And I’d say even for the next 12 months change is going to be just the normal going concern. That’s just going to be everyday business. Every day is going to be something slightly different and adapting and changing. I think everyone needs to just be comfortable with that. So agility and speed and adaption right now I think are going to be at a premium. Whereas consistency and efficiency I don’t think are as valued right now.
Now is a great opportunity I think, to take stock. I do think businesses, those that take a little bit of bravery or think, or apply a little bit of bravery, I think you can win out of this crisis.
Maybe don’t overthink it and don’t play the farm on it. But I think the other thing too, is that businesses… We’ve seen businesses respond really quickly. So those that have adapted fast quite often have sort of got ahead quickly and haven’t sort of, I think, overlabored the point either.
Remember, you’ve done it before in a different context. But this is this is another blip that you can ride out. This is just another roadblock but you overcame that first one which was so incredibly hard, which was just getting a business off the ground.
To relax and then you can choose one of I think I put five different ones together, which where I’m basically just describing whether it’s a beach resort, or whether it’s a ski of snow holiday and taking you through the smells, the sounds, the actions, the things around you, and just letting your brain fill in the gaps and really, you know, feel the kind of good vibes of the holiday of your choice.
Okay, so what are some principles that you’ve learned, from your time the military that could be easily applied to businesses?
Well, I guess I had a bit of a think about this before and we have it there’s a bit of a, there’s a quote that’s borrowed from I think it’s from Dwight Eisenhower, which was the plan is nothing and planning is everything. And I think there’s this notion in the military that you know, there’s a, I suppose a perception of the military making a plan, having a strategy executing the plan and so successful. But what the reality is behind that at a tactical and strategic level is that the plan is just a living thing. And it’s always changing
I’m pretty disciplined about it actually, it’s pretty boring. And I think that’s the, secret sauce is discipline.
So not all about work, having making sure that you’re touching base regularly and just finding out how people are what they need away from work, make sure they’re comfortable, you know, and then having a bit of downtime
And in the last round of research that we did, which was timed for the second week of July, so just as we’re going into that second lockdown, that figure reduce, so now 41% are saying it’s not the time to be hiring new staff so people, businesses are starting to think a little bit more around how they’re going to come out of this.
Sadly, I you know, the economic circumstance is such that there are a proportion of businesses we’ve got 15% who feel their business has little chance of remaining open after the crisis, but didn’t that number, as horrible as it That is, if you wanted to 15% it’s not you know, given the breadth and inequality of the impact of this pandemic. And it’s not as bigger number as perhaps we might have expected. And again, that’s perception of what small business owners are saying. So there’s a general feeling of optimism that by hook or by crook, definetly coming out the other end.
even with physical contact 78% of people are avoiding handshaking again. That means that there’s 22% of people who are still shaking hands.
Essentially, when women are pregnant, especially even leading up to pregnancy when they try to get pregnant when they’re breastfeeding, it is recommended by health care professionals that they should be having a maximum amount of about 200 milligrams of caffeine a day.
I don’t know if you’ve seen Monty Python’s the meaning of life. I have It’s been a while but I’ve definitely there’s that scene where the pregnant mother is lying on the bed. And they’ve got the machine that goes ping and she says, What do I do Nothing dear. You’re not qualified
Okay, essentially, a buyer’s agent is, I guess the opposite to a selling agent. So everyone who’s selling a property generally has a real estate agent who’s selling the property on their behalf. a buyer’s agent actually represents the buyer of a property so instead of just going straight to the real estate agent and trying to negotiate on a property through them, you actually use a buyer’s agent who can actually find the exact property that you’re looking for, and negotiate on the price and terms.
And we do have the page on your website under shop where you can buy the fantastic book, how to build a multimillion dollar property portfolio from a 40 k deposit. And, you know, I don’t have anything like you’d have a I think, but we both started off with a small deposit. So it can actually be done.
We are talking about the updates, job keeper in particular and the exposure for businesses on COVID-19. We’re doing this one as a special update.
Yeah, so job keeping change 21st of July was announced by Treasury. And the changes are that there’s a gradual scaling down with the job keeper payment. But it’s also recognizing that some of the part timers getting being paid on the job keeper, were in fact earning more money than they did beforehand. So there was a rebalancing of the payments from a job keeper perspective to employees.
Don’t be afraid to ask for help.
Invoice finance just provides upfront payments to you for your invoices. So effectively you’re using the assets on your balance sheet, which are your invoices. just bringing the payment forward to you, you’re getting your money faster.
I’m thinking about growing this business, for example, in different ways. And I guess it depends on your appetite to risk so would you say, now’s a good time to take on some risk? If especially if competitors are falling by the wayside?
How can you live life beyond limits? And what are the limits?
That’s a really good question. Because the moment you start thinking about limits, of course, everyone has their own
So our beliefs are essentially on buttons and off buttons that tell us what we can and what we can’t do, they’re not necessarily true. In fact, there’s a real clue in the word belief. There’s the word lie right in the middle. And what is true for someone can be completely untrue for somebody else. But if we believe that something is not possible, we will not pursue it.