Nick Ikonomou business coach

Quick Business Tip - What are the typical issues of industrial/wholesaling businesses?

Typically, Industrial/Wholesale businesses rely on great manufacturing processes or efficiencies in importing/exporting to get great repeat customers. Most common issues faced are: Finding great...

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Nick Ikonomou business coach

Quick Business Tip - Secrets of Successful Retailing

I often get asked this question. What I have found is the most important factor is location. Too often I see business owners seeking to skimp on rent by being at the fringe of shopping strips and...

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Nick Ikonomou business coach

Quick Business Tip - How to spot a leader in your business

Most business owners want quick fixes and little issues and disruptions. That is not the reality in an SME organisation. One of the areas that business owners want is either no resignations, no...

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Nick Ikonomou business coach

Quick Business Tip - Is the "Tall Poppy Syndrome" dead in Australia?

I believe there has been a shift in our community. More and more I am sensing people appreciating successful small to medium business owners without the jealousy that was so prevalent for a long time...

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Nick Ikonomou business coach

Quick Business Tip - Failure is easy, Success is hard

The reason for this is that success requires discipline, commitment, investment, patience and learning. Most of all, successful business people learn how to get up again after being kicked in the...

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Nick Ikonomou business coach

Quick Business Tip - When is the best time to plan for 2018?

That depends on your industry. I'm signing up clients right now for half day planning days as some industries want to get organised before Christmas so that it is all in place for them to hit the...

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Nick Ikonomou business coach

Quick Business Tip - Does working harder really work?

Business owners often fall for the trap of making up for other shortfalls in their business and themselves by working longer and harder. Those shortcomings may be financial or skill based. The...

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Nick Ikonomou business coach

Quick Business Tip - Should you focus on your Strengths or Weaknesses?

Well, both. However, in different proportions. Remember, your weaknesses are the ones which are holding you back to achieving amazing things and you need to work out how to get them out of your way...

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Nick Ikonomou business coach

Quick Business Tip - Having Fun? You better be.

Here's my quick observation across my wide experience with business owners. One major ingredient separates the successful ones from the struggling ones. It's the ability to have fun along the way...

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Nick Ikonomou business coach

Quick Business Tip - To franchise or not to franchise

So, you're chugging along nicely and the business reached a level where it might make more sense to franchise than to keep growing the areas yourself. What would be the criteria for you to decide to...

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