Archive for April, 2012

With Ecommerce being Hotter than Ever, be part of the (R)etail (R)evolution…

Exactly as predicted by e-gurus 15 years ago, e-commerce is hotter than ever. Whether in mature markets, where consumer spending is shifting online, or in growth markets where rapid urbanization and increasing (mobile) internet penetration are unlocking new shopping habits, shoppers are ‘e-commercing’ it up. Some obligatory stats: US e-commerce sales will grow 62% by 2016, to USD 327 billion (Source: Forrester, February 2012). European e-commerce sales will grow by 78% by 2016, to USD 230 billion (Source: Forrester, February 2012). Brazilian e-commerce sales will grow 21.9% in 2012 to USD 18.7 billion (Source: eMarketer, January 2012). Chinese e-commerce sales…

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‘Follow the Money’ Business Lessons from the Apollo Bay Music Festival…

The Apollo Bay Music Festival seems to reinvent itself every year, and this year was no exception. Whilst I could spend time discussing the pros and cons of such a move, the 2 key “Follow the Money” lessons revealed to me were far more pedestrian than that. To explain… 1. A talented, young, dread-locked, guitar-playing busker was doing his thing in the main street. He had captured the attention of a few of the dawdlers, us included. As it happened, the crowd was slowly but surely building. It started to rain. He was under shelter, as were his listeners. All…

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The Unasked Question: How Do You Run a Company?

“Just ask someone today this simple question: ‘How do you run a company?’ Invariably, you’ll be met with a blank stare. Because nobody ever asks that question. Because no one expects that there’s an answer. Yet it may be the most important question we need to answer if we want to grow our businesses and fix our economy.” By Dick Cross for ChangeThis.com

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Stop Selling and Start Storytelling…

“After a lot of thought, it’s pretty apparent to me what the most valuable overall skill is for future CEOs and world changers—the ability to tell a story. We live in a world where we are sold to hundreds of times a day and have become ridiculously blind to those trying to sell us something. But we’re always up for a good story. Storytelling is what made us love the advertisements in magazines that, as children, we would rip out and put on our walls and asleep under with inspired awe. Stories are the most powerful form of inspiration and…

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The 7 reasons why Business Owners sell the business…

Recently, Business Brokerage Press released a study on reasons businesses were sold. They determined, based on the results of that study, that the reason an owner would sell a business had a direct effect on the probability of their business selling at all. Brian Mazar, CEO of American Fortune Mergers and Acquisitions, shares his comments (and issues a challenge) on the released information. The study listed seven reasons a business owner would state to a potential buyer about why they were selling a business. These reasons (and there probability of sale) were: retirement (30-35%) health problems or a death (25-30%)…

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