So America has a Federal Shutdown ... at least partially ... paralysed because those supposedly responsible for leading the country have put egos and self-interest before all else. As a result, more than 800,000 federal workers who thought themselves in safe government jobs are kicking their heels at home, waiting to be called back to work, with no certainty they'll be paid for their enforced layoff.
Every good business knows that you can never let a crisis go to waste. To turn this crisis into our opportunity we must, like Mr Meyer and his fire station, start from the basics. The first flagship and most daring policy of an entrepreneurial public sector would be making Britain the best place on earth to start a new business.
The Dragons, Lord Sugar and almost anyone else who might be thinking of putting money into your venture make great sway about the importance of a business plan, two words which strike fear in the heart of many potential entrepreneurs. A business plan is vital, without one your business may just meander aimlessly, but it certainly does not have to be complicated.
If a man runs a business he is generally seen as successful, ambitious, reputable, strong, powerful and a target of admiration for all. He will never get called 'bossy' for telling people what to do. In contrast, if a woman runs a business it is usually seen as a problem. What's wrong with her? Can she not have kids? Did someone give her the money to fund this little project?
Starting your own business is a personal journey you take that makes you question who you are and what you are doing it for. We all question out decisions and tend to overthink our intentions, but I believe that if you follow these five mantras, you can achieve great things for you and your business.
Entrepreneurs are often perceived as the heroes of our age and widely championed as the answer to the economic doom and gloom. At a time when the vast majority of headlines portend long-term financial drudgery, success stories stand in sharp contrast, proving that it is possible to turn a great idea into a billion-dollar business.
Cash flow is the lifeblood of any business and keeping track of it is as important to the CEO of a major business as it is to a sole trader. Anything that disrupts the flow of money in, and money out of the business can have a devastating effect. This is particularly true for small and growing companies, since any delays in getting cash into the business could spell disaster.