The world is changing
It's no secret we're in a world of constant disruption. The ability to attract and retain customers, the onset of digital and social platforms along with attracting talent and the impact of globalisation means the old days of opening your doors and putting the shingle out front has long gone.
Business is tough
With over 50% of businesses failing in the first 5 years, there's no doubt that the pressure to perform is ever increasing. Most new business owners say they're exhausted, over whelmed and lost on how to create the business of their dreams. For those who have the goal of becoming a successful entrepreneur, it's absolutely crucial to understand and develop the skills for running a business so that it doesn't become the entrepreneurial nightmare.
Get it right from the start
The glamourous side of entrepreneurism can be misleading for the novice. Whilst having a business can mean achieving the goal of ultimate freedom, there is a lot to do to get there. Work life balance is redefined and the challenge to get the balance right means getting control of your business before it gets control of you. If you can do this you'll have a better business and better life
About the Author:
Nick has worked at the coal face across a wide range of industries with a variety of business owners, mentors and professional investors. He is a member of the Australian Institute of Company Directors and the Australian Institute of Management. He currently stands as a director of at least seven different companies that operate throughout Australia, New Zealand, the United Kingdom and Europe. Nick helps people improve their business education and has developed a number of online micro courses for business to help improve the business success rate. These can be found at www.nickbarnsdall.com