I’m often asked what I believe the year ahead holds for creative industries, and this is often followed by a second question – what can be done to remain strong in the tough economic climate we are experiencing? It may sound rather absurd, but my advice is to think inside the box during hard times. …
Tag: turnover
Powerful Customers
My aunty is 85 years old and recently she got a new digital TV with a Sky Box. I was showing her how to use the remote control and I said, “Look at this. Imagine you’re watching a TV programme and you want to take a break or make a cup of coffee. All you …
Business Growth: Does Size Matter?
Part of my job as a business adviser in the creative sector is to ask questions – sometimes awkward or unexpected questions. So when entrepreneurs ask my advice about how to grow their businesses, my first questions are: “Why do you want to grow?” and: “What do you want to grow?” Why grow? There is …
Don’t be a ‘Poor Pioneer’: create Barriers to Entry
I often advise creative entrepreneurs who have innovative products or services. Sometimes it’s a completely new idea and they are planning to open up a new market for it. Someone asked me whether I’m ever tempted to ‘steal’ the ideas people tell me about when I’m advising them. My answer was firmly No, for two …