High inflation: What does it mean for your business?

Posted by Matt Vincent on Mar 14, 2022 3:07:15 PM

High inflation is hitting businesses and households hard in 2022. Across the world, inflation is running high, thanks to factors like pandemic disruptions, monetary stimulus and supply-chain issues.

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Topics: Value, Business Development, Profit, Growth

Inflation is coming: should you increase your prices?

Posted by Matt Vincent on Feb 10, 2022 9:46:31 AM

Inflation is currently running at 5.6%, but experts are forecasting that it’s likely to increase over the next year or two. The rising cost of goods and services has been driven by local labour shortages as well as higher shipping costs and product scarcity worldwide.

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Topics: Value, Covid-19, Payable, Money, Growth

A Mindful Approach to Better Decision Making

Posted by Matt Vincent on Jan 11, 2021 3:52:25 PM

I was talking with a client the other day and the conversation went something like:

“I’m pissed off, I had three pending sales, one backed out because they couldn’t afford it, another competitor cut my lunch, took what I had done and gave the client a discount to get the sale.”

“But, what I am most pissed off about is the third person who contacted me wanting to take some time to consider the deal. I told them if you don’t trust what I have done then you don’t trust me so find another supplier. The reality is that if I wasn’t so pissed off I believe I would have gotten that sale”.

I’m sure everyone can relate in some way to my client’s story.

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Topics: Purpose, Apps, Stress, Growth, Mindful

Reflecting on the Year

Posted by Matt Vincent on Dec 14, 2020 3:53:40 PM

Reflection is taking a step back and putting serious thought or consideration into past actions, behaviours and beliefs.

 

If you were ever going to reflect on a year, this would be it. The turmoil that has been 2020 has impacted everyone, uncertainty in a crisis brings out the best and worst of us.

 

First and foremost, why would one reflect and why is it valuable?

 

If you want to become a better version of yourself or create a better business, you need to reflect on what has been so that you can take those learnings and improve. Growth is the reason for reflection.

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Topics: Purpose, Stress, Growth