8/16/2023 • 9 minutes, 37 seconds
Protecting your business from a downturn
While we may have neared the peak of RBA cash rate hikes, many business owners feel we’re in recessionary times. Many are struggling, and without help, they may face insolvency. Michael Fingland is CEO of Vantage Performance which helps turn around underperforming businesses and safe guard those that might be on the edge of the insolvency cliff. He offers six principles to ensure you’re in a better position to weather the economic storm in the coming months. They include developing a sound strategy, effective communication, and honing in on your unique selling point.
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8/15/2023 • 10 minutes, 26 seconds
Four ways growth capital can expand your business
Keeping up with technology is not just for enthusiasts or developers. Being aware of new technology in your industry, that streamlines process or enhances user experience is critically important, because, as James Smith, CEO of digital agency Smith Brothers Media says, if you’re up to date, your competitors will be, which could mean you’re already behind. James explains how to stay ahead of the game.
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8/14/2023 • 7 minutes, 3 seconds
Why volunteering is good for business
Australians are a caring and sharing lot. Some 25 percent of us volunteer on a formal basis. A lot of companies allow their staff to take time off for volunteering activities, including the state emergency services, rural fire brigades, environmental organisations, and so on. Financial advisor Helen Baker, says it’s attractive for employers to offer time away for staff to engage in pursuits they’re passionate about. A formal policy on volunteer leave can entice quality candidates and demonstrate your environmental, social, and governance (ESG) credentials.
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8/13/2023 • 7 minutes, 31 seconds
Converting website visitors into leads
An effective website is not a set-and-forget online brochure. Its purpose should be to convert visitors into leads, through good design, conversion mechanisms and clear content. Amy Miocevich, founder of Lumos Marketing, guides us through her 7 essentials of a high-performing website, including the six-second impression: if a visitor doesn’t understand what you sell within six seconds, then it’s never going to happen.
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8/10/2023 • 9 minutes, 52 seconds
Time for a new name?
Business names can sometimes have a use-by date. If you’re thinking about a name change, there are important things to consider.
Luke Faccini, Founder and Brand Strategist of The Sponge branding agency, says sometimes a name change is unavoidable when you move into new markets, for example, and your current name won’t work. Luke takes us through some of the biggest mistakes businesses make when changing their names. If you’re going to embark on the process, he says, it’s a big step and you may as well get it right.
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8/9/2023 • 11 minutes, 44 seconds
Lessons on growth and success
Don’t let bumps in the road get in the way of success. That's the message from former Hoyts Cinemas CEO, Peter Ivany, who faced many bumps in his journey to take Hoyts from a 40-theatre chain to more than 2000 theatres a decade later.
He spends much of his time these days giving back to the community with several chairmanships of not-for-profits in sport, the arts and charities. Peter was even recognised in the 2021 Queen’s Birthday Honours with an Officer of the Order of Australia (AO) for distinguished service to the community.
Peter's achieved great success in his life, but what does that really mean? He shares his thoughts about success, in business and life, with one very clear insight - it's not all about money.
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8/8/2023 • 10 minutes, 46 seconds
The sales tool of self-persuasion
The old rules of selling won’t cut it any more as consumers become more savvy and far more cynical. CEO and sales guru, Harry Mills, of The Aha! Advantage offers a technique which aims to have consumers persuade themselves to buy.
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8/7/2023 • 11 minutes, 12 seconds
Navigating your team through change
We’re facing a world of relentless change and uncertainty right now, from industry transitions, post-pandemic impacts, technology advances, skills shortages, cost-of-living issues, and so on. So, as a leader, how do you guide your team through the challenges of change? Leah Mether says much of it comes down to communicating clearly and consistently to everyone. It’s all outlined in her book, ‘Steer Through the Storm: How to Communicate and Lead Courageously Through Change’. In this episode, Leah explains her 5 Cs of effective leadership and why one-on-one conversations are crucial.
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8/6/2023 • 11 minutes, 43 seconds
How to handle the perpetual workplace "victim"
When someone’s emotional or psychological needs are unmet, they may adopt a victim mentality as a way of drawing attention to themselves. This behaviour is an insidious workplace issue. Its impact can be just as destructive as that of bullies and narcissists, and can ruin company culture. Roxanne Calder, Managing Director of recruitment firm EST10, explains what behaviours to look out for and how to deal with the perpetual victim.
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8/3/2023 • 7 minutes, 21 seconds
Exiting the business – at the right price!
If you haven’t started planning yet, now’s the time. That’s according to Kerry Boulton, Founder & CEO of The Exit Strategy Group, and author of ‘Million Dollar Pay Day – How To Get Rich And Get Out…Creating The Perfect Exit Strategy and Life After Business’. Kerry has walked the walk when it comes to selling a business – she built up and sold Freight Management International 20 years ago – and she has valuable lessons from that experience.
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8/2/2023 • 10 minutes, 22 seconds
Goodbye stress and burnout
Workload is the number one cause of workplace stress, beating job security, life balance and people issues, according to a survey by The American Institute of Stress.
Online technology hasn't made our workload much easier. In fact, email, phone calls, text messages and impromptu meetings all add up to more work and more stress. So, what can be done? Leadership performance coach, Muffy Churches has five ‘brain games’ to regain a sense of control over the daily influx of work.
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8/1/2023 • 8 minutes, 23 seconds
Selling from the coalface
Before making a big impact as a sales consultant, Tony Gattari was a leading sales manager at Harvey Norman. And for decades since, Tony’s shared his sales wisdom with some of Australia’s leading brands and sales teams. He explains how sales works in the modern world of business.
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7/31/2023 • 7 minutes, 45 seconds
The 4 Cs of winning presentations
Too many client presentations are self-serving with badly organised and complex content. Moreover, great ideas are often lost in a sea of slides that don’t connect with the audience. That’s according to David Fish, a globally recognised strategist and business leader, who’s worked with some of the world’s largest advertisers. He’s also author of ‘What it takes to create winning presentations’, in which he details his four keys: be clear, concise, compelling and simple.
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7/30/2023 • 10 minutes, 25 seconds
How numbers influence behaviour
Numbers have a magnetic effect on people and can anchor their behaviour. Behavioural specialist, Bri Williams discusses a golf study which found that professional golfers tended to take fewer strokes when the same hole was labelled as a par four compared to when it was labelled as a par five. The implications of this research extend beyond golf and into daily business life. It highlights how expectations are framed can significantly influence behaviour. Objective reality may be less important than the subjective perception of difficulty.
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7/27/2023 • 8 minutes, 31 seconds
Switch off and take control
How does a busy business person slow down and take back control in a world of constant noise and interruption? Occupational therapist, Angela Lockwood, addresses those issues in her new book “Switch Off: How to find calm in a noisy world”. She has espoused everyday activities to cut out the clutter and bring focus back into our lives, including breathing exercises, outdoor play, healthy eating, laughing and meditation.
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7/26/2023 • 8 minutes, 25 seconds
What's common about success?
Give your team the tools to do their job and watch your business shine. That’s one of the messages from Diederik Gelderman, a successful veterinarian, who now advises others – not just vets – on how to grow successful businesses via his consulting firm, Turbo Charge Your Practice. He says being nice to people is important for not only business success but in its own right.
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7/25/2023 • 10 minutes, 21 seconds
Grow your business AND stay sane
As business owners, we often get stuck in the day-to-day activities, and neglect working on the business. Systemising business processes will allow us to break free. That's according to Joel Gerschman, Managing Director of The Change Coach, who’s written a book on escaping the shackles of your business to achieve wealth, freedom and fulfilment. ‘The Mindful Entrepreneur’ is all about how to make your business run without you, and he provides examples of entrepreneurs who have done that.
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7/24/2023 • 12 minutes, 21 seconds
Is it okay to swear at work?
Swearing is becoming more commonplace in the media, in social circles and at work. It’s not necessarily a bad thing – in fact, Adrian Baillargeon reckons it can be good for you and your team. Adrian is a leadership team performance specialist and author of ‘Teams That Swear: By each other, not about each other’. Swearing can be cathartic and it can build connection within the team. But Adrian errs on the side of caution: if you get it wrong, the consequences can be devastating.
Reference:
For a free digital copy of ‘Teams That Swear’, go to this link, choose the digital version of the book and use coupon code: “swearbybedaily”. Offer expires 25 August 2023.
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7/23/2023 • 9 minutes, 48 seconds
Breaking through tthe entrepreneurial ceiling
If you find that you’re spending more time working on your business but getting little reward for it, you may have hit an ‘entrepreneurial ceiling’. Now’s the time to look at your systems, redesign your strategy and shift your mindset. Chris Green is a mentor, strategist and author of ‘Business by Design: Take your business from chaos and overwhelm to scalable and rewarding’. He says, if you’re the boss, you get to set the rules and design the business that suits you. Focusing on processes not outcomes will help you bust through the entrepreneurial ceiling.
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7/20/2023 • 9 minutes, 15 seconds
How persuasive are you
How persuasive are you really? Do you struggle to win more business? Do you want to get better at convincing others of your ideas? Well, if you cultivated some persuasion techniques into habits, you’ll feel more confident to win over the other party. Presentation guru Michelle Bowden spells this out in her latest book, ‘How to Persuade: The skills you need to get what you want’.
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7/19/2023 • 11 minutes, 11 seconds
The irrationality of rate rises
With interest rates and inflation dominating the headlines, our regular economics commentator, University of Melbourne, Professor Neville Norman, is asking us to challenge how the two are connected — or not. He says the Reserve Bank appears to be living in a “fairytale” world, where big, external price makers do not exist. Nevertheless, Neville says inflation is likely to have peaked, and he outlines six positive things that will improve the economic situation for small businesses in coming months.
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7/18/2023 • 7 minutes, 15 seconds
Harnessing the power of word of mouth
Consumers trust word of mouth 2.4 times more than branded content. With this in mind, James Smith, CEO of digital agency, Smith Brothers Media, believes that making people feel like they’re part of the experience, and having users generate their own content for your brand can be a match made in heaven.
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7/17/2023 • 8 minutes, 7 seconds
Getting the best out of social media
Have you set up your company social media accounts, but struggle to maintain them? It takes patience, time, money and above all consistency to keep your messaging top of mind. Financial expert Helen Baker says it’s important to be able to measure the return on social media marketing investment.
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7/16/2023 • 9 minutes, 23 seconds
Prospecting: the key to strong sales
One of the issues facing struggling sales teams is a lack of consistency. If they have a sound strategy and process in place, then the results can flow from that. Sales expert Sue Barrett says online consumers are inundated with advertising, which makes it tough for any marketing to cut through all the noise. Businesses need to adopt the old-fashioned sales technique of prospecting – that ability to pick up the phone and talk to someone.
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7/13/2023 • 10 minutes, 37 seconds
The 3 Rs of leadership
What steps are needed to be a great leader and can anyone become one? Ricky Nowak, a leadership speaker and facilitator, has spent much of her career pondering those questions and has some practical solutions. She details her thoughts in her book, ‘How to make good people great leaders …and reap the reward!’. She outlines what she calls the three Rs of leadership, including great relationships, resilience and respect.
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7/12/2023 • 6 minutes, 57 seconds
Customer communications tips
It’s a new world of communication for small business, with customers able to make contact on multiple platforms, often in very demanding terms. But according to Elise Balsillie, Head of Thryv small business software, Australia, those businesses who don’t respond in a timely manner are being left behind. She says it’s critical to build channels that ensure frictionless communication and, to embrace change that sustains your business into the future.
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7/11/2023 • 9 minutes, 8 seconds
Don't suffer from shorterm-ism
Consumers are spoilt for choice. Confronted with so many shopping options every day, people perform shortcuts when making purchasing decisions. But building brand value is more important than short-term sales results. Troy McKinna, Co-Founder of Agents of Spring, identifies four keys to building brand value: find your consumers' most valuable problem; design a clear solution that delivers results; sell experiences that drive profits; and embed memories that last a lifetime.
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7/10/2023 • 11 minutes, 4 seconds
Turning strangers into visitors
With so many marketing channels to choose from, how do you know which is the right one for you and your business? How do you turn strangers into paying customers? Well, rather than a scatter-gun approach, the best strategy is to choose one marketing channel for 90-days with 100% commitment. Amy Miocevich, Founder of Lumos Marketing says, if it doesn’t work, then move on to something else. If it does work, terrific! Keep that channel spinning while you focus on the next channel. Marketing doesn’t have to be expensive, she insists, you can do it in-house on a shoestring budget.
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7/9/2023 • 11 minutes, 10 seconds
Ways to prevent your business from failure
We’ve all heard about high-profile construction companies becoming insolvent. But the scary thing is that the number of businesses across all sectors going bust has skyrocketed this year. That’s according to Jacqui Clarke, who urges you to start planning now to ensure you don’t end up on the scrap heap. Jacqui is author of ‘Stop worrying about money – start planning now to secure your financial future’. She offers a variety of practical steps to prevent business failure.
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7/6/2023 • 8 minutes, 24 seconds
3 ways to attract social media engagement
The way social media works has changed dramatically over the past few years, with most businesses needing to adapt the way they promote themselves. George Hawwa is Growth Director for social media marketing agency, Attention Experts, he outlines three methods for encouraging social media engagement, explains how businesses should see themselves as content creators, and explains the value of retarget to visitors for future promotions.
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7/5/2023 • 13 minutes, 9 seconds
A ruthless focus on team management
Managing a team is not set and forget. Tony Gattari, Achievers Group, Founder and Managing Director, likens it to sport – your players have a KPI scoreboard which keeps them on track every single day.
Tony says if you want to improve the performance of your team members, you must set regular targets and keep revisiting them. Tony's a stickler for performance review meetings. They’ll keep your staff on track and they’ll also reveal their true capabilities. If they not up to scratch, Tony says, you’ll need to move them or remove them.
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7/4/2023 • 9 minutes, 35 seconds
Tied down by expectations? Let 'em go!
Living up to the expectations of others can be a heavy weight. From childhood to our working lives and beyond, we’re largely driven by what’s expected of us. But what if those expectations tie us down and prevent us from reaching our dreams? As a keynote speaker, author and mentor John Di Natale, knows first-hand about managing expectations of others and going his own instead.
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7/3/2023 • 7 minutes, 46 seconds
Keys to a great sales team
Sales teams tend to focus a lot on efficiency, for example, how to make cold calls, how to overcome objections, and how to spot a good lead. But by focusing solely on efficiency, they’ve forgotten about the importance of effectiveness. Entrepreneur, Roy Osing says that rather than being comfortable with sub par performance, sales needs to be transformed into a strategic asset, demonstrating outstanding behaviour that gets customers raving.
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7/2/2023 • 10 minutes, 34 seconds
Our decisions are not rational
When it comes to influencing people to change their behaviour, we tend to use logic. That doesn’t work, says behavioural specialist Bri Williams. Humans are emotional creatures: we’re lazy, scared and confused, she insists. By lazy, she means we’re creatures of habit and therefore behaving in a new way takes effort. We’re scared because we don’t want to try something different in case it fails. And we’re confused, because we don’t know where to start. Believing that we’re rational is the biggest of the many behavioural myths that Bri outlines in this episode.
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6/29/2023 • 10 minutes, 43 seconds
Bring purpose to your meetings
How often do we hear that there’s never enough time in the day? Often, right? Well, perhaps if those meetings were purpose-driven, you and the team could get more of the important work done. Leadership and productivity expert Scott Stein says it might help to adopt one of four meeting types – that way, the attendees’ time isn’t wasted and you can achieve greater outcomes.
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6/28/2023 • 8 minutes, 14 seconds
Is your business customer centric?
New businesses that survey potential customers, and established businesses that make a customer blueprint, are setting themselves up to become a customer-centric success. That’s according to Ruchi Gupta, Founder and CEO of The Launchpad Co. She says that too many small businesses fail to do their due diligence and can rapidly improve their prospects by increasing the value of their customer experience.
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6/27/2023 • 8 minutes, 17 seconds
Retaining you staff during change
Change is inevitable but managing it badly can lead to an exodus of great staff. So, change specialist Esther De La Cruz has some advice, be as transparent and communicative as possible. Esther says responses to change are largely biological, so keeping this in mind when formulating a change strategy is a recipe for success.
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6/26/2023 • 10 minutes, 21 seconds
Should wages rise with inflation?
With inflation the highest it’s been for decades and mortgages, grocery prices, and energy bills all heading north, employees might come to you demanding a salary increase. So, how do you handle the question? HR expert and CEO of Corporate Dojo, Karen Gately, explains how to communicate with your team honestly and effectively. At the end of the day, she says, as a business owner you have commercial realities you need to face, and there’s a lot to consider when making decisions around salaries.
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6/25/2023 • 8 minutes, 39 seconds
Have your infringed on a trademark?
Lawyer Tracey Mylecharane has had plenty of distressed business owners come to her with cease-and-desist letters, following a new product or service launch that’s infringed on existing registered trademarks. Tracey insists, that before launching a new offer, ensure that the words aren’t already registered by a competitor. She explains how to do your due diligence and the consequences if you do infringe on a registered trademark.
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6/22/2023 • 10 minutes, 35 seconds
Intrigue Marketing – keep them wanting more
With just seconds to grab people’s attention and make an impact, intrigue marketing is one way business owners can cut through the daily advertising clutter. James Smith, CEO of digital agency, Smith Brothers Media, says any business can do this, just think creatively, be brave and give something new a go!
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6/21/2023 • 7 minutes, 39 seconds
The Gen Z paradox
Gen Z exudes confidence while looking into darkness. That’s according to the latest Employee Sentiment Index conducted by ELMO Software. Their study of more than 1,000 Australian employees, reveals that 47% of Gen Z employees are remarkably optimistic, even as businesses contract and labour forces reduce. So, the assuredness of Generation Z could be misplaced, while older cohorts are proceeding with more caution.
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6/20/2023 • 6 minutes, 34 seconds
Four ways growth capital can expand your business
There are four ways small businesses can benefit from a hit of growth capital. Anthony Healy, CEO and MD of the Australian Business Growth Fund, says swapping a minority share of your business for a large injection of capital can help SMEs accelerate their growth, open new business opportunities, free up resources and provide additional expertise and access to new networks.
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6/19/2023 • 8 minutes, 41 seconds
The big task of payroll tax returns
Payroll tax returns for the 2023 Financial Year are due in July. It’s a big task, especially for businesses with staff around the country, because each state and territory has different requirements. Steve Baxter, National Indirect Tax Partner at Mazars, explains how payroll tax works, when it’s due for each state, and the care employers must heed when they prepare their payroll tax calculations.
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6/18/2023 • 12 minutes, 52 seconds
Embrace value-based selling
Clients will more likely buy from you if they feel heard and understood. Sue Barrett, CEO of Barrett Consulting Group, says it’s incumbent on leaders to ensure their sales teams learn to develop long-term relationships with clients. As the world becomes more complex and products become commoditised, buyers are not just looking for solutions, she says, but looking beyond that. And so, it’s worth embracing value-based selling, which could involve any number of things including, risk-mitigation, return on investment, security of supply chains, or new market opportunities. Modern sales teams to succeed need to think beyond short-term transactions and strive develop lasting, meaningful, collaborative solutions to their clients.
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6/15/2023 • 9 minutes, 32 seconds
The art of SEO
Search Engine Optimization — or SEO — is crucial for any business with an online presence, but many business owners find it daunting. The Studio Hawke company specializes in improving SEO for its clients, and its General Manger, Lawrence Hitches, says there are plenty of things a business can do to rank higher on Goolge Search Results. He advises businesses to look at the structure and efficiency of their websites, and that, with a bit of work, it’s possible to master what he calls the “art” of SEO.
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6/14/2023 • 8 minutes, 1 second
When your stars align...
Do you know what you really stand for? Perhaps you’re too busy running your business to ask such deep-seated personal questions. But delve deep you must! says John Di Natale, mentor, keynote speaker and author, because these days it’s more important than ever to consider what you represent. It’s all part of personal branding, he says, it’s important for business, and by the way, it’s not just about you anymore anyway – now the whole team needs to get involved.
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6/13/2023 • 8 minutes, 59 seconds
The power of video testimonials
The vast majority of people read reviews before they purchase anything, particularly big-ticket items. And video testimonials or reviews, in particular, are much more influential on the final purchase. Ainslie Williams, CEO of Reel.Reviews, says it’s the visual cues, body language, tone and emotion that come through in video that provide a far more authentic and compelling argument, than from a written review.
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6/12/2023 • 10 minutes, 2 seconds
Fishing for generational success
A. Raptis & Sons is your quintessential migrant-family business success story. In the 1950s, Arthur and Anna Raptis migrated from a Greek fishing village to South Australia, where they opened a fish and chip shop, with a wholesale fish area at the back. Three generations later, Arty Raptis, Arthur Senior’s grandson, is CEO of a multi-million-dollar enterprise with a fleet of boats fishing for seafood from the Torres Strait to the Great Australian Bight. It’s one of the country’s largest privately-owned fishing companies. Arty explains the pillars of the business’s success: a focus on premium quality seafood, embracing technology, environmentally responsible fishing practices, and staying true to its family roots.
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6/11/2023 • 13 minutes, 28 seconds
Finding your marketing bottlenecks
Has growing your customer base stalled? Are you struggling to attract people to your website? Or maybe you have a tonne of online visitors but they’re just not buying. Whatever the case, it’s time to check for bottlenecks. Amy Miocevich, marketing guru and Founder of Lumos Marketing, has developed a framework, outlined in her book, ‘The Very Good Marketing Guide: How to Grow Your Business on a Budget’. She explains the guide and the importance of the 5 Cs that underpin a great marketing strategy.
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6/8/2023 • 9 minutes, 21 seconds
The 7 management archetypes
A manager needs to embody a group of distinct archetypes if they are to reach their full potential, according to recruitment expert and Director of Talent X, Marnie Jones. From the pusher to the mentor, the trainer to the policeman, Marnie Jones explains her seven management archetypes and why embracing them all can lead to a better workplace, retention of staff, and higher profits.
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6/7/2023 • 8 minutes, 27 seconds
5 hacks to getting your emails opened
How often have you sent an email unsure whether the person you sent it to would read it? Most of us blithely type an email and click ‘send’ hoping for a good result. Problem is, with so many emails in their overflowing inbox, yours might not ever be opened, let alone acted upon. Productivity and leadership expert Scott Stein, has five mini hacks to help guide the recipient to open and read your email. It’s detailed in his latest book, ‘Leadership Hacks: Clever Shortcuts to Boost Your Impact and Results’.
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6/6/2023 • 6 minutes, 29 seconds
Building your brand value on social media
Building brand value rather than just brand awareness, and understanding algorithm requirements, is the secret to success on social media, says George Hawwa, Growth Director of social media agency, Attention Experts. George says the social media landscape has changed dramatically in the last couple of years, and that “likes” and “shares” are no longer a metric of success. To help foster business, he advocates telling your business back story, in engaging and compelling ways.
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6/5/2023 • 12 minutes, 4 seconds
Why virtual engagement is a game changer
Virtual learning has become a game changer for businesses, according to Sales and Negotiation Consultant Julia Ewert. With the rising cost of travel, companies are turning to what she calls ‘virtual engagement’, to increase productivity. She says smart businesses are upskilling their existing workforce rather than taking on new staff. And by approaching sales with humility and focusing on serving the needs of potential clients, businesses can achieve higher conversion rates and significant growth.
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6/4/2023 • 9 minutes, 46 seconds
Practical use of ChatGPT for your business
If you’re agonising over writing that report or a delicate email to a client, ChatGPT just might be the tool to save you the time and angst. It’s the artificial intelligence tool, which uses information it’s learned from training data, to follow prompts or instructions and provide a detailed response. Productivity expert and author, Donna McGeorge explains how to use ChatGPT in your business. And, she outlines the practicalities of it from her new book, ‘The ChatGPT Revolution: How to Simplify Your Work and Life Admin with AI’.
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6/1/2023 • 8 minutes, 49 seconds
If your brand was a Hollywood actor… Part 2
An online brand personality helps build an authentic connection with your market. That’s according to Joel Gerschman, CEO of Digital Pilot and The Change Coach, who’s identified 12 personality archetypes to help businesses achieve growth online. Joel outlines the six components to build a successful brand strategy.
References:
Find out more about Joel Gerschman and his digital businesses at Digital Autopilot www.digitalautopilot.com.au and The Change Coach: www.thechangecoach.co
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5/31/2023 • 8 minutes, 13 seconds
If your brand was a Hollywood actor… Part 1
Is your business an all-round nice-guy Tom Hanks type, a fun Adam Sandler, or maybe an elegant Cate Blanchett? Business coach and digital marketing guru, Joel Gerschman, reckons that adopting a Hollywood archetype can help you differentiate yourself from the competitive online world. Joel Gerschman is a leading business coach, best-selling author, co-founder of Digital Autopilot and CEO of The Change Coach, one of Australia's leading digital marketing agencies. He runs through 12 archetypes, all of which convey a meaning to help customers relate to a brand.
References:
Find out more about Joel Gerschman and his digital businesses at Digital Autopilot www.digitalautopilot.com.au and The Change Coach: www.thechangecoach.co
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5/30/2023 • 11 minutes, 20 seconds
Are you open to what's possible?
As a businessman, John Wood built Fleetwood Corporation – the largest integrated company of its type in Australia, with caravan parks, park homes, lifestyle villages and much else in between. Then he walked away. Disillusionment set in, followed by a hiatus in John’s life as he explored what really matters in business and life. John discovered a transformative way of thinking. It opened his eyes to what’s really possible, and now he’s helping others in business open their eyes too.
Reference:
John Wood is the author of “The Business of Possibility: Re-imagining your organisation”, the sequel to John’s first book “Possibility – a State of Mind”. You can find out more about John’s work at: therealmofpossibility.org.au
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5/29/2023 • 13 minutes, 51 seconds
Dealing with the sales call brush-off
Sales calls – for some they come with a sense of dread, but what holds a lot of people back is not knowing what to say and a fear of rejection. Bri Williams is a behavioural specialist who’s studied the words that best hold the client’s attention and engage them naturally, to ideally, avoid the brush off.
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5/28/2023 • 10 minutes, 43 seconds
Your mistakes could win you business
A core element to great customer service is a recovery strategy. It’s how you react to those times when, inevitably, your business makes a mistake. Often, businesses do the bare minimum to assuage their customers, when in fact they could and should go above and beyond to fix the error; which will help markedly in a creating a positive impression. That’s according to entrepreneur Roy Osing. He calls it the ‘recovery strategy’ – done well, customers will not only stick with you, they’ll also tell others about you.
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5/25/2023 • 8 minutes, 56 seconds
Exploring new overseas markets
One of the biggest barriers to expanding your business overseas is not knowing where to start. Well, according to Cynthia Dearin, Managing Director of Dearin Associates, you could be missing out on massive opportunities if you don’t give it a go. The key is not to rely on your gut feel. To truly achieve success overseas, she says, you need crystal clear vision, a powerful plan, momentum and the resources to make it happen.
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5/24/2023 • 10 minutes, 10 seconds
Supporting your team's financial wellbeing
No doubt there are some in your team who are facing money worries. Financial stress, like any forms of stress, can have a negative impact on performance and can lead to further problems, including depression. As a boss, you can help with support and education, says Jacqui Clarke, author of ‘Stop worrying about money – start planning now to secure your financial future’. She explains how you can encourage your team to build a personal finance village around them – qualified people who can help make sound financial decisions and reduce the emotion that often goes with those money decisions.
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5/23/2023 • 7 minutes, 51 seconds
5 ways to boost profits
Too often we’re fixated on finding new customer leads. It’s what sales guru Tony Gattari calls “lead madness”. First and foremost, he says, you need to be able to accurately measure the different variables in your sales and marketing process: customers, transactions, and average dollar sales. If you increase the variables by 10%, you could potentially increase your profit margin by 61%, without having to spend a cent.
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5/22/2023 • 8 minutes, 22 seconds
Will the Federal Budget really deliver?
Federal Treasurer, Dr Jim Chalmers, has announced a budget surplus, but, in spite of reports, it’s not the first time in 15 years. Plenty of governments over that period have announced budget surpluses, says our regular economics commentator, University of Melbourne Professor Neville Norman, but few have actually delivered one. Is this budget going to worsen inflation? Will interest rate increases pause and will Australia avoid a recession? Prof. Norman addresses all these issues and more, as well as explaining how Dr Chalmers’ Ph.D. might just prove to be helpful.
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5/21/2023 • 12 minutes, 1 second
Are women better at sales?
A perception still exists among many in business that sales is a combat sport. In order to be good at sales, you need a thick skin and be hardwired to win at all costs – qualities that tend to favour men. Well, those stereotypes fall well short of reality, says Sue Barrett, CEO of Barrett Consulting Group. She says women bring specific qualities that differ from traditional sales stereotypes leading to better sales results. The evidence is in the latest research.
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5/18/2023 • 10 minutes, 10 seconds
5 disciplines of great teams
What’s the difference between a team that is merely functioning and one that is flourishing? Well, a high-performing team is able to build trust, create accountability, and unify around a common purpose. How do you achieve that? Leadership Coach Bernard Desmidt has a formula to build great teams, which he outlines in his book, ‘Team Better Together: 5 disciplines of high performing teams’. He outlines each of those disciplines so that any business, large or small, can flourish.
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5/17/2023 • 9 minutes, 25 seconds
8 ways to increase the value of your business
Who wants a more profitable and stress-free business? We all do, right? Well, Tony Gattari of ActionCOACH has eight ways in which you can build a business with more value, and which will allow you to free up more of your time. Not only will it be a better business, but a potential buyer will pay top dollar for it.
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5/16/2023 • 8 minutes, 8 seconds
Show me the money
Barriers to growth are many - none more so than finding capital. Small businesses in particular struggle to find extra money to fund growth because of a lack of time and resources. Business mentor, John Di Natale offers some interesting alternatives to the traditional means to raising capital.
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5/15/2023 • 8 minutes, 11 seconds
Does consumer law apply to me?
Do you know your responsibilities under Australian consumer law? If you think it only applies to certain types of businesses, think again. According to Business Lawyer, Tracey Mylecharane, it’s absolutely vital that you do everything necessary to comply with this law. She says it’s important to look at your documents, systems and processes to ensure both you and your potential customers and clients are protected.
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5/14/2023 • 8 minutes, 24 seconds
A proposal that works!
The problem with most business proposals is that they’re too focused on selling the business to the potential clients. A better tactic is to focus on the client’s needs and wants. It’s outlined in Alan Weiss’s book, ‘Million Dollar Consulting Proposals’, a well-worn copy of which is in the hands of Nicole Ashby, Founder of Mentoring to Success. Nicole and her clients swear by the million-dollar proposal. She describes what it is and how to implement it, so you can win a larger share of lucrative contracts.
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5/11/2023 • 10 minutes, 53 seconds
Join the good culture club
An increasing number of business owners are realising that a good workplace culture is important for business health and success. Problem is, they’re not sure what they can do to improve their company culture. To help is culture change specialist, Colin Ellis, who shares a whole range of ideas from his book, ‘Culture Hacks’.
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5/10/2023 • 11 minutes, 16 seconds
Learning how to sell over Zoom
COVID changed the world, and now many businesses find themselves having to undertaking sales work over the web, with videoconferencing replacing face-to-face encounters. Sales and negotiations consultant Julia Ewert says there are some important things to remember when conducting sales meetings over the web. She said that on the web, speed kills, so dedicating more time to asking open questions, and building a rapport, is the key to success.
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5/9/2023 • 9 minutes, 52 seconds
Don't dodge digitisation!
Small business owners who’ve not yet gone digital are wasting more than a day in every week. That’s according to Elise Balsillie, Head of Thryv Australia, a small-business software as a service company. She says that although the thought of digitising tasks can be incredibly intimidating for some, even taking the first steps can save time and money. She says the trick is to do it in stages — starting off with your company’s biggest “pain points.”
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5/8/2023 • 8 minutes, 7 seconds
Tired productivity clichés
As a productivity expert, Donna McGeorge has heard all the cliches. For instance, ‘hard work will get you ahead’, you need to be ‘more productive’, and you should aim to do what’s ‘urgent and important’. They’ve become well-worn cliches, as Donna explores what you really should be doing with your workday to feel less overwhelmed.
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5/7/2023 • 11 minutes, 7 seconds
Be memorable with dazzling service
Too many companies focus on the products they provide. They tinker with the price, and they highlight the features. The problem is that it’s harder to differentiate your product from everyone else’s. To standout, insists entrepreneur Roy Osing, you need to deliver dazzling, astonishing customer-service, moments that take your buyers’ breath away. Triggering the most valuable marketing of all – rave-worthy word of mouth.
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5/4/2023 • 11 minutes, 22 seconds
Resilience hacks - boost your wellbeing
Fleur Heazlewood reckons that our race for more is reducing ourselves too less. Our health and wellbeing is the ‘less’, while the ‘more’ is the endless cycle of being busy. The answer, she says, is to prioritise our own wellbeing; if we do that, everything else will fall into place. Fleur shares some practical tips from her book, ‘Resilience Recipes: Making space for wellbeing that works’.
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5/3/2023 • 9 minutes, 20 seconds
Going for government grants
With thousands of government and other grants being offered at any one time, applying for funds can be a fast way to expand small businesses, or keep them thriving. However, with thousands of businesses applying for each available grant, the process can seem intimidating. The Founder and CEO of The Launchpad Co, Ruchi Gupta, says the key to success is to know where to look for available grants, and then seeking advice and help when it is required.
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5/2/2023 • 8 minutes, 32 seconds
Dealing with self-entitled employees
A self-entitled employee is someone who thinks they should be paid more, who always wants promotions, the best opportunities, bonuses and take holidays only when it suits them. Often, a self-entitled employee is not particularly good at what they do, they do less work than their peers and add less value. So, how do you handle them? Workplace expert Michelle Gibbings says you need to address their behaviour regularly and methodically. She steps us through the types of conversations bosses should have with them and how to guide their thinking and expectations.
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5/1/2023 • 8 minutes, 58 seconds
Building a respectful workplace
In recent years, there has been a real shift in society with calling out bullying and harassment at work. The Fair Work act prohibits sexual harassment in the workplace, and there is now an onus on business leaders to take steps to prevent unwarranted behaviour. Mazars’ HR advisor Yan Flageul joins Greg Halse, Partner at Mazars, to discuss the issue and to share their ideas on what you can do to ensure your workplace is safe.
Reference:
Attend or find out more about Mazars’ Webinar:‘Sexual harassment in connection with work’
Thursday, 4 May 202311:00am – 12:00pm
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4/30/2023 • 11 minutes, 49 seconds
Tackling the impact of trauma
Since the pandemic, the rate of people recording psychological distress has increased massively. That’s according to Kerry Howard, corporate mental health advisor, and author of, ‘How to heal a workplace culture: Tackle trauma, foster psychological safety and boost happiness at work’. She explains what trauma is and how to help minimise the traumatic impact in the workplace, through understanding and compassion.
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4/27/2023 • 12 minutes, 21 seconds
4 keys for effective communication
How we communicate matters very much to business success. It has the potential to influence awareness, understanding, trust, respect and engagement inside the workplace and ultimately staff’s willingness to collaborate. That’s according to Karen Gately, CEO of Corporate Dojo, who outlines her four key priorities to effective communication.
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4/26/2023 • 10 minutes, 21 seconds
Is business travel dead?
The days of sipping gin in business class on your way to a nice interstate hotel are coming to an end. That’s according to sales and negotiation consultant Julia Ewert, who is warning companies to polish their video conferencing sales skills if they don’t want to lose competitive advantage. She says higher costs are making businesses think twice about travel, so salespeople need to dedicate more time to developing relationships online.
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4/25/2023 • 6 minutes, 34 seconds
Why do your customers choose you?
There are four key questions that a business owner needs to ask themselves about why their customers choose their business. That's according to Dan Williams, who is the Asia Pacific Coach for EOS Worldwide, a global network of business coaches. Dan explains how studying your customers can lead to insights and increased profitability.
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4/24/2023 • 9 minutes, 33 seconds
Federal Budget - what's in store?
The federal budget is imminent, and the big question is whether the government will break its promise and increase taxes. Labor must be tempted to use its relative electoral strength at the moment, according to our regular economics commentator, Melbourne University, Economics Professor, Neville Norman. Prof. Norman says it’s likely company tax won’t be touched, but there may be harsher treatment for super funds. And he says that Australia — even given interest rates and inflation — is performing very well compared to similar countries and will weather well the coming global financial slowdown.
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4/23/2023 • 12 minutes, 34 seconds
3 legal issues you must know
Lawyer Tracey Mylecharane feels that we’re in a crisis of knowledge. Countless business owners, she says, are simply not aware of some of the legal issues affecting their own business and their customers. There is a lot of risk that could be avoided by doing due diligence and risk management. She insists that businesses have the right legal documents that are tailored to their circumstances, the right insurance and proper systems and processes.
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4/20/2023 • 9 minutes, 43 seconds
Recognising your own blind spots
A combination of ego, overconfidence and, at times, ignorance, can lead to business blind spots. That’s according to Tristan Wright, a business coach and founder of Evolve to Grow. He says the way to find your own business blind spots is by becoming humbler and speaking directly to every member of your workforce. And he says asking for ideas for improvement and graciously accepting constructive criticism can expose issues business owners may not have otherwise seen.
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4/19/2023 • 8 minutes, 42 seconds
Saving money through automation
If you haven’t already, it’s time to automate the repetitive tasks in your business. That’s according to Elise Balsillie, Australian Head of Thryv Small Business Software. She says most Australian businesses are missing out on sales and growth because they spend too much time on tasks that could be automated. And she says that although the thought of automating might be daunting, the costs of not doing it can be significant.
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4/18/2023 • 9 minutes, 23 seconds
Plan for long-term, prepare for short-term
We’re living in a quick and changing world; and the rate of uncertainty has made it difficult to plan for the long-term. But plan we must, says an optimistic Nigel Collin. You must find the right balance of planning for the future with the flexibility of shifting course when storms approach. Nigel, who’s weathered many business squalls over the years, offers some guidance for others in business for the rest of this year and beyond.
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4/17/2023 • 9 minutes, 41 seconds
How to tell someone they smell
How do you explain to a member of your team that they have body odour? It’s a delicate conversation – you don’t want them to feel terrible, but it’s important to let them know. For help, we turn to HR guru and CEO of Corporate Dojo, Karen Gately. Body odour aside, most businesses require a certain standard of appearance, particularly in customer-facing roles. Is it okay to expect staff to cover those tattoos and nose piercings, polish the shoes, and keep hair tied back? Karen says it's important to outline your expectations in a carefully-worded and clear dress code.
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4/16/2023 • 11 minutes, 20 seconds
Capturing the purchasing power of women
More than a third of all businesses in Australia are female-owned – a significant proportion, with the vast majority being mothers. Incredibly this demographic is an audience that remains largely untapped. Kate Christie is a time management expert and author of five books, including her latest, ‘The Life List: Master Every Moment and Live an Audacious Life’. She discusses what business can do to effectively capture the purchasing power of women.
Reference:
Kate Christie’s book ‘The Life List: Master Every Moment and Live an Audacious Life’, is available for purchase at Booktopia.
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4/13/2023 • 9 minutes, 33 seconds
Are weak processes killing your company?
Business Coach Dan Williams says he can chalk up most business failures to weak processes. An Asia Pacific business coach for coaching firm EOS Worldwide, he says successful firms need to have strong processes at their core, otherwise their possible growth and ability to scale will be hobbled. And he says strong processes will lead to fewer people leaving the company.
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4/12/2023 • 8 minutes, 27 seconds
Dealing with debt in 2023
The end of pandemic repayment breaks from the tax office is crippling many small businesses who are struggling to keep up with their existing liabilities. Sandra Blake, who is a financial counsellor for the Small Business Debt Helpline, says 90% of callers can’t meet ATO demands. She says that it is, however, possible to find ways through the impasse, and that the free helpline’s qualified counsellors can advocate as well as advise, so can negotiate on behalf of some clients in need.
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4/11/2023 • 15 minutes, 38 seconds
Rethinking agency contracts
The good old days in agency land saw long lock-in contracts, mark ups on media buying and the money flowed. At a time when there are more ad, digital and PR agencies than ever, James Smith, CEO of digital agency Smith Brothers Media, explains why there’s a shift in monetization strategy across the industry.
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4/10/2023 • 11 minutes, 33 seconds
Being refinance-ready in 2023
Australia has had a series of ten consecutive rate rises to the official cash rate to 3.6%, which is the highest since May 2012. Businesses are faced with a higher inflationary pressure from a rising cost of doing business. Mazars’ Financial Advisory Partner, Owen Dingle, says budgeting is important for business owners to stay on top of cash flow. And if you’re looking to refinance, it’s worth developing short- and long-term plans.
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4/9/2023 • 10 minutes, 14 seconds
Keep calm and carry on
Are you constantly distracted by those voices in your head. You know the ones, urging you to check emails or social media, but you really need to concentrate on something else, or they keep replaying a memory or a fear of yours. Or perhaps you’re trying to break a habit, like over-eating or drinking. Well, behavioural scientist Darren Fleming has come across a solution so that you can have more control over your life. He calls it ‘Mindset Mastery’, which he explains is the ability to pay attention to and deactivate the physical sensations in your body. It’s outlined in his latest book, ‘Mindset Mastery: Do less. Achieve more’.
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4/6/2023 • 11 minutes, 40 seconds
Don't underestimate the sales follow-up
There’s a goldmine of extra income a lot of businesses are missing out on because they don’t follow up effectively. Sales expert and founder of BOOM Sales!, Trent Leyshan, reckons businesses haven’t implemented a proper follow-up process or structure. Trent explains how to follow up, using both traditional and digital methods.
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4/5/2023 • 8 minutes, 25 seconds
What do you suck at?
Many businesses are being held back because their owners either can't, or won't, identify what they are bad at. That's according to Dan Williams, Asia Pacific Business Coach for EOS Worldwide, a global network of business coaches. Dan says it is crucial for business owners to identify what they "suck" at. He says that by slowing down and taking stock of everything you do, it's possible to identify tasks that you either hate or are bad at. Only then can you work on solutions, which may include outsourcing.
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4/4/2023 • 8 minutes, 25 seconds
How to handle a bad Google review
Google has become almost synonymous with the internet. For many people, it’s the first place they go to find out about a business’s product or service, especially Google reviews. But, what can you do if you receive a bad Google review? Marketing consultant Jessie Weatherley goes through the steps, depending on whether it’s a legitimate or fake review.
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4/3/2023 • 10 minutes, 47 seconds
New flexible work arrangements & your obligations
Employers have to make a genuine effort to accommodate an employee’s request for flexible work arrangements. That’s one of the new rules to take effect on 6 June, 2023, following changes to the Fair Work Legislation. The changes also mean more employees will have the opportunity to request flexibility in the workplace. Head of the HR and IR Division at Mazars, Cheryl-Anne Laird, explains the rules and what it all means for business owners.
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4/2/2023 • 11 minutes, 53 seconds
What's wrong with Blue Ocean strategy?
Several years ago the corporate world was going crazy over the latest business fad of Blue Ocean Strategy. The book of the same name won a slew of awards and sold millions of copies worldwide. The concept was simple: try to capture "blue oceans" of unexplored new markets. Like many theories, it just doesn’t work in a practical sense. Entrepreneur Roy Osing unpicks the problem of Blue Ocean Strategy specifically, and why some in academia are too far removed from the practicalities of running a business. And so, he warns, be careful of who you listen to.
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3/30/2023 • 10 minutes, 36 seconds
Wellbeing and the competitive advantage for business
Your staff really are your number one resource, so to make sure you attract the best talent and are able to hold on to them, looking after them holistically is going to give your business a competitive advantage. Lyndal Hughes, is the Managing Director at Q5 Partners, an international award-winning consulting firm that specialises in organisational change. She explains why wellbeing is so integral to workplace culture.
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3/29/2023 • 11 minutes, 7 seconds
The 'Great Resignation' is over
The so-called “Great Resignation” following COVID is over. That’s according to the CEO and Founder of ELMO Software, Danny Lessem. ELMO surveyed about 1000 Australian workers and found that 70 per cent are now keen to stay with their current employers. He says economic conditions, like inflation and higher interest rates, have taken the heat out of the employment market, and that employers can now breath a bit easier.
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3/28/2023 • 7 minutes, 41 seconds
Overcoming your business obstacles
Business owners can be their own worst enemies if they have a fixed mindset. That’s the view of Tristan Wright, a business coach and founder of Evolve to Grow. He says the way we are brought up can give us a blinkered view of the world and our own abilities. Tristan also says self-belief, the development of good habits, thinking laterally and embracing challenges can all be ways to remove obstacles in the life of a small business owner.
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3/27/2023 • 8 minutes, 33 seconds
Shaping workplace culture
Workplace culture is fundamental to the success of your business. If your people aren’t happy, the productivity and profits of your business are greatly impacted. Corporate mental health advisor, Kerry Howard, addresses the issue in her book, ‘How to heal a workplace culture: Tackle trauma, foster psychological safety and boost happiness at work’. She says it’s up to the business owner or boss to learn how to manage the interpersonal connections among staff.
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3/26/2023 • 11 minutes, 21 seconds
Dream big to win big!
Have you ever stopped and thought about what you actually want in your life? Is your business helping you to achieve those goals? Now’s the time to write down what you want and create a money plan for that. Clare Wood is an accountant, money mentor and author of ‘Intentional Profit: Master Your Mindset & Money For A Wildly Wealthy Business’. She outlines an effective and simple budget to help get you on the path of building your dreams.
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3/23/2023 • 8 minutes, 52 seconds
Making the call
Sure, most things today are done digitally and online, but when it comes to building relationships and sourcing quality leads, answering the phone can in in fact be the answer. James Smith, CEO at digital agency, Smith Brothers Media explains why businesses need to lift their game when it comes to picking up the phone.
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3/22/2023 • 8 minutes, 56 seconds
Making yourself memorable to customers
Some of Australia’s best-known and largest companies are some of the worst exemplars of customer service. That’s according to Milton Collins, Principal of The Action Business Coach. He says one of the biggest mistakes is forgetting or ignoring what the customer wants. Milton discusses all this from his recently released book, ‘Delight, Disrupt, Deliver: Grow your business using the power of small surprises’.
