On special occasions or to cap the night on a relaxing mood, a glass of wine can add sparkle and colour to any scenario. Wine is also a symbol of luxury, which used to be the drink of the kings and the rich. It has a long history, recorded in ancient books and manuscripts. However, behind the glamour ascribed to wines is a tedious process where we can pick a few lessons that we can bring to the business space.
Entry to the entrepreneurial world may come from different points and in various forms. There are those who have started early because their hobby or interest has grown organically. Some may have arrived at this path because of family influence or connections. Others probably stumbled to it by accident or found their way there because of a great need. Then there are those that transition from a regular job towards self-employment.
Have you ever walked down a road, so sure of your direction only to find out midway that you’ve taken the wrong path? Even in the entrepreneurial journey, mistakes and change are bound to happen. The initial goal may no longer be viable under the present circumstances, and a crossroad of choices appears before you. You can give up, continue with your original intent but with a few tweaks, go back to the beginning and redo things, or pivot and make a major overhaul of your business.
Surfing is not for the faint-hearted, and so is the entrepreneurial journey. It takes skills, practice, determination and passion to ride the waves of tribulations. One can brave the perils of surfing or entrepreneurship through persistence because perseverance is necessary to achieve the needed to accomplish.
No matter how passionate you are with work, it is inevitable to feel a bit overwhelmed and exhausted from all the rigours of the entrepreneurial life. One way to relieve yourself from stress is to get into meditative exercises like yoga.
The beginning of the 21st century saw the rise of podcasts as a new way of sharing information to the public. It broadcasts content and distributes them as audio files using apps or the internet. Entrepreneurs saw the value of podcasts in increasing their knowledge as they can conveniently listen to them anytime they want.
Entrepreneurship is like gardening where you plant and nurture your business so that it grows and bears fruit. It takes a lot of labour, notwithstanding external factors, to achieve the result you envision. Nevertheless, you till the ground, water the plant and care for it until it yields its produce for a good harvest.
The perils of letting the powerful flow of water push you along a maze of huge sharp boulders are extremely high. It’s the same with putting your efforts and resources in establishing and running a business – you can gain so much or lose a lot. Despite the hardships, the whole adventure brings excitement and adrenaline rush. The satisfaction that the end of the surge gives to those who take it is even greater for those who finish it.
There are many parallelisms to the entrepreneurial journey, and we can draw lessons from various activities which we can apply to the business space. We don’t have to look far because the great outdoors is a rich resource of business insights. Bringing your venture to success is like hiking uphill to the peak. While climbing a mountain sounds exciting, it is full of challenges and risks, although the results can be extremely rewarding.
With the changing of the calendar and another year approaches, we start putting together our New Year’s resolutions, hoping for another beginning that can help us become better than the previous years. Others may not subscribe to the idea of New Year’s resolutions, but in business, there is a parallel mindset which is more related with goal-setting.
The holiday season is upon us, and it’s time to do some grocery shopping in preparation for the parties, luncheons and get-togethers. As you plan your menu for the lunches and dinners, consider how the usual holiday fare can also bring you insights and tips for your entrepreneurial journey.
Helping seniors stay mobile, safe and happy is the simple purpose of The Physio Co, the business that physiotherapist turned entrepreneur Tristan White has founded. He considers himself an accidental entrepreneur because the initial reason he created his business was to provide himself with a job that he would enjoy. Also, during his youth he never expected himself to fall in love with aged care, which The Physio Co has been serving since 2004. Nonetheless, the business has flourished to what it has become now.
EthnoLink’s founder and CEO Costa Vasili is a son of migrant parents. His father, who was born in Cyprus, moved to Australia at 13 years of age. It is where he met Costa's mother, who is also of Cypriot descent, and where Costa was born. To ensure that Costa had the best chance of success in Australia, his parents spoke to him and his brother mostly in English rather than in Greek. While this decision had a positive impact on Costa's English language skills, it impacted Costa's ability to speak Greek.
In life, we often accumulate things that we need, want or like. Over time, these items are no longer necessary for us, yet we still keep them and allow them to occupy space and collect dust. Jacob Spencer’s business, Mobile Skips, comes in handy for those who do some spring cleaning, DIY jobs or moving residences or offices to take out the non-essentials and keep spaces neat and orderly.
The entrepreneurial road is full of surprises, and you will never grasp the full extent of it unless you take it yourself. People have entertained different notions of entrepreneurship. Some of them may be close enough to the truth while others are far from reality. Nonetheless, it is best to know straight from business owners themselves about the bigger picture that the entrepreneurial journey entails.
With millions of apps available online that are increasing each year, an average smartphone user has a wide array of options on which ones to use that correspond to his needs. For Appscore co-founder and Managing Director Alex Louey, whose company has been developing apps, websites, cloud solutions, Internet of Things (IoT), and other technology-based products, it’s more than just building a software. Its mission is to create great customer experiences for their clients and make their lives easier every day.
Be great and Be grateful. These are the two corporate values of Araza, a technology systems integrator and consultancy company, specialising in cloud and digital solutions. Its co-founder and Managing Director, Victoria Kluth, endeavours to live by these values as she leads others towards the vision and goals of her company.
Speaking from experience, VÖOST co-Founder and Orange & Green Director Jason Scher affirmed that there are many difficulties that business owners encounter along the entrepreneurial journey. “Every single day, you're going to be challenged with something that will make you think, ‘I'm not good enough. It is not working.’ Then, you start to have those thoughts of quitting,” he said. It takes a lot of effort, time, resources and inspiration to start a business and see it through.
When you own a business, one of the key components to make sure it runs smoothly is a good accounting system. For accountant-turned-entrepreneur Scott Trevethan, managing director of the two companies he owns, there are several accounting concepts that he was able to apply to his businesses.