In today’s Let’s Talk we are discussing the fear that comes with starting a business with different founders who have been there and come through it. When starting entering into any new chapter, challenge or unknown territory in life, fear is a natural emotion that arises. This is particularly the case in entrepreneurship where you […]
Success does not come without failure. The two exist in symbiosis, and rather than perpetually fearing the latter, it should be embraced as a necessary part of the journey. That’s what we’ve learnt from some of the most innovative companies today. From early on, we’re programmed to shun failure and view it as a negative […]
Entrepreneurs, business owners and business leaders aren’t always very forthcoming when it comes to their failures, especially with publications like Dynamic Business, however it’s inevitable that in founding and running a business you are going to make some mistakes. You’ll even notice that our comments are a little shorter than usual this week, perhaps reflective […]
Fail in high school and you are usually graded an F; the same is true of startups. Depending on who you ask, there are a multitude of reasons why startups fail. Each strand of startup DNA contributes its own reasons for failure, but all of them relate directly to one of the ‘3 Fs’: Founder […]
There is a stigma about having an unsuccessful startup as it can quickly go from excitedly telling others about your idea to explaining why you have moved back in with your parents. But failing a startup shouldn’t be viewed so negatively by those in the business world or by others. Many budding entrepreneurs who decide […]
Businesses risk being disrupted if they don’t create environments where people can sit in their ‘challenge sweet spot’, have freedom to express crazy ideas and feel safe to fail meaningfully, according to Dr Amantha Imber, the CEO of innovation consultancy Inventium. Prior to founding Inventium a decade ago, Imber – a 2016 inductee into the […]
Businesses, both small and large, should know by now that innovation is the key to competing in the digital age, and that longevity isn’t possible without a culture that is inherently innovative A report by IBM provides evidence that creativity is at the heart of innovation, revealing that executive leaders consider creativity the most crucial […]
The vast majority of small business owners in Australia are navigating tough conditions with little or no support. While they know their business better than anyone, often they fail to tend to certain nagging issues because, well, they’re too busy; instead, they choose to reassure themselves their business model is strong and push on. If you are one of […]
The days of the CFO sitting in the corner office counting beans are long gone. No longer just the most senior accountant, today we look to our finance leaders to embrace digital technologies and use data analytics to drive consistent and measurable growth for our business. Modern CFOs are increasingly expected to be key drivers of […]
We hear over and over again that businesses need to innovate otherwise they risk being chewed up and spat out by disruptive forces. But creating a company culture where people can be innovative is easier said than done. I recently sat down to talk about innovation with Xero’s former Managing Director, Chris Ridd. Ridd made an […]