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3/21/2023 • 7 minutes, 48 seconds
The talent lottery
Attracting staff in a hot jobs market is a huge problem for businesses across the country. The Asia-Pacific Business Coach for EOS Worldwide calls it the “talent lottery.” Dan Williams says employers need to become more astute, find ways to engage new recruits and offer them something they can be part of. He says direct and friendly conversations with staff about their desires, outside of regular job appraisals, can make a big difference. And he stresses that learning why people leave your company is crucial for business self-improvement, and to retain other staff members.
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3/20/2023 • 7 minutes, 39 seconds
Guns, germs and steely resolve
Without doubt, there has been an increase of burnout across the board in recent years. That’s according to mindfulness and high-performance coach, Melo Calarco, who says much of it comes from a residual fatigue, or a hangover, from the pandemic. Melo’s book, ‘Beating Burnout Finding Balance’, offers tools to achieve mindfulness. And, he shares inspirational stories of his trekking adventures in remote corners of the world that have transformed how he himself deals with tricky situations.
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3/19/2023 • 11 minutes, 13 seconds
5 tips for improving organisational health
While staff health is of vital importance as we head back to work, the health of your business is just as crucial. With the flux of the last couple of years, where are things really at, how are things really operating and how healthy is your organisation? Tom Leary, Partner and MD at Q5 Partners, an international award-winning consulting firm that specialises in "organisational change", discusses how to tell if it’s time for a business health check.
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3/16/2023 • 10 minutes, 55 seconds
Delegate for better results
As a business owner, it behoves you to work on those activities that bring in a better return on investment. Don’t do the menial, repetitive stuff, when you could be delegating to someone else in your business, says productivity expert, Les Watson. As a leader, you should be working on your business – bringing the dollars in – not in the business. Les Watson shares his prioritisation system which ensures the important things aren’t ignored.
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3/15/2023 • 9 minutes, 8 seconds
Free help when you're drowning in debt
There’s no doubt that this is a tough time for small businesses, with a series of disasters and disruptions being followed by supply constraints, inflation and interest rate rises. So where can you turn when you hit a debt wall? In this episode, the General Manager of the Small Business Debt Helpline outlines how the free service can help businesses — and their owners — who find themselves in an invidious situation. She explains how the service takes personal, as well as financial, issues into account while helping to find a way through all the red ink.
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3/14/2023 • 11 minutes, 43 seconds
How detailed are your employment agreements?
How detailed are your employment agreements? If, as lawyer Tracey Mylecharane has observed, they’re a one-page document outlining the job’s role, it’s nowhere near good enough. You want to legally protect you and your business from a disgruntled employee by providing a comprehensive document. It should define not only the role and responsibilities, but also things like social media policy, confidentiality, intellectual property, leave and entitlements, termination, and more.
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3/13/2023 • 9 minutes, 49 seconds
Fear not! Sales isn't scary
As a business owner, have you let the sales process fall by the wayside? If you’re like many others, perhaps what stops you from selling is fear. Well, according to sales guru Trent Leyshan, you need to regain your mojo. Afterall, he says, sales is the lifeblood of any company. Trent is founder of BOOM! Sales and author of two sales books, Outlaw and The Naked Salesman. He outlines the three key steps you need to take to go from fearful to fearless in sales.
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3/12/2023 • 9 minutes, 22 seconds
Getting LinkedIn
LinkedIn is one of the best social media platforms for reaching out individually to prospective clients. The problem is, insists LinkedIn expert Ty Giuliani, business owners aren't active enough to get the results. Ty shares his tips on developing a strategy and framework to establishing rapport with your market and creating business opportunities.
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3/9/2023 • 11 minutes, 32 seconds
How to build psychological safety at work
While discussion around mental health is becoming far more open and less taboo, poor mental health costs the Australian economy $17 billion per year. So, there’s an increasing need for businesses to provide not only a physically safe environment but a psychologically safe one. Liz Ralph is a Learning Manager at Lysander, an award-winning consultancy firm that support businesses in leadership development and cultural transformation. She explains that workplaces can be audited for both beneficial and poor psychological conditions and then guided to create a strong and psychologically safe workplace, for staff to thrive.
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3/8/2023 • 11 minutes, 49 seconds
I'll drink to that! How I built a multi-milliondollar pub empire
When you find what you love and you can make a buck form it, you’ll never ‘work’ another day in your life. That’s according to Stephen Hunt, whose success stems from a $100 beer garden in his parents’ backyard to building a $100-million beer empire decades later. Stephen’s Hunt Hospitality has a portfolio of seven pubs on Australia’s east coast and employs 350 people. He explains how he has turned good pubs into great pubs, and how passion and drive have led to his success in business.
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3/7/2023 • 10 minutes, 22 seconds
What a trooper!
When Belinda Eden founded Troop Events, a business which provides on-demand hospitality and event staff across Ballarat and regional Victoria, she wasn’t to know that COVID was about to hit. She weathered the storm, and now that restrictions have lifted, demand for Troop has gone through the roof. As well as smaller events, like weddings or home parties, she has won lucrative larger events including the Australian Grand Prix.
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3/6/2023 • 11 minutes, 9 seconds
SMSFs – opportunities and risks for older members
For those with a self-managed super fund, what happens if you become incapacitated or when you die? It’s not the cheeriest of subjects, but it’s important to plan well in advance, for your peace and that of your loved ones. That’s according to tax specialist, Michael Jones, Superannuation and Business Advisory Partner at Mazars, who details the opportunities and risks for older members of SMSFs.
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3/5/2023 • 11 minutes, 50 seconds
Google Analytics - 5 things you should know
Google Analytics can seem intimidating, but without question it should be the foundation for all of your digital marketing - monitoring and guiding you towards successful outcomes. Leigh Hanney, SEO and Analytics Specialist and Founder of DataCraft Digital, offers five ways that Google Analytics can help support your marketing strategy.
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3/2/2023 • 9 minutes, 47 seconds
Smoothies are the bomb
Cinzia Cozzolino started her smoothie business almost by accident. After she started preparing delicious nutritional smoothies for her daughter, word got out. Her daughter’s friends and their mums wanted them. The local cafes and retail outlets wanted to sell them. Next thing, Cinzia found she had a very successful business selling to hundreds of stores in the Australia and overseas. She explains what she’s learnt and what the future holds for this exciting business.
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3/1/2023 • 10 minutes, 55 seconds
5 essentials for first-time managers
There is, as they say, a first time for everything. And that includes stepping into a leadership role. To help first-time managers, we hear from leadership expert Anna Marshall, founder of People Mastery and author of ‘On you marks, get set…LEAD!: A beginner’s guide to people leadership’. She outlines her five essentials for business leaders.
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2/28/2023 • 10 minutes, 7 seconds
Is your website up to date?
Online spending went through the roof during the pandemic, as consumers stuck at home relied on ordering goods that could be delivered to their door. The increased confidence and reliance in the online marketplace means that your business’s digital presence is more important than ever. So, what should you be doing to ensure you’re front-and-centre in the digital world and are serving your customers as best you can? Tamara Oppen, Vice President, Developed English Markets at GoDaddy.com.au, has timely advice on your website strategy, online payments and protecting yourself from cyber-crime.
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2/27/2023 • 11 minutes, 15 seconds
New rules for job ads
New rules have come into effect that may change the way some small businesses undertake recruitment. It’s now illegal to advertise jobs that pay below the minimum wage — or award — for every job. It will particularly have an impact on any business that employs workers on piece rates. While the Chair of the Council of Small Business Organisations Australia, Matthew Addison, says it is a good thing, he says many business owners and managers should seek advice to ensure they are not now breaking the law.
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2/26/2023 • 7 minutes, 27 seconds
Shut up and sell!
If you ask questions and listen to the answers, you will learn what your customers want. Selling becomes easier and you don’t have to talk so much, says sales expert Colin Pearce.
Colin has been training salespeople for many years and has a bag full of tips on how to sell more, easier and faster. Talking too much is a bane for many salespeople, and it's their "overselling" which often puts people off.
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2/23/2023 • 10 minutes, 23 seconds
Building a unique business strategy
Every business that’s looking to grow understands the importance of formulating a plan. But, how should they create one? Entrepreneur Roy Osing has developed a strategic game plan that asks you to answer some simple questions. How big do you want to be? Who do you want to serve? And, how can you compete and win? Unless traditional business plans, Roy’s formula is simple, focused, action-oriented and unique to your business.
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2/22/2023 • 11 minutes, 1 second
Will we dodge a recession?
Australia looks unlikely to fall into a recession, though we will experience lower growth. That’s the prognosis of our regular economics commentator, Melbourne University Professor Neville Norman. Professor Norman says the Reserve Bank will continue to lift interest rates into 2023 due to what he calls a “robotic” reaction to the sort of inflation the bank may not actually be in control of. And, while answering the four key questions for the start of 2023, Professor Norman says prices will stay high, more heat will come off the housing market, and small businesses should batten down the hatches.
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2/21/2023 • 10 minutes, 53 seconds
Be mindful - it's good for business
Do you feel as if you have too much on your to-do list, both at work and at home? There are not enough hours in the day, and you’re constantly thinking about the next thing. Mindfulness is becoming a well-known ability to navigating all that chaos. Customer service expert, Jaquie Scammell achieves mindfulness through meditation, which helps her with calmness, clarity and happiness. She explains how busy people can meditate and why achieving mindfulness is good for business.
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2/20/2023 • 10 minutes, 46 seconds
New rules to end staff pay secrecy
Australian law has changed when it comes to secrecy provisions in employment contracts, and it’s something all business owners and managers need to come to terms with. It’s now illegal to include any secrecy provision in new employment contracts. The chair of the small business peak industry body, the Council of Small Business Organisations Australia (COSBOA), says it’s unlikely the new law will drive up wages. However, Matthew Addison says it’s time to review, and change contracts for workers.
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2/19/2023 • 7 minutes, 31 seconds
Using the news to build your name
How would you like to be on the front page of the paper without having to pay for it? It starts with having something to say. Nicole Ashby's heart was racing and her palms were sweaty when she first spoke on radio about the impact of a fly-in fly-out workstyle on the families left behind.
That was the first of many hundreds of media interviews she performed as Founder and Director of FIFO Families. The exposure was the equivalent of hundreds of thousands of dollars in paid advertising – all free! To gain this kind of exposure for themselves and their business, Nicole explains how business people can and should approach the media.
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2/16/2023 • 12 minutes, 41 seconds
How to handle the sickie
This year’s Australia Day holiday fell on a Thursday. Some employees around the country saw that as an opportunity to take a sickie, and have an extra-long weekend. But, other’s were genuinely ill. As a boss, how do you know if someone’s being legitimate? Karen Gately, CEO of Corporate Dojo, says it’s important to have open and honest conversations, in person. Employers should have policies in place and everyone should understand their obligations under the law.
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2/15/2023 • 9 minutes, 53 seconds
Go on, fail, I dare you!
Failure isn't something we should avoid at all costs – on the contrary, failure is a powerful force on the journey to success. Entrepreneur and key-note speaker, Gabe Zichermann, says if you don't feel the fear of failure, then you're not pushing yourself hard enough. In other words, fear often indicates you're on the right track.
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2/14/2023 • 11 minutes, 52 seconds
Do you have a privacy policy?
The huge amount of Optus and Medibank customers data that was hacked by cybercriminals made headlines across the country. But, they’re just two out of the thousands of breaches that occurred in 2022. How does your business stand up to data risk? Lawyer Tracey Mylecharane says business owners need to establish they’ve taken reasonable steps to protect their customers’ data. She says the Optus fiasco has taught us that we can no longer stick our heads in the sand.
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2/13/2023 • 9 minutes, 55 seconds
Get your free 'cyberwarden' training
Breaches of cyber security cost Australian small businesses $29b last year, and with about 60% of firms at risk, the industry’s peak body is moving to do something about the problem. The Council of Small Business Organisations Australia chair, Matthew Eddison, says the new cyberwardens program will help stop the criminals. Business owners will be able to nominate themselves or a member of their staff to get free training to become cyber security experts so they can either prevent or deal with the consequences of a cyber attack.
Reference:
www.cyberwardens.com.au
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2/12/2023 • 9 minutes, 36 seconds
The man who put the "i" in iPhone
Apple worked hard to keep things simple - we see it every day in its products and its success. From the man who named the iMac and who was integral to Apple’s ‘Think Different’ marketing campaign, Creative Director Ken Segall spent 12 years working with Steve Jobs and experienced first-hand his obsession with keeping things simple. Ken wrote about it all in his book ‘Insanely Simple: The Obsession That Drives Apple’s Success’. He shares with us the many lessons he learned about one man's single-minded drive for simplicity, in a complex business world.
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2/9/2023 • 10 minutes, 3 seconds
ChatGPT – the future’s arrived!
Imagine being able to free up valuable time from responding to customers and staff. Well now you can, by using a new and powerful language generation tool, called ChatGPT. The implications for business are endless, and we’re only just now learning how much of an impact it will have in our lives. Our favourite futurist, Steve Sammartino, explains ChatGPT’s ability to understand and respond to natural language.
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2/8/2023 • 9 minutes, 56 seconds
Empowering employees through development
It appears artificial intelligence will soon render the annual staff performance review extinct. One company is harnessing its powers to generate real-time, objective feedback for employees to empower them at work by boosting their confidence and exposing their blind spots. In this episode, CEO and Co-Founder of software development company OnLoop, Projjal Ghatak, describes their new product, enabling staff to report on their progress, using artificial intelligence, at the touch of a mobile button – producing objective reports based on feedback and self-analysis.
Reference:
www.onloop.com
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2/7/2023 • 11 minutes, 30 seconds
Got a good story? Tell it!
What’s worse than having people talk about you behind your back? In a business sense, it can be worse if nobody’s talking about you at all. So, if you want your brand spoken about, it’s best that you control what people say. You can do that by telling your own stories. These days more and more businesses are discovering the powerful benefits of brand storytelling. Gabrielle Dolan is a business storytelling expert who shares ideas from her book, ‘Magnetic Stories: connect with customers and engage employees with brand storytelling’.
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2/6/2023 • 11 minutes, 28 seconds
Leadership needs discipline
Great leadership is important in business to inspire others, to make decisions, and to get things done. So what makes a great leader? Productivity expert and business advisor, Les Watson, outlines the values great leaders have, and how discipline ensures that the team is on track, and focused on the important drivers of the business.
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2/5/2023 • 9 minutes, 51 seconds
The power of hybrid teams
The shift to a hybrid working model has left many business owners and managers in a state of high anxiety. How can they be sure that staff are actually being productive? CEO and Co-founder of OnLoop, Projjal Ghatak, says teams that work from both the office and home can actually be more powerful and more productive. He says the secret to ensuring both strong productivity from workers and peace of mind for managers, is to set goals and consistently monitor progress.
Reference:
www.onloop.com
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2/2/2023 • 11 minutes, 27 seconds
Your brand is an asset – use it well!
How does your brand stand out from your competitors? Do you use tired, cliched images on your website, or are you a bit more creative? Brand creator and consultant, Bec Hughes, says to succeed in brand design, you need to provide memorable experiences for your potential customers.
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2/1/2023 • 9 minutes, 3 seconds
Positive change is up to you
Change can be a daunting prospect — something many fear and dread. But that doesn’t have to be the case, according to change expert Esther De La Cruz. She says that change can, instead, be an entirely positive experience, depending on the mindset you approach it with. By focusing on the benefits, purpose and rewards, change can become not only easier, but possibly even enjoyable.
Reference:
www.estherdlc.com
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1/31/2023 • 10 minutes, 5 seconds
Making the tough calls
Being a coach and umpire at the highest level of elite AFL sport has taught Jeff “the Giesch” Gieschen a thing or two about leadership and the nurturing of star performers. Now he’s transferring those lessons to the business world. Leadership’s tough, he’ll tell us, but fairness, empathy and team spirit are paramount if you want to move from good to great.
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1/30/2023 • 12 minutes, 29 seconds
Don’t run with the herd!
It’s far easier today to start a business than ever before, which has resulted in more competition in almost every space imaginable. Forget about benchmarking, ‘best of breed’ analyses, and price wars with your competitors, according to entrepreneur Roy Osing. Instead, you need to establish a clear, relevant and unique claim that distinguishes you from everyone else. Roy explains how that’s achieved with his strategic game plan.
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1/29/2023 • 10 minutes, 15 seconds
Get flexible - 3 important changes in 2023
Change expert and coach Esther De La Cruz says businesses are still in a post-COVID flux at the moment, with many managers worried that they’ve not yet found their new groove. The worry isn’t necessary she says, and to help, offers three main areas businesses should focus on for 2023: 1. How to maintain or build corporate culture while working remotely; 2. Adopting a modest approach to goals and some belt tightening due to a worsening economic landscape, and 3. How to attract and retain favoured staff.
Reference:
www.estherdlc.com
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1/26/2023 • 10 minutes, 55 seconds
Catch of the Decade - lessons from a digital titan
In 2006, Gabby and Hezi Leibovich launched Catch of the Day, a website selling just one deal a day. By 2010, it was Australia’s number one shopping site, and in 2019 they sold the business to Wesfarmers for a whopping $230 million. How did they do it? Well, it’s detailed in the brothers’ book: ‘Catch of the Decade: how to launch, build and sell a digital business’.
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1/25/2023 • 10 minutes, 28 seconds
Influencers - are they right for you?
In the not-too-distant past, kids wanted to be firefighters, doctors or a police officers. Today, many want to be influencers. And why not, when they can earn thousands, even millions of dollars from businesses paying them to promote their products or services. The content has to be engaging of course and is often produced as videos across social media platforms. Perhaps this is a strategy that makes sense for your own business, but Heather Maloney, Founder and CEO of Contactpoint says you need to be careful of a few things – including the potential for controversy – but it could help boost your profile very quickly.
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1/24/2023 • 11 minutes, 48 seconds
Don't lead with 'crumby' promises
Promising your employees bonuses or promotions, but never following through is known as “breadcrumbing”. The term originates from modern dating, where someone is being led-on with small morsels of interest, like phone calls and texts, but nothing eventuates. Karen Gately of Corporate Dojo says breadcrumbing in the workplace is dishonest, disrespectful and unfair. A more effective way to motivate staff, she says, is by being proactive and clear about individual expectations.
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1/23/2023 • 11 minutes, 12 seconds
How to deal with government bodies
When dealing with government, business owners should be concise, polite, and persistent. That’s according to the Director of Unravelling Red Tape, Elaine Abery, whose spent her career battling the bureaucracy on behalf of businesses. She says owners shouldn’t be afraid of governments or the big businesses they’re having trouble with, and that change — even legislative change — is possible with the right approach.
Reference:
Find out how you can navigate business and legislative change at Unravelling Red Tape
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1/22/2023 • 11 minutes, 22 seconds
Managing your cashflow
Inflation, supply chains, staff retention, a possible global downturn. There are so many issues facing businesses now, and they all end in one place: a cash flow spiral. The Commonwealth Bank’s General Manager of Working Capital, Elizabeth Huxley, says cash flow has become the chief concern for business across the country in recent times. But she’s offering some help, with a new system that grants businesses short-term loans using unpaid invoices as security.
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1/19/2023 • 8 minutes, 25 seconds
Overcoming insecurity
It’s something a lot of people would never admit to being. Insecurity manifests itself in many ways but can have a devastating effect if left unchecked and unresolved. Jaemin Frazer has made it his life’s mission to help people overcome their insecurities. He’s founder of The Insecurity Project and author of ‘Unhindered: The Seven Essential Practices for Overcoming Insecurity’. In this episode Jamein outlines those seven practices to unlock yourself from self-doubt and fear.
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1/18/2023 • 12 minutes, 12 seconds
Building customer service habits
Like it or not, customers are always measuring the way they’re treated. The way a they feel could be the difference between returning to you, or never coming back again. That observation is from customer service guru and CEO of ServiceQ, Jaquie Scammell. To improve your customer service, you need change specific habits. In this episode, Jaquie outlines some tips from her book, ‘Service Habits: 21 habits to transform your service culture’.
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1/17/2023 • 10 minutes, 51 seconds
Getting juiced-up with Pomodoro
No matter how much you try to plan your day, do you find yourself interrupted or going over the allotted time? Perhaps the answer is a Pomodoro kitchen timer. Business coach Les Watson – aka the Time Lord – explains how the useful device can break work into intervals of 25 minutes to allow you to concentrate on the task at hand and get more done during the day.
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1/16/2023 • 9 minutes, 56 seconds
Approaching social media in 2023
Do you love social media, or do you find it a chore to constantly and consistently post content for better business engagement? If you can’t or won’t do it in-house, it’s worth considering to outsource your social media posts. That’s according to social media strategist Bec Stenner, founder of Creative Seed Co. Done well, a social media marketing campaign can help build a massive online following and lead to significant business growth. Bec explains what makes a good social media post, how often you should post, and which channels you should focus on.
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1/15/2023 • 10 minutes, 20 seconds
Jumping bureaucratic hurdles
Business owners shouldn’t be afraid of taking on government departments if they have a valid complaint. So says Unravelling Red Tape Director Elaine Abery — an expert in dealing with the bureaucracy. Large businesses are constantly talking to governments, but SME proprietors can find it too intimidating. Elaine Abery says that, once data is collated and thoughts written down on paper, there’s nothing to stop smaller business owners from talking to departmental managers, who, she says, actually want to help businesses that are doing the right thing.
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1/12/2023 • 9 minutes, 16 seconds
Giving back the gift of time
For-purpose business, mtime, gives busy parents their time back by matching them with a moncierge - a family assistant trained by mtime, to help parents with not just one form of at home support, but across the board help - cooking, cleaning, babysitting and even grocery shopping. Founder and CEO Sarah Agboola has won multiple awards for her work creating mtime and her insights to success are a must hear for any current or aspiring business owner.
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1/11/2023 • 13 minutes, 29 seconds
Why I don't do affiliate marketing
Affiliate marketing, or influence marketing, is promoting someone else’s product or service in return for an award. It’s more common these days as consumer’s eyes are glued on social media. But, lawyer Tracey Mylecharane says she will never agree to be an affiliate for someone else’s product or service. She’s happy to give recommendations if someone asks, but she sees the formal process of affiliate marketing as a conflict to her own business and values.
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1/10/2023 • 8 minutes, 20 seconds
Executing with discipline
At a time when so much feels out of our control, there are some things we can be disciplined about and that will likely result in highly successful outcome. In three highly practical ways, Mike Goldman helps to build individual and team discipline. Mike’s a leadership team coach with more than 30 years coaching and consulting experience, and as a speaker and author of the number one best-selling book ‘Breakthrough Leadership Team.
References:
Find out how Mike Goldman can transform your team and leadership skills, via his website, purchase his best-selling book ‘Breakthrough Leadership Team’, and check out his FREE video course on how to conduct a talent assessment.
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1/9/2023 • 11 minutes, 16 seconds
Kickstart 2023 with a plan
While some people may only just be getting back to work, others – plenty more are likely still on holiday. Business coach Emma McQueen reckons the January lull is the perfect opportunity for business owners to focus on planning for the year ahead. One of the most important things to concentrate on, she says, is your pricing strategy. With inflation through the roof, it might be worth considering raising prices at least a couple of times during 2023.
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1/8/2023 • 9 minutes, 5 seconds
Summer Series: Build a better culture
Culture is often regarded as an advantage of world-class organisations. But, how do you build a great culture and how much does it rest on the person at the top? Business coach Shane Hatton addresses this in his new book, ‘Let’s Talk Culture: the conversations you need to create the team you want’. He discusses five types of conversations leaders should have with their team to help bring their culture to life.
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1/5/2023 • 10 minutes, 58 seconds
Summer Series: Dealing with self-entitled employees
A self-entitled employee is someone who thinks they should be paid more, who always wants promotions, the best opportunities, bonuses and take holidays only when it suits them. Often, a self-entitled employee is not particularly good at what they do, they do less work than their peers and add less value. So, how do you handle them? Workplace expert Michelle Gibbings says you need to address their behaviour regularly and methodically. She steps us through the types of conversations bosses should have with them and how to guide their thinking and expectations.
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1/4/2023 • 9 minutes, 46 seconds
Summer Series: 10 pillars of the new small business charter
A new free trade deal with India has opened up a massive market for Australian small businesses, according to the CEO of the Small Business Association of Australia, Anne Nalder. And she says it’s not too difficult to start selling to India’s massive, and growing, middle class, which is hungry for Australian goods and services. Anne Nalder describes the steps that need to be taken.
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1/3/2023 • 9 minutes, 30 seconds
Summer Series: Why do your customers choose you?
There are four key questions that a business owner needs to ask themselves about why their customers choose their business. That's according to Dan Williams, who is the Asia Pacific Coach for EOS Worldwide, a global network of business coaches. In this episode, Dan explains how studying your customers can lead to insights and increased profitability.
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1/2/2023 • 9 minutes, 36 seconds
Summer Series: 5 essentials for first-time managers
There is, as they say, a first time for everything. And that includes stepping into a leadership role. To help first-time managers, we hear from leadership expert Anna Marshall, founder of People Mastery and author of ‘On you marks, get set…LEAD!: A beginner’s guide to people leadership’. She outlines her five essentials for business leaders.
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1/1/2023 • 10 minutes, 35 seconds
Summer Series: I’ll drink to that! How I built a multi-million-dollar pub empire
When you find what you love and you can make a buck form it, you’ll never ‘work’ another day in your life. That’s according to Stephen Hunt, whose success stems from a $100 beer garden in his parents’ backyard to building a $100-million beer empire decades later. Stephen’s Hunt Hospitality has a portfolio of seven pubs on Australia’s east coast and employs 350 people. He explains how he has turned good pubs into great pubs, and how passion and drive have led to his success in business.
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12/29/2022 • 10 minutes, 51 seconds
Summer Series: Beating the labour crisis
The labour crisis gripping the small business sector is putting many owners on edge. Not only can they not find new workers, but there is also a constant concern that top talent could be poached at any time. Recruitment expert Marnie Jones says it’s not just a matter of offering higher wages, and that the best staff can be retained if a company is willing to look at its policies and make changes.
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12/28/2022 • 8 minutes, 6 seconds
Summer Series: Delegate to do more
Accepting that you can safely delegate to trustworthy staff can be difficult for some small business owners. But not handing work over to your employees can actually hold a business back from attaining its true potential. That’s according to business coach Tristan Wright, who says leaving one’s ego at the office door and delegating tasks to others, can lead to better physical and mental health outcomes for the business owner, staff empowerment, and ultimately a more productive, prosperous business.
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12/27/2022 • 7 minutes, 37 seconds
Summer Series: Making the call
Sure, most things today are done digitally and online, but when it comes to building relationships and sourcing quality leads, answering the phone can in in fact be the answer. James Smith, CEO at digital agency, Smith Brothers Media explains why businesses need to lift their game when it comes to picking up the phone.
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12/26/2022 • 9 minutes, 25 seconds
Summer Series: Wellbeing and the competitive advantage for business
Your staff really are your number one resource, so to make sure you attract the best talent and are able to hold on to them, looking after them holistically is going to give your business a competitive advantage. Lyndal Hughes, is Managing Director at Q5 Partners, an international award-winning consulting firm that specialises in "organisational change". She explains why Wellbeing is so integral to the culture of a business.
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12/25/2022 • 11 minutes, 47 seconds
Summer Series: Google Analytics – 5 things you should know
Google Analytics can seem intimidating, but without question it should be the foundation for all of your digital marketing - monitoring and guiding you towards successful outcomes. Leigh Hanney, SEO and Analytics Specialist and Founder of DataCraft Digital, offers five ways that Google Analytics can help support your marketing strategy.
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12/22/2022 • 10 minutes, 12 seconds
Summer Series: Boosting brain and body for better business
Paul Taylor knows resilience better than most. A current PhD student in Applied Psychology, Paul’s a former Airborne Anti-submarine Warfare Officer in the Royal Navy, a former professional boxer, Australian Fitness Industry presenter of the year, and founder of MindBodyBrain Performance Institute. He offers seven daily rituals that can help boost brain performance and shares his tips on how to build resilience.
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12/21/2022 • 10 minutes, 58 seconds
Summer Series: Don’t be #1…be the ONLY one!
Despite the intensity of competition and the power of consumers, it surprises Roy Osing that most businesses are doing very little to differentiate themselves from their competitors. Many resort to the same clap-trap and aspirational statements. If you really want customers to notice you, Roy recommends using the ONLY statement, i.e., “We’re the ONLY ones that…”. Roy Osing is a former company president and entrepreneur with more than 40 years executive leadership experience. He’s also the author of several books, including his latest ‘Be Different or Be Dead’.
Reference:
Follow the link for more information about Roy Osing, or to purchase his book, ‘Be Dead or Be Dead’: https://www.bedifferentorbedead.com/
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12/20/2022 • 12 minutes, 40 seconds
Developing and improving the team
As a leader and business owner, not only do you need to always be building your talent bench but assessing current staff and coaching them if possible. But how can you do this and with maximum impact and retain great talent? Well, Mike Goldman is a leadership team coach, speaker, and author of the number one best-selling book ‘Breakthrough Leadership Team. With more than 30 years coaching and consulting, he offers really practical strategies for executing these development tasks, including the best approach to take when coaching.
References:
Find out how Mike Goldman can transform your team and leadership skills, via his website, purchase his best-selling book ‘Breakthrough Leadership Team’, and check out his FREE video course on how to conduct a talent assessment.
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12/19/2022 • 12 minutes, 47 seconds
The economy – what’s in store for 2023?
A slowing, or even an end, of the current round of interest rate rises, lower inflation, an easing of labour shortages and a stronger budget balance sheet are all pointing to a better economic situation for 2023. That’s the good news for the new year being forecast by our regular economics commentator, Melbourne University Economics Professor Neville Norman. Professor Norman says that, while much of the rest of the developed world is heading for a recession this year, it’s likely Australia will buck the trend, and that the worst of times may well be behind us.
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12/18/2022 • 9 minutes, 13 seconds
Now's the time to take a break
With Christmas just around the corner, now’s the time to unwind and relax. You’ve probably made plans to have a holiday and reset your body and mind, but have you thought about ditching your mobile devices? Workplace expert Michelle Gibbings says the Christmas and New Year break is a good time for a digital detox. Your mind can’t really shut down, if you’re constantly checking emails and other messages.
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12/15/2022 • 10 minutes, 14 seconds
How to bring in sales
People often buy on impulse, so you must be able to respond quickly to close a sale. That’s according to entrepreneur Richard Turner, who’s written a book from his experience of founding four companies in four different industries: ‘The Essential Entrepreneur: What it takes to start, scale and sell a successful business’. Richard also outlines pricing techniques, which can be used to inspire customers to purchase.
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12/14/2022 • 10 minutes, 30 seconds
Not late, rude
Being on time matters. In business, punctuality reflects your integrity and builds trust with others whom you honour with a promise of not being late. That’s according to business coach, productivity guru, Les Watson, whose own punctuality you can set your watch to. Les has some tips on how to combat distractions which can prevent us from arriving to events on time.
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12/13/2022 • 9 minutes, 27 seconds
Revealing results of onboarding research
In a highly competitive job market, overrun with highly selective candidates, the struggle to find great employees is real. Examining how you attract great staff includes how you onboard them and start them on their journey with your business. Sally Elson, Head of People at MYOB, discusses some fantastic onboarding research, commissioned by the business management platform. The results are revealing and offer great insight into how both employees and business owners view the process.
Reference:
Read more about MYOB's onboarding research results here.
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12/12/2022 • 9 minutes, 51 seconds
Building a resilient culture
One result of the new-normal we find ourselves in, is a renewed focus on workplace culture. And it’s incumbent on leaders to not only balance the values between business and staff, but be able to hold people accountable to those values. Mike Goldman is a leadership team coach, speaker and author of the number one best-selling book ‘Breakthrough Leadership Team. With more than 30 years coaching and consulting, he offers tactical strategies to build a strong workplace culture.
References:
Find out how Mike Goldman can transform your team and leadership skills, via his website, purchase his best-selling book ‘Breakthrough Leadership Team’, and check out his FREE video course on how to conduct a talent assessment.
Business Essentials Daily is produced by:
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12/11/2022 • 12 minutes, 43 seconds
A healthy you, a healthy business
They say, you are what you eat, and with good reason. The Western diet with its highly processed foods, sugars and salts, can make you feel drowsy, lead to weight gain and even diabetes. Dietitian Kate Save discusses the impact of a poor diet, and she outlines a lifestyle which will make you healthier, happier and more energetic – all of which are important to running a successful business.
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12/8/2022 • 13 minutes, 45 seconds
Mastering self leadership
Leading is tough, business is tough and being able to lead and motivate yourself is the key for being able to lead others.
Mike Goldman is a leadership team coach and author of the number one best-selling book ‘Breakthrough Leadership Team'. He breaks down what self-leadership means and how to access it for yourself, putting you in a far better position to then lead others.
References:
Find out how Mike Goldman can transform your team and leadership skills, via his website, purchase his best-selling book ‘Breakthrough Leadership Team’, and check out his FREE video course on how to conduct a talent assessment.
Business Essentials Daily is produced by:
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12/7/2022 • 10 minutes, 54 seconds
Redefining Retirement
If retirement isn’t based around money, what is it about? What it’s not about is doing nothing. That’s according to Peter Graham, who’s been in the retirement game for 40 years as a financial planner, retirement coach and owner of Redefining Retirement. He’s wants people to rethink retirement and plan for purpose.
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12/6/2022 • 8 minutes, 3 seconds
8 essentials for sales leadership
Sales managers are often thrust into their positions because it’s the natural progression to their career. The problem is they’re often given little ongoing support and training in management. Sales and sales management are completely different things, says Sue Barrett, CEO of Barrett Consulting Group. She has identified 8 fundamental functions to give sales leaders the knowledge, skills and competence to drive better sales.
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12/5/2022 • 9 minutes, 16 seconds
Standout with outstanding marketing
How well does your brand stand out in a crowded market? Do people know who you are and how you’re different to others in your industry.? Entrepreneur Richard Turner says first impressions are important, and a professional-looking brand is critical for credibility. Richard outlines that in his book, ‘The Essential Entrepreneur: What it takes to start, scale and sell a successful business’. He discusses what makes for effective brand positioning and marketing.
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12/4/2022 • 10 minutes, 19 seconds
The art of saying no
If you find you don’t ever have enough time in your day, it might be because you are saying yes to everything that comes your way. Business coach Les Watson – aka the Time Lord – says you need to filter out those requests from people that take you away from the important things, whether it’s in your business or in your life. If saying no is just too hard, Les has some tips on how to do it without it coming across as rude or not caring.
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12/1/2022 • 10 minutes, 4 seconds
Work Xmas party watchouts
One thing that most staff look forward to is the Christmas party at the end of the year. It’s an opportunity for everyone to let their hair down and come together without the deadlines and other work-related stresses. However, bosses also need to be mindful of a myriad of different issues, like excessive alcohol consumption or inappropriate behaviour, that can sometimes occur at these events. Workplace expert Michelle Gibbings outlines some of the issues you need to think about when organising the work Christmas party.
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11/30/2022 • 7 minutes, 43 seconds
Business networking in the new world
In the post-pandemic world, it’s time to ditch small business breakfast networking events and move into the big time. That’s according to business consultant and coach Tristan Wright from Evolve to Grow. He says, while they can suit some, most small business networking events are superficial and lacking in substance, and that going to fewer events attended by bigger players is far more productive.
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11/29/2022 • 8 minutes, 3 seconds
What’s your pre-retirement plan?
It’s sobering to consider that if you retire at the official Australian age of 66, you could live another 20-30 years and while retirement and succession planning might not be on the top of your priority list, it should be. Peter Graham has been in the retirement game for 40 years as a financial planner, retirement coach and owner of Redefining Retirement. He’s talking about why and how to plan for pre-retirement.
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11/28/2022 • 9 minutes, 1 second
Taking the stress out of decision making
Making important decisions in an uncertain environment can not only be crucial to the success of a business but it can also play havoc with the decision-maker’s personal state of mind. Management Consultant Roger Perry explains how to lessen stress when it comes to making important decisions, and how decision makers should stand back and look at how they go about the process.
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11/27/2022 • 9 minutes, 56 seconds
A guide to CBD survival
As the pandemic swept the nation and Melbourne became the most locked-down city on Earth, one small businessman managed to retain his five CBD eateries. Michael Togias — the proprietor of the landmark Mr Tulk café at the State Library in Melbourne — is actually in the process of opening a new CBD café while so many other city businesses have closed. So how has he managed to keep his head above water? He describes his COVID story and explains why he has no choice but to try to expand his business.
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11/24/2022 • 13 minutes, 35 seconds
Evidence-based leadership
A lot of people in leadership positions, including business owners, don’t learn to be good managers. They just get on with it. But, how do you know if you’re a good manager or, heaven forbid, a bad one? Dr Dominic Loughlin has been researching this topic for many years. He outlines some of that analysis in his highly practical book, ‘Be a better manager in 5 minutes a day’.
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11/23/2022 • 11 minutes, 5 seconds
For good or bad - the UGRs driving your culture
The acronym UGRs stands for Unwritten Ground Rules. UGRs drive people’s attitudes and performance in the workplace - but they’re seldom talked about openly and you may have no idea what’s going on behind your back unless you actively check those UGRs out. Steve Simpson can help. He created the UGR concept and has been telling businesses for years that, good or bad, they’re fundamental to company culture and to success.
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11/22/2022 • 12 minutes, 15 seconds
Working 9 to 5? Not the only way to make a living
Despite rapid changes going on all around us, many businesses still cling to the 9-to-5, Monday-to-Friday routine of full-time positions. Part-time employment can be a boon not only for employees but also for the companies that employ them. Flexible work specialist Belinda Morgan wants to change the reputation of part-time work, and not only junior roles – she reckons someone in a senior position should also be able to provide high-end value, while working less than 38 hours a week.
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11/21/2022 • 9 minutes, 37 seconds
Selling with confidence: Overcoming the fear of sales
Sales can be the hurdle some owners just can’t surmount. There are many reasons why people can find sales difficult, but according to business coach and evolve to grow founder Tristan Wright, it all comes down to the sort of confidence that can only come with knowledge. He says knowing a potential customer’s pain points, their market position and how your own product or service can meet their needs can make selling easier and help change the direction of a business.
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11/20/2022 • 7 minutes, 32 seconds
Online opportunities – the sky’s the limit!
Whether you’re in business already, a student, or simply looking for a change, launching an online course could be a path to building you’re own entrepreneurial empire. That’s according to online course guru, Tina Tower, who has written a practical, step-by-step book on the process, ‘Million-dollar micro business: how to turn your expertise into a digital online course’. As the title suggests, you can convert your knowledge into a course for anyone in the world – and make seven figures in the process.
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11/17/2022 • 12 minutes, 26 seconds
90-day onboarding process for new hires
For a lot of businesses, there’s a big difference between what a new hire should understand and what they actually understand. That onboarding debt, as Brad Giles describes it, manifests itself through low retention and poor company culture. But, a proper 90-day onboarding process has proven to help improve the productivity and bottom-line of a business. Brad Giles shares his lesson from his book, ‘Onboarded: How to bring new hires to the point where they are effective, faster’.
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11/16/2022 • 10 minutes, 29 seconds
Balancing your leadership power
Being your own boss is a dream for a lot of people. But are the shackles really removed? Leanne Faulkner, Founder of Fortitude at Work and a small business mental health advocate, explains how to balance the power you have to ensure you don’t alienate customers, clients and staff, while not losing yourself in the process?
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11/15/2022 • 12 minutes, 9 seconds
How do they work so productively?
We all have the same hours in the day, but some highly successful people are able to use that time better than others. Organisational psychologist Dr Amantha Imber wanted to learn more about productivity, so she interviewed hundreds of go-getters on her podcast, ‘How I Work’. She’s just written a book based on the podcast, called ‘Time Wise’. In this episode, she shares some of her podcast guests’ lessons on goal-setting, daily routines and decision-making.
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11/14/2022 • 10 minutes, 6 seconds
Dishing up success
After spending seven years at university studying science and engineering, Michael Togias took a major life turn, setting up his first small business enterprise — a lottery shop on Melbourne’s urban fringe — in the year 2000. Since then, he’s followed his heart into hospitality and his beloved CBD, and now owns six cafes and eateries. Working from his flagship establishment, the landmark Mr Tulk Café attached to Victoria’s State Library, he attributes his survival, and success, to keeping strict cost ratios, respecting his staff, and enjoying his work.
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11/13/2022 • 13 minutes, 6 seconds
Keep calm and keep learning
Playing the long game pays dividends, particularly in tough times. Carving out time for learning and connecting with other business owners is not only important for information gathering, but for your mental health. Leanne Faulkner is a small business, mental health advocate and the Founder of Fortitude at Work. She’s a small business owner, researcher and is completing her PHD in the mental health and wellbeing of micro business owners. She offers some great tips around ongoing learning, navigating networking and where to reach out for mental health support.
References:
Find out more about Leanne and her advocacy work or for support services for you and your small business:
Leanne Faulkner - Founder & Small Business Mental Health Advocate – Fortitude at Work
Support for businesses in Australia
Beyond Blue – NewAccess for Small Business Owners and Heads Up
Australian Small Business Family Enterprise Ombudsman – My Business Health
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11/10/2022 • 9 minutes, 33 seconds
Do you work with a narcissist?
Do you have a narcissist in your business? At first glance, they may be just the cool and confident go-getter you’re hoping for. But, if it turns out that their supposed confidence is pure arrogance, and they’re putting others down to inflate their own ego, you’re probably better off without them. HR expert and CEO of Corporate Dojo, Karen Gately, explains how to recognise a narcissist and how to handle one if they are indeed in the workplace.
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11/9/2022 • 11 minutes, 52 seconds
Making remote working work
The pandemic has certainly changed the working landscape, with CBDs almost becoming ghost towns thanks to the huge number of employees working from home. But should business owners be fretting about whether their workforce is actually working? The answer is a firm “no” according to the founder and CEO of the Evolve to Grow consultancy, Tristan Wright. He says that any leader who is worried about productivity should look at themselves, rather than their employees. Tristan says that if a manager is clearly communicating their expectations, it shouldn’t matter where staff are located.
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11/8/2022 • 8 minutes, 58 seconds
Just don’t do it!
What are the most important things in your life? Do you have enough time to do those important things? For many people they don’t, because they spend too much time on other things that don’t matter. If that’s you, you need to learn how to set limits, and that means saying “no” to things and people that suck our energy. That’s according to productivity Donna McGeorge, who offers her 5 tips on creating more breathing space, so you can focus on the things that really matter.
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11/7/2022 • 8 minutes, 37 seconds
Economic wrap up 2022
At this time every year University of Melbourne Economics Professor, Neville Norman joins us to look back at the year that was, so as to dig out any possible positives that businesses can build on for the year ahead. It’s a big challenge in 2022, which saw a doubling in consumer price inflation, a huge rise in interest rates, a sliding dollar and the shock of both widespread flooding and the war in Ukraine. But Neville does see good news - the Labor government has held back on any “industry damaging” policies, there’s been an energy taxation bonanza and the Reserve Bank seems to be starting to question its own interest rate policies. But most importantly, a forecast “monster” rise in household consumption will benefit many types of businesses, in 2023.
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11/6/2022 • 9 minutes, 45 seconds
21-day sprints to business growth
The tidal wave of the Great Reshuffle has seen a lot of people start their own businesses, many going all in on their side hustles. But of course, starting any kind of business is hard, it’s like running a marathon, made up of hundreds of sprints.
To keep momentum and feel like you’re achieving things along the road to success, Alita Harvey-Rodriguez, Managing Director of the MI Academy, an award-winning digital marketing and customer experience consultancy, offers 3 key areas for business owners to focus on and nail, each within a 21-day sprint.
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11/3/2022 • 7 minutes, 1 second
Sharemarket update – what's up with stocks?
As the economy staggers from worldwide inflation, supply issues, the war in Ukraine and more besides, how is the Aussie stockmarket behaving? Investment expert and founder of Spotee Consulting, Elio D'Amato, says despite the turmoil things aren't that bad. In fact, we’re off to a surprisingly good start to the financial year, compared to a disappointing 2021-22. Also, Elio provides his 'stocks to watch'.
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11/2/2022 • 10 minutes, 24 seconds
Who's your 'Goose'?
Who’s the Goose to your Maverick? The person who’ll be there no matter how close you fly the plane to the control tower? A Goose is someone with whom you have mutual trust, someone who won’t try to fix the situation but just hear you out. Leanne Faulkner is a small business mental health advocate and the Founder of Fortitude at Work. She says that having someone listen without judgment is a fantastic way to care for our mental health as small business owners. She explains how a Goose differs from a business partner or mentor and where to find one.
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11/1/2022 • 9 minutes, 50 seconds
The dos & don’ts of selling up
A business owner spends many years of long hours, hard work and sacrifice to build the business. After all that effort, how do they ensure they get the best price when they’re ready to move on and exit? Well, it mostly comes down to planning properly and avoiding costly mistakes. That’s according to Lawyer Joanna Oakey who details the selling process in her book, 'Buy, Grow, Exit: The Ultimate Guide to Using Business as a Wealth-Creation Vehicle’. She outlines some of the common sales mistakes business owners make.
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10/31/2022 • 8 minutes, 14 seconds
Federal Budget - a look at superannuation
Despite there being no changes to superannuation in this year’s federal Budget, it’s a good opportunity to think about your own super and – particularly SMSF members – to prepare your fund balances to manage tax today and for any possibly future changes. That’s according to tax specialist Michael Jones who discusses some of the current super items, including downsizer contributions, SMSF members’ overseas residency, and non-arms-length SMSF income and expenses.
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10/30/2022 • 11 minutes, 46 seconds
5 impacts of the Great Reshuffle
Since the lifting of lockdowns, the ideas around how we work and indeed why we work, have been thrown into question and rather than ‘The Great Resignation’ it’s actually the ‘Great Reshuffle’
Alita Harvey-Rodriguez, Managing Director of the MI Academy, an award-winning digital marketing and customer experience consultancy, has noticed five recurring themes that require business owners to shift focus in order to attract and keep staff in a candidate’s market.
