Growing a business

Mentors are wonderful things. Either casually of formally organised, getting another perspective from someone who has been there and done that is valuable.

There is something to say for a mentor’s “larger business” perspective. Plus if your mentor has entrepreneurial experience it’s the best of both worlds. A mentor does not have to be an expert in everything you are. If you are operationally weak it may help to have a mentor who is an expert at operations – providing you respect their expertise and experience. One of my mentors is an entrepreneurial former accountant. He keeps me looking at the numbers.

Plus most startup entrepreneurs don’t have the skill set to take a company from startup to $50M turnover.

But if you can take a startup to $5M profitable turnover, and repeat that quickly, there is a niche to make you rich.

Others can take a company from $5M to $15M. It’s their sweet spot.

Find your expertise and exploit it.

It depends on what you want out of your life and business. Single-eyed focus is the common trait for all such creatures.

Interestingly I have some friend who are discovering their business can support a nice lifestyle if they take the foot off the accelerator. They are discovering new priorities in their lives now that they have kids and grey hair.

One friend travels three months of the year and her business runs itself in her absence. I know entrepreneurs driving their companies to IPO who pause to consider their options when they hear that.

Live 8 the African Reality

Lest this become a love in…

I do have reservations about the ability of a rock concert to affect meaningful change in either the G8 or Africa. The G8 ministers have a fundamental belief in the superiority of western economic organisation. Anti-globalisation protesters don’t faze these guys. A billion rock concert eyeballs will get a reaction along the lines of “that’s nice, now let the grown-ups talk”

I’m not seeing too many African artists on the bill so far either.

However if Live 8 begins a discussion amongst people who have never considered these issues, it is a good thing. Even an elementary and simplistic dialog will lead to some kid growing up to provide useful and intelligent solutions. Every primary school child learns that the enviroment is important. Most of these kids grow up not making a bit of difference to the environment – but some do.

While looking for a view to counter Live 8 I found Ethan Zuckerman’s “Bono and Brad Pitt Need Your Help!”. Take a few minutes to read his considered thoughts on debt relief, aid and changing global trading rules. Then there are comments on the absense of African performers and Peter Gabriel’s criticisms of Live 8.

But let me quote the best part of his post

But it would be a damn sight more useful and transformative if bloggers would go a step further and start reading some African bloggers… perhaps starting with some of the folks who are justifiably skeptical about the value of yet another rock concert. Allow me to recommend Thinker’s Room’s Live Aid? Please!, Sokari Ekine’s Live 8419 or Gerald Caplan’s brilliant piece in Pambazuka.

It is too easy to reduce this discussion to the simplest terms – the G8 should magically fix it all. Hopefully something more intelligent will grow as more people join in.

Live 8 Live Internet Radio

Of course I am getting extreme geeky right now.

I’ve got the BBC’s feed of the London concert via WinAmp digital radio. So Annie Lennox is on BBC, Bryan Adam is on Fox 8 and Zucchero is on Fox+2

I’m getting tired. Given I’m on UTC+10h at the moment I’m hoping the Tokyo coverage will get the some interesting coverage later.

Looks like none of the Free to Air stations are doing anything beyond a highlight package tomorrow. Channel nine seems to be doing a 60 minutes special. Sheesh.

Hmmm I’m now doubting that the Live8Live coverage is actually totally live. Bob Gendolf is on stage singing Don’t Like Mondays, but an hour ago I read he was on stage performing that song. Hmmm BBC hasn’t got Bob on live at the moment.

I suspect the TV coverage is doing what they do during the Olympics. We’re getting slightly massaged live coverage of what the programmers think is the most interesting act at all the locations.

Live 8 banner

There’s even a cool techorati banner for live bloggers.

If you care please comment on any of the Live 8 posts and also add your name to the Live 8 List

TO:

The 8 most powerful leaders in the world

50,000 people are dying, needlessly, every day of extreme poverty.

At this year’s G8 summit meeting, it is within your power to put an end to this tragedy. It is an extraordinary opportunity which it would be shameful to ignore. We urge you to take these 3 steps to make extreme poverty history…

1. double the aid sent to the world’s poorest countries,
2. fully cancel their debts,
3. change the trade laws so that they can build their own future.

You just add your name and country to the bottom. If you want to receive more information, there’s a spot for your email address.

Live 8 is on now

For those lucky enough to subscribe to Foxtel, Live 8 is on Fox 8 right now. Even better for digital subscribers it is on the timeshifted Fox 8 +2 as well.

Thank god Molly Meldrum is finished for now. Does anybody in the key music demographic in Australia care bout Molly? Maybe their parents did… once upon a time… in a sunburned country far away.

You can also watch Live 8 live via the internet.

To try and keep this on topic seems gratuitious. Maybe after it wraps I’ll post about the implications of forgiving African debt and the financial impact on global growth, conservative financial management etc. For now I’m watching the concert, it is time do something different for the poorest nations in the world. If we keep doing what we’ve always done, we’ll get what we’ve always got.