Entrepreneurs who hustle are the backbone of a thriving economy

1. 31 Over the last couple of years there use to be an excellent
coffee shop in an industrial estate. I use to pop in when I
was on that side of the city. Grab a coffee and head back to
car to read for forty minutes.
Last November it closed down. About three weeks ago, a mobile
coffee shop has appeared. They spotted a gap for coffee made from
freshly ground coffee beans in this area. A simple operation of
coffee, water and muffins.
After a couple of weeks to make sure it wasn't just a once in a while
operation, I purchased some coffee. Freshly brewed, good taste and
friendly service.
So I have to salute this entrepreneurial person for spotting a gap and
making the decision to operate in this area.
JAN
Kudos to the Hustle
17 This is the Olympic motto ;
Citius, Altius, Fortius.
As you head into the new year,
with resolutions made and goals
set, let us re-define the above
motto to assist you keep those
resolutions and reach your goals.
JAN Faster Higher Stronger
4 " It's weird how society
works ; Rather than allowing
you time to find the thing you love
and can pursue with complete
conviction, we ate told , you must
work , no matter how much you
dislike it "
Conor Mc Gregor
JAN Pursue What You Love
5 I was reminded of this
customer experience
paradox, last week.
While having a coffee with an old
friend another person entered the
DEC 1 : 5
15
One of my favourite forms of
poetry is Haiku. The ability to
express so much in seventeen
syllables is a true skill.
Over the weekend while reading a
book on Haiku, one of the old
NOV MAKOTO . . . Way of
Heaven
9 Last week I enjoyed a couple of days off. One evening an early
light dinner was arranged with an old friend.
A couple of hours went by enjoying food, glass of wine, couple of coffees
and good conversation. As we said our good-byes and I had started to
walk home, it hit me. A big attack of hunger pangs. Beside me was a
national fast food outlet. " A portion of french fries should abate the
hunger " I thought.
I placed my order ; " sorry we have no french fries ".
NOV When Central Purchasing Goes Bad
2 " People rise to their level of incompetence " Laurence J Peter
That is the Peter Principle. When I came across it about seven years
ago, it explained a lot that use to baffle me.
When you dig a little deeper, you find people who were promoted
because they were good at their previous job. No thought was given as
to whether they had the skill sets required for their new position.
And very rapidly they rise to their level of incompetence. Which in turn
leads to a high level of staff churn.
NOV The Mystery of the Peter Principle
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…grow and succeed THE GREAT JIM ROHN SAID WE SHOULD SHARE WH Search
Over the last couple of years there use to be an excellent coffee shop in an industrial estate. I use to pop in when I was
on that side of the city. Grab a coffee and head back to car to read for forty minutes.
Last November it closed down. About three weeks ago, a mobile coffee shop has appeared. They spotted a gap for
coffee made from freshly ground coffee beans in this area. A simple operation of coffee, water and muffins.
After a couple of weeks to make sure it wasn't just a once in a while operation, I purchased some coffee. Freshly
brewed, good taste and friendly service.
So I have to salute this entrepreneurial person for spotting a gap and making the decision to operate in this area. I
hope their decision pays off, because it is the small entrepreneurs who make up the backbone of any thriving economy.
The person who is willing to hustle where others fear to thread.
As to the viability of this venture in this location, I don't know. I don't know the ground rent for their spot or the general
operating costs. However I do know that for any venture to have a chance of survival, they must generate 5X in sales
for what they pay in rent.
So in my own little way, I will be purchasing coffee from this mobile unit any time I am in the area. My little way of helping
them get the sales they require to survive and thrive.
Colin Myles Author
P.S.
If any new venture has opened up in your area, give them a try. If you have a good experience, become a repeat
customer and tell as many people as possible. Keep the backbone of your local economy strong.
Posted 12 hours ago by Colin Myles
Labels: community, customerexperience, economy, enthusiasm, entrepreneur, gapinmarket, hustle, leadership,
management, marketing, sales, smallbiz, smallbusiness
Tw eet Like 1
31
JAN
Kudos to the Hustle
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2. 25 Yesterday waiting in line to pay for a newspaper, a strange thing
occurred.
Two people ahead of me and this young guy comes running up to a floor
assistant, with two postcards in his hand. Asking could he pay her
instead of going to till.
She explained the items had to be scanned and asked him politely to
join the small queue.
He was two places behind me. Just as I was about to pay, he rushed
around, dropped the cards on the counter and ran out the door.
OCT Why The Hurry ?
11 " Hope and fear are both phantoms that arise from thinking of the
self "
Tao Te Ching
What is a phantom ? It is defined as " an appearance or illusion without
material substance. "
When we think only of ourselves, the phantoms of hope and fear come
out to play.
We start to hope for outcomes that benefit our self and nobody else. We
stir up doubts and fears about what might be.
Leading us to be overly optimistic or rooted to the spot by fear.
OCT Hope and Fear
27 " Nobody talks about entrepreneurship as survival, but that's
exactly what it is and what nurtures creative thinking. Running that
first shop taught me business is not financial science; it's about trading :
buying and selling "
Anita Roddick
Financial science is the study of taxation, internal auditing and financial
management. Dealing with assets and liabilities and their degrees of
uncertainty and risk. Finance is them the science of money
management.
SEP Financial Wizardry