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10/27/2022 • 8 minutes, 36 seconds
Presenting an experience
It’s not so much what you say, but how you say it – a good lesson for communication in general, and certainly when it comes to delivering a presentation. Dan Williams, Asia Pacific Business Coach for coaching network EOS Worldwide, suggests that people can receive the same presentation quite differently from each other. So to ensure you reach as much of the audience as possible, great content is important, but it’s also about delivering an experience.
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10/26/2022 • 9 minutes, 26 seconds
The cashflow burden on mental health
The latest Working Capital Research report from American Express delivers some of the harsh realities, that people are really hurting out there. Leanne Faulkner, small business mental health advocate and Founder of Fortitude at Work, says it’s important to understand the nuances of small business and not lump the issues into the same bucket as large businesses.
References:
Find out more about Leanne and her advocacy work, or for support services for you and your small business:
Leanne Faulkner - Founder & Small Business Mental Health Advocate – Fortitude at Work
Beyond Blue – NewAccess for Small Business Owners
Beyond Blue – Heads Up
Australian Small Business Family Enterprise Ombudsman – My Business Health
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10/25/2022 • 10 minutes, 44 seconds
Creating space to get ahead
Many of us are so wrapped up in work, that we don’t have the space to think and breathe. That’s not good, not only for our physical and mental health, it doesn’t bode well for our businesses either. Productivity expert Donna McGeorge has five simple things you can do every day to give yourself more capacity, the benefits of which are often felt in the future.
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10/24/2022 • 8 minutes, 24 seconds
Reputation is everything - don’t risk it!
Your reputation is your most valuable intangible asset and critical to sustainable business success. That’s according to Ros Weadman, brand communication and reputation specialist and author of ‘Enhance your reputation: how to build a brand people want to work for, buy from and invest in’. Ros offers her BrandCred Method to building reputation: align your organisation’s culture (what it thinks), communications (what it says), customer experience (what it does), and citizenship (what it gives).
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10/23/2022 • 10 minutes
How do you reward your staff?
The performance of most people at work is influenced by the extent to which they feel acknowledged and appreciated. That’s the view of Karen Gately, CEO of Corporate Dojo, who explains what business owners and managers need to consider when implementing a reward and recognition program. She discusses alternative ways to recognise good behaviour – and it needn’t rely on a monetary reward.
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10/20/2022 • 11 minutes, 42 seconds
Locking in your value for sale
Whether or not you’re looking to sell your business, it’s well worth preparing your business with the intention of a sale. And that means putting protections in place as the business grows, which helps build value and minimise risk. That’s according to lawyer Joanna Oakey, managing partner of Aspect Legal and author of ‘Buy, Grow, Exit: The Ultimate Guide to Using Business as a Wealth-Creation Vehicle’. She discusses some of the areas which businesses owners should protect.
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10/19/2022 • 9 minutes, 36 seconds
How well do you speak?
How much attention do you pay to the way you speak? Do you leave people scratching their heads wondering what the heck you were on about? The ability to persuade and inspire is essential in business, and you do that by the words and sentences you use. Business coach and consultant, Anneli Blundell, has three tips on good verbal communication: think in headlines, employ short sentences, and use simple words.
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10/18/2022 • 8 minutes, 53 seconds
3 myths of productivity
Working harder and doing more is not going to make you more productive. You’ll only be more burnt out if you try to simply increase your workload. No, you need to work smarter, and prioritise those activities that produce the results. Productivity expert and author, Donna McGeorge, outlines three productivity myths that hold us back from delivering quality output. She says that by paying attention to the clock in our body, rather than the clock on our wall, we can do the work at a time when our brain and body are ready for it.
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10/17/2022 • 8 minutes, 32 seconds
What are the attributes to success?
What sets successful people apart from everyone else? What do they have they that we can implement into our own lives? In her research, Mandy Hollway, CEO of Courageous Leaders discovered they possessed common attributes, including resolve, willpower, and determination. She discusses how you too can develop these attributes and apply them to your work and your life.
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10/16/2022 • 8 minutes, 25 seconds
Directors deadine - don't forget to register!
All Australian company directors have until the 30th of November 2022 to apply for a new identification number or face possible penalties. The new Director ID registry is being set up by the government in an attempt to combat fraud. In this episode, the Australian Tax Office’s Director of Onboarding for the scheme, Robin Hayes, explains who needs to apply and how to do so.
Reference:
For more information about who needs to apply for a Director ID and by when, head to the Australian Business Registry Services.
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10/13/2022 • 7 minutes, 57 seconds
The 3 legal documents you must have
As your typical commercial law firm lawyer, Tracey Mylecharane had spent many years representing business clients in litigation and dispute resolution. A lot of the activity could have been avoided had those businesses put their legal houses in order from the start. Tracey discusses three important business documents all businesses should have to prevent falling foul of the law.
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10/12/2022 • 9 minutes, 36 seconds
What to do if you're cyber attacked
The disastrous Optus data breach has shown that no company, no matter how large, is immune from cyber-attacks. Businesses of all sizes are being attacked, with one falling victim every eight minutes in Australia. But what should a business owner do if they find that their website or email or business software has been compromised? Should ransoms be paid? In this episode, the co-founder and Chief Technical Officer for Cynch security, Adam Selwood, outlines the steps every business should take if they come under attack.
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10/11/2022 • 6 minutes, 23 seconds
7 steps to becoming a human manager
What if business owners and managers treated their staff like… humans? Well as far as Mark LeBusque is concerned, not enough workplaces run with humans in mind, expecting a more robotic type response. Mark is a Harvard-trained consultant, author and Founder & Director of The Human Manager. And he has 7 steps to become human managers, with the goal of enabling staff to shine and businesses to grow.
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10/10/2022 • 10 minutes, 20 seconds
Paralysed by indecision
For some people being able to make difficult decisions is an impossible task, others seem to have a knack for it, which inspires confidence in the people around them. Asia Pacific Business Coach for EOS Worldwide, Dan Williams has seen teams freeze during key-decision moments. He says that when leaders fail to decide they fail as leaders.
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10/9/2022 • 8 minutes, 24 seconds
The future of the economy is circular
First-world democracies are not only waking up to the mass consumer wastage crisis but developing an entire economy to support a more sustainable approach to the things we have - it’s known as the circular economy. Yasmin Grigaliunas is an entrepreneurial force and the Founder & Chief Evangelist of Circonomy, formerly The World’s Biggest Garage Sale – a profit-for-purpose business, that’s seen Officeworks acquire a 21% stake.
She talks about the start of her upcycling journey and how the rolling success has meant scaling not just the business, but the broad impact on community. In January of 2022, Yas was also named on the Global 100 Inspirational Leaders list, alongside the likes of Jacinda Ardern, Dr. Anthony Fauci, and Sheryl Sandberg – an enormous achievement.
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10/6/2022 • 19 minutes, 22 seconds
Is your business cyber secure?
With the recent Optus data breach impacting around 10 million Australians, the alarm bells are ringing. People have lost confidence in the brand and customers are concerned about if or how they’ll be impacted. But let’s take a step back, the pandemic sped up the adoption of technology by businesses - there’s now a lot more reliance on computer-based programs and digital tools. And with that comes an increased risk of cyber-attacks. That’s according to the Chief Technical Officer and Co-Founder of Cynch Security, Adam Selwood, who describes the current situation as a “powder keg.” You only have to look at the recent Optus cyber security breach. In this episode, Adam Selwood outlines the steps every business should take to make sure that they are cyber secure.
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10/5/2022 • 8 minutes, 18 seconds
Mid career is not what you think
If you’re looking to hire – like many businesses right now – you probably want someone with experience, right? That makes sense. The mid-career worker is the most sought-after, but what does that mean exactly? Well, as we’re living longer, we’re retiring a lot later; and that means mid-career could be someone in their 50s or 60s. Recruiting specialist Roxanne Calder explains why you should consider the wisdom and experience of workers in their mid-50s and beyond.
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10/4/2022 • 8 minutes, 41 seconds
Free mental health support
With a large number of stressors now affecting small businesses, many owners are feeling an impact on their mental health. With this in mind, the Beyond Blue orgainsation has set up a new service specifically tailored for small business owners called “New Access.” Mental health coach Kirsty Hull is one of many small business professionals Beyond Blue has trained to assist participants go through a free, self-guided six-week course to help build their mental health resilience.
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10/3/2022 • 9 minutes, 44 seconds
People will leave you!
A staff member leaving the business could invoke feelings of sadness, goodwill or even relief. Regardless, it’s important for managers to always acknowledge the departing colleague appropriately. Dan Williams is the Asia Pacific Coach for EOS Worldwide, a global network of business coaches and he outlines four key things to do and not to do when delivering the news to staff.
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10/2/2022 • 8 minutes, 29 seconds
Are your assets protected?
Protecting assets from risk and unnecessary taxation is an art as much as it is a science. That’s according to Nathanael Lee, partner at Mazars — a leading international audit, tax and advisory firm. In this episode, Nathanael Lee explains how he advises his clients on optimal business and investment structures to achieve asset protection and maximise after-tax profitability.
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9/29/2022 • 8 minutes, 4 seconds
What's the big deal about marketing?
In many companies, marketing is often an after-thought, to be done by someone – anyone – who has time on their hands. Marketing guru, Terri Martin, wants to change that mindset, so that businesses prioritise marketing as a lever, which can directly boost the bottom line. Terri has tips on what businesses can do to market themselves better.
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9/28/2022 • 10 minutes, 44 seconds
The benefit of doubt
Can doubt be beneficial or is it just a dampener on innovation and initiative? Dan Williams is the Asia Pacific Business Coach for EOS Worldwide he says that the role of the sceptic is a critical one and often misunderstood. He offers three reasons why doubt is not only helpful but necessary.
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9/27/2022 • 6 minutes, 15 seconds
What does the Jobs Summit mean for small business?
The Federal Government’s Jobs and Skills Summit brought Australians together to work constructively on the challenges and opportunities facing the Australian labour market and economy. Leading the charge for small business at the event was Alexi Boyd, the CEO of the Council of Small Business Organisations Australia. She says she went to Canberra with four main issues in mind: industrial relations reform; migration; vocational training, and digitisation. In this episode, Alexi Boyd explains what was achieved at the summit for small businesses.
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9/26/2022 • 10 minutes, 14 seconds
Satisfy cravings not needs
It’s not enough to satisfy needs anymore. Instead, great marketing organisations are able to satisfy cravings. That’s according to entrepreneur Roy Osing, who says consumers are willing to pay more money for something they crave than for something they merely need. So, ask yourself this: is your product or service so outstanding that people would be willing to travel miles to buy it?
Reference:
For more information about Roy Osing, or to purchase his book, ‘Be Dead or Be Dead’:https://www.bedifferentorbedead.com/
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9/25/2022 • 10 minutes, 11 seconds
How to nurture a unicorn
Surely, there must be something to learn from someone who started a company from scratch and sold it 15 years later for a value of more than $1 billion. Well, David Shein is that someone who is generous to share his business lessons from growing Com Tech Communications (later Dimension Data) as one of Australia’s first unicorns. He outlines his journey in his book, ‘The Dumbest Guy at the Table’. Far from being dumb, though, he’s surrounded himself with very smart people – that itself is a very smart move.
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9/22/2022 • 11 minutes, 10 seconds
Avoiding the price trap
For many in business, it’s hard to avoid the discounting game. When your competitors are all reducing their prices throughout the year and offering seasonal sales, there’s pressure to reduce the dollar figure on your own price tags. Don’t do it, says entrepreneur Roy Osing. Instead, for long-term success, you should aim to add value and provide premium solutions.
Reference:
For more information about Roy Osing, or to purchase his book, ‘Be Dead or Be Dead’:https://www.bedifferentorbedead.com/
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9/21/2022 • 8 minutes, 23 seconds
What you wear reflects your brand
Pamela Jabbour equates uniforms as the great equaliser. That is, no matter how high up or low down you are in the company, you all feel part of the same team, the same brand. That’s just one of the benefits of wearing a uniform, according to Pamela, who is founder and CEO of Total Image Group, which was asked by new Australian airline, Bonza, to design its uniforms.
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9/20/2022 • 9 minutes, 54 seconds
Economy: The Light at the End of Tunnel
There’s some light at the end of the economic tunnel, but not before we have to endure some more pain. That’s according to our regular economics commentator — Economics Professor at the University of Melbourne, Neville Norman. In this latest economic forecast, Professor Norman says further increases in inflation and interest rates, as well as a slowdown in economic growth, are all on the immediate horizon. But he says it’s possible Australia won’t go into recession, and that we’re close to the top of the interest-rate cycle.
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9/19/2022 • 11 minutes, 31 seconds
Urgent! Last day to get your .au domain
It’s an urgent issue that needs to be immediately addressed: Australian businesses now only have until the end of tomorrow, Tuesday 20th September 2022, to exclusively purchase the domain name of their business or brand, ending in the new suffix “.au”. Then the market opens up enabling anyone to purchase the new .au domain of their choice, opening up the possibility of people purchasing your business name domain with nefarious intent. The CEO of the Council of Small Business Organisations Australia, Alexi Boyd, says she fears that many businesses have no idea the deadline is upon us, and is calling for a broader public awareness campaign.
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9/18/2022 • 6 minutes, 37 seconds
Are you in the 8%?
According to the Founder and CEO of the Strategic Anarchy business consultancy, the “eight percent” describes that segment of the business community that goes beyond just wanting to create financial success. She helps guide and grow companies dedicated to excellence and making the world a better place. In this episode, Leela Cosgrove describes how she came up with her “eight percent” philosophy, and how her team uses it to promote business growth through sales and marketing.
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9/15/2022 • 11 minutes, 14 seconds
Crafting great job ads
It’s challenging for companies across most industries to find people right now. An increasingly popular tool is LinkedIn, where people tend to post a comprehensive list of their work history, like a traditional resume. LinkedIn also allows you to post a job ad, says Karen Gately, CEO of Corporate Dojo. Karen explains what to include in an ad, and how to sift through, hopefully, the tonne of applications you receive.
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9/14/2022 • 9 minutes, 15 seconds
Do you feel like an imposter?
Do you often feel like you’re a fraud or a fake? Perhaps you started your business because you were good a particular thing, but then you question whether you’re any good at running a business. These are signs of Imposter Syndrome, and if left unchecked they could impact the very thing you’re unconfident about: your business. Behaviour change expert Suzanne Mercier says there is a cure – she outlines what you can do if you think you suffer from the dreaded Imposter Syndrome.
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9/13/2022 • 10 minutes, 26 seconds
Latest cyber security threats for business
According to government figures, a new cyber-attack happens in Australia every eight minutes, and according to the Chief Technical Officer and Co-Founder of Cynch Security, Adam Selwood, it’s a situation that is only getting worse. He says that three in five businesses have already suffered an attack. In this episode, Adam Selwood explains how businesses can brace for potential impact, and where most vulnerabilities lie.
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9/12/2022 • 7 minutes, 17 seconds
Hiring people who like people
No matter how wonderful your product is, consumers will remember your brand through their experience with it, be it good, bad or ugly. So, it’s imperative you have people-loving people on the front line, insists entrepreneur Roy Osing, who discusses his own hiring technique. He asks candidates a certain question – some answers leave him with goosebumps!
Reference:
Find out more about Roy Osing, or purchase his book, ‘Be Dead or Be Dead’:https://www.bedifferentorbedead.com/
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9/11/2022 • 11 minutes, 23 seconds
We'll meet again
One of the many things that quickly diminished due to COVID and lockdowns, was our networking skills. Alan Manly OAM, CEO of Group Colleges Australia, encourages us to brush off the cobwebs and reconnect with others face-to-face. He unpacks what’s needed to get back into the herd and network effectively.
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9/8/2022 • 9 minutes, 28 seconds
4 ways to creatively build your business
If you communicate, you create and your left brain certainly gets a workout. Building a business is hard work, but taking time to be creative shouldn’t be overlooked. Samantha Parvin is Founder of Parvin Music, a licencing and consulting business that’s connects brands with some of the world’s best musical talent. Sam offers four tips to help grow your business and bring balance to your life.
Reference:
Contact Sam at Parvin Music for a creative approach to music licensing for your business.
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9/7/2022 • 11 minutes, 17 seconds
Debunking leadership myths
Leadership isn’t all about grandstanding or showing off to prove how charismatic you are. In fact, Roy Osing says, you want to be almost boring, in the sense that you want to make the lives of your employees easier. The “charismatic leader” is just one of the myths that Roy debunks. He’s spent 40 years in executive leadership, including as President and CMO of a telecommunications company, which he took from start-up to $1 billion in annual sales.
Reference:
For more information about Roy Osing, or to purchase his book, ‘Be Dead or Be Dead’: https://www.bedifferentorbedead.com/
Business Essentials Daily is produced by:
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9/6/2022 • 10 minutes, 37 seconds
Being your best change manager
As the Buddha once said: “Nothing is forever except change.” But change in a business context can still be met with resistance, rather than acceptance. Change Specialist Esther De La Cruz says business owners need to lead by example and work on their own resilience before they can be their best change manager in the workplace. She says that, by leading with empathy and compassion, the worst resistance to change can be successfully overcome.
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9/5/2022 • 9 minutes, 38 seconds
The rise and rise of women in business
According to government figures, more than a third of Australian businesses are owned by women and that proportion is rapidly growing. But female entrepreneurs still face hurdles not encountered by their male counterparts. That’s according to the Founder and CEO of Strategic Anarchy, Leela Cosgrove, who is one of the most active Australian advocates for women in business. She says that, while it is far more difficult for women to get venture capital or credit, it is home life, and the expectations of male partners, that is proving to be the biggest obstacle.
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9/4/2022 • 15 minutes, 3 seconds
How captivating are you?
There’s nothing quite like the display and performance of the male peacock. In her book, ‘How to persuade’, Michelle Bowden uses the Captivating Peacock as one of her four archetypes of persuasion. In business and in life, how you appear and communicate can directly impact the level of enthusiasm and passion in others.
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9/1/2022 • 12 minutes, 28 seconds
The truth about trust and bad behaviour
Is the idea that trust should be earned and not given, an outdated one? And who has the right to call out bad behaviour I the workplace? Well, Mark LeBusque is a Harvard-trained consultant, and Founder & Director of The Human Manager and he has some strong advice for both and ultimately strengthen the circle of trust.
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8/31/2022 • 8 minutes, 24 seconds
Preparing for external investment
The year-old Australian Business Growth Fund, which is a public-private partnership between the federal government and big banks, is already investing tens of millions of dollars in SME expansion. In this episode, the organisation’s CEO and MD, Anthony Healy, explains what businesses can do to qualify and prepare for a multi-million-dollar cash injection in return for a minority stake holding.
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8/30/2022 • 8 minutes, 2 seconds
Going for leadership gold
Research shows that more people are disengaged at work than those who are enthusiastic and committed to their work and workplace. Why is that? And as a boss, how do you motivate your own team to perform at their best? Performance and leadership coach, Dan Haesler, has worked closely with elite athletes and corporate leaders. His new book, ‘The Act of Leadership’ offers practical, techniques for leaders to get the most out of their people.
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8/29/2022 • 11 minutes, 55 seconds
The business case for lower emissions
An acronym on the lips of an ever-increasing number of businesses is ESG – Environmental, Social and Governance. Much of the focus on the environmental component is reducing carbon emissions. Mazars Financial Advisory Partner, Owen Dingle, explains how being environmentally responsible makes business sense.
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8/28/2022 • 13 minutes, 6 seconds
How persuasive are you?
How persuasive are you really? Do you struggle to win more business? Do you want to get better at convincing others of your ideas? Well, if you cultivated some persuasion techniques into habits, you’ll feel more confident to win over the other party. Presentation guru Michelle Bowden spells this out in her latest book, ‘How to Persuade: The skills you need to get what you want’.
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8/25/2022 • 11 minutes, 18 seconds
Retaining your staff during change
Change is inevitable, but managing it badly can lead to the loss of top staff. So change specialist and director Esther De La Cruz has some advice for you: be as transparent and communicative as possible and you may very well retain some of your workforce. Esther says the responses to change are largely biological, so keeping this in mind when formulating a change strategy is a recipe for success.
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8/24/2022 • 10 minutes, 47 seconds
Bring purpose to your meetings
How often do we hear that there’s never enough time in the day? Often, right? Well, perhaps if those meetings were purpose-driven, you and the rest of your team could get more important work done. Leadership and productivity expert Scott Stein says it might help to adopt one of four meeting types – that way, the attendees’ time isn’t wasted and you can you can achieve greater outcomes.
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8/23/2022 • 8 minutes, 24 seconds
When should you restructure?
Change may not always be comfortable but often circumstances demand it, as the last few years have demonstrated. James Smith, CEO at digital agency Smith Brothers Media says there’s often key moments or tipping points, when restructuring your business becomes inevitable. So what should business owners look for and when is a good time to change?
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8/22/2022 • 7 minutes, 5 seconds
Maximising social media ROI
The social media landscape has changed dramatically in the last couple of years, and businesses need to embrace a new reality. That’s according to the Growth Director for the Attention Experts social media agency, George Hawwa. In this episode, George shares some important tips on how to make an impact in the new environment.
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8/21/2022 • 9 minutes, 42 seconds
What makes a good business coach?
There are many types of business coaching, whether it’s for you, your team, or the front-line staff. That’s according to Les Watson, who outlines what you should expect from a business coach. Good coaching, he says, is an investment, not a cost – and you can use a coach in any stage of your business journey.
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8/18/2022 • 9 minutes, 4 seconds
How smarter tech can give you the edge
Keeping up with technology is not just for enthusiasts or developers. Being aware of new technology in your industry, that streamlines process or enhances user experience is critically important, because, as James Smith, CEO of digital agency Smith Brothers Media says, if you’re up to date, your competitors will be, which could mean you’re already behind. James explains how to stay ahead of the game.
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8/17/2022 • 7 minutes, 12 seconds
Why a hybrid workforce is here to stay
One thing COVID has taught us is that for many businesses work can be done from anywhere. A hybrid model of working is here to stay, says leadership expert Scott Stein. Scott identifies five global trends which are accelerating hybrid workforces. The hybrid model, he points out, embraces different work spaces, not just the home or office.
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8/16/2022 • 10 minutes, 27 seconds
Protecting your business from a disgruntled employee
Karen Gately, CEO of Corporate Dojo, has seen some horror behaviour from employees who have exited a business. Sometimes, a disgruntled employee who is let go might seek revenge by exposing inner secrets of the organisation. That’s just one example. Karen says you want to make sure that any redundancy you do is handled well, with respect and within the law. Otherwise, the costs and reputation to your business can cut deeply.
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8/15/2022 • 10 minutes, 47 seconds
Are you really e-invoicing?
Today marks the start of eInvoicing week which includes a series of events designed to promote this relatively new way to bill your customers. The event is being coordinated by the Australian Tax Office, which is charged with ensuring software providers consistently implement the new eInvoicing standard adopted by the Australian government and to encourage and help businesses adopt the technology. The ATO’s eInvoicing Project Business Adoption Director, Relationships Manager, Larissa Walker, explains the benefits of starting to eInvoice, from cyber security to prompt payments.
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8/14/2022 • 13 minutes, 36 seconds
Do you have the right mindset for sales?
Sue Barrett likens sales prospecting to maintaining a fitness regime: for best results you need to do it regularly and consistently, and not just when you feel like doing it. What stops us from picking up the phone to prospect is a fear of being rejected. Sue says you need to change your mindset and have a healthy belief that your sales is benefiting you and your potential customers.
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8/11/2022 • 9 minutes, 39 seconds
3 ways to attract social media engagement
The way social media works has changed dramatically over the past couple of years, and most businesses need to adapt the way they promote themselves. That’s according to the Growth Director for the Attention Experts agency, George Hawwa. He outlines his three methods of attracting engagement on social media, explains how businesses should see themselves as content providers, and explains how savvy managers can collect the identities of visitors so as to target them for later promotions.
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8/10/2022 • 13 minutes, 2 seconds
Harnessing the power of word of mouth
Consumers trust word of mouth 2.4 times more than branded content. With this in mind, James Smith, CEO of digital agency, Smith Brothers Media, believes that making people feel like they’re part of the experience, and having users generate their own content for your brand can be a match made in heaven.
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8/9/2022 • 8 minutes, 21 seconds
Four ways growth capital can expand your business
There are four ways small businesses can benefit from an injection of growth capital. That’s according to the CEO and MD of the Australian Business Growth Fund, Anthony Healy. He says swapping a minority share of your business for an large injection of capital can help SMEs accelerate their growth, open new business opportunities, free up resources and provide additional expertise and access to new networks.
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8/8/2022 • 8 minutes, 39 seconds
5 hacks to getting your emails opened
How often have you sent an email unsure whether the person you sent it to would read it? Most of us blithely type an email and click ‘send’ hoping for a good result. Problem is, with so many emails in their overflowing inbox, yours might not ever be opened, let alone acted upon. Productivity and leadership expert Scott Stein, has five mini hacks to help guide the recipient to open and read your email. It’s detailed in his latest book, ‘Leadership Hacks: Clever Shortcuts to Boost Your Impact and Results’.
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8/7/2022 • 6 minutes, 42 seconds
Is your business customer centric?
New businesses that survey potential customers, and established businesses that make a customer blueprint, are setting themselves up to become a customer-centric success. That’s according to Ruchi Gupta, Founder and CEO of The Launchpad Co. She says that too many small businesses fail to do their due diligence and can rapidly improve their prospects by increasing the value of their customer experience.
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8/4/2022 • 9 minutes, 8 seconds
Intrigue Marketing – keep them wanting more
With just seconds to grab people’s attention and make an impact, intrigue marketing is one way business owners can cut through the daily advertising clutter. James Smith, CEO of digital agency, Smith Brothers Media, says any business can do this, just think creatively, be brave and give something new a go!
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8/3/2022 • 7 minutes, 39 seconds
The 7 best ways to waste your time
Just where does the time go? Do you find that no matter how much you try to get on top of things, there’s just not enough time in the day? Productivity expert Les Watson sees a lot of people are wasting time on things they don’t even realise. Les – also known as the Time Lord – helps us identify seven time-wasting activities, so that we can get more time to work on the things that matter.
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8/2/2022 • 12 minutes, 7 seconds
How to get your hands on capital for growth
A new public/private partnership — backed by the major banks — has invested more than $50M in growth equity for a selection of Australian SMEs, propelling those businesses to a new level. The Australian Business Growth Fund (ABGF) promises millions of dollars of growth equity to businesses with good prospects in return for a minority share and mentoring. The ABGF’s CEO and Managing Director, former NAB executive Anthony Healy, says the sky is the limit for enterprises that can meet a strict set of criteria.
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8/1/2022 • 12 minutes, 47 seconds
Building your brand value on social media
Building brand value, rather than brand awareness, and understanding algorithm requirements, is the secret to success on social media. So says George Hawwa, Growth Director of social media marketing agency, Attention Experts. George says the social media landscape has changed dramatically in the last couple of years, and that “likes” and “shares” are no longer a metric of success. He advocates telling your business back story, in compelling ways, to foster business.
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7/31/2022 • 12 minutes, 38 seconds
Handling rude behaviour
Have you noticed an unwelcome spike in the number of rude encounters? It may result from the anxiety of living with COVID these last few years, as well as the uncertainty of income and the threat of catching the virus. That’s according to organisational psychologist and leadership expert, Joe Hart. He explains what you can do if you are confronted by a rude customer or if one or more of your team snaps at someone.
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7/28/2022 • 8 minutes, 51 seconds
We’re all human – let’s tell our stories
We all have stories to tell – they may reveal our vulnerabilities, our very personal thoughts and feelings, but we shouldn’t be afraid to tell them because those who work around us, or who buy from us, will respond positively. Colin Pearce reminds us that we’re not just business people, we’re human beings too!
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7/27/2022 • 8 minutes, 52 seconds
Help available for small businesses
As the inflationary squeeze on small business combines with the effects of COVID on the marketplace, there has never been a better time to look for alternative sources of income. The Founder and CEO of The Launchpad Co, Ruchi Gupta, says businesses in many sectors can draw on help from a broad range of sources, from philanthropy to grants and business accelerator programs. Ruchi describes the most likely candidates and where to start looking.
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7/26/2022 • 8 minutes, 49 seconds
6 principles of great leadership
With 13 years’ experience as CEO at iconic Australian fashion brands, Sportsgirl and Sussan, Colleen Callander is a leader who walks the talk. She says that leadership is inside all of us – you just need the tools to let it shine. Those tools can be found in her book, ‘Leader by Design: Be empowered to lead with confidence in business and in life’. She shares her lessons from 30 years in the fast-paced and competitive retail industry.
Reference:
Colleen Callander’s book, Leader by Design:https://www.colleencallander.com.au/book
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7/25/2022 • 11 minutes, 34 seconds
The art of SEO
Search Engine Optimization — or SEO — is crucial for any business with an online presence, but many business owners find it daunting. The Studio Hawke company specializes in improving SEO for its clients, and its General Manger, Lawrence Hitches, says there are plenty of things a business can do to rank higher on Goolge Search Results. He advises businesses to look at the structure and efficiency of their websites, and that, with a bit of work, it’s possible to master what he calls the “art” of SEO.
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7/24/2022 • 8 minutes, 4 seconds
Sold! From start-up to acquisition
Jordan Fogarty was just 13 years old when he raised more than $100,000 for domestic violence and women’s refuges. That’s just one example of his life-long entrepreneurial flair, that latest of which is the phenomenal growth of his technology company, Be Media. Launched in 2013, Be Media helps Australian businesses get access to Web3, NFTs and the metaverse. Jordan explains the keys to its success, and how it was acquired recently by Hong Kong-based, Animoca Brands.
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7/21/2022 • 11 minutes, 3 seconds
When your stars align...
Do you know what you really stand for? Perhaps you’re too busy running your business to ask such deep-seated personal questions. But delve deep you must! says John Di Natale, mentor, keynote speaker and author, because these days it’s more important than ever to consider what you represent. It’s all part of personal branding, he says, it’s important for business, and by the way, it’s not just about you anymore anyway – now the whole team needs to get involved.
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7/20/2022 • 9 minutes, 17 seconds
The power of video testimonials
The vast majority of people consume reviews before they purchase, particularly big-ticket items. What we now know is that a video testimonial or review will give an even more powerful incentive for people to buy. Ainslie Williams, CEO of Reel.Reviews, says those visual cues, body language, tone and emotion in video provide a more authentic and compelling form of persuasion than a written review.
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7/19/2022 • 10 minutes, 5 seconds
The sky's not always the limit
Colleen Callander is a self-confessed recovering workaholic. Indeed, her hard work, street smarts and passion for retail catapulted her to the heights of CEO of Sportsgirl and Sussan. But, on the way to the top, she had faced burnout by saying yes to everything and not giving herself a moment to stop and recharge. Today she understands the importance of setting boundaries to maintain physical and mental health.
Reference:
Find out more about Collen Callander and purchase a copy Colleen's book, Leader by Design
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7/18/2022 • 9 minutes, 43 seconds
Should you give a pay rise?
Have you considered offering pay rises to your staff to reflect the rise in inflation? There’s a lot to consider, including whether you can afford it, whether your staff deserves it, and what the right salary is for your industry. HR expert Karen Gately says the discussion you have about pay shouldn’t be done in an ad hoc way – it should be prepared well in advance and discussed with employees at the right time during the year.
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7/17/2022 • 11 minutes, 44 seconds
5 ways to boost profits
Too often we’re fixated on finding new customer leads. It’s what sales guru Tony Gattari calls “lead madness”. First and foremost, he says, you need to be able to accurately measure the different variables in your sales and marketing process: customers, transactions, and average dollar sales. If you increase the variables by 10%, you could potentially increase your profit margin by 61%, without having to spend a cent.
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7/14/2022 • 9 minutes, 3 seconds
Beware unethical self promoters
Have you come across an unethical self-promoter? You know the one: someone who claims to know everything, lies compulsively, talks about him or herself, offers too-good-to-be-true promises, and takes advantage of others. They’re not just salespeople, but sales – for whatever reason – seems to get tarnished by the same brush. Sue Barrett, CEO of Barrett Consulting Group, points out the tell-tale signs of an unethical self-promoter, and what to do if you are confronted by one.
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7/13/2022 • 10 minutes, 16 seconds
Inflation insights
The Reserve Bank of Australia is in the spotlight as its board moves to combat inflation by hiking interest rates — in spite of having promised not to do so. But can the bank have any real effect on inflationary pressures coming from outside Australia? Melbourne University Economics Professor Neville Norman says the RBA needs to take its foot off the brake now or it will risk taking Australia into a recession. He offers advice to small businesses on how to prepare.
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7/12/2022 • 10 minutes, 15 seconds
Storytelling provokes a chemical high - it's science!
If you want to connect – to truly connect – with the people around you, start telling stories. Because storytelling is a powerful way to reach people at a much deeper emotional level - just ask Colin Pearce. He’s spent a lifetime telling stories and relating their importance in the business setting. It’s scientific, he’ll tell us, as our dopamine, oxytocin and our endorphin levels all start working overtime!
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7/11/2022 • 10 minutes, 28 seconds
Be your best CEO
Many small business owners spend too much time and money outsourcing core tasks like sales and marketing when they should have a handle on them themselves. That’s according to management coach and consultant Leela Cosgrove, who is the Founder and CEO of Strategic Anarchy. Leela says that, if you want to be a good CEO, then sales and marketing are YOUR job, and that to be a good manager, you must get out of your “specialist headspace.”
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7/10/2022 • 10 minutes, 28 seconds
Free digital coaching
Several recent surveys have shown that a huge proportion of Australian SMEs have yet to make the transition to selling online. And of the firms that have tried, many have digital management platforms that are not integrated, leading to some software being neglected or ignored. In an effort to transform the sector, the Federal Government has funded training firm Navii Digital to offer free digital coaching to small businesses keen to enjoy the efficiencies and growth that integrated digital systems can bring. Navii’s General Manager, Despina Karatzias, explains how it works.
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7/7/2022 • 9 minutes, 49 seconds
Mental ill-health – a first aid response
The tough road out of mental ill-health is not to harden up and soldier on. Joel Clapham found that out in the saddest of ways when at the age of 35, his father took his own life. Joel was 16 at the time and severely impacted by his dad’s death. His biggest fear was that he would “follow the same script”. Instead, he’s taken a different road and has founded Hearten Up – helping others, and himself, by being open about mental ill-health. And now he’s taking it to the workplace.
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7/6/2022 • 12 minutes, 44 seconds
Statistics and support for small business
Economic figures published by the government are leaving small businesses behind, according to the CEO of the Council of Small Business Organisations Australia, Alexi Boyd. She says that, because data is used to form policy, it is crucial that statisticians start breaking down measurements by sector, and that government should start demanding figures that reflect what small business is actually experiencing in the economy.
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7/5/2022 • 9 minutes, 14 seconds
Making the tough calls
Being a coach and umpire at the highest level of elite AFL sport has taught Jeff “the Giesch” Gieschen a thing or two about leadership and the nurturing of star performers. Now he’s transferring those lessons to the business world. Leadership’s tough, he’ll tell us, but fairness, empathy and team spirit are paramount if you want to move from good to great.
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7/4/2022 • 12 minutes, 36 seconds
Don’t be #1…be the ONLY one!
Despite the intensity of competition and the power of consumers, it surprises Roy Osing that most businesses are doing very little to differentiate themselves from their competitors. Many resort to the same clap-trap and aspirational statements. If you really want customers to notice you, Roy recommends using the ONLY statement, i.e., “We’re the ONLY ones that…”. Roy Osing is a former company president and entrepreneur with more than 40 years executive leadership experience. He’s also the author of several books, including his latest ‘Be Different or Be Dead’.
Reference:
Follow the link for more information about Roy Osing, or to purchase his book, ‘Be Dead or Be Dead’: https://www.bedifferentorbedead.com/
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7/3/2022 • 12 minutes, 33 seconds
8 ways to increase the value of your business
Who wants a more profitable and stress-free business? We all do, right? Well, Tony Gattari of ActionCOACH has eight ways in which you can build a business with more value, and which allow you to free up more of your time. Not only will it be a better business, but a potential buyer will pay top dollar for it.
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6/30/2022 • 8 minutes, 26 seconds
If your brand was a Hollywood actor… Part 2
An online brand personality helps build an authentic connection with your market. That’s according to Joel Gerschman, CEO of Digital Pilot and The Change Coach, who’s identified 12 personality archetypes to help businesses achieve growth online. Joel outlines the six components to build a successful brand strategy.
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6/29/2022 • 8 minutes, 8 seconds
If your brand was a Hollywood actor… Part 1
Is your business an all-round nice-guy Tom Hanks type, a fun Adam Sandler, or maybe an elegant Cate Blanchett? Business coach and digital marketing guru, Joel Gerschman, reckons that adopting a Hollywood archetype can help you differentiate yourself from the competitive online world. Joel Gerschman is a leading business coach, best-selling author, co-founder of Digital Autopilot and CEO of The Change Coach, one of Australia's leading digital marketing agencies. He runs through 12 archetypes, all of which convey a meaning to help customers relate to a brand.
References
Find out more about Joel Gerschman and his digital businesses at Digital Autopilot www.digitalautopilot.com.au and The Change Coach: www.thechangecoach.co
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6/28/2022 • 11 minutes, 41 seconds
Exploring new overseas markets
One of the biggest factors holding businesses back from expanding overseas is not knowing where to start. Well, according to Cynthia Dearin of Dearin Associates, you could be missing out on massive opportunities if you don’t give it a go. Don’t rely on your gut feel. To be successful overseas, she says, you need crystal clear vision, a powerful plan and the momentum and resources to make it happen.
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6/27/2022 • 10 minutes, 24 seconds
Going for government grants
With thousands of government and other grants being offered at any one time, applying for funds can be a fast way to expand small businesses, or keep them thriving. However, with thousands of businesses applying for each available grant, the process can seem intimidating. The Founder and CEO of The Launchpad Co, Ruchi Gupta, says the key to success is to know where to look for available grants, and then seeking advice and help when it is required.
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6/26/2022 • 8 minutes, 34 seconds
Immediate invoice payments
The Commonwealth Bank, which has about one million small business customers, has come up with what it calls an industry-leading new technology, that allows owners to draw credit from their unpaid invoices. The new product, called Stream Working Capital, promises to unlock capital so that businesses can put extra cash to work. The bank’s Executive General Manager for Small Business, Clare Morgan, explains how drawing immediately on unpaid invoices could revolutionise the way small businesses manage their cashflow.
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6/23/2022 • 9 minutes, 41 seconds
Are you open to what's possible?
As a businessman, John Wood built Fleetwood Corporation – the largest integrated company of its type in Australia, with caravan parks, park homes, lifestyle villages and much else in between. Then he walked away. Disillusionment set in, followed by a hiatus in John’s life as he explored what really matters in business and life. John discovered a transformative way of thinking. It opened his eyes to what’s really possible, and now he’s helping others in business open their eyes too.
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6/22/2022 • 14 minutes, 12 seconds
6 steps to business growth
If you are looking to sell your business, you need to build it to a stage that it can run without you. Even if you don’t want to sell, it’s still a worthwhile goal to shoot for. So says Tony Gattari, who has joined one of the world’s largest business coaching franchises, ActionCOACH. Tony takes us through a 6-step process to build growth, a formula which has been tried and tested by ActionCOACH and its thousands of client companies.
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6/21/2022 • 10 minutes, 27 seconds
The true measure of customer loyalty
How can you turn the fantastic customer experience you offer into a goldmine? We’ve heard from Darrell Hardidge, CEO of Saguity before, about striving to provide a 10 out of 10 client experience. So, when it comes to selling your business, he says that accurately documenting the results of extreme client loyalty can make a significant impact.
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6/20/2022 • 9 minutes, 13 seconds
5 disciplines of great teams
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6/19/2022 • 9 minutes, 47 seconds
Show me the money
Barriers to growth are many - none more so than finding capital. Small businesses in particular struggle to find extra money to fund growth because of a lack of time and resources. Business mentor, John Di Natale offers some interesting alternatives to the traditional means to raising capital.
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6/16/2022 • 8 minutes, 20 seconds
Customer communications tips
It’s a new world of communication for small businesses, with customers demanding time and attention on their own platforms and on their own terms. And according to Elise Balsillie, Australian Head of the Thryv business software company, any owner or manager who doesn’t do the work to quickly talk to their customers is being left behind. She says businesses today need to build channels so that communicating with customers becomes seamless, and that businesses need to embrace change if they want to build a sustainable business into the future.
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6/15/2022 • 9 minutes, 22 seconds
Packing punch into your message
It’s much tougher to get your message heard these days among all the other messages vying for customers’ attention. Harry Mills, CEO of The Aha! Advantage, says your messages must pass the SAUCE test to pack the punch needed in these days of information overload. It’s detailed in his book, ‘Secret Sauce: How to Pack Your Messages with Persuasive Punch’. Your sales message must be simple, appealing, unexpected, credible, and elicit an emotional response.
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6/14/2022 • 7 minutes, 46 seconds
The 7 management archetypes
A manager needs to embody a group of distinct archetypes if they are to reach their full potential, according to recruitment expert and Director of the Talent X agency, Marnie Jones. From the pusher to the mentor, the trainer to the policeman, Marnie Jones explains her seven management archetypes and why embracing them all can lead to a better workplace, the retention of staff, and higher profits.
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6/13/2022 • 8 minutes, 16 seconds
Build a better culture
Culture is often regarded as an advantage of world-class organisations. But, how do you build a great culture and how much does it rest on the person at the top? Business coach Shane Hatton addresses this in his new book, ‘Let’s Talk Culture: the conversations you need to create the team you want’. He discusses five types of conversations leaders should have with their team to help bring their culture to life.
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6/12/2022 • 10 minutes, 49 seconds
Trustees under the ATO spotlight
Discretionary trusts have been popular structures among family businesses and other groups because of their flexibility, their protection against assets, and their limited tax consequences. Evan Beissel of Mazars says you need to be aware of a new guidance proposed by the Australian Tax Office, which has set its sights on trustees. Evan explains what this all means and what trustees should be thinking about when planning distributions.
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6/9/2022 • 8 minutes, 42 seconds
The sales tool of self-persuasion
The old rules of selling won’t cut it any more as consumers become more savvy and far more cynical. CEO and sales guru, Harry Mills of The Aha! Advantage offers a technique which aims to have consumers persuade themselves to buy.
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6/8/2022 • 11 minutes, 6 seconds
How to retain your top talent
The labour crisis gripping the small business sector is putting many owners on edge. Not only can they not find new workers, but there is also a constant concern that top talent could be poached at any time. Recruitment expert Marnie Jones says it’s not just a matter of offering higher wages, and that the best staff can be retained if a company is willing to look at its policies and make changes.
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6/7/2022 • 8 minutes, 24 seconds
Pause before you partner
All the best intentions in the world won’t fix problems down the track if you’ve failed to do proper due diligence. As a lawyer, Jennifer Irwin-Persson has seen a lot of business relationships left in messy and costly break-ups — most of which were avoidable if proper planning was considered in the first place. Jennifer is Principal of JIP Legal, and she explains what small business owners should think about and discuss with a potential business partner before committing — and the list is a long one!
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6/6/2022 • 10 minutes, 27 seconds
Saving money through automation
If you haven’t already, it’s time to automate the repetitive tasks in your business. That’s according to Elise Balsillie, Australian Head of the Thryv business software company. She says most Australian businesses are missing out on sales and growth because they spend too much time on tasks that could be automated. And she says that although the thought of automating might be daunting, the costs of not doing it can be significant.
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6/5/2022 • 9 minutes, 10 seconds
Beating the labour crisis
The labour crisis being experienced across Australia appears to be getting worse. Marnie Jones, who is an expert in the field and director of the Talent-X agency, calls the current predicament a “vicious cycle.” But she says clever business owners can still stand out from the crowd and attract top staff, with an audit of current employees being the best place to start.
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6/2/2022 • 8 minutes, 23 seconds
Embrace the deviants in your business
Those mavericks in your business who do their own thing might be just the people who make changes for the better. Darrell Hardidge of SAGUITY calls them 'positive deviants' and if you think you don’t have any in your business, you might be surprised. Once you find them, Darrell says, you first need to properly engage them to make the most of their talent.
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6/1/2022 • 8 minutes, 39 seconds
Make "work from home" work
With staff shortages a big issue in recent times, it’s important to keep your staff happy and motivated so they don’t walk out the door. One thing we’ve learnt during COVID is that working from home has been beneficial to a lot of employees. Many want to continue with that arrangement. But how do you do it well, so it’s a positive for the staff, the boss and the business? Workplace expert, Jo Alilovic discusses her six-step ‘REMOTE’ framework to support a thriving and distributed team.
Reference
For work-from-home resources, go to http://homeforcebook.com/
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5/31/2022 • 10 minutes, 4 seconds
Stop procrastinating – start planning
The bigger the project, the harder it can be to stay focused – but there are strategies to tackle procrastination. Productivity expert, Dermot Crowley, walks us through those exercises. He says learning how to reduce or eliminate distractions will help keep you focused. Dermot insists on having a plan, otherwise you might be tempted to react to whatever or whoever comes your way.
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5/30/2022 • 9 minutes, 15 seconds
Election: economic effects
Labor is facing some huge external economic challenges that will help to define the new government, according to Melbourne University economics professor Neville Norman. COVID lockdowns are now over, and the economy is recovering with healthy growth, but with the spectre of higher inflation and interest rates, as well as demands for wage increases, it’s a rocky road ahead for the Albanese government. And Neville Norman says investors need not worry about tax reform, because the ALP is gun-shy after losing last time.
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5/29/2022 • 11 minutes, 2 seconds
Cash rate: where to from here?
They said they wouldn’t, but we all knew they would. So, it didn’t come as a big surprise when the RBA announced its cash rate increase from 0.1% to 0.35%. Still low by historical standards, Greg Keady of APW Partners explains what the hike means to investments, including bonds, deposits, and property.
