Accepting that you can safely delegate to trustworthy staff can be difficult for some small business owners. But not handing work over to your employees can actually hold a business back from attaining its true potential. That’s according to business coach Tristan Wright, who says leaving one’s ego at the office door and delegating tasks to others, can lead to better physical and mental health outcomes for the business owner, staff empowerment, and ultimately a more productive, prosperous busine...
Apr 06, 2022•8 min•Ep. 494
Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information.
Apr 05, 2022•10 min•Ep. 493
Be aware of Business Email Compromise (BEC) scams warns tech expert, Steve Sammartino. He says that scams like these are increasing as improved technology allows scammers to impersonate you and your business. Steve explains what they are and how to protect yourself from them. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information....
Apr 04, 2022•14 min•Ep. 492
With an election looming, the federal treasurer Josh Frydenberg delivered a budget focused on cost-of-living measures. Michael Jones of Mazars examines the budget from the perspective of family business and self-managed super funds. He says that budget time is always a good opportunity to reassess your own tax and financial situation with support, of course, from your accountant. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener ...
Apr 03, 2022•12 min•Ep. 491
A combination of ego, overconfidence and, at times, ignorance, can lead to business blind spots. That’s according to Tristan Wright, a business coach and founder of Evolve to Grow. He says the way to find your own business blind spots is by becoming humbler and speaking directly to every member of your workforce. And he says asking for ideas for improvement and graciously accepting constructive criticism can expose issues business owners may not have otherwise seen. Business Essentials Daily is ...
Mar 31, 2022•10 min•Ep. 490
Sure, most things today are done digitally and online, but when it comes to building relationships and sourcing quality leads, answering the phone can in in fact be the answer. James Smith, CEO at digital agency, Smith Brothers Media explains why businesses need to lift their game when it comes to picking up the phone. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information....
Mar 30, 2022•9 min•Ep. 489
Many "new" ideas already exist in some form or other — does yours bring something better to the market? Business Adviser and Author, Alan Hargreaves, has three rules to test a new idea for success: Is it needed? Does it work? Can it be done better? Alan insists if your idea provides more convenience for consumers, it might be a winner. Reference: Find out more about the three rules in Alan’s book ‘Management reboot: 52 ideas to make things happen’ Business Essentials Daily is produced by: SoundC...
Mar 29, 2022•8 min•Ep. 488
Australians have one of the highest rates of burnout in the world. So, how do workers and leaders handle the emotional, physical and mental exhaustion caused by excessive and prolonged stress? Mark Butler, a specialist in workplace mental health explains how to prevent burnout, and what to look out for if you or your team are suffering. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information....
Mar 28, 2022•10 min•Ep. 487
Even though, as Simon Reynolds says, Pharmacists are scientists who are released into the retail world with no business training, he’s still managed to build a business that now groups together about one fifth of the pharmacies in Australia. Starting with his father’s two pharmacies in Western Australia, he’s spent the last 20 years building the extremely successful Pharmacy Alliance company, which is a member-based organization providing the benefits of scale to independent pharmacists. Flying ...
Mar 27, 2022•12 min•Ep. 486
There’s a goldmine of extra income a lot of businesses are missing out on because they don’t follow up effectively. Sales expert and founder of BOOM Sales!, Trent Leyshan, reckons businesses haven’t implemented a proper follow-up process or structure. Trent explains how to follow up, using both traditional and digital methods. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information....
Mar 24, 2022•9 min•Ep. 485
Business owners can be their own worst enemies if they have a fixed mindset. That’s the view of Tristan Wright, a business coach and founder of Evolve to Grow. He says the way we are brought up can give us a blinkered view of the world and our own abilities. Tristan also says self-belief, the development of good habits, thinking laterally and embracing challenges can all be ways to remove obstacles in the life of a small business owner. Business Essentials Daily is produced by: SoundCartel sound...
