Ive just spend an amazing few days at a workshop called Rock Your Business, run by Mike Handcock. There were business owners from around the country all working on the business plans with the help of myself, Dave Rogers from Singapore who is an international business coach, Justin Herald from Sydney who built up an international brand called Attitude and sold it in under 7 years for many tens of millions of dollars and Alan Butcher a kiwi who built and sold David Reid Homes for many millions and more recently developed the Barn Company and Base 7 franchise systems.
A key message that kept coming up throughout the weekend was that we make things far more complex than they need to be. Its usually the simple things that we do consistently that add the most value. Justin is not a planner and he loves ‘stuff’ as he calls it. His simple way for achieving is to decide want he wants then plan to make enough money from whatever venture he is working on to buy what he wants. His rule is not to buy things from his current assets, which are extensive. Very simple.
If you have heard him speak he started Attitude with $1.25 in his bank, borrowed $50 from his brother and the rest they say is history. His latest venture Intimidate is a sunglass brand that cost him $150 to start and everything was presold before he incurred any costs.
Create simple systems and doing them well is one of Alan from Base7 key messages and he has certainly demonstrated how well that has worked for him. In my world of financial education its also the simple things that add the most value. People would benefit from spending more time on creating good basic financial habits that they would being too focused on the which investment is best.
Are you making you life more complicated that it needs to be? It maybe in relation to your business, your finances, your relationships or your overall life. One of Justins favourite sayings is ‘how well is it working for you?’ – what a great question to ask yourself.
Rock Your Business will be held again at the beginning of November. Heres the link if you are interested.