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5/26/2022 • 10 minutes, 36 seconds
The power of stories to influence
Business leaders need to find better ways to influence others to navigate the world these days, but how?
Gone are the days of ‘hard power’ of command and control – it just doesn’t work in business. ‘Soft power’ of engaging and consulting is better, but takes time. Author Yamini Naidu says a powerful way to influence and inspire staff and customers is through story-telling, by grabbing emotion and connecting with the heart.
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5/25/2022 • 9 minutes, 8 seconds
Don't dodge digitisation!
Small business owners who haven’t yet gone digital are wasting more than a day in every week. That’s according to the Head of the Thryv business software company, Elise Balsillie. She says that although the thought of digitizing tasks is incredibly intimidating for some, even taking the first steps can save time and money. She says the trick is to do it in stages — starting off with your company’s biggest “pain points.”
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5/24/2022 • 8 minutes, 6 seconds
Drive out your doubts
A little doubt can be a good thing, but too much can stop growth and cripple your business. Coach and keynote speaker, Terry Barridge says confidence comes from doing things you’re familiar with, but if you’re taken out of your comfort zone, do you lose all confidence? In a changing business environment, future leaders need to move out of their comfort zone more often and learn to handle their doubts. Terry has some tricks on how to battle the negative self-talk, build confidence and exorcise those doubt-driven demons.
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5/23/2022 • 8 minutes, 42 seconds
Post-COVID: a need for sharper focus
Differentiation is fundamental in an increasingly commoditised marketplace, insists consumer behaviour analyst Barry Urquhart. COVID has led consumers to be more socially isolated, which has resulted in more scrutiny of the choices available. You need positive cashflow to reinvest in marketing your product’s point-of-difference in order to succeed long-term.
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5/22/2022 • 12 minutes, 24 seconds
Join the good culture club
An increasing number of business owners are realising that a good workplace culture is important for business health and success. Problem is, they’re not sure what they can do to improve their company culture. To help is culture change specialist, Colin Ellis, who shares a whole range of ideas from his latest book, ‘Culture Hacks’.
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5/19/2022 • 11 minutes, 47 seconds
5 key financial mistakes to avoid
After two years of a pandemic roller-coaster, with interest rates set to rise, and an election to rock things further, now’s time to focus on your business’s finances. Leading Australian financial advisor, Helen Baker, gives her top five financial mistakes businesses should avoid.
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5/18/2022 • 11 minutes, 44 seconds
More ways to free up time
Start on time, finish on time and have an agenda. Sounds simple, but how often do we find ourselves in meetings that don't follow these three principles?
Les Watson, author of ‘Get Back An Hour In Every Day’, discusses how to free up your time at work by following some wise management strategies, along with some innovative ideas to relieve time pressures.
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5/17/2022 • 8 minutes, 10 seconds
Resilience hacks - boost your wellbeing
Fleur Heazlewood reckons that our race for more is reducing ourselves to less. Our health and wellbeing is the ‘less’, while the ‘more’ is the endless cycle of being busy. The answer, she says, is to prioritise our own wellbeing; if we do that, everything else will fall into place. Fleur shares some practical tips from her book, ‘Resilience Recipes: Making space for wellbeing that works’.
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5/16/2022 • 10 minutes, 23 seconds
"How about a discount?"
After 30 years of experience, one of Australia’s best real estate agents knows exactly how to navigate the "fee reduction?" question.
If you can explain why your service is better than your competitors, you shouldn’t have to compromise on price. James Tostevin’s passion for his job and disciplined work ethic helps explain why he is so good at what he does, which translates into phenomenal success. And the lessons he gives to Business Essentials can be applied to any business.
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5/15/2022 • 11 minutes, 57 seconds
Dealing with self-entitled employees
A self-entitled employee is someone who thinks they should be paid more, who always wants promotions, the best opportunities, bonuses and take holidays only when it suits them. Often, a self-entitled employee is not particularly good at what they do, they do less work than their peers and add less value. So, how do you handle them? Workplace expert Michelle Gibbings says you need to address their behaviour regularly and methodically. She steps us through the types of conversations bosses should have with them and how to guide their thinking and expectations.
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5/12/2022 • 9 minutes, 37 seconds
Know your customers? Really?
Focus less on the attributes of your products and services, and more on the way they make your customers feel.
So says Michael Solomon, author of Consumer Behaviour: Buying, Having and Being. He explains, with examples, how it’s important to put yourself in the shoes of your customers to gain a thorough understanding of what they really want from you. He also sheds light on how traditional consumer behaviour is shifting from owning to borrowing, and the blurring of online and real-world consumption.
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5/11/2022 • 11 minutes, 13 seconds
10 pillars of the new small business charter
In an effort to steer public policy toward supporting small businesses, a peak organisation has drafted a 10-pillar Small Business Charter for lawmakers to follow. The CEO of the Small Business Association of Australia, Anne Nalder, says the charter has been distributed to politicians and public servants from local, state and federal governments. It is a list of guidelines for decision makers across governments to adhere to when formulating policies, so that small businesses end up having a better experience.
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5/10/2022 • 9 minutes, 23 seconds
Hot leads from cold calls
Preparation is so important to telephone sales – have a script, write down key objections, but most importantly "master your mindset". That's the advice from Ashleigh Hoult, founder and director of The PromoDonna. These days a lot of businesses are reluctant to do cold-calling as a business strategy and have lost the art of speaking on the phone. That paves the way for others who understand the benefits of cold-calling, so long as they know the tricks to get to the decision-maker and make a compelling case for your business.
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5/9/2022 • 13 minutes, 14 seconds
4 keys for effective communication
How we communicate matters very much to business success. It has the potential to influence awareness, understanding, trust, respect and engagement inside the workplace and ultimately staff’s willingness to collaborate. That’s according to Karen Gately, CEO of Corporate Dojo, who outlines her four key priorities to effective communication.
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5/8/2022 • 10 minutes, 34 seconds
Turning bosses into leaders
Show humility, be open and transparent, and be comfortable within your own skin. Those are some of the qualities of good leadership. Tony Gattari, Founder and Managing Director of Achievers Group, says charisma isn't necessarily the way to achieve great leadership – instead it's making yourself vulnerable and open with your team, and having brutally honest and fearless conversations to build mutual respect.
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5/5/2022 • 8 minutes, 7 seconds
Small business opportunities in India
A new free trade deal with India has opened up a massive market for Australian small businesses, according to the CEO of the Small Business Association of Australia, Anne Nalder. And she says it’s not too difficult to start selling to India’s massive, and growing, middle class, which is hungry for Australian goods and services. Anne Nalder describes the steps that need to be taken.
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5/4/2022 • 11 minutes, 42 seconds
Making mistakes matter
A little doubt can be a good thing, but too much can stop growth and cripple your business. Coach and keynote speaker, Terry Barridge says confidence comes from doing things you’re familiar with, but if you’re taken out of your comfort zone, do you lose all confidence? In a changing business environment, future leaders need to move out of their comfort zone more often and learn to handle their doubts. Terry has some tricks on how to battle the negative self-talk, build confidence and exorcise those doubt-driven demons.
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5/3/2022 • 8 minutes, 31 seconds
The credit glass ceiling
Access to credit is a significant impediment for the two-thirds of new Australian businesses that are run by women. That’s according to the Australian Small Business and Family Enterprise Ombudsman, Bruce Billson, who says more than 40 percent of women in business say their lack of access to capital is a big barrier to growth. Mr Billson says the system is “wired for blokes,” not supportive of women entrepreneurs, and that public awareness of the problem is crucial to overcoming what is a massive drag on our economy.
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5/2/2022 • 9 minutes, 15 seconds
Why do your customers choose you?
There are four key questions that a business owner needs to ask themselves about why their customers choose their business. That's according to Dan Williams, who is the Asia Pacific Coach for EOS Worldwide, a global network of business coaches.
In this episode, Dan Williams explains how studying your customers can lead to insights and increased profitability.
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5/1/2022 • 9 minutes, 30 seconds
Are you digitally engaged?
The common thread for business survivors of the pandemic is their relative digital engagement, according to Bruce Billson, the Australian Small Business and Family Enterprise Ombudsman. Mr Billson says digitally engaged SMEs are more nimble and robust. He says businesses that have become digitised are 50 percent more likely to be growing, and that it is imperative for hesitant owners to move into the digital world, pandemic or not.
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4/28/2022 • 10 minutes, 50 seconds
Want to grow? Get prospecting!
Don’t give up - do it regularly and consistently and you'll reap the benefits. Just like an exercise regimen, prospecting for clients can be daunting - particularly the cold-calling side. But prospecting is more than just cold-calling, and if done properly it can be bring real benefits to your business. Ingrid Maynard knows - she’s had more than 25 years' experience in sales and she advises businesses on lead generation through her company, The Sales Doctor. Ingrid explains what it takes to be a great prospector.
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4/27/2022 • 9 minutes, 39 seconds
Rethinking agency contracts
The good old days in agency land saw long lock in contracts, mark ups on media buying and the money flowed. At a time when there are more ad, digital and PR agencies than ever, James Smith, CEO of digital agency Smith Brothers Media, explains why there’s a shift in monetization strategy across the industry.
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4/26/2022 • 12 minutes, 7 seconds
What do you suck at?
Many businesses are being held back because their owners either can't, or won't, identify what they are bad at. That's according to Dan Williams, Asia Pacific business coach for EOS Worldwide, a global network of business coaches. Dan says it is crucial for business owners to identify what they "suck" at. He says that by slowing down and taking stock of everything you do, it's possible to identify tasks that you either hate or are bad at. Only then can you work on solutions, which may include outsourcing.
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4/25/2022 • 8 minutes, 20 seconds
Should you outsource payroll?
Payroll is a task which must be done to ensure employees are paid the right award and are paid on time. Is it better to perform this important function in-house, or does it make more sense to outsource it? Donavin van Rooyen, a partner at Mazars, discusses some of the key reasons business decide to outsource their payroll function, as well as other accounting tasks that could be done by a third party.
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4/24/2022 • 6 minutes, 17 seconds
Plan for long-term, prepare for short-term
We’re living in a quick and changing world; and the rate of uncertainty has made it difficult to plan for the long-term. But plan we must, says an optimistic Nigel Collin. You must find the right balance of planning for the future with the flexibility of shifting course when storms approach. Nigel, who’s weathered many business squalls over the years, offers some guidance for others in business for the rest of this year and beyond.
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4/21/2022 • 10 minutes, 42 seconds
Are weak processes killing your company?
Business Coach Dan Williams says he can chalk up most business failures to weak processes. An Asia Pacific business coach for coaching firm EOS Worldwide, he says successful firms need to have strong processes at their core, otherwise their possible growth and ability to scale will be hobbled. And he says strong processes will lead to fewer people leaving the company.
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4/20/2022 • 8 minutes, 46 seconds
How to handle a bad Google review
Google has become almost synonymous with the internet. For many people, it’s the first place they go to find out about a business’s product or service, especially Google reviews. But, what can you do if you receive a bad Google review? Marketing consultant Jessie Weatherley goes through the steps, depending on whether it’s a legitimate or fake review.
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4/19/2022 • 11 minutes, 24 seconds
How to tackle a changing world
A few years ago, Australian Rules football legend, Rodney Eade, changed his coaching boots for the corporate sector, offering businesses lessons in leadership, especially around the area of change.
Rodney's venture is called Facing Change – a timely initiative as the world of business transforms as never before. Like team sport, he's found building a strong culture in the workplace helps bring the best out of everyone and improves the bottom line.
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4/18/2022 • 9 minutes, 53 seconds
Time's ticking - 5 months to get your .au domain
Australian domain names are getting a major face lift. From March this year, you will be able to purchase the shorter and simpler “.au” equivalent of your current “.com.au” domain. You have until 20 September this year to do so before someone else does. Web designer Leigh Ericksen discusses the process and what you should do with the old .com.au.
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4/17/2022 • 8 minutes, 33 seconds
Beyond COVID... now’s the time to plan!
It’s extraordinary how nimble businesses have been in their response to the crises brought on by COVID, says strategist and facilitator Rosie Yeo. But the pandemic has also held businesses back from planning for the long-term. Rosie is author of ‘Go for Bold: How to create powerful strategy in uncertain times’. She outlines her three Cs to building strategy: creativity, clarity and consensus.
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4/14/2022 • 10 minutes, 14 seconds
Making yourself memorable to customers
Some of Australia’s best-known and largest companies are some of the worst exemplars of customer service. That’s according to Milton Collins, Principal of The Action Business Coach. He says one of the biggest mistakes is forgetting or ignoring what the customer wants. Milton discusses all this from his recently released book, ‘Delight, Disrupt, Deliver: Grow your business using the power of small surprises’.
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4/13/2022 • 9 minutes, 43 seconds
7 conversations to have with staff
Mandy Holloway isn't a fan of your typical performance management appraisals which allow managers to hide behind a system.
Instead, she says, managers should talk with their staff more often and in a meaningful way. Mandy outlines the seven types of conversations you should have with your team members on a regular basis to help motivate them and ultimately increase the business's performance.
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4/12/2022 • 8 minutes, 32 seconds
The talent lottery
Attracting staff in a hot jobs market is a huge problem for businesses across the country. The Asia-Pacific Business Coach for coaching network EOS Worldwide, calls it the “talent lottery.” Dan Williams says employers need to become more astute, find ways to engage new recruits and offer them something they can be part of. He says direct and friendly conversations with staff about their desires, outside of regular job appraisals, can make a big difference. And he stresses that learning why people leave your company is crucial for business self-improvement, and to retain other staff members.
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4/11/2022 • 8 minutes, 30 seconds
Disasters - planning for the worst
This country of fire, drought and flooding rains has certainly lived up to its reputation in recent years, and according to scientists, things could get a lot worse. We hear a lot in the news about households that have been affected by natural disasters, but what about small businesses? The Australian Small Business and Family Enterprise Ombudsman, Bruce Bilson, has recently toured Australia’s regional disaster zones to answer that very question by holding 36 community consultations. What he found was that many businesses need to be more tuned in to what can happen in a disaster, and he offers advice on how to plan, prepare and become more resilient.
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4/10/2022 • 12 minutes, 18 seconds
Power to the people!
The frontline of business is customer service. That's where we engage with customers and – hopefully – persuade people to buy. But, why do some frontline staff fail?
It comes down to a lack of empowerment, according to customer service expert, Michael Carrick. When people feel empowered, they're much better at helping others. When we take care of our own people, Michael insists, our people will take care of our business.
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4/7/2022 • 11 minutes, 27 seconds
Delegate to do more
Accepting that you can safely delegate to trustworthy staff can be difficult for some small business owners. But not handing work over to your employees can actually hold a business back from attaining its true potential. That’s according to business coach Tristan Wright, who says leaving one’s ego at the office door and delegating tasks to others, can lead to better physical and mental health outcomes for the business owner, staff empowerment, and ultimately a more productive, prosperous business.
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4/6/2022 • 7 minutes, 52 seconds
2022 Federal Budget review
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4/5/2022 • 9 minutes, 36 seconds
Stop! It's a scam!
Be aware of Business Email Compromise (BEC) scams warns tech expert, Steve Sammartino. He says that scams like these are increasing as improved technology allows scammers to impersonate you and your business. Steve explains what they are and how to protect yourself from them.
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4/4/2022 • 13 minutes, 40 seconds
2022 Budget take aways
With an election looming, the federal treasurer Josh Frydenberg delivered a budget focused on cost-of-living measures. Michael Jones of Mazars examines the budget from the perspective of family business and self-managed super funds. He says that budget time is always a good opportunity to reassess your own tax and financial situation with support, of course, from your accountant.
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4/3/2022 • 11 minutes, 44 seconds
Recognising your own blind spots
A combination of ego, overconfidence and, at times, ignorance, can lead to business blind spots. That’s according to Tristan Wright, a business coach and founder of Evolve to Grow. He says the way to find your own business blind spots is by becoming humbler and speaking directly to every member of your workforce. And he says asking for ideas for improvement and graciously accepting constructive criticism can expose issues business owners may not have otherwise seen.
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3/31/2022 • 9 minutes, 32 seconds
Making the call
Sure, most things today are done digitally and online, but when it comes to building relationships and sourcing quality leads, answering the phone can in in fact be the answer. James Smith, CEO at digital agency, Smith Brothers Media explains why businesses need to lift their game when it comes to picking up the phone.
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3/30/2022 • 9 minutes, 18 seconds
Does your new idea have legs?
Many "new" ideas already exist in some form or other — does yours bring something better to the market? Business Adviser and Author, Alan Hargreaves, has three rules to test a new idea for success: Is it needed? Does it work? Can it be done better? Alan insists if your idea provides more convenience for consumers, it might be a winner.
Reference:
Find out more about the three rules in Alan’s book ‘Management reboot: 52 ideas to make things happen’
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3/29/2022 • 8 minutes, 24 seconds
Shielding yourself from burnout
Australians have one of the highest rates of burnout in the world. So, how do workers and leaders handle the emotional, physical and mental exhaustion caused by excessive and prolonged stress? Mark Butler, a specialist in workplace mental health explains how to prevent burnout, and what to look out for if you or your team are suffering.
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3/28/2022 • 9 minutes, 59 seconds
Building a pharmacy empire
Even though, as Simon Reynolds says, Pharmacists are scientists who are released into the retail world with no business training, he’s still managed to build a business that now groups together about one fifth of the pharmacies in Australia. Starting with his father’s two pharmacies in Western Australia, he’s spent the last 20 years building the extremely successful Pharmacy Alliance company, which is a member-based organization providing the benefits of scale to independent pharmacists. Flying by the seat of his pants and without a business plan, he says the secret to his success has been his ability to spot opportunities and then act on them.
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3/27/2022 • 11 minutes, 40 seconds
Don't underestimate the sales follow-up
There’s a goldmine of extra income a lot of businesses are missing out on because they don’t follow up effectively. Sales expert and founder of BOOM Sales!, Trent Leyshan, reckons businesses haven’t implemented a proper follow-up process or structure. Trent explains how to follow up, using both traditional and digital methods.
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3/24/2022 • 8 minutes, 39 seconds
Overcoming your business obstacles
Business owners can be their own worst enemies if they have a fixed mindset. That’s the view of Tristan Wright, a business coach and founder of Evolve to Grow. He says the way we are brought up can give us a blinkered view of the world and our own abilities. Tristan also says self-belief, the development of good habits, thinking laterally and embracing challenges can all be ways to remove obstacles in the life of a small business owner.
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3/23/2022 • 9 minutes, 5 seconds
Wellbeing and the competitive advantage for business
Your staff really are your number one resource, so to make sure you attract the best talent and are able to hold on to them, looking after them holistically is going to give your business a competitive advantage. Lyndal Hughes, is a senior executive at Q5 Partners, an international award-winning consulting firm that specialises in "organisational change". She explains why Wellbeing is so integral to the culture of a business.
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3/22/2022 • 11 minutes, 44 seconds
Combatting labour shortages
Borders may have opened and most COVID restrictions dropped, but sometimes drastic labour shortages are persisting for many businesses. With about 750 pharmacies to manage, as well as a head office of 65, Ann-Maree Chadwick has experienced the problem first hand. Ann-Maree is the manager of People and Culture for Pharmacy Alliance, which is one of Australia’s largest pharmacy groups. In this episode she outlines the problem small businesses are facing, and offers some sound strategies for retaining staff, as well as finding new people in a competitive environment.
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3/21/2022 • 16 minutes, 13 seconds
9 ways to manage underperforming people
As much as we'd wish it, not all staff are high achievers. In fact, some people don't perform up to scratch. So, what can you do about them?
Karen Gately, CEO at Corporate Dojo, has nine solutions to get those underperformers on track. It's about acting early, decisively and honestly, and it's about being able to handle an upfront conversation to deal with performance issues.
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3/20/2022 • 9 minutes, 37 seconds
Fear not! Sales isn't scary
As a business owner, have you let the sales process fall by the wayside? If you’re like many others, perhaps what stops you from selling is fear. Well, according to sales guru Trent Leyshan, you need to regain your mojo. Afterall, he says, sales is the lifeblood of any company. Trent is founder of BOOM! Sales and author of two sales books, Outlaw and The Naked Salesman. He outlines the three key steps you need to take to go from fearful to fearless in sales.
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3/17/2022 • 10 minutes, 25 seconds
5 tips for improving organisational health
While staff health is of vital importance as we head back to work, the health of your business is just as crucial. With the flux of the last couple of years, where are things really at, how are things really operating and how healthy is your organisation? Tom Leary, Partner and MD at Q5 Partners, an international award-winning consulting firm that specialises in "organisational change", discusses how to tell if it’s time for a business health check.
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3/16/2022 • 11 minutes, 38 seconds
Digital v Personal Touch
As a result of COVID-19, the big push these days is to go digital in our marketing and communication with customers. But are there inherent dangers in this? Are we forgetting how to interact with our customers on a personal level? Veteran marketing expert and founder of Marketing Focus, Barry Urquhart, says digital communications is just a part of a broader mix of building relationships with customers.
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3/15/2022 • 11 minutes, 36 seconds
ATO sets sights on private groups
As the ATO grows in size and its collection of data is becomes more sophisticated, Nathanael Lee of Mazars, expects more audits and reviews from the tax office. Currently, it has a spotlight on private groups, including medium and emerging private groups with wealth over $5 million dollars. Nathanael explains an ATO review process and how to prepare for one if you’ve been approached for a review.
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3/14/2022 • 11 minutes, 8 seconds
Protecting your business against Russian cyber attacks
As a matter of urgency, Australian businesses are encouraged to adopt an enhanced cybersecurity posture. In other words, be prepared for an attack from Russian cybercriminals, warns the Australian Cyber Security Centre. IT specialist Zaun Bhana, says the Australian government’s support for Ukraine and sanctions against Russia, is likely to increase cyber-attacks on our shores. Zaun outlines what businesses can do to protect their systems from the threat.
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3/13/2022 • 11 minutes, 7 seconds
The character test for success
It’s a fine line: having the perseverance and grit to constantly manage a business, without succumbing to burnout. Andrew May, CEO of StriveStronger, recognises the challenge businesses face and says looking after your physical and psychological wellbeing is paramount to a healthy business. He says you shouldn’t ignore the signs that your body and mind might be suffering.
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3/10/2022 • 8 minutes, 22 seconds
I'll drink to that! How I built a multi-million-dollar pub empire
When you find what you love and you can make a buck form it, you’ll never ‘work’ another day in your life. That’s according to Stephen Hunt, whose success stems from a $100 beer garden in his parents’ backyard to building a $100-million beer empire decades later. Stephen’s Hunt Hospitality has a portfolio of seven pubs on Australia’s east coast and employs 350 people. He explains how he has turned good pubs into great pubs, and how passion and drive have led to his success in business.
Reference
Listen to 'The History of the Australian Startup Ecosystem' podcast:https://w2d1.com/subscribe
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3/9/2022 • 11 minutes, 22 seconds
Finding one more hour in your day
In a world that just keeps getting busier, how do we find time to get through our daily tasks? Switching the notifications pings off your computer and mobile phones is one suggestion.
And there are many other strategies from Les Watson, Time Lord and author of ‘Get Back An Hour In Every Day: The A-Z of Being More Productive’. Another is prioritising your tasks by ditching or delegating the less important work. Or even saying No!
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3/8/2022 • 10 minutes, 46 seconds
Rules around casual employment
It’s more important than ever to have a written employment contract in place with all your staff, and that includes your casual workforce. That advice is from lawyer Paul Cott, who discusses the rules around casual employment of which business owners should be aware. They include leave entitlements, superannuation, and a cap on the number of hours a casual can work.
Reference
Listen to 'The History of the Australian Startup Ecosystem' podcast:https://w2d1.com/subscribe
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3/7/2022 • 11 minutes, 55 seconds
The great reassessment
A huge proportion of Australian small businesses will be re-assessing their viability over the next couple of months, and many will close. That’s according to Alexi Boyd, the CEO of peak industry body the Council of Small Business Organisations Australia. She says that many small business owners are exhausted because of the pandemic and will be reassessing their viability. And she says that unless governments come up with better, more tailored assistance, the fabric and soul of what makes communities unique may be lost as big chains take over from small and family-owned businesses.
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3/6/2022 • 8 minutes, 43 seconds
Reinventing yourself - body, mind and business
Tony Gattari has always been known as a sales guru extraordinaire, from his time at Harvey Norman, where he increased turnover in its computer division from $12 million a year to well over $500 billion. Today, he’s as well known as the guy who’s lost a heck of a lot of weight and is now a specimen of health. Tony explains why maintaining a healthy regimen has been wonderful for him both personally and professionally.
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3/3/2022 • 9 minutes, 36 seconds
Mitigating COVID at work - the health advice
Who’d have thought, after more than two years we’d still be talking, thinking and take precautions against COVID? And now, finally, the country is tentatively opening up: the doors are open for international visitors, there is less reliance on QR codes and face masks, and even WA is coming back into the fold. Of course, it doesn’t mean COVID’s disappeared completely. It’s still lingering, there are still hospitalisations, and there’s always a threat of new strains. And, so, what should you do to mitigate against the virus? Well, according to Dr Catherine Kelaher, an advisor to the federal department of health, it’s worth considering a risk assessment for your workplace.
FREE WEBINAR
COVID MERRY-GO-ROUND: SEARCHING FOR BUSINESS WINS!
A panel of industry experts discuss both the challenges for business and how to address them from the perspective of people, business and health.
The panel discussion will be introduced by Neville Norman, Professor of Economics, The University of Melbourne.
DATE: Tuesday, 8 March 2022TIME: 0730 – 0830PANELISTS:- Dr Catherine Kelaher - Principal Medical Advisor, Office of Health Protection, Australian Government Department of Health, ACT- Rhonda Andrews, Managing Director and Principal Psychologist, Barrington Centre- John Di Natale, Mentor, Keynote Speaker, Coach and Author
Register for the free webinar at:COVID merry-go-round: Searching for Business wins! Tickets, Tue 08/03/2022 at 7:30 am | Eventbrite
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3/2/2022 • 8 minutes, 41 seconds
Don't forget the fundamentals of selling
The fundamentals of selling still exist, but salespeople need to fine tune their skills and techniques to get to their prospects earlier in the decision-making process.
That's according to sales and business growth advisor, Rob Hartnett. You need to train your sales staff to be better, he says, in order to create new opportunities, capitalise on them and grow your business.
Reference:
Rob Hartnett, robhartnett.com
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3/1/2022 • 9 minutes, 16 seconds
How to attract more people into the workforce
The drastic labour shortages that have been affecting small businesses are “peaking” and should start to resolve soon, according to the CEO of the Council of Small Business Organisations Australia (COSBOA), Alexi Boyd. She says that while it is still the number one problem for small businesses, the “top of the curve” has been reached. Opening international borders will help, but COSBOA says long-term structural taxation change is needed to help people who want to work more hours get the financial incentives they need to do so. And she says that while rapid antigen tests are now cheaper and more available, some businesses are still struggling to keep their workforce and customers safe.
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2/28/2022 • 9 minutes, 4 seconds
The brave new business normal
COVID has brought with it a tsunami of change to our lives, and it’s challenged us to adapt and find opportunities that we would otherwise not seize if the world was in it’s slow-moving normal state. That’s according to John Di Natale who offers his three big factors that emerge from a crisis, like our current pandemic: the way we show up; the way we work; and the way we change.
FREE WEBINAR
COVID MERRY-GO-ROUND: SEARCHING FOR BUSINESS WINS!
A panel of industry experts discuss both the challenges for business and how to address them from the perspective of people, business and health.
The panel discussion will be introduced by Neville Norman, Professor of Economics, The University of Melbourne.
DATE: Tuesday, 8 March 2022TIME: 0730 – 0830PANELISTS:- Dr Catherine Kelaher - Principal Medical Advisor, Office of Health Protection, Australian Government Department of Health, ACT- Rhonda Andrews, Managing Director and Principal Psychologist, Barrington Centre- John Di Natale, Mentor, Keynote Speaker, Coach and Author
Register for the free webinar at:COVID merry-go-round: Searching for Business wins! Tickets, Tue 08/03/2022 at 7:30 am | Eventbrite
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2/27/2022 • 9 minutes, 47 seconds
Investment Overview
The stock market has seen a woeful start to 2022. In fact, according to Elio D’Amato, founder of consultancy firm Spotee, January was our largest market decline in 40 years. Elio discusses what the volatility means to investors, and he guides us through his stocks to watch.
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2/24/2022 • 12 minutes, 4 seconds
Supporting teams at a tumultuous time
It’s been a tumultuous two years for business across the country, and even now things don’t seem to want to settle. The uncertainty in the market, including staff shortages, supply issues, rising prices, and the twists and turns of COVID, have made it increasingly difficult for businesses to cope. So, where to from here? For guidance, we hear from leading corporate psychologist and Managing Director of Barrington Centre, Rhonda Andrews.
FREE WEBINAR
COVID MERRY-GO-ROUND: SEARCHING FOR BUSINESS WINS!
A panel of industry experts discuss both the challenges for business and how to address them from the perspective of people, business and health.
The panel discussion will be introduced by Neville Norman, Professor of Economics, The University of Melbourne.
DATE: Tuesday, 8 March 2022TIME: 0730 – 0830PANELISTS:- Dr Catherine Kelaher - Principal Medical Advisor, Office of Health Protection, Australian Government Department of Health, ACT- Rhonda Andrews, Managing Director and Principal Psychologist, Barrington Centre- John Di Natale, Mentor, Keynote Speaker, Coach and Author
Register for the free webinar at:COVID merry-go-round: Searching for Business wins! Tickets, Tue 08/03/2022 at 7:30 am | Eventbrite
Business Essentials Daily is produced by:
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2/23/2022 • 10 minutes, 34 seconds
Making the most of peer networks
Yes, we’re time poor, we’re really just trying to get through the day, so the idea of networking with peers might not sound overly enticing. But the investment could save you so much time down the track. Nick Jonsson, Co-Founder and MD of Asia’s number one Executive Peer Network. EGN Singapore, offers five benefits from investing in peer networks.
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2/22/2022 • 7 minutes, 15 seconds
Search Engine Optimisation - make your way to the top
Google processes billions of searches every day. So, how does your website stand out and ultimately reach the top of the search results page? Leigh Hanney, SEO and Analytics Specialist and the Founder of DataCraft Digitial, says it’s a slow burn but there are a myriad of ways to reach people who are searching for the content, products and service you offer.
Business Essentials Daily is produced by:
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2/21/2022 • 13 minutes, 37 seconds
Economic tips & predictions for 2022
With economic figures looking little more than tragic at the moment, Melbourne University Economics professor Neville Norman explains what businesses should watch out for in 2022, and throws in some good advice he’s gleaned from working with larger enterprises. He says sound strategies for all contingencies are a wise and inexpensive exercise to undertake. And he says while we should all watch out for rising interest rates and any COVID developments, he believes a change in government at the upcoming election would make little difference to the world of business in the short term at least.
FREE WEBINAR
COVID MERRY-GO-ROUND: SEARCHING FOR BUSINESS WINS!
A panel of industry experts discuss both the challenges for business and how to address them from the perspective of people, business and health.
The panel discussion will be introduced by Neville Norman, Professor of Economics, The University of Melbourne.
DATE: Tuesday, 8 March 2022TIME: 0730 – 0830PANELISTS:- Dr Catherine Kelaher - Principal Medical Advisor, Office of Health Protection, Australian Government Department of Health, ACT- Rhonda Andrews, Managing Director and Principal Psychologist, Barrington Centre- John Di Natale, Mentor, Keynote Speaker, Coach and Author
Register for the free webinar at:COVID merry-go-round: Searching for Business wins! Tickets, Tue 08/03/2022 at 7:30 am | Eventbrite
Business Essentials Daily is produced by:
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2/20/2022 • 12 minutes, 3 seconds
Breaking down barriers to productivity
To be a better and more productive team member, don't get distracted and don't disrupt others around you. That’s advice from Dermot Crowley, author of ‘Smart Teams: How to work better together.’ Two disruptive patterns we all create at work are emails and meetings. Dermot asks, do you really need to copy someone on a message who doesn’t need it? And, must you always drag someone into a meeting who doesn’t need to be there?
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2/17/2022 • 10 minutes, 39 seconds
Search engine ads - 5 ways to make them work for you
SEM or Search Engine Marketing is paid or pay per click ads, the ones that appear at the top of search engine results pages and drive visitor action and engagement. Leigh Hanney, an SEO and Analytics Specialist and the Founder of DataCraft Digital, is a huge advocate of SEM and he outlines five ways that business owners can build an SEM strategy.
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2/16/2022 • 11 minutes, 57 seconds
Is the office obsolete?
Are you and your staff slowly heading back to the office? (COVID restrictions permitting, of course!) It’s not easy to manage. Not everyone’s as enthusiastic about it as you might be, so don’t be surprised if your request is greeted with a “Thanks but no thanks, Boss - I’ll see you on zoom!”. Leading demographer Mark McCrindle has been researching the latest on who wants to work where, and why, and in the mix of it all there are leadership lessons for us all.
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2/15/2022 • 12 minutes, 33 seconds
Executive loneliness – the smiling depression
It can indeed be lonely at the top with executive loneliness being a very real issue. Exacerbated by the pandemic, executive stress can lead to some very serious consequences. Nick Jonsson is the co-founder and MD of EGN Singapore, Asia’s number one Executive Peer Network. He’s also the best-selling author of ‘Executive Loneliness’, a book he wrote after going through his own challenging period of anxiety and depression, revealing insights about executive-level stress and how he found his way through it.
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2/14/2022 • 12 minutes, 49 seconds
6 priorities for better team performance
If your team isn’t performing as best as it should, perhaps the reason is you. The ingredients to building a successful team comes down to the boss’s accountability, ownership and leading by example. That’s according to Karen Gately, CEO of Corporate Dojo, who offers a six-step solution for leaders to effectively influence the success of their team.
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2/13/2022 • 9 minutes, 51 seconds
Storytelling works!
What's your story? Every business has one, and it will help you better connect with potential customers by telling it. Sales expert Colin Pearce says storytelling works if you want to build brand value. Stories move people and they’re a wonderful way to create memorable experiences about your business which will build loyalty and keep your customers coming back.
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2/10/2022 • 9 minutes, 12 seconds
Hallelujah! 5 tips for website conversions
Rather than the big sales tactics it can be the smallest tweaks to your website that can drive the biggest conversions. Leigh Hanney, SEO and Analytics Specialist and the Founder of DataCraft Digital, explains that Conversation rate optimization or CRO is the enhancement of the website experience for your visitors, thereby increasing the conversion rate from your marketing efforts. Leigh offers his 5 top tips to increase this conversion rate.
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2/9/2022 • 9 minutes, 22 seconds
Boost your super and claim on tax
Changes to superannuation contribution rules means that substantial tax deductions and a boost to your super balance can be made by people finding themselves in the right circumstances. Mazars Australia Senior Manager Joel Orbita says that anyone who has not regularly maximized their super contributions may be able to catch up by increasing their current super contributions using prior year unutilised allowances. This can take the tax sting out of a capital gain!
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2/8/2022 • 7 minutes, 43 seconds
What does sales look like now?
After two years of COVID, retail sales are still down as consumers are more risk averse and less willing to go out and buy. With fewer leads on offer, sales expert Tony Gattari says your sales plan needs to include a better conversion rate than before the pandemic. That includes a combination of traditional off-line activity as well as clever online processes. Tony reflects on the last two years and how COVID has fundamentally changed many industries.
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2/7/2022 • 13 minutes, 29 seconds
Prepare to nail the sale
Sales isn't just about turning up and relying on your instinct or other skills. Each customer is different with his or her own wants and needs, and you need to prepare for each one.
Rachel Bourke of SalesSPACE says salespeople should go through checklists before even stepping into a sales meeting. Rachel's sales meeting preparation pack includes a personal checklist to ensure you look the part and are speaking the language of your prospects.
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2/6/2022 • 8 minutes, 25 seconds
Retirement made simple
Whether retirement is a long way off or just around the corner, it’s something you should always be planning for. But, retirement can be complex. You need to consider investment assets, tax implications, downsizing, superannuation and whether your money will last. Noel Whittaker, Australia’s most trusted finance writer, explains what you need to consider when investing in your future.
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2/3/2022 • 11 minutes, 26 seconds
Piles of success - online rug retailer disrupts the market
Purchasing large household items online is risky. They’re often costly and if they need to be sent back, it’s an effort in time, energy and additional cost. But online rug retailer, Miss Amara, is changing this perception with risk free purchasing. Co-Founders Alexandra Tanya and Aaron Weller explain what’s different about their offering and why their sales figures are through the roof.
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2/2/2022 • 12 minutes, 35 seconds
Going international with your small business
In spite of the pandemic, it’s still a good time to expand your business wings abroad, according to Anne Nalder, the founder and CEO of the Small Business Association of Australia. She says technology now allows even the smallest of businesses to grow by tapping into vast overseas markets. And by starting to generate income from foreign customers, businesses can remain stable when there is disruption at home.
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2/1/2022 • 10 minutes, 2 seconds
Google Analytics - 5 things you should know
Google Analytics can seem intimidating, but without question it should be the foundation for all of your digital marketing - monitoring and guiding you towards successful outcomes. Leigh Hanney, SEO and Analytics Specialist and Founder of DataCraft Digital, offers five ways that Google Analytics can help support your marketing strategy.
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1/31/2022 • 10 minutes, 4 seconds
Be brave - be expensive!
Are you sick of not charging enough for what you do – but you don’t dare jack up your prices in case your customers desert you in droves, then sit back and listen to some salient advice from Australia’s number one business author, Andrew Griffiths. Enough’s enough, he’ll tell you. Be brave and take a leap into “expensive” territory. It’ll transform your business – and your life!
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1/30/2022 • 13 minutes, 32 seconds
Be strategic with your social media
As people spend increasing amounts of time online, it's worth being strategic about how your business uses social media and other online tools to target potential customers. But, how much time do you really need to invest in making it work?
That's one of the biggest misconceptions about using social media, says business consultant, Nicola Moras. Author of a new book, 'Visible'. Nicola says you don't need to be everywhere on social media and you don’t need to spend countless hours posting, updating or sharing content.
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1/27/2022 • 11 minutes, 53 seconds
Heads up about super insurance
Life, income and TPD (total and permanent disability) insurances are often included in a superannuation policy. That might be fine to some people, but it could impact the eligibility requirements and tax paid when a claim is made. Jackie Crane, Life Risk Adviser with Personal Risk Professionals, takes Clive Todd, Partner at Mazars, through the ins and outs of super insurance.
Any information or advice provided is general and does not consider your personal circumstances – it might not be appropriate to your situation. Please seek professional advice before making any financial situation.
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1/26/2022 • 7 minutes, 37 seconds
Shaming big business into paying their bills
Waiting an unreasonable time for big companies to pay their bills could soon be a thing of the past, thanks to the Federal Government’s new Payment Times Reporting Scheme. Under the system, companies will have to publicly disclose how long they are taking to pay their small business clients. Even though it has only become law this year, the small business minister says the scheme has already had an impact, because the big end of town is so worried about being named and shamed.
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1/25/2022 • 7 minutes, 35 seconds
Spice Invader - shaking up an industry
As a health-conscious foodie, Jordyn Evans was unimpressed with the line-up of old, traditional spices and seasonings on the supermarket shelves. They were full of sugars, preservatives and artificial flavours. So, she decided to start her own range - Mingle Seasoning, which is now sitting beside the older brands at Coles, Woolworths and at more than 2000 other stockists across the country. From humble beginnings at her mum’s kitchen table, six years ago, to a multi-million-dollar enterprise today, Jordyn relays the challenges and successes of her business journey.
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1/24/2022 • 12 minutes, 17 seconds
How to deal with angry customers
When a customer is upset with product or service, it’s often the frontline staff who cop the complaint. To ensure a bad situation doesn’t get worse, it’s important to know how to deal with a customer’s difficult behaviour. Customer service expert, Monique Richardson outlines strategies businesses can adopt to handle customers in different challenging situations.
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1/23/2022 • 15 minutes, 2 seconds
5 essentials for first-time managers
There is, as they say, a first time for everything. And that includes stepping into a leadership role. To help first-time managers, we hear from leadership expert Anna Marshall, founder of People Mastery and author of ‘On you marks, get set…LEAD!: A beginner’s guide to people leadership’. She outlines her five essentials for business leaders.
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1/20/2022 • 10 minutes, 28 seconds
Kicking leadership goals
Everyone has a role to play in a winning team — and leadership is an important part of that. Having played 378 games for the Essendon Football Club, footy legend Simon Madden has proven his mettle on the field both as a player and as a leader. And now, as founder of Simon Madden Consulting, Simon advises organisations on how to build winning teams. He says if you can improve your people, you can improve your business.
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1/19/2022 • 10 minutes, 32 seconds
Boosting brain and body for better business
Paul Taylor knows resilience better than most. A current PhD student in Applied Psychology, Paul’s a former Airborne Anti-submarine Warfare Officer in the Royal Navy, a former professional boxer, Australian Fitness Industry presenter of the year, and founder of MindBodyBrain Performance Institute. He offers seven daily rituals that can help boost brain performance and shares his tips on how to build resilience.
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1/18/2022 • 10 minutes, 54 seconds
Keeping the tyre kickers at bay
If tyre kickers are tying up your time seeking quotes and proposals without coming through with the work – then it’s time to call them out. Preparing detailed proposals is a time-consuming part of a sales person’s job. There’s a substantial cost involved, says respected sales expert Sue Barrett, Director of Barrett Consulting Group, and you can’t afford to waste time if that client seldom or never comes back with the goods. Tyre kickers, Sue warns, may be after more than you think when seeking a proposal from you.
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1/17/2022 • 11 minutes, 37 seconds
New rules for company directors
The Federal Government’s new compulsory company directors’ register will be a good thing for small businesses and sole traders. That’s according to Anne Nalder, the CEO of the Small Business Association of Australia. The directors of every company – large and small — are being required to personally register in the new system, which Anne Nalder is calling a necessary evil.
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1/16/2022 • 9 minutes, 19 seconds
Your brand is an asset – use it well!
How does your brand stand out from your competitors? Do you use tired, cliched images on your website, or are you a bit more creative? Brand creator and consultant, Bec Hughes, says to succeed in brand design, you need to provide memorable experiences for your potential customers.
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1/13/2022 • 9 minutes, 25 seconds
Time's money - invest it well!
Yes, we could all manage our time better. And the best way to do it? Kate Christie will tell us that we must stop thinking “management” and start thinking “investment”. Because time is a very precious commodity and we need to make sure we’re getting the best return on it. In fact, Kate, a time management expert and Founder and Director of Time Stylers will tell us that the investment approach will help us recoup 30 hours a month, every month. And what should we do with all that time? Spend on ourselves!
Reference:
Order a copy of Kate Christie’s book, “Me first: the guilt-free guide to prioritising you”
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1/12/2022 • 12 minutes
Family business restructure for the next in line
If you’re thinking about hanging up your hat and passing the business on to the next generation, is the current business structure the right fit for the next in line? Evan Beissel, Tax Partner at Mazars, says it might be worth considering a restructure. He says a major factor in business restructures is tax, which can be mitigated by using the right concessions, including CGT rollover concessions.
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1/11/2022 • 10 minutes, 11 seconds
New years resolution - controlling email
If you don't have strategies to tackle the onslaught of incoming emails, you'll spend even more time trying to find the important ones and be distracted by the ones that are less so.
Email expert Steuart Snooks of Solutions 4 Success has a tonne of tips to manage your emails and get more time back in your day.
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1/10/2022 • 7 minutes, 2 seconds
Predictions for the New Year: Interest Rates & Growth
The coming year looks set to be marked by encouraging economic growth, but also interest rate rises. That’s according to Melbourne University Economics Professor Neville Norman, who says the Reserve Bank urgently needs to break its promise of no new interest rate hikes until 2024 or it may threaten the housing and stock markets.
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1/9/2022 • 10 minutes, 47 seconds
Summer Series: Success in half a second
Writing down your goals is one thing, but following through on them to achieve success is quite another. You could do worse than follow the advice of entrepreneur Matthew Michalewicz. He has developed and grown several technology companies in the US and Australia, his last achieving revenue from start-up to $20m in just 7 years. A much sought-after speaker and now co-founder and managing director of Complexica, Matthew shares his secrets to business and life success.
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1/6/2022 • 11 minutes, 45 seconds
Summer Series: How to handle difficult conversations
As painful as it is, like ripping off a Band-Aid, sometimes you just need to have a chat with a difficult staff member.
It’s never easy to confront an employee with an ongoing problem, but putting it off could lead to the issue worsening over time. Marita Ryan, Director of Marita Ryan Consulting, has some useful tips on how to conduct a critical conversation, which can actually help build trust and respect from the employee and indeed the whole team.
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1/5/2022 • 10 minutes, 14 seconds
Summer Series: Don't box me in!
The labels marketers use to describe consumers no longer serve the purpose they used to. That’s according to customer engagement expert, Michael Solomon, whose book, ‘The New Chameleons’, outlines how consumers defy the categories in which businesses often put them. The world today has made our lives more complex and so too the job of the marketer. Michael says the first step is recognising that demographic dichotomies are disappearing, and that technology has eliminated the need to deal with large, homogenous segments.
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1/4/2022 • 12 minutes, 16 seconds
Summer Series: Being "right" can be oh-so wrong
How can you expect to please your customers when you’re determined to keep putting them “right” all the time? It's easy to fall into the trap of being right, says professional speaker on customer service Martin Grunstein, but that's not what the customer is looking for from you. Martin has examples of sales staff correcting their customers, and of companies enforcing rules that could be pushing people away.
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1/3/2022 • 9 minutes, 20 seconds
Summer Series: Business - it's a marathon!
Imagine setting yourself the challenge to run 250km in the searing heat of outback Australia. What lessons would you learn about yourself that you could apply to other aspects of your life, like your business? That’s what Kay Bretz set out to discover with his first ultramarathon – the Big Red Run in Birdsville – where he beat the race record by five hours. He’s since run multiple ultra-distances and was awarded the Australian Ultra Performance of the Year in 2019. The challenges he’s faced in his sport of choice has helped in many ways with his business success.
