So someone calls you up and says that they want to buy your company. You take a deep breath and then say, let’s talk… There are a lot of wrinkles in selling your business. The main one is that most people are so unused to the concept that they stumble at the first fence…. Imagine [...]
How important in the development of ideas into commercial reality is talent? And how important is persistence, determination and hard work? They used to say: “1% inspiration and 99% determination”. The thing is that there are a lot of steps along the way to launching a business, launching a product, or launching a company. At [...]
It seems that the election yesterday has resulted in close to a dead heat between the major parties – a hung parliament. This can be seen as a major problem in that it can stop legislation going through, or, as I like to think, a huge opportunity for good sense. And this is why: When [...]
This has to go down as one of the most amazing elections in Australian history. In it neither of the alternative Prime Ministers have said anything remotely bold – until today. Julia Gillard said that she would stop following the script and be herself. Does that mean that she might say something exciting or memorable? [...]
One of my friends, who is also a client, has been going through a difficult period with his business recently. Its a start up, and it is still very early on in its evolution, and it is entirely self-funded. There are revenues, but not enough to cover overheads yet. In a business that is self-funded [...]
There are a lot of things to consider when starting a new business. And it is just as challenging to build an existing one. The big problem is that you have to do so many things yourself. And there just aren't enough hours. Last night I was at a dinner party and saw an old [...]
I had lunch with a friend who is a corporate lawyer in Sydney a week ago. He talked to me about one of his clients who is just starting on the path to raise money for a start up, and asked me whether I could help her with her fund-raising strategy, since I have been [...]
We are living in a constantly changing world. More of those changes are taking place than we have ever experience before, and for some reason people are shocked by much of the change. But we shouldn't be. Much of what is taking place should not really be surprising, because it is largely predictable. All this [...]
Another Koltai Rant of a personal nature. It would appear to me that the Supreme Court in New South Wales is more interested in clearing it’s docket than ensuring that justice is served. This might be because yesterday, I lost my case (filed in March 2007) against Tricom Equities. Or it might be [...]
The following is about a person and a topic I have written about before… I think that the people, and the time in history are an interesting metaphor for what is happening now politically, economically, and societally. The Story Of A Refugee Have you ever heard of Peter Drucker? He was arguably the [...]