Entrepreneur

Dr John Demartini shares how to create more business leads than you could ever follow up on, by mastering the art of networking.

As easy as it might be now to juggle a full-time job and work as a freelance writer in your spare time, you may not have considered the tax implications – a mistake that can leave you out of pocket for several thousands of dollars when your tax bill comes in.

Although there are many new challenges for businesses to deal with, the interconnectedness and collaborative nature of the 21st century global market enables businesses and leaders to exchange ideas and information that can help resolve these issues.

As a celebrant, Stephanie Longmuir would see first-hand the sadness and frustration that arose with the lack of planning left behind by the deceased.

Nobody understands the pressures you face on a daily basis and the threats and challenges you have to overcome to succeed. You might say it’s a bit like being a superhero.

There are a few ways that you can customise your message, cut through the noise and keep your audience engaged with what you’re saying.

The concept of working to live rather than living to work reigns true in many people’s minds and issues like limited work-life balance, unsatisfactory pay and lack of development opportunities become big reasons why staff leave.

For all of the well-known entrepreneurs, there are many who take too great a risk, only to fade into insignificance, never to be heard of again.

With the end of the financial year behind us now is the time of year to come up with resolutions, especially for small to medium sized enterprises.

The last few months, we have been reverse engineering our business, website and services to evolve and the process has been interesting, but challenging.

Traditionally deadly sins have come as a neat package of seven, however, entrepreneurs appear to be more readily tempted by what we will call the “five deadly sins for entrepreneurs”.

Even small business owners are project managers — no matter what business you may be involved in, from construction to Internet services, you are involved in project management.

Competition is no longer linear. The ‘unknown unknowns’ are waiting around every corner. Every industry, every sector, is suffering from the competitor they didn’t realize they had.

“As long as women have passion and drive, and can stay strong in the face of adversity, starting a business will transform your life,” says Amanda Stevens, a leader in the small business start-ups sector.

Everyone has the same frustrations – it’s always about being exhausted with no time, having no team or a dysfunctional one, and seeing no profit. But did you know that turning your business around starts with you?

Have you ever wondered why someone with a great idea can turn it into a billion-dollar business, whilst someone with exactly the same idea (and resources) runs it into the ground? Clearly, it’s all about the person behind the idea.

When reality hits, if we manage to survive the first year in business, we are more than likely living the life of our nightmares, rather than the dream we imagined. What went wrong?

“People are more interested in what they are eating these days, so I think our timing was good and we had enough time to get our concept right,” Ben Thomas, co-founder and owner of Banana Blossom Asian Salads, tells Dynamic Business.

Successful industries are constantly reinventing themselves. Thus, to remain relevant in tomorrow’s world, the ‘beige’ leader, in whatever format, needs to be removed and replaced so a new curve can be started.

Kristy Chong is disrupting the feminine hygiene industry with Modibodi, a line of women’s underwear that uses innovative patented technology to replace the need for panty liners.