Tags Rick mapperson

Tag: rick mapperson

The risk of being too nice in business

Having good relationships with your clients is critical to overall business success, making it important that everyone you're directly associated with sees you as a ‘people person.' Despite this, being too nice can lead to low productivity and smaller profits.

The risk of putting your head in the sand

Have you ever buried your head in the sand in an attempt to ignore a problem or evade an angry client? We’ve all tried it. But does it ever work?

The risk of not getting a second opinion

It's vital small business owners find ways to get a helpful second opinion, Rick Mapperson blogs. "One of the greatest lessons I have learned in the 20 years of running my own business is to never hesitate to get a second opinion. Just because we may be experts in our chosen field of business, it does not mean that we are competent or have expertise across all aspects of our business."

The risk of getting into a price war

Rick Mapperson blogs about the danger of entering into a price war with your competitors. "As a general rule, the only person who ends up winning in a price war is the consumer. Competing on price or reducing your prices, even if spending is down, is not always the answer."

The risk of not looking after yourself

Rick Mapperson blogs about finding out the hard way it's vital you take good care of yourself. "Have you found that if you are working long hours trying to get through a large task, that if you put it aside until you have had a good sleep, that you can complete the task in half the time?"

You are not a superhero

As a small business owner it can look as though you’re a superhero, and sometimes you can even feel like you’re superhuman. The cold and hard fact is you’re not.

How to make big decisions

Rick Mapperson blogs about tackling those big business decisions. "Decisions involving money or long-term investments are always hard. For you that might mean increasing your business’ marketing budget, purchasing property, altering your budgeting or spending, agreeing to take out personal insurance, committing to an ongoing donation to a charity or taking on a new project."

Technology risks in business

Rick Mapperson blogs about the risks to business of a heavy reliance on technology. "Ask yourself an obvious question: ‘If the technology that I use in my business were to suddenly become unavailable, for whatever reason, would it affect my ability to do business?’"

The risk of making rash decisions

Rick Mapperson explores the danger rash decisions pose to your business. "We need to understand our own emotions and how we operate so that we don’t make a decision that we will later regret."

Do you run away from sales pitches?

Rick Mapperson blogs about how our natural reaction to sales pitches may mean we're missing valuable business opportunities. "Sometimes a bad sales pitch is in front of a very good business."


Why is Australia seeing fewer female CEOs?

Fewer women are running the country’s top 200 ASX-listed companies in 2020 compared to the last four years, according to the Chief...

Coronanomics – What we’ve learnt about the economics of COVID-19

If trade bought prosperity to all corners of the world, then COVID-19 is showing the dark side of an interdependent world.

Should you incorporate an AI strategy into your business?

With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business....

‘A 10,000 per cent increase in page views in 2 weeks’: how to scale up in a crisis

As a telehealth provider, Coviu experienced a sudden surge in customer demand during the pandemic. Their website saw a 10,000 per cent...

Unemployment rate drops, defying forecasts

Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per...

Qantas disrupts financial services industry with SME business loans

Qantas will start referring business frequent flyers to lending platform Valiant Finance. This partnership helps Qantas members access working capital, asset finance...

Employees willing to salary sacrifice for flexible working: Research

Research from payroll and HR software solutions provider, Ascender, shows that more than one in three (37 per cent) of Australians are...

Let’s Talk: The Right Reasons

A strong story behind a business's inception can have a powerful effect on customers. Customers may identify with a founder's back story...