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1/2/2022 • 10 minutes, 49 seconds
Summer Series: Overcoming insecurity
It’s something a lot of people would never admit to being. Insecurity manifests itself in many ways but can have a devastating effect if left unchecked and unresolved. Jaemin Frazer has made it his life’s mission to help people overcome their insecurities. He’s founder of The Insecurity Project and author of 'Unhindered: The Seven Essential Practices for Overcoming Insecurity'. In this episode Jamein outlines those seven practices to unlock yourself from self-doubt and fear.
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12/30/2021 • 12 minutes, 49 seconds
Summer Series: Data and the rebuild of hospitality
For many companies, transitioning to more digital processes was something they were considering but not rushing into. COVID has accelerated a digital transition by an average of 6 years, with businesses rushing to incorporate digital strategies, to mitigate for future pandemics or disasters. But what about hospitality, one of the hardest hit industries? Well Paul Hadida, General Manager at SevenRooms explains that rebuilding begins with data and automation.
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12/29/2021 • 9 minutes, 28 seconds
Summer Series: I'll tell you a story
Have your ever wondered how the best salespeople win over their clients? With decades of experience, Mike Adams says the common thread is storytelling. Mike insists stories help establish rapport and trust, inspire action and close the deal. He shares tips from his book, ‘Seven Stories Every Salesperson Must Tell’, based on extensive research and his own international sales career.
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12/28/2021 • 11 minutes, 10 seconds
Summer Series: What does it take to innovate?
Risk taking should be encouraged if you want to see your business innovate. That’s the message from Amantha Imber, CEO of Inventium and author of ‘The Innovation Formula’. In the book she highlights fourteen science-based keys to business innovation and she discusses some very practical ideas that business leaders can immediately implement.
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12/27/2021 • 8 minutes, 59 seconds
Summer Series: Got a good story? Tell it!
What’s worse than having people talk about you behind your back? In a business sense, it can be worse if nobody’s talking about you at all. So, if you want your brand spoken about, it’s best that you control what people say. You can do that by telling your own stories. These days more and more businesses are discovering the powerful benefits of brand storytelling. Gabrielle Dolan is a business storytelling expert who shares ideas from her book, ‘Magnetic Stories: connect with customers and engage employees with brand storytelling’.
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12/26/2021 • 11 minutes, 46 seconds
Summer Series: Making the tough calls
Being a coach and umpire at the highest level of elite AFL sport has taught Jeff “the Giesch” Gieschen a thing or two about leadership and the nurturing of star performers. Now he’s transferring those lessons to the business world. Leadership’s tough, he’ll tell us, but fairness, empathy and team spirit are paramount if you want to move from good to great.
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12/23/2021 • 13 minutes, 10 seconds
Summer Series: Catch of the Decade - The rise and rise of online sales
Because of COVID-19, 2021 has brought immense opportunities for online businesses. Gabby Leibovich describes the current digital market and reflects on his own success of building and then selling the Catch group of companies for more than $1 billion. Gabby and his brother Hezi have written about their journey and they offer more than 200 tips for those looking to build their own digital empire in their new book, ‘Catch of the Decade’.
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12/22/2021 • 7 minutes, 42 seconds
Summer Series: Catch of the Decade - It's all about your people
Much has been said and written about entrepreneurs and the success borne from those committed to building and growing their own business. Less appreciated are the “intrapreneurs” – those talented employees who are as committed to your business as you are. It’s those intrapreneurs that Gabby Leibovich and his brother Hezi recognised and rewarded to help grow Catch, Menu Log, Scoopon, Luxury Escapes, and other businesses, which they sold for a billion dollars about a decade after launching.
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12/21/2021 • 8 minutes, 58 seconds
Summer Series: Catch of the Decade - lessons from a digital titan
In 2006, Gabby and Hezi Leibovich launched Catch of the Day, a website selling just one deal a day. By 2010, it was Australia’s number one shopping site, and in 2019 they sold the business to Wesfarmers for a whopping $230 million. How did they do it? Well, it’s detailed in the brothers’ new book: ‘Catch of the Decade: how to launch, build and sell a digital business’. Gabby shares his tips and his journey over three episodes for Business Essentials Daily.
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12/20/2021 • 11 minutes, 9 seconds
Summer Series: Don't lead with 'crumby' promises
Promising your employees bonuses or promotions, but never following through is known as “breadcrumbing”. The term originates from modern dating, where someone is being led-on with small morsels of interest, like phone calls and texts, but nothing eventuates. Karen Gately of Corporate Dojo says breadcrumbing in the workplace is dishonest, disrespectful and unfair. A more effective way to motivate staff, she says, is by being proactive and clear about individual expectations.
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12/19/2021 • 11 minutes, 21 seconds
Take time to recharge this Xmas
It’s important to have a decent break to recharge the batteries for the year ahead. Business coach Emma McQueen offers her top tips on what you can do over Christmas to prepare for 2022. She also discusses the worthiness of New Year’s resolutions, as well as her outlook for business in the coming year.
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12/16/2021 • 9 minutes, 36 seconds
Are you a bad boss?
There’s nothing good about bad bosses. Often, they are the reason a workplace is toxic, they can lead team members to suffer stress and mental health problems, and they’re the cause of staff turnover. However, bad bosses are not necessarily bad people – and they can learn to be good or even great. That’s according to workplace expert, Michelle Gibbings, who shares lessons from her new book, ‘Bad Boss: what to do if you are one, manage one or work for one’.
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12/15/2021 • 10 minutes, 15 seconds
A healthy you, a healthy business
They say, you are what you eat, and with good reason. The Western diet with its highly processed foods, sugars and salts, can make you feel drowsy, lead to weight gain and even diabetes. Dietitian Kate Save discusses the impact of a poor diet, and she outlines a lifestyle which will make you healthier, happier and more energetic – all of which are important to running a successful business.
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12/14/2021 • 13 minutes, 43 seconds
The cyber threat to business
The world’s cyber criminals appear to have noticed that more businesses have gone online over the pandemic period, with a 13% increase last year in scam activity alone in Australia. And it isn’t only big firms that are being affected. The head of Information and Cyber Security for MYOB, Peter Wolski, gives some advice on how to protect your small business.
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12/13/2021 • 9 minutes, 9 seconds
A new campaign for struggling small businesses
Small Business Australia has launched a new “Keep Well and Buy Local” campaign so as to help businesses struggling as a result of the pandemic. The organisation’s Executive Director, Bill Lang, explains how big businesses are coming to the rescue for some of the half of small businesses fearing for their future.
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12/12/2021 • 11 minutes, 27 seconds
Unleashing your greatest potential
‘It’s All Possible!’ – the book title sums up Rob Hartnett's positive approach to personal development and business. From positive thinking to positive action, he says we can all achieve our dreams.
Rob outlines his four-step possibility system to help us all achieve our goals. He combines his own story of personal development and achievement, with the inspirational stories of other everyday people who have overcome challenges to reach remarkable success.
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12/9/2021 • 12 minutes, 44 seconds
The art of saying no
If you find you don’t ever have enough time in your day, it might be because you are saying yes to everything that comes your way. Business coach Les Watson – aka the Time Lord – says you need to filter out those requests from people that take you away from the important things, whether it’s in your business or in your life. If saying no is just too hard, Les has some tips on how to do it without it coming across as rude or not caring.
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12/8/2021 • 10 minutes, 26 seconds
The phone's ringing - goody goody!
One of the best sales opportunities that's often ignored is customer enquiries from inbound phone calls. Colin Pearce explains how to win long-term loyal customers with his six-P's approach.
When the phone rings in your business, Colin insists, be prepared to answer promptly. And then, be positive from the outset, be precise when scheduling an appointment, be personal, and – most importantly – be polite.
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12/7/2021 • 9 minutes, 59 seconds
Simple Strategies for business success
A coach of coaches, Remi Pearson has built an international training business by practicing what she preaches. In her book “Simple Strategies for Business Success,” she promises to reveal how to dominate markets and conquer competition by giving value to customers, rather than just seeing them as a source of cashflow.
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12/6/2021 • 10 minutes, 5 seconds
Bitter news for the coffee industry
The price of your favourite cup of coffee is about rise by around a dollar thanks to a perfect storm of supply issues, bad weather and changing economics in the countries that traditionally grow the bean. The Managing Director of Café Culture International, Sean Edwards, outlines the reasons behind the price pressures, and looks at the impacts in a café industry that has lost about a quarter of its members due to COVID closures.
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12/5/2021 • 9 minutes, 5 seconds
Beware sociopaths in your business
It might be that you meet someone that comes across as your new best friend, but the charming behaviour of a sociopath is merely a front for their own selfish intentions.
The best thing you can do, says Professor Gary Martin, is not hire them in the first place – but it's not always easy to spot someone with sociopathic tendencies. Professor Martin, CEO of the Australian Institute of Management in WA, takes us through six signs to determine if there’s a sociopath lurking in your business.
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12/2/2021 • 10 minutes, 47 seconds
Disruptive leadership - 4 steps to creating a winning team
By employing what she calls her “Critical Alignment Model” for both herself and her clients, Remi Pearson has built an expanding, international coaching institute. In one of her many books "Disruptive Leadership: Four Simple Steps to Creating the Winning Team," she explains how to question the status quo so as to build better businesses.
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12/1/2021 • 9 minutes, 40 seconds
Has COVID eaten your culture?
If COVID-19 has taught us anything over the last 18 months, it’s the importance of workplace culture. Greg Halse, Partner at Mazars, says now is a good time to connect with your people, and understand what motivates them. It helps to nourish a sense of pride and purpose, and allow social connection to flourish within the team.
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11/30/2021 • 14 minutes, 28 seconds
Taking the Stress out of Decision Making
Making important decisions in an uncertain environment can not only be crucial to the success of a business but it can also play havoc with the decision-maker’s personal state of mind. Management Consultant Roger Perry explains how to lessen stress when it comes to making important decisions, and how decision makers should stand back and look at how they go about the process.
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11/29/2021 • 9 minutes, 56 seconds
7 deadly start-up sins
Start-up life is never easy, but entrepreneurs are born with an innate desire to create and build. There are however some well-worn pitfalls that entrepreneurs keep tripping up on. Tara Shelton is founder of a number of successful businesses, including 'Dream & Do', a creative agency that helps start-ups build their brand and communications. She says that she’s seen it all before — the good, the bad and the ugly — so, she’s identified 7 deadly sins that entrepreneurs keep making but need to avoid.
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11/28/2021 • 12 minutes, 52 seconds
Is efficiency turning your customers away?
Automation and systemisation might work at the supply chain level or in fast-food production, but be careful about being too efficient with your customer communications. You don’t want to ruin your customers’ experience. That’s according to sales guru, Sue Barrett, CEO of Barrett Consulting Group. She outlines the three C’s of customer centric experience: clarity, consistency and communication.
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11/25/2021 • 11 minutes, 54 seconds
Perfecting your pitch
Andrew Ford, Founder of Social Star, has turned the elevator pitch on its head with his own pitch structure which aims to be more conversational. The standard elevator pitch, he insists, is one-directional and lacks true engagement. With practice, your pitch shouldn't feel like selling; instead, it should feel like you're providing answers to someone's questions. The challenge Andrew sets out to solve is getting them to ask you questions.
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11/24/2021 • 8 minutes, 34 seconds
2021 Economic wrap-up
The past year was certainly one marked with COVID outbreaks and restrictions, but 2021 also saw huge growth in shares and house prices underlined by bargain-basement interest rates. Melbourne University Economics Professor Neville Norman looks back at 2021 by comparing it to the preceding decade, and outlines where the 2021 federal budget got it wrong.
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11/23/2021 • 12 minutes, 12 seconds
Encore: How to get buy-in to your ideas
If you want your team to be fully committed to your idea, first it's worth spending time with them to connect and develop a level of trust. That's according to Simon Dowling, business coach and author of ‘Work With Me: How to get people to buy into your ideas.’ You’ll achieve the best results, he insists, if you have a team who’s as enthusiastic and willing as you are about your idea.
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11/22/2021 • 10 minutes, 50 seconds
Building a resilient business
The swings and the roundabouts of running a business can be stressful at the best of times. But it doesn’t have to be that way, according to business consultant Roger Perry. He advises his clients to build business resilience by concentrating on two key aspects of their enterprise: what he calls organisational fortification, and organisational adaptability.
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11/21/2021 • 10 minutes, 53 seconds
Do you feel like an imposter?
Do you often feel like you’re a fraud or a fake? Perhaps you started your business because you were good a particular thing, but then you question whether you’re any good at running a business. These are signs of Imposter Syndrome, and if left unchecked they could impact the very thing you’re unconfident about: your business. Behaviour change expert Suzanne Mercier says there is a cure – she outlines what you can do if you think you suffer from the dreaded Imposter Syndrome.
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11/18/2021 • 11 minutes, 19 seconds
Enore: Managing talented but tricky staff
Sometimes your most talented employees are also the hardest to manage. How do you keep them in line?
It’s a common dilemma for business owners. The standout performers in your business are often the hardest to manage. They make good money for you but in the process, they upset others and can be unwieldy in conforming to the best interests of the business. Aaron Goonrey, Partner at Lander & Rogers Lawyers, highlights three types of talented but tricky staff and what you can do to manage their quirky behaviour.
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11/17/2021 • 9 minutes, 44 seconds
The small business big power bill shock!
At a time when many small businesses are already struggling, a global energy crisis is promising to spark an electricity price shock. To make matters worse, it appears a large proportion of Australian SMEs are spending more than they need to on electricity. A study by the Australian Competition and Consumer Commission (ACCC) has shown 16 per cent of Australian small businesses are missing out on cutting their power bills by more than a third. The ACCC Chairman, Rod Sims, says saving hundreds of dollars can be as easy as making one phone call.
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11/16/2021 • 7 minutes, 39 seconds
Encore: Keep your integrity intact!
Sure, it’s easy to be a fine upstanding business citizen when everything’s going well. But what happens if times get tough – like now? Are you tempted, just a teeny bit, to compromise your integrity for the sake of a few dollars more or just to get that deal over the line? Well don’t be, warns veteran business coach, Alan Rodway. That slippery slope will lead you nowhere.
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11/15/2021 • 11 minutes, 37 seconds
Under stress? 5 ways to boost your energy levels
The relentless nature of running a small business, tied up sometimes with family demands, can tire out the best of us. But your energy levels are a key to business success. The Managing Director of Bevington Group, Roger Perry, says mindfully maintaining energy levels is crucial for business success. He offers sound advice on how best to attain peak energy but warns that it can often require a change in mindset.
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11/14/2021 • 10 minutes, 31 seconds
Getting juiced-up with Pomodoro
No matter how much you try to plan your day, do you find yourself interrupted or going over the allotted time? Perhaps the answer is a Pomodoro kitchen timer. Business coach Les Watson – aka the Time Lord – explains how the useful device can break work into intervals of 25 minutes to allow you to concentrate on the task at hand and get more done during the day.
Reference
Les is offering four weeks of complimentary coaching. Visit creatingsuccesscoaching.com.au/contact and quote ‘Business Essentials Daily’.
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11/11/2021 • 10 minutes, 22 seconds
New sexual harassment protections at work
The workplace should be one that is safe and free from discrimination, bullying and harassment. To help ensure the workplace is safer for employees, a new bill comes in effect today which aims to prevent sexual harassment. Cheryl-Anne Laird, HR and industrial relations expert and Partner at Mazars, explains the Sex Discrimination and Fair Work (Respect at Work) Amendment Act 2021 and what it means for businesses across the country.
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11/10/2021 • 13 minutes, 21 seconds
Litigation - the last resort!
You’ve tried everything including mediation to settle a dispute, but nothing’s worked. Despite the costs involved, and the time and emotional energy required, court action sometimes seems the only way forward. Paul Brennan of Brennans Solicitors discusses the litigation procedure.
Reference
Find information on all the topics Paul’s discussed over the last several weeks in his e-book ‘The 10 Greatest Legal Mistakes in Business…and how to avoid them’ and for additional legal advice for your business, you can contact Paul at paul.brennan@brennanlaw.com.au.
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11/9/2021 • 5 minutes, 46 seconds
Encore: Sales and marketing - get it together!
Sales and marketing, it rolls off the tongue, but these two disciplines working in harmony, can sometimes be a struggle. In a landscape entirely reshaped due to technology and the pandemic, selling like we used to, is a thing of the past. So how can we optimise these two powerhouse specialities for selling in a new world? Adele Crane, CEO of Sales Focus Advisory explains in her new article – Finding New Customers to Increase Sales.
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11/8/2021 • 10 minutes, 26 seconds
Big changes to franchising laws
There have been some big changes to regulations for franchising in 2021, with alterations to the way disputes are resolved, and new disclosure requirements the government says will adjust the balance of power in the relationship between franchisees and franchisors. But the Federal Small Business Minister, Stuart Robert, says more is to come, with the establishment of a central Franchise Disclosure Register, which is designed to be a “one stop shop” for people looking to invest in a franchise.
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11/7/2021 • 9 minutes, 1 second
Encore: The 5 values for business success
How do you offer more value to your customers and to the people around you? It starts by understanding what “value” actually means. Mark Carter has studied the meaning of value for almost 20 years, and writes his conclusion in his new book, ‘Add Value’. He identifies 5 values which can help enrich our lives and our businesses.
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11/4/2021 • 11 minutes, 19 seconds
What are the attributes to success?
What sets successful people apart from everyone else? What do they have they that we can implement into our own lives? In her research, Mandy Hollway, CEO of Courageous, Leaders discovered they possessed common attributes, including resolve, willpower, and determination. She discusses how you too can develop these attributes and apply them to your work and your life.
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11/3/2021 • 8 minutes, 48 seconds
Encore: Beware handshake agreements
They can be annoying and time-consuming, but without written agreements you could be in a world of hurt should things turn sour. That's the advice from Director of Vault Legal, Ryan Solomons, who’s seen handshake agreements result in bankruptcy. Ryan offers 5 reasons why documenting agreements should be standard practice for business owners.
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11/2/2021 • 7 minutes, 59 seconds
Mediation to settle disputes
Lawyers at 50 paces can break the toughest entrepreneur. Involving women and men in suits to settle a legal dispute can take time and cost a motza. Don’t turn your nose up at mediation - Solicitor Paul Brennan says it works.
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11/1/2021 • 7 minutes, 11 seconds
How do you reward your staff?
The performance of most people at work is influenced by the extent to which they feel acknowledged and appreciated. That’s the view of Karen Gately, CEO of Corporate Dojo, who explains what business owners and managers need to consider when implementing a reward and recognition program. She discusses alternative ways to recognise good behaviour – and it needn’t rely on a monetary reward.
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10/31/2021 • 11 minutes, 43 seconds
How well do you speak?
How much attention do you pay to the way you speak? Do you leave people scratching their heads wondering what the heck you were on about? The ability to persuade and inspire is essential in business, and you do that by the words and sentences you use. Business coach and consultant, Anneli Blundell, has three tips on good verbal communication: think in headlines, employ short sentences, and use simple words.
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10/28/2021 • 8 minutes, 53 seconds
Encore: 7 tips for writing great SEO content
If your website can’t be found at the top page of a Google search, you basically don’t exist. Sounds harsh, but that’s the reality, according to digital marketing guru, MC Carter, Director of Practice Paradox. Good SEO – or search engine optimisation – will help elevate your website on the coveted first page of Google Search results. So, what constitutes good SEO? Well, it’s important to provide engaging content, and that means informative and well written blog articles. MC provides seven key tips on writing great articles for your website.
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10/27/2021 • 12 minutes, 11 seconds
Loan structure details – pay attention!
Most investors are looking for a good deal to refinance their loans to take advantage of historically low interest rates. Tax expert Michael Jones, Partner at Mazars, explains important tax differences between loan offset and redraw facilities – a key guide to optimizing your finances.
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10/26/2021 • 7 minutes, 47 seconds
Encore: How to become time rich
If you forced yourself to do a six-hour workday, could you do it? Entrepreneur Steve Glaveski and his team gave it a go and discovered that in fact they could achieve all their goals in shorter days, which gave them more time to do the things they wanted. As a consequence, they lead happier and more fulfilling lives. Steve Glaveski has written about this in his book, Time Rich: do your best work, live your best life. He shares very practical ways to get more time back in your day.
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10/25/2021 • 10 minutes, 38 seconds
Outsourcing HR: what to look for
Your business has grown to a size that needs help with HR. You can’t justify employing HR within your ranks, so you might need to outsource the function. Ilona Charles, CEO of shilo.people, says If you’re hiring staff, you need to ensure the employment fundamentals are in place: contracts, payroll with relevant pay scales and awards, superannuation and insurance, and policies compliant with employment laws.
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10/24/2021 • 10 minutes, 8 seconds
4 ways to creatively build your business
If you communicate, you create and your left brain certainly gets a workout. Building a business is hard work, but taking time to be creative shouldn’t be overlooked. Samantha Parvin is Founder of Parvin Music, a licencing and consulting business that’s connects brands with some of the world’s best musical talent. Sam offers four tips to help grow your business and bring balance to your life.
Reference
Contact Sam at Parvin Music for a creative approach to music licensing for your business.
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10/21/2021 • 11 minutes, 17 seconds
Encore: 6 steps to a lead-generating website
The amount of time and resources you spend building a new website is almost wasted if it doesn’t generate business leads. MC Carter, founder and director of online marketing agency, Practice Paradox, provides his six-step process in developing a lead-generation website. He says, it’s a regular and consistent ongoing commitment, but well worth the effort to grow business.
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10/20/2021 • 10 minutes, 12 seconds
Protecting your business secrets
A confidentiality clause is one way to protect your business secrets from a departing employee. It helps of course to understand what your secrets are, says Paul Brennan, Principal at Brennans Solicitors. Paul guides us through what to do before heading to court.
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10/19/2021 • 9 minutes, 25 seconds
Do you have the right mindset for sales?
Sue Barrett likens sales prospecting to maintaining a fitness regime: for best results you need to do it regularly and consistently, and not just when you feel like doing it. What stops us from picking up the phone to prospect is a fear of being rejected. Sue says you need to change your mindset and have a healthy belief that your sales is benefiting you and your potential customers.
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10/18/2021 • 10 minutes
Encore: Get comfortable with feedback
The making of a high-performance team doesn’t always come easy, especially when feedback is a key part of the process. Gavin Mahony of Leading Teams says providing feedback is crucial to building resilience and peak performance.
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10/17/2021 • 10 minutes, 49 seconds
Encore: Don't isolate your business thinking
There’s a sure way to discover new opportunities as you head out of lockdown – and that’s by collaborating with others.
Don’t expect the old world, pre-pandemic, will return as normal. And don’t think you have to go it alone to solve the problems of the world. Frank Wyatt, Strategic Advisor at Enterprising Partnerships, facilitates round table discussions that have enabled businesses of all kinds remodel their businesses - and it’s been transformative.
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10/14/2021 • 13 minutes, 16 seconds
Is property a good investment?
As house prices continue their meteoric rise across the country, is now a good time to invest in property? Whether you’re a first-time investor or more established player, Nic Don of Odyssey Financial says you need to keep your emotions in check. He explains negative gearing, if location is important, and whether superannuation could and should be used to invest in property.
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10/13/2021 • 10 minutes, 1 second
Encore: R-E-S-P-E-C-T (more than just a little bit)
In 2005, Rachael Robertson gave up the comforts of home to lead a team of fellow expeditioners to Antarctica. Her 12 months included managing a small group in the dark depths of an Antarctic winter. That experience and subsequent extensive research has shown that a focus on respect drives the highest performing teams. She outlines her thoughts in her new book, 'Respect Trumps Harmony: why being liked is overrated and constructive conflict gets results'.
Reference:
You can purchase a copy of Rachael Robertson’s book, 'Respect Trumps Harmony', at her website
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10/12/2021 • 13 minutes, 36 seconds
How selfish is selfcare?
Everyone deserves a break. So why, when an opportunity arises, does guilt become an issue for some managers or business owners? Mark LeBusque, Founder and Director of the Human Manager, says we should remove the last three letters from the word selfish, because everyone benefits and life is short.
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10/11/2021 • 8 minutes, 29 seconds
What's your legacy?
Estate planning is one of those things we know we should do, but we never seem to get around to it. A big reason is not knowing when to start. Well, the very first thing you should do is buy lawyer Melisa Sloan’s book, ‘Legacy: Taking care of the most important people in your life when you are no longer here’. It’s a step-by-step guide on putting your house in order if you were to be incapacitated or worse. She outlines many of those steps in this episode of BE Daily.
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10/10/2021 • 10 minutes, 34 seconds
Encore: 5 types of salespeople – but who’s most successful?
What type of salesperson gets the best results – and why? When it comes to selling, should you challenge your customers or try to develop strong, long-lasting relationships with them? What if you just work harder to get more sales? Tony Gattari, Managing Director and CEO of Achievers Group, says one of these sales methods gets the best results, in both simple sales and complex sales. But which one is it? What he reveals may surprise you.
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10/7/2021 • 7 minutes, 48 seconds
ATO’s spotlight on SMSF transactions
Self-managed super funds have become increasingly popular for Australians in recent years. If you have an SMSF, be careful – the ATO is turning up the regulatory heat. Tax expert, Michael Jones of Mazars, explains why the tax office is particularly concerned about those looking to exploit the concessional tax rate.
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10/6/2021 • 10 minutes, 56 seconds
What’s in a name? Trademarks and the law
Beware of copycats looking to cash in on your success. You should consider protecting your business and its reputation with a trademark. Paul Brennan of Brennans Solicitors discusses the tricks and traps of trademark legislation.
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10/5/2021 • 7 minutes, 44 seconds
Encore: COVID-19 - an online business bonanza
Since COVID-19, online retail has seen its largest growth on record. For businesses, it’s never been easier to set up an online store. Kelly Slessor is a digital growth expert and founder of Shop You, a personalised virtual shopping mall based on AI technology. Kelly has spent the last 20 years working with retailers, property groups, banks and media companies globally to develop their digital strategy. She explains what businesses need to consider when starting an online strategy and outlines digital tools available in which to do so.
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10/4/2021 • 9 minutes, 56 seconds
Dual occupancy - a smart investment?
If you’re looking at alternative ways to grow your investment dollar in property, why not consider dual occupancy? These days, there is more to dual occupancy than the stock-standard granny flat. Nic Don outlines the different motivations and strategies for dual occupancy investments at a time when local councils are making it easier for homeowners to subdivide.
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10/3/2021 • 7 minutes, 46 seconds
Count to 5...then just do it!
Are you a procrastinator? If you have a long list of unfinished tasks, endless emails banked up in your inbox, or just can’t make decisions, you may well be inflicted with the procrastination bug. Business coach Les Watson says it can cripple business growth. But don’t fear – there are things you can do to overcome procrastination. The first step, he says, is acknowledging you suffer from it.
Reference:
Les is offering four weeks of complimentary coaching. Visit creatingsuccesscoaching.com.au/contact and quote ‘Business Essentials Daily’.
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9/30/2021 • 8 minutes, 34 seconds
Encore: The 5 core principles of sales
Without prior experience in the construction or travel industries, Tony Gattari, Managing Director at Achievers Group, managed to massively exceed the sales targets in his senior sales roles in recent years. No matter the industry, Tony applies five core principles when advising some of Australia’s leading companies and their sales teams.
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9/29/2021 • 9 minutes, 52 seconds
The sharemarket's recurring all-time highs
When you hear the sharemarket is at an all-time high, is it a good time to hold ’em, fold ’em, walk away or run? Investment guru, Greg Keady of APW Partners reckons the media’s a lot to blame by injecting emotional terms when reporting on the recurring ups and downs of the market. His advice is to stay focused and stick to your investment plan.
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9/28/2021 • 10 minutes, 56 seconds
Your team’s wellbeing = success
If so much of our waking lives are at work or doing work, then doesn’t it make sense that we are fulfilled and enjoy the time we spend? Social researcher Mark McCrindle has conducted a survey on work wellbeing which he shares in a new book he co-wrote with fellow researcher, Ashley Fell. The title is: ‘Work Wellbeing: Leading thriving teams in rapidly changing times’. He outlines the benefits of wellbeing at work, as well as the barriers that get in the way.
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9/27/2021 • 10 minutes, 59 seconds
Redesigning work-life balance
Is work-life balance really an achievable goal? Well not as it’s currently structured. Mark LeBusque, Founder & Director of The Human Manager, suggests that businesses think of it instead, as life design. A holistic approach that doesn’t separate work from life, since they're one and the same, but makes staff accountable, happier and more effective at both.
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9/26/2021 • 8 minutes, 46 seconds
Vinomofo's next step - conquering the world
When we first spoke with Justin Dry five years ago, he was riding the proverbial wave of success with his start-up online wine retailer. Since then, Vinomofo has matured into a multimillion-dollar company with a growing focus on overseas expansion. How has he maintained the company’s ethos of “no BS and no bow ties” while expanding his mofo tribe? In Part 2 of the Vinomofo story, Justin Dry shares some of the biggest lessons he’s learned as CEO of an expanding empire.
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9/23/2021 • 11 minutes, 30 seconds
Vinomofo - building an online tribe
To join this club you have to make a pledge: “There is no right or wrong, there is only what I like and don’t like.” In 2011, in an industry full of pretention, Justin Dry and Andre Eikmeier founded an online wine community with down-to-earth ideals. By July 2016 Vinomofo had 450,000 members and set its sights on overseas markets. In this first part of the Vinomofo story, Justin Dry explains how Vinomofo fought off the big wine sellers by offering some of the very best wines at great prices – and built a passionate following in the process.
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9/22/2021 • 10 minutes, 53 seconds
No jab, no job - no problem?
As the vaccination rate among Australians increases, many businesses are considering what they can do to stay open. Can they mandate a ‘no jab, no job’ policy? Well, the law is not so clear, says Karen Gately, CEO of Corporate Dojo. Sure, there are valid reasons why a business owner would want to ensure their staff are fully vaccinated, but how should they address the issue with their team?
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9/21/2021 • 11 minutes, 46 seconds
7 things to kickstart sales growth
COVID has accelerated the change in the buying habits of consumers. They are much more educated about what they want to buy, and they can more easily shop around and compare prices thanks to the internet. There’s very little time to stand still, says sales expert, Sue Barrett. What can you do right now to get your sales back on track? Sue has seven practical steps on building a viable sales strategy – and something which you need to revisit regularly to keep the momentum going.
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9/20/2021 • 10 minutes, 10 seconds
The tactical approach to negotiating leases
If you’re moving your business in to a new building, be careful when you sign on the dotted line. You want to avoid any mistakes when you’re discussing terms on a property lease. Paul Brennan of Brennans Solicitors says it’s best practice to consult a lawyer. The next best thing is to negotiate hard with the real estate agent.
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9/19/2021 • 9 minutes, 6 seconds
Encore: Taking team culture to the max
Being a leader is one thing, but leading your team to operate at its peak - building a high-performance team - is another thing all together. Jake Bridges is a Partner/ Facilitator at Leading Teams, an organisation best known for its success with high profile Australian sports teams, even though the majority of their clients are in the corporate sector. Jake explains what goes into building a high performing team and how critical the nexus between leadership and culture is, in doing so.
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9/16/2021 • 9 minutes, 57 seconds
The truth about trust & bad behaviour
Is the idea that trust should be earned and not given, an outdated one? And who has the right to call out bad behaviour in the workplace? Well, Mark LeBusque is a Harvard-trained consultant, and Founder & Director of The Human Manager and he has some strong advice for both and ultimately strengthen the circle of trust.
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9/15/2021 • 8 minutes, 48 seconds
What makes a good business coach?
The recent Olympics and Paralympics are timely reminders of why coaching is so important, not just for sport, but business, too. Les Watson says there are many types of business coaching, whether it’s for you, your team, or the front-line staff. Les outlines what you should expect from a business coach. Good coaching, he says, is an investment, not a cost – and you can use a coach in any stage of your business journey.
Reference:
Les Watson is offering four weeks of complimentary coaching. Visit creatingsuccesscoaching.com.au/contact and quote ‘Business Essentials Daily’.
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9/14/2021 • 9 minutes, 16 seconds
Encore: The serious business of cashflow
The initial shock of COVID has now become a daily financial struggle for a lot of businesses. How do you ensure that your business can keep itself above water during the worst economic crisis in generations? Cashflow expert, Leanne Berry of Love Your Numbers bookkeeping firm, offers her top tips for businesses looking to keep a tight rein on their finances.
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9/13/2021 • 6 minutes, 55 seconds
Shhh...don’t call it selling
The term “selling” is off-putting to Bob Beaumont. It reeks of manipulation – it’s like you’re forcing someone to do something against their will. Instead, you want your customers to want to buy from you – and that’s what Bob’s done so well over many decades with his very successful Beaumont Tiles franchise. He shares his lifetime of sales tips, including his friendly, no-pressure approach on the shop floor.
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9/12/2021 • 10 minutes, 48 seconds
Encore: 35 years and still learning
35 years ago, he ran a tiny scuba diving shop in Sydney and knew nothing about business. Andrew Griffiths has learned some huge lessons along the way.
Andrew is the first to admit that he’s made mistakes, plenty of them! But as he marks his first 35 years of business life, he defines quite precisely the reasons for his success and why so many business people are attracted to his work – his books, his coaching and his presentations. Andrew also reflects on some personal considerations which, to him, have been essential to his success.
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9/9/2021 • 11 minutes, 57 seconds
Going for leadership gold
Research shows that more people are disengaged at work than those who are enthusiastic and committed to their work and workplace. Why is that? And as a boss, how do you motivate your own team to perform at their best? Performance and leadership coach, Dan Haesler, has worked closely with elite athletes and corporate leaders. His new book, ‘The Act of Leadership’ offers practical, techniques for leaders to get the most out of their people.
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9/8/2021 • 12 minutes, 18 seconds
5 ways to make B2Bs buy
How should B2Bs approach buying in a changed and volatile market, since the impact of the pandemic? Michael Haynes is a SME Business Growth Specialist and Principal Consultant of Listen Innovate Grow. He’s also the author of ‘Listen Innovate Grow: A Guidebook for Start-ups and SMEs to Acquire and Grow Business (B2B) Customers’ and he has 5 key insights for B2Bs to consider, before diving in head first.
Reference:
Make sure your B2B customer strategy is on track, with SMB Business Growth Specialist, Michael Haynes’ free B2B Customer Acquisition and Retention Checklist
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9/7/2021 • 8 minutes, 32 seconds
Build your culture with intention
Workplace cultures are best built with intention, and not from spontaneous chats in the corridor or shop floor. Executive coach Mandy Holloway, co-founder of Courageous Leaders, says the old, lazy way of just saying “how are things” when bumping into people has exacerbated the problem as staff work from home. Mandy says leaders need to take time to prepare questions that create connection with everyone in the team.
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9/6/2021 • 8 minutes, 21 seconds
Restraint of trade watchouts
If you're buying a business, be careful of those restraint of business clauses. And take a very good look at the person who is selling the business to you, warns solicitor, Paul Brennan, Principal at Brennans Solicitors. While most sellers are helpful, there is that odd ratbag, who will not go away.
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9/5/2021 • 8 minutes, 59 seconds
Encore: We're lying to our kids
Work hard, finish school, go to university and you’ll be sure of a good job. Right? Wrong! Says Frank Wyatt, who believes we’ve been telling lies to young people for way too long. Education will only go so far, he says, and in fact we’ve been missing the one key ingredient that young people have – and that’s their extraordinary entrepreneurship and zest for life. Capture that in our businesses and we’ll all benefit.
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9/2/2021 • 10 minutes, 20 seconds
The 3 legal documents you must have
As your typical commercial law firm lawyer, Tracey Mylecharane had spent many years representing business clients in litigation and dispute resolution. A lot of the activity could have been avoided had those businesses put their legal houses in order from the start. Tracey discusses three important business documents all businesses should have to prevent falling foul of the law.
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9/1/2021 • 9 minutes, 36 seconds
7 steps to becoming a human manager
What if business owners and managers treated their staff like… humans? Well as far as Mark LeBusque is concerned, not enough workplaces run with humans in mind, expecting a more robotic type response. Mark is a Harvard-trained consultant, author and Founder & Director of The Human Manager. And he has 7 steps to become human managers, with the goal of enabling staff to shine and businesses to grow.
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8/31/2021 • 11 minutes, 3 seconds
Avoiding disaster when buying a business
If you’re looking to grow your business, one option is to buy another business. But be very careful. Legal expert Paul Brennan says there are many things you need to be aware of, for example: why is the owner of the business selling, what’s in the fine print, and have you done your due diligence? Paul outlines several further conditions you need to consider when buying a business.
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8/30/2021 • 6 minutes, 42 seconds
Bob Beaumont’s strategies for success
Beaumont Tiles is an iconic Australian brand, a business which has dominated the tile retailing landscape for years. And why has it been so successful? Well, Bob Beaumont shares the secrets behind Beaumont Tiles’ rise and rise, including hiring and keeping good people, goal setting, managing cash, and looking after your franchisees. At last count, it has 118 stores, of which 80 are franchised – that’s a lot to keep track of!
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8/29/2021 • 9 minutes, 5 seconds
Protecting your business from a disgruntled employee
Karen Gately, CEO of Corporate Dojo, has seen some horror behaviour from employees who have exited a business. Sometimes, a disgruntled employee who is let go might seek revenge by exposing inner secrets of the organisation. That’s just one example. Karen says you want to make sure that any redundancy you do is handled well, with respect and within the law. Otherwise, the costs and reputation to your business can cut deeply.
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8/26/2021 • 11 minutes, 9 seconds
Encore: It's not you, it's impostor syndrome
You have great skills, you work hard and you’re respected - but you don't feel worthy of it. You feel like a fraud and that at any moment someone's going to discover your inadequacies. Welcome to the imposter syndrome.
Suzanne Mercier is an author and behaviour change expert and says that a lot of business leaders feel this way and she examines it in her book “Liberate Leadership: How the Imposter Syndrome undermines leadership capability and what to do about it.” But far from being an observer, she’s experienced the imposter syndrome herself as well.
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8/25/2021 • 10 minutes, 10 seconds
8 essentials for sales leadership
Sales managers are often thrust into their positions because it’s the natural progression to their career. The problem is they’re often given little ongoing support and training in management. Sales and sales management are completely different things, says Sue Barrett, CEO of Barrett Consulting Group. She has identified 8 fundamental functions to give sales leaders the knowledge, skills and competence to drive better sales.
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8/24/2021 • 9 minutes, 16 seconds
Encore: 10 commandments of customer service
Why settle for okay, when excellent is so much better for your business? Why, indeed? 'Why' is just one of Darrell Hardidge's ten commandments of customer service.
Darrell, CEO of Saguity, has been advising Australia's leading businesses on delivering high-quality customer service for years, and he knows better than most how it can transform the bottom line of your business. He says every touch point a person has with your business – whether its online or in the physical world – is an opportunity to be excellent.
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8/23/2021 • 11 minutes, 45 seconds
Economic outlook: planning for COVID
Like everyone, leading economist Professor Neville Norman would love to make COVID 19 disappear. Short of that, we must continue to live with it and soldier on as best we can. For business, it is time – if you haven’t done so already – to get practical. Neville highlights his virus-scenario-based economic forecasts, and you’d be wise to plan for a range of possibilities.
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8/22/2021 • 9 minutes, 27 seconds
Encore: Sleep your way to success
A good night's sleep allows your staff to have energy and attentiveness at work, but is your workplace culture preventing them from getting quality sleep?
Productivity and wellness advisor Thea O'Connor says those late-night work emails and online messages can interrupt your employees’ down-time in the evening and early mornings. Because we all have different sleeping patterns and work better at different times of day, it's wo­­rth considering a flexible approach to working hours. And, she says, don't ignore the benefits of the afternoon nap.
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8/19/2021 • 11 minutes, 52 seconds
B2B growth in the new normal
The B2B sector was experiencing changes well before the pandemic, but as in most business verticals, COVID intensified the change. So, what are B2Bs looking for from buyers and how can they innovate and grow in this new normal? SME Business Growth Specialist Michael Haynes, Principal Consultant of Listen Innovate Grow, explains.
Reference
Make sure your B2B customer strategy is on track, with SMB Business Growth Specialist, Michael Haynes’ free B2B Customer Acquisition and Retention Checklist.
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8/18/2021 • 10 minutes
Shhhh...discreet digital healthcare
Digital health is one of the fastest growing investments sectors, worth $2 billion in the Australian market, $200 billion globally, and only set to set to expand drastically due the major catalyst, COVID-19. Nic Blair, Founder & MD of Midnight Health, explains how he tapped into this market, providing online solutions for men and women to access more sensitive health care products, discreetly and directly.
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8/17/2021 • 13 minutes, 40 seconds
Encore: Don’t let divorce destroy your business
Divorce can be stressful enough, but more so perhaps when running a business. Is there a way to separate, without breaking up the business and without resorting to law courts?
Yes, there is, says family lawyer Jennifer Hetherington. It's called collaborative practice – a mediation process for couples to finalise the legal aspects of their separation without court. It’s about meeting the needs of the family as a whole, including young children and adult children, by minimising conflict. And it can save the business in the process.
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8/16/2021 • 11 minutes, 34 seconds
For good or bad - the UGRs driving your culture
The acronym UGRs stands for Unwritten Ground Rules. UGRs drive people’s attitudes and performance in the workplace - but they’re seldom talked about openly and you may have no idea what’s going on behind your back unless you actively check those UGRs out. Steve Simpson can help. He created the UGR concept and has been telling businesses for years that, good or bad, they’re fundamental to company culture and to success.
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8/15/2021 • 12 minutes, 15 seconds
Don't think big, think HUGE
Bob Beaumont is one of Australia’s best known entrepreneurs. He’s built Beaumont Tiles from a small fragmented operation back in the 1960s to an empire. Bob always aims high and generally succeeds, even if others think he’s chewed off more than he can manage. His story is remarkable, and he’s agreed to speak candidly to us about success, business principles – and never letting a business opportunity pass him by.
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8/12/2021 • 13 minutes, 11 seconds
Encore: A star is born
People do business with people they like and trust. That's why it's more important than ever these days to build your personal brand.
That's according to Andrew Ford of personal brand building company, Social Star. He explains how to build your profile online to reflect your personality and credibility and to help you stand out.
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8/11/2021 • 12 minutes, 16 seconds
Gen Alpha - the new kids on the block
Move over Gen X, Y and Z. There are new kids on the block, they’re called Generation Alpha, they’re the largest generational group that the world has ever seen – and we should take note of them if we want our businesses to thrive into the future. So who are they, what do they want, and how do we capture their thoughts and aspirations? Social researcher Mark McCrindle has been doing some homework…and now he’s written a book about them.
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8/10/2021 • 11 minutes, 33 seconds
Encore: Show me the money!
No business is immune to cashflow issues. And now, with COVID-19, many business owners are feeling the pinch more than ever. Cashflow specialist, Paul Roach draws upon decades of experience assisting SMEs to provide a practical guide to business growth and profitability. He offers simple changes and ways of working smarter, which are outlined in his book, Smarter Business Stronger Cashflow.
Reference:
To purchase Paul Roach's book, Smarter Business Stronger Cashflow, head to:thecashflowcoach.global
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8/9/2021 • 8 minutes
Taking the pain out of partnership disputes
Business partnerships seem like a wonderful arrangement when everyone’s happy - complementary skills, the sharing the workload and resources, enjoying the wins, fun and friendship. But partnerships can turn from good to bad in no time when things aren’t going well - and that’s when the arguments begin. Lawyer Paul Brennan has seen it all and has some sanguine advice for those facing an unhappy partnership bust-up.
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8/8/2021 • 8 minutes, 6 seconds
Embrace your fears
It’s so much easier and safer to isolate ourselves from the uncertainties and risks we face outside our homes, on the street and in the workplace. For a lot of people, working from home has been a safe haven and cushioned them from confronting their fears. But, as people go back to work, bosses need to be able to manage the fears of their staff. Workplace psychologist, Dr Amy Silver explains what causes fear, how you can control your fears and benefit from them.
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8/5/2021 • 11 minutes, 3 seconds
Encore: I must, I must, I must increase my ASSETS
Our preoccupation with making ends meet, paying the bills, the wages, sorting out stock levels and generally keeping the lights on may lead us to overlook the fundamental reasons why people do business with us. It’s our ASSETS, says Author, Trainer, and all-round storyteller Colin Pearce, and he means it in a very personal way.
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8/4/2021 • 11 minutes, 20 seconds
What's your strategy?
Implementing a business strategy is important: it gives you and your team a clear roadmap to business growth; it outlines the responsibility for each team member; and it keeps everyone accountable and on track. Creating a strategy is one thing, but executing it effectively is something else entirely, says business coach, Mandy Holloway, co-founder and owner of Courageous Leaders. She outlines the right approach to strategy activation to ensure everyone is on board at all times.
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8/3/2021 • 10 minutes, 8 seconds
Encore: Controlling your out-of-control inbox
If you don't have strategies to tackle the onslaught of incoming emails, you'll spend even more time trying to find the important ones and be distracted by the ones that are less so. Email expert Steuart Snooks, of Solutions 4 Success, has a tonne of tips to manage your emails and get more time back in your day.
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8/2/2021 • 6 minutes, 54 seconds
The 7 best ways to waste your time
Just where does the time go? Do you find that no matter how much you try to get on top of things, there’s just not enough time in the day? Productivity expert Les Watson sees a lot of people are wasting time on things they don’t even realise. Les – also known as the Time Lord – helps us identify seven time-wasting activities, so that we can get more time to work on the things that matter.
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8/1/2021 • 12 minutes, 7 seconds
Online opportunities - the sky's the limit!
Whether you’re in business already, a student, or simply looking for a change, launching an online course could be a path to building your own entrepreneurial empire. That’s according to online course guru, Tina Tower, who has written a practical, step-by-step book on the process, ‘Million-dollar micro business: how to turn your expertise into a digital online course’. As the title suggests, you can convert your knowledge into a course for anyone in the world – and make seven figures in the process.
