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Ric’s Thought for Today: Only ½ of businesses are surviving

Ric’s Thought for Today: Only ½ of businesses are surviving

New Bureau of Statistics figures show only half the businesses which started in the first full financial year of the Rudd Government are still going today:  – Of the 299,123 new business entries during 2008–09, 75.8% were still operating in June 2010, 60.5% were still operating in June 2011 and 51.0% were still operating in June [...]

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Weekly Wisdom No.162: Focus on my 4th question

Weekly Wisdom No.162: Focus on my 4th question

Focus on my 4th question Regularly, I challenge my clients with four questions: What are you doing? What should you be doing? What should you not be doing? What should you be doing next? The fourth is the most important question today, tomorrow, and throughout your career. During the industrial age, the foreman or boss [...]

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What’s around the bend for marketing your business, smarter?

What’s around the bend for marketing your business, smarter? Here’s 16 examples from my list of 50 that I believe you must be aware of to remain effective and relevant beyond the year 2020. In 2020 there’ll be an estimated 2.5 billion smartphones. What might that tell you about how people will engage with you and your [...]

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Whirlpool Marketing (the book) Website Coming Soon

Whirlpool Marketing (the book) Website Coming Soon

Whirlpool Marketing: How to Attract & Acquire Customers Who Will Gladly Pay You What You’re Worth will be launching in Australia, America and Europe during August. The book will have its own website with a vast storehouse of useful resources and tools. The website should be live by June 1 — as long as the cyber-gremlins play nice. [...]

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Pricing Strategies to Grow Your Business: Live Webcast 8 May

Pricing Strategies to Grow Your Business: Live Webcast 8 May

Pricing Strategies to Grow Your Business The world economy is being stormed by an evolution—the Pricing Evolution. Most professional services firms have been content with the pricing strategies and methodologies developed by those who went before them. Accountants and lawyers charging in six-minute increments. Business consultants and coaches by hourly or per deim rates. Recruiters [...]

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Weekly Wisdom No.159: What’s Your Default Position?

Weekly Wisdom No.159: What’s Your Default Position?

What’s Your Default Position? On my blog last week I wrote about responding in the moment to events that challenge and frustrate you (It’s not what happens to you but how you respond). Taking the next step; what’s your default position when faced with an opportunity? Do you need to have a guarantee to feel [...]

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Interesting people I’ve met: Ali Khalil CEO & Board Member

Interesting people I’ve met: Ali Khalil CEO & Board Member

I had the pleasure of spending some time with the CEO and board member of Al Tanmyah Services in Dubai. No matter where in the world you visit there will always be those interesting people who have gravitas and a presence. Ali Khalil Al Sayegh is one of those people. A wealth of experience and [...]

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Strategy: Markets, Products and Risk — Dubai Workshop

Strategy: Markets, Products and Risk — Dubai Workshop

In Dubai we discussed evaluating the risk and return of your markets and products. This graphic was developed within the group as we considered the shift into related and unrelated markets and the development of related and unrelated products. The value in attending these strategy sessions are immense. If you’d like to attend future programs, [...]

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Dubai brings the four corners of the business world together

Dubai brings the four corners of the business world together

Dubai has a habit of attracting global talent. From left right: Danny Harrison — Principal of Azzan Bin Qais International School in Muscat, Oman. Ric Willmot — Author, consultant, speaker and mentor: Executive Wisdom in Brisbane, Australia. Pradeep Bal — Head Business Analyst of Coke, Sinter and Iron at Tata Steel Limited in Jamshedpur, India. Saurav Chowdhury — Office [...]

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highest strategic priority for professional services firms

Become addicted to building your business

Speaking at a conference in Melbourne this week the feedback from the audience wasn’t overwhelmingly they believe that they must significantly increase their lead generation and marketing efforts just to survive and remain at current levels of revenue. What this is telling us is that your competitors are chasing your clients, your prospects, your marketplace. [...]

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