Action Model 6 Meltdown
Meltdown a disastrous collapse or breakdown, this is what the next video is all about.
Formula for success in 2018
With the start of a new year we have started with a new burst of energy and focus for the coming 12 months. We have also developed a new formula for success that will see our clients engaging with to ensure a solid strategic plan to give them the unfair advantage in the market space.
The formula focuses on and unpacks three critical areas of business. This used together with our Business Strategy planner that each client will get in January will no doubt become the focus of all future discussions and strategy into the future.
The formula 2018 Success = RI2 gives us the three critical areas of focus:
- Relationships
- Innovation
- Information
Each of these is broken down into a further three points to establish our mission and plan.
We have derived this formula through input from different sources, talks and books. We believe that the future is going to become more automated and processed driven through AI and AR. This leaves us to focus on the one pillar of business that can never be replaced by computers: Relationships. This is going to separate the successes from the failures in the future: those who can keep real relationships with their customers, staff and suppliers by offering one-on-one consultations and taking time to hear, no actually listen and understand people will gain loyalty and trust. This amounts to long-term relationships and business longevity.
Added to this is the requirement for information flowing into a business. The new book Outside Insights by Meltwater’s Jorn Lyseggen has been of huge inspiration in this area. He unpacks the difference between having information and being able to use this information to drive business expansion and market domination. A book worth getting and reading, twice.
The final focus area of the formula is Innovation. Innovation is and will continue to be a survivalist essential tool in business today. We love to play a little ahead of the curve and learn and lead our clients. Through the Cape Chamber’s Innovation Initiative we will be taking big steps in mapping out the Innovation Ecosystem in the greater Cape Town areas over the next few months.
Welcome to the future. It is going to be a great ride. Please join us at one of the following upcoming events:
Innovation Information session – 24 January
Game Changers Business Workshop – 22 February
Action Model 5 Action
This video is about action. The word “action” means exerting pressure or force upon an object or one’s environment with the aim of getting the desired outcome.
Watch the video and learn more.
Action Model 4 Fear
This video speaks about fear. Fear is a feeling induced by perceived danger or threat that occurs in certain types of organisms, which causes a change in metabolic and organ functions and ultimately a change in behaviour, such as fleeing, hiding, or freezing from perceived traumatic events.
The different kind of fears that we have learnt and adopted are fear of height, the dark, snakes, spiders, etc. What are you afraid of?
F
Action Model 2 Confidence
This video is about Confidence, Education and Experience.
Confidence -belief system, knowing with certainty that we can do something, a belief in self-ability. Education -learning from any school -formal school, informal, self-study or mentorship/apprenticeship. Experience -skill honed through practice over a significant period of time.
Webinar replay – Year-end planning
Strategy planning for the new year is critical for a successful launch in the new year. Take 25 minutes to watch this master class in year-end review and list building in preparation for the new year.
Angela Ahrendts – Former CEO of Burberry
Angela Jean Ahrendts, DBE is an American businesswoman and the Senior Vice President of Retail at Apple Inc. She was the CEO of Burberry from 2006 to 2014. Ahrendts left Burberry to join Apple in 2014. This video is an extract from Khan Academy
This video is an extract from Khan Academy:
Watch our YouTube Video on YouTube on YouTube
YouTube has to be one of most underutilised platforms for small businesses. Yet it is said to be the 2nd most used search engine used by potential customers. Why do most small business owners ignore this fact and not even have a business YouTube account?
We unpack some of the ins and outs of online video in this recorded webinar on YouTube.
Take some time to go through the video (30 min) take notes and get some of these things done to help improve your online footprint in the marketplace.
If you need help, give us a shout on email or call and we will assist you with some of the difficult things.
If you have missed some of the videos in the series then pop by our Expertise community page and catch up on your Social Media learning.
From next week in October, we start a new series on Business Growth Strategies. Join us for tips, tools and techniques that will help accelerate your business before the end of the year.
Blogging Master-Class for Entrepreneurs
| Blogging is not as hard as you may think. Just get started, that’s how most experts today got it done. In this week’s master-class, we unpack some of the issues around blogging and share some secrets to get this working well for your online brand footprint.
Watch the video below for the full lesson (30 minutes). Next week we chat about FaceBook and how to leverage your page to grow your businesses. Register HERE
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Financial Statements – Statement of Financial Position
Financial statements reflect the health of a business as the life of every business is reflected in its books. It is very important that business owners familiarize themselves with the financial statements and not only leave it to the accounting team. The more you know about your financial statements the better, this enables you to be in a better position to make sound judgement in regards to the decisions you make when you know how your business is doing financially. It is very important that you do not exclude yourself as a business owner but familiarize yourself enough to at least have an idea of what is happening in your financial statements.
The statement of financial position also known as the balance sheet will reflect the business’s financial position or value at a specific point in time. It reflects the business’s assets, liabilities and equity.
The benefits of knowing what is happening in your statement of financial position includes:
It will assist you to review your business performance.
You will need to produce it when looking for investors for your business.
It is it vital for your business plan.
Required for Annual Financial Statement.