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7/29/2021 • 12 minutes, 25 seconds
Truths from 50 years in business
An Australian veteran business leader shares the lessons he's learnt from the rough and tumble of five decades of business life. Geoff Slade built Slade Group to Australia's biggest executive search firm through a combination of hard work and developing trusting and meaningful relationships. He's identified many truths along the way - his personal perspectives on what really counts to achieve success in business and in life.
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7/28/2021 • 12 minutes, 26 seconds
Encore: The kindest abattoir
Like all farmers, Chris Balazs understands how much tastier meat is from animals he slaughters on his own farm. For those and other ethical reasons, he and his team have built Provenir, Australia's first and only mobile abattoir. Provenir oversees the whole operation from purchasing livestock on-farm direct from their partnering farmers, to the on-farm processing and into their artisan butchery.
It hasn't been all plain sailing – the regulatory hurdles have been enormous. But he has some important backers, including celebratory chef Guy Grossi, and the owners of Rockpool and Three Blue Ducks, who value the premium quality of the meat from selected farmers across the country. And consumers know where their meat is sourced, thanks to Provenir's innovative technology.
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7/27/2021 • 10 minutes, 49 seconds
Automation for SMEs - the time is now
If you think about it, there are very few businesses that aren’t reliant on some form of technology or digitisation. And with the pandemic speeding up the process, the move toward automation isn’t so much a choice anymore, as much as a requirement, if you want to remain competitive. Alex Kain, CEO of Human Pixel, says “digital is just purely an evolution of business”, and he explains the ways in which SMEs can automate, cost effectively.
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7/26/2021 • 11 minutes, 21 seconds
The 10 greatest legal mistakes in business
We’d all like to sail through business life without legal hitches – but sadly, they happen. In fact, Paul Brennan, Principal at Brennans Solicitors tells us, it’s easy to get caught up in a legal wrangle if you’re not careful - which is why he’s drawn up his hit list of the ten biggest ones, the most expensive legal mistakes you’re likely to make, and how to avoid them.
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7/25/2021 • 8 minutes, 51 seconds
We’re all human – let’s tell our stories
We all have stories to tell – they may reveal our vulnerabilities, our very personal thoughts and feelings, but we shouldn’t be afraid to tell them because those who work around us, or who buy from us, will respond positively. Colin Pearce reminds us that we’re not just business people, we’re human beings too!
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7/22/2021 • 8 minutes, 57 seconds
Encore: Is it really urgent?
Are you overwhelmed by urgency? Do the distractions throughout the day feel as if you don't have the time to get the important things done? Productivity expert Dermot Crowley has pointed out the problems many of us have in taming urgency in his new book, 'Urgent!' In this episode, he outlines how we control urgency and improve productivity, all the while keeping our stress levels in check.
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7/21/2021 • 11 minutes, 30 seconds
Selling up? It's all in the planning
So you wake up one morning and say to yourself “Today I’m going to sell my business – and I’m going to get top dollar for it”. If only it was that simple. But the reality is that preparing a business sale can take years. In fact, according to business sales expert John Blight, the process should begin on the day you first started the business.
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7/20/2021 • 10 minutes, 14 seconds
Get ready for a new world of work
If there are any lessons to come out of our experience with COVID, it’s how we’ve learnt to adapt to change. Many businesses have discovered that flexible workplaces, for example, have empowered employees to get on with doing what’s important. Karen Gately, CEO of Corporate Dojo, says we’re seeing a move away from a command-and-control style of leadership.
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7/19/2021 • 11 minutes, 35 seconds
Want to make sales? Be virtuous!
There have been many business lessons we’ve learned because of COVID, particularly in sales. For one thing, says Sue Barrett, CEO of Barrett Consulting Group, the pandemic has underlined the importance of ethical behaviours and virtues like trust, cooperation and gratitude. Sue says your strategy, processes, people, and culture, should be underpinned by a holistic approach.
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7/18/2021 • 11 minutes, 22 seconds
You're not late, you're rude!
Being on time matters. In business, punctuality reflects your integrity and builds trust with others whom you honour with a promise of not being late. That’s according to business coach, productivity guru, Les Watson, whose own punctuality you can set your watch to. Les has some tips on how to combat distractions which can prevent us from arriving to events on time.
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7/15/2021 • 9 minutes, 27 seconds
4 franchising code reforms
Changes to the Franchising Code of Conduct are rolling out in 2021, after years of scandals and enquiries into the sector. Bruce Billson is the Australian Small Business and Family Enterprise Ombudsman, and it’s ASBFEO that handle initial disputes between franchisor and franchisee. Bruce says that while there are many outstanding examples of Australian franchising, there are those who’ve not been acting in good faith. Bruce explains what four of the changes to the code are, and what they aim to correct.
Reference:
Visit the Australian Small Business and Family Enterprise Ombudsman website at:https://www.asbfeo.gov.au/
Email: info@asbfeo.gov.au
Phone: 1300 650 460
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7/14/2021 • 9 minutes, 49 seconds
6 principles of great leadership
With 13 years’ experience as CEO at iconic Australian fashion brands, Sportsgirl and Sussan, Colleen Callander is a leader who walks the talk. She says that leadership is inside all of us – you just need the tools to let it shine. Those tools can be found in her book, ‘Leader by Design: Be empowered to lead with confidence in business and in life’. She shares her lessons from 30 years in the fast-paced and competitive retail industry.
Reference:
Colleen Collander’s book, Leader by Design:https://www.colleencallander.com.au/book
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7/13/2021 • 11 minutes, 57 seconds
Encore: Time for a new name?
Business names can sometimes have a use-by date. If you’re thinking about a name change, there are important things to consider.
Luke Faccini, Founder and Brand Strategist of The Sponge branding agency, says sometimes a name change is unavoidable when you move into new markets, for example, and your current name won’t work. Luke takes us through some of the biggest mistakes businesses make when changing their names. If you’re going to embark on the process, he says, it’s a big step and you may as well get it right.
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7/12/2021 • 12 minutes, 18 seconds
What's your business really worth?
Want to know what your business is really worth? Well instead of “maybe...” or “hopefully...” or “if we’re really lucky…”, why not eliminate the guess work and get a proper valuation done? According to financial advisory expert at Mazars, Angie Winton, there are many benefits, and it needn’t only apply when you’re ready to sell up.
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7/11/2021 • 7 minutes, 55 seconds
Dealing with COVID fatigue
Let’s be honest, COVID’s exhausting. But are you coping? Or are you reaching the end of your tether - which can be a whole lot more dangerous, according to corporate psychologist Rhonda Andrews. Rhonda tells us how to differentiate between tiredness and emotional exhaustion, and how to gain some resilience during a pandemic which just goes on and on.
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7/8/2021 • 12 minutes, 40 seconds
Encore: The how of business giving
We pick up from the previous episode, talking to Founder and CEO Jeremy Meltzer, who explains the practicalities of integrating with his successful online retail giving platform, i=change. How ‘marketing-return’ should no longer be seen as a cost and ensuring that giving back becomes a profitable exercise for all stakeholders.
Reference:
If you haven’t already, listen to the previous episode, ‘The why of business giving,’ to understand the imperative for businesses to give back, in a simple, easy and profitable way.
Find out how you can partner with i=Change at iequalchange.com
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7/7/2021 • 9 minutes, 1 second
Encore: The why of business giving
Jeremy Meltzer is the Founder and CEO of i=change, a company that makes it simple and powerful for online retailers to give back. At a moment when it feels strange to promote things that seem meaningless in the midst of a pandemic, but like everyone retailers need to put food on the table, how can we unlock the power of business that makes it simple and powerful to give back in a meaningful way and drive a return on investment?
ReferenceFind out how you can partner with i=Change at iequalchange.com
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7/6/2021 • 12 minutes, 33 seconds
Start-up in a box
How many times have you said or heard “I’ve got a great business idea!” Well, if indeed the idea is sound but lacks the funds or tech know-how to build, then Dovetail Ventures is for you. Think ‘start-up in a box’, Dovetail’s VC ecosystem that helps small businesses bridge the resource gap to become fully fledged companies. Keith Davison, Dovetail Partner and COO, explains the VC model, what they look for in a pitch and how they remain cost competitive compared to many other funding streams.
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7/5/2021 • 10 minutes, 5 seconds
Watch out - property tax changes
NSW property purchasers take heart! If you’re fed up with the onerous transaction costs associated with buying a property – especially those upfront stamp duty payments - you’ll be interested in moves by the New South Wales government to reform the property tax system. Proposed reforms will offer purchasers the choice between the existing stamp duty and land tax regime and a new annual property tax. How will it work? Stephen Baxter of Mazars explains.
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7/4/2021 • 12 minutes, 35 seconds
When your stars align...
Do you know what you really stand for? Perhaps you’re too busy running your business to ask such deep-seated personal questions. But delve deep you must! says John Di Natale, mentor, keynote speaker and author, because these days it’s more important than ever to consider what you represent. It’s all part of personal branding, he says, it’s important for business, and by the way, it’s not just about you anymore anyway - now the whole team needs to get involved.
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7/1/2021 • 9 minutes, 17 seconds
The sky's not always the limit
Colleen Callander is a self-confessed recovering workaholic. Indeed, her hard work, street smarts and passion for retail catapulted her to the heights of CEO of Sportsgirl and Sussan. But, on the way to the top, she had faced burnout by saying yes to everything and not giving herself a moment to stop and recharge. Today she understands the importance of setting boundaries to maintain physical and mental health.
Reference:
Find out more about Collen Callender and purchase a copy Colleen Collander’s book, Leader by Design
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6/30/2021 • 11 minutes, 18 seconds
Hallelujah!
Have you got a story to tell? Colin Pearce will say “I hope so!”. Colin has told us many times that a story will beat a power point presentation hands-down if you want to make a meaningful, memorable connection with your audience. So for something a little different this morning, we asked Colin to tell us HIS favourite story. And he ends up taking us on quite a journey…but there are business messages to learn, all from a famous Leonard Cohen song.
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6/29/2021 • 11 minutes, 48 seconds
Tell-tale signs of insolvency - watch out!
With all the challenges that businesses have faced since early 2020, you would think that many would have gone to the wall. So, are insolvency rates up? Not at all, says restructuring and insolvency expert Sean Wengel, in fact the opposite is true. But it could be a very different picture from here on, he warns, as he tells us what’s going on in the insolvency world, an update on the safe harbour laws, and the tell-tale signs of a business heading for disaster.
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6/28/2021 • 12 minutes, 11 seconds
Simple rules for success
Ian Whitworth sees so many people attempt to build their own businesses but are stymied by big business myths. It shouldn’t be so complicated – success, Ian insists, is built on simple rules, including Year 6 maths, basic decency, and no jargon. His own business, Scene Change – Australia’s leading AV hiring and production company – is testament to his no-nonsense way of doing business.
Reference
Ian Whitworth’s book, 'Undisruptable: Timeless business truths for thriving in a world of non-stop change':https://ianwhitworth.net/introducing-undisruptable/
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6/27/2021 • 9 minutes, 54 seconds
Lessons on growth and success
Don’t let bumps in the road get in your way to success. That's the message from former Hoyts Cinemas CEO, Peter Ivany, who faced many bumps in his journey to take Hoyts from a 40-theatre chain to more than 2,000 theatres a decade later.
He spends much of his time these days giving back to the community with several chairmanships of not-for-profits in sport, the arts and charities. Peter’s been recognised in the 2021 Queen’s Birthday Honours with an Officer of the Order of Australia (AO) for distinguished service to the community.
Peter's achieved great success in his life, but what does that really mean? Peter shares his thoughts about success in business and life with one very clear insight - it's not all about money.
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6/24/2021 • 11 minutes, 16 seconds
Encore: It's not perfection, it's consistency stupid!
Facebook, Instagram, TikTok – where’s your audience and how do you reach them, standing out in the big wide social media world? Well here’s a tip from Leanne Peard, Social Media Specialist & Trainer: don’t be afraid of the camera – get in front of it and start rolling!
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6/23/2021 • 12 minutes, 5 seconds
Encore: Cameron Schwab - a footy leader's lessons for business
One of the biggest differences between professional football and business is football's focus on talent and teaching. As an AFL CEO for close to 25 years, Cameron Schwab saw first-hand how elite sport focuses almost entirely on the players and how they work together. Cameron, founder and CEO of designCEO, reckons that a lot of business leaders don't go deep enough to improve the performance of their talent.
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6/22/2021 • 8 minutes, 45 seconds
Planning around COVID, labour shortages & interest rates
If you’ve found business planning just a trifle tricky, what with COVID, you’d be only one in many thousands of businesses across Australia struggling with the same issue: what lies ahead? So, who better to turn to at this mid-point of the calendar year – and the start of a new financial year - than our trusted economist Professor Neville Norman, from Melbourne University. Listen up, especially, on what Neville has to say about labour shortages, property prices and, oh yes, those low, low-interest rates.
To contact Neville Norman, send him an email and let him know you heard this episode on Business Essentials Daily. Neville.norman@unimelb.edu.ah
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6/21/2021 • 9 minutes, 52 seconds
The scourge of working 24/7
How many of us just can’t resist a 24/7 connection with the outer world - as if our businesses will suffer big time if we’re not contactable day and night? But there are dangers to both our physical and mental health if we never switch off. And by the way, let’s not be too demanding of our staff either – do you really need to call them at 11pm? Barrington Centre’s Rhonda Andrews highlights the importance of both “self-care” and “team-care” in our 24/7 world.
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6/20/2021 • 10 minutes, 54 seconds
Beware unethical self promoters
Have you come across an unethical self-promoter? You know the one: someone who claims to know everything, lies compulsively, talks about him or herself, offers too-good-to-be-true promises, and takes advantage of others. They’re not just salespeople, but sales – for whatever reason – seems to get tarnished by the same brush. Sue Barrett, CEO of Barrett Consulting Group, points out the tell-tale signs of an unethical self-promoter, and what to do if you are confronted by one.
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6/17/2021 • 10 minutes, 40 seconds
Encore: Don't scupper your chances
Play big and get excited about life! Don’t let the last 12 months or so keep you down. Now is as good time as any to embrace the opportunities that come your way. So says Les Watson, a trainer at Get More Time, with passion and expertise in time management, he’s affectionately earned the title of The Time Lord. In this episode Les picks to pieces the personal bad habits that stymie our success – including the three Ugly Ps and the 3 Beautiful Ms.
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6/16/2021 • 10 minutes, 28 seconds
Your behaviour stinks - how to have that chat
Part of a manager’s job is to chat with individual staff members about their performance or behaviour. Poor performance can often be easier to address than offensive or inappropriate behaviour. Karen Gately, CEO of Corporate Dojo, has some tips for those must-have awkward conversations, including how to keep yourself together when emotions are high.
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6/15/2021 • 9 minutes, 21 seconds
Storytelling provokes a chemical high - it's science!
If you want to connect – to truly connect – with the people around you, start telling stories. Because storytelling is a powerful way to reach people at a much deeper emotional level - just ask Colin Pearce. He’s spent a lifetime telling stories and relating their importance in the business setting. It’s scientific, he’ll tell us, as our dopamine, oxytocin and our endorphin levels all start working overtime!
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6/14/2021 • 10 minutes, 28 seconds
Encore: Working your motivation muscle
What role does motivation play in achieving the goals you set for yourself? Those are the questions Craig Harper is exploring in his quest to further understand self-development.
As a business coach and motivational speaker, Craig believes it’s emotional and social intelligence that make a great leader. If your role is to coach and mentor, he says you need to understand the people you work with, and that comes first from understanding yourself.
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6/13/2021 • 11 minutes, 15 seconds
Encore: 5 steps to content marketing success
Reveal yourself as an expert in your industry and you'll reap the rewards later. Content marketing is an online marketing strategy to help you build your profile and be the 'go-to' expert in your field. It doesn't have to be as time-consuming as you might think, says content marketing expert and journalist, Valerie Khoo. So that you're not reinventing the wheel, she explains how to turn one discussion point into several communication methods – like blogs, videos or articles – to be published on different social media platforms.
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6/10/2021 • 10 minutes, 57 seconds
Encore: Bae Juice - liquid gold
A cure for a hangover? Sounds like good timing as COVID locks us at home with perhaps a tipple more than we need to cheer us up. But the amazing growth of Bae Juice into the Australian market has been much more than pandemic-driven, and the young co-founders Tim O’Sullivan, Sumin Do and Liam Gostencnik are on a roll as Woolworths signs up for national distribution.
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6/9/2021 • 15 minutes, 12 seconds
Encore: Not another meeting!?
Who of us in business doesn't want more time in our day? One way to get it back is by shortening the time spent in meetings. Is that possible? It is if you follow some of the tips in Donna McGeorge's book, 'The 25 minute meeting: half the time, double the impact'. She says we can't do without meetings, but we can do without the time-wasting aspects that infect a lot of them.
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6/8/2021 • 10 minutes, 44 seconds
Returning to the workplace - transition issues!
“OK, that’s it – time to get back to the office!”. Is that your attitude? Because if it is, you may want to think again or lose your best staff, who are quite prepared to vote with their feet if returning to the workplace means losing a decent work-life balance. That’s the warning from the highly experienced corporate psychologist, Rhonda Andrews, of Barrington Centre.
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6/7/2021 • 9 minutes, 42 seconds
Encore: Buddying up to build your business
Katrina McCarter, Founder and CEO of Marketing to Mums and OUT LOUD Marketing Partners believes that marketing partnerships are the fastest and cheapest way to grow a business – but you need to follow some rules to make it work, for example, making sure you’re ethically aligned and that there’s an equal exchange of value taking place. Get the partnership right, though, and it’ll do wonders, both for you and for your marketing partner.
Reference
Find out more about the OUTLOUD Marketing Partnerships Program at:katrinamccarter.com/outloud
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6/6/2021 • 12 minutes, 3 seconds
Encore: Why we fired our managers
When Amantha Imber, Organisational Psychologist & CEO of Inventium, eliminated management, she found that her workforce was happier and productivity increased. The idea sprung from research she did on "holocracy", a flat, self-management system where decision-making is vested in each person. They haven't looked back since the system was implemented.
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6/3/2021 • 9 minutes, 49 seconds
Dangers of DIY in selling your business
You probably wouldn’t think twice about consulting a real estate agent when selling your house - so why wouldn’t you seek the advice of experts when it comes to selling your business? John Blight makes that analogy as he describes the financial and emotional toll to business owners who decide to go it alone when selling up. Seek advice, he suggests, because a problem shared is a problem solved.
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6/2/2021 • 11 minutes, 25 seconds
Encore: Ready, set, Sell!
If you're hiring new sales staff – or anyone for that matter – don't be lax with on-boarding them, insists sales expert Colin Pearce. A proper induction process is important to get the best out of your sales team, and it's one of the training programs that Colin provides through his Colin Pearce Academy.
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6/1/2021 • 10 minutes, 19 seconds
Property in a hot market
It’s certainly hot! But is the property market getting too hot to handle – at least for those now losing out because prices have gone bananas? Where are the watchouts as buyers, sellers and investors all search for the best opportunities? And how long is it all going to last anyway? Nic Don casts his experienced eye across the sector.
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5/31/2021 • 12 minutes, 44 seconds
Encore: How to build a seven figure business FAST!
Becoming an authority in your field of expertise and making a heap of money in the process – now that’s not so easy. Why not shortcut the process and learn the lessons of a master at the game? Tom Matzen has spent years perfecting the art of guaranteed scalable success and he loves sharing his lessons with other aspiring entrepreneurs.
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5/30/2021 • 12 minutes, 27 seconds
5 things you must do now to grow
Who doesn’t want to grow their business? We all do, right? But with so little spare cash for marketing activities, are there any cheap or no-cost ways to add to the bottom line? Julie Hyde, Director of Julie Hyde Consulting, offers five practical tips to grow your business – and all of them can be achieved without having to borrow or dip into cash reserves.
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5/27/2021 • 10 minutes, 36 seconds
Data and the rebuild of hospitality
For many companies, transitioning to more digital processes was something they were considering but not rushing into. COVID has accelerated a digital transition by an average of 6 years, with businesses rushing to incorporate digital strategies, to mitigate for future pandemics or disasters. But what about hospitality, one of the hardest-hit industries? Well Paul Hadida, General Manager at SevenRooms explains that rebuilding begins with data and automation.
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5/26/2021 • 9 minutes, 21 seconds
Business - it's a marathon!
Imagine setting yourself the challenge to run 250 km in the searing heat of outback Australia. What lessons would you learn about yourself that you could apply to other aspects of your life, like your business? That’s what Kay Bretz set out to discover with his first ultramarathon – the Big Red Run in Birdsville – where he beat the race record by five hours. He’s since run multiple ultra-distances and was awarded the Australian Ultra Performance of the Year in 2019. The challenges he’s faced in his sport of choice has helped in many ways with his business success.
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5/25/2021 • 10 minutes, 42 seconds
Mental ill-health - a first aid response
The tough road out of mental ill-health is not to harden up and soldier on. Joel Clapham found that out in the saddest of ways when at the age of 35, his father took his own life. Joel was 16 at the time and severely impacted by his dad’s death. His biggest fear was that he would “follow the same script”. Instead, he’s taken a different road and has founded Hearten Up – helping others, and himself, by being open about mental ill-health. And now he’s taking it to the workplace.
Reference
You can find out more about Joel and Hearten Up at www.heartenup.com.au
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5/24/2021 • 12 minutes, 56 seconds
The super guarantee changes explained
A reminder to employers: super guarantee payments are going up by 0.5% in July. Simple enough? Well no, actually. There are complexities in the rules and there’s also an additional charge against employers who get it wrong. So seek advice if you’re unsure about how to comply, suggests HR and industrial relations expert Cheryl-Anne Laird, of Mazars.
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5/23/2021 • 9 minutes, 16 seconds
Making the tough calls
Being a coach and umpire at the highest level of elite AFL sport has taught Jeff “the Giesch” Gieschen a thing or two about leadership and the nurturing of star performers. Now he’s transferring those lessons to the business world. Leadership’s tough, he’ll tell us, but fairness, empathy and team spirit are paramount if you want to move from good to great.
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5/20/2021 • 12 minutes, 38 seconds
If your brand was a Hollywood actor… Part 2
An online brand personality helps build an authentic connection with your market. That’s according to Joel Gerschman, CEO of Digital Pilot and The Change Coach, who’s identified 12 personality archetypes to help businesses achieve growth online. Joel outlines the six components to build a successful brand strategy.
References
Find out more about Joel Gerschman and his digital businesses at Digital Autopilot www.digitalautopilot.com.au and The Change Coach www.thechangecoach.co
You can also register for Digital Pilot’s ecommerce growth program at:https://grow.digitalautopilot.com.au/growthengine-waitlist
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5/19/2021 • 8 minutes, 14 seconds
If your brand was a Hollywood actor… Part 1
Is your business an all-round nice-guy Tom Hanks type, a fun Adam Sandler, or maybe an elegant Cate Blanchett? Business coach and digital marketing guru, Joel Gerschman, reckons that adopting a Hollywood archetype can help you differentiate yourself from the competitive online world. Joel Gerschman is a leading business coach, best-selling author, co-founder of Digital Autopilot and CEO of The Change Coach, one of Australia's leading digital marketing agencies. He runs through 12 archetypes, all of which convey a meaning to help customers relate to a brand.
References
Find out more about Joel Gerschman and his digital businesses at Digital Autopilot www.digitalautopilot.com.au and The Change Coach: www.thechangecoach.co
Business Essentials Daily is produced by:
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5/18/2021 • 12 minutes
The importance of celebrating wins - and Happy 1st Birthday BE Daily!
Taking on a daily podcast is not for the faint hearted, add a pandemic and the challenge is on. But we made it! BE Daily is one year old and the team is celebrating. Nick Schildberger, Managing Director at SoundCartel, explains why it’s so important to celebrate, not just the big successes, but the small wins too. He also explains why podcasts are good for business what the key ingredient is to making them work.
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5/17/2021 • 9 minutes, 43 seconds
An elevator ride to success
Great rewards come to companies that know the power of steady hard work with great people - sometimes over generations. And this is the story of Liftronic, a four-generation business that started in Egypt decades ago, came to Australia and grew through reputation and smart thinking to become Australia’s largest independent Australian-owned lift company. And it has risen to the challenge of building and installing some very tricky lifts! Managing Director Milan Debelak has a story to tell.
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5/16/2021 • 10 minutes, 35 seconds
Federal Budget Wrap Up
Another federal Budget is behind us, offering massive spending programs to improve services, boost jobs and to steer the country out of the coronavirus crisis. But as always there are winners and losers. Where do you stand? How about your business? For the answers, we turn to the highly experienced economist Professor Neville Norman of Melbourne University, and to Michael Jones, Superannuation and Business Advisory Partner at Mazars.
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5/13/2021 • 14 minutes, 11 seconds
Are you open to what's possible?
As a businessman, John Wood built Fleetwood Corporation – the largest integrated company of its type in Australia, with caravan parks, park homes, lifestyle villages and much else in between. Then he walked away. Disillusionment set in, followed by a hiatus in John’s life as he explored what really matters in business and life. John discovered a transformative way of thinking. It opened his eyes to what’s really possible, and now he’s helping others in business open their eyes too.
Reference
John Wood is the author of 'The Business of Possibility: Re-imagining your organisation'. It’s the sequel to John’s first book 'Possibility – a State of Mind'. You can find out more about John’s work at: therealmofpossibility.org.au
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5/12/2021 • 14 minutes, 18 seconds
How working from anywhere can work
One of the positives that’s come out of the past year of COVID-related lockdowns and restrictions, has been the revelation that many employees can work from anywhere. A lot of businesses are adopting a hybrid model – a combination of working from home and working in the office. If you’re looking to do the same, how do ensure your team still works as efficiently as before? Alison Hill, CEO of Pragmatic Thinking, outlines what a work-from-anywhere policy looks like, and she has tips on how to communicate and engage with staff as easily as pre-COVID times.
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5/11/2021 • 12 minutes, 17 seconds
Smashing the loyalty myth
Don’t be complacent with how you think and feel about your customers — it could ruin you.
Thanks to the internet, your loyal following could easily be gone tomorrow as they find cheaper alternatives online. Customer service expert Darrell Hardidge of SAGUITY says companies really need to innovate to capture and keep a client’s loyalty.
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5/10/2021 • 8 minutes, 24 seconds
Airports of the future - are you ready for take-off?
One day soon we’ll all take to the skies again and our airports will transform from deserted spaces to busy transit hubs. But what kind of experience will they offer the travelling public? Airports have done a lot of adapting in recent years, with tough restrictions enforced first by terrorist activity and now by COVID. Will innovation and new technology bring big changes to the airport experience and if so, what lies ahead? Visionary airport expert Greg Fordham offers insights into the future.
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5/9/2021 • 15 minutes, 52 seconds
Finding calm in a WFH routine
It’s hard to ignore the negativity and pessimism splashed across the news and in our social media feeds. Well, here’s an idea: how about switching them off for a while? That’s the advice from occupational therapist, Angela Lockwood, who did just that and, as a result, is far less stressed and much happier. Angela has more tips for those of us who may still be working or managing teams from home, or even transitioning to back to the workplace.
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5/6/2021 • 9 minutes, 48 seconds
Nurturing the next in line
Don’t have the time or inclination to help develop the people around you into leaders? Think again.
So says consultant Anneli Blundell, co-author of Developing Direct Reports: Taking the guesswork out of leading leaders. As a business owner or manager, you've got an important role to play in helping those around you become leaders too. Your business will benefit! But there will be recalcitrant players among them. Anneli identifies the 12 derailers to good leadership and how you can help get those tricky would-be leaders back on track.
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5/5/2021 • 7 minutes, 54 seconds
Managing ugly business break-ups
Breaking up is hard to do — make sure you know your legal options.
Disputes among shareholders in a business occur way too often. As much as we hope it doesn’t happen to you, we’ve asked shareholder dispute expert Grant Guenther of Macpherson Kelley to highlight the options available to you if you’re facing a relationship breakdown in your business and are looking for ways to sort out the subsequent mess.
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5/4/2021 • 9 minutes, 28 seconds
The true measure of customer loyalty
How can you turn the fantastic customer experience you offer into a goldmine?
We’ve heard from Darrell Hardidge, CEO of SAGUITY, before about striving to provide a 10 out of 10 experience for your clients. He says that accurately documenting the results of extreme client loyalty is significant when you want to sell your business.
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5/3/2021 • 9 minutes, 11 seconds
Good culture = Good business!
In recent years, a massive spotlight has shone on the ethical behaviour of banks and other Australian financial institutions. The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry uncovered cases of corporate greed at the expense of their ethical responsibilities. At the heart of the problem, says Karen Gately, CEO of HR consultancy Corporate Dojo, is culture. Leaders are in a position to shape the behaviours of those in the workplace, whether they run a large corporate or a small enterprise.
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5/2/2021 • 11 minutes, 42 seconds
So, where are we economically?
The federal budget is around the corner, our debt blowout is mind-boggling, the vaccine roll out is stumbling and interest rates remain stubbornly low. What does it all mean for us as we steer our businesses through 2021 and beyond? Neville Norman, Professor of Economics at Melbourne University, has warnings and watchouts for us all.
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4/29/2021 • 9 minutes
Pause before you partner
All the best intentions in the world won’t fix problems down the track if you’ve failed to do proper due diligence.
As a lawyer, Jennifer Irwin-Persson has seen a lot of business relationships left in messy and costly break-ups — most of which were avoidable if proper planning was considered in the first place. Jennifer is Principal of JIP Legal, and she explains what small business owners should think about and discuss with a potential business partner before committing — and the list is a long one!
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4/28/2021 • 10 minutes, 27 seconds
Packing punch into your message
It’s much tougher to get your message heard these days among all the other messages vying for customers’ attention. Harry Mills, CEO of The Aha! Advantage, says your messages must pass the SAUCE test to pack the punch needed in these days of information overload. It’s detailed in his book, ‘Secret Sauce: How to Pack Your Messages with Persuasive Punch’. Your sales message must be simple, appealing, unexpected, credible, and elicit an emotional response.
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4/27/2021 • 7 minutes, 46 seconds
Show me the money
Barriers to growth are many - none more so than finding capital. Small businesses in particular struggle to find extra money to fund growth because of a lack of time and resources. John Di Natale, Director of Equiwealth, offers some interesting alternatives to the traditional means to raising capital.
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4/26/2021 • 8 minutes, 43 seconds
Divorce - a collision course for business?
Divorce is stressful enough but add the additional element of a family business to the mix and the complications can be hugely magnified – especially when an amicable arrangement can’t be reached by the warring couple. What’s the best way to reach an acceptable resolution – and one that won’t trigger tax issues for either party down the track? Tax specialist and Partner at Mazars, Kim Hanrick, offers some sanguine advice.
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4/25/2021 • 9 minutes, 54 seconds
The sales tool of self-persuasion
The old rules of selling won’t cut it any more as consumers become more savvy and far more cynical. CEO and sales guru, Harry Mills of The Aha! Advantage offers a technique which aims to have consumers persuade themselves to buy.
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4/22/2021 • 11 minutes, 6 seconds
Investing in today's stock market
How are you supposed to make money from your savings in this ridiculously low interest rate environment? That’s a question many investors have been asking themselves when they look at the measly returns they get from term deposits or money in the bank. Wise investors could be looking elsewhere and our wise advisor Greg Keady suggests where.
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4/21/2021 • 10 minutes, 22 seconds
How to handle difficult conversations
As painful as it is, like ripping off a Band-Aid, sometimes you just need to have a chat with a difficult staff member.
It’s never easy to confront an employee with an ongoing problem, but putting it off could lead to the issue worsening over time. Marita Ryan, Director of Marita Ryan Consulting, has some useful tips on how to conduct a critical conversation, which can actually help build trust and respect from the employee and indeed the whole team.
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4/20/2021 • 10 minutes, 8 seconds
30 years of leadership lessons
Former Westpac CEO, Brian Hartzer, has spent more than 30 years in financial institutions in Australia and overseas observing and applying lessons on how to build highly engaged teams. He’s developed a five-point framework which he outlines in his new book, ‘The Leadership Star: a practical guide to building engagement’. He shares what he’s learnt to help businesses increase customer satisfaction, employee productivity and ultimately improve the bottom line.
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4/19/2021 • 13 minutes, 32 seconds
Don't box me in!
The labels marketers use to describe consumers no longer serve the purpose they used to. That’s according to customer engagement expert, Michael Solomon, whose new book, ‘The New Chameleons’, outlines how consumers defy the categories in which businesses often put them. The world today has made our lives more complex and so too the job of the marketer. Michael says the first step is recognising that demographic dichotomies are disappearing, and that technology has eliminated the need to deal with large, homogenous segments.
Reference
Michael Solomon’s book, The New Chameleons, is available for BE Daily listeners for a 20% discount. Enter the code ‘CHAMELEON20’ at checkout:https://www.koganpage.com/product/the-new-chameleons-9781398600041
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4/18/2021 • 12 minutes, 9 seconds
Success in half a second
Writing down your goals is one thing, but following through on them to achieve success is quite another. You could do worse than follow the advice of entrepreneur Matthew Michalewicz. He has developed and grown several technology companies in the US and Australia, his last achieving revenue from start-up to $20m in just 7 years. A much sought-after speaker and now co-founder and managing director of Complexica, Matthew shares his secrets to business and life success.
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4/15/2021 • 11 minutes, 38 seconds
"How about a discount?"
After 30 years of experience, one of Australia’s best real estate agents knows exactly how to navigate the "fee reduction?" question.
If you can explain why your service is better than your competitors, you shouldn’t have to compromise on price. James Tostevin’s passion for his job and disciplined work ethic helps explain why he is so good at what he does, which translates into phenomenal success. And the lessons he gives to Business Essentials can be applied to any business.
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4/14/2021 • 12 minutes, 20 seconds
Embrace the deviants in your business
Those mavericks in your business who do their own thing might be just the people who make changes for the better.
Darrell Hardidge of SAGUITY calls them 'positive deviants' and if you think you don’t have any in your business, you might be surprised. Once you find them, Darrell says, you first need to properly engage them to make the most of their talent.
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4/13/2021 • 8 minutes, 39 seconds
How's your succession plan going?
If you’re considering retiring in the next few years, will you be passing on your business to the next generation? If so, now’s the time to start the process, advises Greg Griffith, CEO of Family Business Australia. FBA in partnership with Australian Small Business and Family Enterprise Ombudsman has developed, ‘Download ‘An Introductory Guide to Family Business Succession Planning'. Greg outlines the key points owners should think about when handing over a business to the next in line.
Reference
Download ‘An Introductory Guide to Family Business Succession Planning':https://www.familybusiness.org.au/resources/introductory-guide-to-succession-planning
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4/12/2021 • 10 minutes, 17 seconds
Don't lead with 'crumby' promises
Promising your employees bonuses or promotions, but never following through is known as “breadcrumbing”. The term originates from modern dating, where someone is being led-on with small morsels of interest, like phone calls and texts, but nothing eventuates. Karen Gately of Corporate Dojo says breadcrumbing in the workplace is dishonest, disrespectful and unfair. A more effective way to motivate staff, she says, is by being proactive and clear about individual expectations.
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4/11/2021 • 11 minutes, 14 seconds
Stop procrastinating – start planning
The bigger the project, the harder it can be to stay focused – but there are strategies to tackle procrastination.
Productivity expert, Dermot Crowley, walks us through those exercises. He says learning how to reduce or eliminate distractions will help keep you focused. Dermot insists on having a plan, otherwise you might be tempted to react to whatever or whoever comes your way.
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4/8/2021 • 9 minutes, 15 seconds
The value of a cluster board
Getting advice and direction can be hard, especially for resource-poor small businesses. Extra pairs of eyes from outside can be invaluable to the growth and success of a business. But many smaller companies worry about the costs of external direction. Business coach and leadership expert, Alan Rodway, says there is a middle road: a cluster board of diverse experts to help with your decision-making.
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4/7/2021 • 10 minutes, 18 seconds
Time to review performance reviews
How effective is the annual performance review? And is there a better way?
Timely and targeted conversations are much more effective ways to help your staff perform their best, says Anneli Blundell, co-author of ‘Developing Direct Reports’. She takes us through a three-step process on how to handle continuous conversations with your team, so they can develop their skills throughout the year.
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4/6/2021 • 7 minutes, 47 seconds
Exiting the business – at the right price!
If you haven’t started planning yet, now’s the time. That’s according to Kerry Boulton, Founder & CEO of The Exit Strategy Group, and author of ‘Million Dollar Pay Day – How To Get Rich And Get Out…Creating The Perfect Exit Strategy and Life After Business’. Kerry has walked the walk when it comes to selling a business – she built up and sold Freight Management International 20 years ago – and she has valuable lessons from that experience.
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4/5/2021 • 10 minutes, 22 seconds
What does it take to innovate?
Risk taking should be encouraged if you want to see your business innovate. That’s the message from Amantha Imber, CEO of Inventium and author of ‘The Innovation Formula’. In the book she highlights fourteen science-based keys to business innovation and she discusses some very practical ideas that business leaders can immediately implement.
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4/4/2021 • 8 minutes, 29 seconds
The power of stories to influence
Business leaders need to find better ways to influence others to navigate the world these days, but how?
Gone are the days of ‘hard power’ of command and control – it just doesn’t work in business. ‘Soft power’ of engaging and consulting is better, but takes time. Author Yamini Naidu says a powerful way to influence and inspire staff and customers is through story-telling, by grabbing emotion and connecting with the heart.
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4/1/2021 • 9 minutes, 41 seconds
Switch off and take control
How does a busy business person slow down and take back control in a world of constant noise and interruption?
Occupational therapist, Angela Lockwood, addresses those issues in her book 'Switch Off: How to find calm in a noisy world'. She has espoused everyday activities to cut out the clutter and bring focus back into our lives, including breathing exercises, outdoor play, healthy eating, laughing and meditation.
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3/31/2021 • 9 minutes, 2 seconds
The hidden traps in selling up
Selling your business can be difficult and stressful enough without the minefield of issues that can catch you out if you’re unaware. Directors, Andrew Henshaw and Scott McKenzie of Velocity Legal take us through some of the pitfalls during and after the sale agreement has been signed. It's surprising how often problems can occur, they say, and it's best to be prepared for them.
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3/30/2021 • 9 minutes, 47 seconds
9 steps to revenue growth
If you can identify the internal barriers holding you back, you may discover untapped potential to grow more revenue.
Consultant John Cleary of Cost Management Specialists has a 9-step strategy to increase cash flow – and it doesn’t necessarily mean spending more money in one area or reducing costs in another to get there. John explains how breaking down internal silos will help reveal where the opportunities for increased revenue really exist. Then, make sure you understand your clients’ needs and ask some hard questions about your product or service range.
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3/29/2021 • 10 minutes, 46 seconds
The good and bad ways to handle disruption
Like maintaining mental and physical health, it takes real effort to keep a business going. And, in a world of disruption, it can be even harder to keep moving and staying ahead of the game. Business Adviser Alan Hargreaves’ book ‘Management Reboot – 52 ideas to make things happen’ helps unpack the good and bad ways to handle the disruption of new players in the market. Alan discusses what they are and he warns businesses not to be complacent in this fast-changing world.
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3/28/2021 • 7 minutes, 14 seconds
Drive out your doubts
A little doubt can be a good thing, but too much can stop growth and cripple your business.
Coach and keynote speaker, Terry Barridge says confidence comes from doing things you’re familiar with, but if you’re taken out of your comfort zone, do you lose all confidence? In a changing business environment, future leaders need to move out of their comfort zone more often and learn to handle their doubts. Terry has some tricks on how to battle the negative self-talk, build confidence and exorcise those doubt-driven demons.
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3/25/2021 • 8 minutes, 44 seconds
Join the good culture club
An increasing number of business owners are realising that a good workplace culture is important for business health and success. Problem is, they’re not sure what they can do to improve their company culture. To help is culture change specialist, Colin Ellis, who shares a whole range of ideas from his latest book, ‘Culture Hacks’.
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3/24/2021 • 11 minutes, 51 seconds
What's common about success?
Give your team the tools to do their job and watch your business shine. That’s one of the messages from Diederik Gelderman, a successful veterinarian, who now advises others – not just vets – on how to grow successful businesses via his consulting firm, Turbo Charge Your Practice. He says being nice to people is important for not only business success but in its own right.
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3/23/2021 • 10 minutes, 18 seconds
Outsourcing your finance function adds up!
Let’s be honest, the finance side of running a business isn’t for everyone. It takes up valuable time that could otherwise be spent doing what you do best – growing your customer base, developing product, building networks, winning contracts, all the things that create success. The solution? Outsourcing, of course! That’s what Steve Dawson of Grapple decided to do – he handed his finance function over to the experts and he’s never looked back.
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3/22/2021 • 11 minutes, 21 seconds
Know your customers? Really?
Focus less on the attributes of your products and services, and more on the way they make your customers feel.
So says Michael Solomon, author of 'Consumer Behaviour: Buying, Having and Being'. He explains, with examples, how it’s important to put yourself in the shoes of your customers to gain a thorough understanding of what they really want from you. He also sheds light on how traditional consumer behaviour is shifting from owning to borrowing, and the blurring of online and real-world consumption.
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3/21/2021 • 11 minutes, 37 seconds
Making mistakes matter
Don’t be hung up on making a mistake. It can happen – learn from it and move on. Having the right attitude helps in dealing with the mistake and finding a solution, says business coach and keynote speaker, Terry Barridge. For leaders, he says, it’s important to keep a door open for the team to talk about mistakes and to foster a healthy attitude towards finding solutions.
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3/18/2021 • 8 minutes, 35 seconds
Grow your business AND stay sane
As business owners, we often get stuck in the day-to-day activities, and neglect working on the business. Systemising business processes will allow us to break free.
That's according to Joel Gerschman, Managing Dire­­ctor of The Change Coach, who’s written a book on escaping the shackles of your business to achieve wealth, freedom and fulfilment. ‘The Mindful Entrepreneur’ is all about how to make your business run without you, and he provides examples of entrepreneurs who have done that.
Joel Gerschman is CEO of The Change Coach:https://thechangecoach.co/
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3/17/2021 • 10 minutes, 59 seconds
The 3 Rs of leadership
What steps are needed to be a great leader and can anyone become one? Ricky Nowak, a leadership speaker and facilitator, has spent much of her career pondering those questions and has some practical solutions on the subject of leadership. She details her thoughts in her book, ‘How to make good people great leaders …and reap the reward!’. She outlines what she calls the three Rs of leadership, involving great relationships, resilience and respect.
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3/16/2021 • 7 minutes, 3 seconds
Goodbye stress and burnout
Workload is the number one cause of workplace stress, beating job security, life balance and people issues, according to a survey by The American Institute of Stress.
Online technology hasn't made our workload much easier. In fact, email, phone calls, text messages and impromptu meetings all add up to more work and more stress. So, what can be done? Leadership performance coach, Muffy Churches has five ‘brain games’ to regain a sense of control over the daily influx of work.
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3/15/2021 • 9 minutes, 1 second
Got a good story? Tell it!
What’s worse than having people talk about you behind your back? In a business sense, it can be worse if nobody’s talking about you at all. So, if you want your brand spoken about, it’s best that you control what people say. You can do that by telling your own stories. These days more and more businesses are discovering the powerful benefits of brand storytelling. Gabrielle Dolan is a business storytelling expert who shares ideas from her new book, ‘Magnetic Stories: connect with customers and engage employees with brand storytelling’.
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3/14/2021 • 11 minutes, 39 seconds
Watch out for dirty rotten scoundrels
Doing business with other parties is challenging enough, but even more so when you're facing a counterpart with a game plan deliberately set to undermine you.
All your best intentions for a win-win in negotiating a deal can often be thrown out the window by dirty tactics from the other side. Joel Gershman, Managing Director of The Change Coach, has some helpful tips on how to counter those tricks – and knowing they exist is the first step.
Joel Gerschman is CEO of The Change Coach:https://thechangecoach.co/
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3/11/2021 • 10 minutes, 50 seconds
Digital v Personal Touch
As a result of COVID-19, the big push these days is to go digital in our marketing and communication with customers. But are there inherent dangers in this? Are we forgetting to how to interact with our customers on a personal level? Veteran marketing expert and founder of Marketing Focus, Barry Urquhart, says digital communications is just a part of a broader mix of building relationships with customers.
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3/10/2021 • 11 minutes, 17 seconds
Are you next on the ATO's list?
Could the ATO have you in its sights? Because if you’re fortunate enough to fall into a certain category of “privately owned or wealthy entities”, the tax office is keen to find out if your tax governance is up to scratch. They’re just checking - in a friendly helpful way – but nonetheless it’s worth being alert to what’s happening.
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3/9/2021 • 11 minutes, 37 seconds
Does your new idea have legs?
Many "new" ideas already exist in some form or other — does yours bring something better to the market?
Business adviser and author, Alan Hargreaves, has three rules to test a new idea for success: Is it needed? Does it work? Can it be done better? Alan insists if your idea provides more convenience for consumers, it might be a winner.
Reference:
‘Management reboot: 52 ideas to make things happen’ by Alan Hargreaves
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3/8/2021 • 8 minutes, 23 seconds
The character test for success
It’s a fine line: having the perseverance and grit to constantly manage a business, without succumbing to burnout. Andrew May, CEO of StriveStronger, recognises the challenge businesses face and says looking after your physical and psychological wellbeing is paramount to a healthy business. He says you shouldn’t ignore the signs that your body and mind might be suffering.
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3/7/2021 • 9 minutes, 3 seconds
Don't forget the fundamentals of selling
The fundamentals of selling still exist, but sales people need to fine tune their skills and techniques to get to their prospects earlier in the decision-making process.
That's according to sales and business growth advisor, Rob Hartnett. You need to train your sales staff to be better, he says, in order to create new opportunities, capitalise on them and grow your business.
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3/4/2021 • 9 minutes, 10 seconds
Could you be accused of wage theft?
“Oh no, I’ve stuffed up the payroll and underpaid my staff!” Heard that one before? Cheryl-Anne Laird of Mazars will tell you how easy and how common it is to make mistakes in payroll. But while the headlines talk about “wage theft”, Cheryl-Anne sees it differently. Because in the vast majority of cases, she says, the mistakes are unintended. Modern awards are not easy and they’re being complicated further as a result of COVID. Separate the facts from fiction, she says, and if you aren’t sure, consult the experts.
