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Business Owners

Advice

Are you hoping for an upgrade?

I was talking to a friend the other day about her upcoming holiday. “We only booked economy, but we’re hoping for an upgrade” she said. Because the lady concerned is a good friend, and I didn’t want to offend or…
Paul Wright
October 20, 2014
Business

Why most business plans are Crap!

In recent years there has been much written about the need for detailed business plans, and in fact a whole industry has sprung up built on developing business plans at great expense to the business owner, who has somehow become…
Paul Wright
October 13, 2014
Advice

What is Real Advice?

I was sitting in my dentist’s chair the other day, after my umpteenth visit, yet another root canal over, when he suggested I had some other problems that he needed to discuss with me. Once I had mentally checked my…
Paul Wright
October 7, 2014
RetirementSuperannuation

What exactly is superannuation?

I don’t know how many times I have had people say to me “Superannuation is a lousy investment” or “I don’t believe in Superannuation”. Statements like these come about because the person making them doesn’t really understand what superannuation is.…
Paul Wright
October 7, 2014
AdviceBusiness

Keep it Separate, Keep it Safe

All of us in business know that it is an activity with an inflated level of risk. There are many external factors which can impact upon the performance of the business over which we have no control. I have written…
Paul Wright
September 29, 2014
Advice

A Spectator or a Competitor?

A spectator or a competitor? “The road to financial success is lined by those who were always going to, but never did”. I love the Tour De France. Each July my bleary eyes pay tribute to long nights in front…
Paul Wright
September 12, 2014
AdviceBusiness

The Four Cs of Business Ownership

Why Do We Go into business? This is a question I ask myself often, particularly during those difficult times (and we all have them don’t we?). On reflection, I’ve actually gone into business three times, each time for different reasons,…
Paul Wright
September 10, 2014
Advice

Why Fear Advice PART 2

This is Part 2 of a 2 Part Series. Read Part 1 here. In this second article I explore a few more "fear factors". 4. Fear of our own shortcomings One of the things about money, and personal finances in general,…
Paul Wright
January 13, 2014
Advice

Why Fear Advice PART 1

This is Part 1 of a 2 Part Series. Read Part 2 here. I have been wondering for some time why so many people seem to fear obtaining financial advice. In Australia less than 20 per cent of people have…
Paul Wright
January 8, 2014
AdviceBusiness

Have 2 Plans

Many business people will at some time have committed to producing a formal business plan. Some of them will also have a personal financial plan. I advocate that EVERY business person needs 2 plans to adequately cover all of the…
Paul Wright
December 3, 2013