Everything in Australia is Trying To Kill You (Not Just the Spiders)

This article should not be controversial, but seems to be. For some reason this is the one people want to engage with me about. But I stand by it – for MOST New Zealand growth businesses, Australia will use up more valuable time and capital than it is actually worth in revenue or valuation. SoContinue reading “Everything in Australia is Trying To Kill You (Not Just the Spiders)”

Strategy Building Tools and Tips

When I did my MBA at Stern School of Business at New York University, the strategy courses were my favourite.  The right strategy matters, and there are many ways to analyse your position and determine the right approach. Porter’s 5 forces, SWOT and other basic tools are certainly basic building blocks. More recently I haveContinue reading “Strategy Building Tools and Tips”

Hire Locally. Don’t Screw it Up.

Every kiwi business person who has done business in the US has a hiring story.   And not one of the good ones. The most consistently made mistake in the US market is hiring the wrong people.  Why? I have a theory (from 20 years of living in the US) that Americans – and in particularContinue reading “Hire Locally. Don’t Screw it Up.”

Start With the End to Get to the Beginning

New Zealand businesses – particularly high growth businesses – routinely sell for less than they are really worth.   There are a number of reasons for this: for instance the use of historical financial metrics (like revenue multiples) often doesn’t help New Zealand businesses because of our naturally smaller market and revenues.  You may have builtContinue reading “Start With the End to Get to the Beginning”

Opportunism is Not Strategy

I speak often with Kiwi entrepreneurs about their US strategy.  I ask how they decided on the customers that they have, and the markets they serve.   The answer is almost always something like ‘I got a call from a potential customer in x…..’   If you answered this way, then your customer chose you, you didn’tContinue reading “Opportunism is Not Strategy”