Mar 23, 2022•9 min•Ep. 484
Your staff really are your number one resource, so to make sure you attract the best talent and are able to hold on to them, looking after them holistically is going to give your business a competitive advantage. Lyndal Hughes, is a senior executive at Q5 Partners, an international award-winning consulting firm that specialises in "organisational change". She explains why Wellbeing is so integral to the culture of a business. Business Essentials Daily is produced by: SoundCartel soundcartel.com....
Mar 22, 2022•12 min•Ep. 483
Borders may have opened and most COVID restrictions dropped, but sometimes drastic labour shortages are persisting for many businesses. With about 750 pharmacies to manage, as well as a head office of 65, Ann-Maree Chadwick has experienced the problem first hand. Ann-Maree is the manager of People and Culture for Pharmacy Alliance, which is one of Australia’s largest pharmacy groups. In this episode she outlines the problem small businesses are facing, and offers some sound strategies for retain...
Mar 21, 2022•16 min•Ep. 482
As much as we'd wish it, not all staff are high achievers. In fact, some people don't perform up to scratch. So, what can you do about them? Karen Gately, CEO at Corporate Dojo, has nine solutions to get those underperformers on track. It's about acting early, decisively and honestly, and it's about being able to handle an upfront conversation to deal with performance issues. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for ...
Mar 20, 2022•10 min•Ep. 481
As a business owner, have you let the sales process fall by the wayside? If you’re like many others, perhaps what stops you from selling is fear. Well, according to sales guru Trent Leyshan, you need to regain your mojo. Afterall, he says, sales is the lifeblood of any company. Trent is founder of BOOM! Sales and author of two sales books, Outlaw and The Naked Salesman. He outlines the three key steps you need to take to go from fearful to fearless in sales. Business Essentials Daily is produced...
Mar 17, 2022•10 min•Ep. 480
While staff health is of vital importance as we head back to work, the health of your business is just as crucial. With the flux of the last couple of years, where are things really at, how are things really operating and how healthy is your organisation? Tom Leary, Partner and MD at Q5 Partners, an international award-winning consulting firm that specialises in "organisational change", discusses how to tell if it’s time for a business health check. Business Essentials Daily is produced by: Soun...
Mar 16, 2022•12 min•Ep. 479
As a result of COVID-19, the big push these days is to go digital in our marketing and communication with customers. But are there inherent dangers in this? Are we forgetting how to interact with our customers on a personal level? Veteran marketing expert and founder of Marketing Focus, Barry Urquhart, says digital communications is just a part of a broader mix of building relationships with customers. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See o...
Mar 15, 2022•12 min•Ep. 478
As the ATO grows in size and its collection of data is becomes more sophisticated, Nathanael Lee of Mazars, expects more audits and reviews from the tax office. Currently, it has a spotlight on private groups, including medium and emerging private groups with wealth over $5 million dollars. Nathanael explains an ATO review process and how to prepare for one if you’ve been approached for a review. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystu...
Mar 14, 2022•11 min•Ep. 477
As a matter of urgency, Australian businesses are encouraged to adopt an enhanced cybersecurity posture. In other words, be prepared for an attack from Russian cybercriminals, warns the Australian Cyber Security Centre. IT specialist Zaun Bhana, says the Australian government’s support for Ukraine and sanctions against Russia, is likely to increase cyber-attacks on our shores. Zaun outlines what businesses can do to protect their systems from the threat. Business Essentials Daily is produced by:...
Mar 13, 2022•11 min•Ep. 476
It’s a fine line: having the perseverance and grit to constantly manage a business, without succumbing to burnout. Andrew May, CEO of StriveStronger, recognises the challenge businesses face and says looking after your physical and psychological wellbeing is paramount to a healthy business. He says you shouldn’t ignore the signs that your body and mind might be suffering. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for priv...
Mar 10, 2022•8 min•Ep. 475
When you find what you love and you can make a buck form it, you’ll never ‘work’ another day in your life. That’s according to Stephen Hunt, whose success stems from a $100 beer garden in his parents’ backyard to building a $100-million beer empire decades later. Stephen’s Hunt Hospitality has a portfolio of seven pubs on Australia’s east coast and employs 350 people. He explains how he has turned good pubs into great pubs, and how passion and drive have led to his success in business. Reference...
