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Growing and scaling

8 Team-Building Mistakes Richard Branson Would Never Make

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Growing and scaling

Top 10 Website Tips For Small Businesses. #3 Is Non-Negotiable.

As a business owner, pulling a website together probably isn’t in your primary skill set. Yet, the...read more

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Growing and scaling

How Entrepreneurs Can Leverage Local News

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Growing and scaling

Change: What’s in it for SME?

Every change is an opportunity – an opportunity to refresh and reinvent. Changes in (i) ownership... read more

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Growing and scaling

Why Slowing Down Will Grow Your Business

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Growing and scaling

Is Cash Pouring In Or is It Just A Trickle?

As many of you who read my blog last week know I was on holiday in Fiji, a place that I can relax... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Jef LippiattCo-founder at Startup Chucktown
I agree that pricing is important both for products and services (and in combination). As you've pointed out having a nominal service fee to reduce the cost of products is a smart play. And it's always good practice to reach out for feedback from customers.
Growing and scaling

Find the Right Advisor & Make $100,000

Before I start where I left off last week, I need to clear something. You see last week I suggested... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Hitesh MohanlalDirector at WOW! Advisors & Business Accountants
Jef. Thanks. Yes that does happen. Work out what you need and go with that
Jef LippiattCo-founder at Startup Chucktown
There are a lot of sound principles mentioned. I think it is difficult trying to agree with the other person where their role stops or what exactly you need. Currently, I've mostly used mentors, but I can see the need for a business advisor as I start to accelerate.
Growing and scaling

Is Your Business A Pushbike? Here's How To Become An Aston Martin

A couple of weeks ago, I wanted to prove a point at one of my seminars so I jumped onto Google and... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Hitesh MohanlalDirector at WOW! Advisors & Business Accountants
HI Jeff. Yes we do not realise how important they are until you have them.
Jef LippiattCo-founder at Startup Chucktown
I agree that accountability is very important. All entrepreneurs should have someone (a mentor or brutally honest friend) that will check in and call out problems that could escalate into something very bad for the business.
Growing and scaling

Is Your Reputation What You Want On Google?

In the good old days when Google and Facebook were not invented, your reputation was based on what... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Growing and scaling

What has Traffic Control Got to do With My Business? More Than You Might Think!

Inefficiencies drive me nuts. We have a rule in our office. If it is inefficient we change it.... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Growing and scaling

Will You be Saying – ‘Yes! We had a Great Strategy!’ Or ‘Crap We Messed That One Up!’

As a business growth strategist, it is not unusual for me to see excited businesses jumping up and... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Growing and scaling

We Know We Shouldn’t Do This Yet We Still Do!

Earlier this week I was visited by an uncle of mine from Melbourne. He is a highly successful... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Hitesh MohanlalDirector at WOW! Advisors & Business Accountants
Thanks Matt. Yes it is easy in theory. The key is to actually follow through what we know we need to do.
Matt Dell
Good advice here It looks so simple when you lay it out like that - of course it isn't in real life But the more separation you can have between the time you put into your business as the owner/manager and the time you are one of the workers the better Everyone needs some time out to work ON the business and the more you can do this the more insight you can get to the factors you describe here
Growing and scaling

Just Listen To Me. Fix It & Make Me Feel Special! Ignore At Your Peril!

The last couple of months have been very frustrating. We are partners with MYOB and over the last 4... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Growing and scaling

We are not insolvent! ..... Are You Sure?

Sometimes when I talk to clients about insolvency it is a bit like talking about death. They just... read more

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Hitesh Mohanlal Director at WOW! Advisors & Business Accountants
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Questions

How long were you in business before the website you launched with needed a complete redesign?

Two years? One year? Six months? What changed about your business to make a redesign necessary? Was... read more

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I am about to redesign my site for the third (? fourth maybe?) time in 15 months. It is not giving me the results I am after, I am DIYing, constantly learning and evolving, and while I was happy with my site 6 months ago, now I realise how much better it can be. Also, I will be launchign my first Google Adwords campaign later in the year so will optimise the site for that too.
Jef LippiattCo-founder at Startup Chucktown
Steve,I think you touched a variety of reasons that websites should be updated. My bias will come through on cost, because any updates we make to ours are made by myself or my co-founder (so it is really just time spent for us).The reasons we've changed our sites in the past do include, shifting our focus, tweaking our demographic and coming up with a better idea on how to present the content and information.I believe that the reason so many websites aren't up-to-date or accurate can happen do to cost. Small budgets make it hard to justify a website refresh if they have no assurance it'll drive more traffic and create more sales. Other ventures may not give enough thought to their website and the frequency at which it should be updated. This may happen because of a small team that is covering a lot of work that is more directly tied to sales or profit. It could also result from a mostly offline venture not understanding the value of their online presence.I think it is important that anytime you create a new product or service or even make noticeable modifications to your existing business, review your site to see if it still reflects the right message. Revisiting should be done for all key moments. Do you have your team posted (is it up to date)? What about product shots? Press Releases? When something major changes, revisit your current website.Look for clues that would show clients and/or customers you haven't updated your site in a while. Do you still have job openings posted from 6 months to a year ago? If they were filled remove them. If they weren't filled, revisit the job post, refresh it and repost with an updated date. Eliminate things that will make your clients and customers see your website as a virtual ghost town.
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Questions

What challenges did you face when achieving such rapid growth?

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Jef Lippiatt Co-founder at Startup Chucktown
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Growing and scaling

The One Trait All Successful Entrepreneurs Have

Menu Latest Top 50 How To Lists X Switch back to...read more

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Questions

How did you build the necessary connections in the wine industry to allow for Vinomofo's success?

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Charlene Sampilo Customer Service at SavvySME
Justin Dry at Vinomofo
Vinomofo wasn’t the first business we had in the tech wine space so it actually happened in the years leading up to the launch.Qwoff was the first one in 2007 and was actually a really cool idea but to be honest had a shit business model. It was like a facebook for wine. Too early for the space and the market was too niche for the business model.We then pivoted the business 4 times over the next few years before launching Vinomofo in early 2011.Each one was better than the last but more importantly, we were building great relationships within the industry and a large tribe of wine lovers along the way who followed us into Vinomofo.
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Questions

What 20% factor can you attribute Vinomofo's success to in terms of the 80/20 rule?

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Yee Trinh Marketing Manager at SavvySME
Justin Dry at Vinomofo
I actually live by this rule as often as possible and it has served me well. As far as Vinomofo goes I would say our most valuable time has been spent on delivering the best possible product. Make it so good that your customers do the marketing for you. On the flip side if your product is shit no amount of advertising is going to save you.
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Growing and scaling

The Myth of Overnight Success

"It takes 20 years to become an overnight success." - Eddie CantorWhen looking upon wildly...read more

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