A modern parable for tough times
By brendan at 28 July, 2009, 6:14 pm
Most forecasters seem to agree that despite the fact we have sidestepped the worst of the global financial crisis, we still have tough times ahead. And in tough times, one of the things you need to do is be innovative and work your assets harder. Note, Competitors that don’t innovate – die. Which I like [...]
Read More >>3 questions around a good idea…
By brendan at 11 May, 2009, 9:35 pm
Last week I mentioned I was going to have lunch with an old workmate Glenn to discuss an idea he been asked to get involved with. I responded to his initial email in detail about things to think about in regards to getting involved, but not whether the idea was a good one in the [...]
Read More >>The Boogey Man
By brendan at 3 February, 2009, 2:41 pm
One of my relatives occasionally drives me mad with his worrying: How would it look if he failed? What would his wife say? What if he didn’t like it? His worrying almost always to takes the same form. 1. Identify the worst case outcome (eg usually a combination of bankruptcy/divorce courts/public ridicule). 2. Don’t explore [...]
Read More >>unknown, unknowns
By admin at 10 November, 2008, 9:58 pm
I’m currently reading The Black Swan by Nassim Nicholas Taleb [pls link to ] . Its a fascinating book that discusses why the improbable seems to happen a lot more than people expect. There was a section in the book that talked about the military and how they talk about “Known, Unknowns” and “Unknown, Unknowns”. [...]
Read More >>On the subject of Advisory Boards
By brendan at 25 July, 2008, 3:42 pm
The other week I sat down with my technology advisory board and felt my self lucky. Here I was with a group of industry leaders that I barely knew, talking about great ideas for my business. The cost to me was close to zero but their ideas were invaluable. But getting to the point were [...]
Read More >>On the subject of lifespan
By admin at 3 July, 2008, 4:08 pm
Last week I discussed one of the major problems I had with my IT services business Edion, the issue that the business wasn’t scalable. Another issue we had is that my concept of its lifespan was wrong. As anyone who goes into business for himself is aware, no business lasts for ever, in fact 95% [...]
Read More >>On the subject of Scalability
By admin at 3 July, 2008, 4:07 pm
A number of years ago I had a business that offered IT professional services. We defined professional services as high level IT project skills such as designing networks and commissioning web server farms. Edion ran hard and fast from the beginning, clocking up over $1M in sales in year one, and around $3M in year [...]
Read More >>Failing or Flailing?
By admin at 12 May, 2008, 10:16 am
In the late 80’s when I was training to be an Army Reserve Officer, one of the major training (and leadership development) techniques that had a major impact on me was ownership of failure. If you taught a lesson and more than a handful of people failed the quick test at the end, then you [...]
Read More >>From Kitchen table to IPO – Pick up the New Skills
By admin at 18 April, 2008, 6:34 pm
Last week I talked about the selecting your Advisors when going public that came out of the Churchill Club programme “from Kitchen table to IPO”. which we ran on the 17th April. We were joined by Silvio Salom of Adacel Technologies Ltd , Leon Lau of Peoplebank Ltd and Michael Abela of Mobi Ltd . [...]
Read More >>From Kitchen Table to IPO – What’s your strategy?
By admin at 18 April, 2008, 1:21 pm
During the dotcom era, the Holy Grail was to found a technology company, get capital, list it then move on. But very few achieved this. In fact the few that did setup business that listed generally hung around and had some fascinating learning experiences on the way. So on the 17th April at the Churchill [...]
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