SMB Blog
Pre-start – The Law of Business
Business is all about selling a bundle of products, services, and inevitable experiences, what we call a solution, for more than it costs to produce that solution. That's it. Simple. If you cannot consistently abide by this law, that is, make a profit, then you either...
Starting A Business – The Basics
So, you’re thinking of starting a business? If so, think again! Better still, check! Before you get carried away by your passion for your ‘obviously brilliant’ idea/invention and start spending loads of time and money trying to make it a reality, take off your...
Beginning With The Customer
Tom O’Toole is world famous in Australia for turning his Beechworth Bakery into an outstanding success as the largest independent bakery in Australia, see www.beechworthbakery.com.au. Tom’s secret sauce for his success comprises 3 rules (all in uppercase as he’s very...
The Building Foundations – Service Profit Chain
There is no magic to a successful business. If you care to look deeply, you can figure out what works and why. The authors James L. Heskett and others wrote papers and a book on what they called the Service-Profit Chain. Putting it simply “[t]he service-profit chain...
Refresher – What Is Business About?
Business is all about providing solutions, that is, bundles of products, services, and experiences that satisfy customers' Job To Be Done. Business is NOT about you making something that gives you the jollies, where you then try to foist it on to customers. Business...
Build Introduction
To get to this page, we hope that you have read and taken on board the material on the Start page. Whether you already knew it or you now know it, it doesn’t matter; you need a solid foundation on which to build your business. Again, Where Do We Begin? If you have...
Inconvenient Facts
Facts do not cease to exist because they are ignored, [Aldous Huxley]. and we expand further: Facts do not cease to exist or have their impacts, because they are inconvenient and are then dutifully ignored.
About The Banner Picture
The Thinker, is a bronze sculpture by Auguste Rodin. Rodin first conceived the figure as part of his work The Gates of Hell commissioned in 1880. Wikipedia, September 2018. When I first saw the statue, I was captured by the concept (in my mind) of a person thinking...
The Imposter Syndrome – Do you really think YOU can be an Entrepreneur?
Do you ever have doubts, ever feel that you are unworthy? Do you fear that you are an imposter? "Impostor syndrome is a psychological pattern in which an individual doubts their accomplishments and has a persistent internalised fear of being exposed as a "fraud"....
Unpacking The Basics
Let’s unpack the post Starting a business – The Basics and learn the foundational concepts to starting a business. You will find fuller descriptions of the following in both the eBook Starting a Business – With Facts, Not Faith, which delves into the fundamental...
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