Ideas to Action – Part 2

Last week we saw that entrepreneurs take a different approach to thinking and problem solving in that they often start with their means first, then build goals based on what they are prepared to lose (rather than what they expect to gain.)

This week, we look at the final three principles of Effectuation.  These steps bring the interaction with people into the process of getting a business idea off the ground.

Building Your Software Ecosystem

With so many business applications available to subscribe to it’s important to ensure that where possible they work together.  In doing so, apps talk to and with each other providing an ecosystem for your business to grow within whilst also delivering efficiencies to your everyday tasks.

How to Select Apps for Your Business

We love cloud computing (not just accounting) and the rise of SaaS means that you can build solutions for your business as the need arises. 

Selecting applications can be a never-ending task, ask your friends in business what they use and you will likely get a myriad of recommendations, all coming with free trial periods.  It can be tempting to try out all of them.  Here are our tips to get on with the job and get the most out of your apps

Life in The Clouds

‘The Cloud’ is what we call software and data that lives on the servers external to your computer.  These servers are generally in large dedicated warehouses around the world and you generally access the data by logging in over the internet.

Discover Your Business WHY

Do you know your why? It’s so important to really understand this as it will be the key to how you connect with your clients, staff and suppliers. To have their answer when people ask why they like your product or service be ‘because it feels right’.

Ready, Fire, Aim!

When I start to reflect on discussions, interactions and business dealings with entrepreneurs over the past years they all seem to have some things in common.  Typically, they have a good appetite for risk, but more importantly is that they are able to think quickly and make changes in their business that allow for adaptation as they realise what it is the market wants.

Why Uber is NOT a Disruptive Innovation

No one can dispute that Uber has thrown the world’s taxi industry into disarray, however the process itself was not technically disruptive.   By understanding the true meaning of the theory managers can make better decisions in regard to competitors entering the market.