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3/3/2021 • 11 minutes, 32 seconds
How I survived COVID
While the vaccine is being rolled out, snap lockdowns are still on the cards, keeping many businesses in a holding pattern. Financially and mentally, riding the COVID rollercoaster has been a daunting task, not all have made it through, business intact. One that has is Kate Fennessy, social media marketer and Director of Paperboat Digital. As a small business owner and single mum of one, Kate says she wishes she’d appreciated the stability of pre COVID life. From fear of almost losing the business to understanding her value in a crisis has been an incredibly stressful but absolutely worthwhile journey.
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3/2/2021 • 13 minutes, 1 second
It's OK to take a break!
To achieve your potential, you need to schedule regular time away from your business. That’s according to Andrew May, CEO and Founder of StriveStronger. Andrew reflects on the practices of sports men and women who achieve peak performance with quality rest and recuperation. Andrew explains what that means as people attempt to bounce back from a year upended by COVID.
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3/1/2021 • 10 minutes, 45 seconds
Jabs, jobs and the law
The COVID vaccination roll-out may come as a huge relief for most people, but it brings all sorts of curly challenges for employers. For example, can you require staff to have the jab before they front up at work? Can you take disciplinary action against the tricky few who refuse? What if you have anti-vaxxers in your midst, or religious purists? Can they argue the anti-discrimination rules? What then about health and safety and the employees who refuse to come to work because a co-worker refuses the jab? So many questions! And here are some answers from respected workplace lawyer Athena Koelmeyer, Managing Director at Workplace Law.
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2/28/2021 • 12 minutes
How to tackle a changing world
A few years ago, Australian Rules football legend, Rodney Eade, changed his coaching boots for the corporate sector, offering businesses lessons in leadership, especially around the area of change.
Rodney's venture is called Facing Change – a timely initiative as the world of business transforms as never before. Like team sport, he's found building a strong culture in the workplace helps bring the best out of everyone and improves the bottom line.
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2/25/2021 • 10 minutes, 31 seconds
Easing the pain of staff layoffs
Many small businesses have managed to stay afloat thanks to the government’s JobKeeper program but as JobKeeper is withdrawn, serious cost-cutting may need to be considered to keep the doors open. That might include the grim task of laying off staff. How do employers navigate the process without being dragged to the Fair Work Commission for unfair dismissal? Athena Koelmeyer, Principal and Managing Director of Workplace Law, offers some wise advice.
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2/24/2021 • 10 minutes, 11 seconds
The rigmarole around R&D tax incentives
A research and development tax incentive has been a nightmare for many small businesses, who have been told to pay thousands of dollars back to the government. Kate Carnell, Australian Small Business and Family Enterprise Ombudsman, says the Incentive is unsuitable for software development in its current form. She explains the lessons for small businesses owners who are considering applying for an R&D incentive.
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2/23/2021 • 9 minutes, 10 seconds
Selling from the coalface
Before making a big impact as a sales consultant, Tony Gattari was a leading sales manager at Harvey Norman. And for decades since, Tony’s shared his sales wisdom with some of Australia’s leading brands and sales teams. He explains how sales works in the modern world of business.
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2/22/2021 • 7 minutes, 46 seconds
7 conversations to have with staff
Mandy Holloway isn't a fan of your typical performance management appraisals which allow managers to hide behind a system. Instead, she says, managers should talk with their staff more often and in a meaningful way. Mandy outlines the seven types of conversations you should have with your team members on a regular basis to help motivate them and ultimately increase the business's performance.
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2/21/2021 • 8 minutes, 27 seconds
After JobKeeper - what's next?
A lot fewer businesses have gone broke in the last 12 months than during “normal” times. Kate Carnell, Australian Small Business and Family Enterprise Ombudsman, says it’s a consequence of JobKeeper and other benefits to support businesses during the COVID-19 pandemic. When JobKeeper entitlements expire on March 28, it will be a real concern for a lot of companies. Kate Carnell says industry- and region-specific incentives might help struggling businesses while COVID still lingers.
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2/18/2021 • 12 minutes, 37 seconds
7 social media trends for 2021
When it comes to social media, it can be hard to keep up, especially as you consider how to tackle your communications for 2021. Should you be on TikTok? What is Clubhouse?
Kate Fennessy, social media marketer and Director of Paperboat Digital, discusses 7 trends to keep in mind as you approach your social media strategy, what to block out and how to get the best results for your business. Kate also gives her thoughts on dodgy practises on the digital marketing space and how to choose a reputable provider.
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2/17/2021 • 13 minutes, 59 seconds
Can I force my staff back to the office?
It may not be yet but soon - perhaps very soon - employers will start entreating their staff back to the office. But what happens when employees resist the move and simply say “No”. This will be the start of a difficult conversation between employer and employee, says Athena Koelmeyer of Workplace Law. But the legal rules are clear.
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2/16/2021 • 10 minutes, 20 seconds
7 principles of successful marketing
Before you do anything, before you take out an ad or write a blog post, understand what your target market wants and needs.
That advice is from marketing consultant Hunter Leonard, Founder and CEO of Silver & Wise. He’s surveyed thousands of business owners and shares more than 30 years of marketing experience by listing his seven key principles for marketing success.
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2/15/2021 • 8 minutes, 46 seconds
The sharemarket’s buzzing – what on earth’s going on?
No, the US sharemarket didn’t collapse when Donald Trump left office. In fact it’s been busier than ever, there and here…on top of which we’ve had share price manipulations on a grand scale, take Reddit, for example, and then, there was Silversqueeze. What was that all about? Elio D’Amato, investment consultant and commentator, has the answers as he discusses his views about the current state of the sharemarket and where it’s heading in 2021. And by the way, he includes his hot tips.
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2/14/2021 • 11 minutes, 58 seconds
A ruthless focus on team management
Managing a team is not set and forget. Tony Gattari, Achievers Group, Founder and Managing Director, likens it to sport – your players have a KPI scoreboard which keeps them on track every single day.
Tony says if you want to improve the performance of your team members, you must set regular targets and keep revisiting them. Tony's a stickler for performance review meetings. They’ll keep your staff on track and they’ll also reveal their true capabilities. If they not up to scratch, Tony says, you’ll need to move them or remove them.
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2/11/2021 • 9 minutes, 29 seconds
Is the office obsolete?
Are you and your staff slowly heading back to the office? (COVID restrictions permitting, of course!) It’s not easy to manage. Not everyone’s as enthusiastic about it as you might be, so don’t be surprised if your request is greeted with a “Thanks but no thanks boss - I’ll see you on Zoom!”. Leading demographer Mark McCrindle has been researching the latest on who wants to work where, and why, and in the mix of it all there are leadership lessons for us all.
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2/10/2021 • 12 minutes, 31 seconds
Don't suffer from shorterm-ism
Consumers are spoilt for choice. Confronted with so many shopping options every day, people perform shortcuts in their purchasing decisions. But building brand value is more important than short-term sales results.
That's according to Troy McKinna, Co-Founder of Agents of Spring, who identifies four keys to building brand value: find your consumers' most valuable problem; design a clear solution that delivers results; sell experiences that drive profits; and embed memories that last a lifetime.
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2/9/2021 • 11 minutes, 19 seconds
Power to the people!
The frontline of business is customer service. That's where we engage with customers and – hopefully – persuade people to buy. But, why do some frontline staff fail?
It comes down to a lack of empowerment, according to customer service expert, Michael Carrick. When people feel empowered, they're much better at helping others. When we take care of our own people, Michael insists, our people will take care of our business.
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2/8/2021 • 11 minutes, 32 seconds
Sales - its reputation and how to restore it
The profession of selling has been hijacked by the bad behaviour of a few, leaving a negative perception about selling and salespeople as a whole.
That's according to sales expert Sue Barrett, Founder of Barrett Consulting Group, and she’s determined to reverse that perception with her Selling Better manifesto, a set of principles to help the profession reclaim and practise the true essence of selling.
Reference
You can find Sue’s ‘Selling Better Manifesto’ at:https://www.sellingbetter.com/
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2/7/2021 • 7 minutes, 40 seconds
Stop! It's a scam!
Be aware of Business Email Compromise (BEC) scams warns tech expert, Steve Sammartino. He says that scams like these are increasing as improved technology allows scammers to impersonate you and your business. Steve explains what they are and how to protect yourself from them.
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2/4/2021 • 13 minutes, 49 seconds
Turning bosses into leaders
Show humility, be open and transparent, and be comfortable within your own skin. Those are some of the qualities of good leadership.
Tony Gattari, Founder and Managing Director of Achievers Group, says charisma isn't necessarily the way to achieve great leadership – instead it's making yourself vulnerable and open with your team, and having brutally honest and fearless conversations to build mutual respect.
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2/3/2021 • 8 minutes, 2 seconds
Building trust in a low-trust world
If a high amount of trust directly affects your bottom line, as Harry Mills proclaims, how then do you build, or re-build, that trust with customers?
Harry is CEO of the Aha! Advantage and he says finding something special in common helps build a bond. It's all about communicating warmth, and Harry provides tips on how to get customers to buy into the relationship.
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2/2/2021 • 8 minutes, 23 seconds
How to hold on to your star performers
With the summer holidays well and truly behind us, it's often now that key staff leave for another company. That's according to recruitment specialist Geoff Balmer, who explains why they might head out the door and what you can do to prevent that from happening.
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2/1/2021 • 9 minutes, 33 seconds
Don't forget your manners
One of the many consequences of COVID-19 has been the lack of human connection. While technology has filled the gap, it’s as important as ever for businesses to provide that human touch and meaningful customer experience. Customer service expert, Jaquie Scammell, discusses how companies can gain a competitive advantage by developing a successful service culture.
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1/31/2021 • 11 minutes, 37 seconds
More ways to free up time
Start on time, finish on time and have an agenda. Sounds simple, but how often do we find ourselves in meetings that don't follow these three principles?
Les Watson, author of ‘Get Back An Hour In Every Day’, discusses how to free up your time at work by following some wise management strategies, along with some innovative ideas to relieve time pressures.
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1/28/2021 • 8 minutes, 10 seconds
Unlock the genius in your business
“Innovate or die!” How often have we heard that? But as business leaders, we don’t have to come up with the bright ideas. Ally Muller, Managing Director, GOYA Consulting reminds us that some of the greatest ideas come from within our own businesses – from people who work for us day in and day out, who know the problems and most probably the solutions too, as long as we’re prepared to listen to them. Ally has written a book about it, called ‘Corporate Innervation’, where she reveals how we can unlock the genius in our businesses, if we’re open to it.
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1/27/2021 • 11 minutes, 14 seconds
Why customers leave
What's likely to drive customers away from your door, never to return? Research shows some underlying factors which will eventually mean survival or not for your business.
Entrepreneur, Neville Christie uncovers the reasons why customers become cynical about who they buy from, and he suggests ways to make sure that cynicism doesn’t apply to you. It's all about innovating and ensuring you're implementing ethical business practices that reflect the behaviour people expect from the businesses they deal with.
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1/26/2021 • 7 minutes, 18 seconds
Financing your business post COVID
So, you’ve survived COVID – so far. But at what cost? And as government support reduces, how will you manage to rebuild a viable business into the future? According to Angela Winton, Head of Mazars’ Banking and Finance team, there has never been a more challenging time to secure business finance. Are you prepared? And are you talking to the right people at the right bank?
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1/25/2021 • 6 minutes, 52 seconds
Is your lawyer stuck in the past?
Is the legal profession in a time warp? Lucy Dickens believes it is. She’s a lawyer, a leader in legal innovation, and author of a new book titled 'It’s time to do law differently'. Lucy says there’s a new generation of lawyers and legal firms who are keen to do just that, but it’s hard going for many who find themselves up against entrenched attitudes. …oh, and let’s not get started on the billable hour!
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1/24/2021 • 10 minutes, 58 seconds
Overcoming insecurity
It’s something a lot of people would never admit to being. Insecurity manifests itself in many ways but can have a devastating effect if left unchecked and unresolved. Jaemin Frazer has made it his life’s mission to help people overcome their insecurities. He’s founder of The Insecurity Project and author of Unhindered: The Seven Essential Practices for Overcoming Insecurity. In this episode, Jaemin outlines those seven practices to unlock yourself from self-doubt and fear.
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1/21/2021 • 12 minutes, 33 seconds
9 ways to manage underperforming people
As much as we'd wish it, not all staff are high achievers. In fact, some people don't perform up to scratch. So, what can you do about them?
Karen Gately, CEO at Corporate Dojo, has nine solutions to get those underperformers on track. It's about acting early, decisively and honestly; and it's about being able to handle an upfront conversation to deal with performance issues.
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1/20/2021 • 8 minutes, 52 seconds
Business as usual won't cut it
Brian Sands was facing a world of hurt during the global financial crisis in 2008-09. He was the Managing Director and major shareholder of a construction business which was bleeding money. By adopting a different mindset and developing a leaner and smarter roadmap, not only did he stop short of the insolvency cliff, his business grew to 100 million dollars.
Reference:
Purchase a copy of Brian’s book ‘Stop the Bleeding'
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1/19/2021 • 6 minutes, 51 seconds
Finding one more hour in your day
In a world that just keeps getting busier, how do we find time to get through our daily tasks? Switching the notifications pings off your computer and mobile phones is one suggestion.
And there are many other strategies from Les Watson, Time Lord and author of ‘Get Back An Hour In Every Day: The A-Z of Being More Productive’. Another is prioritising your tasks by ditching or delegating the less important work. Or even saying No!
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1/18/2021 • 11 minutes, 6 seconds
Being "right" can be oh-so wrong
How can you expect to please your customers when you’re determined to keep putting them “right” all the time? It's easy to fall into the trap of being right, says professional speaker on customer service Martin Grunstein, but that's not what the customer is looking for from you. Martin has examples of sales staff correcting their customers, and of companies enforcing rules that could be pushing people away.
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1/17/2021 • 9 minutes, 13 seconds
Don't rush to court - there's another way!
Not only can the cost and time involved in a legal dispute be prohibitive for a lot of business owners, but the stress can be overwhelming. Is there another solution?
Mediation is an option worth considering, says lawyer Alison Shaw of Shaw Mediation Australia. Its benefits, she says, include convenience, privacy, reputational discretion and the ability of each party to influence the outcomes.
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1/14/2021 • 12 minutes, 11 seconds
I'll tell you a story
Have your ever wondered how the best salespeople win over their clients? With decades of experience, Mike Adams says the common thread is storytelling. Mike insists stories help establish rapport and trust, inspire action and close the deal. He shares tips from his book, 'Seven Stories Every Salesperson Must Tell', based on extensive research and his own international sales career.
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1/13/2021 • 11 minutes, 3 seconds
Hot leads from cold calls
Preparation is so important to telephone sales – have a script, write down key objections, but most importantly "master your mindset".
That's the advice from Ashleigh Hoult, founder and director of The PromoDonna. These days a lot of businesses are reluctant to do cold-calling as a business strategy and have lost the art of speaking on the phone. That paves the way for others who understand the benefits of cold-calling, so long as they know the tricks to get to the decision-maker and make a compelling case for your business.
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1/12/2021 • 13 minutes, 8 seconds
New years resolution - controlling email
If you don't have strategies to tackle the onslaught of incoming emails, you'll spend even more time trying to find the important ones and be distracted by the ones that are less so.
Email expert Steuart Snooks of Solutions 4 Success has a tonne of tips to manage your emails and get more time back in your day.
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1/11/2021 • 6 minutes, 57 seconds
Keys to success in 2021
Don’t look back! If ever there was a message from veteran leadership expert and business coach Alan Rodway, it’s that we can learn from the past, but we most definitely mustn’t return to the past if we want to find success in the coming year. He offers thoughts and strategies on how we can do that as we tackle the big challenges of moving out of 2020 and into 2021.
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1/10/2021 • 14 minutes, 16 seconds
Summer Series: Tied down by expectations? Let 'em go!
Living up to the expectations of others can be a heavy weight. From childhood to our working lives and beyond, we’re largely driven by what’s expected of us. But what if those expectations tie us down and prevent us from reaching our dreams? As a keynote speaker, author and mentor John Di Natale, knows first-hand about managing expectations of others and going his own instead.
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1/7/2021 • 8 minutes, 7 seconds
Summer Series: Shut up and sell!
If you ask questions and listen to the answers, you will learn what your customers want. Selling becomes easier and you don’t have to talk so much, says sales expert Colin Pearce.
Colin has been training salespeople for many years and has a bag full of tips on how to sell more, easier and faster. Talking too much is a bane for many salespeople, and it's their "overselling" which often puts people off.
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1/6/2021 • 11 minutes, 3 seconds
Summer Series: Using the news to build your name
How would you like to be on the front page of the paper without having to pay for it? It starts with having something to say. Nicole Ashby's heart was racing and her palms were sweaty when she first spoke on radio about the impact of a fly-in fly-out workstyle on the families left behind.
That was the first of many hundreds of media interviews she performed as Founder and Director of FIFO Families. The exposure was the equivalent of hundreds of thousands of dollars in paid advertising – all free! To gain this kind of exposure for themselves and their business, Nicole explains how business people can and should approach the media.
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1/5/2021 • 13 minutes, 14 seconds
Summer Series: Is your website your best salesperson?
How effective really is your website? If you haven't thought about it that much, then you're not taking advantage of one of your best sales tools.
Irwin Hau is the Director of web design agency, Chromatix, he also understands that a great website is more than just design alone. He matches the psychology of consumer behaviour with the magic of web tools to create a first-rate customer experience – all of which translates to sales. For the average business owner, you don't necessarily have to build a website from scratch. Irwin provides some practical tips you can use today to improve your current website.
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1/4/2021 • 10 minutes, 44 seconds
Summer Series: The man who put the "i" in iPhone
Apple worked hard to keep things simple - we see it everyday in its products and its success. From the man who named the iMac and who was integral to Apple’s ‘Think Different’ marketing campaign, Creative Director Ken Segall spent 12 years working with Steve Jobs and experienced first-hand his obsession with keeping things simple. Ken wrote about it all in his book ‘Insanely Simple: The Obsession That Drives Apple’s Success’. He shares with us the many lessons he learned about one man's single-minded drive for simplicity, in a complex business world.
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1/3/2021 • 10 minutes, 30 seconds
Summer Series: Stay optimistic - it's great for business
While the economy continues to take a pummelling and businesses struggle to forge ahead, is there any room for optimism at the moment? Former politician and barrister Victor Perton certainly believes so – in fact, he says it's undeniable that an optimistic attitude can lead to opportunity and, therefore, business growth. As Director of The Centre for Optimism, Victor shares his tips on how to be more optimistic. Don't miss this episode – his enthusiasm is contagious!
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12/31/2020 • 10 minutes, 55 seconds
Summer Series: Beware the spam laws!
In early July 2020 the Woolworths Group was fined $1M for significantly breaching spam laws. The highest amount ever issued by the Australian Communications and Media Authority or ACMA. A strong, public rebuke was also given by the ACMA Chair, Nerida O’Loughlin, calling the scale and prolonged nature of the non-compliance, inexcusable. It’s not a cautionary tale for enterprise companies alone, but a warning for businesses of all sizes. The ACMA receives thousands of spam complaints each year from consumers, which they report directly to the offending businesses. Ignoring the spam laws, and ACMA warnings, is clearly done at the peril of each business.
References
Information on the spam act, compliance or to make complaint about spam:Australian Communications and Media Authority
Information on privacy and freedom of information:Office of the Australian Information Commissioner
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12/30/2020 • 13 minutes, 36 seconds
Summer Series: Getting LinkedIn
LinkedIn is one of the best social media platforms for reaching out individually to prospective clients. The problem is, insists LinkedIn expert Ty Giuliani, business owners aren't active enough to get the results. Ty shares his tips on developing a strategy and framework to establishing rapport with your market and creating business opportunities.
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12/29/2020 • 12 minutes, 29 seconds
Summer Series: ClimateWorks for business
For some business owners the environment might be the last thing you’re considering as you navigate operations through the pandemic. With visible improvement in water and air across the globe during COVID-19 it’s an image we can have in the future if we begin to rebuild with climate in mind. The best part is that the solutions are accessible, available and won’t break the bank.
Anna Skarbek is CEO of ClimateWorks Australia, a non-profit think-tank and advisory body helping bridge the gap between climate research and action, so not just talking about the numbers and data but working through policy to get the job done. And what’s the goal? Net zero emissions by 2050.
References
Find out more information about energy saving technologies for your business, by following the links below:
Better Building FinanceClimate Active - Carbon Neutral Certification)Decarbonisation Futures - ClimateWorks net zero emissions pathways report
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12/28/2020 • 13 minutes, 22 seconds
Summer Series: The 3 traits you need to be a great leader
Your staff look up to you for direction, encouragement and inspiration. Your leadership qualities will directly affect the way they work. So, how do you become a better leader?
Corporate psychologist Rhonda Andrews examines the three characteristics which shape true leadership: emotional intelligence, social intelligence and technical competence. No industry has a monopoly on true leadership – or terrible leadership. It depends on the individual and how she or he develops their own leadership skills.
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12/27/2020 • 8 minutes, 5 seconds
Summer Series: Wayne Schwass - The mental health warrior
Former AFL footballer Wayne Schwass has spent decades dealing with depression and anxiety, so he knows first-hand the debilitating effects it can have on one's personal and professional life.
Today, Wayne's a mental health advocate through his organisation, PukaUp, helping to spread the word and provide support about mental health issues in the workplace. He tells his own story and what can be done to alleviate the difficulties people can have with depression and anxiety.
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12/24/2020 • 13 minutes, 51 seconds
Summer Series: Don't dismiss the "mums" market
If you've never seriously considered "mums" as a potential market before, think again. You might be surprised by the spending power of this enormously influential group. Katrina McCarter says most businesses would benefit from having a strategy to target this powerful group of spenders. For example, women are starting businesses at much higher rates than men and are purchasing services and products to help support their enterprises.
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12/23/2020 • 11 minutes, 57 seconds
Summer Series: Go on, fail, I dare you!
Failure isn't something we should avoid at all costs – on the contrary, failure is a powerful force on the journey to success. Entrepreneur and key-note speaker, Gabe Zichermann, says if you don't feel the fear of failure, then you're not pushing yourself hard enough. In other words, fear often indicates you're on the right track.
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12/22/2020 • 12 minutes, 13 seconds
Summer Series: Innovation - it's a beautiful thing
Ebru Sak is an amazing entrepreneur and innovator with energy, compassion and enthusiasm for business and life. Her early life was a struggle as she was dragged out of school by her father and forced into an arranged marriage at 16 years old. With courage she divorced and paved her own way into the hair and beauty industry. With almost three decades' experience as a business woman, she reflects on her business success and innovation, including research and development of a world-first cosmetic product, Duo by Ebru.
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12/21/2020 • 14 minutes, 21 seconds
Summer Series: Now's the time to ditch bad habits
Yes, it's true we can all learn from our own mistakes – but sometimes it's better to learn from others' mistakes. Alan Rodway has a list of common mistakes he sees in business.
Alan takes us through poor choices that abound in decision-making and planning. A common thread in these mistakes is using a traditional and default way of thinking by avoiding new ideas, not engaging with different people and ignoring new technology.
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12/20/2020 • 13 minutes
Want to grow? Get prospecting!
Don’t give up - do it regularly and consistently and you'll reap the benefits. Just like an exercise regimen, prospecting for clients can be daunting - particularly the cold-calling side. But prospecting is more than just cold-calling, and if done properly it can be bring real benefits to your business. Ingrid Maynard knows - she’s had more than 25 years' experience in sales and she advises businesses on lead generation through her company, The Sales Doctor. Ingrid explains what it takes to be a great prospector.
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12/17/2020 • 8 minutes, 56 seconds
Creative ways to reward staff
Bosses are often so focused on putting out fires that they neglect to recognise the good work done by their staff. HR consultant Karen Gately, at Corporate Dojo, says employees are energised when their achievements are noticed and then rewarded. And, no, money's not always the biggest motivator in the workplace, as Karen offers some smart and creative ways to reward employees.
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12/16/2020 • 7 minutes, 55 seconds
Low cost ways to win business
How do you get yourself heard in a market where competitors are all loudly banging the marketing and sales drum? Business advisor Darren Fleming has a few ideas – strategic tasks you can implement and share among your team over the course of the year. The great thing is they're low cost – even no cost – to the bottom line.
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12/15/2020 • 7 minutes, 40 seconds
Looking for sales growth? Then FOCUS!
Those sales people - they promise the earth but oh the disappointment when the results come in. Do you blame Sales and Marketing or is there an underlying problem? With 25 years of experience in helping companies turn their fortunes around, Adele Crane understands the reasons why sales fall short of the mark and what CEOs need to do to bring about change. And it’s all laid out in her new audio book, 'The Sales Focused CEO: looking at business through a new lens'. And here, Adele highlights how to dig beneath the surface to achieve real sales success.
Reference
Find out more about Adele Crane’s latest audio book, The Sales Focused CEO
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12/14/2020 • 13 minutes, 33 seconds
Is working from home the new normal?
Australians should be proud for achieving what many would have said was impossible, and that’s continuing to work through 2020 as offices closed around the country and staff in their droves retreated home. So says Cheryl-Anne Laird of the HR and IR Division at Mazars. The question is: will employees now be happy to return to their workplaces now that COVID is, fingers crossed, behind us? In fact, can employers insist that their staff return even if they now don’t want to? And what about the issue of productivity at home versus the office? Cheryl-Anne offers some wise advice on the challenges of bringing staff back to the office, including the current regulations.See omnystudio.com/listener for privacy information.
12/13/2020 • 11 minutes, 20 seconds
Do you love what you do?
What does your business stand for and why do you do it? If you can understand that and convey that to people, it could be your best competitive advantage.
Andrew Van De Beek owns an accounting practice, Illumin8, which is a bit different to other accounting firms. In fact, Andrew looks and behaves differently to many others in his profession – he has a full hipster beard, he has a dream to open a whiskey bar, and he wants his clients to get out of bed every day to devote their time doing what they really want. He has advice to other business owners about how to achieve their dreams.
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12/10/2020 • 9 minutes, 31 seconds
Girls don't lay bricks
Casey Mackinlay’s journey from bricklayer to CEO of an events company with 100+ staff is a tale of grit, determination and love for her son, Kingston. As a teenager, Casey was on the path to becoming a bricklayer when she fell pregnant. With no maternity leave available, and a partner who didn’t step up to the plate, she was soon a single mum on the way to building not one, but two successful businesses. Casey’s story is one of inspiration for anyone looking to pursue their own dreams.
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12/9/2020 • 12 minutes, 5 seconds
Prepare to nail the sale
Sales isn't just about turning up and relying on your instinct or other skills. Each customer is different with his or her own wants and needs, and you need to prepare for each one.
Rachel Bourke of SalesSPACE says salespeople should go through checklists before even stepping into a sales meeting. Rachel's sales meeting preparation pack includes a personal checklist to ensure you look the part and are speaking the language of your prospects.
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12/8/2020 • 8 minutes, 20 seconds
Silly season watchouts
Have yourself a merry little Christmas, sure, but don’t let the end-of-year party get out of hand. It’s been a year like no other and you and your staff deserve a celebration. But a well-meaning reward could turn into a legal nightmare, warns Principal and Director of Workplace Law, Athena Koelmeyer, who provides examples of what could go wrong if you’re not prepared.
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12/7/2020 • 12 minutes, 30 seconds
Breaking down barriers to productivity
To be a better and more productive team member, don't get distracted and don't disrupt others around you. That’s advice from Dermot Crowley, author of ‘Smart Teams: How to work better together.’ Two disruptive patterns we all create at work are emails and meetings. Dermot asks, do you really need to copy someone on a message who doesn’t need it? And, must you always drag someone into a meeting who doesn’t need to be there?
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12/6/2020 • 10 minutes, 36 seconds
Storytelling works!
What's your story? Every business has one, and it will help you better connect with potential customers by telling it.
Sales expert Colin Pearce says storytelling works if you want to build brand value. Stories move people and they’re a wonderful way to create memorable experiences about your business which will build loyalty and keep your customers coming back.
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12/3/2020 • 9 minutes, 36 seconds
The 5 archetypes of leadership
Leading teams can be tricky – there are different personalities, a myriad of complex human behaviours and inevitable clashes between individuals and groups. Leadership expert Zoe Routh helps clarify how you see yourself, your people and your business with her five leadership archetypes: the elder, the warrior, the diplomat, the guardian, and the pioneer. Identifying your archetype will help you gain a new perspective and self-awareness to create positive change in your organisation.
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12/2/2020 • 10 minutes, 47 seconds
How to deal with angry customers
When a customer is upset with product or service, it’s often the frontline staff who cop the complaint. To ensure a bad situation doesn’t get worse, it’s important to know how to deal with a customer’s difficult behaviour. Customer service expert, Monique Richardson outlines strategies businesses can adopt to handle customers in different challenging situations.
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12/1/2020 • 15 minutes, 30 seconds
Retirement made simple
Whether retirement is a long way off or just around the corner, it’s something you should always be planning for. But, retirement can be complex. You need to consider investment assets, tax implications, downsizing, superannuation and whether your money will last. Noel Whittaker, Australia’s most trusted finance writer, explains what you need to consider when investing in your future.
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11/30/2020 • 12 minutes, 1 second
Developing your billion dollar idea
So you think you’ve got a brilliant idea for a new business – and it’s going to make you a billion dollars. Well maybe it will! But much can happen between an idea in your head and a product in the market place – and plenty can go wrong in the process. So why not take a few cues from entrepreneur and digital marketing leader, Darren Moffatt. He knows just what’s involved in bringing new products to market – he’s even hosting a podcast about it.
Reference
Listen to the 'Nerds of Business' podcast episode, 'Product Ideation: How To ‘Think’ Your Way To A BILLION Dollar Business Idea'.
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11/29/2020 • 12 minutes, 18 seconds
Transitioning to the future
Rapid advances in technology have delivered us much better access to ideas and human capital than ever before to help grow our businesses. Futurist Steve Sammartino encourages businesses to embrace a collaborative approach to business growth. You don't have to invent new stuff – instead, some of the fastest growing companies are combining existing tools and technology to be "architects of the future".
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11/26/2020 • 10 minutes, 18 seconds
Designing a salary package that works
Getting the right balance for your staff's remuneration can be tricky, so what should you be thinking about?
It's not as simple as matching your competitors, insists HR and management consultant, Karen Gately. You should consider other factors, including incentives for salespeople, as well as non-monetary compensation.
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11/25/2020 • 6 minutes, 40 seconds
Be brave - be expensive!
Are you sick of not charging enough for what you do – but you don’t dare jack up your prices in case your customers desert you in droves, then sit back and listen to some salient advice from Australia’s number one business author, Andrew Griffiths. Enough’s enough, he’ll tell you. Be brave and take a leap into “expensive” territory. It’ll transform your business – and your life!
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11/24/2020 • 13 minutes, 47 seconds
Be strategic with your social media
As people spend increasing amounts of time online, it's worth being strategic about how your business uses social media and other online tools to target potential customers. But, how much time do you really need to invest in making it work?
That's one of the biggest misconceptions about using social media, says business consultant, Nicola Moras. Author of a new book, 'Visible', Nicola says you don't need to be everywhere on social media and you don’t need to spend countless hours posting, updating or sharing content.
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11/23/2020 • 11 minutes, 35 seconds
Unleashing your greatest potential
‘It’s All Possible!’ – the book title sums up Rob Hartnett's positive approach to personal development and business. From positive thinking to positive action, he says we can all achieve our dreams.
Rob outlines his four-step possibility system to help us all achieve our goals. He combines his own story of personal development and achievement, with the inspirational stories of other everyday people who have overcome challenges to reach remarkable success.
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11/22/2020 • 12 minutes, 21 seconds
Kicking leadership goals
Everyone has a role to play in a winning team — and leadership is an important part of that. Having played 378 games for the Essendon Football Club, footy legend Simon Madden has proven his mettle on the field both as a player and as a leader. And now, as founder of Simon Madden Consulting, Simon advises organisations on how to build winning teams. He says if you can improve your people, you can improve your business.
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11/19/2020 • 9 minutes, 9 seconds
The value of constructive feedback
A lot of business owners find it uncomfortable to provide constructive feedback to staff, and when they do it's often ineffective. Business and leadership coach, Mandy Holloway - who has examined numerous businesses across Australia - says feedback should not be about fixing someone. Instead, she says, it's about holding a mirror up to staff to make them aware of their behaviour.
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11/18/2020 • 10 minutes, 3 seconds
Is an SMSF right for you?
We all want to live happily ever after work, don’t we? And that means shoring up all those superannuation savings we’ve made over the years so there’s money in the bank come retirement. Question is, do we leave it to those huge industry or retail superannuation funds or do we take control ourselves through a self-managed super fund? Here’s some super advice from the experts, Michael Jones, Superannuation and Business Advisory Partner at Mazars, joined by Mazars Superannuation Partner Clive Todd.
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11/17/2020 • 13 minutes, 40 seconds
Catch of the Decade - The rise and rise of online sales
Because of COVID-19, 2020 has brought immense opportunities for online businesses. Gabby Leibovich describes the current digital market and reflects on his own success of building and then selling the Catch group of companies for more than $1 billion. Gabby and his brother Hezi have written about their journey and they offer more than 200 tips for those looking to build their own digital empire in their new book, ‘Catch of the Decade’.
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11/16/2020 • 7 minutes, 33 seconds
The phone's ringing - goody goody!
One of the best sales opportunities that's often ignored is customer enquiries from inbound phone calls. Colin Pearce explains how to win long-term loyal customers with his six-P's approach.
When the phone rings in your business, Colin insists, be prepared to answer promptly. And then, be positive from the outset, be precise when scheduling an appointment, be personal, and – most importantly – be polite.
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11/15/2020 • 9 minutes, 45 seconds
It's nuts but we love it
What started as an accidental hobby has become a fully-fledged business and the foundation for a perfect lifestyle in far north Queensland. Casey Willetts and her husband, Jesse, make chips, granola and muesli from naturally grown coconuts close to their home in Port Macquarie in far north Queensland. Television appearances and awards have helped build the reputation of their label. Despite offers to stock the shelves of the big supermarkets, Casey and her husband are not looking to expand.
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11/12/2020 • 9 minutes, 47 seconds
Banish waste one step at a time
The idea of reducing waste is great one, but how do you start? Back in 2018, Lottie Dalziel decided to dramatically reduce her waste but quickly realised how difficult it was to find the right products and reliable information. So within just two weeks, she started online store and education platform, Banish. It not only provides consumers and businesses a one stop-shop for education and information, but an opportunity for brands to sell their eco-friendly products, if they meet the strict Banish guidelines.
Reference
Find out how to reduce waste and what products to purchase, at Banish.
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11/11/2020 • 16 minutes, 55 seconds
Growing in recessionary times
Dom Crawley reckons a recession, like the one we’re in, or an industry downturn is an opportunity to re-evaluate processes, examine your waste, and focus on providing the best value for clients.
If you can maintain the discipline in the tough times, he says, you and your business will be in a better competitive position when things turn around. Despite a downturn in the building industry, Dom's concreting business BASECON has in fact grown – he explains how.
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11/10/2020 • 10 minutes, 54 seconds
Catch of the Decade - It's all about your people
Much has been said and written about entrepreneurs and the success borne from those committed to building and growing their own business. Less appreciated are the “intrapreneurs” – those talented employees who are as committed to your business as you are. It’s those intrapreneurs that Gabby Leibovich and his brother Hezi recognised and rewarded to help grow Catch, Menu Log, Scoopon, Luxury Escapes, and other businesses, which they sold for a billion dollars about a decade after launching.
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11/9/2020 • 8 minutes, 40 seconds
A new spin on gifting
Buying a gift, at the best of times can seem like a chore, especially when it comes to corporate gifting. But what if you could outsource this to an expert and have one less thing on your to do list? Laura Szkudlarek, Founder of Gift Hunters Australia, says that corporate gifting is not a just a chance to send hamper at Christmas, but a relationship building opportunity, that should be built into your marketing strategy.
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11/8/2020 • 13 minutes, 42 seconds
The value of a job description
If your employees don’t know what they’re supposed to do, how do they or even you know whether they are doing a good job? A job description is key, and it’s something that you should be updating regularly. Carmel Brown, Director of The Proven Group, explains what should go into a job description and outlines some of the common mistakes she sees business owners make.
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11/5/2020 • 7 minutes, 46 seconds
7 deadly start-up sins
Start-up life is never easy, but entrepreneurs are born with an innate desire to create and build. There are however some well-worn pitfalls that entrepreneurs keep tripping up on. Tara Shelton is founder of a number of successful businesses, including 'Dream & Do', a creative agency that helps start-ups build their brand and communications. She says that she’s seen it all before — the good, the bad and the ugly — so, she’s identified 7 deadly sins that entrepreneurs keep making but need to avoid.
Reference
Contact Creative Director and Founder, Tara Shelton at Dream and Do.
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11/4/2020 • 12 minutes, 41 seconds
Time to smarten up
Does your business have a uniform? It's not only beneficial for frontline staff, a shared dress code can improve morale for all members of an organisation – and it’s great for your brand.
Pamela Jabbour is CEO of Total Image Group, which designs and supplies uniforms for some of Australia's biggest brands. In fact, it was the official uniform supplier for the Australian Winter Olympic Team. Pamela explains why uniforms make business sense, what to wear in the office, in the store and on a Zoom call.
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11/3/2020 • 10 minutes, 57 seconds
US votes - will shareholders win?
It’s come to this at last, and as the whole world watches on, just two names now count on the global stage. Trump – or Biden. Who’s it to be? We’ll soon find out as voting in the 2020 US election draws to a close – or maybe it won’t be so soon if the result is a close-drawn thing. But as the world sits on edge, what’s happening to the sharemarket and how should investors respond?
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11/2/2020 • 12 minutes, 46 seconds
Catch of the Decade - lessons from a digital titan
In 2006, Gabby and Hezi Leibovich launched Catch of the Day, a website selling just one deal a day. By 2010, it was Australia’s number one shopping site, and in 2019 they sold the business to Wesfarmers for a whopping $230 million. How did they do it? Well, it’s detailed in the brothers’ new book: ‘Catch of the Decade: how to launch, build and sell a digital business’. Gabby shares his tips and his journey over three episodes for Business Essentials Daily.
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11/1/2020 • 10 minutes, 28 seconds
Beware sociopaths in your business
It might be that you meet someone that comes across as your new best friend, but the charming behaviour of a sociopath is merely a front for their own selfish intentions.
The best thing you can do, says Professor Gary Martin, is not hire them in the first place – but it's not always easy to spot someone with sociopathic tendencies. Professor Martin, CEO of the Australian Institute of Management in WA, takes us through six signs to determine if there’s a sociopath lurking in your business.
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10/29/2020 • 10 minutes, 31 seconds
5-step innovation toolkit
Innovation is supposed to help drive growth. If you don’t innovate, they say, you’ll stay stagnate and eventually fall behind. So, how does a business innovate? If only there was a toolkit that could show us the way. There is! It’s called 'Innovator’s Playbook: how to create great products, services and experiences.' It’s a new book by Nathan Baird, Founder and Managing Director of Methodry, who walks us through the five steps to a design-led approach to innovation.
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10/28/2020 • 8 minutes, 19 seconds
Lessons from an unlikely entrepreneur
There’s no end of advice on how to run a business. But often you just want to hear it from the horse’s mouth – someone who’s taken all the hits, fallen down, picked themselves up and forged ahead. Alan Manly, CEO of Group Colleges Australia, is one such individual who shares his lifetime of lessons in his book, ‘The Unlikely Entrepreneur’. In this episode, he recounts some of his lessons to a new generation of entrepreneurs.
Reference
Purchase a copy of ‘The Unlikely Entrepreneur’ by Alan Manly
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10/27/2020 • 9 minutes, 22 seconds
Time's money - invest it well!
Yes, we could all manage our time better. And the best way to do it? Kate Christie will tell us that we must stop thinking “management” and start thinking “investment”. Because time is a very precious commodity and we need to make sure we’re getting the best return on it. In fact, Kate, a time management expert and Founder and Director of Time Stylers will tell us that the investment approach will help us recoup 30 hours a month, every month. And what should we do with all that time? Spend on ourselves!
Reference
Order a copy of Time Management Expert, Kate Christie’s book, “Me first: the guilt-free guide to prioritising you".
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10/26/2020 • 12 minutes, 3 seconds
Perfecting your pitch
Andrew Ford, Founder of Social Star, has turned the elevator pitch on its head with his own pitch structure which aims to be more conversational. The standard elevator pitch, he insists, is one-directional and lacks true engagement. With practice, your pitch shouldn't feel like selling; instead, it should feel like you're providing answers to someone's questions. The challenge Andrew sets out to solve is getting them to ask you questions.
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10/25/2020 • 8 minutes, 15 seconds
How to get buy-in to your ideas
If you want your team to be fully committed to your idea, first it's worth spending time with them to connect and develop a level of trust. That's according to Simon Dowling, business coach and author of ‘Work With Me: How to get people to buy into your ideas.’ You’ll achieve the best results, he insists, if you have a team who’s as enthusiastic and willing as you are about your idea.
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10/22/2020 • 10 minutes, 32 seconds
Managing talented but tricky staff
Sometimes your most talented employees are also the hardest to manage. How do you keep them in line?
It’s a common dilemma for business owners. The standout performers in your business are often the hardest to manage. They make good money for you but in the process, they upset others and can be unwieldy in conforming to the best interests of the business. Aaron Goonrey, Partner at Lander & Rogers Lawyers, highlights three types of talented but tricky staff and what you can do to manage their quirky behaviour.
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10/21/2020 • 9 minutes, 29 seconds
Keep your integrity intact!
Sure, it’s easy to be a fine upstanding business citizen when everything’s going well. But what happens if times get tough – like now? Are you tempted, just a teeny bit, to compromise your integrity for the sake of a few dollars more or just to get that deal over the line? Well don’t be, warns veteran business coach, Alan Rodway. That slippery slope will lead you nowhere.
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10/20/2020 • 11 minutes, 24 seconds
Are you a bad boss?
There’s nothing good about bad bosses. Often, they are the reason a workplace is toxic, they can lead team members to suffer stress and mental health problems, and they’re the cause of staff turnover. However, bad bosses are not necessarily bad people – and they can learn to be good or even great. That’s according to workplace expert, Michelle Gibbings, who shares lessons from her new book, ‘Bad Boss: what to do if you are one, manage one or work for one’.
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10/19/2020 • 10 minutes, 10 seconds
Keeping the tyre kickers at bay
If tyre kickers are tying up your time seeking quotes and proposals without coming through with the work – then it’s time to call them out.
Preparing detailed proposals is a time-consuming part of a sales person’s job. There’s a substantial cost involved, says respected sales expert Sue Barrett, and you can’t afford to waste time if that client seldom or never comes back with the goods. Tyre kickers, Sue warns, may be after more than you think when seeking a proposal from you.
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10/18/2020 • 11 minutes, 38 seconds
A new approach to support mental health
It comes as no surprise that calls to mental health support groups have spiked during COVID-19. In particular, business owners have been doing it really tough with the awful potential of closure, laying off staff and simply trying to perform at peak, while the world seems to be crumbling around them. Beyond Blue recognise the challenges and have developed a new approach to supporting business owners by targeting business advisers. Tim Hoopmann is a business trainer and speaker for Beyond Blue, and he explains how the ‘Mental Health and Wellbeing: support yourself and small business’ program can help.
References
Mental Health and Wellbeing: support yourself and small business
Coronavirus Mental Wellbeing Support Service
HeadsUp – Better mental health in the workplace
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10/15/2020 • 13 minutes, 58 seconds
A perfect storm for mature workers
Do you have a problem with employing mature-aged workers? Lots of us do, apparently - and that’s a huge shame, for employers who miss out on the experience that maturity brings and for mature workers as doors slam shut on their employment opportunities. And now, according to Hunter Leonard, CEO of Silver & Wise, those workers are facing a perfect storm in the jobs market – and it’s time to shift their thinking!
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10/14/2020 • 13 minutes, 26 seconds
Sales and marketing - get it together!
Sales and marketing, it rolls off the tongue, but these two disciplines working in harmony, can sometimes be a struggle. In a landscape entirely reshaped due to technology and the pandemic, selling like we used to, is a thing of the past. So how can we optimise these two powerhouse specialities for selling in a new world? Adele Crane, CEO of Sales Focus Advisory explains in her new article – Finding New Customers to Increase Sales.
Reference
Finding New Customers to Increase Sales:https://salesfocusadvisory.com/finding-new-customers/
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10/13/2020 • 10 minutes, 22 seconds
Practical tips on winning government business
Applying for the chance to win a government contract can be cumbersome, time-consuming and a headache for any one in business. But, if successful, the rewards can be substantial. There’s no winning formula per se, but there are things you can do to give yourself the best chance to secure government business. Thomas Pollock, Founder of THINQ Learning, outlines what you can do to claim your own slice of the government pie. Thomas shares his secrets in his new book, 'Winning Government Business: the 6 rules and 9 absolutes for small to medium businesses'.
Reference
Find out if your business is Gov Ready:www.thinqlearning.com.au/govready
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10/12/2020 • 10 minutes, 6 seconds
Federal Budget 2020 - turbo charged for business
Yes – we’ve got the message! Last week Josh Frydenberg announced the most significant Federal Budget since any of us can probably remember. But let’s not get befuddled by the numbers. Let’s look beyond the terrifying debt and forecast figures to work out how it actually applies to you, right now, in your business. Because according to tax expert Michael Jones, of Mazars, there are turbo-charged incentives to hire workers and spend up big!
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10/11/2020 • 11 minutes, 1 second
Don’t look back! Finding relevance in a new COVID world
If one thing is certain, it’s that we WILL emerge from this pandemic – hopefully sooner rather than later. But HOW we emerge will depend on our ongoing relevance in the marketplace. Have we adapted to future needs, or have we been overtaken by other businesses moving faster in these dramatic COVID times? To business futurist Morris Miselowski, it comes down to innovation - even in the smallest of incremental ways.