Mar 09, 2022•11 min•Ep. 474
In a world that just keeps getting busier, how do we find time to get through our daily tasks? Switching the notifications pings off your computer and mobile phones is one suggestion. And there are many other strategies from Les Watson, Time Lord and author of ‘Get Back An Hour In Every Day: The A-Z of Being More Productive’. Another is prioritising your tasks by ditching or delegating the less important work. Or even saying No! Business Essentials Daily is produced by: SoundCartel soundcartel.c...
Mar 08, 2022•11 min•Ep. 473
It’s more important than ever to have a written employment contract in place with all your staff, and that includes your casual workforce. That advice is from lawyer Paul Cott, who discusses the rules around casual employment of which business owners should be aware. They include leave entitlements, superannuation, and a cap on the number of hours a casual can work. Reference Listen to 'The History of the Australian Startup Ecosystem' podcast: https://w2d1.com/subscribe Business Essentials Daily...
Mar 07, 2022•12 min•Ep. 472
A huge proportion of Australian small businesses will be re-assessing their viability over the next couple of months, and many will close. That’s according to Alexi Boyd, the CEO of peak industry body the Council of Small Business Organisations Australia. She says that many small business owners are exhausted because of the pandemic and will be reassessing their viability. And she says that unless governments come up with better, more tailored assistance, the fabric and soul of what makes commun...
Mar 06, 2022•9 min•Ep. 471
Tony Gattari has always been known as a sales guru extraordinaire, from his time at Harvey Norman, where he increased turnover in its computer division from $12 million a year to well over $500 billion. Today, he’s as well known as the guy who’s lost a heck of a lot of weight and is now a specimen of health. Tony explains why maintaining a healthy regimen has been wonderful for him both personally and professionally. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 ...
Mar 03, 2022•10 min•Ep. 470
Who’d have thought, after more than two years we’d still be talking, thinking and take precautions against COVID? And now, finally, the country is tentatively opening up: the doors are open for international visitors, there is less reliance on QR codes and face masks, and even WA is coming back into the fold. Of course, it doesn’t mean COVID’s disappeared completely. It’s still lingering, there are still hospitalisations, and there’s always a threat of new strains. And, so, what should you do to...
Mar 02, 2022•9 min•Ep. 469
The fundamentals of selling still exist, but salespeople need to fine tune their skills and techniques to get to their prospects earlier in the decision-making process. That's according to sales and business growth advisor, Rob Hartnett. You need to train your sales staff to be better, he says, in order to create new opportunities, capitalise on them and grow your business. Reference: Rob Hartnett, robhartnett.com Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 988...
Mar 01, 2022•9 min•Ep. 468
The drastic labour shortages that have been affecting small businesses are “peaking” and should start to resolve soon, according to the CEO of the Council of Small Business Organisations Australia (COSBOA), Alexi Boyd. She says that while it is still the number one problem for small businesses, the “top of the curve” has been reached. Opening international borders will help, but COSBOA says long-term structural taxation change is needed to help people who want to work more hours get the financia...
Feb 28, 2022•9 min•Ep. 467
COVID has brought with it a tsunami of change to our lives, and it’s challenged us to adapt and find opportunities that we would otherwise not seize if the world was in it’s slow-moving normal state. That’s according to John Di Natale who offers his three big factors that emerge from a crisis, like our current pandemic: the way we show up; the way we work; and the way we change. FREE WEBINAR COVID MERRY-GO-ROUND: SEARCHING FOR BUSINESS WINS! A panel of industry experts discuss both the challenge...
Feb 27, 2022•10 min•Ep. 466
The stock market has seen a woeful start to 2022. In fact, according to Elio D’Amato, founder of consultancy firm Spotee, January was our largest market decline in 40 years. Elio discusses what the volatility means to investors, and he guides us through his stocks to watch. Business Essentials Daily is produced by: SoundCartel soundcartel.com.au +61 3 9882 8333 See omnystudio.com/listener for privacy information....
Feb 24, 2022•12 min•Ep. 465
