I have seen the expression “knowledge is power” a number of times in blog posts recently. Jim Connolly is correct in saying that knowledge is only effective when you take action. I believe knowledge is currency. It involves action, but it has to be the right action. Knowledge is what you use to pursue and…
Continue Reading »
The Danish King King Canute, or Knut or Knud is best remembered for commanding the tide to stop coming in, either because he believed he was so powerful that the sea would obey, or because he wished to demonstrate to his courtiers that he was human like all of them, and was bound to fail….
Continue Reading »
Employee blues I was in the tax business a long time as an employee, and in the corporate world we were also in the “business advisory” sector. As someone who has run businesses for some time, I realise how fundamentally useless the so called “business adviser” employees were, because really you don’t understand small…
Continue Reading »
Value pricing Now we all know (I hope) that when we offer a knowledge based service we bill for value. So if you deliver a huge cost saving to a manufacturing business by helping it re-source its raw materials you should charge it according to the value it receives in savings. If you offer…
Continue Reading »
Clairvoyants Has your in-box suffered an influx of New Year predictions? Mine has. Some of the subjects are predictable of course: How will the economy fare? What trends will we see in the property market? Where will technology go? By which they mean computers and gadgets. Now of course we can make quite long…
Continue Reading »
Yes, business is tough at the moment, so it is hard to believe that some owners are making more obstacles for themselves rather than trying to make running their business more profitable and less stressful. Somehow people get ideas in their minds which prevent their taking action. For example: Social media marketing wouldn’t suit my…
Continue Reading »
“Almost all of our sorrows spring out of our relations with other people.” – Arthur Schopenhauer Certainly I think that we can bring misery on ourselves by bad behaviour which upsets others. The other day I was in a local store which is part of a small chain. I was browsing in the aisles when…
Continue Reading »
I wrote a little while ago about the tough economy and what might we do in the face of it. We can all write the best advice we can and we can try to take advice in a positive way. However certainly since I have run my own businesses these are the hardest times we…
Continue Reading »