Reference
Find out more about Morris’s Futurists' Innovation Hack Program:http://www.morrisfuturist.com/project/7-step-toolkit/
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10/8/2020 • 11 minutes, 18 seconds
How to become time rich
If you forced yourself to do a six-hour workday, could you do it? Entrepreneur Steve Glaveski and his team gave it a go and discovered that in fact they could achieve all their goals in shorter days, which gave them more time to do the things they wanted. As a consequence, they lead happier and more fulfilling lives. Steve Glaveski has written about this in his new book, Time Rich: do your best work, live your best life. He shares very practical ways to get more time back in your day.
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10/7/2020 • 10 minutes, 27 seconds
Get comfortable with feedback
The making of a high-performance team doesn’t always come easy, especially when feedback is a key part of the process. Gavin Mahony of Leading Teams, says providing feedback is crucial to building resilience and peak performance.
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10/6/2020 • 10 minutes, 31 seconds
The 5 values for business success
How do you offer more value to your customers and to the people around you? It starts by understanding what “value” actually means. Mark Carter has studied the meaning of value for almost 20 years, and writes his conclusion in his new book, ‘Add Value’. He identifies 5 values which can help enrich our lives and our businesses.
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10/5/2020 • 10 minutes, 57 seconds
Risking handshake agreements
They can be annoying and time-consuming, but without written agreements you could be in a world of hurt should things turn sour. That's the advice from Director of Vault Legal, Ryan Solomons, who’s seen handshake agreements result in bankruptcy. Ryan offers 5 reasons why documenting agreements should be standard practice for business owners.
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10/4/2020 • 7 minutes, 46 seconds
100 Episodes: The power of podcasting
This is the 100th episode of Business Essentials Daily! And what better way to celebrate than by exploring the power of podcasting with our very own Managing Director of SoundCartel, Nick Schildberger. At a time that the medium of audio is experiencing a revolution, the opportunities for brands couldn’t be more exciting.
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10/1/2020 • 14 minutes, 35 seconds
Fighting addicton the executive way
Business is hard enough without the cloudy judgement, mood swings and low energy levels that are the next-day effects of excess alcohol or drugs. But where do you go if you need help but wish to avoid the risk of public exposure? Long-time addiction consultant and reformed alcoholic, Graeme Alford, understands the issue. His 21Renew solution can help you get your life back on track in 21 days. It’s discreet and might be the best investment you've ever made on a business and personal level.
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9/30/2020 • 11 minutes, 54 seconds
Resolving internal company disputes
Like a pre-nuptial agreement, a shareholder agreement is prepared for a new business – or the restructuring of an existing business – when partners’ hopes and goodwill towards each other are at an all-time high. Disputes can often occur between partners and directors, and so having something in writing will save a lot of angst down the track. Lionel Green, Principal at Meltzer Green Lawyers, explains some of the more common disputes and what you can do if a dispute occurs.
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9/29/2020 • 9 minutes, 32 seconds
The 15 year CGT exemption
Selling your business assets tax free, with generous contribution allowances into superannuation – that’s the Small Business CGT concession 15-year exemption and it’s a great tax concession for business owners. But you need to plan ahead to qualify. Michael Jones, Superannuation and Business Advisory Partner, from Mazars, explains.
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9/28/2020 • 9 minutes
Conflict inspires growth
We often get distracted by what's happening outside the business and the things we can't control – ignoring stagnation within. Courageous Leaders, behaviour change specialist, Mandy Holloway implores us all to disrupt ourselves and challenge the company's status quo, lest the business stagnates. It means having difficult and confronting conversations in order to innovate on the inside.
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9/27/2020 • 10 minutes, 36 seconds
Retailers vs shopping centres - game on!
Is the tide turning for our major shopping centres, once a magnet for every hip fashionista in town? As COVID takes its toll on retailers everywhere, those with clout are fighting back against continuing high rents being demanded by some shopping centre leasing agents – and it’s changing the whole shopping experience. Peter Buckingham, Managing Director of Spectrum Analysis explains the shopping centre wars.
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9/24/2020 • 13 minutes
R-E-S-P-E-C-T (more than just a little bit)
In 2005, Rachael Robertson gave up the comforts of home to lead a team of fellow expeditioners to Antarctica. Her 12 months included managing a small group in the dark depths of an Antarctic winter. That experience and subsequent extensive research has shown that a focus on respect drives the highest performing teams. She outlines her thoughts in her new book, Respect Trumps Harmony: why being liked is overrated and constructive conflict gets results.
Reference
You can purchase a copy of Rachael Robertson’s book, 'Respect Trumps Harmony', at her website
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9/23/2020 • 13 minutes, 36 seconds
5 types of sales people – but who’s most successful?
What type of salesperson gets the best results – and why? When it comes to selling, should you challenge your customers or try to develop strong, long-lasting relationships with them? What if you just work harder to get more sales? Tony Gattari, Managing Director and CEO of Achievers Group, says one of these sales methods gets the best results, in both simple sales and complex sales. But which one is it? What he reveals may surprise you.
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9/22/2020 • 7 minutes, 33 seconds
Cleaning up with Clean Tea
How does one go from modestly selling three teas at a stall in Byron Bay to turning over $150k a month worth of tea? Well award-winning Jordana Edwards has done just that with Clean Tea, a range of teas blended by her mum Amanda, a naturopath and medical herbalist, hand-made and free from natural ingredients, herbs, fruits and free from chemicals, preservatives and no added flavours. Along her journey Jordana has learned some valuable lessons that she wished she’d known earlier, and she lets us in to the keys to her success.
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9/21/2020 • 12 minutes, 22 seconds
Should we mention the "e" word?
The economy? Must we? Well yes, tough as it is, we do need to talk about the economy and where on earth it’s heading if we want to keep our businesses on track. But who should we believe? Well here at SoundCartel we have a secret source of trusted knowledge…and his name is Neville Norman.
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9/20/2020 • 12 minutes, 16 seconds
Curing procrastination
Do you put things off that you just don’t feel like doing – even when you know you should be doing them now? Many people are procrastinators and don’t even know it, says time management expert Les Watson, author of Get Back an Hour in Every Day. The good news is there are ways to cure procrastination and it’ll make a big difference to our businesses if we do.
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9/17/2020 • 9 minutes, 28 seconds
Fixing the family business
Family members in the same business can work together in wonderful harmony – or not! Conflicting expectations or generational conflict can seriously undermine the success of the business.
Business coach and mentor, Bryan Worn shares his family business success model, whereby families achieve cohesion by separating family issues from business issues. If left unchecked, issues dividing the family can affect non-family members too, draining the business of long-standing talent and loyalty.
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9/16/2020 • 9 minutes
A fresh start in the bush
The ability to work from home during COVID has helped many of us reassess our priorities about where we want to live and work. Will we revert to the daily commutes, the traffic jams and the office grind once it’s all over? Well no. Our choices have suddenly opened up and now, says Sarah Prime, Social entrepreneur and founder of Champions Academy. She says it’s the perfect time to consider a big shift to the country. Are you ready for the good life?
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9/15/2020 • 12 minutes, 25 seconds
7 tips for writing great SEO content
If your website can’t be found at the top page of a Google search, you basically don’t exist. Sounds harsh, but that’s the reality, according to digital marketing guru, MC Carter, Director of Practice Paradox. Good SEO – or search engine optimisation – will help elevate your website on the coveted first page of Google Search results. So, what constitutes good SEO? Well, it’s important to provide engaging content, and that means informative and well written blog articles. MC provides seven key tips on writing great articles for your website.
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9/14/2020 • 12 minutes, 4 seconds
BAE Juice - liquid gold
A cure for a hangover? Sounds like good timing as COVID locks us at home with perhaps a tipple more than we need to cheer us up. But the amazing growth of Bae Juice into the Australian market has been much more than pandemic-driven, and the young co-founders Tim O’Sullivan, Sumin Do and Liam Gostencnik are on a roll as Woolworths signs up for national distribution.
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9/13/2020 • 14 minutes, 36 seconds
Where there's a will...
If estate planning or setting up your will has dropped off your priority list, put it back on top. Not only can the unexpected happen, but now there’s a way to speed up the will creation process. Ryan Solomons is Head of Legal at Vault Legal and the co-founder of Willed, an online will and estate planning company that helps you create your will, safely, easily and for a fraction of the cost you might otherwise pay.
Reference
Find out how you can create a will easily, legally and inexpensively at Willed.
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9/10/2020 • 11 minutes, 33 seconds
6 steps to a lead-generating website
The amount of time and resources you spend building a new website is almost wasted if it doesn’t generate business leads. MC Carter, founder and director of online marketing agency, Practice Paradox, provides his six-step process in developing a lead-generation website. He says, it’s a regular and consistent ongoing commitment, but well worth the effort to grow business.
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9/9/2020 • 9 minutes, 57 seconds
The 5 core principles of sales
Without prior experience in the construction or travel industries, Tony Gattari, Managing Director at Achievers Group, managed to massively exceed the sales targets in his senior sales roles in recent years. No matter the industry, Tony applies five core principles when advising some of Australia’s leading companies and their sales teams.
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9/8/2020 • 9 minutes, 33 seconds
Why you need millennials in your business
The millennial generation today makes up a large share of the Australian workforce and it's important to understand how to attract them for future business success.
Luke Faccini, Director at brand agency, The Sponge, says they're more likely to put emphasis on social and environmental issues when choosing a place to work. To win the hearts and minds of the millennial generation, it's worth evaluating how your business is run and whether your brand reflects the values millennials hold dear.
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9/7/2020 • 8 minutes, 10 seconds
The serious business of cashflow
The initial shock of COVID has now become a daily financial struggle for a lot of businesses. How do you ensure that your business can keep itself above water during the worst economic crisis in generations? Cashflow expert, Leanne Berry of Love Your Numbers bookkeeping firm, offers her top tips for businesses looking to keep a tight rein on their finances.
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9/6/2020 • 6 minutes, 48 seconds
Fighting back fit
Lee Squire bought herself a business – and quickly discovered that running one is a much different beast to managing a team in a company she didn’t own.
The day-to-day stresses, including the constant worry about pay role, all played their part in her increasing reliance on alcohol. She was sinking fast. But she pulled herself up, quit drinking, and today is a much-admired business woman, with a cabinet full of business awards. She shares her ideas and experience on running a successful business.
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9/3/2020 • 10 minutes, 4 seconds
Safe use of debt
Debt can be useful to build assets, grow a business or as an investment strategy. But be careful how you use it, warns Steve McKnight.
People get it wrong when they don't know what they are doing, says the property guru. Steve insists you should name, number and numb the risk in order to manage it and to avoid getting yourself caught in a debt trap. Safe debt allows you to achieve a higher return than the cost of borrowing.
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9/2/2020 • 12 minutes, 20 seconds
Off-the-shelf success
Too many business owners are reluctant to step away from the business and give themselves a break. But, for the sake of your health and the health of your business, you need to be able to take time off. That’s according to Dave Strutton, owner of Howards Storage World Mile End franchise in central Adelaide.
Dave’s retail business has performed extraordinarily well in recent years, despite the industry’s many challenges. His team’s focus on customer service and embrace of social media has helped his business shine during the current COVID crisis.
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9/1/2020 • 11 minutes, 33 seconds
Achieving financial autonomy
The idea of flexible working hours - being able to manage kids, family, hobbies etc. sounds pretty good. But how realistic is it really? Well, Paul Benson, Financial Planner and author of ‘Financial Autonomy – the money book that gives you choice’, is living proof. Not only has he done it himself, but over the last 20 years he’s helped many of his clients bring greater choice and freedom into their working lives as well. Paul explains how you can also achieve financial autonomy.
References
Purchase Paul Benson's book, 'Financial Autonomy - The money book that gives you choice':https://find0101.lpages.co/financial_autonomy_book/Listen to the Financial Autonomy Podcast:https://financialautonomy.com.au/podcast/
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8/31/2020 • 11 minutes, 49 seconds
Leadership – a sprint not a marathon
The on-again-off-again restrictions in some parts of the country are a daily reminder that the future’s far from predictable, and plans can be thrown into disarray at any time. Leading your team through this particularly difficult period can be the most challenging of all. Martine Harkin, Director and Facilitator at Leading Teams explains how business owners can provide support and clarity for their teams in times like this.
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8/30/2020 • 7 minutes, 38 seconds
COVID-19 - a wake up call for selling online
Since COVID-19, online retail has seen its largest growth on record. For businesses, it’s never been easier to set up an online store. Kelly Slessor is a digital growth expert and founder of Shop You, a personalised virtual shopping mall based on AI technology. Kelly has spent the last 20 years working with retailers, property groups, banks and media companies globally to develop their digital strategy. She explains what businesses need to consider when starting an online strategy and outlines digital tools available in which to do so.
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8/27/2020 • 9 minutes, 42 seconds
Beware the spam laws
In early July 2020 the Woolworths Group was fined $1M for significantly breaching spam laws. The highest amount ever issued by the Australian Communications and Media Authority or ACMA. A strong, public rebuke was also given by the ACMA Chair, Nerida O’Loughlin, calling the scale and prolonged nature of the non-compliance, inexcusable. It’s not a cautionary tale for enterprise companies alone, but a warning for businesses of all sizes. The ACMA receives thousands of spam complaints each year from consumers, which they report directly to the offending businesses. Ignoring the spam laws, and ACMA warnings, is clearly done at the peril of each business.
References
Information on the spam act, compliance or to make complaint about spam:Australian Communications and Media Authority
Information on privacy and freedom of information:Office of the Australian Information Commissioner
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8/26/2020 • 13 minutes, 15 seconds
10 commandments of customer service
Why settle for okay, when excellent is so much better for your business? Why, indeed? 'Why' is just one of Darrell Hardidge's ten commandments of customer service.
Darrell, CEO of Saguity, has been advising Australia's leading businesses on delivering high-quality customer service for years, and he knows better than most how it can transform the bottom line of your business. He says every touch point a person has with your business – whether its online or in the physical world – is an opportunity to be excellent.
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8/25/2020 • 11 minutes, 31 seconds
Vinomofo's next step - conquering the world
Last time we spoke with Justin Dry four years ago, he was riding the proverbial wave of success with his start-up online wine retailer. Since then, Vinomofo has matured into a multimillion-dollar company with a growing focus on overseas expansion. How has he maintained the company’s ethos of “no BS and no bow ties” while expanding his mofo tribe? In Part 2 of the Vinomofo story, Justin Dry shares some of the biggest lessons he’s learned as CEO of an expanding empire.
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8/24/2020 • 11 minutes, 18 seconds
Vinomofo - building an online tribe
To join this club you have to make a pledge: “There is no right or wrong, there is only what I like and don’t like.” In 2011, in an industry full of pretention, Justin Dry and Andre Eikmeier founded an online wine community with down-to-earth ideals. By July 2016 Vinomofo had 450,000 members and set its sights on overseas markets. In this first part of the Vinomofo story, Justin Dry explains how Vinomofo fought off the big wine sellers by offering some of the very best wines at great prices – and built a passionate following in the process.
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8/23/2020 • 11 minutes, 42 seconds
Sleep your way to success
A good night's sleep allows your staff to have energy and attentiveness at work, but is your workplace culture preventing them from getting quality sleep?
Productivity and wellness advisor Thea O'Connor says those late-night work emails and online messages can interrupt your employees’ down-time in the evening and early mornings. Because we all have different sleeping patterns and work better at different times of day, it's wo­­rth considering a flexible approach to working hours. And, she says, don't ignore the benefits of the afternoon nap.
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8/20/2020 • 11 minutes, 29 seconds
The big sales challenge under COVID
Nothing’s more important in business right now than sales. Tony Gattari, sales expert and Managing Director at Achievers Group, says you can’t sit back and wait for people to buy your product or service. More than ever you and your sales team have to be proactive in developing leads and getting people to buy from you. You have to get back to basics, stay positive and persistent in your sale strategy.
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8/19/2020 • 10 minutes, 22 seconds
Jobkeeper extension - who's eligible?
First an extension, and now some adjustments to the Federal Government’s JobKeeper payments scheme. It’s welcome relief to the thousands of businesses and workers facing an uncertain future as COVID-19 cuts deep into the economy. But how does this new round of payments work and who’s eligible? Superannuation and Business Advisory Partner Michael Jones, of Mazars, provides a timely update.
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8/18/2020 • 9 minutes, 15 seconds
Forget beauty, bucks & brilliance
If you were asked to nominate the qualities of the people you most admire, what would be top of the list? Storyteller and star-maker, Colin Pearce was curious to find out and the results of a subsequent survey of three thousand Australians and New Zealanders astounded him.
ReferenceThe Character Works Series by Colin Pearce
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8/17/2020 • 9 minutes, 40 seconds
You don't need all the answers
As the coronavirus throws up increasing levels of uncertainty about the future, there’s never been a more important time to step up as a leader.
But what does leadership really look like in these strange and unusual times? Different! says leadership coach Alan Rodway, who explains why our roles must adapt in a fast-changing world.
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8/13/2020 • 11 minutes, 11 seconds
Nice rice!
Business partners Jarrod Milani and Marcus Brown have carved out a space in the rice market with their innovative products.
An overseas trip opened Marcus Brown's eyes to the world of black rice and a dream to introduce and sell exotic grains to Australians. Eight years on, he and co-founder of Forbidden Foods, Jarrod Milani, have enjoyed phenomenal growth, supplying supermarkets and food retailers with their organic, GMO-free rice range.
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8/12/2020 • 13 minutes
Don’t let divorce destroy your business
Divorce can be stressful enough, but more so perhaps when running a business. Is there a way to separate, without breaking up the business and without resorting to law courts?
Yes, there is, says family lawyer Jennifer Hetherington. It's called collaborative practice – a mediation process for couples to finalise the legal aspects of their separation without court. It’s about meeting the needs of the family as a whole, including young children and adult children, by minimising conflict. And it can save the business in the process.
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8/11/2020 • 11 minutes, 19 seconds
A star is born
People do business with people they like and trust. That's why it's more important than ever these days to build your personal brand.
That's according to Andrew Ford of personal brand building company, Social Star. He explains how to build your profile online to reflect your personality and credibility and to help you stand out.
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8/10/2020 • 11 minutes, 58 seconds
Property Update - crisis opportunities
Is COVID providing the silver lining you need to jump into the property market? Veteran Melbourne real estate agent and commentator James Tostevin says it’s a terrific market for buyers as long as you have all your ducks lined up, and that includes conversations with the bank. He offers wise perspectives for anyone buying or selling during this unsettling coronavirus time.
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8/9/2020 • 12 minutes, 25 seconds
Taking team culture to the max
Being a leader is one thing, but leading your team to operate at its peak - building a high performance team - is a another thing all together. Jake Bridges is a Partner/ Facilitator at Leading Teams, an organisation best known for its success with high profile Australian sports teams, even though the majority of their clients are in the corporate sector. Jake explains what goes into building a high performing team and how critical the nexus between leadership and culture is, in doing so.
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8/6/2020 • 9 minutes, 46 seconds
What about your mental health?
It's hard enough running a business in normal times. With the extra burden the coronavirus crisis has inflicted, business owners need to develop strategies to support themselves and those around them. Managing Director of Barrington Centre, Rhonda Andrews, has some practical advice around managing your people – especially if they’re now working remotely – as well as the importance of looking after yourself.
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8/5/2020 • 12 minutes, 2 seconds
Getting LinkedIn
LinkedIn is one of the best social media platforms for reaching out individually to prospective clients. The problem is, insists LinkedIn expert Ty Giuliani, business owners aren't active enough to get the results. Ty shares his tips on developing a strategy and framework to establishing rapport with your market and creating business opportunities.
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8/4/2020 • 11 minutes, 45 seconds
Show me the money!
No business is immune to cashflow issues. And now, with COVID-19, many business owners are feeling the pinch more than ever. Cashflow specialist, Paul Roach draws upon decades of experience assisting SMEs to provide a practical guide to business growth and profitability. He offers simple changes and ways of working smarter, which are outlined in his new book, Smarter Business Stronger Cashflow.
Reference
To purchase Paul Roach's book, Smarter Business Stronger Cashflow, head to:thecashflowcoach.global
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8/3/2020 • 7 minutes, 45 seconds
Changing habits of IsoMums
Mums are Australia’s most influential consumer group. Their collective spending power is vast. But a new report from Marketing to Mums Founder and CEO, Katrina McCarter, has revealed a shift in their attitudes and habits as a result of COVID-19 - and brands would do well to take note if they want to better understand the ‘mother of all opportunities’ that this presents.
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8/2/2020 • 10 minutes, 17 seconds
Could a merger be your next move?
If merging with another business is something you’re considering during these turbulent times, there’s a lot to consider and you need to plan carefully. Where do you start, what are the risks and how do you find a perfect partner?
Mergers can provide a great solution for business owners looking at the next step for themselves personally and for the business they’ll eventually leave to others. But Nick Miller of Hunt & Hunt Lawyers has some wise advice about the process. Give yourself plenty of time, be aware of the risks – because there are plenty – and prepare, prepare, prepare.
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7/30/2020 • 9 minutes, 45 seconds
I must, I must, I must increase my ASSETS
Our preoccupation with making ends meet, paying the bills, the wages, sorting out stock levels and generally keeping the lights on may lead us to overlook the fundamental reasons why people do business with us. It’s our ASSETS, says Author, Trainer, and all-round storyteller Colin Pearce, and he means it in a very personal way.
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7/29/2020 • 11 minutes, 7 seconds
Innovation - it's a beautiful thing
Ebru Sak is an amazing entrepreneur and innovator with energy, compassion and enthusiasm for business and life. Her early life was a struggle as she was dragged out of school by her father and forced into an arranged marriage at 16 years old. With courage she divorced and paved her own way into the hair and beauty industry. With almost three decades' experience as a business woman, she reflects on her business success and innovation, including research and development of a world-first cosmetic product, Duo by Ebru.
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7/28/2020 • 13 minutes, 35 seconds
Is it really urgent?
Are you overwhelmed by urgency? Do the distractions throughout the day feel as if you don't have the time to get the important things done? Productivity expert Dermot Crowley has pointed out the problems many of us have in taming urgency in his new book, Urgent! In this episode, he outlines how we control urgency and improve productivity, all the while keeping our stress levels in check.
Reference
You can purchase Dermot Crowley's book ‘Urgent: Strategies to control urgency, reduce stress and increase productivity,’ from: http://www.dermotcrowley.com.au/
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7/27/2020 • 11 minutes, 30 seconds
35 years and still learning
In 35 years of business, there’s someone, in particular, who's experienced failure, highs and lows, and become increasingly valuable to organisations and people. Some of the most important insights he’s gathered along the way are to keep evolving, stay relevant be a good person and show kindness, to everyone. He is author and speaker, Andrew Griffiths.
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7/26/2020 • 11 minutes, 40 seconds
It's not you, it's impostor syndrome
Think you're kidding everyone with your leadership abilities? That's how it feels when you suffer from the Impostor Syndrome. People look up to you, they respect and admire you - but within yourself, you don't feel worthy of that respect, you feel like a fraud, a fake, you feel you're kidding everyone and any moment now, someone's going to tap you on the shoulder to say your inadequacies have been discovered.
Susanne Mercier used to feel like that too. As an author and behaviour change expert, Suzanne says many business leaders do and she discusses why you might have it, what it's like, and what you can do to overcome this debilitating syndrome to start appreciating your true worth and genuine leadership capabilities. Suzanne says it's a liberating experience and you'll never look back.
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7/23/2020 • 10 minutes, 30 seconds
ClimateWorks for business
For some business owners the environment might be the last thing you’re considering as you navigate operations through the pandemic. With visible improvement in water and air across the globe during COVID-19 it’s an image we can have in the future if we begin to rebuild with climate in mind. The best part is that the solutions are accessible, available and won’t break the bank.
Anna Skarbek is CEO of ClimateWorks Australia, a non-profit think-tank and advisory body helping bridge the gap between climate research and action, so not just talking about the numbers and data but working through policy to get the job done. And what’s the goal? Net zero emissions by 2050.
Reference
Find out more information about energy saving technologies for your business, by following the links below:
Better Building FinanceClimate Active - Carbon Neutral Certification)Decarbonisation Futures - ClimateWorks net zero emissions pathways report
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7/22/2020 • 13 minutes, 1 second
Voluntary administration - the road to survival?
What does it mean when a company chooses to enter into voluntary administration? Well for one thing, although it can be stressful, it can provide breathing space for businesses to resolve their financial issues. Andrew Spring of insolvency firm Jirsch Sutherland encourages struggling businesses to carefully consider all their options as a matter of priority. Don't wait until after COVID-19 has passed – by then, he says, it might be too late.
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7/21/2020 • 9 minutes, 44 seconds
Fastrack to growth through franchising
With 80 offices in Australia and New Zealand, Smith & Sons are the largest renovation company on both sides of the Tasman. “The success comes down to the culture of its franchisees,” says Managing Director, Leigh Wallis. For many people – particularly self-employed tradies – being a franchisee can be an attractive alternative to the stress of managing the cash flow of one's own business.
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7/20/2020 • 9 minutes, 13 seconds
It’s not perfection, it’s consistency stupid!
Facebook, Instagram, Tik Tok – where’s your audience and how do you reach them, standing out in the big wide social media world? Well here’s a tip from Leanne Peard, Social Media Specialist & Trainer: don’t be afraid of the camera – get in front of it and start rolling!
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7/19/2020 • 11 minutes, 50 seconds
Success, one bite at a time
When Fiona Whatley and her husband James took over her parents' business, they hadn't fully planned for 10-fold growth in less than a decade. Springhill Farm makes and sells delicious bite-size treats under its own brand as well as manufacturing food – especially health food – for other brands. Its reputation has grown from lucrative partnerships with well-known companies, including Virgin, Officeworks, Qantas, AccorHotels and Hudsons Coffee. Fiona, the General Manager of Sales and Marketing at Springhill Farms, shares the lessons and challenges of a family business, handling fast growth.
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7/16/2020 • 10 minutes, 41 seconds
Young people - You gotta love 'em
Work hard, finish school, go to university and you’ll be sure of a good job. Right? Wrong! says Frank Wyatt, who believes we’ve been telling lies to young people for way too long. Education will only go so far, he says, and in fact we’ve been missing the one key ingredient that young people have – and that’s their extraordinary entrepreneurship and zest for life. Capture that in our businesses and we’ll all benefit.
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7/15/2020 • 10 minutes, 1 second
Megatrends beyond COVID-19
The world's changing at a rapid pace, and it's incumbent on businesses to understand the technological changes that are occurring. Futurist, Steve Sammartino identifies three megatrends businesses need to be aware of as we attempt to navigate our way out of the COVID-19 crisis.
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7/14/2020 • 10 minutes, 40 seconds
Tied down by expectations? Let 'em go!
Living up to the expectations of others can be a heavy weight. From childhood to our working lives and beyond, we’re largely driven by what’s expected of us. But what if those expectations tie us down and prevent us from reaching our dreams? As a Keynote speaker, author and mentor, John Di Natale knows first-hand about managing expectations of others and going his own instead.
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7/13/2020 • 7 minutes, 47 seconds
Time for a new name?
Business names can sometimes have a use-by date. If you’re thinking about a name change, there are important things to consider. Luke Faccini, Founder and Brand Strategist of The Sponge branding agency, says sometimes a name change is unavoidable when you move into new markets, for example, and your current name won’t work. Luke takes us through some of the biggest mistakes businesses make when changing their names. If you’re going to embark on the process, he says, it’s a big step and you may as well get it right.
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7/12/2020 • 12 minutes, 3 seconds
Share market update - what on earth's going on?
Scary plunges, big bounces, crazy movements all over the place - how are we supposed to read the current state of the share market? Elio D’Amato is an independent investment analyst and host of SpoteeTV, an online show that puts a spotlight on the share market, making share investing understandable and accessible and for everyone. His top tip? Companies pivoting to the future are where the opportunities lie.
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7/9/2020 • 10 minutes, 41 seconds
The how of business giving
We pick up from the previous episode, talking to Founder and CEO Jeremy Meltzer, who explains the practicalities of integrating with his successful online retail giving platform, i=change. How ‘marketing-return’ should no longer be seen as a cost and ensuring that giving back becomes a profitable exercise for all stakeholders.
Reference
Find out how you can partner with i=change at iequalchange.com
Business Essentials Daily is produced by:
SoundCartelsoundcartel.com.au+61 3 9882 8333See omnystudio.com/listener for privacy information.
7/8/2020 • 8 minutes, 47 seconds
The why of business giving
Jeremy Meltzer is the Founder and CEO of i=change, a company that makes it simple and powerful for online retailers to give back. At a moment when it feels strange to promote things that seem meaningless in the midst of a pandemic, but like everyone retailers need to put food on the table, how can we unlock the power of business that makes it simple and powerful to give back in a meaningful way and drive a return on investment?
Reference
Find out how you can partner with i=change at iequalchange.com
Business Essentials Daily is produced by:
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7/7/2020 • 14 minutes, 11 seconds
Don't let a crisis become a disaster
A successful business doesn't exist without challenges and roadblocks along the way. It helps if you can develop a plan so that if you are confronted with a crisis, you can get through the other side in better shape. If the crisis is big enough, the media can get hold of it, which could potentially lead to a public relations disaster. Crisis Management Expert and Director at DR & Associates, Dina Ross, shares her tips on navigating a crisis in front of the glare of the media's cameras and microphones.
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7/6/2020 • 11 minutes, 28 seconds
Kings of a new domain
Jeremy Fleming and his team at Stagekings lost all their business overnight when restrictions on public gatherings were announced in March this year. They had established a solid reputation in the country for designing and building stage sets and event structures. Within days of the immediate shock, Stagekings pivoted to making and selling desks for the thousands of workers now needing their own home office. It's an extraordinary story of embracing an opportunity in times of chaos.
Business Essentials Daily is produced by:
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7/5/2020 • 9 minutes, 44 seconds
Working your motivation muscle
How does motivation play in success and achieving goals? Those are the questions Craig Harper is exploring in his quest to further understand self-development. As a business coach and motivational speaker, Craig believes it’s emotional and social intelligence that make a great leader. If your role is to coach and mentor, he says you need to understand the people you work with, and that comes first from understanding yourself.
Business Essentials Daily is produced by:
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7/2/2020 • 11 minutes
Don't isolate your business thinking
There’s a sure way to discover new opportunities as you head out of lockdown – and that’s by collaborating with others. Don’t expect the old world, pre-pandemic, will return as normal. And don’t think you have to go it alone to solve the problems of the world. Frank Wyatt, Strategic Advisor at Enterprising Partnerships, facilitates round table discussions that have enabled businesses of all kinds remodel their businesses - and it’s been transformative.
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7/1/2020 • 12 minutes, 57 seconds
A biker’s ride to success
Business success seldom arrives overnight but 36 years in the game can teach a huge amount about what it really means to be successful. Brian Beesley has learned every step along the way and now stands tall in the cut and thrust of business life.
These days, Brian knows what it takes to become successful. But that wasn’t the case decades ago when he gave up a safe career in teaching to try his hand at business. His first mistake was knowing nothing about running a business. His second mistake was timing – opening up a retail store at the height of tough economic times, with interest rates at 16 percent. What was he thinking?
Reference
For business coaching or promotion, on a risk reversal basis, contact Brian at brianbees@gmail.com
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6/30/2020 • 12 minutes, 39 seconds
Buddying up to build your business
Katrina McCarter, Founder and CEO of Marketing to Mums and OUT LOUD Marketing Partners believes that marketing partnerships are the fastest and cheapest way to grow a business – but you need to follow some rules to make it work, for example, making sure you’re ethically aligned and that there’s an equal exchange of value taking place. Get the partnership right, though, and it’ll do wonders, both for you and for your marketing partner.
Reference
Find out more about the OUTLOUD Marketing Partnerships Program:https://www.katrinamccarter.com/outloud/
Business Essentials Daily is produced by:
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6/29/2020 • 11 minutes, 48 seconds
Don’t scupper your chances
Don’t go blaming a global pandemic for scuppering your success when the stumbling block could be YOU! As restrictions ease and business slowly resumes, now’s the time to get excited about the possibilities ahead. So, what’s holding you back? Could a lack of clarity and organisational skills be holding you back from your future success? Les Watson is a trainer at Get More Time, with passion and expertise in time management, he’s affectionately earned the title of The Time Lord. In this episode Les picks to pieces the personal bad habits that stymie our success – including the three Ugly Ps and the 3 Beautiful Ms.
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6/28/2020 • 10 minutes, 29 seconds
Controlling your out-of-control inbox
If you don't have strategies to tackle the onslaught of incoming emails, you'll spend even more time trying to find the important ones and be distracted by the ones that are less so. Email expert Steuart Snooks, of Solutions 4 Success, has a tonne of tips to manage your emails and get more time back in your day.
Business Essentials Daily is produced by:
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6/25/2020 • 6 minutes, 46 seconds
5 steps to content marketing success
Reveal yourself as an expert in your industry and you'll reap the rewards later. Content marketing is an online marketing strategy to help you build your profile and be the 'go-to' expert in your field. It doesn't have to be as time-consuming as you might think, says content marketing expert and journalist, Valerie Khoo. So that you're not reinventing the wheel, she explains how to turn one discussion point into several communication methods – like blogs, videos or articles – to be published on different social media platforms.
Business Essentials Daily is produced by:
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6/24/2020 • 10 minutes, 43 seconds
Ready, set, Sell!
If you're hiring new sales staff – or anyone for that matter – don't be lax with on-boarding them, insists sales expert Colin Pearce. A proper induction process is important to get the best out of your sales team, and it's one of the training programs that Colin provides through his Colin Pearce Academy.
Business Essentials Daily is produced by:
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6/23/2020 • 10 minutes, 5 seconds
The kindest abattoir
Like all farmers, Chris Balazs understands how much tastier meat is from animals he slaughters on his own farm. For those and other ethical reasons, he and his team have built Provenir, Australia's first and only mobile abattoir. Provenir oversees the whole operation from purchasing livestock on-farm direct from their partnering farmers, to the on-farm processing and into their artisan butchery.
It hasn't been all plain sailing – the regulatory hurdles have been enormous. But he has some important backers, including celebratory chef Guy Grossi, and the owners of Rockpool and Three Blue Ducks, who value the premium quality of the meat from selected farmers across the country. And consumers know where their meat is sourced, thanks to Provenir's innovative technology.
Business Essentials Daily is produced by:
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6/22/2020 • 10 minutes, 22 seconds
Is your website your best salesperson?
How effective really is your website? If you haven't thought about it that much, then you're not taking advantage of one of your best sales tools. Irwin Hau is the Director of web design agency, Chromatix, he also understands that a great website is more than just design alone. He matches the psychology of consumer behaviour with the magic of web tools to create a first-rate customer experience – all of which translates to sales. For the average business owner, you don't necessarily have to build a website from scratch. Irwin provides some practical tips you can use today to improve your current website.
Business Essentials Daily is produced by:
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6/21/2020 • 10 minutes, 23 seconds
Shut up and sell!
If you ask questions and listen to the answers, you will learn what your customers want. Selling becomes easier and you don’t have to talk so much, says sales expert Colin Pearce.
Colin has been training salespeople for many years and has a bag full of tips on how to sell more, easier and faster. Talking too much is a bane for many salespeople, and it's their "overselling" which often puts people off.
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6/18/2020 • 10 minutes, 19 seconds
Not another meeting!?
Who of us in business doesn't want more time in our day? One way to get it back is by shortening the time spent in meetings. Is that possible? It is if you follow some of the tips in Donna McGeorge's book, 'The 25 minute meeting: half the time, double the impact'. She says we can't do without meetings, but we can do without the time-wasting aspects that infect a lot of them.
Business Essentials Daily is produced by:
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6/17/2020 • 10 minutes, 29 seconds
Why we fired our managers
When Amantha Imber, Organisational Psychologist & CEO of Inventium, eliminated management, she found that her workforce was happier and productivity increased. The idea sprung from research she did on "holocracy", a flat, self-management system where decision-making is vested in each person. They haven't looked back since the system was implemented three years ago.
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6/16/2020 • 9 minutes, 17 seconds
Now's the time to ditch bad habits
Yes, it's true we can all learn from our own mistakes – but sometimes it's better to learn from others' mistakes. Alan Rodway has a list of common mistakes he sees in business. Alan takes us through poor choices that abound in decision-making and planning. A common thread in these mistakes is using a traditional and default way of thinking by avoiding new ideas, not engaging with different people and ignoring new technology.
Business Essentials Daily is produced by:
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6/15/2020 • 12 minutes, 39 seconds
Gin-tastic - Distilling the secrets of success
In just seven years, Four Pillars Gin has grown from zero to becoming one of the world's most recognised gin distilleries. Stuart Gregor and his partners have built a world-class gin label from their base in Healesville, just outside Melbourne. Their gin varieties have won countless international awards and the admiration of a suite of potential buyers. In 2019 they sold 50% to multinational beverage company, Lion – a nice reward for their loyal "ginvestors". Stuart explains how they have achieved their success and he has advice for others in business.
Business Essentials Daily is produced by:
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6/14/2020 • 11 minutes, 17 seconds
Stay optimistic - it's great for business
While the economy continues to take a pummelling and businesses struggle to forge ahead, is there any room for optimism at the moment? Former politician and barrister Victor Perton certainly believes so – in fact, he says it's undeniable that an optimistic attitude can lead to opportunity and, therefore, business growth. As Director of The Centre for Optimism, Victor shares his tips on how to be more optimistic. Don't miss this episode – his enthusiasm is contagious!
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6/11/2020 • 10 minutes, 25 seconds
A hiring ‘must’ in the new normal
Resourcefulness has been called upon in ways we couldn’t have expected, during the COVID-19 pandemic, and it should have a direct impact on your hiring process. Shira Levine, Customer Engagement Strategist at Fanchismo, says it’s the trait she most hangs her hires on and explains how to spot it.
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6/10/2020 • 10 minutes, 38 seconds
Go on fail, I dare you!
Failure isn't something we should avoid at all costs – on the contrary, failure is a powerful force on the journey to success. Entrepreneur and key-note speaker, Gabe Zichermann, says if you don't feel the fear of failure, then you're not pushing yourself hard enough. In other words, fear often indicates you're on the right track.
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6/9/2020 • 11 minutes, 53 seconds
Don’t miss out on government grants!
Avant Group is a specialist consulting firm that provides services to organisations to help them apply for and then maintain compliance of government grants and funding. They’ve delivered over $150M worth of funding to Australian businesses since 2012. Kate Whitehead, MD of Avant Group and a government grants funding expert, explains why businesses shouldn’t be gun shy of grants and that now more than ever, could be best time to apply.
Business Essentials Daily is produced by:
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6/8/2020 • 13 minutes, 29 seconds
Cameron Schwab - a footy leader's lessons for business
One of the biggest differences between professional football and business is football's focus on talent and teaching. As an AFL CEO for close to 25 years, Cameron Schwab saw first-hand how elite sport focuses almost entirely on the players and how they work together. Cameron, founder and CEO of designCEO, reckons that a lot of business leaders don't go deep enough to improve the performance of their talent.
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6/7/2020 • 8 minutes, 30 seconds
The 3 traits you need to be a great leader
Your staff look up to you for direction, encouragement and inspiration. Your leadership qualities will directly affect the way they work. So, how do you become a better leader? Corporate psychologist Rhonda Andrews examines the three characteristics which shape true leadership: emotional intelligence, social intelligence and technical competence. No industry has a monopoly on true leadership – or terrible leadership. It depends on the individual and how she or he develops their own leadership skills.
Business Essentials Daily is produced by:
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6/4/2020 • 7 minutes, 45 seconds
Top 10 tax tips for EOFY
Less than four weeks to go! And it’s tax planning with a difference in the lead-up to this very unusual end of the financial year. Government subsidies, working from home arrangements – what can be claimed as you get your tax affairs in order before June 30? To ease the burden, Michael Jones, tax specialist and partner with national accounting firm Mazars has put together his top ten tax tips for the end of this financial year.
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6/3/2020 • 12 minutes, 10 seconds
Don't dismiss the "mums" market
If you've never seriously considered "mums" as a potential market before, think again. You might be surprised by the spending power of this enormously influential group. Katrina McCarter says most businesses would benefit from having a strategy to target this powerful group of spenders. For example, women are starting businesses at much higher rates than men and are purchasing services and products to help support their enterprises.
Business Essentials Daily is produced by:
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6/2/2020 • 11 minutes, 37 seconds
Navigating your people out of COVID-19
Stand-downs, shedding jobs, reducing staff pay – there are so many hard decisions for employers hoping to see the other side of COVID-19. And navigating the employment rules ain’t easy. So, what’s key to keeping you clear of the Fair Work Commission?
Business Essentials Daily is produced by:
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6/1/2020 • 8 minutes, 49 seconds
Never stop selling!
Despite the upheaval from COVID-19, can businesses find opportunities in the current crisis? Indeed they can, insists sales guru, Sue Barrett, who has specific ideas sales people can implement right now in their businesses. She also has tips on how to keep you sales team engaged and productive while they're working remotely.
Business Essentials Daily is produced by:
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5/31/2020 • 12 minutes, 53 seconds
Using the news to build your name
How would you like to be on the front page of the paper without having to pay for it? It starts with having something to say. Nicole Ashby's heart was racing and her palms were sweaty when she first spoke on radio about the impact of a fly-in fly-out workstyle on the families left behind.
That was the first of many hundreds of media interviews she performed as Founder and Director of FIFO Families. The exposure was the equivalent of hundreds of thousands of dollars in paid advertising – all free! To gain this kind of exposure for themselves and their business, Nicole explains how business people can and should approach the media.
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5/28/2020 • 12 minutes, 53 seconds
Are you fit for the future?
It wasn’t all that long ago that you could rely on what worked in the past to take you into the future. But, with the rate of change in technology, you can't necessarily rely on your past strengths.
That's according to business futurist Gihan Perera, who says the biggest change to your business will potentially come from outside your industry and from businesses that might not even exist today. He says there are three things to determine whether your own business is vulnerable. You must ask yourself if your business is fast, flat and free.
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5/27/2020 • 10 minutes, 33 seconds
The man who put the "i" in iPhone
Apple worked hard to keep things simple - we see it everyday in its products and its success. From the man who named the iMac and who was integral to Apple’s ‘Think Different’ marketing campaign, Creative Director Ken Segall spent 12 years working with Steve Jobs and experienced first-hand his obsession with keeping things simple. Ken wrote about it all in his book ‘Insanely Simple: The Obsession That Drives Apple’s Success’. He shares with us the many lessons he learned about one man's single-minded drive for simplicity, in a complex business world.
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5/26/2020 • 10 minutes, 9 seconds
Breaching contracts in a COVID crisis
Through no fault of their own, some businesses are struggling to fulfil contractual obligations as a result of COVID-19. Can businesses be still expected to uphold contracts written before the crisis? Lawyer Grant Guenther outlines some options, including force majeure and doctrine of frustration. Also Grant explains what businesses should be mindful of when drafting new contracts.
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5/25/2020 • 9 minutes, 43 seconds
How to build a seven figure business FAST!
Becoming an authority in your field of expertise and making a heap of money in the process – now that’s not so easy. Why not shortcut the process and learn the lessons of a master at the game? Tom Matzen has spent years perfecting the art of guaranteed scalable success and he loves sharing his lessons with other aspiring entrepreneurs.
Reference
Entrepreneur Empowerment Institute Scholarships:https://entrepreneurempowerment.org/scholarship/
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5/24/2020 • 13 minutes, 12 seconds
Wayne Schwass - The mental health warrior
Former AFL footballer Wayne Schwass has spent decades dealing with depression and anxiety and so he knows first-hand the debilitating effects it can have on one's personal and professional life.
Today, Wayne's a mental health advocate through his organisation, PukaUp, helping to spread the word and provide support about mental health issues in the workplace. He tells his own story and what can be done to alleviate the difficulties people can have with depression and anxiety.
Business Essentials Daily is produced by:
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5/21/2020 • 13 minutes, 15 seconds
Why engage your audience now?
Engaging with your audience is imperative at the best of times, but during the worst of times, what’s the best way to continue to do that? Here are 6 ways that businesses can engage their customers during the coronavirus, that can be done right now and at low cost.
Reference
Shira Levine - 'Six Reasons to Engage Your Customers During the Coronavirus' https://bit.ly/2TeH9nq
Business Essentials Daily is produced by:
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5/20/2020 • 12 minutes, 58 seconds
Flattening the insolvency curve
Despite the gargantuan efforts of government and businesses alike, COVID-19 will inevitably cause some businesses to fall over. What can you do as a business owner to avoid that happening to you? Insolvency expert Andrew Spring has some wise and sanguine advice, and he starts by suggesting you have a very honest conversation with yourself about how the crisis is affecting you. Then start planning!
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5/19/2020 • 10 minutes, 26 seconds
The big tech lessons of working from home
One of the massive challenges presented by COVID-19 was the surge of workers fleeing the office environment to start working from home. How have we done? Well, we can give ourselves a big pat on the back, says technology commentator Trevor Long. But we’ve also learned a lot of lessons and the world of work will never be the same again.
Business Essentials Daily is produced by:
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5/18/2020 • 15 minutes, 2 seconds
Priorities now and beyond COVID-19
We're not out of the woods yet, but as restrictions start to ease what are your priorities to reinvigorate your business? Business consultant and best-selling business author Andrew Griffiths says the workload may have dropped off, but that doesn't mean you stop promoting your company and communicating with the market. COVID-19 may be a turning point in the way we all do business.
Business Essentials Daily is produced by:
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5/17/2020 • 11 minutes, 58 seconds
Business Essentials Daily - Trailer - Launching 18 May
Receive an array of business tips and advice – from the best business minds around – to assist and inspire you to run a healthier, happier and more profitable business.
Launching 18th May 2020, Business Essentials Daily is a podcast three decades in the making, from SoundCartel, the producers of the world's longest running business audio magazine.
Subscribe in your favourite podcast app and make Business Essentials Daily part of your daily routine.See omnystudio.com/listener for privacy information.