What Do We Mean by Trust? The Oxford Dictionary defines trust as ‘Firm belief in the reliability, truth, or ability of someone’. On one level we all understand what it means but on a deeper level there are massive differences in people’s expectations from it. There must be – so many business disputes are based […]
The universe wants to give us what we truly and genuinely desire, but if we insist on focusing on difficulties, lack of money, resources, or skills, then we end up amplifying those negatives instead. As Esther and Jerry Hicks explain in their book Ask and It Is Given. Whatever you are giving your attention to […]
In my early 30s I created a restaurant with no previous catering experience. I got myself into all sorts of trouble, but I learned a lot and, when the time came to move on, I sold it as a going concern. Later I set up a market research company and, while I had some good […]
Co-creation is the joining together of people to produce a mutually valued outcome. In business, it is the cultivation of win-win solutions where efficiency, success, and staff fulfilment march hand in hand. Team members feel respected; they know their contributions make a difference, job satisfaction and creativity is ignited and there is a positive flow […]
How well our business performs depends on the state of our mind. When we feel positive and good about ourselves we find answers to challenges. When we feel low, irritable or generally out of sorts we often make poor decisions. What is it that determines whether we feel upbeat and courageous or uncertain and fearful?
Selling a business after years of sweat and toil building it up is to put it mildly difficult. When faced with the actuality of letting go the exiting owner can feel threatened. Such fears are not logical. In our rational mind we know it’s time to move on but the absolute finality of no longer having a life full of activity and being the centre of attention can cause the exiting owner to panic internally.
Management Buyouts or MBOs are a great way of selling a business and simultaneously rewarding those who have worked hard to make it successful. The theory of an MBO is straight forward but there are huge emotional hurdles to be overcome. The ego loves to create mischief and cause havoc, limiting beliefs get exposed and if not dealt with disaster can ensue.
In this article I talk about how lawyers incite suspicion and how it takes time to transition from being a competent manager to becoming an adroit CEO.